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The Cocoa Butter Equivalent (CBE) market is a subset of the Chocolate and Cocoa Products industry. CBE is a vegetable fat derived from cocoa beans, and is used as a substitute for cocoa butter in the production of chocolate and other cocoa-based products. CBE is a cost-effective alternative to cocoa butter, and is used to reduce the cost of production while maintaining the desired texture and flavor of the finished product. CBE is also used to improve the shelf life of chocolate products, as it is more resistant to oxidation than cocoa butter.
The CBE market is highly competitive, with a number of companies offering a variety of products. Some of the major players in the market include Cargill, Archer Daniels Midland, Bunge, Wilmar International, and AAK. These companies offer a range of CBE products, including cocoa butter replacers, cocoa butter substitutes, and cocoa butter extenders. Show Less Read more