- The market is driven by strong demand from the food and beverage industry, particularly for use in chocolate formulations where CBE can replace cocoa butter without compromising texture or taste
- Manufacturers are increasingly investing in research and development to enhance the functionality and compatibility of cocoa butter equivalents, ensuring better thermal resistance and extended shelf life
- Europe dominated the cocoa butter equivalent market with the largest revenue share of 38.9% in 2024, driven by strong demand from the confectionery and cosmetics industries, particularly in countries such as Germany, France, and the U.K.
- Asia-Pacific region is expected to witness the highest growth rate in the global cocoa butter equivalent market, driven by rapidly growing economies, increased consumption of confectionery products, and surging demand from emerging markets such as China, India, and Indonesia. Expanding middle-class populations and changing dietary preferences also play a significant role in market expansion
- The palm and palm kernel oil segment dominated the market with the largest revenue share of 39.6% in 2024, primarily due to their wide availability, cost-effectiveness, and ease of processing. These oils provide a close mimic to cocoa butter’s melting profile and are heavily used in large-scale chocolate and confectionery manufacturing. Their scalability and consistent quality make them a favorable choice for multinational food companies looking to optimize production costs.
