Shea Butter in Skincare: Market Growth and Trends
The cosmetic shea butter market, valued at USD 1.4 billion in 2022, is anticipated to grow at a compound annual growth rate (CAGR) of 4.9%, reaching USD 2.1 billion by 2031. This growth trajectory is primarily driven by the increasing demand for anti-aging ingredients in cosmetics, the rise in global geriatric population, and the burgeoning e-commerce sector. These factors, combined with...
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