Shea Butter Market Research Report 2018

Google+ Pinterest LinkedIn Tumblr +

Worldwide Market Reports added Latest Research Report titled “Shea Butter Market”to its Large Report database.

Shea butter is an edible vegetable oil or fat, extracted from sun-dried kernels of the African shea tree. It is extensively used in cosmetics, health products and in the confectionery and chocolate industry. Shea butter and its fractions can also replace other edible vegetable oils or fats in other food applications. Moreover, it is used for body, hand, and facial products because of its nonsaponifiable content. Shea butter contains ester resins recommended for damaged skin repair, cleansing, and the sun’s protection.

The continuous increasing demand for cocoa equivalent products due to rising chocolate consumption by world population and rising market demand for natural products based cosmetics and skin care products are major factors driving growth of shea butter market. The demand for shea butter is increasing, owing to consumer awareness about hydrogenated oils that contain trans fats.

Request for Sample Copy of Research Report: https://www.worldwidemarketreports.com/sample/178987

However, cost of shea butter, which is higher than that of the substitute products such as palm oil and olive oil, used in soap and other skin care products is a factor restraining growth of shea butter market.

Key Developments in Shea Butter Market

Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the shea butter market. On February 15, 2018, IOI Loders Croklaan partnered with Kerry Group, Wild Asia and the Fortuna Palm Oil Mill in Sabah for the implementation of a 3-year Small-Growers Support Program. On February 28, 2018, Bunge announced its acquisition of a 70% ownership interest in IOI Loders Croklaan from IOI Corporation Berhad.

Get Best Discount on Research Report: https://www.worldwidemarketreports.com/discount/178987

Furthermore, on March 5, 2018, Wilmar International Limited and the Malaysian Palm Oil Certification Council (MPOCC) joined hands to assist all of Wilmar’s suppliers in Malaysia to obtain the Malaysian Sustainable Palm Oil (MSPO) certification by the end of 2019.

Some of the key players operating in the market include IOI Loders Croklaan, Wilmar Africa Ltd/ Ghana Specialty Fats, Ghana Nuts Ltd, Shebu Industries, Timiniya Tuma Company Ltd, The Pure Company, The Savannah Fruits Company, VINK CHEMICALS GMBH & CO. KG, Akoma Cooperative, StarShea, and International Oils & Fats Limited among others.

Browse more detail information about This Report: https://www.worldwidemarketreports.com/market-insights/shea-butter-market

**If you have any special requirements, please let us know and we will offer you the report as you want.


About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

Contact Us:

Mr. Shah

Worldwide Market Reports

1001 4th Ave,

#3200

Seattle, WA 98154,

U.S

Tel: +1 415 871 0703

Email: [email protected]

Share.

About Author

Is an excellent researcher with expertise in the healthcare domain. His detailed research on topics related to recent breakthroughs in the genetic engineering, pharmacy, and healthcare fields coupled with his ability to concise his in-depth study in the best way possible, is of great advantage to this new portal. Contact Author

Comments are closed.