Cocoa Butter Market - Global Industry Analysis, Size, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
Cocoa Butter Market Introduction
Cocoa Butter is a type of vegetable fat and also known as theobroma oil, which is extracted from whole cocoa beans after fermentation and roasting process. Cocoa beans are native to South American countries and one of the largest producers of cocoa is Ivory Coast which is located in Africa. The cocoa butter is used in the production of chocolates, ointments, toiletries, and pharmaceuticals. It is also used for cocoa flavor and aroma of cocoa beans. Cocoa butter helps treat several health issues such as skin irritation, hair loss, and other health issues. It contains flavonoids which have around all sorts of health benefits and because of that it gives a positive impact on the reduction of heart disease, maintains healthy blood pressure, and improve skin conditions.
Cocoa Butter Market Segmentation
The Cocoa Butter Market can be segmented on the basis of form, types, end-user, packaging, distribution channel and region.
By form, cocoa butter market can be segmented into solid and liquid form. Among the two forms, the solid form is the highest supplied product in the market by the manufacturers and is expected to grow further in the forecast period. Liquid cocoa butter is supplied in tanks while the solid is supplied in blocks, cubes and chips boxes.
By types, cocoa butter market can be segmented into organic, conventional, and deodorized cocoa butter. The organic cocoa butter is made by expeller pressed extraction process, the conventional cocoa butter is made by pure prime pressed extraction process and the deodorized cocoa butter is fully deodorized by a physical process and is mostly used for chocolate production.
By end-user, cocoa butter market can be segmented into food industry, pharmaceutical industry, aromatherapy, cosmetics and personal care industry. In the food industry, cocoa butter is used in the production of confectionery products such as chocolates. In the pharmaceutical industry, cocoa butter is used for its physical properties as cocoa beans are a high-antioxidant in nature since they contain an ample amount of polyphenol and flavonoid antioxidants. It also boosts the immune system, improves heart health, and eases constipation. In aromatherapy, the cocoa butter is used due to its fragrance and natural properties. Cocoa butter is blended with Neroli, which is an essential oil, reflects a fresh scent and helps combat anxiety and depression. In the cosmetics and personal care industry, cocoa butter is used to manufacture lotions, creams, salves, lip balms, hair conditioners, body soaps, and gels. It reduces signs of aging such as wrinkles and hair loss, skin inflammation and removes scars. The cocoa butter also prevents the onset of male pattern baldness.
By packaging, cocoa butter market can be segmented into tins, cartons, plastic containers, paper containers and others. Tin packaging is used for the liquid form of cocoa butter and other packaging for the solid form such as blocks, crystals, and others.
By distribution channel, cocoa butter market can be segmented into direct and indirect sales, which can be further sub-segmented into modern trade units, departmental stores, convenience stores, and online retail.
By region, cocoa butter market can be segmented into five different regions, which includes North America, Latin America, Europe, Asia Pacific, Middle East and Africa. In terms of production, the major regions include Africa, followed by Asia Pacific and Latin America. In terms of consumption, Europe is the largest consumer of cocoa and cocoa butter followed by North America, Asia Pacific, and Latin America.
Cocoa Butter Market Drivers, Restraints, and Trends
The Cocoa Butter Market is been growing gradually based on its medicinal and nutritional benefits. Recently people are adapting traditional products due to rising health concern, and also because of the harmful side effects of chemicals. Cocoa beans are one of the oldest ingredients which are preferred by manufacturers for the main production of all types of chocolates, by consumers for its medicinal and nutritional uses. Cocoa butter is extracted from cocoa beans and it is rich in calories, saturated fats, palmitic acid, stearic acid and oleic acid. Cocoa butter is used to prevent skin dryness and peeling, heals chapped lips, fights signs of aging, soothes burns and infections, and helps treating mouth sores, helps improve heart health, and raises immunity. It increases concentration among people and eliminates stress and exhaustion. All these benefits of cocoa butter are making it popular among people and driving the cocoa butter market in the developed as well as developing regions.
Besides several benefits of nutmeg butter, it has various side-effects too. Over intake of cocoa butter can lead to weight gain and obesity, allergy and skin reactions, cholesterol, heart and respiratory problems. These side effects are therefore inhibiting the cocoa butter market to grow.
Cocoa Butter Market Key Players
Owing to the benefits of cocoa butter, several producers and players in the market are moving forward to manufacture and supply it. Some of the key players are Cargill Incorporated., Cocoa Mae, Chocolate Alchemy, Dietz Cacao Trading B.V., Jindal Cocoa, Carst & Walker (C&W), JB FOODS Limited and others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Food
Food & BeveragesBaijiu Market - Global Outlook and Forecast 2021-2027
Food & BeveragesCanned Mushroom Market - Global Outlook and Forecast 2021-2027
Food & BeveragesFrosting & Icing Market - Global Outlook and Forecast 2021-2027