Cocoa Butter or theobroma oil is a vegetable fat that appears to be pale yellow in colour with a subtle aroma and taste profile. It is a triglyceride which is derived from cocoa beans through the fermentation process. The butter offers great properties like a low melting point, high antioxidant content, ability to increase shelf life and prevent rancidity. In addition, to these properties, it is also a great source of vitamin E which offers great advantages like skin healing properties, skin moisture, improved bone health, prevention of liver disease, healthier cholesterol, and offers protection against sun rays.
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Its nutritional profile consists of heart-healthy oleic acid and small quantities of vitamins K and E, as well as choline.
Key Details About the Cocoa butter Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Cocoa butter price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Cocoa butter Price chart, including India Cocoa butter price, USA Cocoa butter price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Cocoa butter Price Trend:
The market demand for Cocoa butter is primarily driven by the product's wide application in chocolate confectionery products like white chocolate, chocolate bars, cookies, cakes, chocolate bars, and ice cream, which are immensely popular among consumers. Furthermore, it is employed in toiletries, pharmaceutical ointments, pharmaceuticals, cosmetics, in body and face lotions, among others which boosts the market expansion. In addition, it is used in culinary applications as a substitute for coconut butter or oil in dairy-free or vegan food preparations. Cocoa butter is also used in medication delivery, serving as a base for medical suppositories owing to it being nontoxic and having the ability to melt at body temperature.
Key Players:
- Bo International
- Olam International
- Guan Chong Berhad (GCB)
- Wuxi Huadong Cocoa Food Co.,Ltd
- Lotus Chocolate Co. Ltd.
News & Recent Development
- June 12 2023- Prices of chocolate have increased by 14% over the last year and will likely rise more as a result of restricted cocoa supply.
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