{"product_id":"global-murumuru-butter-market-size-study-forecast-by-nature-conventional-organic-by-end-use-hair-care-skincare-lip-care-by-distribution-channel-b2b-b2c-and-regional-analysis-2022-2029","title":"Global Murumuru Butter Market Size study \u0026 Forecast, by Nature (Conventional, Organic), by End-Use (Hair Care, Skincare, Lip Care), by Distribution Channel (B2B, B2C) and Regional Analysis, 2022-2029","description":"\u003cp\u003eGlobal Murumuru Butter Market Size study \u0026amp; Forecast, by Nature (Conventional, Organic), by End-Use (Hair Care, Skincare, Lip Care), by Distribution Channel (B2B, B2C) and Regional Analysis, 2022-2029\u003c\/p\u003e\n\n\u003cp\u003eGlobal Murumuru Butter Market is valued at approximately USD 802 Million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.4% over the forecast period 2022-2029. Murumuru Butter is a white-yellow fat and is extracted from the seeds of Astrocaryum murumuru. Murumuru is a palm tree native to the Amazon rainforest. Murumuru butter contains lauric, myristic, and oleic acids among others. It is widely used across cosmetics and personal care industry for the formulation of hair care and skincare products. Moreover, due to its anti-inflammatory properties, it is also used in the treatment of eczema and other skin conditions. The increasing demand for vegan cosmetics products and growing usage of Murumuru butter in different beauty products are key factors driving the market growth.\u003c\/p\u003e\n\n\u003cp\u003eThe rising demand for vegan cosmetics products is contributing towards the growth of the Global Murumuru Butter Market. For instance – in 2019, the global vegan cosmetics market was valued at USD 14.42 billion, and the market is projected to grow to USD 20.8 billion by 2025. Additionally, as per a consumer survey conducted by Statista in the USA in 2021 – around 32 percent of surveyed participants belonging to Generation Z showed their interest in buying vegan cosmetics products, whereas around 28 percent of millennials preferred vegan cosmetics products. Also, rising number of geriatric individuals and growing expansion of e-commerce platforms in developing regions would create a lucrative growth prospectus for the market over the forecast period. However, the high extraction cost of Murumuru Butter and limited supply of murumuru nuts stifle market growth throughout the forecast period of 2022-2029.\u003c\/p\u003e\n\n\u003cp\u003eThe key regions considered for the Global Murumuru Butter Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing demand for organic cosmetics products and availability of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising penetration of leading market players and increasing demand for vegan personal care products from females in the region.\u003c\/p\u003e\n\n\u003cp\u003eMajor market players included in this report are:\u003cbr\u003e\nJarchem Innovative Ingredients LLC\u003cbr\u003e\nLiberty Natural Products\u003cbr\u003e\n Caribbean Natural Products Inc\u003cbr\u003e\n Beraca Ingredients Naturais Sa\u003cbr\u003e\n Lush Retail Limited\u003cbr\u003e\n Nsi Group, LLC\u003cbr\u003e\n Vigon International, Inc\u003cbr\u003e\n Hallstar Company\u003cbr\u003e\n H.F.Ed. Meyer GmbH \u0026amp; Co. KG\u003cbr\u003e\n O\u0026amp;3 Limited\u003cbr\u003e\nRecent Developments in the Market:\u003cbr\u003e\n? In December 2022, Germany based haircare brand Wella AG, launched its new dual usage moisturising day cream, made with ethically sourced murumuru butter. This ingredient is known for its moisturizing properties.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Murumuru Butter Market Report Scope:\u003cbr\u003e\nHistorical Data 2019-2020-2021\u003cbr\u003e\nBase Year for Estimation 2021\u003cbr\u003e\nForecast period 2022-2029\u003cbr\u003e\nReport Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends\u003cbr\u003e\nSegments Covered Nature, End-Use, Distribution Channel, Region\u003cbr\u003e\nRegional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World\u003cbr\u003e\nCustomization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional \u0026amp; segment scope*\u003c\/p\u003e\n\n\u003cp\u003eThe objective of the study is to define market sizes of different segments \u0026amp; countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.\u003c\/p\u003e\n\n\u003cp\u003eThe report also caters detailed information about the crucial aspects such as driving factors \u0026amp; challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.\u003c\/p\u003e\n\n\u003cp\u003eThe detailed segments and sub-segment of the market are explained below:\u003c\/p\u003e\n\n\u003cp\u003eBy Nature\u003cbr\u003e\nConventional\u003cbr\u003e\nOrganic\u003c\/p\u003e\n\n\u003cp\u003eBy End-Use\u003cbr\u003e\nHair Care\u003cbr\u003e\n Skincare\u003cbr\u003e\n Lip Care\u003c\/p\u003e\n\n\u003cp\u003eBy Distribution Channel\u003cbr\u003e\nB2B\u003cbr\u003e\nB2C\u003c\/p\u003e\n\n\u003cp\u003eBy Region:\u003cbr\u003e\nNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003cbr\u003e\nEurope\u003cbr\u003e\nUK\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nSpain\u003cbr\u003e\nItaly\u003cbr\u003e\nROE\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nAustralia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nRoAPAC\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nRoLA\u003cbr\u003e\nRest of the World\u003c\/p\u003e\n\n\u003cp\u003eCompanies Mentioned\u003c\/p\u003e\n\n\u003cp\u003eJarchem Innovative Ingredients LLC\u003cbr\u003e\nLiberty Natural Products\u003cbr\u003e\nCaribbean Natural Products Inc\u003cbr\u003e\nBeraca Ingredients Naturais Sa\u003cbr\u003e\nLush Retail Limited\u003cbr\u003e\nNsi Group, LLC\u003cbr\u003e\nVigon International, Inc\u003cbr\u003e\nHallstar Company\u003cbr\u003e\nH.F.Ed. Meyer GmbH \u0026amp; Co. KG\u003cbr\u003e\nO\u0026amp;3 Limited\u003c\/p\u003e\n\n\u003cp\u003ePlease note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"February, 2023 \/ 200 Pages \/ MCW16287442","offer_id":47715266363698,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-murumuru-butter-market-size-study-forecast-by-nature-conventional-organic-by-end-use-hair-care-skincare-lip-care-by-distribution-channel-b2b-b2c-and-regional-analysis-2022-2029","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}