France Shea Butter Market Size & Outlook, 2022-2030
France shea butter market, 2018-2030 (US$M)
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France shea butter market highlights
- The France shea butter market generated a revenue of USD 104.4 million in 2022 and is expected to reach USD 199.3 million by 2030.
- The France market is expected to grow at a CAGR of 8.4% from 2023 to 2030.
- In terms of segment, raw and unrefined was the largest revenue generating product in 2022.
- Raw and Unrefined is the most lucrative product segment registering the fastest growth during the forecast period.
Shea butter market data book summary
| Market revenue in 2022 | USD 104.4 million |
| Market revenue in 2030 | USD 199.3 million |
| Growth rate | 8.4% (CAGR from 2022 to 2030) |
| Largest segment | Raw and unrefined |
| Fastest growing segment | Raw and Unrefined |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Raw and Unrefined, Refined |
| Key market players worldwide | Basf SE, Cargill, Croda International PLC, Clariant AG, AAK AB, OLVEA, Sophim, Suru Chemicals & Pharmaceuticals, Nuts.com, Shea Radiance |
Other key industry trends
- In terms of revenue, France accounted for 4.8% of the global shea butter market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany shea butter market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 199.3 million by 2030.
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Shea Butter Market Scope
Shea Butter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France shea butter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shea butter market will help companies and investors design strategic landscapes.
Raw and unrefined was the largest segment with a revenue share of 62.16% in 2022. Horizon Databook has segmented the France shea butter market based on raw and unrefined, refined covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Centre for the Promotion of Imports from developing countries (CBI), there was a decline in imports between 2016 and 2020. Nevertheless, the quantity and quantity of imports experienced growth from 2016 to 2019.
Market players in the country offer products that incorporate natural ingredients while adhering to sustainable principles and applications. In June 2022, L'Occitane celebrated Earth Day by launching a new product, the Shea Butter Hand Cream.
This cream features a potent formula with 20% shea butter, along with honey, almond extract, and coconut oil, designed to safeguard against dry and chapped hands. L'Occitane also hosted nature-positive pop-up stores across Europe, the Americas, and APAC countries.
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Horizon Databook provides a detailed overview of country-level data and insights on the France shea butter market , including forecasts for subscribers. This country databook contains high-level insights into France shea butter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France shea butter market size, by product, 2018-2030 (US$M)
France Shea Butter Market Outlook Share, 2022 & 2030 (US$M)
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