Market Players of Shea Butter In the business industry, it is nice to know on how to increase financial activities and how will the buyers will get attracted to the different products. Shea butter known as one of the popular products that catches the attention of buyers ever since the year 1980’s. High investments were gained by the market players during this time. Shea butter can be produced both unrefined and refined. Therefore, different kinds of cosmetics production occur such as body lotion, face cream and even soap. To give you the idea who are behind the success of Shea butter in the market exchange several top companies will be mention and even the continents and countries to be familiarize. It started in Ghana, Africa and now they are known as the major exporters to different countries like Europe, United States of America and Asia.
Transcript
Market Players of Shea Butter
In the business industry, it is nice to know on how to increase financial activities and how will the buyers will get attracted to the different products. Shea butter known as one of the popular products that catches the attention of buyers ever since the year 1980’s. High investments were gained by the market players during this time.
Shea butter can be produced both unrefined and refined. Therefore, different kinds of cosmetics production occur such as body lotion, face cream and even soap. To give you the idea who are behind the success of Shea butter in the market exchange several top companies will be mention and even the continents and countries to be familiarize.
It started in Ghana, Africa and now they are known as the major exporters to different countries like Europe, United States of America and Asia.
In Europe, particularly in the United Kingdom, Denmark, Sweden, Portugal and Ireland this countries are allowed to sell cocoa butter, which is the main ingredient is Shea nut.
In France and the United States of America, they are increasingly becoming popular because of manufacture of cosmetics and other beauty products.
Players in the Shea Industry
Major companies that are involved in using Shea nuts for production of crude oil and vegetable are PZ cussons, Twifo Oil Palm Plantation and Unilever Ghana Ltd which most of the companies are found in Africa. Other main players in the Shea production are Kassardjian Industries Ltd, Blu Mont Ghana Ltd, International Business Group, and Olam Ghana.
Almost 90% is constituted of the total nuts.
Top Three Leading Exporters
OLAM GHANA – known as the top market player in the industry. This company has offices in Shea growing areas particularly in Nigeria, Ghana, Benin, Togo, Burkina Faso and Ivory Coast. But the company stopped purchasing of Shea nuts by the year 2003. This company was able to distinguish the quality of every Shea nut so that they could supply very high quality products. During the years of productivity, they also received awards such as best exporter of Shea products.
SEKAF GHANA LTD – this company exports crushed Shea nuts and supplies unrefined Shea butter from the northern regions of Ghana. They even supply medicinal and botanically oriented raw materials. They export their products to health food chocolate manufacturers, arts and crafts and even cosmetic industry all over the globe.
KASSARDIAN INDUSTRIES COMPANY LTD – this company owns a very huge warehouse in Tamale where it serves as their storage area for nuts. Also considered as the biggest market players in terms of purchasing Shea nuts and crude Shea butter in Ghana.
These companies continue to rise in market industry in terms of Shea except for OLAM who already ceased their operation. To succeed in the business world you must be a good player and the best weapon to it is continue to believe and give your best shot. A business man can be describing in two words this are Perseverance and Determination.
