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Global Cocoa Butter Alternatives Market Research Report 2021
SKU ID : QYR-19374449 | Publishing Date : 21-Oct-2021 | No. of pages : 100
Cocoa butter, a solid fat derived from the cocoa bean, is a highly effective natural moisturizer and emollient. In spite of its natural roots.
Based on the current scenario, it has been observed that the production of cocoa is witnessing a downfall globally. Unfavorable climatic conditions have resulted in crop loss, which has further affected chocolate production. Crop failure due to soil infertility is one of the major challenges faced by farmers. Hence, owing to the mentioned factors, the production of cocoa beans is declining, encouraging the manufacturers of alternatives to enhance their production capacity and generate high revenues.
The global Cocoa Butter Alternatives market was valued at US$ 1112.1 million in 2020 and is expected to reach US$ 1360.8 million by the end of 2027, growing at a CAGR of 2.9% during 2021-2027.
This report focuses on Cocoa Butter Alternatives volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Cocoa Butter Alternatives market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Cocoa Butter Alternatives Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Cocoa Butter Equivalents
Cocoa Butter Replacers
Cocoa Butter Substitutes
Segment by Application
Food
Cosmetics
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Fuji Oil Holdings
Cargill
Bunge
Wilmar International
AAK
Danisco
3F Industries
Felda IFFCO
Based on the current scenario, it has been observed that the production of cocoa is witnessing a downfall globally. Unfavorable climatic conditions have resulted in crop loss, which has further affected chocolate production. Crop failure due to soil infertility is one of the major challenges faced by farmers. Hence, owing to the mentioned factors, the production of cocoa beans is declining, encouraging the manufacturers of alternatives to enhance their production capacity and generate high revenues.
The global Cocoa Butter Alternatives market was valued at US$ 1112.1 million in 2020 and is expected to reach US$ 1360.8 million by the end of 2027, growing at a CAGR of 2.9% during 2021-2027.
This report focuses on Cocoa Butter Alternatives volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Cocoa Butter Alternatives market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Cocoa Butter Alternatives Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Cocoa Butter Equivalents
Cocoa Butter Replacers
Cocoa Butter Substitutes
Segment by Application
Food
Cosmetics
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Fuji Oil Holdings
Cargill
Bunge
Wilmar International
AAK
Danisco
3F Industries
Felda IFFCO
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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