Cocoa Butter Equivalent (CBE) is a Fats & Oils ingredient type, widely used in Chocolate and Confectionery. It is valued as a Cocoa Butter Alternative.
According to our (Global Info Research) latest study, the global Cocoa Butter Equivalent (CBE) market size was valued at USD 1282.1 million in 2022 and is forecast to a readjusted size of USD 1778.3 million by 2029 with a CAGR of 4.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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%.
This report is a detailed and comprehensive analysis for global Cocoa Butter Equivalent (CBE) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
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This report profiles key players in the global Cocoa Butter Equivalent (CBE) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AAK, Bunge Loders Croklaan, Wilmar International, Fuji Oil and Olam International, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Cocoa Butter Equivalent (CBE) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Shea Butter
Palm and Palm Kernel Oil
Sal Fat
Kokum Butter
Mango Butter
Market segment by Application
Confectionery
Food & Beverage
Cosmetics
Others
Major players covered
AAK
Bunge Loders Croklaan
Wilmar International
Fuji Oil
Olam International
Mewah Group
Nisshin Oillio
Manorama Group
FGV IFFCO
Musim Mas
EFKO
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