Shea Butter Market reached USD 1,281 million in 2019 and will expand at 6.9% CAGR during 2020-2027 | Size, Industry Trends & Forecast

The Shea Butter Market was valued around USD 1,281 million in 2019 and is expected to reach USD 2,184 million in 2027, growing at a CAGR of 6.9% over the forecast period (2020-2027).
The factors driving the growth of Shea Butter Market includes rise in the consumption of bakery and confectionary products around the world, increasing application of shea butter in cosmetic products such as salve, lotion, growing preference for shea butter over Palm Oil and improvements in the living standards.

For more info:
https://www.marketwatch.com/press-release/shea-butter-market-reached-usd-1281-million-in-2019-and-will-expand-at-69-cagr-during-2020-2027-size-industry-trends-forecast-2022-09-26
 

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