Shea Butter Market Size to Reach USD 3.75 Billion by 2030, Supported by Natural Personal Care Demand and Wider Food Approvals

The shea butter market size is valued at USD 2.56 billion in 2025 and is projected to reach USD 3.75 billion by 2030, growing at a CAGR of 7.89%. Growth is driven by rising demand for natural personal-care ingredients, expanded food-use approvals, and investments that enhance supply quality. Premium cosmetic brands favor unrefined shea butter, while food and industrial users increasingly adopt fractionated variants for consistent melting profiles and pricing stability. Regulatory support, including the FDA’s 2024 clearance for shea olein, is accelerating food adoption as a palm-oil alternative. Strong import demand from Europe, led by sourcing from Ghana and Burkina Faso, further supports market expansion.

Key Trends in the Shea Butter Market 

• Growing use of shea butter in natural and organic personal care products
• Rising adoption as a cocoa butter alternative in confectionery and bakery products
• Increased demand for fractionated shea butter with specific melting properties 
• Expansion of food-grade approvals supporting clean-label formulations 
• Higher focus on traceability, certifications, and quality control in supply chains 

Shea Butter Market Segmentation

By Type

• Raw/Unrefined
• Refined
• Fractionated

By Application

• Personal-Care & Cosmetics
• Food & Beverage
• Pharmaceuticals & Nutraceuticals
• Industrial

By Geography

• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

Shea Butter Market Key Players 

• AAK AB
• Bunge Limited
• Cargill Inc.
• Fuji Oil Holdings
• Olvea Group

Dominating Country  

Ghana plays a central role in the global shea butter market due to its large shea nut production base and established export infrastructure. The country supplies a significant share of raw shea kernels and processed butter to Europe and North America. Investments in processing facilities, women-led cooperatives, and quality testing centers have improved consistency and export readiness. Ghana’s long-standing trade links with European cosmetic manufacturers strengthen its market position, while partnerships with multinational processors continue to enhance supply reliability and income stability for local communities. 

Conclusion 

The shea butter market is positioned for steady growth through 2030, supported by its wide acceptance across personal care, food, and health-related applications. Rising consumer preference for natural and clean-label ingredients continues to strengthen demand, especially in skincare and cosmetics, while expanding food-use approvals are opening new opportunities in bakery, confectionery, and spreads. Europe remains a key consumption hub, backed by strong imports and strict quality standards, while West African countries such as Ghana play a vital role in supply.   

Explore related reports from Mordor Intelligence 

Cosmetic Shea Butter Market - https://www.mordorintelligence.com/industry-reports/cosmetic-shea-butter-market?utm_source=Industrytoday  

Palm Oil Market - https://www.mordorintelligence.com/industry-reports/palm-oil-market?utm_source=Industrytoday  

Fats and Oils Market - https://www.mordorintelligence.com/industry-reports/fats-and-oils-market?utm_source=Industrytoday 

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