Global Mango Butter Market is valued at approximately USD 100.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13.0% over the forecast period 2020-2027. Mango butter is organic sweet mild butter extracted from kernels of mango fruit. The butter is soft and soothing to skin with high oxidative ability and wound healing. It’s a body butter which is quite similar to cocoa and shea butter being light and moisturizing without being greasy. Factors such as increased consciousness among people towards their skin problems such as dry skin, itchy skin, sunburn, rashes and others is driving the adoption form mango butter in personal care industry.
Therefore, this factor may strengthen the adoption for Mango Butter market across the globe. Moreover, the rise in cosmetics industry due to increase in population demanding for anti-ageing products, along with the growing application in food industry around the world are the few factors responsible for the growth of the market during the forecast period. And this reason is inducing global companies to produce various products to meet the above needs. For instance, in January 2018, the organic retailer Mountain Rose Herbs launched new natural cosmetic ingredients including mango butter which helps to provide better skin treatment. However, as mango butter is new product, and its high cost is one of the factors that restraining the market growth over the forecast period of 2020-2027.
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The regional analysis of the global Asphalt Plant market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising prevalence of skin diseases and growing consumer preferring to healthy lifestyle among individuals. Whereas Asia-pacific is expected to be the fastest-growing region during the forecast period of 2020-2027, owing to increase in awareness among people about health and increasing geriatric population in developing nations, such as China and India.
Major market player included in this report are:
Alzo International Incorporated
Avi Natural
Manorama Group
EKOLOGIE FORTE PVT. LTD
Hallstar BIOCHEMICA
Health & Beauty Natural Oils
Henry Lamotte OILS GmbH
Jarchem Industries Inc.
Madina Industrial Corp.
Natural Sourcing, LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Refined
Unrefined
By Application:
Cosmetics
Food
Pharmaceutical
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Asphalt Plant Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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