Cocoa Butter Equivalent (CBE) Market to Hit USD 2.15 Billion by 2033, Driven by Rising Chocolate Demand and Growing Use of Cocoa Substitutes
The global cocoa butter equivalent (CBE) market size was valued at USD 1.23 billion in 2024 and is projected to grow from USD 1.32 billion in 2025 to reach USD 2.15 billion by 2033, growing at a CAGR of 6.12% during the forecast period (2025–2033). Rising consumer demand for chocolate, increased use of cocoa substitutes due to cocoa cost volatility, and growth in confectionery consumption are major growth drivers.
Market Scope and Research Methodology
This report includes a multi-level regional assessment spanning global, regional, and country-specific markets. The analysis highlights market penetration, regional market leadership, and the strategic approaches adopted by prominent companies. A detailed SWOT analysis identifies the strengths, weaknesses, opportunities, and challenges within the market.
The primary goal of the Cocoa Butter Equivalent (CBE) Market Report is to provide clear insights into market behavior, emerging trends, and the factors influencing market performance. The study evaluates market structure, segmentation, and forecasted market size while examining growth drivers, industry barriers, and opportunities stemming from technological progress, regulatory frameworks, cost efficiencies, and evolving consumer needs.
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Regional Insights
The report presents an in-depth regional assessment of the Cocoa Butter Equivalent (CBE) Market across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each region is analyzed based on key parameters such as market size, growth rate, trade activities, and overall industry development. This segmentation supports a deeper understanding of the competitive dynamics and market potential within each geographical area.
Market Segmentation
- By Type
- Palm Oil
- Shea Butter
- Sal Fat
- Others
- By Applications
- Food and Beverages
- Pharmaceuticals
- Others
Key Market Players
- AAK AB
- Bunge
- Fuji Vegetable Oil, Inc.
- Intercontinental Specialty Fats Sdn. Bhd. (‘ISF’)
- Makendi Wordlwide
- Manorma Industries Limited
- Musim Mas
- Olam International Limited
- WILMAR CAHAYA INDONESIA TBK
- USHA Edible Oils
- Wild Oils
- Wilmar International Ltd.
- Others
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Key Questions Addressed
- What is Cocoa Butter Equivalent (CBE) Market?
- What was the market size of the Cocoa Butter Equivalent (CBE) Market in 2024?
- What CAGR is expected for the market during the forecast period?
- Which factors are expected to drive market growth?
- What are the major segments of the market?
- Which strategies are companies adopting to strengthen their market presence?
- What emerging applications and trends are shaping the industry?
- Who are the key players in the Cocoa Butter Equivalent (CBE) Market?
- What are the portfolios and competencies of leading market participants?
About Us
For over a decade, Straits Research has been a trusted partner to more than 2,057 small and large enterprises, empowering senior leaders and decision-makers with actionable intelligence to navigate complex markets. Our structured syndicate reports, published year-round, cover critical sectors such as chemicals, materials, food and beverage, healthcare, pharmaceuticals, automotive, technology, aerospace, and defense. Combined with our custom research tailored to client-specific needs, we deliver insights that drive business progress and informed decision-making.
