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Mango Butter Market

Global Mango Butter Market is expected to foresee significant growth. APAC to lead the growth!

Mango butter, or a topical cream made with the oil from mango seeds, is becoming a popular skin supplement. Beauty bloggers say it can soften skin, protect against sun damage, clear up stretch marks, and more. Moreover, overall conscience towards healthier lifestyles and expansion of the market along with the going green concept has tremendously propelled the demand for products made up of mango butter around the globe.  Also, a rise in the number of females coupled with the growing demand for organic beauty products is contributing to the growing demand for the mango butter market. As per United Nations, the total female population globally was 3,864,825 in 2020 and it is further projected to reach 6,204,207 in 2070.

The Mango Butter Market is expected to grow at a steady rate of around 12% owing to the growing demand for organic cosmetics. The rapidly growing cosmetic industry is significantly contributing to strengthening the global economy. Plant-based ingredients such as exotic lipids/fats obtained from de-shelled pressed fruit kernels of shea, mango, and kokum tree are gaining traction in the cosmetic as well as pharmaceutical industries. This is attributable to the fact that they exhibit multiple properties that make them suitable for skin care. For instance, these natural lipids possess high oxidative resistance and are biocompatible, having no deleterious effects on the skin.

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Based on type, the market is segmented into refined and unrefined. The refined segment grabbed the major market share and dominated the market in 2020. Cosmetic formulators prefer refined mango butter, as it is odorless and, therefore, can be used in any formulations. It is frequently used in the skin care industry since it is believed to reduce the visibility of lines and wrinkles and help soften and lighten the skin, making it the perfect treatment for dry, damaged skin. As a result, the numerous advantages of refined mango butter significantly aid in expanding the global market.

On the basis of application, the market is categorized into food, cosmetics, and pharmaceuticals. Among these, the cosmetics segment grabbed the major market share and dominated the market in 2020. Mango butter is used in cosmetic formulations as a substitute for shea butter and cocoa butter. It is often used in anti-aging products and can be used in sun care products. Cosmetic formulators usually prefer refined mango butter, as it is odorless and can be used in any formulation. Furthermore, consumers are actively seeking natural and organic cosmetic products. Hence, an increase in the application of mango butter in the cosmetic industry is a major driving force in the global market.

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For a better understanding of the market adoption of the Mango Butter industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. Europe region grabbed the major market share and dominated the market in 2020. Rise in disposable income, the emerging e-commerce sector in the countries such as the U.K, France, and Germany is contributing to the growing market of mango butter.

Some of the major players operating in the market include Alzo International Incorporated, All Organic Treasures GMBH (AOT), Manorama Industries Limited, AVI Naturals, Jarchem Industries, Inc., Ekologie Forte Private Limited, Hallstar Company, Madina Industrial Corp, Natural Sourcing, LLC, Henry Lamotte Food GMBH

Global Mango Butter Market Segmentation

Market Insight, by Type

  • Refined
    • Unrefined

Market Insight, by Application

  • Food
    • Cosmetics
    • Pharmaceuticals

Market Insight, by Region

  • North America
    • The United States
    •  Canada
    •  Rest of North America
  • Europe
  • Germany
  • The United Kingdom
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • Rest of the World

Top Company Profiles

  • Alzo International Incorporated
  • All Organic Treasures GMBH (AOT)
  • Manorama Industries Limited
  • AVI Naturals
  • Jarchem Industries, Inc.
  • Ekologie Forte Private Limited
  • Hallstar Company
  • Madina Industrial Corp
  • Natural Sourcing, LLC
  • Henry Lamotte Food GMBH

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