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Cultured Buttermilk Market By Form, By Application, By Distribution channel: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 310 Pages
  • October 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725414
The cultured buttermilk market was valued at $1,377.5 million in 2021, and is projected to reach $2,113.4 million by 2031, registering a CAGR of 4.4% from 2022 to 2031. The bakery segment was the highest revenue contributor to the market, with $397.3 million in 2021, and is estimated to reach $600.5 million by 2031, with a CAGR of 4.2%. Culture buttermilk is fermented milk. Cultured buttermilk is milk that has been pasteurized and homogenized. The cultured buttermilk has an aromatic, slightly acidic taste with a viscous texture making it look attractive to consumers. The most common bacterial strains used for fermentation process are Lactobacillus and Bifidobacterium. During the conversion process, various substances are released such as diacetyl, acetic acid, and acetaldehyde, which helps to impart characteristic taste and aroma to the products. During fermentation process of kefir and koumiss, ethyl alcohol is also produced. These fermented dairy products not only impart taste but also provides texture and consistency to certain products such as dips and sauces.

Cultured buttermilk offers medical benefits such as lowering cholesterol and protects against bone loss. It also cures digestion issues and also works as a cooling agent. The cultured buttermilk with its health-promoting and anti-infection properties is highly recommended by doctors to the aged, the sick, and even nursing mothers.

Fermented milk and buttermilk products are also considered to have anti-carcinogenic effect, which may protect against certain cancers. Apart from health benefits, fermentation process helps to prolong the shelf life of dairy products and enhances their taste and aroma. Hence, versatile properties exhibited by fermented dairy products is attributed to the significant growth of the market. Rise in number of product launches is also anticipated to drive the cultured buttermilk market during the forecast period.

Development of new products with improved taste and versatility, along with high marketing support, has led to the launch of several new products in the recent past. Kefir drinks in organic fruit flavors, non-Greek yogurt products, single serve cups of cottage cheese in various fruit flavors, and protein kefir are some of the products launched in the past few years by major industry players. With the launch of several new products during the culture buttermilk market forecast period, the market outlook is expected to be positive.

The global cultured buttermilk market is categorized into form, end use, sales channel and region. By Form, it is classified into liquid and powder. on the basis of application, it is fragmented into bakery, confectionery, beverages, dairy, and others. Based on the distribution channel, the market is segmented into business-to-business and business-to-consumer. Region wise, the market is analyzed across North America (U. S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Belgium, Netherland, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, Saudi Arabia, Chile, and Rest of LAMEA).

The key players profiled in this report include All American Foods, BV Dairy, Crystal Creamery, Daylesford Organic Limited, Jess's Ladies Organic Farm Milk, Longley Farm, Producers Dairy, SacoFoods, and St David Dairy Pty Ltd.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cultured buttermilk market analysis from 2021 to 2031 to identify the prevailing cultured buttermilk market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the cultured buttermilk market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global cultured buttermilk market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Application

  • Bakery
  • Confectionery
  • Dairy
  • Beverages
  • Others

By Form

  • Liquid
  • Powder

By Distribution channel

  • Business to business
  • Business to consumer
  • sub type
  • Hypermarkets and supermarkets
  • Specialty Stores
  • Others

By Region

  • North America
  • U. S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Belgium
  • Russia
  • Netherlands
  • Spain
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Thailand
  • Indonesia
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • Chile
  • Algeria
  • South Africa
  • Rest Of LAMEA

Key Market Players

  • LUPICIA CO., LTD
  • COFCO
  • Teasenz
  • CALIFORNIA TEA HOUSE
  • Panella Foods and Beverages Private Limited
  • Bettys and Taylors Group Ltd
  • FMS Consumer Products Pvt Ltd
  • Bharat Group
  • VAHDAM
  • Stash Tea

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Market Share Analysis

CHAPTER 4: CULTURED BUTTERMILK MARKET, BY FORM
4.1 Overview
4.1.1 Market size and forecast
4.2 Liquid
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Powder
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: CULTURED BUTTERMILK MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Bakery
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Confectionery
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Dairy
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Beverages
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country

CHAPTER 6: CULTURED BUTTERMILK MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.1.1 Market size and forecast
6.2 Business to business
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Business to consumer
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.3.4 Business to consumer Cultured Buttermilk Market by sub type
6.3.4.1 Hypermarkets and supermarkets Market size and forecast, by region
6.3.4.2 Specialty Stores Market size and forecast, by region
6.3.4.3 Others Market size and forecast, by region

CHAPTER 7: CULTURED BUTTERMILK MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Form
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by Distribution channel
7.2.4.1 North America Business to consumer Cultured Buttermilk Market by sub type
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Market size and forecast, by Form
7.2.5.1.2 Market size and forecast, by Application
7.2.5.1.3 Market size and forecast, by Distribution channel
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Form
7.2.5.2.2 Market size and forecast, by Application
7.2.5.2.3 Market size and forecast, by Distribution channel
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Form
7.2.5.3.2 Market size and forecast, by Application
7.2.5.3.3 Market size and forecast, by Distribution channel
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Form
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by Distribution channel
7.3.4.1 Europe Business to consumer Cultured Buttermilk Market by sub type
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Form
7.3.5.1.2 Market size and forecast, by Application
7.3.5.1.3 Market size and forecast, by Distribution channel
7.3.5.2 UK
7.3.5.2.1 Market size and forecast, by Form
7.3.5.2.2 Market size and forecast, by Application
7.3.5.2.3 Market size and forecast, by Distribution channel
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Form
7.3.5.3.2 Market size and forecast, by Application
7.3.5.3.3 Market size and forecast, by Distribution channel
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Form
7.3.5.4.2 Market size and forecast, by Application
7.3.5.4.3 Market size and forecast, by Distribution channel
7.3.5.5 Belgium
7.3.5.5.1 Market size and forecast, by Form
7.3.5.5.2 Market size and forecast, by Application
7.3.5.5.3 Market size and forecast, by Distribution channel
7.3.5.6 Russia
7.3.5.6.1 Market size and forecast, by Form
7.3.5.6.2 Market size and forecast, by Application
7.3.5.6.3 Market size and forecast, by Distribution channel
7.3.5.7 Netherlands
7.3.5.7.1 Market size and forecast, by Form
7.3.5.7.2 Market size and forecast, by Application
7.3.5.7.3 Market size and forecast, by Distribution channel
7.3.5.8 Spain
7.3.5.8.1 Market size and forecast, by Form
7.3.5.8.2 Market size and forecast, by Application
7.3.5.8.3 Market size and forecast, by Distribution channel
7.3.5.9 Rest of Europe
7.3.5.9.1 Market size and forecast, by Form
7.3.5.9.2 Market size and forecast, by Application
7.3.5.9.3 Market size and forecast, by Distribution channel
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Form
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by Distribution channel
7.4.4.1 Asia-Pacific Business to consumer Cultured Buttermilk Market by sub type
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Form
7.4.5.1.2 Market size and forecast, by Application
7.4.5.1.3 Market size and forecast, by Distribution channel
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Form
7.4.5.2.2 Market size and forecast, by Application
7.4.5.2.3 Market size and forecast, by Distribution channel
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Form
7.4.5.3.2 Market size and forecast, by Application
7.4.5.3.3 Market size and forecast, by Distribution channel
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by Form
7.4.5.4.2 Market size and forecast, by Application
7.4.5.4.3 Market size and forecast, by Distribution channel
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Form
7.4.5.5.2 Market size and forecast, by Application
7.4.5.5.3 Market size and forecast, by Distribution channel
7.4.5.6 Thailand
7.4.5.6.1 Market size and forecast, by Form
7.4.5.6.2 Market size and forecast, by Application
7.4.5.6.3 Market size and forecast, by Distribution channel
7.4.5.7 Indonesia
7.4.5.7.1 Market size and forecast, by Form
7.4.5.7.2 Market size and forecast, by Application
7.4.5.7.3 Market size and forecast, by Distribution channel
7.4.5.8 Rest of Asia-Pacific
7.4.5.8.1 Market size and forecast, by Form
7.4.5.8.2 Market size and forecast, by Application
7.4.5.8.3 Market size and forecast, by Distribution channel
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Form
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by Distribution channel
7.5.4.1 LAMEA Business to consumer Cultured Buttermilk Market by sub type
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Form
7.5.5.1.2 Market size and forecast, by Application
7.5.5.1.3 Market size and forecast, by Distribution channel
7.5.5.2 Argentina
7.5.5.2.1 Market size and forecast, by Form
7.5.5.2.2 Market size and forecast, by Application
7.5.5.2.3 Market size and forecast, by Distribution channel
7.5.5.3 UAE
7.5.5.3.1 Market size and forecast, by Form
7.5.5.3.2 Market size and forecast, by Application
7.5.5.3.3 Market size and forecast, by Distribution channel
7.5.5.4 Saudi Arabia
7.5.5.4.1 Market size and forecast, by Form
7.5.5.4.2 Market size and forecast, by Application
7.5.5.4.3 Market size and forecast, by Distribution channel
7.5.5.5 Chile
7.5.5.5.1 Market size and forecast, by Form
7.5.5.5.2 Market size and forecast, by Application
7.5.5.5.3 Market size and forecast, by Distribution channel
7.5.5.6 Algeria
7.5.5.6.1 Market size and forecast, by Form
7.5.5.6.2 Market size and forecast, by Application
7.5.5.6.3 Market size and forecast, by Distribution channel
7.5.5.7 South Africa
7.5.5.7.1 Market size and forecast, by Form
7.5.5.7.2 Market size and forecast, by Application
7.5.5.7.3 Market size and forecast, by Distribution channel
7.5.5.8 Rest of LAMEA
7.5.5.8.1 Market size and forecast, by Form
7.5.5.8.2 Market size and forecast, by Application
7.5.5.8.3 Market size and forecast, by Distribution channel

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 LUPICIA CO., LTD
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 COFCO
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Teasenz
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 CALIFORNIA TEA HOUSE
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Panella Foods and Beverages Private Limited
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Bettys and Taylors Group Ltd
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 FMS Consumer Products Pvt Ltd
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Bharat Group
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 VAHDAM
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Stash Tea
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Cultured Buttermilk Market,' the Cultured Buttermilk Market Size was valued at $1.4 billion in 2021, and is estimated to reach $2.1 billion by 2031, growing at a CAGR of 4.4% from 2022 to 2031.

When it comes to fighting the heat that the body produces internally, cultured buttermilk is well-known for having a cooling effect. It aids in nerve relaxation, which inhibits irritability. Because it helps to reduce heat, cultured buttermilk is popular in areas with high temperatures. It is made using a straightforward process of milk fermentation. Buttermilk, a byproduct, is mostly composed of water, the sweetener lactose, and the protein casein. To get cultured buttermilk that is commercially viable, the buttermilk can be further thermally treated. The cultured buttermilk's shelf life, which can last up to 4 weeks, is its most promising quality. The sticky texture and aromatic, somewhat acidic flavor of the cultured buttermilk make it popular among customers. Furthermore, cultured buttermilk is known to be a common dairy product and is used at large level by the consumers. Moreover, People can benefit from the health benefits of buttermilk, it is thought that drinking buttermilk after meals is a healthy choice, and these days, many people are discovered to be fond of healthy items.

Development of new products with improved taste and versatility, along with high marketing support, high nutritional value and low storage and transportation costs increase consumer demand for fermented milk and cultured buttermilk are Cultured Buttermilk Market Trends.

Different types of cultured buttermilk are offered on the market; this availability indicates the market share of each product. In addition, it has been discovered that baked goods including pancakes, scones, biscuits, and many other baked goods include cultured buttermilk.

Yogurt, butter, and cheese are more in demand as a result of the rising population in developing nations like China and India, which has a greater need for food. The demand for dairy products has grown as a result of population growth and rising per capita income, which has also increased milk output. The average annual income per person in a certain area (city, region, or country) is measured by the per capita income. By dividing the region's total income by its total population, the quality of living of a nation is determined. The consumption of dairy products is ultimately higher in emerging countries since they have larger per capita incomes than developed countries.The global milk output has been increasing at a very high rate over the past few years as a result of these support measures. Additionally, a significant element driving the need for dairy products, which in turn drives the Cultured Buttermilk Market Growth.

According to the Cultured Buttermilk Market Analysis is categorized into form, end use, sales channel and region. By Form, it is classified into liquid and powder. On the basis of application, it is fragmented into bakery, confectionery, dairy, beverages, others. Based on the distribution channel, the market is segmented into business-to-business, and business-to-consumer. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Belgium, Russia, Netherland, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, Saudi Arabia, Chile, Algeria, South Africa, and Rest Of LAMEA).

Based on the form, liquid segment held the major Cultured Buttermilk Market Share in the market in 2021, as it is rich in strong antioxidants, which is helpful in preventing from free essential damage to your cells.

Based on the application, the snacks and convenience food segment gain a major traction in the market and is likely to remain dominant throughout the forecast period due to increasing use of spices and seasonings for cooking purpose and many food products due to its hot taste.The liquid segment was the highest revenue contributor to Cultured Buttermilk Market Size.

Region wise, The North America region dominates the use of cultured buttermilk market. This is attributable to increase in number of food joints such as hotels & restaurant which has fueled the Cultured Buttermilk Market Demand in the region. However, Asia-Pacific is anticipated to grow at the highest CAGR during the Cultured Buttermilk Market Forecast period.

The key players profiled in Cultured Buttermilk Industry include All American Foods, BV Dairy, Crystal Creamery, Daylesford Organic Limited, Jess's Ladies Organic Farm Milk, Longley Farm, Producers Dairy, SacoFoods, and St David Dairy Pty Ltd. The key players in the market has enormous Cultured Buttermilk Market Opportunity ni the emerging nations to launch the products.

Key findings of the study

On the basis of form, the liquid segment is expected to be the fastest-growing segment during the forecast period.

On the basis of application, the beverages segment was the dominating segment in 2021.

On the basis of distribution channel, the business-to-consumer segment is expected to be the fastest growing segment during the forecast period, with a CAGR of 4,3%.

On the basis of region, North America is expected to be the fastest growing segment during the forecast period with the CAGR of 6.1%.

Companies Mentioned

  • Lupicia Co. Ltd.
  • Cofco
  • Teasenz
  • California Tea House
  • Panella Foods and Beverages Private Limited
  • Bettys and Taylors Group Ltd.
  • Fms Consumer Products Pvt Ltd.
  • Bharat Group
  • Vahdam
  • Stash Tea

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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