+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Cocoa Butter Market - Global Industry Analysis (2017 - 2020) - Growth Trends and Market Forecast (2021 - 2025)

  • ID: 5440729
  • Report
  • July 2021
  • Region: Global
  • 110 Pages
  • Fairfield Market Research
Global Cocoa Butter Market Will Record a CAGR of 5.1% from 2020 to 2025 and Be Worth US$75,605 Million by the End of the Forecast Period

FEATURED COMPANIES

  • Barry Callebaut
  • Cargill Incorporated
  • Guan Chong Berhad Group
  • JBCOCOA Sdn. Bhd
  • Moner Cocoa, S.A.
  • NATRA
The global cocoa butter market is estimated to be worth US$7,5605 Mn by the end of 2025 as the ingredient finds a critical role in a wide range of applications. As its benefits expand to cosmetics and pharmaceuticals from food, the market is expected to register a CAGR of 5.1% between 2020 and 2025. The global chocolate and confectionery industry will be the topmost contenders in the global cocoa butter market as the ingredient lends a unique flavour and texture to end products. Chocolatiers across the globe have consistently used cocoa butter for its enticing aroma. As the sales of chocolate in varied forms continue to soar, it will raise the demand for cocoa butter significantly. The launch of premium chocolates, use of chocolate as a flavour in cereals, candies and bars, baked products, syrups, coatings and fillings, and beverages is expected to bode well for the global cocoa market.

Key Insights into Cocoa Butter Market:

  • The food segment to register a CAGR of 5.2% in the global cocoa market as companies experiment with flavours
  • The cosmetic segment to grow 1.3x between 2020 and 2025 as consumers realise the benefits of cocoa butter in skincare products
  • Europe cocoa butter market to gain an incremental dollar opportunity of US$ 886.4 million by 2025
  • Companies to focus on voluntary sustainable standards (VSS) in cocoa harvesting to bridge the widening socio-economic gap in key producing countries

Cocoa Butter’s Benefits to Skin Improves Sales of Cocoa-enriched Cosmetic Products


Cocoa butter, a rich natural fat, has multiple benefits when added to cosmetics. As a growing number of cosmetics companies realize this, they have bumped up the sales of cocoa butter. The restorative properties have won cocoa butter a permanent spot in the production of emollients that penetrate the skin and repair the damage, restoring the glow. Its primary nature of moisturising the skin has garnered increased attention from most cosmetic companies, making it an essential ingredient in the wide range of moisturisers, balms, and creams. As skincare becomes an integral part of the young urban, the demand for cocoa-enriched products has reached new heights.

Food and Beverages Industry Remains Critical to the Growth of Global Cocoa Butter Market


The food industry will continue its historical trend of being one of the key consumers of cocoa butter. Used in a wide range of food products, growing number of home bakers, higher appeal of artisanal bakers, and launch of new products will up the consumption of cocoa in this industry. Ready-to-eat products, frozen food, chocolatey beverages, and ready-to-bake items are expected to drive the demand for cocoa butter in the coming years. A cooking trend that leans towards quick fixes and easy solutions is expected to indirectly impact the global cocoa butter market as consumers seek the desirable chocolate flavour.

Asia Pacific’s Food and Beverages and Cosmetics Industries Favour Cocoa Butter Market


Historically, Côte d'Ivoire, Nigeria, and Ghana have been the key countries producing cocoa butter, making West Africa a leading region in the global market. However, key volumes are also produced in Dominican Republic, Ecuador, and Peru. West Africa is expected to continue its lead in the coming years while South America will remain the second-largest contributor to global production.

In terms of consumption, Asia Pacific is expected to emerge as a clear leader as the income rise amongst the overall population has skyrocketed. The region is expected to gain an incremental dollar opportunity of 248.8 million by 2025. Improving access to baked items, confectionery products, and packaged food and beverages are expected to drive the regional market. Investments in artisanal bakeries by hospitality stalwarts in developing economies of India and China, a population characterised by a younger demographic, and higher spending on flavoured beverages is expected to up the consumption of cocoa butter in this region.

Meanwhile, the booming cosmetics industry in Asia Pacific is also expected to favour the growth of the cocoa butter market. The influx of local brands, strong product positioning of skincare products, and awareness about necessary skincare are all expected to fuel the demand for cocoa butter as an ingredient in cosmetics.

Key Players to Invest in Making Cocoa Butter a Sustainable Business to Win Clout with Consumers


Some of the key players operating in the global cocoa butter market are Olam International, Barry Callebaut AG, Cargill Inc., Archer-Daniels-Midland Company, SunOpta, Inc, Natra S.A., Guan Chong Berhad Group, JBCOCOA Sdn. Bhd, Moner Cocoa, S.A. and United Cocoa Processor, Inc.

While working on delivering better products that allow a more visceral experience, companies are also working on collaborating with procuring sustainable cocoa butter. Cocoa butter extraction for years has been mired in controversies about income disparity and reduced yields due to climate change, deforestation, and child and forced labour. To tackle these issues, companies such as Mondelez International launched their own Cocoa Life scheme that aims to tackle these issues. In many ways, assuming social responsibility at corporate levels is expected to help brands build a positive brand image to boost sales amongst educated and aware consumers making more conscious decisions.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Barry Callebaut
  • Cargill Incorporated
  • Guan Chong Berhad Group
  • JBCOCOA Sdn. Bhd
  • Moner Cocoa, S.A.
  • NATRA
1. Executive Summary
1.1. Global Cocoa Butter Market Snapshot
1.2. Key Market Trends
1.3. Analyst Recommendations

2. Market Overview
2.1. Market Definitions
2.2. Market Taxonomy
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.4. Value Chain Analysis
2.5. Porter’s Five Forces Analysis
2.6. Covid-19 Impact Analysis

3. Global Cocoa and Cocoa Butter Production & Trade Statistics
3.1. Global Cocoa Production Overview
3.2. Global Cocoa Bean Volume Processor Analysis
3.3. Global Cocoa Consumption Overview
3.4. Global Cocoa Bean Export Overview
3.5. Global Cocoa Bean Export Overview
3.6. Global Cocoa Bean Pricing Analysis
3.7. Cocoa Butter Production Process Overview
3.8. Cocoa Butter, Fat & Oil Export Overview
3.9. Cocoa Butter, Fat & Oil Import Overview
3.10. Cocoa Butter Pricing Analysis

4. Global Cocoa Butter Market Outlook, 2017 - 2025
4.1. Global Cocoa Butter Market Outlook, by Region, Volume (Tons) and Value (US$ Mn), 2017 - 2025
4.1.1. Key Highlights
4.1.1.1. North America
4.1.1.2. Europe
4.1.1.3. Asia Pacific
4.1.1.4. Latin America
4.1.1.5. Middle East & Africa
4.1.2. BPS Analysis - 2020 - 2025
4.2. Global Cocoa Butter Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2017 - 2025
4.2.1. Key Highlights
4.2.1.1. Blocks
4.2.1.2. Liquid
4.2.1.3. Powder
4.2.2. BPS Analysis - 2020-2025
4.3. Global Cocoa Butter Market Outlook, by Product Type, Volume (Tons) and Value (US$ Mn), 2017 - 2025
4.3.1. Key Highlights
4.3.1.1. Fully Deodorized
4.3.1.2. Natural
4.3.1.3. Semi Deodorized
4.3.2. BPS Analysis - 2020 - 2025
4.4. Global Cocoa Butter Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017 - 2025
4.4.1. Key Highlights
4.4.1.1. Organic
4.4.1.2. Conventional
4.4.2. BPS Analysis - 2020 - 2025
4.5. Global Cocoa Butter Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017 - 2025
4.5.1. Key Highlights
4.5.1.1. Food
4.5.1.1.1. Bakery
4.5.1.1.2. Confectionery
4.5.1.1.3. Frozen Dessert
4.5.1.1.4. Pet Food
4.5.1.2. Beverages
4.5.1.3. Pharmaceutical
4.5.1.4. Cosmetics
4.5.2. BPS Analysis - 2020 - 2025

5. North America Cocoa Butter Market Outlook, 2017 - 2025
5.1. North America Cocoa Butter Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017 - 2025
5.1.1. Key Highlights
5.1.1.1. U.S. Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
5.1.1.2. Canada Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
5.1.2. BPS Analysis - 2020 - 2025
5.2. North America Cocoa Butter Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2017 - 2025
5.2.1. Key Highlights
5.2.1.1. Blocks
5.2.1.2. Liquid
5.2.1.3. Powder
5.2.2. BPS Analysis - 2020 - 2025
5.3. North America Cocoa Butter Market Outlook, by Product Type, Volume (Tons) and Value (US$ Mn), 2017 - 2025
5.3.1. Key Highlights
5.3.1.1. Fully Deodorized
5.3.1.2. Natural
5.3.1.3. Semi Deodorized
5.3.2. BPS Analysis - 2020 - 2025
5.4. North America Cocoa Butter Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017 - 2025
5.4.1. Key Highlights
5.4.1.1. Organic
5.4.1.2. Conventional
5.4.2. BPS Analysis - 2020 - 2025
5.5. North America Cocoa Butter Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017 - 2025
5.5.1. Key Highlights
5.5.1.1. Food
5.5.1.1.1. Bakery
5.5.1.1.2. Confectionery
5.5.1.1.3. Frozen Dessert
5.5.1.1.4. Pet Food
5.5.1.2. Beverages
5.5.1.3. Pharmaceutical
5.5.1.4. Cosmetics
5.5.2. BPS Analysis - 2020 - 2025

6. Europe Cocoa Butter Market Outlook, 2017 - 2025
6.1. Europe Cocoa Butter Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1. Key Highlights
6.1.1.1. Germany Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.2. France Cocoa Butter Market by Product, Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.3. U.K. Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.4. Italy Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.5. Spain Cocoa Butter Market by Product, Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.6. Netherland Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.7. Switzerland Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.8. Belgium Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.9. Russia Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.10. Poland Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.1.11. Rest of Europe Cocoa Butter Market Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.1.2. BPS Analysis - 2020 - 2025
6.2. Europe Cocoa Butter Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.2.1. Key Highlights
6.2.1.1. Blocks
6.2.1.2. Liquid
6.2.1.3. Powder
6.2.2. BPS Analysis - 2020 - 2025
6.3. Europe Cocoa Butter Market Outlook, by Product Type, Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.3.1. Key Highlights
6.3.1.1. Fully Deodorized
6.3.1.2. Natural
6.3.1.3. Semi Deodorized
6.3.2. BPS Analysis - 2020 - 2025
6.4. Europe Cocoa Butter Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.4.1. Key Highlights
6.4.1.1. Organic
6.4.1.2. Conventional
6.4.2. BPS Analysis - 2020 - 2025
6.5. Europe Cocoa Butter Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017 - 2025
6.5.1. Key Highlights
6.5.1.1. Food
6.5.1.1.1. Bakery
6.5.1.1.2. Confectionery
6.5.1.1.3. Frozen Dessert
6.5.1.1.4. Pet Food
6.5.1.2. Beverages
6.5.1.3. Pharmaceutical
6.5.1.4. Cosmetics
6.5.2. BPS Analysis - 2020 - 2025

7. Asia Pacific Cocoa Butter Market Outlook, 2017 - 2025
7.1. Asia Pacific Cocoa Butter Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.1.1. Key Highlights
7.1.1.1. China Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.1.1.2. Japan Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.1.1.3. India Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.1.1.4. Australia Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.1.1.5. Singapore Cocoa Butter Market Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.1.1.6. Indonesia Cocoa Butter Market Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.1.1.7. New Zealand Cocoa Butter Market Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.1.1.8. Rest of Asia Pacific Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.1.2. BPS Analysis - 2020 - 2025
7.2. Asia Pacific Cocoa Butter Market Outlook, by Form Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.2.1. Key Highlights
7.2.1.1. Blocks
7.2.1.2. Liquid
7.2.1.3. Powder
7.2.2. BPS Analysis
7.3. Asia Pacific Cocoa Butter Market Outlook, by Product Type Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.3.1. Key Highlights
7.3.1.1. Fully Deodorized
7.3.1.2. Natural
7.3.1.3. Semi Deodorized
7.3.2. BPS Analysis
7.4. Asia Pacific Cocoa Butter Market Outlook, by Nature Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.4.1. Key Highlights
7.4.1.1. Organic
7.4.1.2. Conventional
7.4.2. BPS Analysis
7.5. Asia Pacific Cocoa Butter Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017 - 2025
7.5.1. Key Highlights
7.5.1.1. Food
7.5.1.1.1. Bakery
7.5.1.1.2. Confectionery
7.5.1.1.3. Frozen Dessert
7.5.1.1.4. Pet Food
7.5.1.2. Beverages
7.5.1.3. Pharmaceutical
7.5.1.4. Cosmetics
7.5.2. BPS Analysis - 2020 - 2025

8. Latin America Cocoa Butter Market Outlook, 2017 - 2025
8.1. Latin America Cocoa Butter Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017 - 2025
8.1.1. Key Highlights
8.1.1.1. Brazil Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
8.1.1.2. Mexico Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
8.1.1.3. Argentina Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
8.1.1.4. Rest of Latin America Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
8.1.2. BPS Analysis - 2020 - 2025
8.2. Latin America Cocoa Butter Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2017 - 2025
8.2.1. Key Highlights
8.2.1.1. Blocks
8.2.1.2. Liquid
8.2.1.3. Powder
8.2.2. BPS Analysis - 2020 - 2025
8.3. Latin America Cocoa Butter Market Outlook, by Product Type, Volume (Tons) and Value (US$ Mn), 2017 - 2025
8.3.1. Key Highlights
8.3.1.1. Fully Deodorized
8.3.1.2. Natural
8.3.1.3. Semi Deodorized
8.3.2. BPS Analysis - 2020 - 2025
8.4. Latin America Cocoa Butter Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017 - 2025
8.4.1. Key Highlights
8.4.1.1. Organic
8.4.1.2. Conventional
8.4.2. BPS Analysis - 2020 - 2025
8.5. Latin America Cocoa Butter Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017 - 2025
8.5.1. Key Highlights
8.5.1.1. Food
8.5.1.1.1. Bakery
8.5.1.1.2. Confectionery
8.5.1.1.3. Frozen Dessert
8.5.1.1.4. Pet Food
8.5.1.2. Beverages
8.5.1.3. Pharmaceutical
8.5.1.4. Cosmetics
8.5.2. BPS Analysis - 2020 - 2025

9. Middle East & Africa Cocoa Butter Market Outlook, 2017 - 2025
9.1. Middle East & Africa Cocoa Butter Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.1.1. Key Highlights
9.1.1.1. UAE Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.1.1.2. Saudi Arabia Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.1.1.3. South Africa Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.1.1.4. Israel Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.1.1.5. Rest of Middle East & Africa Cocoa Butter Market by Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.1.2. BPS Analysis - 2020 - 2025
9.2. Middle East & Africa Cocoa Butter Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.2.1. Key Highlights
9.2.1.1. Blocks
9.2.1.2. Liquid
9.2.1.3. Powder
9.2.2. BPS Analysis - 2020 - 2025
9.3. Middle East & Africa Cocoa Butter Market Outlook, by Product Type, Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.3.1. Key Highlights
9.3.1.1. Fully Deodorized
9.3.1.2. Natural
9.3.1.3. Semi Deodorized
9.3.2. BPS Analysis - 2020 - 2025
9.4. Middle East & Africa Cocoa Butter Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.4.1. Key Highlights
9.4.1.1. Organic
9.4.1.2. Conventional
9.4.2. BPS Analysis - 2020 - 2025
9.5. Middle East & Africa Cocoa Butter Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017 - 2025
9.5.1. Key Highlights
9.5.1.1. Food
9.5.1.1.1. Bakery
9.5.1.1.2. Confectionery
9.5.1.1.3. Frozen Dessert
9.5.1.1.4. Pet Food
9.5.1.2. Beverages
9.5.1.3. Pharmaceutical
9.5.1.4. Cosmetics
9.5.2. BPS Analysis - 2020 - 2025

10. Competitive Landscape
10.1. Company Market Share Analysis, 2020
10.2. Company Profiles
10.2.1. Olam International Ltd
10.2.1.1. Company Overview
10.2.1.2. Business Segment Revenue
10.2.1.3. Regional Presence
10.2.1.4. Product Offering & Presence
10.2.1.4.1. By Application
10.2.1.4.2. By Form
10.2.1.5. Product Description
10.2.2. Barry Callebaut
10.2.2.1. Company Overview
10.2.2.2. Business Segment Revenue
10.2.2.3. Regional Presence
10.2.2.4. Product Offering & Presence
10.2.2.4.1. By Application
10.2.2.4.2. By Form
10.2.2.5. Product Description
10.2.3. Cargill Inc
10.2.3.1. Company Overview
10.2.3.2. Regional Presence
10.2.3.3. Product Offering & Presence
10.2.3.3.1. By Application
10.2.3.3.2. By Form
10.2.3.4. Product Description
10.2.4. Archer-Daniels-Midland Company
10.2.4.1. Company Overview
10.2.4.2. Business Segment Revenue
10.2.4.3. Regional Presence
10.2.4.4. Product Offering & Presence
10.2.4.4.1. By Application
10.2.4.4.2. By Form
10.2.4.5. Product Description
10.2.5. SunOpta Inc
10.2.5.1. Company Overview
10.2.5.2. Business Segment Revenue
10.2.5.3. Regional Presence
10.2.5.4. Product Offering & Presence
10.2.5.4.1. By Application
10.2.5.4.2. By Form
10.2.5.5. Product Description
10.2.6. Natra
10.2.6.1. Company Overview
10.2.6.2. Regional Presence
10.2.6.3. Product Offering & Presence
10.2.6.3.1. By Application
10.2.6.3.2. By Form
10.2.6.4. Product Description
10.2.7. Guan Chong Berhad Group
10.2.7.1. Company Overview
10.2.7.2. Regional Presence
10.2.7.3. Product Offering & Presence
10.2.7.3.1. By Application
10.2.7.3.2. By Form
10.2.7.4. Product Description
10.2.8. JBCOCOA Sdn. Bhd
10.2.8.1. Company Overview
10.2.8.2. Regional Presence
10.2.8.3. Product Offering & Presence
10.2.8.3.1. By Application
10.2.8.3.2. By Form
10.2.8.4. Product Description
10.2.9. Moner Cocoa, S.A.
10.2.9.1. Company Overview
10.2.9.2. Regional Presence
10.2.9.3. Product Offering & Presence
10.2.9.3.1. By Application
10.2.9.3.2. By Form
10.2.9.4. Product Description
10.2.10. United Cocoa Processor, Inc
10.2.10.1. Company Overview
10.2.10.2. Regional Presence
10.2.10.3. Product Offering & Presence
10.2.10.3.1. By Application
10.2.10.3.2. By Form
10.2.10.4. Product Description

11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Olam International Ltd
  • Barry Callebaut
  • Cargill Incorporated
  • Archer-Daniels-Midland Company
  • SunOpta Inc
  • NATRA
  • Guan Chong Berhad Group
  • JBCOCOA Sdn. Bhd
  • Moner Cocoa, S.A.
  • United Cocoa Processor, Inc
Note: Product cover images may vary from those shown

Loading
LOADING...