Shea Butter Market Growth Forecast Steady Expansion to USD 5.58 Billion by 2033

As of 2023, the global shea butter market has achieved a substantial valuation of USD 2.75 billion, underscoring its strong growth trajectory. Projections indicate that the market will continue to expand steadily, with an anticipated compound annual growth rate CAGR of 7% from 2023 to 2033, ultimately reaching a noteworthy value of USD 5.58 billion …

Shea Butter Market 2022 Size, Share, Technological Innovations and Growth Forecast To 2032

The global shea butter market is set to witness growth at a CAGR of 7.7% and top a valuation of US$ 5.5 Bn by 2032, finds Future Market Insights (FMI). Increasing consumption and binge eating of chocolates and confectionery products is encouraging manufacturers to develop alternative solution such as shea butter as an ingredient, which are nutritional for human health. It …