Global Butter Replacers Market size is expected to reach nearly US$ 748.8 Mn by 2026 with the CAGR of 3.4% during the forecast period. The global Butter Replacers market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Butter Replacers market report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Global Butter Replacers Market Overview
Butter is one of the most popular food ingredients in the world and is used food and bakery sector extensively. They come in various Origins, sizes, and weight. But due to their high calories and fat contain the use of butter has gone down. Butter replacers are those food additive products that act as butter or a substitute for butter. Butter helps in keeping the moisture, flavor, state, and taste of baked goods. Without butter food product will not be stable and precise with time the demand for butter substitutes has grown due to increased health consciousness among people Butter substitutes are the same as butter but low in fat and cholesterol which has led upsurge in their demand. The most common butter replacement in the market is Greek yogurt, margarine, avocadoes, vegetable oil, olive oil, and as per the reports olive oil is considered to be the best butter replacement they are beneficial for people suffering from heart disease and diabetes.Global Butter Replacers Market Dynamics
An increase in the awareness among people about chronic heal problems such as obesity, heart disease, high/low BP has driven the market growth of butter replacers in the long term. As regular butter contains high saturated fat, calorie, cholesterol which affect the geriatric population most, Due to which butter replacers are in huge demand. According to available data around 422 million people are suffering from diabetes and approximately 1.5 million people die annually and both numbers are increasing decade by decade. This has led to the high consumption of less fatty butter and ingredients. Increased investment in research and development for the production of new and innovative butter substitutes in developing and developed nations has increased the growth of the market. Continuous demand of healthy butter substitute from health-conscious and old age people have fueled the innovative techniques of market key players. Furthermore, demand for clean label food and ingredients due to an increase in the income level and rising living standards have fueled the market growth of butter replacers. However, various factors upon consuming certain butter substitutes such as increased cholesterol increased problem of heart disease, and High-Density lipoprotein (HDP) combined with fact that FDA allows substitutes product with trans-fat of 0.5 grams per serving to be considered as 0. It Means trans-fat is there even while consuming a butter replacement. Which may hinder the butter replacers’ market growth.Global Butter Replacers Market Segment Analysis
Based on origin, the butter replacer market is segmented into Plant-based butter and animal-based butter. The segment of plant-based butter has dominated the market due to consumers increasing demand for healthy and better alternatives of dairy-based butter without compromising with the taste. Plant-based butter also termed vegan butter has 0 trans-fat and a low level of saturated fat as compared to animal-based butter and margarine, plant-based butter is healthy not only for humans but for the environment and animals as well and is made combining water with vegetable oil. Plant-based butter has several health benefits such as the reduced risk of obesity and heart disease. As they are free of animal products Based on type, the market is segmented into vegetable oil, olive oil, coconut oil, margarine, Greek yogurt, and others of which the segment of olive oil has dominated the market. Olive oil possesses the same characteristics as butter having no dietary cholesterol, olive oil contains monounsaturated fat which is healthier than the fat found in butter. According to reports, olive oil can reduce the risk of cardiovascular disease. It can also be used as a spread for food. The segment of Greek yogurt is also growing and is common in the Indian subcontinent as a butter replacer s it can provide tangy and rich flavor for baked goods Based on end-use the market is segmented into the food industry, bakery and confectionery products, salads and dressings, and others. Of which the segment of the food industry has dominated the market. With increased knowledge of the health benefits of using butter alternatives, it has driven the market demand for butter replacers. The most commonly used alternatives are olive oil, coconut oil, and Greek yogurt and they have less fat and cholesterol level. Consumer demand for low-calorie and fat-free baked goods has driven the segment's market growth.
Global Butter Replacers Market Regional Insights:
North America and Asia pacific dominated the market for butter replacers, due to increased demand for healthy food, rise in the level of income, and increasing investment in research and development. These regions have the most people consuming butter alternatives daily because of butter's health benefits a minimization of risk regarding heart and diabetes. Olive oil, Greek yogurt, and coconut are used extensively in North America s substitutes. In the Asia Pacific, cocoa butter is in growing demand due to its health benefits to such as skin smoothening and rich source of vitamin E. South America and Europe have also witnessed an upsurge in the butter replacers market due to the increase in the use of plant-based butter. Rapid industrial development and the presence of major key players are fueling the market growth. Shifting consumer preference for unsaturated and high-protein food increased the use of butter alternatives. Ireland Spain, Germany, Italy are the major contributor to the growth of the European market in the region. In South America, butter substitutes are spreading their rich through knowledge and health benefits. Brazil is contributing majorly to the region's market growth. The Middle East and Africa have shown slow signs of growth rates due to less prevalence of butter substitutes in the region. Although the shift of key players in the region due to the aim of targeting untapped market and increase in urbanization and infrastructural development. As the Middle East and Africa is the second largest continent in the world contributing more the having 20% of the global population the region is expected to grow. The objective of the report is to present a comprehensive analysis of the Global Butter Replacers 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, SVOR, 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 report also helps in understanding the Global Butter Replacers Market dynamics, structure by analyzing the market segments and project the Global Butter Replacers Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Butter Replacers Market make the report investor’s guide.Global Butter Replacers Market Scope: Inquire before buying
Global Butter Replacers Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaGlobal Butter Replacers Market Key Players
• Danone • Fonterra • FrieslandCampina. • Dairy Farmers of America • Arla Foods • Yili Group • Meiji Holdings • Amul • Arla Foods • Dean Foods • Dairy Farmers of America • Müller • Schreiber Foods • Savencia Fromage & Dairy
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Butter Replacers Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Butter Replacers Products Market 3.4. Geographical Snapshot of the Butter Replacers Products Market, By Manufacturer share 4. Global Butter Replacers Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Butter Replacers Market 5. Supply Side and Demand Side Indicators 6. Global Butter Replacers Market Analysis and Forecast, 2019-2026 6.1 Butter Replacers Market Size & Y-o-Y Growth Analysis 7. Global Butter Replacers Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Origin, 2019-2026 7.1.1. Plant-Based Butter 7.1.2. Animal Based Butter 7.2. Market Size (Value) Estimates & Forecast By Type, 2019-2026 7.2.1. Vegetable Oil 7.2.2. Olive Oil 7.2.3. Coconut Oil 7.2.4. Margarine 7.2.5. Greek Yogurt 7.2.6. Others 7.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 7.3.1. Food Industry 7.3.2. Bakery Confectionery Products 7.3.3. Salads and Dressings 7.3.4. Others 7.4. Market Size (Value) Estimates & Forecast By Region, 2019-2026 7.4.1. North America 7.4.2. Europe 7.4.3. Asia-Pacific 7.4.4. Middle East & Africa 7.4.5. South America 8. North America Butter Replacers Market Analysis and Forecasts, 2019-2026 8.1. Market Size (Value) Estimates & Forecast By Origin, 2019-2026 8.1.1 Plant-Based Butter 8.1.2 Animal-Based Butter 8.2. Market Size (Value) Estimates & Forecast By Type, 2019-20226 8.2.1. Vegetable Oil 8.2.2. Olive Oil 8.2.3. Coconut Oil 8.2.4. Margarine 8.2.5. Greek Yogurt 8.2.6. Others 8.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 8.3.1. Food Industry 8.3.2. Bakery Confectionery Products 8.3.3. Salads and Dressings 8.3.4. Others 8 North America Butter Replacers Market Analysis and Forecasts, By Country 8.1 Market Size (Value) Estimates & Forecast By Country, 2019-2026 8.1.1 US 8.1.2 Canada 8.1.3 Mexico 9 U.S. Butter Replacers Market Analysis and Forecasts, 2019-2026 9.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 9.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 9.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 10 Canada Butter Replacers Market Analysis and Forecasts, 2019-2026 10.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 10.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 10.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 11 Mexico Butter Replacers Market Analysis and Forecasts, 2019-2026 11.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 11.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 11.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 12 Europe Butter Replacers Market Analysis and Forecasts, 2019-2026 12.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 12.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 12.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 13 Europe Butter Replacers Market Analysis and Forecasts, By Country 13.1 Market Size (Value) Estimates & Forecast By Country, 2019-2026 13.1.1 U.K 13.1.2 France 13.1.3 Germany 13.1.4 Italy 13.1.5 Spain 13.1.6 Sweden 13.1.7 CIS Countries 13.1.8 Rest of Europe 14 U.K. Butter Replacers Market Analysis and Forecasts, 2019-2026 14.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 14.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 14.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 15 France Butter Replacers Market Analysis and Forecasts, 2019-2026 15.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 15.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 15.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 16 Germany Butter Replacers Market Analysis and Forecasts, 2019-2026 16.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 16.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 16.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 17 Italy Butter Replacers Market Analysis and Forecasts, 2019-2026 17.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 17.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 17.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 18 Spain Butter Replacers Market Analysis and Forecasts, 2019-2026 18.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 18.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 18.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 19 Sweden Butter Replacers Market Analysis and Forecasts, 2019-2026 19.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 19.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 19.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 20 CIS Countries Butter Replacers Market Analysis and Forecasts, 2019-2026 20.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 20.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 20.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 21 Rest of Europe Butter Replacers Market Analysis and Forecasts, 2019-2026 21.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 21.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 21.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 22 Asia Pacific Butter Replacers Market Analysis and Forecasts, 2019-2026 22.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 22.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 22.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 23 Asia Pacific Butter Replacers Market Analysis and Forecasts, by Country 23.1 Market Size (Value) Estimates & Forecast By Country, 2019-2026 23.1.1 China 23.1.2 India 23.1.3 Japan 23.1.4 South Korea 23.1.5 Australia 23.1.6 ASEAN 23.1.7 Rest of Asia Pacific 24 China Butter Replacers Market Analysis and Forecasts, 2019-2026 24.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 24.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 24.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 25 India Butter Replacers Market Analysis and Forecasts, 2019-2026 25.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 25.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 25.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 26 Japan Butter Replacers Market Analysis and Forecasts, 2019-2026 26.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 26.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 26.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 27 South Korea Butter Replacers Market Analysis and Forecasts, 2019-2026 27.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 27.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 27.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 28 Australia Butter Replacers Market Analysis and Forecasts, 2019-2026 28.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 28.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 28.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 28.4 Market Size (Value) Estimates & Forecast By Region, 2019-2026 29 ASEAN Butter Replacers Market Analysis and Forecasts, 2019-2026 29.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 29.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 29.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 30 Rest of Asia Pacific Butter Replacers Market Analysis and Forecasts, 2019-2026 30.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 30.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 30.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 31 Middle East Africa Butter Replacers Market Analysis and Forecasts, 2019-2026 31.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 31.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 31.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 32 Middle East Africa Butter Replacers Market Analysis and Forecasts, by Country 32.1 Market Size (Value) Estimates & Forecast by Country, 2019-2026 32.1.1 South Africa 32.1.2 GCC Countries 32.1.3 Egypt 32.1.4 Nigeria 32.1.5 Rest of ME&A 33 South Africa Butter Replacers Market Analysis and Forecasts, 2019-2026 33.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 33.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 33.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 34 GCC Countries Butter Replacers Market Analysis and Forecasts, 2019-2026 34.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026Market Size (Value) Estimates & Forecast By Type, 2019-2026 34.2 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 35 Egypt Butter Replacers Market Analysis and Forecasts, 2019-2026 35.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 35.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 35.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 36 Nigeria Butter Replacers Market Analysis and Forecasts, 2019-2026 36.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 36.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 36.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 37 Rest of ME&A Butter Replacers Market Analysis and Forecasts, 2019-2026 37.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 37.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 37.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 38 South America Butter Replacers Market Analysis and Forecasts, 2019-2026 38.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 38.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 38.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 39 South America Butter Replacers Market Analysis and Forecasts, by Country 39.1 Market Size (Value) Estimates & Forecast by Country, 2019-2026 39.1.1 Brazil 39.1.2 Argentina 39.1.3 Rest of South America 40 Brazil Butter Replacers Market Analysis and Forecasts, 2019-2026 40.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 40.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 40.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 41 Argentina Butter Replacers Market Analysis and Forecasts, 2019-2026 41.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 41.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 41.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 42 Rest of South America Butter Replacers Market Analysis and Forecasts, 2019-2026 42.1 Market Size (Value) Estimates & Forecast By Origin, 2019-2026 42.2 Market Size (Value) Estimates & Forecast By Type, 2019-2026 42.3 Market Size (Value) Estimates & Forecast By End-Use, 2019-2026 43 Competitive Landscape 43.1 Geographic Footprint of Major Players in the Global Butter Replacers Market 43.2 Competition Matrix 43.2.1 Competitive Benchmarking of Key Players By Price, Presence, Market Share, End-Uses and R&D Investment 43.2.2 New Product Launches and Product Enhancements 43.2.3 Market Consolidation 43.2.3.1 M&A by Regions, Investment and Verticals 43.2.3.2 M&A, Forward Integration and Backward Integration 43.2.3.3 Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 43.3 Company Profile : Key Players 43.3.1 Yili Group 43.3.1.1 Company Overview 43.3.1.2 Financial Overview 43.3.1.3 Geographic Footprint 43.3.1.4 Product Portfolio 43.3.1.5 Business Strategy 43.3.1.6 Recent Developments 45.3.2 Danone 45.3.3 Fonterra 45.3.4 FrieslandCampina. 45.3.5 Dairy Farmers of America 45.3.6 Arla Foods 45.3.7 Meiji Holdings 45.3.8 Amul 45.3.9 Arla Foods 45.3.10 Dean Foods 45.3.11 Dairy Famers of America 45.3.12 Müller 45.3.13 Schreiber Foods 45.3.14 Savencia Fromage & Dairy 46 Primary Key Insights