The global market for Butter was valued at US$25.9 Billion in 2024 and is projected to reach US$32.7 Billion by 2030, growing at a CAGR of 4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The global butter market is witnessing growth fueled by trends such as the rising demand for natural and organic products, increased home cooking and baking activities, and the popularity of gourmet and artisanal butter varieties. Consumers are shifting towards healthier, less processed foods, leading to a preference for organic butter made from cows fed natural, non-GMO feed. The surge in home cooking, influenced by remote work policies, has increased the demand for butter, known for its health benefits and flavor-enhancing properties.
Premiumization is evident in the butter market, with consumers seeking high-quality, artisanal products offering unique flavors and textures. Flavored and infused butters, catering to diverse culinary preferences, are gaining popularity, along with sustainable and ethically produced options. Additionally, functional and fortified butters, including vegan and plant-based alternatives, are emerging to meet the demands of health-conscious consumers seeking sustainable and nutritious options.
Global Butter Market - Key Trends and Drivers Summarized
Butter, a versatile dairy product made from churned cream, remains a staple in kitchens globally, used in various culinary applications such as spreading, baking, and frying. The butter industry is influenced by health trends, culinary innovations, and changing consumer preferences, driving further growth and diversification in butter offerings. From traditional spreads to clarified butter for high-heat cooking, butter continues to be essential in both home and professional kitchens.The global butter market is witnessing growth fueled by trends such as the rising demand for natural and organic products, increased home cooking and baking activities, and the popularity of gourmet and artisanal butter varieties. Consumers are shifting towards healthier, less processed foods, leading to a preference for organic butter made from cows fed natural, non-GMO feed. The surge in home cooking, influenced by remote work policies, has increased the demand for butter, known for its health benefits and flavor-enhancing properties.
Premiumization is evident in the butter market, with consumers seeking high-quality, artisanal products offering unique flavors and textures. Flavored and infused butters, catering to diverse culinary preferences, are gaining popularity, along with sustainable and ethically produced options. Additionally, functional and fortified butters, including vegan and plant-based alternatives, are emerging to meet the demands of health-conscious consumers seeking sustainable and nutritious options.
Report Scope
The report analyzes the Butter market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below.Segments
Category (Salted, Unsalted).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Salted Butter segment, which is expected to reach US$21.8 Billion by 2030 with a CAGR of a 3.5%. The Unsalted Butter segment is also set to grow at 5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $6.9 Billion in 2024, and China, forecasted to grow at an impressive 6.6% CAGR to reach $6.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Butter Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Butter Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Butter Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Arla Foods Ltd., Gujarat Cooperative Milk Marketing Federation (AMUL), Land O'Lakes, Inc., Nestle India Ltd., Organic Valley Family of Farms and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 154 companies featured in this Butter market report include:
- Arla Foods Ltd.
- Gujarat Cooperative Milk Marketing Federation (AMUL)
- Land O'Lakes, Inc.
- Nestle India Ltd.
- Organic Valley Family of Farms
- Ornua Co-operative Ltd.
- Royal FrieslandCampina NV
- The Kraft Heinz Company
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arla Foods Ltd.
- Gujarat Cooperative Milk Marketing Federation (AMUL)
- Land O'Lakes, Inc.
- Nestle India Ltd.
- Organic Valley Family of Farms
- Ornua Co-operative Ltd.
- Royal FrieslandCampina NV
- The Kraft Heinz Company
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 239 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 25.9 Billion |
Forecasted Market Value ( USD | $ 32.7 Billion |
Compound Annual Growth Rate | 4.0% |
Regions Covered | Global |