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The global mango butter market was valued at US$ 91.4 Million in 2021.
We expect the global mango butter market to exhibit a CAGR of 6.50% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of mango butter.
The increasing consumer consciousness towards physical appearance, along with the growing inclination towards organic personal care products, such as mango butter for attaining healthy and youthful skin, is primarily driving the global mango butter market.
Based on the type, the global mango butter market can be segmented into refined and unrefined. Currently, refined holds the majority of the total market share.
Based on the format, the global mango butter market has been divided into powder and cream, where cream currently exhibits a clear dominance in the market.
Based on the application, the global mango butter market can be categorized into cosmetics, food, and pharmaceutical. Among these, the cosmetics industry accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global mango butter market include 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, and WALA Heilmittel GmbH (Wala Stiftung).
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