Cocoa Butter Substitutes Market

Cocoa Butter Substitutes (CBS) are lauric based, hardened, non-tempered fats that are used as a substitute for cocoa butter and are ideal for compound chocolate and moulded products, while they are also excellent as coatings for biscuits and wafers.

Cocoa Butter Substitutes Market contains market size and forecasts of Cocoa Butter Substitutes (CBS) in global, including the following market information:

Global Cocoa Butter Substitutes (CBS) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Cocoa Butter Substitutes (CBS) Market Sales, 2017-2022, 2023-2028, (K Tons)

Global top five Cocoa Butter Substitutes (CBS) companies in 2021 (%)

The global Cocoa Butter Substitutes (CBS) market was valued at 464.3 million in 2021 and is projected to reach US$ 588.5 million by 2028, at a CAGR of 3.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Direct Sales Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Cocoa Butter Substitutes (CBS) include AAK AB, Bunge Loders Croklaan, Wilmar International, Fuji Oil, Cargill, Premium Vegetable Oils Sdn Bhd, FGV IFFCO Sdn Bhd, Nisshin Oillio and Musim Mas, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Cocoa Butter Substitutes (CBS) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Cocoa Butter Substitutes (CBS) Market, by Sales Channel, 2017-2022, 2023-2028 ($ Millions) & (K Tons)

Global Cocoa Butter Substitutes (CBS) Market Segment Percentages, by Sales Channel, 2021 (%)

Direct Sales

Indirect Sales

Global Cocoa Butter Substitutes (CBS) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Tons)

Global Cocoa Butter Substitutes (CBS) Market Segment Percentages, by Application, 2021 (%)

Food

Candy

Global Cocoa Butter Substitutes (CBS) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Tons)

Global Cocoa Butter Substitutes (CBS) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Cocoa Butter Substitutes (CBS) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Cocoa Butter Substitutes (CBS) revenues share in global market, 2021 (%)

Key companies Cocoa Butter Substitutes (CBS) sales in global market, 2017-2022 (Estimated), (K Tons)

Key companies Cocoa Butter Substitutes (CBS) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

AAK AB

Bunge Loders Croklaan

Wilmar International

Fuji Oil

Cargill

Premium Vegetable Oils Sdn Bhd

FGV IFFCO Sdn Bhd

Nisshin Oillio

Musim Mas

Olam International

Mewah Group