

The global Shea Butter market size was US$ 1129 million in 2024 and is forecast to a readjusted size of US$ 2113 million by 2031 with a CAGR of 9.5% during the forecast period 2025-2031.
This report studies the Shea Butter market, from angles of players, regions, product types and end industries, to analyze the status and the future. Shea butter is an edible vegetable oil or fat, extracted from sun-dried kernels of the African shea tree. Shea butter is extensively used in cosmetics, health products and in the confectionery and chocolate industry (as an ingredient in cocoa butter alternatives). Shea butter and its fractions can also replace other edible vegetable oils or fats in other food applications. Shea butter is used for body, hand and facial products because of its unsaponifiables content. Shea butter contains ester resins recommended for damaged skin repair, cleansing and the sun"s protection.
Global Shea Butter key players include IOI Loders Croklaan, Wilmar Africa Ltd/ Ghana Specialty Fats, Ghana Nuts Ltd, Shebu Industries, Timiniya Tuma Company Ltd, etc. Global top five manufacturers hold a share about 15%. Europe and Middle East and Africa is the largest market, both with a share about 30%, followed by North America, with a share about 20 percent. In terms of product, Refined Shea Butter is the largest segment, with a share about 65%. And in terms of application, the largest application is Food Industry, followed by Cosmetics Industry, Medicine Industry, etc.
The global Shea Butter market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Âé¶¹Ô´´ Segmentation
By Company:
IOI Loders Croklaan
Wilmar Africa/ Ghana Specialty Fats
Ghana Nuts
Shebu Industries
Timiniya Tuma
The Pure
The Savannah Fruits
VINK CHEMICALS GMBH & CO. KG
Akoma Cooperative
StarShea
International Oils & Fats
By Type: (Dominant Segment vs High-Margin Innovation)
Raw and Unrefined Shea Butter
Refined Shea Butter
By Application: (Core Demand Driver vs Emerging Opportunity)
Cosmetics Industry
Medicine Industry
Food Industry
By Region
Macro-Regional Analysis: Âé¶¹Ô´´ Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Âé¶¹Ô´´ Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., IOI Loders Croklaan in Europe)
- Emerging Product Trends: Raw and Unrefined Shea Butter adoption vs. Refined Shea Butter premiumization
- Demand-Side Dynamics: Cosmetics Industry growth in China vs. Medicine Industry potential in Africa
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Âé¶¹Ô´´s:
Africa
Europe
Southeast Asia
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Shea Butter market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Refined Shea Butter in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Medicine Industry in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Âé¶¹Ô´´ dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Shea Butter value chain, addressing:
- Âé¶¹Ô´´ entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Âé¶¹Ô´´ Overview
1.1 Shea Butter Product Scope
1.2 Shea Butter by Type
1.2.1 Global Shea Butter Sales by Type (2020 & 2024 & 2031)
1.2.2 Raw and Unrefined Shea Butter
1.2.3 Refined Shea Butter
1.3 Shea Butter by Application
1.3.1 Global Shea Butter Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Cosmetics Industry
1.3.3 Medicine Industry
1.3.4 Food Industry
1.4 Global Shea Butter Âé¶¹Ô´´ Estimates and Forecasts (2020-2031)
1.4.1 Global Shea Butter Âé¶¹Ô´´ Size in Value Growth Rate (2020-2031)
1.4.2 Global Shea Butter Âé¶¹Ô´´ Size in Volume Growth Rate (2020-2031)
1.4.3 Global Shea Butter Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Âé¶¹Ô´´ Size and Prospective by Region
2.1 Global Shea Butter Âé¶¹Ô´´ Size by Region: 2020 VS 2024 VS 2031
2.2 Global Shea Butter Retrospective Âé¶¹Ô´´ Scenario by Region (2020-2025)
2.2.1 Global Shea Butter Sales Âé¶¹Ô´´ Share by Region (2020-2025)
2.2.2 Global Shea Butter Revenue Âé¶¹Ô´´ Share by Region (2020-2025)
2.3 Global Shea Butter Âé¶¹Ô´´ Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Shea Butter Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Shea Butter Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Âé¶¹Ô´´ Analysis
2.4.1 Africa Shea Butter Âé¶¹Ô´´ Size and Prospective (2020-2031)
2.4.2 Europe Shea Butter Âé¶¹Ô´´ Size and Prospective (2020-2031)
2.4.3 Southeast Asia Shea Butter Âé¶¹Ô´´ Size and Prospective (2020-2031)
3 Global Âé¶¹Ô´´ Size by Type
3.1 Global Shea Butter Historic Âé¶¹Ô´´ Review by Type (2020-2025)
3.1.1 Global Shea Butter Sales by Type (2020-2025)
3.1.2 Global Shea Butter Revenue by Type (2020-2025)
3.1.3 Global Shea Butter Price by Type (2020-2025)
3.2 Global Shea Butter Âé¶¹Ô´´ Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Shea Butter Sales Forecast by Type (2026-2031)
3.2.2 Global Shea Butter Revenue Forecast by Type (2026-2031)
3.2.3 Global Shea Butter Price Forecast by Type (2026-2031)
3.3 Different Types Shea Butter Representative Players
4 Global Âé¶¹Ô´´ Size by Application
4.1 Global Shea Butter Historic Âé¶¹Ô´´ Review by Application (2020-2025)
4.1.1 Global Shea Butter Sales by Application (2020-2025)
4.1.2 Global Shea Butter Revenue by Application (2020-2025)
4.1.3 Global Shea Butter Price by Application (2020-2025)
4.2 Global Shea Butter Âé¶¹Ô´´ Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Shea Butter Sales Forecast by Application (2026-2031)
4.2.2 Global Shea Butter Revenue Forecast by Application (2026-2031)
4.2.3 Global Shea Butter Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Shea Butter Application
5 Competition Landscape by Players
5.1 Global Shea Butter Sales by Players (2020-2025)
5.2 Global Top Shea Butter Players by Revenue (2020-2025)
5.3 Global Shea Butter Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Shea Butter as of 2024)
5.4 Global Shea Butter Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Shea Butter, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Shea Butter, Product Type & Application
5.7 Global Key Manufacturers of Shea Butter, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 Africa Âé¶¹Ô´´: Players, Segments, Downstream and Major Customers
6.1.1 Africa Shea Butter Sales by Company
6.1.1.1 Africa Shea Butter Sales by Company (2020-2025)
6.1.1.2 Africa Shea Butter Revenue by Company (2020-2025)
6.1.2 Africa Shea Butter Sales Breakdown by Type (2020-2025)
6.1.3 Africa Shea Butter Sales Breakdown by Application (2020-2025)
6.1.4 Africa Shea Butter Major Customer
6.1.5 Africa Âé¶¹Ô´´ Trend and Opportunities
6.2 Europe Âé¶¹Ô´´: Players, Segments, Downstream and Major Customers
6.2.1 Europe Shea Butter Sales by Company
6.2.1.1 Europe Shea Butter Sales by Company (2020-2025)
6.2.1.2 Europe Shea Butter Revenue by Company (2020-2025)
6.2.2 Europe Shea Butter Sales Breakdown by Type (2020-2025)
6.2.3 Europe Shea Butter Sales Breakdown by Application (2020-2025)
6.2.4 Europe Shea Butter Major Customer
6.2.5 Europe Âé¶¹Ô´´ Trend and Opportunities
6.3 Southeast Asia Âé¶¹Ô´´: Players, Segments, Downstream and Major Customers
6.3.1 Southeast Asia Shea Butter Sales by Company
6.3.1.1 Southeast Asia Shea Butter Sales by Company (2020-2025)
6.3.1.2 Southeast Asia Shea Butter Revenue by Company (2020-2025)
6.3.2 Southeast Asia Shea Butter Sales Breakdown by Type (2020-2025)
6.3.3 Southeast Asia Shea Butter Sales Breakdown by Application (2020-2025)
6.3.4 Southeast Asia Shea Butter Major Customer
6.3.5 Southeast Asia Âé¶¹Ô´´ Trend and Opportunities
7 Company Profiles and Key Figures
7.1 IOI Loders Croklaan
7.1.1 IOI Loders Croklaan Company Information
7.1.2 IOI Loders Croklaan Business Overview
7.1.3 IOI Loders Croklaan Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.1.4 IOI Loders Croklaan Shea Butter Products Offered
7.1.5 IOI Loders Croklaan Recent Development
7.2 Wilmar Africa/ Ghana Specialty Fats
7.2.1 Wilmar Africa/ Ghana Specialty Fats Company Information
7.2.2 Wilmar Africa/ Ghana Specialty Fats Business Overview
7.2.3 Wilmar Africa/ Ghana Specialty Fats Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Wilmar Africa/ Ghana Specialty Fats Shea Butter Products Offered
7.2.5 Wilmar Africa/ Ghana Specialty Fats Recent Development
7.3 Ghana Nuts
7.3.1 Ghana Nuts Company Information
7.3.2 Ghana Nuts Business Overview
7.3.3 Ghana Nuts Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Ghana Nuts Shea Butter Products Offered
7.3.5 Ghana Nuts Recent Development
7.4 Shebu Industries
7.4.1 Shebu Industries Company Information
7.4.2 Shebu Industries Business Overview
7.4.3 Shebu Industries Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Shebu Industries Shea Butter Products Offered
7.4.5 Shebu Industries Recent Development
7.5 Timiniya Tuma
7.5.1 Timiniya Tuma Company Information
7.5.2 Timiniya Tuma Business Overview
7.5.3 Timiniya Tuma Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Timiniya Tuma Shea Butter Products Offered
7.5.5 Timiniya Tuma Recent Development
7.6 The Pure
7.6.1 The Pure Company Information
7.6.2 The Pure Business Overview
7.6.3 The Pure Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.6.4 The Pure Shea Butter Products Offered
7.6.5 The Pure Recent Development
7.7 The Savannah Fruits
7.7.1 The Savannah Fruits Company Information
7.7.2 The Savannah Fruits Business Overview
7.7.3 The Savannah Fruits Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.7.4 The Savannah Fruits Shea Butter Products Offered
7.7.5 The Savannah Fruits Recent Development
7.8 VINK CHEMICALS GMBH & CO. KG
7.8.1 VINK CHEMICALS GMBH & CO. KG Company Information
7.8.2 VINK CHEMICALS GMBH & CO. KG Business Overview
7.8.3 VINK CHEMICALS GMBH & CO. KG Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.8.4 VINK CHEMICALS GMBH & CO. KG Shea Butter Products Offered
7.8.5 VINK CHEMICALS GMBH & CO. KG Recent Development
7.9 Akoma Cooperative
7.9.1 Akoma Cooperative Company Information
7.9.2 Akoma Cooperative Business Overview
7.9.3 Akoma Cooperative Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Akoma Cooperative Shea Butter Products Offered
7.9.5 Akoma Cooperative Recent Development
7.10 StarShea
7.10.1 StarShea Company Information
7.10.2 StarShea Business Overview
7.10.3 StarShea Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.10.4 StarShea Shea Butter Products Offered
7.10.5 StarShea Recent Development
7.11 International Oils & Fats
7.11.1 International Oils & Fats Company Information
7.11.2 International Oils & Fats Business Overview
7.11.3 International Oils & Fats Shea Butter Sales, Revenue and Gross Margin (2020-2025)
7.11.4 International Oils & Fats Shea Butter Products Offered
7.11.5 International Oils & Fats Recent Development
8 Shea Butter Manufacturing Cost Analysis
8.1 Shea Butter Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Shea Butter
8.4 Shea Butter Industrial Chain Analysis
9 Âé¶¹Ô´´ing Channel, Distributors and Customers
9.1 Âé¶¹Ô´´ing Channel
9.2 Shea Butter Distributors List
9.3 Shea Butter Customers
10 Shea Butter Âé¶¹Ô´´ Dynamics
10.1 Shea Butter Industry Trends
10.2 Shea Butter Âé¶¹Ô´´ Drivers
10.3 Shea Butter Âé¶¹Ô´´ Challenges
10.4 Shea Butter Âé¶¹Ô´´ Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Âé¶¹Ô´´ Size Estimation
12.1.1.3 Âé¶¹Ô´´ Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
IOI Loders Croklaan
Wilmar Africa/ Ghana Specialty Fats
Ghana Nuts
Shebu Industries
Timiniya Tuma
The Pure
The Savannah Fruits
VINK CHEMICALS GMBH & CO. KG
Akoma Cooperative
StarShea
International Oils & Fats
Ìý
Ìý
*If Applicable.