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Butter Market
Butter Market By Product Type (Uncultured, Cultured, Salted, Whipped), Processing
(Processed, Unprocessed), Usage (Spreadable, Non-Spreadable), End Use (Food Processing,
Bakery, Dairy and Frozen Desserts), Distribution Channel (Direct, Indirect) & Region -
Forecast 2022 – 2032
March 2022 | REP-GB-14400 |
350 pages
|
Food and
Beverage
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Butter Market Outlook (2022-2032)
[350 Pages Report] The global butter market is estimated to
reach US$ 17.8 Bn in 2022 and is projected to surpass US$
28.7 Bn by 2032, at a CAGR of 4.9% during the forecast period
of 2022 to 2032.
Butter Market Size (2022E)
US$ 17.8 Bn
Butter Market Projected Size (2032F)
US$ 28.7 Bn
Butter Market Value-based CAGR (2022-2032)
4.9%
Butter Market Top 3 Countries Market Share
36.7%
Consumers shifting focus towards healthier products in place of
seeking for functional ingredients is driving the demand in the
market. Growing emphasis on natural food products that are
free from any kind of additives and stabilizers is fuelling the
sales.
Besides this, consumers are unwilling to compromise with taste,
increasing the consumption of healthy food products. Hence,
surging demand for natural and low-processed dairy products
such as butter and cream will boost the market.
Hence, key manufacturers are launching new products
containing butter in response to the popularity among
consumers. Butter is widely used as a flavour in several ready-
to-eat drinks and foods. To capitalize on this trend, food
manufacturers are incorporating butter as a flavor in their
products. Snack manufacturers are using butter for enhancing
the flavor of their products such as wafers, biscuits, and others.
2017-2021 Butter Market Outlook in
Comparison to 2022-2032 Growth Foreca