The global Cocoa Butter Equivalent (CBE) market size was valued at US$ 1800 million in 2024 and is forecast to a readjusted size of USD 2352 million by 2031 with a CAGR of 3.9% during review period.
Cocoa Butter Equivalent (CBE) refers to fats and oils that are used as substitutes for cocoa butter in chocolate and confectionery products. Cocoa butter is a key ingredient in chocolate, providing its unique texture, flavor, and melting properties. However, due to factors such as cost fluctuations and limited availability, manufacturers sometimes seek alternatives that mimic cocoa butter's characteristics.
CBEs are usually vegetable fats or oils that have similar physical properties to cocoa butter, such as melting point and crystalline structure. They can be derived from sources like palm oil, shea butter, illipe butter, and other vegetable oils. The goal is to create a cost-effective alternative while maintaining the desirable qualities of cocoa butter in the final product.
The main global producers of cocoa butter equivalent (CBE) include AAK, Bunge Loders Croklaan, Wilmar International, Fuji Oil, Olam International, etc. The top three companies account for approximately 49% of the market share. Europe is the world's largest cocoa butter market, accounting for 43% of the global cocoa butter market share, followed by North America and the Asia Pacific region.
In terms of products, mango butter is the largest niche market, accounting for approximately 46%. In terms of application, the largest application is candy, accounting for approximately 57% of the market share.
This report is a detailed and comprehensive analysis for global Cocoa Butter Equivalent (CBE) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Cocoa Butter Equivalent (CBE) market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Cocoa Butter Equivalent (CBE) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Cocoa Butter Equivalent (CBE) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Cocoa Butter Equivalent (CBE) market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Cocoa Butter Equivalent (CBE)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Cocoa Butter Equivalent (CBE) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AAK, Bunge Loders Croklaan, Wilmar International, Fuji Oil, Olam International, Mewah Group, Nisshin Oillio, Manorama Group, FGV IFFCO, Musim Mas, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Cocoa Butter Equivalent (CBE) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Shea Butter
Palm Oil
Sal Fat
Kokum Butter
Mango Butter
Market segment by Application
Confectionery
Food & Beverage
Cosmetics
Others
Major players covered
AAK
Bunge Loders Croklaan
Wilmar International
Fuji Oil
Olam International
Mewah Group
Nisshin Oillio
Manorama Group
FGV IFFCO
Musim Mas
EFKO
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Cocoa Butter Equivalent (CBE) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Cocoa Butter Equivalent (CBE), with price, sales quantity, revenue, and global market share of Cocoa Butter Equivalent (CBE) from 2020 to 2025.
Chapter 3, the Cocoa Butter Equivalent (CBE) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cocoa Butter Equivalent (CBE) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Cocoa Butter Equivalent (CBE) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Cocoa Butter Equivalent (CBE).
Chapter 14 and 15, to describe Cocoa Butter Equivalent (CBE) sales channel, distributors, customers, research findings and conclusion.
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1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Cocoa Butter Equivalent (CBE) Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Shea Butter
1.3.3 Palm Oil
1.3.4 Sal Fat
1.3.5 Kokum Butter
1.3.6 Mango Butter
1.4 Market Analysis by Application
1.4.1 Overview: Global Cocoa Butter Equivalent (CBE) Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Confectionery
1.4.3 Food & Beverage
1.4.4 Cosmetics
1.4.5 Others
1.5 Global Cocoa Butter Equivalent (CBE) Market Size & Forecast
1.5.1 Global Cocoa Butter Equivalent (CBE) Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Cocoa Butter Equivalent (CBE) Sales Quantity (2020-2031)
1.5.3 Global Cocoa Butter Equivalent (CBE) Average Price (2020-2031)
2 Manufacturers Profiles
2.1 AAK
2.1.1 AAK Details
2.1.2 AAK Major Business
2.1.3 AAK Cocoa Butter Equivalent (CBE) Product and Services
2.1.4 AAK Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 AAK Recent Developments/Updates
2.2 Bunge Loders Croklaan
2.2.1 Bunge Loders Croklaan Details
2.2.2 Bunge Loders Croklaan Major Business
2.2.3 Bunge Loders Croklaan Cocoa Butter Equivalent (CBE) Product and Services
2.2.4 Bunge Loders Croklaan Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Bunge Loders Croklaan Recent Developments/Updates
2.3 Wilmar International
2.3.1 Wilmar International Details
2.3.2 Wilmar International Major Business
2.3.3 Wilmar International Cocoa Butter Equivalent (CBE) Product and Services
2.3.4 Wilmar International Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Wilmar International Recent Developments/Updates
2.4 Fuji Oil
2.4.1 Fuji Oil Details
2.4.2 Fuji Oil Major Business
2.4.3 Fuji Oil Cocoa Butter Equivalent (CBE) Product and Services
2.4.4 Fuji Oil Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Fuji Oil Recent Developments/Updates
2.5 Olam International
2.5.1 Olam International Details
2.5.2 Olam International Major Business
2.5.3 Olam International Cocoa Butter Equivalent (CBE) Product and Services
2.5.4 Olam International Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Olam International Recent Developments/Updates
2.6 Mewah Group
2.6.1 Mewah Group Details
2.6.2 Mewah Group Major Business
2.6.3 Mewah Group Cocoa Butter Equivalent (CBE) Product and Services
2.6.4 Mewah Group Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Mewah Group Recent Developments/Updates
2.7 Nisshin Oillio
2.7.1 Nisshin Oillio Details
2.7.2 Nisshin Oillio Major Business
2.7.3 Nisshin Oillio Cocoa Butter Equivalent (CBE) Product and Services
2.7.4 Nisshin Oillio Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Nisshin Oillio Recent Developments/Updates
2.8 Manorama Group
2.8.1 Manorama Group Details
2.8.2 Manorama Group Major Business
2.8.3 Manorama Group Cocoa Butter Equivalent (CBE) Product and Services
2.8.4 Manorama Group Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Manorama Group Recent Developments/Updates
2.9 FGV IFFCO
2.9.1 FGV IFFCO Details
2.9.2 FGV IFFCO Major Business
2.9.3 FGV IFFCO Cocoa Butter Equivalent (CBE) Product and Services
2.9.4 FGV IFFCO Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 FGV IFFCO Recent Developments/Updates
2.10 Musim Mas
2.10.1 Musim Mas Details
2.10.2 Musim Mas Major Business
2.10.3 Musim Mas Cocoa Butter Equivalent (CBE) Product and Services
2.10.4 Musim Mas Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Musim Mas Recent Developments/Updates
2.11 EFKO
2.11.1 EFKO Details
2.11.2 EFKO Major Business
2.11.3 EFKO Cocoa Butter Equivalent (CBE) Product and Services
2.11.4 EFKO Cocoa Butter Equivalent (CBE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 EFKO Recent Developments/Updates
3 Competitive Environment: Cocoa Butter Equivalent (CBE) by Manufacturer
3.1 Global Cocoa Butter Equivalent (CBE) Sales Quantity by Manufacturer (2020-2025)
3.2 Global Cocoa Butter Equivalent (CBE) Revenue by Manufacturer (2020-2025)
3.3 Global Cocoa Butter Equivalent (CBE) Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of Cocoa Butter Equivalent (CBE) by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 Cocoa Butter Equivalent (CBE) Manufacturer Market Share in 2024
3.4.3 Top 6 Cocoa Butter Equivalent (CBE) Manufacturer Market Share in 2024
3.5 Cocoa Butter Equivalent (CBE) Market: Overall Company Footprint Analysis
3.5.1 Cocoa Butter Equivalent (CBE) Market: Region Footprint
3.5.2 Cocoa Butter Equivalent (CBE) Market: Company Product Type Footprint
3.5.3 Cocoa Butter Equivalent (CBE) Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Cocoa Butter Equivalent (CBE) Market Size by Region
4.1.1 Global Cocoa Butter Equivalent (CBE) Sales Quantity by Region (2020-2031)
4.1.2 Global Cocoa Butter Equivalent (CBE) Consumption Value by Region (2020-2031)
4.1.3 Global Cocoa Butter Equivalent (CBE) Average Price by Region (2020-2031)
4.2 North America Cocoa Butter Equivalent (CBE) Consumption Value (2020-2031)
4.3 Europe Cocoa Butter Equivalent (CBE) Consumption Value (2020-2031)
4.4 Asia-Pacific Cocoa Butter Equivalent (CBE) Consumption Value (2020-2031)
4.5 South America Cocoa Butter Equivalent (CBE) Consumption Value (2020-2031)
4.6 Middle East & Africa Cocoa Butter Equivalent (CBE) Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global Cocoa Butter Equivalent (CBE) Sales Quantity by Type (2020-2031)
5.2 Global Cocoa Butter Equivalent (CBE) Consumption Value by Type (2020-2031)
5.3 Global Cocoa Butter Equivalent (CBE) Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global Cocoa Butter Equivalent (CBE) Sales Quantity by Application (2020-2031)
6.2 Global Cocoa Butter Equivalent (CBE) Consumption Value by Application (2020-2031)
6.3 Global Cocoa Butter Equivalent (CBE) Average Price by Application (2020-2031)
7 North America
7.1 North America Cocoa Butter Equivalent (CBE) Sales Quantity by Type (2020-2031)
7.2 North America Cocoa Butter Equivalent (CBE) Sales Quantity by Application (2020-2031)
7.3 North America Cocoa Butter Equivalent (CBE) Market Size by Country
7.3.1 North America Cocoa Butter Equivalent (CBE) Sales Quantity by Country (2020-2031)
7.3.2 North America Cocoa Butter Equivalent (CBE) Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe Cocoa Butter Equivalent (CBE) Sales Quantity by Type (2020-2031)
8.2 Europe Cocoa Butter Equivalent (CBE) Sales Quantity by Application (2020-2031)
8.3 Europe Cocoa Butter Equivalent (CBE) Market Size by Country
8.3.1 Europe Cocoa Butter Equivalent (CBE) Sales Quantity by Country (2020-2031)
8.3.2 Europe Cocoa Butter Equivalent (CBE) Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Cocoa Butter Equivalent (CBE) Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Cocoa Butter Equivalent (CBE) Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Cocoa Butter Equivalent (CBE) Market Size by Region
9.3.1 Asia-Pacific Cocoa Butter Equivalent (CBE) Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Cocoa Butter Equivalent (CBE) Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America Cocoa Butter Equivalent (CBE) Sales Quantity by Type (2020-2031)
10.2 South America Cocoa Butter Equivalent (CBE) Sales Quantity by Application (2020-2031)
10.3 South America Cocoa Butter Equivalent (CBE) Market Size by Country
10.3.1 South America Cocoa Butter Equivalent (CBE) Sales Quantity by Country (2020-2031)
10.3.2 South America Cocoa Butter Equivalent (CBE) Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Cocoa Butter Equivalent (CBE) Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Cocoa Butter Equivalent (CBE) Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Cocoa Butter Equivalent (CBE) Market Size by Country
11.3.1 Middle East & Africa Cocoa Butter Equivalent (CBE) Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Cocoa Butter Equivalent (CBE) Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 Cocoa Butter Equivalent (CBE) Market Drivers
12.2 Cocoa Butter Equivalent (CBE) Market Restraints
12.3 Cocoa Butter Equivalent (CBE) Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Cocoa Butter Equivalent (CBE) and Key Manufacturers
13.2 Manufacturing Costs Percentage of Cocoa Butter Equivalent (CBE)
13.3 Cocoa Butter Equivalent (CBE) Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Cocoa Butter Equivalent (CBE) Typical Distributors
14.3 Cocoa Butter Equivalent (CBE) Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
AAK
Bunge Loders Croklaan
Wilmar International
Fuji Oil
Olam International
Mewah Group
Nisshin Oillio
Manorama Group
FGV IFFCO
Musim Mas
EFKO
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*If Applicable.