Published on : Mar 01, 2019
Albany, New York, March 1, 2019: Cocoa butter has found profound use in making chocolate coatings and thinning chocolate. It has also found its application in baking applications, but not frequently, as it hardens at room temperature making it less ideal for creaming methods, provided it is not combined with other liquid fats. The use of cocoa butter in dark chocolate and milk chocolate has augured well for the market. These introductory insights are in according to the report titled, “Cocoa Butter Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” which has been lately added to Market Research Hub’s (MRH) extensive repository.
Cocoa butter has become an imperative component of eating chocolate. Though chocolate liquor in manufacturing eating chocolate already contains cocoa butter, market players use the butter as an additional amount to produce a molded product. Besides, rising demand for chocolate in frozen dessert and dairy is expected to fuel the growth of the market.
Owing to uncertainty in availability and soaring price, industries are looking for substitutes for cocoa butter. With respect to functional differences in the vegetable fats added to chocolate, cocoa butter alternatives are labelled as cocoa butter equivalents and cocoa butter replacer. However, these substitutes does not appear to replace cocoa butter on account of its unfulfilling taste and texture.
According to International Cocoa Organization report, cocoa will brace itself for a high production during the 2018/19 season as leading producers are projected to maintain their record crop levels. The first month of January 2019 witnessed a cumulative cocoa arrivals at Cote d’Ivoire were recorded at 1.195 million tons.
Cocoa Butter Market: Report Content
The report offers a robust analysis on the cocoa butter market with qualitative and quantitative analysis. The report presents a lucid picture of the dynamics of the market, expanding to drivers, opportunities, trends and restraints. These factors become paramount and have great influence in the growth of the cocoa butter market. Further, the report includes the segmentation of the cocoa butter market to provide a holistic view. The market is segmented on the basis of product type, product form, nature, end-use and region.
The report starts with a comprehensive executive summary followed by market background section. The market background section delves into macro-economic factors and value chain analysis. The report also includes technological advancements and mergers and acquisition which have considerable impact in the growth of the cocoa butter market. The report shows the global food and beverage industry outlook. The report also includes market structure analysis which sheds light on market share analysis of top players along with market presence analysis of players. The report also shows the technology roadmap of the market.
The last section delves into the competitive landscape of the cocoa butter market with a competition dashboard, developments, benchmarking and deep dive. The section elucidates overview, product portfolio, sales footprint and strategy of leading players in the market.
Cocoa Butter Market: Research Methodology
The report on cocoa butter market is based on the demand-supply approach. The qualitative factors assessed in the course of estimation incorporate recurrence rate, treatment rates for cocoa butter. Further, validation of the information is done through primary sources, incorporating surveys, interviews, in-person interactions, opinion of seasoned analyst along with secondary sources encompassing trade journals, verified paid sources and resourceful databases.
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