The global cocoa butter market is estimated to be worth USD 8,859.1 million in 2025 and is projected to reach a value of USD 10,589.3 million by 2035, expanding at a CAGR of 1.8% over the assessment period of 2025 to 2035.

Semi-Annual Market Update

Country-wise Insights

Category-Wise Insights

Global Cocoa Butter Market size was evaluated at $3.68 billion in 2023 and is slated to hit $4.88 billion by the end of 2032 with a CAGR of nearly 3.2%.

Cocoa Butter Market size was valued at USD 5.01 Billion in 2024 and is projected to reach USD 9.37 Billion by 2032, growing at a CAGR of 8.13% from 2026 to 2032.

Cocoa Butter Market Drivers

Rising Demand for Chocolate and Confectionery Products: The cocoa butter market is driven by the increasing demand for chocolate and confectionery products. cocoa butter is a key ingredient, providing the desired texture and flavor in chocolates. Increasing Awareness of the Health Benefits of Cocoa Butter: Growing awareness of the health benefits of cocoa butter is boosting its market. Rich in antioxidants and fatty acids, it is sought after for its skin-nourishing properties and inclusion in cosmetic products. Growing Disposable Incomes and Changing Lifestyles: Rising disposable incomes and changing lifestyles in emerging economies are driving the market. As consumers' purchasing power increases, the demand for premium chocolate and skincare products rises. Expansion of Food & Beverage Industry: The expanding food and beverage industry is another significant driver. Cocoa butter is used in various applications, including bakery items, desserts, and beverages, enhancing their taste and texture. Rising Demand for Organic Products: Increased focus on natural and organic products is propelling the market. Consumers are increasingly opting for products with natural ingredients, and cocoa butter is favored for its purity and health benefits. Increasing Growth of Cosmetics Industry: The booming personal care and cosmetics industry significantly boosts the demand for cocoa butter. It is a popular ingredient in lotions, creams, and lip balms, appreciated for its moisturizing and healing properties.

In 2024, the global cocoa butter market increased by 42% to $13.6B, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a strong increase from 2012 to 2024: its value increased at an average annual rate of +6.8% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Global Cocoa Butter Market was valued at USD 9.18 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 6.69% through 2029.

Cocoa Butter Market Outlook

The global cocoa butter market size in 2023 was recorded at approximately USD 2.8 billion and is expected to reach USD 4.5 billion by 2032, growing at a CAGR of 5.2%. This growth trajectory is driven by multiple factors, including the rising demand for natural ingredients in various industries such as food and beverages, cosmetics, and pharmaceuticals. Cocoa butter, renowned for its distinctive aroma, smooth texture, and moisturizing properties, has become a preferred choice among manufacturers seeking to incorporate natural and sustainable ingredients into their products. Moreover, the increasing consumer inclination towards organic and plant-based products has significantly spurred the demand for cocoa butter across various segments.

One of the core growth factors for the cocoa butter market is the booming personal care and cosmetics industry. The industry is witnessing a significant shift towards natural and organic products, with consumers increasingly concerned about the ingredients used in their skincare and beauty products. Cocoa butter, with its natural emollient properties, has been embraced widely in the formulation of lotions, creams, lip balms, and other skincare products. Its ability to deeply moisturize the skin, combined with its presence as a natural thickener, makes cocoa butter an indispensable ingredient in the cosmetics sector. This trend is further augmented by the growing awareness of ethical sourcing, prompting companies to opt for cocoa butter sourced through sustainable practices.

In addition to cosmetics, the food and beverage industry also plays a pivotal role in the expansion of the cocoa butter market. Cocoa butter is a key ingredient in the production of chocolate, and the ever-increasing demand for chocolate-based products is a substantial growth driver. The evolving consumer preferences towards premium and artisanal chocolates, which often rely on cocoa butter for their smooth and rich texture, further bolster market growth. Moreover, the food industry's exploration of new applications for cocoa butter, such as in dairy-free and vegan products, propels its demand, as consumers continue to seek healthier and more ethical food choices.

The pharmaceutical industry also contributes to the market's growth, as cocoa butter is utilized in the production of suppositories and ointments due to its ability to melt at body temperature, providing a convenient delivery medium for medicinal compounds. This functionality, along with the growing focus on the development of natural-based medicinal products, enhances the prospects of cocoa butter within this segment. Furthermore, the advancement of research into the health benefits of cocoa butter, including its potential antioxidative properties, fuels its application within the pharmaceutical domain.

The role of Cocoa & Cocoa Products in the cocoa butter market cannot be overstated, as they form the foundational elements of many applications. Cocoa products, including cocoa powder and cocoa mass, are integral to the chocolate production process, which is a major driver of cocoa butter demand. The rich flavor and smooth texture provided by cocoa butter are complemented by these cocoa products, enhancing the overall quality of chocolate. Additionally, the versatility of cocoa products allows for their use in a variety of food and beverage applications, from baking to beverage formulations, further expanding the market's reach. As consumers continue to seek out premium and artisanal chocolate experiences, the synergy between cocoa butter and cocoa products becomes increasingly important, driving innovation and growth in this sector.

Product Type Analysis

In the cocoa butter market, the classification by product type includes natural cocoa butter, deodorized cocoa butter, and organic cocoa butter, each serving distinct market demands. Natural cocoa butter is widely appreciated for its characteristic aroma and flavor, which are retained during the production process, making it highly sought after in the chocolate and gourmet food industries. Its preservation of natural scent and taste makes it a favorite among manufacturers who aim to deliver authentic cocoa experiences in their products. This segment is poised to witness steady growth as the demand for pure and unaltered cocoa products continues to rise.

Deodorized cocoa butter is primarily employed in applications where the natural aroma and flavor of cocoa could interfere with the desir

The Cocoa Butter Market size was valued at USD 3.78 Billion in 2023 and is projected to reach USD 4.73 Billion by 2032, exhibiting a CAGR of 3.24 % during the forecast period. Cocoa butter is a pale yellow fat recovered from cocoa beans which possess a smooth texture and a typical chocolate scent. It is available in three main types: As for the type of fertilizers, they are natural, deodorized, and raw. Natural cocoa butter has a powerful aroma and taste; in deodorized cocoa butter, these qualities are removed to accommodate the cosmetic and pharmaceutical industries. The cocoa butter in its natural state undergoes minimal processing enabling it to retain many of its nutritional benefits. Cocoa butter; has been known to have a great moisturizing factor that can be used in body lotions, skin lotions, chocolates, and in pharmaceutical products. Some of the reasons that make it useful across different industries are that it is highly stable, and it is an excellent emollient. Key drivers for this market are: Increasing Use of UCO in Biodiesel Industry Drives Market Growth. Potential restraints include: Complex Regulatory Framework of Halal Food & Beverages to Hamper Market Growth.

Global Cocoa Butter and Powder market size 2025 was XX Million. Cocoa Butter and Powder Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The article discusses the increasing demand for cocoa butter in Asia driving an upward consumption trend in the market over the next decade. Market performance is expected to grow steadily with a CAGR of +0.7% in volume and +1.6% in value from 2024 to 2035, reaching 394K tons and $2.8B respectively by the end of 2035.

The global refined cocoa butter market, valued at $6,827.1 million in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 2.3% from 2025 to 2033. This growth is driven by several factors. The increasing demand for premium chocolate and confectionery products fuels the need for high-quality cocoa butter, a key ingredient contributing to texture, flavor, and melt-in-the-mouth experience. Furthermore, the expanding cosmetic and personal care industry utilizes refined cocoa butter for its moisturizing and emollient properties, creating another significant market segment. Growth is also supported by the rising disposable incomes in developing economies, leading to increased consumption of chocolate and cocoa-based products. However, price volatility of cocoa beans, a key raw material, and potential supply chain disruptions pose challenges to market expansion. The market segmentation reveals significant opportunities within the food grade segment, particularly within confectionery and food and beverage applications. Major players like Barry Callebaut, Cargill, and Nestlé are leveraging their established supply chains and brand recognition to capitalize on this growth, while smaller players are focusing on niche applications and sustainable sourcing to carve out their market share. The regional distribution reflects established markets in North America and Europe, with significant growth potential in Asia-Pacific, driven by increasing chocolate consumption in emerging markets like India and China. The forecast period of 2025-2033 offers considerable potential for refined cocoa butter producers. Continued innovation in product development and diversification of applications, alongside a focus on sustainable sourcing and ethical production, are crucial factors for success. Companies are strategically investing in research and development to improve the quality and efficiency of cocoa butter production while simultaneously addressing consumer concerns regarding sustainability and ethical sourcing practices. This focus on sustainability and transparency is likely to influence consumer purchasing decisions and drive demand for premium, ethically sourced refined cocoa butter in the coming years.

Cocoa fell to 9,161.21 USD/T on June 30, 2025, down 3.02% from the previous day. Over the past month, Cocoa's price has fallen 3.40%, but it is still 25.10% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cocoa - values, historical data, forecasts and news - updated on June of 2025.

The global cocoa butter market is experiencing robust growth, driven by increasing demand across diverse sectors. The market's expansion is fueled by the rising popularity of natural and organic ingredients in cosmetics and personal care products, where cocoa butter's moisturizing and emollient properties are highly valued. The food industry also contributes significantly, leveraging cocoa butter's flavor and texture enhancement capabilities in confectionery, chocolate, and other food applications. Pharmaceutical applications, utilizing cocoa butter's properties as a base for ointments and suppositories, further bolster market growth. While precise market sizing data is unavailable, considering a plausible CAGR of 5% (a conservative estimate given the trends in natural ingredient markets) and assuming a 2025 market value of $500 million, the market could reach approximately $650 million by 2030. This growth is projected to continue through 2033, though at a potentially slightly reduced rate as the market matures. Significant regional variations exist, with North America and Europe currently holding the largest market shares due to established consumption patterns and strong regulatory frameworks supporting the use of cocoa butter in food and cosmetic products. However, developing economies in Asia Pacific are showing significant growth potential, driven by rising disposable incomes and increased awareness of natural personal care products. The market faces challenges including price volatility of cocoa beans, which directly impacts cocoa butter pricing, and the potential for supply chain disruptions due to factors like climate change and geopolitical instability. Furthermore, the emergence of synthetic alternatives and potential concerns about sustainability in cocoa production could pose threats. However, the inherent benefits of cocoa butter, coupled with increasing consumer demand for natural products and innovation in sustainable sourcing practices, are expected to outweigh these challenges. The market is segmented by application (food, cosmetics, pharmaceuticals, others) and type (food grade, pharmaceutical grade), reflecting the diverse usage and quality standards within the industry. Leading companies are focusing on product innovation, sustainability initiatives, and strategic partnerships to gain a competitive edge in this thriving market. This includes expanding product lines to meet diverse consumer preferences, developing more sustainable sourcing models, and partnering with retailers and distributors to enhance market reach.

Learn about the projected growth of the cocoa butter market in the United States, with an expected increase in consumption and market value over the next decade.

Cocoa Butter Substitutes (CBS) Market Outlook 2032

The global cocoa butter substitutes (CBS) market size was USD 1.18 Billion in 2023 and is likely to reach USD 2.23 Billion by 2032, expanding at a CAGR of 6.92% during 2024–2032. The market is driven by increasing consumer preference for low-fat and low-calorie foods, worldwide.



Increasing demand for cost-effective and sustainable alternatives to cocoa butter is expected to drive the market for cocoa butter substitutes (CBS), during the forecast period. These substitutes, derived from various vegetable fats, offer similar properties to cocoa butter at a lower cost and are gaining popularity in the confectionery and bakery industries. The escalating prices of cocoa butter and the growing concerns about its sustainability have significantly surged the demand for CBS. Moreover, the versatility of CBS, which are tailored to specific applications, has further enhanced its market appeal.

Growing consumer consciousness about health and wellness is shaping the trends in the CBS market. The development of low-fat and trans-fat-free CBS has catered to the growing demand for healthier food ingredients. Additionally, the rise of veganism and the demand for plant-based products have led to the increased use of CBS in vegan chocolates and desserts. The trend of clean label and natural ingredients has further surged the demand for CBS, positioning it as a key ingredient in the health and wellness sector.



Rising innovation in food technology is creating opportunities for the CBS market. The ongoing research to improve the taste, texture, and melting properties of CBS has resulted in high-quality substitutes that closely mimic the sensory attributes of cocoa butter. This technological advancement and the growing demand for premium and specialty chocolates, is expected to fuel the CBS market in the coming years.

Impact of Artificial Intelligence (AI) in Cocoa Butter Substitutes (CBS) Market

The use of artificial intelligence is likely to boost the cocoa butter substitutes (CBS) market. AI's "https://dataintelo.com/report/predictive-analytics-tools-market" style="color:#0563c1;" target="_blank">predictive analytics

The global cocoa butter market is experiencing steady growth, projected to reach a value of $3,465.9 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 4.6% from 2019 to 2033. This growth is fueled by the increasing demand for natural and organic ingredients in the food and cosmetic industries. The rising popularity of cocoa butter-based skincare products, driven by its moisturizing and emollient properties, significantly contributes to market expansion. Furthermore, the growing awareness of the health benefits of cocoa, including its antioxidant properties, is boosting the consumption of cocoa butter in food applications. The market is segmented by type (food grade and pharmaceutical grade) and application (food, cosmetic, pharmaceutical, and others), with the cosmetic segment holding a substantial share due to the widespread use of cocoa butter in lotions, creams, and other beauty products. Major players such as E.T. Browne Drug, Queen Helene, Vaseline, Palmer's, Now Foods, and Lush are actively contributing to the market's growth through product innovation and expansion into new markets. Geographical distribution reveals strong market presence across North America, Europe, and Asia Pacific, with developing economies showing significant potential for future growth. The consistent demand for cocoa butter across diverse industries suggests a robust and promising outlook for the market in the coming years. The pharmaceutical grade segment is expected to witness considerable growth due to its use in various medicinal applications. Regional variations in market share are influenced by factors such as consumer preferences, economic development, and regulatory frameworks. North America and Europe currently dominate the market; however, the Asia-Pacific region, particularly China and India, is projected to experience substantial growth due to increasing disposable incomes and rising demand for personal care products. While challenges like price volatility of cocoa beans and potential supply chain disruptions exist, the overall market outlook remains positive, fueled by innovation in product formulations and expanding applications across multiple sectors. Sustainable sourcing initiatives and increased consumer awareness of ethically sourced cocoa are also shaping the future of the cocoa butter market.

The global food-grade cocoa butter market is experiencing robust growth, driven by increasing demand for chocolate and confectionery products worldwide. The market size in 2025 is estimated at $2.5 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several factors, including rising disposable incomes in emerging economies, increasing consumer preference for premium chocolate products, and the expanding use of cocoa butter in cosmetics and pharmaceuticals. The natural cocoa butter segment holds a significant market share due to its perceived health benefits and growing consumer awareness of natural ingredients. Key application areas include chocolate making, which remains the dominant segment, followed by candy making and other applications such as cosmetics and pharmaceuticals. Geographic expansion into rapidly developing markets in Asia-Pacific and the Middle East & Africa is contributing significantly to market expansion. However, challenges such as fluctuating cocoa bean prices, supply chain disruptions, and sustainability concerns related to cocoa production act as restraints on market growth. Major players like Barry Callebaut, Cargill, and Olam International are actively investing in research and development to improve cocoa butter quality, sustainability, and production efficiency, further shaping the market dynamics. The market's future trajectory is projected to remain positive, with sustained growth across different segments and regions. The increasing demand for ethically sourced and sustainable cocoa butter will likely drive innovation in farming practices and supply chain management. This focus on sustainability, coupled with rising consumer preference for premium and specialized chocolate products, will present lucrative opportunities for industry participants. Companies are expected to focus on product diversification, strategic partnerships, and geographic expansion to capitalize on this promising market outlook. The increasing popularity of cocoa butter in health and beauty products is also anticipated to create additional avenues for market expansion in the coming years.

Cocoa Butter Market is expected to grow at a high CAGR during the forecast period 2023-2030 | DataM Intelligence

According to Cognitive Market Research, The Global Deodorized Cocoa Butter market will grow at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.

The demand for deodorized cocoa butter is rising due to the increased consumer awareness of cocoa butter's nutritional and therapeutic benefits and rising demand for chocolate, frozen desserts, and nutritional drinks, which are expected to drive market growth.
Demand for chocolate and confectionery remains higher in the deodorized cocoa butter market.
The Offlinecategory held the highest deodorized cocoa butter market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific deodorized cocoa butter marketwill experience the strongest growth until 2030.

Growing Demand for Clean-Label Ingredients to Provide Viable Market Output

The deodorized Cocoa Butter Market is the increasing demand for natural and clean-label ingredients, particularly in the food and cosmetic industries. Consumers are becoming conscious of their products' ingredients and actively seeking natural alternatives. Cocoa butter, with its natural origin, fits well into this trend. In the food sector, it is a healthier substitute for synthetic fats in confectionery, bakery, and dairy products due to its creamy texture and appealing taste.

Ashish Pande has been appointed as the new Country Head of Olam Agri in Nigeria, starting September 23, 2022. Olam Agri, a prominent agribusiness company specializing in food, feed, and fiber, made this decision.

(Source:www.olamgroup.com/news/all-news/news-bites/olam-agri-appoints-ashish-pande-as-country-head-in-nigeria.html)

Its antioxidant-rich properties also align with the broader health and wellness movement. Likewise, cocoa butter is favored in cosmetics for its moisturizing and emollient attributes, making it a valuable ingredient in clean-label skincare and cosmetic formulations.Cocoa butter's natural origin and the absence of synthetic additives make it an eco-friendly choice. Manufacturers are increasingly adopting cocoa butter in their formulations to cater to environmentally conscious consumers, contributing to the market's growth.

Expanding Chocolate Industry to Propel Market Growth

The expansion of the global chocolate industry is a pivotal driver for the deodorized cocoa butter market. Chocolate remains a beloved indulgence worldwide, and the industry is continuously evolving. As consumer tastes shift toward premium and gourmet chocolates and increased disposable income levels in emerging markets, the demand for high-quality cocoa products like cocoa butter rises in tandem. Cocoa butter is crucial in chocolate production, impacting texture, flavor, and the coveted melt-in-the-mouth quality. With the heightened interest in high-quality chocolates and innovations in chocolate formulations (such as healthier and specialty chocolates), the requirement for specific types of cocoa butter to achieve desired characteristics surges, driving substantial growth in the cocoa butter market.

Market Dynamics of Deodorized Cocoa Butter

Fluctuating Cocoa Prices and Supply Concerns to Hinder Market Growth

The Deodorized Cocoa Butter Market is the volatility of cocoa prices and supply concerns. Cocoa butter is obtained from cocoa beans and the cost of cocoa beans is prone to change because of different factors such as climate conditions, crop illnesses, and geopolitical concerns in key cocoa-producing areas such as West Africa. These fluctuations can lead to unpredictable cost variations for cocoa butter manufacturers, impacting their profit margins and pricing strategies. Additionally, supply chain disruptions related to cocoa bean sourcing can create challenges in maintaining a consistent supply of cocoa butter, affecting the market's stability and potentially leading to shortages or higher prices for consumers and businesses.

Impact of COVID–19 on the Deodorized Cocoa Butter Market

The COVID-19 pandemic had a notable impact on the deodorized cocoa butter market. with lockdowns, disruptions in supply chains, and reduced consumer spending on non-essential products, the market witnessed a slowdown in demand during the initial phases of the pandemic. As consumer priorities shifted towards essential items, the sales of deodorized cocoa butter in cosmetics and personal care products and the hospitality industry were adversely affected. H...

Global Deodorized Cocoa Butter comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2024 - 2032. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.

The global food-grade cocoa butter market is experiencing robust growth, driven by increasing consumer demand for premium chocolate and confectionery products. The rising popularity of artisanal chocolates, coupled with a growing awareness of cocoa butter's health benefits (e.g., rich in antioxidants), fuels this expansion. Furthermore, the market benefits from its application in cosmetics and pharmaceuticals, diversifying revenue streams and mitigating reliance on single-sector fluctuations. While precise market size figures aren't available, considering a plausible CAGR of 5% (a conservative estimate given the market's positive trajectory), and assuming a 2025 market value of $2 billion (a reasonable assumption based on industry reports and related markets), the market is projected to reach approximately $2.5 billion by 2030 and $3 billion by 2033. This growth is largely propelled by developing economies in Asia-Pacific and Latin America, where increased disposable incomes and changing consumption patterns are driving demand for higher-quality food products. However, the market also faces challenges. Fluctuations in cocoa bean prices, which directly impact cocoa butter production costs, pose a significant risk. Sustainability concerns within the cocoa supply chain are also growing in importance, pushing manufacturers toward more ethical and environmentally responsible sourcing practices. This necessitates investment in sustainable farming techniques and transparent traceability systems. Furthermore, competitive pressures from cocoa butter substitutes and potential health concerns related to high saturated fat content present ongoing obstacles for market players. Despite these hurdles, the overall outlook remains positive, with continued innovation in product applications and formulations offering significant growth potential for established players like Barry Callebaut, Cargill, and others entering the market. The diversification into areas beyond confectionery, such as cosmetics and nutraceuticals, further bolsters the market's long-term prospects.