cocoa butter market size

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