Cocoa
Butter is a type of vegetable fat and also known as theobroma oil,
which is extracted from whole cocoa beans after fermentation and
roasting process. Cocoa beans are native to South American countries
and one of the largest producers of cocoa is Ivory Coast which is
located in Africa. The cocoa butter is used in the production of
chocolates, ointments, toiletries, and pharmaceuticals. It is also
used for cocoa flavor and aroma of cocoa beans. Cocoa butter helps
treat several health issues such as skin irritation, hair loss, and
other health issues. It contains flavonoids which have around all
sorts of health benefits and because of that it gives a positive
impact on the reduction of heart disease, maintains healthy blood
pressure, and improve skin conditions.
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By
packaging, cocoa butter market can be segmented into tins, cartons,
plastic containers, paper containers and others. Tin packaging is
used for the liquid form of cocoa butter and other packaging for the
solid form such as blocks, crystals, and others.
By
distribution channel, cocoa butter market can be segmented into
direct and indirect sales, which can be further sub-segmented into
modern trade units, departmental stores, convenience stores, and
online retail.
By
region, cocoa butter market can be segmented into five different
regions, which includes North America, Latin America, Europe, Asia
Pacific, Middle East and Africa. In terms of production, the major
regions include Africa, followed by Asia Pacific and Latin America.
In terms of consumption, Europe is the largest consumer of cocoa and
cocoa butter followed by North America, Asia Pacific, and Latin
America.
The
Cocoa
Butter Market is been growing gradually based on its
medicinal and nutritional benefits. Recently people are adapting
traditional products due to rising health concern, and also because
of the harmful side effects of chemicals. Cocoa beans are one of the
oldest ingredients which are preferred by manufacturers for the main
production of all types of chocolates, by consumers for its medicinal
and nutritional uses. Cocoa butter is extracted from cocoa beans and
it is rich in calories, saturated fats, palmitic acid, stearic acid
and oleic acid. Cocoa butter is used to prevent skin dryness and
peeling, heals chapped lips, fights signs of aging, soothes burns and
infections, and helps treating mouth sores, helps improve heart
health, and raises immunity. It increases concentration among people
and eliminates stress and exhaustion. All these benefits of cocoa
butter are making it popular among people and driving the cocoa
butter market in the developed as well as developing regions.
Besides
several benefits of nutmeg butter, it has various side-effects too.
Over intake of cocoa butter can lead to weight gain and obesity,
allergy and skin reactions, cholesterol, heart and respiratory
problems. These side effects are therefore inhibiting the cocoa
butter market to grow.
Owing
to the benefits of cocoa butter, several producers and players in the
market are moving forward to manufacture and supply it. Some of the
key players are Cargill Incorporated., Cocoa Mae, Chocolate Alchemy,
Dietz Cacao Trading B.V., Jindal Cocoa, Carst & Walker (C&W),
JB FOODS Limited and others.
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