Butter Market – Growth, Trends, and Forecasts (2023 to 2029)


Butter Market was valued at US$ 53.82 Bn. in 2029. The Global Butter Market size is estimated to grow at a CAGR of 4.11 % over the forecast period.

Butter Market Overview:

The Market report gives a comprehensive assessment of the market for the estimated time frame. The report involves different sections as well as an investigation of the patterns and factors that are assuming a significant part on the lookout. The market elements include the drivers, limitations, opportunities, and difficulties through which the effect of these variables in the market is illustrated. The drivers and restrictions are inborn variables though valuable opportunities and difficulties are inessential elements of the market. The Global Market study gives a point of view toward the advancement of the market regarding income all through the forecast period.Butter MarketTo know about the Research Methodology:-Request Free Sample Report

Butter Market Dynamics:

Butter refers to a dairy item that is a semi-strong emulsion refined from milk's fat and protein segment. The demand for butter in food handling increases every day, and the worldwide market is flourishing likewise. The global market has seen a significant spike in the development rate over the most recent couple of years. The developing number of individuals eating at eateries and bistros and the development of the food and drinks industry across the globe are the essential variables causing an upsurge in the market's development. Moreover, the development of plant-based butter and vegan butter spread among clients overall has expanded quickly. The growing consciousness regarding health is another crucial aspect of boosting the market's growth.

The food business is the vital driver of the market. The increased demand for the market has carried an inclination toward food with natural ingredients. Many nations industrialist likes to utilize plat-based items as a great many people are wellbeing conscious nowadays. COVID-19 has stopped the  market deals for a brief period; however, the key drivers have involved many strategies to increase their sales and production to meet the sales target by 2029. Thus, the pandemic couldn't stop the demand for butter from now onward, indefinitely, seemingly forever; the global market has expanded its deals and creations by utilizing more key drivers in the butter market.

Opportunities in Butter Market:

The global market has brought various opportunities to increase its demand all over the countries. Many countries have increased their innovative work venture to give better creative butter items to their clients. It has been anticipated that the improvement in meat and potatoes market items can set out additional opportunities for the market players to work in the global market field. The rising urbanization and the consumer's buying strength of the product give the global market opportunities to grow.

Restraints of Butter Market:

The increasing health awareness among people might restrict the growth of the global market. These days, many individuals are changing their food propensities, ways of life liking to their well-being concerns. Consumers are keeping limitations in their eating routine by seeing the advantages of the ingredients. As per this, the consumers have delimited the unreasonable butter item's utilization as it harms their body. It tends to be a restriction for the global market.

Butter Market Trends:

Butter brands like Fonterra, Arla Foods, and so on have presented the spread of low fat and cholesterol to address the consumer's issues on the lookout. For instance, in Jan 2022, Oxie Nutrition, India's one-of-its-sort way of life sustenance brand, sent off Oxie Nutrition White Chocolate Peanut Butter, one of the most awaited new products for fitness enthusiasts in India.

As per the organization, this butter doesn't upset your macronutrient consumption, as macronutrients are the foundations of your eating routine. They are the parts of food that the body fundamentally needs for energy, and it keeps up with the body's construction and systems. With a lot of regular protein and numerous other fundamental minerals, Oxie Nutrition White Chocolate Peanut butter effectively qualifies as a super and profoundly flexible food.

Butter Market Segment Analysis:

Based on Nature, the Butter Market is segmented into Organic and Conventional. Organic products are exceptionally requested because of expanding health consciousness among customers in spite of high costs and lack of easy availability. Health-conscious consumers select private label products which are excellent, solid, and reasonable. These progressions in inclination have set out new opportunities for organic product makers. Subsequently, because of customer requests, numerous producers have begun offering organic butter.Butter MarketBased on End-Use, the Butter Market is segmented into Food Processing Industry, Foodservice Industry, and Retail/Household. Butter is generally utilized in the food business for manufacturing different food products and, furthermore, for sauce production and frying.

It is utilized in seasoning different bundled food varieties or snacks like treats and wafers. Demand for extraordinary taste profiles and textures by millennials is supposed to set out opportunities for makers of butter. Furthermore, the demand for butter is growing in the food service industry because of the rising utilization of cheap food in creating economies because of more occupied ways of life and higher use over out-of-home food utilization.

Butter Market Regional Insights:

The Asia Pacific region held the largest market share accounting for 49.7% in 2022. The Asia-Pacific butter supply has forever been profoundly affected, in expanding amounts, by the home-grown market. Spread handling plants in the Asia-Pacific region have been essentially extended to satisfy the purchaser's need, accordingly filling market development.

Additionally, while butter is fundamentally connected with Western cooking styles, its likely use in Chinese food has been vigorously advanced by significant makers like Fonterra, accordingly further expanding its application in Asian cooking and, consequently, in the Asian market.

The objective of the report is to present a comprehensive analysis of the global Butter Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers.

The reports also help in understanding the Butter Market dynamic and structure by analyzing the market segments and projecting the Butter Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Butter Market make the report investor’s guide.

Butter Market Scope: Inquire before buying






Butter Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2018 to 2022
Market Size in 2022:
US $ 40.59 Bn.




Forecast Period 2023 to 2029 CAGR:
4.11%
Market Size in 2029:
US $ 53.82 Bn.




 Segments Covered:
by Nature
Organic
Conventional




by End-Use
Food Processing Industry
Foodservice Industry
Retail/Household




by Form
Spreadable
Non-spreadable






Butter Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

Key Players are:

1.Royal FrieslandCampina N.V
2.Fonterra Co-operative Group Limited
3.Groupe Lactalis S.A.
4.Arla Foods amba
5.Amul (GCMMF)
6.Dean Foods Co
7.Glanbia Plc.
8.Saputo Inc.
9.Dairy Farmers of America
10.Valio Oy
11.Meiji Holdings Company, Ltd.
12.Land O' Lakes, Inc.
13.Granarolo S.P.A.
14.Nestlé S.A.
15.Kerry Group
16.Sodiaal International SA
17.Britannia Industries Ltd

Frequently Asked Questions about Butter Market

1] What segments are covered in the Butter Market report?
Ans. The segments covered in the Butter Market report are based on Nature, End-Use, and Form

2] Which region is expected to hold the highest share in the Butter Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Butter Market

3] What is the market size of the Butter Market by 2029?
Ans. The market size of the Butter Market by 2029 is expected to reach US$ 53.82 Bn.

4] What is the forecast period for the Butter Market?
Ans. The forecast period for the Butter Market is 2023-2029.

5] What was the market size of the Butter Market in 2022?
Ans. The market size of the Butter Market in 2022 was valued at US$ 40.59 Bn 




1. Butter Market Introduction
1.1. Study Assumption and Market Definition
1.2. Scope of the Study
1.3. Executive Summary

2. Butter Market: Dynamics
2.1. Butter Market Trends by Region
2.1.1. North America Butter Market Trends
2.1.2. Europe Butter Market Trends
2.1.3. Asia Pacific Butter Market Trends
2.1.4. Middle East and Africa Butter Market Trends
2.1.5. South America Butter Market Trends
2.2. Butter Market Dynamics by Region
2.2.1. North America
2.2.1.1. North America Butter Market Drivers
2.2.1.2. North America Butter Market Restraints
2.2.1.3. North America Butter Market Opportunities
2.2.1.4. North America Butter Market Challenges
2.2.2. Europe
2.2.2.1. Europe Butter Market Drivers
2.2.2.2. Europe Butter Market Restraints
2.2.2.3. Europe Butter Market Opportunities
2.2.2.4. Europe Butter Market Challenges
2.2.3. Asia Pacific
2.2.3.1. Asia Pacific Butter Market Drivers
2.2.3.2. Asia Pacific Butter Market Restraints
2.2.3.3. Asia Pacific Butter Market Opportunities
2.2.3.4. Asia Pacific Butter Market Challenges
2.2.4. Middle East and Africa
2.2.4.1. Middle East and Africa Butter Market Drivers
2.2.4.2. Middle East and Africa Butter Market Restraints
2.2.4.3. Middle East and Africa Butter Market Opportunities
2.2.4.4. Middle East and Africa Butter Market Challenges
2.2.5. South America
2.2.5.1. South America Butter Market Drivers
2.2.5.2. South America Butter Market Restraints
2.2.5.3. South America Butter Market Opportunities
2.2.5.4. South America Butter Market Challenges
2.3. PORTER’s Five Forces Analysis
2.4. PESTLE Analysis
2.5. Technology Roadmap
2.6. Regulatory Landscape by Region
2.6.1. North America
2.6.2. Europe
2.6.3. Asia Pacific
2.6.4. Middle East and Africa
2.6.5. South America
2.7. Key Opinion Leader Analysis For Butter Industry
2.8. Analysis of Government Schemes and Initiatives For Butter Industry
2.9. Butter Market price trend Analysis (2021-22)
2.10. Butter Market Trade Analysis
2.10.1. Global Import Analysis
2.10.1.1. Top Importer of Butter
2.10.2. Global Export Analysis
2.10.2.1. Top Exporter of Butter
2.11. Butter Production Analysis
2.12. The Global Pandemic Impact on Butter Market

3. Butter Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value and Volume) 2022-2029
3.1. Butter Market Size and Forecast, by Nature (2022-2029)
3.1.1. Organic
3.1.2. Conventional
3.2. Butter Market Size and Forecast, by End-use (2022-2029)
3.2.1. Food Processing Industry
3.2.2. Foodservice Industry
3.2.3. Retail/Household
3.3. Butter Market Size and Forecast, by Form (2022-2029)
3.3.1. Spreadable
3.3.2. Non-spreadable
3.4. Butter Market Size and Forecast, by Region (2022-2029)
3.4.1. North America
3.4.2. Europe
3.4.3. Asia Pacific
3.4.4. Middle East and Africa
3.4.5. South America

4. North America Butter Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029
4.1. North America Butter Market Size and Forecast, by Nature (2022-2029)
4.1.1. Organic
4.1.2. Conventional
4.2. North America Butter Market Size and Forecast, by End-use (2022-2029)
4.2.1. Food Processing Industry
4.2.2. Foodservice Industry
4.2.3. Retail/Household
4.3. North America Butter Market Size and Forecast, by Form (2022-2029)
4.3.1. Spreadable
4.3.2. Non-spreadable
4.4. North America Butter Market Size and Forecast, by Country (2022-2029)
4.4.1. United States
4.4.1.1. United States Butter Market Size and Forecast, by Nature (2022-2029)
4.4.1.1.1. Organic
4.4.1.1.2. Conventional
4.4.1.2. United States Butter Market Size and Forecast, by End-use (2022-2029)
4.4.1.2.1. Food Processing Industry
4.4.1.2.2. Foodservice Industry
4.4.1.2.3. Retail/Household
4.4.1.3. United States Butter Market Size and Forecast, by Form (2022-2029)
4.4.1.3.1. Spreadable
4.4.1.3.2. Non-spreadable
4.4.2. Canada
4.4.2.1. Canada Butter Market Size and Forecast, by Nature (2022-2029)
4.4.2.1.1. Organic
4.4.2.1.2. Conventional
4.4.2.2. Canada Butter Market Size and Forecast, by End-use (2022-2029)
4.4.2.2.1. Food Processing Industry
4.4.2.2.2. Foodservice Industry
4.4.2.2.3. Retail/Household
4.4.2.3. Canada Butter Market Size and Forecast, by Form (2022-2029)
4.4.2.3.1. Spreadable
4.4.2.3.2. Non-spreadable
4.4.3. Mexico
4.4.3.1. Mexico Butter Market Size and Forecast, by Nature (2022-2029)
4.4.3.1.1. Organic
4.4.3.1.2. Conventional
4.4.3.2. Mexico Butter Market Size and Forecast, by End-use (2022-2029)
4.4.3.2.1. Food Processing Industry
4.4.3.2.2. Foodservice Industry
4.4.3.2.3. Retail/Household
4.4.3.3. Mexico Butter Market Size and Forecast, by Form (2022-2029)
4.4.3.3.1. Spreadable
4.4.3.3.2. Non-spreadable

5. Europe Butter Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029
5.1. Europe Butter Market Size and Forecast, by Nature (2022-2029)
5.2. Europe Butter Market Size and Forecast, by End-use (2022-2029)
5.3. Europe Butter Market Size and Forecast, by Form (2022-2029)
5.4. Europe Butter Market Size and Forecast, by Country (2022-2029)
5.4.1. United Kingdom
5.4.1.1. United Kingdom Butter Market Size and Forecast, by Nature (2022-2029)
5.4.1.2. United Kingdom Butter Market Size and Forecast, by End-use (2022-2029)
5.4.1.3. United Kingdom Butter Market Size and Forecast, by Form(2022-2029)
5.4.2. France
5.4.2.1. France Butter Market Size and Forecast, by Nature (2022-2029)
5.4.2.2. France Butter Market Size and Forecast, by End-use (2022-2029)
5.4.2.3. France Butter Market Size and Forecast, by Form(2022-2029)
5.4.3. Germany
5.4.3.1. Germany Butter Market Size and Forecast, by Nature (2022-2029)
5.4.3.2. Germany Butter Market Size and Forecast, by End-use (2022-2029)
5.4.3.3. Germany Butter Market Size and Forecast, by Form (2022-2029)
5.4.4. Italy
5.4.4.1. Italy Butter Market Size and Forecast, by Nature (2022-2029)
5.4.4.2. Italy Butter Market Size and Forecast, by End-use (2022-2029)
5.4.4.3. Italy Butter Market Size and Forecast, by Form(2022-2029)
5.4.5. Spain
5.4.5.1. Spain Butter Market Size and Forecast, by Nature (2022-2029)
5.4.5.2. Spain Butter Market Size and Forecast, by End-use (2022-2029)
5.4.5.3. Spain Butter Market Size and Forecast, by Form (2022-2029)
5.4.6. Sweden
5.4.6.1. Sweden Butter Market Size and Forecast, by Nature (2022-2029)
5.4.6.2. Sweden Butter Market Size and Forecast, by End-use (2022-2029)
5.4.6.3. Sweden Butter Market Size and Forecast, by Form (2022-2029)
5.4.7. Austria
5.4.7.1. Austria Butter Market Size and Forecast, by Nature (2022-2029)
5.4.7.2. Austria Butter Market Size and Forecast, by End-use (2022-2029)
5.4.7.3. Austria Butter Market Size and Forecast, by Form (2022-2029)
5.4.8. Rest of Europe
5.4.8.1. Rest of Europe Butter Market Size and Forecast, by Nature (2022-2029)
5.4.8.2. Rest of Europe Butter Market Size and Forecast, by End-use (2022-2029)
5.4.8.3. Rest of Europe Butter Market Size and Forecast, by Form (2022-2029)

6. Asia Pacific Butter Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029
6.1. Asia Pacific Butter Market Size and Forecast, by Nature (2022-2029)
6.2. Asia Pacific Butter Market Size and Forecast, by End-use (2022-2029)
6.3. Asia Pacific Butter Market Size and Forecast, by Form (2022-2029)
6.4. Asia Pacific Butter Market Size and Forecast, by Country (2022-2029)
6.4.1. China
6.4.1.1. China Butter Market Size and Forecast, by Nature (2022-2029)
6.4.1.2. China Butter Market Size and Forecast, by End-use (2022-2029)
6.4.1.3. China Butter Market Size and Forecast, by Form (2022-2029)
6.4.2. S Korea
6.4.2.1. S Korea Butter Market Size and Forecast, by Nature (2022-2029)
6.4.2.2. S Korea Butter Market Size and Forecast, by End-use (2022-2029)
6.4.2.3. S Korea Butter Market Size and Forecast, by Form (2022-2029)
6.4.3. Japan
6.4.3.1. Japan Butter Market Size and Forecast, by Nature (2022-2029)
6.4.3.2. Japan Butter Market Size and Forecast, by End-use (2022-2029)
6.4.3.3. Japan Butter Market Size and Forecast, by Form (2022-2029)
6.4.4. India
6.4.4.1. India Butter Market Size and Forecast, by Nature (2022-2029)
6.4.4.2. India Butter Market Size and Forecast, by End-use (2022-2029)
6.4.4.3. India Butter Market Size and Forecast, by Form (2022-2029)
6.4.5. Australia
6.4.5.1. Australia Butter Market Size and Forecast, by Nature (2022-2029)
6.4.5.2. Australia Butter Market Size and Forecast, by End-use (2022-2029)
6.4.5.3. Australia Butter Market Size and Forecast, by Form (2022-2029)
6.4.6. Indonesia
6.4.6.1. Indonesia Butter Market Size and Forecast, by Nature (2022-2029)
6.4.6.2. Indonesia Butter Market Size and Forecast, by End-use (2022-2029)
6.4.6.3. Indonesia Butter Market Size and Forecast, by Form (2022-2029)
6.4.7. Malaysia
6.4.7.1. Malaysia Butter Market Size and Forecast, by Nature (2022-2029)
6.4.7.2. Malaysia Butter Market Size and Forecast, by End-use (2022-2029)
6.4.7.3. Malaysia Butter Market Size and Forecast, by Form (2022-2029)
6.4.8. Vietnam
6.4.8.1. Vietnam Butter Market Size and Forecast, by Nature (2022-2029)
6.4.8.2. Vietnam Butter Market Size and Forecast, by End-use (2022-2029)
6.4.8.3. Vietnam Butter Market Size and Forecast, by Form(2022-2029)
6.4.9. Taiwan
6.4.9.1. Taiwan Butter Market Size and Forecast, by Nature (2022-2029)
6.4.9.2. Taiwan Butter Market Size and Forecast, by End-use (2022-2029)
6.4.9.3. Taiwan Butter Market Size and Forecast, by Form (2022-2029)
6.4.10. Rest of Asia Pacific
6.4.10.1. Rest of Asia Pacific Butter Market Size and Forecast, by Nature (2022-2029)
6.4.10.2. Rest of Asia Pacific Butter Market Size and Forecast, by End-use (2022-2029)
6.4.10.3. Rest of Asia Pacific Butter Market Size and Forecast, by Form (2022-2029)

7. Middle East and Africa Butter Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029
7.1. Middle East and Africa Butter Market Size and Forecast, by Nature (2022-2029)
7.2. Middle East and Africa Butter Market Size and Forecast, by End-use (2022-2029)
7.3. Middle East and Africa Butter Market Size and Forecast, by Form (2022-2029)
7.4. Middle East and Africa Butter Market Size and Forecast, by Country (2022-2029)
7.4.1. South Africa
7.4.1.1. South Africa Butter Market Size and Forecast, by Nature (2022-2029)
7.4.1.2. South Africa Butter Market Size and Forecast, by End-use (2022-2029)
7.4.1.3. South Africa Butter Market Size and Forecast, by Form (2022-2029)
7.4.2. GCC
7.4.2.1. GCC Butter Market Size and Forecast, by Nature (2022-2029)
7.4.2.2. GCC Butter Market Size and Forecast, by End-use (2022-2029)
7.4.2.3. GCC Butter Market Size and Forecast, by Form (2022-2029)
7.4.3. Nigeria
7.4.3.1. Nigeria Butter Market Size and Forecast, by Nature (2022-2029)
7.4.3.2. Nigeria Butter Market Size and Forecast, by End-use (2022-2029)
7.4.3.3. Nigeria Butter Market Size and Forecast, by Form (2022-2029)
7.4.4. Rest of ME&A
7.4.4.1. Rest of ME&A Butter Market Size and Forecast, by Nature (2022-2029)
7.4.4.2. Rest of ME&A Butter Market Size and Forecast, by End-use (2022-2029)
7.4.4.3. Rest of ME&A Butter Market Size and Forecast, by Form (2022-2029)

8. South America Butter Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029
8.1. South America Butter Market Size and Forecast, by Nature (2022-2029)
8.2. South America Butter Market Size and Forecast, by End-use (2022-2029)
8.3. South America Butter Market Size and Forecast, by Form(2022-2029)
8.4. South America Butter Market Size and Forecast, by Country (2022-2029)
8.4.1. Brazil
8.4.1.1. Brazil Butter Market Size and Forecast, by Nature (2022-2029)
8.4.1.2. Brazil Butter Market Size and Forecast, by End-use (2022-2029)
8.4.1.3. Brazil Butter Market Size and Forecast, by Form (2022-2029)
8.4.2. Argentina
8.4.2.1. Argentina Butter Market Size and Forecast, by Nature (2022-2029)
8.4.2.2. Argentina Butter Market Size and Forecast, by End-use (2022-2029)
8.4.2.3. Argentina Butter Market Size and Forecast, by Form (2022-2029)
8.4.3. Rest Of South America
8.4.3.1. Rest Of South America Butter Market Size and Forecast, by Nature (2022-2029)
8.4.3.2. Rest Of South America Butter Market Size and Forecast, by End-use (2022-2029)
8.4.3.3. Rest Of South America Butter Market Size and Forecast, by Form (2022-2029)

9. Global Butter Market: Competitive Landscape
9.1. MMR Competition Matrix
9.2. Competitive Landscape
9.3. Key Players Benchmarking
9.3.1. Company Name
9.3.2. Business Segment
9.3.3. End-user Segment
9.3.4. Revenue (2022)
9.3.5. Production of 2022
9.3.6. Company Locations
9.4. Leading Butter Market Companies, by market capitalization
9.5. Analysis of Organized and Unorganized Key Players in Butter Industry
9.6. Market Structure
9.6.1. Market Leaders
9.6.2. Market Followers
9.6.3. Emerging Players
9.7. Mergers and Acquisitions Details

10. Company Profile: Key Players
10.1. Royal FrieslandCampina N.V
10.1.1. Company Overview
10.1.2. Business Portfolio
10.1.3. Financial Overview
10.1.4. SWOT Analysis
10.1.5. Strategic Analysis
10.1.6. Scale of Operation (small, medium, and large)
10.1.7. Details on Partnership
10.1.8. Regulatory Accreditations and Certifications Received by Them
10.1.9. Awards Received by the Firm
10.1.10. Recent Developments
10.2. Fonterra Co-operative Group Limited
10.3. Groupe Lactalis S.A.
10.4. Arla Foods amba
10.5. Amul (GCMMF)
10.6. Dean Foods Co
10.7. Glanbia Plc.
10.8. Saputo Inc.
10.9. Dairy Farmers of America
10.10. Valio Oy
10.11. Meiji Holdings Company, Ltd.
10.12. Land O' Lakes, Inc.
10.13. Granarolo S.P.A.
10.14. Nestlé S.A.
10.15. Kerry Group
10.16. Sodiaal International SA
10.17. Britannia Industries Ltd

11. Key Findings

12. Industry Recommendations

13. Butter Market: Research Methodology

14. Terms and Glossary
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