How big is the Cocoa Butter Equivalent Market?
According to 6Wresearch internal database and industry insights, the
Global cocoa butter equivalent (CBE) market was valued at approximately USDâ¯1.12â¯billion in 2024 and is projected to reach USDâ¯2.03â¯billion by 2031, growing at a CAGR of 8.6%.
This growth is driven by increasing demand in the confectionery and cosmetics industries, along with rising cocoa butter prices and growing preference for cost-effective, functional substitutes derived from vegetable fats.
Key Growth Drivers of the Cocoa Butter Equivalent Market
- Rising demand for affordable and stable substitutes in chocolate production
- Volatility in cocoa butter supply and pricing encouraging use of CBEs
- Expanding applications in personal care, cosmetics, and pharmaceuticals
- Technological advancements in fat modification and blending processes
- Growth of clean-label and plant-based food products
Cocoa Butter Equivalent Market Trends
The Cocoa Butter Equivalent Market is seeing increased use of palm kernel oil, shea butter, sal fat, and mango kernel oil as cocoa butter equivalents. Manufacturers are focusing on developing CBEs that match the texture, melting point, and flavor profile of natural cocoa butter. Demand is also rising for non-GMO and RSPO-certified sustainable sources. In cosmetics, CBEs are used for their emollient and moisturizing properties, especially in lotions, lip balms, and soaps.
Emerging Developments in the Cocoa Butter Equivalent Market
Recent developments include the rise of enzymatic interesterification and fractionation technologies to enhance compatibility with cocoa butter. Companies are exploring new plant-based fat sources and working toward palm-free CBEs to meet environmental and ethical standards. R&D is focused on improving oxidative stability, mouthfeel, and shelf life. Collaborations between chocolate manufacturers and specialty fat producers are driving innovation in premium confectionery segments.
Major Companies in the Cocoa Butter Equivalent Market
- AAK AB
- Wilmar International Limited
- Bunge Limited
- Cargill, Incorporated
- Fuji Oil Co., Ltd.
- 3F Industries Ltd.
- Mewah Group
- Manorama Industries Limited
- The Nisshin OilliO Group, Ltd.
- IOI Loders Croklaan
How big is the Cocoa Butter Equivalent Market : FAQ's
The cocoa butter equivalent market was valued at USD 1.12 billion in 2024 and is projected to reach USD 2.03 billion by 2031.
The cocoa butter equivalent market is expected to grow at a CAGR of 8.6% during the forecast period of 2025 to 2031.
Confectionery products, baked goods, personal care items, cosmetics, and nutraceuticals.
Cost-efficiency, rising cocoa butter prices, functional versatility, and demand for plant-based alternatives.
Flavor compatibility issues, regulatory restrictions, and dependency on specific oilseed crops.
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