Mexico Shea Butter Market Size & Outlook, 2022-2030
Mexico shea butter market, 2018-2030 (US$M)
Related Markets
Mexico shea butter market highlights
- The Mexico shea butter market generated a revenue of USD 46.5 million in 2022 and is expected to reach USD 78.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.8% 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 46.5 million |
| Market revenue in 2030 | USD 78.5 million |
| Growth rate | 6.8% (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, Mexico accounted for 2.1% 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 North America, U.S. shea butter market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 902.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Shea Butter Market Scope
Shea Butter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 61.94% in 2022. Horizon Databook has segmented the Mexico shea butter market based on raw and unrefined, refined covering the revenue growth of each sub-segment from 2018 to 2030.
Its moisturizing properties, skin comfort, and promotion of hair health are valued by Mexican customers, and its attractiveness is further fueled by the rising demand for natural and environmentally friendly skincare products.
International players are offering shea butter skincare cosmetics through online marketplaces. For instance, The Body Shop presents Mexican consumers with Satsuma Body Butter through Desertcart, a product comprising 96% natural ingredients.
This includes satsuma oil, handcrafted Community Fair Trade sesame seed oil from Nicaragua, and Community Fair Trade shea butter sourced from Ghana.
Reasons to subscribe to Mexico shea butter market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico shea butter market databook
-
Our clientele includes a mix of shea butter market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico shea butter market , including forecasts for subscribers. This country databook contains high-level insights into Mexico shea butter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico shea butter market size, by product, 2018-2030 (US$M)
Mexico Shea Butter Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
