The global Cocoa Butter Equivalent (CBE) market was valued at US$ 1145 million in 2020 and is expected to reach US$ 1667.9 million by the end of 2027, growing at a CAGR of 5.0% during 2021-2027.
Cocoa Butter Equivalent (CBE) is a Fats & Oils ingredient type, widely used in Chocolate and Confectionery. It is valued as a Cocoa Butter Alternative.
Global cocoa butter equivalent (CBE) main manufacturers include AAK, Bunge Loders Croklaan, Wilmar International, Fuji Oil, Olam International, Mewah Group, Nisshin Oillio, Manorama Group, FGV IFFCO, Musim Mas, EFKO, etc., totally accounting for about 57%. Europe is the largest market, with a share over 45%. As for the types of products, it can be divided into shea butter, palm oil, sal fat, kokum butter and mango butter. Shea butter is the largest segment, holding a share over 42%. In terms of application, it can be divided into Confectionery, Food & Beverage and Cosmetics. Confectionery is the largest segment, with a share over 54%.
Global Cocoa Butter Equivalent (CBE) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Cocoa Butter Equivalent (CBE) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Aak, Bunge Loders Croklaan, Wilmar International, Fuji Oil, Olam International, Mewah Group, Nisshin Oillio, Manorama Group, Fgv Iffco, Musim Mas, Efko and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Shea Butter
- Palm and Palm Kernel Oil
- Sal Fat
- Kokum Butter
- Mango Butter
Segment by Application
- Food & Beverage
Table of Content:
1 Cocoa Butter Equivalent (CBE) Market Overview
2 Cocoa Butter Equivalent (CBE) Market Competition by Manufacturers
3 Cocoa Butter Equivalent (CBE) Retrospective Market Scenario by Region
4 Global Cocoa Butter Equivalent (CBE) Historic Market Analysis by Type
5 Global Cocoa Butter Equivalent (CBE) Historic Market Analysis by Application
6 Key Companies Profiled
7 Cocoa Butter Equivalent (CBE) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Cocoa Butter Equivalent (CBE) Market Dynamics
10 Global Cocoa Butter Equivalent (CBE) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.