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Global Cocoa Butter Alternatives Market Research Report - Forecast to 2023

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Lower production of cocoa beans has highly affected their prices, thereby experiencing a surge. What are the opportunities for the manufacturers to develop potential cocoa butter alternatives? Gain the insights from the report. For more info visit us - – PowerPoint PPT presentation

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Title: Global Cocoa Butter Alternatives Market Research Report - Forecast to 2023


1
Global Cocoa Butter Alternatives Market Research
Report - Forecast to 2023
  • Agriculture and Food  Food and Beverages 

Published Date Apr 2018
No. of Pages 72
Country Global
Category Food and Beverages
Single User License USD 4450
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2
 Summary
  • Global cocoa butter alternatives market has
    witnessed repetitive growth over the last few
    years, and it is estimated to reach USD 1.25
    billion with registering a healthy CAGR of 9
    during the forecast period of 2017-2023. 

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3
 Summary
  • Lower production of cocoa beans has highly
    affected their prices, thereby experiencing
    surge. Further, rise in cocoa butter prices have
    compelled the manufacturers to incline towards
    alternatives that are cheaper and more readily
    available and those that are derived from natural
    sources. Cocoa butter alternatives majorly
    comprise of fats that are further segmented into
    three types including cocoa butter replacer
    (CBRs), cocoa butter equivalents (CBEs) and as
    cocoa butter substitutes (CBSs). In addition to
    the lower prices, the fatty acid compositions of
    cocoa butter alternatives are like that of cocoa
    butter and, they can be processed in the similar
    way as that of the later. In conclusion, the
    similar properties of cocoa butter alternatives
    create a lucrative market scenario for the
    manufacturers involved in the production of fats
    as cocoa butter alternatives.

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4
 Summary
  • Declining cocoa butter production has created
    immense opportunities for the manufacturers to
    develop potential cocoa butter alternatives and
    generate revenue through their product offerings.
    Oils and fats manufacturers are identified to be
    investing hugely in the RD sector to develop
    novel products and introduce their product-line
    in the global market. Extensive research is
    carried out on plant-based as well as
    animal-based oils as alternatives to cocoa
    butter. For instance, Malaysian researchers
    studied mango seed fat and palm stearin as cocoa
    butter alternatives which could be used in
    chocolates for tropical countries as they can
    withstand high temperatures.

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5
Regional Analysis
Asia Pacific 
Europe
North America
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6
Segments
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7
Segments
On the basis of source, the cocoa butter
alternatives has segmented into
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8
Key Players
The leading market players in the global cocoa
butter alternatives market primarily are
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9
Target Audience
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10
Key Findings
  • Among the type, cocoa butter equivalents
    segment is expected to account for the major
    market proportion during the forecast period of
    2017-2023. However, cocoa butter replacers is
    projected to expand at a substantial growth rate
    of 8.54 during the forecast period.  Among
    the sources, shea segment is expected to witness
    growth rate of 9.64 during the forecast period
    of 2017-2023. Sal, Kokum Mango Kernel segment
    is projected to expand a growth rate of 8.94
    during the forecast period. Regional and
    Country Analysis of Cocoa butter alternatives
    Market Development and Demand Forecast to 2023
    MarketAs per the analysis, the global cocoa
    butter alternatives market is estimated to reach
    USD 1.25 billion during forecast period 2017 to
    2023 with registering A CAGR of 9.07

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11
BROWSE FULL MARKET REPORT
  • Global Cocoa Butter Alternatives Market Research
    Report - Forecast to 2023
  • Related Market Research Reports
  • Agriculture and Food Market Research Reports
  • Food and Beverages Market Research Reports 

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12
MORE RELATED REPORTS
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    Market to 2021
  • Chocolate, Cocoa and Sugar Confectionery Market
    in Argentina to 2022 - Market Size, Development,
    and Forecasts

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13
ABOUT AARKSTORE
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    a leading online market research report seller,
    Aarkstore acts as a platform for accessing
    statistics, forecasts, business insights, ideas,
    concepts and much more
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14
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