In a recent published report, Kenneth Research has updated the market report for Cocoa Butter Equivalent (CBE) Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Cocoa Butter Equivalent (CBE) Market products.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Cocoa Butter Equivalent Market on the basis of Analysis By Type (Shea Butter and Other Specialty Fat), By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, Mexico, U.K., Germany, France, India, China, South Korea, Brazil and Saudi Arabia).
Over the recent years, the global Cocoa Butter Equivalent industry has been growing rapidly owing to rise in demand for chocolate, high price of cocoa butter. Globally, the growth in Cocoa Butter Equivalent market is driven improvement in chocolate functionality on addition of cocoa butter equivalent.
According to Azoth Analytics research report, “Global Cocoa Butter Equivalent (CBE) Market – Volume and Value Analysis By Type, By Region, By Country: Opportunities and Forecast (2017-2022) – By Type (Shea Butter, Other Specialty Fats ), By Region (N.America, Europe, APAC, RoW), By Country (US, Canada, Mexico, Germany, France, UK, India, China, South Korea, Brazil, Saudi Arabia)”, global market is projected to display a robust growth represented by a CAGR of 7.00% by value and 9.15% by volume during 2017– 2022, chiefly driven by increase in disposable consumer income.
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Among the type, other specialty fats is projected to witness fastest growth. Among the regions, Asia Pacific is predicted to advance at the highest rate, mainly driven by large population base, rapid economic development and increase in disposable consumer income.
The report titled, “Global Cocoa Butter Equivalent (CBE) Market – Volume and Value Analysis By Type, By Region, By Country: Opportunities and Forecast (2017-2022) – By Type (Shea Butter, Other Specialty Fats ), By Region (N.America, Europe, APAC, RoW), By Country (US, Canada, Mexico, Germany, France, UK, India, China, South Korea, Brazil, Saudi Arabia)”, has covered and analysed the potential of Global Cocoa Butter Equivalent Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global cocoa butter equivalent market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Market (Actual Period: 2012-2016, Forecast Period: 2017-2022)
• Global Cocoa Butter Equivalent Market By Value
• Global Cocoa Butter Equivalent Market By Volume
• Global Cocoa Butter Equivalent Market By Type (Shea Butter, Other Specialty Fat), By Value
• Global Cocoa Butter Equivalent Market By Type (Shea Butter, Other Specialty Fat), By Volume
Regional Markets – N. America, Europe, APAC, and ROW (Actual Period: 2012-2016, Forecast Period: 2017-2022)
• Cocoa Butter Equivalent Market, By Value
• Cocoa Butter Equivalent Market, By Volume
• Cocoa Butter Equivalent Market, By Type, By Value
• Cocoa Butter Equivalent Market, By Type, By Volume
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Country Analysis – US, Canada, Mexico, UK, Germany, France, China, India, South Korea, Brazil, Saudi Arabia (Actual Period: 2012-2016, Forecast Period: 2017-2022)
• Cocoa Butter Equivalent Market, By Value
• Cocoa Butter Equivalent Market, By Volume
• Cocoa Butter Equivalent Market, By Type, By Value
Other Report Highlights
• Market Dynamics – Trends, Drivers, Challenges
• Policy and Regulation
• Company Analysis – AAK, Danisco, Fuji Oil Holdings Inc, Wilmar, IOI Group, Cargill, 3F Industries Ltd., Nisshin Oillio, Feldaiffco, Manorama Group
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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