Overview of the global mango seed oil and butter market
The growing demand for natural and healthy ingredients is influencing the incorporation of mango seed oil and butter in the cosmetic industry. As the natural ingredients don’t negatively impact the skin or hair, consumer preference for natural ingredients is steadily increasing. Technavio’s market study identifies the healthy cosmetic ingredient to be one of the primary growth factors for the mango seed oil and butter market. Cosmetic oils such as avocado oil and mango oil are gaining popularity due to natural and beneficial effects on the skin and hair. Key brands in the raw mango shea butter market are launching new products to cater to the healthy demands of the consumers. For instance, The Body Shop offers wide product portfolio made using mango seeds oil and butter. Our market analysts estimate that the market will grow steadily at a CAGR of more than 8% by 2021.
Mixed oils provide the mixed characteristics of two oils that complement with each other and enhance the value of blended oil. Mango seed oil is usually blended with other essential oils such as banana oil, almond oil, strawberry oil, and pineapple oil to enhance its value. To maintain the accurate characteristic value of hybrid oil, advantageous properties of oil such as color, viscosity, fatty acid composition, aroma, and few other parameters are blended optimally in proportion. Natural blends are used in wide range of applications in the raw mango shea butter market such as aromatherapy, food and nutrition, skin care, hair care, and more. The development of blends of various essential oils is one of the key factors having a positive impact on the mango seed oil and butter market.
Competitive landscape and key vendors
The mango seed oil and butter market is fragmented due to the presence of several established international and regional players. Seed oil and butter manufacturers compete intensely based on factors such as price, quality, innovation, packaging, reputation, marketing channels, and distribution. Vendors performance is impacted by intense competition among players and rapid technological changes. To attain competitive advantage in the raw mango shea butter market, the players offer innovative and differentiate product portfolio.
The leading vendors in the market are
- Bramble Berry
- Camden-Grey Essential Oils
- Dr. Adorable
- Essential Depot
- From Nature with Love
- Inesscents Aromatic Botanicals
- Manorama Group
- MOUNTAIN ROSE HERBS
- Natures Garden
Segmentation by product and analysis of the mango seed oil and butter market
- Cold-pressed mango seed oil and butter
- Expeller pressed mango seed oil and butter
The cold-pressed mango seed oil and butter product accounts for major share in the raw mango shea butter market due to the numerous advantages offered such as cholesterol-free and less amount of trans-fatty acids. These cold-pressed oils are beneficial for cooking and skin care requirements. The process of extraction under a controlled temperature retains the characteristic properties of the oil such as aroma, flavor, nutritive value, and others.
Segmentation by end-user and analysis of the mango seed oil and butter market
- Industrial users
- Foodservice
The foodservice sectors are the primary end-users of the raw mango shea butter market due to the extensive use of mango oil by the cosmetic industry. Due to the abundant skin and hair benefits, several cosmetic manufacturers are integrating mango oil in shampoo, soaps, beautifying oil, lipsticks, face washes, lotions, and many other products.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global mango seed oil and butter market?
- What are the key market trends impacting the growth of the global mango seed oil and butter market?
- What are the challenges to market growth?
- Who are the key vendors in the global mango seed oil and butter market?
- What are the market opportunities and threats faced by the vendors in the global mango seed oil and butter market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global mango seed oil and butter market?
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