The Global Shea butter market is estimated worth USD 1,693.13 Million by 2026
As per BlueWeave Consulting, The Global Shea butter Market has gained momentum in recent years with a CAGR of 7.10%, in value terms, over the forecast period 2020-2026, and is expected to reach USD 1,693.13 Million by 2026. The growing demand for Shea butter in the food & beverage industry and cosmetics Industry are vital factors expected to encourage the growth of the global Shea butter market in the upcoming period. Also, growing trends towards the application of shea butter in the bakery & confectionery industry as an alternative for cocoa butter due to high prices of cocoa as a result of limited supply are other factors estimated to accelerate the growth of the market in the next few years. Rising consumer inclination towards natural products. The key growth drivers driving the global shea butter market are increasing consumer inclination toward natural products and consumer awareness. Also, the increase in the use of shea butter in cosmetic products is driving marke...