Global Shea Butter Market was valued at US$ 1.7 Bn in 2018 and is expected to reach US$ 2.67 Bn by 2026, at a CAGR of 5.81% during a forecast period.

Cosmetics & personal care industry is expected to surge the market growth during the forecast period owing to growing usage of Shea butter in this industry. Shea butter has cinnamic acid, which saves skin from the ultraviolet rays is boosting the market growth during the forecast period. In addition, it has anti-aging properties and helps to soften skin and regeneration of tissue cell are also expected to drive the market in the cosmetic & personal care industry.

Shea butter is used in various type skins, hair, and food products and has several healing properties. Major driving factors of the market are various governments are restricting the usage of Shea butter in products such as chocolate, increasing disposable incomes, and growing concerns regarding fitness. Rising consumer preference towards the Shea butter products is propelling the market growth. Shea butter products have A & E vitamins, which are expected to fuel the market growth owing to rising health awareness among consumers across the globe. The medical industry is boosting the market growth owing to rising usage of Shea butter in various treatments as it contains cinnamic acid and it is very flexible. In addition, Shea butter has properties such as antioxidants, recover skin damage, and also improve health of skin & hair are boosting the market growth.

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Europe is expected to hold the largest share in the market during the forecast period owing to developed economy and growing consumer awareness. Government is promoting the usage of Shea butter is another driving factor of the market. Asia Pacific is estimated to generate the highest CAGR during the forecast period owing to rising trend of fashion, which is boosting the market growth in the cosmetic & personal care industry. Rising population and changing living standards of the consumers are also expected to surge the market growth in a positive way in this region. India and China are projected to fuel the market growth during the forecast period as rising consciousness regarding health and growing western culture influence in these countries.

The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.

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Key player’s studies, analyzed, profiled and benchmarked inShea Butter Market areGhana Nuts Ltd, Maison Karite Sociedad Limitada, Adunni Ori Ltd., Timiniya Tuma Company Ltd., and Savanna Shea Industries.

The Scope of the Report for Shea Butter Market
Global Shea Butter Market, by Type
Raw and Unrefined Shea Butter
Refined Shea Butter

Global Shea Butter Market, by Application

Food
Cosmetics & Personal Care
Medical
Others

Global Shea Butter Market, by Region

North America
Europe
Asia Pacific
Middle East & Africa
South America

Key Players Operating in Global Shea Butter Market

Ghana Nuts Ltd
Maison Karite Sociedad Limitada
Adunni Ori Ltd.
Timiniya Tuma Company Ltd.
Savanna Shea Industries
Star Shea Ltd
Shea Radiance
VINK CHEMICALS GMBH & CO. KG
Jedwards International, Inc
IOI Loders Croklaan
Lovinah Naturals
Maison Karite Sociedad Limitada
Shebu Industries
Shea Therapy Ltd

Global Antiperspirant and Deodorant Market was valued US$ 70.2 Bn in 2017 and is forecasted to reach US$ 95.8 Bn by 2026, at a CAGR of around 4% during forecast 2018-2026.

Increasing concern about hygiene among consumers, changing lifestyle and increasing disposable income are a major driving factor of antiperspirant and deodorant market. Many countries and cultures have adopted

Antiperspirant and deodorant as an essential product of their daily hygiene. Antiperspirant and deodorant are fast-moving consumer goods. Superior quality elements, eye-catching designs, and packaging are some additional factors that are projected to further fuel the global antiperspirant and deodorant market over the forecast period. Deodorant market is not yet mature the penetration rate is about 70% hence has is high growth potential. New launches are an important growth driver for the brand. Toxicity of chemicals limits the market as well as poses a challenge to market growth. Demand for organic and natural deodorant products are trending in the market.

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Aerosol sprays are expected to dominate global deodorant and antiperspirant market as it allows quantity to be dispensed optimally also is easy and simple to handle. Consumers tend to buy deodorants on special offers such as roll-ons or sprays. Roll-ons to be the most effective. Deodorant sticks recorded a less dynamic performance, as these products, despite their efficiency, often leave white marks on clothes. However, its classic ranges remain top sellers.

Alcohol segment is foreseen to gain a significant share over the forecast period. Consumers demand for deodorants and antiperspirants that have a pleasant fragrance, are long-lasting, and have active antibacterial properties will fuel the market growth.

Rising health awareness and aspiration to stay and look fit to increase outdoor and sports activities thereby to boost the antiperspirant and deodorant market in the Asia Pacific region. Another factor that is anticipated to drive this region’s antiperspirant and deodorant market. The Chinese market is doing well with growth rate of 10%.

The report covers the total market for antiperspirant and deodorant and the impact of the different market factors, such as drivers, restraints, and opportunities, challenges key issues SWOT analysis, and technology forecasting is also illustrated in the report. This gives an idea about the key drivers, such as high growth and demand in emerging economies countries. Moreover, the report also covers import/export data across all major regions.

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Hindustan Lever, Avon, Beiersdorf, Colgate-Palmolive, Henkel and P&G are leading players of the antiperspirant and deodorant market. Unilever remained the dominant manufacturer, with a value share of more than 61%.

Scope of the Global Antiperspirant and Deodorant Market

Global Antiperspirant and Deodorant Market by Function:

Aerosol Spray
Cream
Roll-On
Gel

Global Antiperspirant and Deodorant Market by Ingredient:
Alcohol
Antimicrobials
Conditioner & Moisturizer
Fragrances
Paraben & Propellants
Others

Global Antiperspirant and Deodorant Market, By Region:

North America
Europe
Asia-Pacific
South America
Middle East & Africa

Key Players analyzed in the Report:

Avon
Beiersdorf
Colgate-Palmolive
Henkel
P&G
Unilever
Adidas
CavinKare
Chanel
Christian Dior
Church & Dwight
Estee Lauder
Godrej Consumer Products
Hypermarcas
Kao
Lion
L’Oreal
McNroe
Playboy
Raymond
Revlon
Shekofa Kish
Shiseido
Tom’s of Maine
TTK Healthcare
Verdan Sarl
Vini Group
Yardley of London