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.