Global Shea Butter Market By Type (USD Million)

Year REFINED UNREFINED/RAW
2018 $ 462.6 $ 232.5
2019 $ 486.7 $ 243.9
2020 $ 509.5 $ 254.8
2021 $ 535.3 $ 266.9
2022 $ 564.1 $ 280.5
2023 $ 595.1 $ 295.2
2024 $ 628.4 $ 310.8
2025 $ 664.0 $ 327.6
2026 $ 702.5 $ 345.7
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Global Shea Butter Market By Type (USD Million)

Synopsis
The above chart is Global Shea Butter Market By Type (USD Million)

Market Dynamics

shea butter has been used for centuries as a popular ingredient in various skin and hair care products due to its numerous benefits. extracted from the nuts of the shea tree, this natural ingredient is rich in vitamins and fatty acids, making it highly moisturizing and nourishing for the skin and hair. as a result, the global shea butter market has been experiencing significant demand, with consumers turning towards natural and organic products for their beauty and personal care needs. the shea butter market, by type, can be segmented into refined and unrefined shea butter. refined shea butter is processed and filtered to remove any impurities, resulting in a smoother and more uniform texture. on the other hand, unrefined shea butter is a raw form, retaining all its natural properties and is often considered to be of higher quality. both types have their own set of benefits and are used for different purposes. for instance, refined shea butter is widely used in cosmetic products such as lotions, creams, and soaps, while unrefined shea butter is more commonly used in its pure form for medicinal and culinary purposes. the increasing demand for natural and organic products has been one of the key drivers of the global shea butter market. with a rising awareness about the harmful effects of synthetic ingredients, consumers are becoming more conscious about the products they use on their skin and hair. shea butter, being a natural and sustainable ingredient, has gained popularity among health-conscious consumers. furthermore, the growing trend of do-it-yourself (diy) beauty products has also contributed to the demand for shea butter, as it can be easily incorporated into homemade masks, scrubs, and other beauty treatments. another factor driving the demand for shea butter is its various beneficial properties. it is known to have anti-inflammatory, moisturizing, and anti-aging properties, making it a popular ingredient in skincare products. shea butter is also widely used for its healing properties, making it effective for treating skin conditions such as eczema and acne. moreover, its high level of vitamin a and e content helps in repairing damaged skin and promoting overall skin health. in conclusion, the global shea butter market is witnessing a surge in demand due to factors such as the growing preference for natural and organic products, the popularity of diy beauty treatments, and the numerous beneficial properties of shea butter. with increasing awareness and the use of shea butter in a variety of products, it is expected to continue to experience high demand in the years to come.

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