Butyrospermum Parkii Market Growth, Size, Share, Trends, and Forecast 2032

Butyrospermum Parkii Market Insights

According to the report published by Zion Market Research, the global Butyrospermum Parkii Market size was valued at USD 2,250.40 Million in 2023 and is predicted to reach USD 4,178.50 Million by the end of 2032. The market is expected to grow with a CAGR of 7.24% during the forecast period. The report analyzes the global Butyrospermum Parkii Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Butyrospermum Parkii Market industry.

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Butyrospermum Parkii Market: Overview

The Butyrospermum Parkii mainly consists of the fatty acids which include the stearic and the oleic acids and also has vitamin E and carotene. The shea butter is obtained from the seeds of the tree Butyrospermum Parkii which are the wild trees found in the regions of West/Central Africa. It is mainly used in the personal care and the cosmetic industry.

Butyrospermum Parkii Market: Facts

Cetiol SB 45 or the INCI (The International Nomenclature of Cosmetic Ingredients) name Butyrospermum Parkii (Shea) Butter is an exotic, waxy emollient; it is used widely in the cosmetic products. It follows the green criteria of being available from the renewable resources and has got green certifications from the Ecocert, COSMOS, and Natural Products Association.

Butyrospermum Parkii Market: Segmentation

The global market for the Butyrospermum Parkii is fragmented into its application type and end-user type.

Based on the application, the global market is segregated into lotions, toiletries, and personal & body care.

Based on the end-user type, the market is categorized into topical medication and cosmetics.

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Butyrospermum Parkii Market: Growth Factors

There is a huge demand for the Butyrospermum Parkii from the cosmetic industry. The increasing growth of the beauty conscious consumers are increasing the demand of the Butyrospermum Parkii. Butyrospermum Parkii or shea butter is used in several personal care products as it provides skin care benefits. Butyrospermum Parkii is a natural ingredient and thus is approved by the Food and Drug Administration organization.

The Butyrospermum Parkii is used in the skin care lotions as it improves the appearance of the dry skin, provides healing effects for the skin disorders such as anti-inflammatory, soothes itchiness, sunburnt, or irritated skin. The effective use of the product is that it absorbs the UVB rays and shields the skin from the sun and has antioxidant properties. The various cosmetic products where Butyrospermum Parkii is used include facial moisturizer, lipstick, eye cream, hand cream, body lotion, hair balm, bar soap, and sunscreen

Butyrospermum Parkii Market: Report Scope

Butyrospermum Parkii Market: Regional Analysis

In terms of value, the region that is leading the global Butyrospermum Parkii market is the North America. The factor that attributes to this growth is the maximum revenue share of the region in the cosmetic as well as medical sectors. The region that is following North American region is Asia Pacific owing to the rise in the awareness of the people about the health consciousness. The regions such as Western Europe and Eastern Europe are also contributing significantly to the growth of the market. In Japan, the market is registering a good rate of growth owing to the increasing aging population and the increasing demand for the skin nourishing applications. There are relatively high amount of opportunities for the market in the Latin America and the Middle East and Africa.

Butyrospermum Parkii Market: Competitive Players

The key market players that are involved in the Butyrospermum Parkii market include:

• Molivera Organics Mol-3715
• Key West Health & Beauty
• Sky Organics
• Perfect Body Harmony
• Elixir Naturel
• Tree Hut.

The Global Butyrospermum Parkii Market is segmented as follows:

By application type 

• lotions, toiletries
• personal & body care 

By end-user type 

• topical medication and 
• cosmetics

Butyrospermum Parkii Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.