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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.
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
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.
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.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: CUSTOMER LANDSCAPE
PART 10: MARKET SEGMENTATION BY END-USER
PART 11: REGIONAL LANDSCAPE
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
PART 15: VENDOR LANDSCAPE
PART 16: VENDOR ANALYSIS
PART 17: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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