What is Shea Nut Butter?
The shea nut butter is obtained from shea tree found in various parts of South Africa, the shea ut is a fruit of shea tree and this fruit part is removed from the shelled nut to form shea nut oil or butter. The shea ut butter consists of a high level of stearic and oleic acid that contains a high content of unsaponifiable oil which has the main fatty acid. It has no toxic components that has hazardous chemicals and it is widely used as an ingredient in food products, cosmetics fo kin softening and it also consists of anti-inflammatory healing properties.
The market study is broken down by Type (Unrefined Shea Nut Butter and Refined Shea Nut Butter) and major geographies with country level break-up.
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bunge Limited (United States), The Pure Company (United States), Shebu Industries Limited (Ghana), Vink Chemicals GmbH & Co. KG (Germany), Savannah Fruits (Ghana), Akoma Cooperative (Ghana), Shearadiance (United States) and Timiniya Tumna Company (Ghana) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Shea Nut Butter market by Type, Application and Region.
On the basis of geography, the market of Shea Nut Butter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Shea Nut Butter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Cosmetics Industry will boost the Shea Nut Butter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Shea Nut Butter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
"According to FDA Food uses of shea butter outside of Africa are largely limited to refined products and include products refined into fractions such a shea stearin. As is the case for other food-grade vegetable oils and fats, shea butter predominantly consists of lipids, or generically fat (avg. 92 g fat/100 g product). The fat phase is then characterized by main triglycerides (avg. 99.7% of the fat phase), unsaponifiable matter (avg. 8 g/100 g product), and traces of monoglycerides and diglycerides. The unsaponifiable matter (avg. 8%) of shea butter consists of triterpene alcohols (5.2 to 6.0% of total butter), hydrocarbons (0.16 to 0.4% of total butter), sterols, and tocopherols."
Market Trend
- E-commerce Availability of Shea Nut Butter Products
- Emerging Packaging and Labelling Technology for Shea Nut Butter
Market Drivers
- Growing Demand for the Anti-inflammatory Healthy Products used in Food as well as Cosmetics
- Demand for Natural Personal Care Products
Opportunities
- Awareness about the Benefits of Shea Nut Butter in Food Products as well as in Personal Care Products
Restraints
- Allergy-Related ProblesmAssociated with the Consumption of Shea Nut Butter
Challenges
- Stringent Regulatory Guidelines on Shea Nut Butter
- High-cost Availability of Personal Care Products Made of Shea Nut Butter
Key Target Audience
Shea Nut Butter Manufacturers, Shea Nut Butter International Traders, Shea Nut Butter Distributors and Suppliers, Potential Investors, Regulatory Bodies, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.