The astrocaryum murumuru seed butter is extracted from Astrocaryum murumuru, which is a palm native, and it bears edible fruits. Astrocaryum murumuru seed butter contains vitamins and has myristic, oleic, and lauric acids. Astrocaryum murumuru is odourless, tasteless, and does not becomes rancid quickly.
Moreover, it offers greater consistency when compared to coconut palm fats. These qualities of Astrocaryum murumuru seed butter allows it to mix with low melting point vegetable kinds of butter. It will enable the Astrocaryum murumuru seed butter to be used in cocoa butter for chocolates as a substitute.
As Astrocaryum murumuru offers nourishing properties to make skin and hair healthier, it is primarily used in cosmetic industries. The waxy consistency of Astrocaryum murumuru seed butter has a versatile texture and leaves to a greasy residue.
Astrocaryum murumuru seed butter has anti-inflammatory properties that not only calms and soothes the skin but also locks in the moisture of the skin. Thus, it is used as a massage gel also. The anti-aging properties of Astrocaryum murumuru seed butter improve skin damage and elasticity.
Moreover, Astrocaryum murumuru seed butter has anti-viral, anti-bacterial, and antiseptic properties that help in protecting and healing skin conditions such as psoriasis and eczema.
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Astrocaryum Murumuru Seed Butter Market: Market Dynamics
The changing lifestyle and increasing pollution and environmental changes have led to many health concerns, especially skin issues. The natural oil or moisture from the skin and hair is lost due to pollution. To protect the skin and hair damage, people are turning towards the products that restore and repairs the skin and hair damage.
Astrocaryum murumuru seed butter is one such product that plays a crucial role for skin and hair care products. The rapidly growing cosmetics and personal care and the trend of multi-feature products have increased the scope of use of Astrocaryum murumuru seed butter market.
Manufacturers of Astrocaryum murumuru seed butter have many new opportunities. Market players of cosmetic industry are collaborating with Astrocaryum murumuru seed butter providers to have an uninterrupted supply of Astrocaryum murumuru seed butter as a raw ingredient for their products.
High demand for skincare and hair care products by consumers all over the world has increased the growth rate of Astrocaryum murumuru seed butter market. Many a manufacturer of the cosmetic industry are now mergers or acquiring the small scale suppliers of Astrocaryum murumuru seed butter to reduce the overall cost of the products.
Astrocaryum Murumuru Seed Butter Market: Regional Outlook
Astrocaryum murumuru seed butter has a prominent market share in Latin America in its native Amazon forest. The growing cosmetics industry is a significant reason for the growth of Astrocaryum murumuru seed butter market. Several market players are present in East Asia, which holds a significant Astrocaryum murumuru seed butter market share.
These market players are expected to expand the Astrocaryum murumuru seed butter market through new formulations of products and its launches. North America also has a growing Astrocaryum murumuru seed butter market with increased market players in the extraction of murumuru seed butter.
The increased demand for skin care products in the Middle East and Africa (MEA) has been driving the Astrocaryum murumuru seed butter market. The market for Astrocaryum murumuru seed butter in Oceania and South Asia is anticipated to be most emerging, owing to increased demand for products with moisturizing properties.
The increased disposable income of the population in South Asia has a strong positive effect on sales of Astrocaryum murumuru seed butter products and its market. Also, The European market is forecasted to have increased imports of Astrocaryum murumuru seed butter, contributing to further growth of the market.
Astrocaryum Murumuru Seed Butter Market: Key Players
Some of the major players in the Astrocaryum murumuru seed butter market Hallstar, Parchem fine & specialty chemicals, Amanaci Rohstoffe UG & Co. KG, Jedwards International, Inc., Vigon International, Inc., Natural Sourcing, LLC., Caribbean Natural Products Inc., Cosmetic Butters, Jarchem Industries Inc., Crafter’s Choice Brands, LLC., Paris Fragrances USA, 18C, AROMA ZONE, and among others. These key market players are estimated to enhance Astrocaryum murumuru seed butter market growth with innovative product formulations and its launch.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
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The report covers exhaustive analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- Malaysia
- Thailand
- Vietnam
- Philippines
- Indonesia
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.
Astrocaryum Murumuru Seed Butter Market: Market Segmentation
The Astrocaryum murumuru seed butter market is segmented into application, form, end use, sales channel, and geography.
Based on application, the Astrocaryum murumuru seed butter market is segmented into:
- Skin care products
- Eye make-up
- Lipsticks
- Hair care products
- Other products
Based on form, the Astrocaryum murumuru seed butter market is segmented into:
- Powder
- Oil
Based on end use, the Astrocaryum murumuru seed butter market is segmented into:
- Cosmetics
- Pharmaceuticals
- Other end use
Based on sales channel, the Astrocaryum murumuru seed butter market is segmented into:
- Direct
- Indirect
- E-commerce
- Independent Stores
- Hypermarket/Supermarket
- Specialty Stores
- Others
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