Report overview
Butter is a solid dairy product made by churning fresh or fermented cream or milk, to separate the butterfat from the buttermilk. It is generally used as a spread on plain or toasted bread products and a condiment on cooked vegetables, as well as in cooking, such as baking, sauce making, and pan frying. Butter consists of butterfat, milk proteins and water.
This report aims to provide a comprehensive presentation of the global market for Butter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Butter. This report contains market size and forecasts of Butter in global, including the following market information:
Global Butter Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Butter Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Butter companies in 2022 (%)
The global Butter market was valued at US$ 59850 million in 2022 and is projected to reach US$ 72970 million by 2029, at a CAGR of 2.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Europe is the largest manufacture region with about 21% market share. United States is follower with about 8% market share.
The main manufactures are Fonterra, Ornua, Kalona SuperNatural, Dairy Farmers of America, MS Iceland Dairies, Bertolli, Cabot, Yeo Valley Farms, Clover Stornetta Farms, Arla Foods, Amul, Land O Lakes, Organic Valley, Horizon Organic, Tillamook, Devondale Murray Goulburn, WCB, President Cheese, Rochefort etc. Amul is the largest manufacture with about 10% revenue market share.
We surveyed the Butter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Butter Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Butter Market Segment Percentages, by Type, 2022 (%)
Salted Butter
Unsalted Butter
Global Butter Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Butter Market Segment Percentages, by Application, 2022 (%)
Retail
Food Service
Food Processing
Global Butter Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Butter Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Butter revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Butter revenues share in global market, 2022 (%)
Key companies Butter sales in global market, 2018-2023 (Estimated), (MT)
Key companies Butter sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Fonterra
Ornua
Kalona SuperNatural
Dairy Farmers of America
MS Iceland Dairies
Bertolli
Cabot
Yeo Valley Farms
Clover Stornetta Farms
Arla Foods
Amul
Land O Lakes
Organic Valley
Horizon Organic
Tillamook
Devondale Murray Goulburn
WCB
President Cheese
Rochefort
Outline of Major Chapters:
Chapter 1: Introduces the definition of Butter, market overview.
Chapter 2: Global Butter market size in revenue and volume.
Chapter 3: Detailed analysis of Butter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Butter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Butter capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
