Cocoa Butter Equivalent Market Outlook: Share and Growth Trends 2032
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The global Cocoa Butter Equivalent (CBE) market is set to experience remarkable growth in the coming years, driven by increasing consumer preference for sustainable and plant-based products. According to Dataintelo’s latest report, the market’s valuation stood at USD X.X billion in 2023 and is projected to expand at a CAGR of X.X% during the forecast period from 2023 to 2030.
Cocoa Butter Equivalents are plant-derived fats that closely mimic the properties of cocoa butter, making them an essential ingredient in confectionery, bakery, and personal care products. The rising adoption of CBEs in chocolate manufacturing, coupled with the growing vegan population, is propelling market demand globally.
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