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NEW YORK, Dec. 11, 2020 /PRNewswire/ -- Increasing pollution, changing food habits, and busy lifestyles are leading to rising stress levels and anxiety, besides other health concerns. These issues are further resulting in conditions such as wrinkles, pimples, and heavy hair loss. Thus, people are becoming more concerned about appearance and beauty, and are using beauty and cosmetic products for the prevention of skin or hair diseases. Nutmeg butter is a natural and sustainable alternative ingredient in beauty and cosmetic products. These factors are expected to fuel demand for nutmeg ingredients and nutmeg butter products in the near future. The global nutmeg butter market has witnessed significant growth in the past few years, and this trend is anticipated to continue through the course of the forecast period (2020 to 2030). The global nutmeg butter market is estimated to rise at a steady value CAGR of nearly 6% through 2030. Key Takeaways from Nutmeg Butter Market Study By nature, the organic segment is projected to register the highest volume growth rate over the forecast period in the global nutmeg butter market, owing to rising awareness about health and healthy ingredients and increasing demand for natural and organic ingredients and products. By application, the skin care segment is expected to hold the highest market value share of 88.7% in the year 2020. Increasing beauty concerns and men's grooming are key factors behind rising sales of skin care products. By distribution channel, the business to business segment holds the highest value share in the global nutmeg butter market, owing to rising popularity of nutmeg butter in cosmetic and personal care products. By region, Europe holds the highest value and volume share, followed by North America, in the global nutmeg butter market. This is attributable to increased awareness regarding protection of health, enhancing well-being, and boosting self-esteem. The impact of COVID-19 on various end-use industries of nutmeg butter is expected to affect the growth of the nutmeg butter market in the near term. Get PDF Sample for the Report: https://www.persistencemarketresearch.com/samples/32162 "Players in the nutmeg butter market can gain huge profits by promoting and collaborating with different cosmetic and personal care manufacturers to use nutmeg butter ingredients in different products," says a PMR analyst. Nutmeg Butter Market: Competitive Landscape As consumer demand for multifunctional products is increasing, manufacturers of cosmetic and personal care products are seeking multifunctional ingredients that can be used for different purposes. Nutmeg butter can be used in different products such as body massage products, hair masks, creams, lotions, soaps, pomades, after-sun creams and lotions, sun protection products, hair conditioners, and others. Also Get the Customized Report: https://www.persistencemarketresearch.com/request-customization/32162 Manufacturers operating in the nutmeg butter landscape, such as New Directions Aromatics Inc., Proderna Biotech Pvt. Ltd., and others are focusing on offering products that are in line with market trends and comply with different international certifications and standards. Proderna Biotech Pvt. Ltd. is organic certified NPOP, NOP including EU. Its manufacturing unit is ISO 22000:2005 (HACCP), FSSC:22000, Halal, and Kosher certified. Explore More Valuable Insights on Global Nutmeg Butter Market Persistence Market Research, in its new report, offers an impartial analysis of the global nutmeg butter market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights into the nutmeg butter market based on nature (organic, conventional), application (skin care, hair care, soap making, retail/household, others), and distribution channel (business to business, business to consumer), across seven major regions. Get Full Access of Report: https://www.persistencemarketresearch.com/checkout/32162 Browse Research Release at:https://www.persistencemarketresearch.com/market-research/nutmeg-butter-market.asp Browse End-to-end Market:Food Innovation Related Reports: Pea Protein Market: https://www.persistencemarketresearch.com/market-research/pea-protein-market.asp Soybean Rust Control Market: https://www.persistencemarketresearch.com/market-research/soybean-rust-control-market.asp About Persistence Market Research Overview: Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. ContactRajendra Singh Persistence Market ResearchU.S. Sales Office:305 Broadway, 7th FloorNew York City, NY 10007+1-646-568-7751United StatesUSA - Canada Toll-Free: 800-961-0353Email: [emailprotected]Visit Our Website:https://www.persistencemarketresearch.com Content Source:https://www.persistencemarketresearch.com/mediarelease/nutmeg-butter-market.asp SOURCE Persistence Market Research Pvt. Ltd.

Answer: Nutmeg Butter Market is estimated to rise at a steady value CAGR of nearly 6% through 2030 - Persistence Market Research