Global Cocoa Butter Equivalent (CBE) market will reach 1810 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/9/9

Cocoa Butter Equivalent (CBE) is a Fats & Oils ingredient type, widely used in Chocolate and Confectionery. It is valued as a Cocoa Butter Alternative.

Cocoa Butter Equivalent (CBE) is a Fats & Oils ingredient type, widely used in Chocolate and Confectionery. there are major 5 classifications of CBE in this report, Shea Butter, Palm and Palm Kernel Oil , Sal Fat, Kokum Butter and Mango Butter. Globally, the sales share of each type of Palm and Palm Kernel Oil is 46.79% in 2018.

Shea Butter is mainly produced in West, Central and East African countries, and CBE market is now attractive for markets across Europe, America and Asia. An important market exists in the European Union, USA which buys shea mainly for cosmetics and chocolate formations.

The major applications of CBE are Confectionery, Food & Beverage, Cosmetics. Globally, the sales share of each application area of CBE is 55.54%, 40.32% and 2.34% in 2018.

The global Cocoa Butter Equivalent (CBE) market is valued at 1470 million US$ in 2018 and will reach 1810 million US$ by the end of 2025, growing at a CAGR of 2.9% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Cocoa Butter Equivalent (CBE) market based on company, product type, end user and key regions.

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