Cocoa Butter Equivalent (CBE) Trends and Forecast
The future of the global cocoa butter equivalent (CBE) market looks promising with opportunities in the confectionery, food & beverage, and cosmetic markets. The global cocoa butter equivalent (CBE) market is expected to grow with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are growing numbers of customers are consuming chocolate, increasing costs for cocoa butter, along with the rising number of applications in cosmetics industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cocoa Butter Equivalent (CBE) by Segment
The study includes a forecast for the global cocoa butter equivalent (CBE) by type, application, and region.
Cocoa Butter Equivalent (CBE) Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Shea Butter
• Palm Oil
• Sal Fat
• Kokum Butter
• Mango Butter
Cocoa Butter Equivalent (CBE) Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Confectionery
• Food & Beverage
• Cosmetics
• Others
Cocoa Butter Equivalent (CBE) Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cocoa Butter Equivalent (CBE) Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cocoa butter equivalent (CBE) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cocoa butter equivalent (CBE) companies profiled in this report include-
• AAK
• Bunge Loders Croklaan
• Wilmar International
• Fuji Oil
• Olam International
• Mewah Group
• Nisshin Oillio
Cocoa Butter Equivalent (CBE) Market Insights
Lucintel forecasts that shea butter is expected to witness the highest growth over the forecast period.
Within this market, food & beverage will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to rising discretionary income and shifting customer tastes in chocolate goods.
Features of the Global Cocoa Butter Equivalent (CBE) Market
Market Size Estimates: Cocoa butter equivalent (CBE) market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cocoa butter equivalent (CBE) market size by type, application, and region in terms of value ($B).
Regional Analysis: Cocoa butter equivalent (CBE) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the cocoa butter equivalent (CBE) market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cocoa butter equivalent (CBE) market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for cocoa butter equivalent (CBE) market?
Answer: The global cocoa butter equivalent (CBE) market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the cocoa butter equivalent (CBE) market?
Answer: The major drivers for this market are growing numbers of customers are consuming chocolate, increasing costs for cocoa butter, along with the rising number of applications in cosmetics industry.
Q3. What are the major segments for cocoa butter equivalent (CBE) market?
Answer: The future of the global cocoa butter equivalent (CBE) market looks promising with opportunities in the confectionery, food & beverage, and cosmetic markets.
Q4. Who are the key cocoa butter equivalent (CBE) market companies?
Answer: Some of the key cocoa butter equivalent (CBE) companies are as follows:
• AAK
• Bunge Loders Croklaan
• Wilmar International
• Fuji Oil
• Olam International
• Mewah Group
• Nisshin Oillio
Q5. Which cocoa butter equivalent (CBE) market segment will be the largest in future?
Answer: Lucintel forecasts that shea butter is expected to witness the highest growth over the forecast period.
Q6. In cocoa butter equivalent (CBE) market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising discretionary income and shifting customer tastes in chocolate goods.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cocoa butter equivalent (CBE) market by type (shea butter, palm oil, sal fat, kokum butter, and mango butter), application (confectionery, food & beverage, cosmetics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cocoa Butter Equivalent (CBE) Market, Cocoa Butter Equivalent (CBE) Market Size, Cocoa Butter Equivalent (CBE) Market Growth, Cocoa Butter Equivalent (CBE) Market Analysis, Cocoa Butter Equivalent (CBE) Market Report, Cocoa Butter Equivalent (CBE) Market Share, Cocoa Butter Equivalent (CBE) Market Trends, Cocoa Butter Equivalent (CBE) Market Forecast, Cocoa Butter Equivalent (CBE) Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.