The global mango butter market reached a value of US$ 91.4 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 135.6 Million by 2027 exhibiting a CAGR of 6.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic.
Mango butter is a natural fat extracted from the kernel or seeds of the Mango fruit. It has a creamy texture, semi-solid form, and excellent moisturizing and emollient properties that nourish and keep the skin healthy. As it is a good source of triglycerides, antioxidants, tocopherol, oleic acid, and vitamin C, it is considered effective in soothing irritated skin and preventing inflammation and itching. As a result, it is widely utilized in treating mild symptoms of eczema, psoriasis, fungal infections, and other dry skin conditions. In addition, due to its gentle and refreshing aroma, mango butter is used as a base with essential oils to manufacture perfumes. Mango Butter Market Trends:
The escalating adoption of skincare products on account of the growing consciousness about physical appearance represents one of the key factors influencing the sales for mango butter positively. Apart from this, it helps fight against free radicals and promotes the production of collagen, which is a naturally occurring protein in the skin. Moreover, as collagen production slows down with age, the increasing aging population, along with the growing willingness among individuals to attain healthy and youthful skin, is catalyzing the demand for mango butter across the globe. Furthermore, the increasing prevalence of dermatological conditions due to rising pollution levels and high alcohol consumption is offering a lucrative market outlook. Besides this, market players are introducing organic product variants enriched with zinc, iron, folate, potassium, magnesium, and vitamins A, E, F, and B6. In line with this, shifting consumer preferences towards organic personal care products on account of the rising concerns about the harmful effects of inorganic chemicals on the skin are anticipated to contribute to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global mango butter market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, format and application.
Breakup by Type:
Breakup by Format:
Breakup by Application:
Breakup by Region: North America
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being All Organic Treasures GmbH, Alzo International Inc., AOS Products Pvt. Ltd., Croda International Plc, Ekologie Forte Pvt.Ltd., Gustav Heess Oleochemical Products GmbH, Hallstar, Jarchem Industries Inc., Manorama Industries Limited, Natural Sourcing LLC, Natures Natural India and WALA Heilmittel GmbH (Wala Stiftung). Key Questions Answered in This Report:
How has the global mango butter market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global mango butter market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the format?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global mango butter market and who are the key players?
What is the degree of competition in the industry?