Cocoa Butter Market Scope
Cocoa butter (CB) is a byproduct of the cocoa bean processing industry, made from the mature bean of the Theobroma cacao tree. It's a key element in chocolate and other sweets. It's prized for its one-of-a-kind physicochemical qualities, which are attributed to its unusual fatty acid content. The primary triacylglycerols (TAG) in CB are symmetrical and contain relatively little highly unsaturated fatty acid. Palmitic acid, stearic acid, oleic acid, and linoleic acid are the primary fatty acids found in it, with little levels of lauric acid and myristic acid. Increased demand and scarcity of CB, poor quality of individual harvests, economic benefits, and some technological advantages have prompted the demand for Cocoa butter as a key ingredient among different industry verticals.
The Cocoa Butter market study is segmented, by Application (Food & Beverage Industry, Pharmaceuticals and Personal Care & Cosmetics) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Indian Players will contribute to the maximum growth of Global Cocoa Butter market throughout the predicted period.
Cargill Inc. (United States), Shirin Asal Food Industrial Group PJSC (Iran), Bolmay Cocoa. (India), Barry Callebaut AG (Switzerland), SunOpta Inc. (Canada), Parchem Fine & Specialty Chemicals. (United States), Jindal Drugs Pvt Ltd. (India), Natra S.A. (Spain), Cargill, Incorporated. (United States) and Bo International (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Clia Naturals (India), Aethon International LLP (India), VedaOils (India), Olam International (Singapore) and Briofeed Private Limited (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Cocoa Butter market by Type, Application and Region.
On the basis of geography, the market of Cocoa Butter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 19th April, 2021 - Palmer's (US Based Leading Cocoa Butter Brand) Launched New Cocoa Butter Formula + Biotin Length Retention Hair System. The New Formula Fortifies Hair with Natural Protectants That Help Prevent Fragility, Brittleness, And Split Ends, Allowing Hair to Grow to Its Full Potential.
- Rising Demand for Organic Products
- Growth in Personal Care Industry
- Increasing Applications Across Cosmetics
- Increasing Pharma Infrastructure Across Emerging Regions
- High-Cost Expenses
- Raw Material Price Fluctuation
- Presence of Substitute Products
Key Target AudienceCocoa Butter Manufactures, New Entrants and Investors, Cocoa Butter Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Cocoa Butter Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.