Melt in Your Mouth Magic Exploring the Butter Market

The global Butter Market size is expected to be valued at USD 19.86 thousand units in 2024 and reach USD 24.05 thousand units by 2029, growing at a CAGR of 3.90% from 2024 to 2029.

Global Butter Market Report Scope:
• Market Size (2029): USD 24.05 thousand units
• Market Size (2024): USD 19.86 thousand units
• CAGR (2024 to 2029): 3.90%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Product Type, Processing, Usage, Distribution Channel and Region
• Geographies Covered: North America, Europe, APAC, Latin America, Middle East & Africa
• Key Market Players Profiled: Groupe Lactalis, Unilever PLC, Koninklijke FrieslandCampina NV, Fonterra Co-operative Group Limited, Gujarat Co-operative Milk Marketing Federation Ltd, Nestlé SA, Land O'Lakes, Inc, Hatsun Agro Product Limited, Arla Foods, Glanbia plc and others. They are playing a dominant role in the global butter market.

Butter has significant usage in varied forms, especially in bakery & confectionery products. Butter adds taste to the product due to its unique properties. It has the most dominant use as a churning cream that can be used as a spread and flavoring agent in packaged foods and in cooking. The increasing demand for bakery and confectionery food products across the world is certainly a major factor in the market's growth at a higher rate. The government's growing support for the food and beverage industry through investments is likely to surge the growth rate of the market. A growing number of chronic diseases like cardiovascular, cancer, obesity, diabetes, and others are additionally fueling the market value. People are more likely to adopt healthy food habits to lower the risk of getting chronic diseases. This is amplifying the demand to use butter in various foods as it contains low saturated fats and promotes good health. The demand is especially very high when making bakery products like cookies, wafers, and muffins. Changes in lifestyle and people's preference for ready-to-eat food products due to lack of time in the hectic schedules in the workplace are attributed to showcasing huge growth opportunities for the market.

The launch of innovative products in favor of consumers who seek healthy food options for snacks or processed foods is accelerating the growth rate of the market. Key players are focussing on the development of new products in the food processing industry as the number of people consuming fast food items is increasing. Growing disposable income, especially in urban areas in both developed and emerging countries, is gearing up the growth rate of the butter market. In addition, rising awareness of the new products through social media content influencers is outraging the market value. The rapid adoption of advanced technologies in the food and beverages industry is another factor that is increasing the market size during the forecast period.

However, the price of premium quality products is a bit high as the production supply of raw materials and other ingredients varies accordingly. Lack of standardization and availability of alternate products at very low cost in remote areas are hindering the butter market growth rate. As butter contains milk solids, the demand for the products manufactured with butter among lactose intolerant people is decreasing, which is negatively impacting the market size.

Browse full details of the report https://www.marketdataforecast.com/market-reports/butter-market

Key Insights from the Report:

• By Type, Cultured butter is anticipated to dominate the global butter Market with the largest market shares, owing to the increasing use of the type of butter Market
• Based on Processing, the Processed occupy a dominant position in the butter market in 2023
• By Usage, the spreadable segment is anticipated to develop with a considerable CAGR in the coming years.
• In Asia Pacific the supply of butter has always been strongly influenced by increasing volumes in the domestic market, mainly the confectionery and bakery industries. Butter processing plants in the Asia Pacific region have been greatly expanded to meet consumer demand, which has driven market growth.
• Groupe Lactalis, Unilever PLC, Koninklijke FrieslandCampina NV, Fonterra Co-operative Group Limited, Gujarat Co-operative Milk Marketing Federation Ltd, Nestlé SA, Land O'Lakes, Inc, Hatsun Agro Product Limited, Arla Foods, Glanbia plc and others.

SEGMENTATION INCLUDED IN THIS REPORT:
By Type:
• Non-cultured butter
• Cultured butter
• Whipped
• Salt
By Processing:
• Processed
• Non-processed
By Usage:
• Spreadable
• Non-spreadable
By Region:
• North America
• Europe
• APAC
• Latin America
• Middle East & Africa

Browse Regional Reports:
North America Butter Market Research Report - segmented by Product Type, Processing, Usage, Distribution Channel and Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/na-butter-market

Europe Butter Market Research Report - segmented by Product Type, Processing, Usage, Distribution Channel and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-butter-market

APAC Butter Market Research Report - Segmented By Product Type, Processing, Usage, Distribution Channel & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029 ) - https://www.marketdataforecast.com/market-reports/apac-butter-market

Latin America Butter Market Research Report - segmented by Product Type, Processing, Usage, Distribution Channel & Country (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/la-butter-market

Middle East & Africa Butter Market Research Report - Segmented By Product Type, Processing, Usage, Distribution Channel & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from 2024 to 2029 - https://www.marketdataforecast.com/market-reports/mea-butter-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferences
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Butter Market, By Product Type
6.1.1 Uncultured Butter
6.1.2 Cultured Butter
6.1.3 Whipped
6.1.4 Salted
6.1.5 Market Size Estimations & Forecasts (2024-2029)
6.1.6 Y-o-Y Growth Rate Analysis
6.1.7 Market Attractiveness Index
6.2 Butter Market, By Processing
6.2.1 Processed
6.2.2 Non-Processed
6.2.3 Market Size Estimations & Forecasts (2024-2029)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Butter Market, By Usage
6.3.1 Spreadable
6.3.2 Non-Spreadable
6.3.3 Market Size Estimations & Forecasts (2024-2029)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Butter Market, By Distribution Channel
6.4.1 Convenience Stores
6.4.2 Supermarkets/Hypermarkets
6.4.3 Online Retail Stores
6.4.4 Specialty Stores
6.4.5 Market Size Estimations & Forecasts (2024-2029)
6.4.6 Y-o-Y Growth Rate Analysis
6.4.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market by Region
7.2 North America - Market Analysis (2024-2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Product Type
7.2.3 By Processing
7.2.4 By Usage
7.2.5 By Distribution Channel
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Product Type
7.3.3 By Processing
7.3.4 By Usage
7.3.5 By Distribution Channel
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Product Type
7.4.3 By Processing
7.4.4 By Usage
7.4.5 By Distribution Channel
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Product Type
7.5.3 By Processing
7.5.4 By Usage
7.5.5 By Distribution Channel
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Product Type
7.6.3 By Processing
7.6.4 By Usage
7.6.5 By Distribution Channel
8. Key Player Analysis
8.1 Groupe Lactalis
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Unilever PLC
8.3 Koninklijke FrieslandCampina NV
8.4 Fonterra Co-operative Group Limited
8.5 Gujarat Co-operative Milk Marketing Federation Ltd
8.6 Nestlé SA
8.7 Land O'Lakes, Inc
8.8 Hatsun Agro Product Limited
8.9 Arla Foods
8.10 Glanbia Plc
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures

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MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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