According to the latest report by IMARC Group, titled Mango Butter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global mango butter market reached a value of US$ 91.4 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 135.6 Million by 2027 exhibiting a CAGR of 6.50% during 2022-2027.

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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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:                                                                             

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.

Breakup by Type:

  • Refined
  • Unrefined

Breakup by Format:

  • Powder
  • Cream

Breakup by Application:

  • Cosmetics
  • Food
  • Pharmaceutical

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • 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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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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