The Cupuacu butter market share is expected to reach a total of USD 81.4 million by 2034 due to its growing use in the cosmetic and food sectors

Evolving consumer preferences and the herbal benefits of the Cupuacu plant are driving market growth. The demand for natural, plant-based, and sustainable ingredients in cosmetics and personal care products is driving the use of Cupuacu butter. The unique flavor and aroma of Cupuacu butter contribute to its use in confectionery, bakery, and beverages.

NEWARK, Delaware, July 1, 2024 (GLOBE NEWSWIRE) — The cupuaçu butter market is estimated to be worth $44.7 million in 2024. By 2034, the demand for cupuacu butter is expected to grow at a CAGR of 6.2%. It is expected that by 2034 the market value will reach $81.4 million.

Confectionery and sweets manufacturers are looking to differentiate themselves. Therefore, an ingredient that helps a product cross the line and gain consumer approval is valued. One such ingredient that is gaining popularity in the food sector is cupuacu butter.

Butter is becoming a key ingredient in some ice creams and sweets, providing consumers with a different taste. Chocolates made with these ingredients, known as “cuplate”, are also popular.

Cupcuacu butter actually surpasses conventional ingredients in terms of its properties. For example, it has a water absorption capacity that is much higher than that of lanolin. That is why it is used as a replacement for lanolin and shea butter in cosmetics, which leads to a high demand for the product.

The use of cupuacu butter in the cosmetics industry is extensive. Hair products use this ingredient to repair, among other things, frizzy and dry hair. The ingredient is also gaining popularity for its use in moisturizing skin lotions and lip balms.

Order your sample report now: https://www.futuremarketinsights.com/reports/sample/rep-gb-19664

Highlights from the Cupuacu Butter Market

• The cupuacu butter market is estimated to reach USD 44.7 million in 2024.

• The refined cupuacu butter segment accounted for 47% of the market share in 2023.

• South Korea is forecast to see a CAGR of 8.3%.

• China and Japan are poised to record compound annual growth rates (CAGR) of 6.9% and 7.9%, respectively.

• The UK industry is expected to experience a compound annual growth rate (CAGR) of 7.4% by 2034.

“The beauty industry is all about organic ingredients. Consumers are looking for products that are gentle on skin and hair. As a result, the side effects of chemical ingredients are frowned upon. In this scenario, the conditions are ideal for a plant-based ingredient like cupuacu butter to thrive.” says Nandini Roy ChoudhuryClient Partner at Future Market Insights

Who is winning?

Cosmetic giants are intrigued by the potential of this ingredient. The emerging market is seeing more and more cosmetic companies experimenting with cupuacu butter. Some of the leading names in the market include The Body Shop International Limited, Lush Ltd., Aromaaz International, Natura & Co. Holding and SA Croda International Plc.

The story continues

Leading players use a variety of organic and inorganic strategies to increase sales and outperform competitors. These include new product launches, partnerships, collaborations, mergers, and facility expansions.

The latest developments in the cupuacu butter market

• In April 2024, Sol De Janeiro launched a cupuaçu butter-based SPF50 body lotion, part of the Rio Radiance sunscreen collection.

Maximize your growth potential. Download the report now: https://www.futuremarketinsights.com/checkout/19664

Leading brands on the Cupuacu butter market

Want more details?

Future Market Insights (FMI) in its new offer offers an objective analysis of the global cupuacu butter market, presenting historical demand data (2019-2023) and forecasted statistics for the period from 2024 to 2034.

The study provides interesting insights based on quality assessment (refined, unrefined and highly refined), function (moisturizer, emollient and flavor enhancer) and end use (cosmetic and personal care industry, food industry, confectionery industry and others) in different regions.

Report preview: https://www.futuremarketinsights.com/reports/market-butter-cupuacu

Key segments of the market report

By class:

In terms of quality, the cupuacu butter market is divided into refined, unrefined and highly refined.

By function:

Based on function, the industry is divided into moisturizers, emollients and flavor enhancers.

By end use:

Based on end use, the sector is divided into the cosmetics and care industry, the food industry, the confectionery industry and others.

By region:

The analysis was conducted in major countries in North America, Latin America, Europe, South Asia, East Asia, Oceania, as well as the Middle East and Africa.

Author:

Nandini Roy Choudhury (Client Partner Food & Beverage at Future Market Insights, Inc.) has over 7 years of experience in management consulting. She advises industry leaders and explores non-obvious opportunities and challenges. She implements processes and operating models to support business objectives.

He has exceptional analytical skills and often brings his ideas and leadership to discussions.

Nandini has vast functional experience in key niches including but not limited to Food Ingredients, Nutrition & Health Solutions, Animal Nutrition and Marine Nutritional Ingredients. She is also well versed in the Pharmaceutical, Biotechnology, Retail and Chemical sectors where she advises market participants on developing methodologies and strategies that deliver results.

Her core competencies include corporate development strategy, sales and marketing effectiveness, acquisition and post-merger integration, and cost reduction. Nandini holds an MBA in Finance from MIT School of Business. She also holds a BS in Electrical Engineering from Nagpur University, India.

Nandini is a widely published author and has been quoted in journals such as Beverage Industry, Bloomberg and Wine Industry Advisor.

Browse current FMI publications in the food and beverage space:

Pet food ingredient trends are expected to reach US$42.2 billion in 2023. They are projected to reach US$68.3 billion by 2033. The compound annual growth rate (CAGR) is expected to be 4.9% from 2023 to 2033.

The global shea butter market is valued at USD 2.75 billion in 2023 and is forecast to have a steady growth trajectory. It is expected to grow at a CAGR of 7% from 2023 to 2033, reaching USD 5.58 billion by 2033.

The vegan butter market is estimated to exceed USD 2,870 million in 2023. The market is projected to register a compound annual growth rate (CAGR) of 5% between 2023 and 2033, exceeding USD 4,784.7 million by 2033.

The global butter flavors market is expected to grow significantly between 2023 and 2033. Future Market Insights projects that the market will exceed USD 288 million in 2023 and reach USD 569.4 million by 2033, with a compound annual growth rate (CAGR) of 7% during the period.

The butter market is estimated to be worth USD 46.8 billion in 2023, rising to USD 67.6 billion by 2033. Butter sales are expected to register a CAGR of 3.8% over the forecast period.

The global butter powder market is expected to grow significantly to reach US$2.4 billion by 2033 from US$2.4 billion in 2023, driven by growing demand from industries such as bakery, confectionery, snacks, supplements,

The peanut butter market is expected to reach a valuation of USD 8040.9 million by 2034. In 2024, the demand for peanut butter is estimated at USD 5470 million. The market is expected to grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2034.

Global kokum butter demand is estimated to reach USD 692.6 million in 2023, with a projected CAGR of 6.3% reaching USD 1,236.2 million during 2023-2033.

The global peanut butter market is projected to reach a market valuation of USD 1.20 billion in 2023. It is expected to grow significantly over the next decade, reaching a market value of USD 2.76 billion by the end of 2033, at a solid CAGR of 8.7% during 2023-2033

The global almond butter market is expected to reach a market value of USD 669.0 million by the end of 2023, growing at a CAGR of 6.0% during 2023-2033 to reach approximately USD 1,245 million by 2033.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner and member of the Greater New York Chamber of Commerce) offers in-depth insights into the factors driving market demand. FMI is a leading global provider of market intelligence, advisory services, consulting and events for the packaging, food and beverage, consumer technology, healthcare, industrial and chemical markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional and local expertise on various industry disciplines and trends in over 110 countries.

Contact FMI:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Apartment 401, Newark, Delaware – 19713, USA
Phone: +1-845-579-5705
For commercial inquiries: [email protected]
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube