Cocoa Butter Market

Cocoa Butter Market- Global Industry Analysis, Development, Revenue, Future Growth, Business Prospects and Forecast 2019 to 2028

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Set to gain a multi-billion-dollar opportunity between 2019 and 2028, the global cocoa butter market will surpass revenues worth US$ 8 Bn by 2028-end. Increasing involvement of manufacturers in innovating production methods of cocoa butter is adding a new dimension of growth to the market. A new Fact.MR study reveals that increasing popularity of non-chocolate cocoa products remain instrumental to the growth of cocoa butter market.

"Greater emphasis of farmers on sharpening profit margins in major cocoa producing countries such as Côte d'Ivoire and Ghana is shaping the market as an organized sector," says the Fact.MR report.

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Cocoa Butter Market: Key Findings

Application of cocoa butter in confectionary will expand 1.7X through 2028.
Conventional variant accounts for over 90% of global cocoa butter sales; organic variants are gaining rapid traction recently.
Deodorized cocoa butter holds more than half of the market value, with demand concentrated in food & beverages industry.
Rising consumption of cocoa butter in non-chocolate segments such as bakery, dairy, and frozen desserts continue to fuel market growth.
Cocoa Butter Market: Key Driving Factors

Cocoa Butter Market Opportunities and Challenges in Near Future with Different Segments by Forecast 2019 to 2028

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Fact.MR has adopted a multi-disciplinary approach to shed light on the evolution of the global Cocoa Butter market during the historical period of 2014– 2018. The Cocoa Butter market study includes a thorough analysis of the overall competitive landscape and the company profiles of leading market players involved in the global Cocoa Butter market. Further, the presented study offers accurate insights pertaining to the different segments of the Global Cocoa Butter market such as the market share, value, revenue, and how each segment is expected to fair post the COVID-19 pandemic.

Demand for cocoa butter is expected to soar exponentially and is projected to create an absolute $ opportunity of around US$ 2.5 Bn during forecast period 2019 – 2028. Extensive rounds of primary and comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Cocoa Butter market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Cocoa Butter market.

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