Cocoa Butter Market Size By Product Type, By Product Form, By Nature, By End-User, By Geographic Scope And For

Jersey City, May 20, 2020 (Senmer News Wire)  – Cocoa Butter Market Size And Forecast
According to Verified Market Research, Global Cocoa Butter Market was valued at USD 3.61 Billion in 2018 and is projected to reach USD 6.73 Billion by 2026, growing at a CAGR of 8.06% from 2019 to 2026.
What is Cocoa Butter?
Cocoa butter is a type of vegetable fat that is extracted from cocoa beans. It contains various types of fatty acids such as stearic acid, palmitic acid, myristic acid, arachidic acid, and lauric acid. The cocoa butter is available in various forms such as blocks, powder, and liquid associated with aroma and flavor of cocoa. It is used as a texture improving ingredients in various personal care products such as lip glosses, skin lotions, and others. Moreover, it is also used in confectionery products, ointments, and others at a wide range across the globe. Cocoa butter is the most preferable ingredient in the production of chocolates.
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Global Cocoa Butter Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The growth of the cocoa butter market occurs due to expanding several industries such as food and beverage, pharmaceutical, cosmetic, and personal care across the globe. The rising awareness among individuals about various nutritional and medicinal benefits associated with cocoa butter and increasing demand for chocolate, frozen desserts, nutritional drinks are also expected to fuel the market growth.
Furthermore, the cocoa butter demand is also increasing owing to the increasing awareness about various benefits of cocoa butter such as heals chapped lips, prevent skin peeling and dryness, soothes infections and burns, fights signs of aging, raise immunity and improve heart health. However, the availability of cocoa butter substitutes such as palm oil, soybean oil, and others is the major factor that might inhibit the market growth.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Cocoa Butter Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Global Cocoa Butter Market Competitive Landscape
The “Global Cocoa Butter Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Cocoa Mae, Cargill Incorporated., Chocolate Alchemy, JB FOODS Limited, Carst & Walker (C&W), Dietz Cacao Trading B.V., and Jindal Cocoa. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Cocoa Butter Market, By Product Type

Deodorized
• Natural

Cocoa Butter Market, By Product Form

Powder
• Blocks
• Liquid

Cocoa Butter Market, By Nature

Conventional
• Organic

Cocoa Butter Market, By End-User

Pharmaceutical
• Food and Beverage
• Cosmetics and Personal Care

Cocoa Butter Market, By Geographic Scope

North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

 
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Source: Cocoa Butter Market Size By Product Type, By Product Form, By Nature, By End-User, By Geographic Scope And For