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Cupuacu Butter Market - By Grade (Refined, Unrefined, Highly Refined), By Function (Moisturizing Agent, Emollient, Flavor Enhancer), By End-use (Cosmetics and Skincare Industry, Food Industry), BY Distribution Channel & Forecast, 2023 – 2032

  • Report ID: GMI4824
  • Published Date: Aug 2023
  • Report Format: PDF

Cupuacu Butter Market Size

Cupuacu Butter Market size was valued at around USD 39.5 million in 2022 and is estimated to reach USD 69.8 million by 2032. Cupuaçu butter's high water absorption capacity makes it an effective moisturizer, contributing to its use in lotions, creams, and body butters. Its emollient properties help improve skin texture, making it suitable for skincare products. The aforementioned factors are therefore expected to accelerate market expansion.
 

Cupuacu Butter Market

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The demand for natural, plant-based, and sustainable ingredients in cosmetics and personal care products drives the use of cupuaçu butter. Cupuaçu butter's unique flavor and aroma contribute to its use in confectionery, bakery, and beverage products.
 

The demand for cupuaçu butter can put pressure on the Amazon rainforest ecosystem. Maintaining consistent quality and properties of cupuaçu butter across batches can be challenging due to variations in the source fruit and extraction methods. The complex supply chain involving remote areas, multiple stakeholders, and transportation challenges can lead to delays and disruptions. Thus, the risks associated with Cupuacu butter may drive down the acceptance rate, further hampering the business landscape.
 

COVID-19 Impact

Manufacturing facilities faced temporary closures, reduced workforce, and operational limitations due to social distancing measures, affecting cupuaçu butter production. Labor shortages due to lockdowns and safety concerns affected fruit harvesting, processing, and manufacturing, leading to potential production delays. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the market growth.
 

Cupuacu Butter Market Trends

The demand for clean and natural beauty products is driving the use of cupuaçu butter in cosmetics and skincare formulations due to its natural moisturizing and skin-conditioning properties. As consumers seek plant-based and vegan alternatives, cupuaçu butter is finding applications in vegan cosmetics, skincare, and food products. The trend toward functional foods and nutraceuticals is driving the use of cupuaçu butter in products aimed at promoting health and well-being. Thus, the growing prevalence is expected to expedite the market progress.
 

Cupuacu Butter Market Analysis

Cupuacu Butter Market Size, By Garde, 2021 - 2032 (USD Million)  

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Based on grade, the cupuacu butter market is segmented as refined, unrefined, highly refined. Refined held a majority market value of USD 17.3 million in 2022. Cosmetic and skincare products require high-quality cupuaçu butter for its moisturizing and skin-conditioning properties. Moreover, an increasing usage will further accelerate the segment trends.
 

 Cupuacu Butter Market Revenue Share (%), By Function, (2022)

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Based on function, the cupuacu butter market is segmented as moisturizing agent, emollient, flavor enhancer. Moisturizing Agent held a dominant market share of around 45% in 2022 and is expected to grow at a lucrative pace by 2032. The moisturizing and emollient properties of cupuaçu butter make it a sought-after ingredient in lotions, creams, and body butters.
 

Based on end-use the cupuacu butter market is segmented as cosmetics and skincare industry, food industry, confectionery industry, other. Cosmetics and Skincare Industry held a dominant market share in 2022 and is anticipated to grow at 5.7% CAGR by 2032. Cupuaçu butter's moisturizing and skin-conditioning properties align with the trend of using natural ingredients in skincare products. Thus, the high-quality services and growing usage of Cupuacu butter are anticipated to expedite the business landscape.
 

Based on distribution channel the cupuacu butter market is segmented as online retail, specialty beauty stores, supermarkets/hypermarkets, health food stores. Online retail held a dominant market share in 2022 and is anticipated to grow by 2032. E-commerce platforms allow cupuaçu butter to reach consumers worldwide, driving demand beyond geographical limitations.
 

U.S. Cupuacu Butter Market Size, 2021- 2032 (USD Million)

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U.S. cupuacu butter market exceeded USD 8.1 million in 2022 and is anticipated to expand at a significant pace from 2023-2032. Consumers in North America prioritize health and wellness, making cupuaçu butter's potential nutritional benefits and antioxidant properties appealing in functional foods, nutraceuticals, and supplements. Thus, the above-mentioned variables would augment the Cupuacu butter business growth in the North America positively.
 

Cupuacu Butter Market Share

Some of the major market players operating in the Cupuacu butter market are:

  • Beraca Ingredientes Naturais S/A,
  • The Body Shop International Limited,
  • Lush Ltd,
  • Aromaaz International,
  • Natura & Co Holding S.A,
  • Croda International Plc,
  • Akoma Skincare,
  • Creations from Eden,
  • Rainforest Chica
  • Organique Monoi Tahiti
  • Carana Agroflorestal Ltda
  • Essential Wholesale & Labs
  • Skin Perfection Natural and Organic Skincare
  • Mountain Rose Herbs
  • Artisan Bath & Body

These players focus on strategic partnerships, new product launch & commercialization for market expansion.
 

Cupuacu Butter Industry News:

  • In 2022, Croda Personal Care launched Cropure™ Cupuassu. A rich emollient with excellent moisturising and spreading properties. Imparts gloss to the hair. Used in skin care and hair care.
     

Cupuacu butter market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:

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Market, By Grade

  • Refined
  • Unrefined
  • Highly Refined

Market, By Function

  • Moisturizing Agent
  • Emollient
  • Flavor Enhancer

Market, By End-use

  • Cosmetics and Skincare Industry
  • Food Industry
  • Confectionery Industry
  • Other

Market, By Distribution Channel

  • Online Retail
  • Specialty Beauty Stores
  • Supermarkets/Hypermarkets
  • Health Food Stores

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Indonesia
    • Malaysia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Egypt

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Cupuacu butter industry size was valued at USD 39.5 million in 2022 and will reach USD 69.8 million by 2032 due to the increasing incorporation of natural, plant-based, and sustainable ingredients in cosmetics and personal care products worldwide.
The refined grade segment recorded USD 17.3 million in 2022 and will witness significant growth from 2023-2032 on account of its moisturizing and skin-conditioning properties.
U.S. cupuacu butter industry size recorded USD 8.1 million in revenue in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the rising number of consumers seeking functional foods, nutraceuticals, and supplements in the region.
Beraca Ingredientes Naturais S/A, The Body Shop International Limited, Lush Ltd., Aromaaz International, Natura & Co Holding S.A., Croda International Plc, Akoma Skincare, and Creations from Eden, Rainforest, are some of the major cupuacu butter companies worldwide.

Cupuacu Butter Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 246
  • Countries covered: 21
  • Pages: 200
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