Mafura Butter Market Scope
Mafura butter is derived from the seeds of the Mafura tree, also known as Cape Mahogany, and grown basically in southern locales of Africa, primarily in Zimbabwe. Mafura butter has a nutty smell and is edible and hence, can be used as cooking oil also. Mafura butter is rich in essential fatty acids and exhibits strong antimicrobial and anti-inflammatory properties, making it a valuable item to be utilized in the cosmetic and personal care industry. Mafura butter moisturizes the skin without clogging pores and encourages recovery of cells, therefore giving skin a young and fresh appearance. Mafura butter is high in palmitic acid, oleic acid, stearic acid, and linoleic acid content, which gives it strong anti-oxidant and medicinal properties. Mafura butter is also an fabulous hair moisturizer and conditioner and hence, helps in avoiding hair breakage, restoring hair flexibility, and rejuvenating damaged hair.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Sundial Brands (United States), Phytoafrica GmbH (Germany), Akoma International (UK) Ltd. (United Kingdom), Kaza Natural Oils ( Zimbabwe), Caribbean Natural Products Inc. (United States) and Gajimare Luxury (Kenya) |
CAGR | % |
The companies are exploring the market by adopting expansions, investments, and new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Mafura Butter market throughout the predicted period.
Sundial Brands (United States), Phytoafrica GmbH (Germany), Akoma International (UK) Ltd. (United Kingdom), Kaza Natural Oils ( Zimbabwe), Caribbean Natural Products Inc. (United States) and Gajimare Luxury (Kenya) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Shea Terra Organics (United States) and Gluki Organics (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Mafura Butter market by Type , by Application (Personal care products (Skin care, Hair care), Pharmaceuticals, Animal care products, Edible oils and Home care products (Candles, Wood polish, Others)) and Region with country level break-up.
On the basis of geography, the market of Mafura Butter has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In April 2023, pH Laboratories, an Italian luxury haircare products company has launched Pure Repair, a new product line in India through Maison D’ Auraine. The new range aims to offer consumers global hair products that give maximum results with an instantaneous hair transformation.
Influencing Trend:
Increasing R&D in the Personal Care Sector
Market Growth Drivers:
Increasing usages in Skincare, Personal Care, Hair Care, Food, Pharmaceuticals and Others
Challenges:
Logistics Issues
Restraints:
Lack of Awareness in Major Part of Globe
Opportunities:
Personal Care Industry are Focusing on the Use of Organic Ingredients Such as Mafura Butter
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries