Germany Shea Butter Market Size & Outlook, 2022-2030
Germany shea butter market, 2018-2030 (US$M)
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Germany shea butter market highlights
- The Germany shea butter market generated a revenue of USD 145.5 million in 2022 and is expected to reach USD 231.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 6% 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 145.5 million |
| Market revenue in 2030 | USD 231.2 million |
| Growth rate | 6% (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, Germany accounted for 6.7% 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 |
|---|
Germany 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 61.72% in 2022. Horizon Databook has segmented the Germany shea butter market based on raw and unrefined, refined covering the revenue growth of each sub-segment from 2018 to 2030.
Given the prominence of baking in Germany, shea butter is widely used in the baking industry in the country, particularly due to its ability to improve the texture of baked goods. Market participants in the country are actively offering organic, food-grade shea butter to cater to this demand.
All Organic Treasures GmbH, a Germany-based provider, offers organic shea butter. Its refined shea butter is a nearly odorless and tasteless white solid fat that is rich in oleic acid and stearic acid.
The company offers both raw and refined organic shea butter, with the refined shea butter being suitable for food. Its shea butter is certified as both ORGANIC and KOSHER, with a shelf life of at least 18 months.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany shea butter market , including forecasts for subscribers. This country databook contains high-level insights into Germany shea butter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany shea butter market size, by product, 2018-2030 (US$M)
Germany Shea Butter Market Outlook Share, 2022 & 2030 (US$M)
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