Kartie Tree Extract Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Kartie Tree Extract Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • Transparency Market Research
  • Ongoing
  • Food

Report Description

Kartie Tree is popularly known as Shea Tree, scientific name Vietellaria Paradoxa. It is the only tree in genus Vitellaria and it indigenous to Africa. Kartie is its French name meaning “the tree of life”. It has got its name due to its extensive healing properties.

Kartie tree extract is commonly known as shea extract and traditionally being used for butter production i.e. shea butter. It has tremendous skin care, healing and medicinal properties which marks its demand in market by various industries. Kartie is being used and exported since ancient time from its origin region Africa. Kartie oil has low fat content and hence popularly being used as substitute of cocoa and palm oil, and that is why demanded in global market.

 Kartie Tree Extract Market Segmentation:

Kartie tree extract market is segmented on the basis of its applications into different industries. This includes cosmetics & personal care, food, Medicinal and others. Its market demand is emerging in personal care and cosmetic industry due to its skincare, inflammatory and moisturizing properties. Kartie tree oil is considered as excellent substitute for palm and cocoa oil which has comparatively high fat contents, hence it is commonly used as substitute for high-fat oils. Applications of kartie oil in food industry is expected to increase in near future. Kartie tree extracts market is segmented on the basis of its purity and processing, as grades Grade A,B,C,D and E.  A-Raw or unrefined, B-refined, C-highly refined or extracted with solvents, D-lowest uncontaminated grade katrie extract and E- kartie extract with contaminants. Grade A extract retain most natural properties as compared to other grades.

Kartie tree extract market is further segmented on basis of regions which includes North America and Latin America, Middle East & Africa, Japan, Europe and Asia pacific excluding Japan. Europe and America possess demand of kartie extract for the cosmetics and personal care industry by volume. The major cosmetics and soap industry in the U.S. is most lucrative global market for kartie tree extracts.

Kartie Tree Extract Market Drivers:

Kartie extract is in high demand in several sectors in the world market. Principle factors driving market demand are continuous rising demand for cocoa equivalent products due to rising chocolate consumption by world population. Also rising market demand for natural products based cosmetics and skin care products is becoming another market driver for kartie tree extract.

In Europe, Japan and North America markets kartie extract is highly sought due to its high healing and moisturizing properties. This demand mainly comes from cocoa butter equivalent (CBE) as kartie extracted butter is approved to be used in chocolates. India is also an important market for kartie tree extract. The Europe and North America are the main markets for shea butter use in cosmetics and natural products.

Consumer awareness about hydrogenated oils containing trans fats has also played an important role in the increased use of kartie tree extract market. Emerging market demand for kartie extracted products in world market is proven employment source for villagers and the sector has got high economic important. And hence government taking initiatives to fulfill maximum market demand of kartie tree extract and related products, emerging from all over the world.

Kartie Tree Extract Market Key Players:

Maximum amount of kartie is exported to other market places other than Africa where it gets extracted, purified and converted into different required byproducts. Kartie processing takes two routes, the row nuts are exported to Asian oil companies in bulk who extract, refine and sell it to Europe. Unrefined kartie extract is locally processed and graded for purity and then pushed into the world market through distributors.

Key players operating in kartie tree extract market are Aarhus United, Fuji Oils Co. Ltd, and Loders Croklaan. Some of the local players manufacturing kartie tree extract include, Inkuto Ltd., The Pure Company, Bosbel Vegetable oil mills, Trituraf S. A among others.

The report covers exhaustive analysis on:

  • Kartie tree extract Market Segments
  • Kartie tree extract Market Dynamics
  • Historical Actual Market Size, 2014 - 2015
  • Kartie Tree Extract Market Size & Forecast 2016 to 2026
  • Kartie Tree Extract Market Supply & Demand Value Chain
  • Kartie Tree Extract Market Current Trends/Issues/Challenges
  • Kartie Tree Extract Players Competition & Companies involved
  • Kartie Tree Extract Market Technology
  • Kartie Tree Extract Market Value Chain
  • Kartie Tree Extract Market Drivers and Restraints

Regional analysis for Kartie tree extract Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and regions.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint 

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. 

The study is a source of reliable data on:

  • Key market segments and sub-segments
  • Evolving market trends and dynamics
  • Changing supply and demand scenarios
  • Quantifying market opportunities through market sizing and market forecasting
  • Tracking current trends/opportunities/challenges
  • Competitive insights
  • Opportunity mapping in terms of technological breakthroughs 

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa) 

TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market. 

TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place.  All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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