Shea Butter Market Analysis & Forecast 2025-2031

Shea Butter Market by Product Type ( Processed Shea Butter, Refined Shea Butter ) by Application ( Cosmetics, Medicine, Food Industry) by Industry Analysis, Volume, Share, Consumer Insight, Challenges, Trends, Strategies & Forecast 2025-2031, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)

Report Code: PSMR- 100533          Category: Food & Beverages          Region :  Global         Report Format :                  

 Download Free Sample

 Table of Contents

Global Shea Butter Market is expected to reach USD 3287.46 million by 2031 with CAGR of 7.2 % between 2025 and 2031

Shea Butter is an edible vegetable oil which is separated from sun-dried kernels of the Shea tree. A fatty material access from the nuts of the Shea tree, used in food and cosmetic skin preparations and skin moisturizing. The absorption of natural vitamins and fatty acids in Shea Butter makes it strangely nourishing and moisturizing for skin. It is generally used to relief dry skin and to help to secure the skin's natural oils. Shea Butter has been used as a cosmetic ingredient from years. Shea Butter is safe to eat if its hundred percent unrefined, grades A that comes from a good source.  


Shea Butter Market

Raw Shea Butter is commonly used in cooking in African region and safe to consume. The powerful antioxidants and vitamins in Shea Butter like vitamin A, which is helpful in reducing dark circles and also help to reduces the appearance of blemishes and dark spots as well as speed up the healing process of blemishes and dark spots on the skin. Shea Butter has vitamins A and E, Both vitamins soothe and moisturize chapped lips and dry skin. Increasing demand in cosmetic industry driving growth of Shea Butter Market.  


An important market remains in the European Union, US which buys Shea mainly for cosmetics and chocolate formations. The average price for Shea Butter is much lower than the world market prices for cocoa butter & can be used as replacement. The key element driving growth of the Shea Butter Market involved the growing demand for cocoa butter options in chocolate and confectioneries, increasing utilization of chocolate and bakery products, increase of product premiumization in the food and beverages industry, and soaring Shea Butter utilization by cosmetics and personal care products manufacturers.  


The study covers a detailed analysis, growth and forecast of the Shea Butter Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2018 to 2023 and market forecast for 2024 to 2030 based on revenue generated. The study includes market value in terms of revenue in million USD for years 2018-2030 and compound annual growth rate (CAGR) in % from 2024 to 2030. The market is expected to show constant growth between 2024 to 2030.  


The report comprises value chain analysis for each of the product segments. Value chain analysis offers in-depth information about value addition at each stage. The study includes drivers and restraints for Shea Butter Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users/regions. Our study Shea Butter Market helps users to make precise decision to expand their market presence and increase market share.  


The report provides Shea Butter Market Dynamics, includes industry growth drivers, challenges, opportunities, risk, constraints as well as threats. Reports also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Shea Butter Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.  


Shea Butter Market : Product Type

  • Processed Shea Butter
  • Refined Shea Butter

Shea Butter Market : Application

  • Cosmetics
  • Medicine
  • Food Industry

Shea Butter Market : Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Shea Butter Market :

  • The Savannah Fruits Company
  • IOI Loders Croklaan
  • Ghana Nuts Ltd
  • StarShea
  • Akoma Cooperative

Geographical analysis of Shea Butter Market :

  • North America
    • U.S.A
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Global Shea Butter Market Report delivers a comprehensive analysis of the following parameters:

  • Market Forecast for 2025-2031
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis

Report Coverage

Parameters Details

Base Year

2024

Historical Data

2019-2024

Forecast Data

2025-2031

Base Year Value (2024)

USD 2020.68 million

Forecast Value (2031)

USD 3287.46 million

CAGR (2025-2031)

7.2 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW


Frequently Asked Questions (FAQ)


Shea Butter Market was valued at around USD 2020.68 million in 2024 & is estimated to reach USD 3287.46 million by 2031.




Shea Butter Market is likely to grow at Compound Annual Growth Rate (CAGR) of 7.2% between 2025-2031.




Shea Butter Market is dominated by the Cosmetics segment and the Europe region holds the highest market share in 2023.



Some of the top key players in the Shea Butter Market are




Primary driving factors for the growth of the Shea Butter Market include Increasing demand in cosmetic industry along with technological enhancements.




Yes, the report includes Geopolitical impact on the market.




Purchase Options

    Cloud Access $2450

    Corporate User $3550

        Licence

    Enterprise Licence $4050

Inquire Before Buying

Please fill below details:






    ×
    Free Customization

    We are committed to offering 100 % free customization while purchasing.



      Access FREE Sample

      Receive a detailed insight into the Shea Butter Market research study with our FREE sample report delivered straight to your email. The report covers major market factors such as Revenue, Forecast, Top companies insight, Regional analysis, Market trends & more.

       Download Free Sample




        ×