IMARC Group, a leading market research company, has recently releases report titled “Mango Butter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global mango butter market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the mango butter market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 98.1 Million |
| Market Forecast in 2028 | US$ 144.3 Million |
| Growth rate (2023 to 2028) | CAGR of 6.21% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is mango butter?
Mango butter is generally processed from the oil that is extracted from the kernel or seed of the mango. It is an organic butter that is characterized by a creamy texture and a sweet and mild aroma. Widely consumed for improving skin texture, it is a good source of antioxidants, mangiferin, oleic acid, triglycerides, and vitamin C. Apart from this, it is extensively utilized as a key component in rash treatment, sunburn healing, treating eczema and dermatitis, and blemishes and wrinkles.
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What are the growth prospects and trends in the mango butter industry?
The global market is primarily driven by the increasing preference for maintaining an aesthetic appearance among individuals. Moreover, the rising prevalence of dermatological conditions, along with the inflating disposable income levels of the masses, are providing a boost to the market growth. Additionally, the shifting preference for organic skincare products among the masses is also creating a positive outlook for the market. Other factors, including the easy product availability via online and offline organized retail channels and extensive research and development (R&D) activities conducted by key players, are further projected to contribute to the market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Refined
- Unrefined
Breakup by Format:
- Powder
- Cream
Breakup by Application:
- Cosmetics
- Food
- Pharmaceutical
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- 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
- WALA Heilmittel GmbH (Wala Stiftung).
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