Mango Butter Market Size and Share | Industry Analysis 2023-2028
Mango Butter Market Size and Share | Industry Analysis 2023-2028
The global mango butter market size reached US$ 98.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 144.3 Million by 2028, exhibiting a growth rate (CAGR) of 6.21% during 2023-2028.

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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IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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