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Butter Powder Market Size, Share & Industry Trends Analysis Report By Source (Milk, Peanut, Almond, Cocoa and Others), By Distribution Channel, By Regional Outlook and Forecast, 2023 - 2030

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    Report

  • 294 Pages
  • August 2023
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5886940
Description Jump to:
The Global Butter Powder Market size is expected to reach $3.3 billion by 2030, rising at a market growth of 5.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 222.2 Kilo Tonnes, experiencing a growth of 4.6% (2019-2022).

Online retail channels provide consumers with the convenience of shopping for butter powder from the comfort of their homes or on-the-go using smartphones or computers. Therefore, the online retail segment generated $325.8 million revenue in the market in 2022. This eliminates the requirement for visiting physical stores, thus saving time and effort. Online retailers offer a vast selection of butter powder products, including various brands, flavors, sizes, and packaging options. Consumers have the freedom to choose products that meet their specific preferences and dietary needs. For producers and manufacturers, selling butter powder through online retail channels can expand their market reach, increase brand visibility, and provide a direct connection to consumers. It allows them to tap into a global customer base and gain valuable insights into consumer preferences and behavior through data analytics. Some of the factors impacting the market are growing demand for products with longer shelf lives, increasing demand in food processing industry, and significant health concerns associated with butter powder.



The long shelf life of butter powder is one of its standout features. It offers several advantages over regular butter, particularly in terms of storage, transportation, and versatility in diverse applications. The fundamental reason for its extended shelf life is moisture removal during production. Most spoilage bacteria, molds, and yeasts require moisture to grow. Due to the lack of need for refrigeration and its longer shelf life, it is a valuable addition to emergency food supplies and survival kits. Therefore, the provision of longer shelf life for this product is a prominent factor that will drive the growth of the market in the coming years. Moreover, the demand in food processing has increased due to several factors that make it a preferred ingredient for manufacturers. Butter powder has a longer shelf life than regular butter, making it an attractive choice for manufacturers who wish to maintain the freshness and quality of their products over time without adding preservatives. It can be part of seasonings for snacks like popcorn or chips, providing a buttery taste without moisture. Such varied advantages of butter powder have contributed to its growing demand in food processing. As the food industry continues to innovate and expand, the role of ingredients like butter powder is expected to grow correspondingly.

However, it is essentially dehydrated butter, but its processing and any added ingredients can lead to some health concerns among consumers. Like regular butter, butter powder is a source of saturated fats, which, when consumed in high proportions, may raise LDL (bad cholesterol) levels in the blood, increasing the chances of heart disease and stroke. While it has a longer shelf life than regular butter, once opened, it might be susceptible to rancidity if not stored properly. Hence, all of these factors may hamper the growth of the market in the coming years.

Distribution Channel Outlook

On the basis of distribution channel, the market is classified into supermarket/hypermarket, convenience stores, B2B, specialty stores, and online retail. In 2022, the supermarket/hypermarket segment dominated the market with the largest revenue share. Most cooking and culinary products are purchased from large retailers such as supermarkets. Due to their extensive selection of butter powder products, supermarkets are the most common places to buy butter powder. The consequences for sale come from a variety of brands and have distinct flavors. In addition to pastry and cookery, the health and wellness section carries butter powder. As a result, the market is alluring to consumers because it allows them to complete their purchase in a single location, sparing them time.



Source Outlook

Based on source, the market is segmented into milk, peanut, almond, cocoa, and others. In 2022, the peanut segment procured a significant revenue share in the market. It contains between 85 and 90 percent less fat than regular peanut butter, which has proven to be an excellent substitute. In addition, it is a nutritious option because it is a great source of fiber, protein, vitamins, and minerals. When looking for a healthier option, consumers frequently select peanut butter powder. In addition, it is an excellent option for customers who desire the enticing flavor of peanut butter while restricting their cholesterol intake. Additionally, the prevalence of vegan and plant-based diets has increased the segment's sales.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region witnessed the maximum revenue share in the market in 2022. Due to the continued expansion of the North American market, sales have increased significantly. In the region, there has been a substantial shift in consumer behavior regarding pastry and culinary products. In addition, an increase in North American consumers who use culinary creations is generating a considerable demand. Butter powder's health benefits are becoming more widely known, increasing demand for baking and culinary supplies.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Nutrient Survival, Betty Lou's Inc., Garden of Life, LLC (Nestle S.A), Kanegrade Ltd., PB2 Foods, Inc. (Bell Plantation Inc.), Z Natural Foods LLC, Powbab, Inc., Nutricost (ESUPPLEMENTS, LLC), and BetterBody Foods, and Hoosier Hill Farm LLC (Saco Foods)

Scope of the Study

By Source(Volume, Kilo Tonnes, USD Million, 2019-2030)

  • Milk
  • Peanut
  • Almond
  • Cocoa
  • Others

By Distribution Channel(Volume, Kilo Tonnes, USD Million, 2019-2030)

  • Supermarket/Hypermarket
  • B2B
  • Convenience Stores
  • Online Retail
  • Others

By Geography(Volume, Kilo Tonnes, USD Million, 2019-2030)

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Nutrient Survival
  • Betty Lou's Inc.
  • Garden of Life, LLC (Nestle S.A)
  • Kanegrade Ltd.
  • PB2 Foods, Inc. (Bell Plantation Inc.)
  • Z Natural Foods LLC
  • Powbab, Inc.
  • Nutricost (ESUPPLEMENTS, LLC)
  • BetterBody Foods
  • Hoosier Hill Farm LLC (Saco Foods)

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Butter Powder Market, by Source
1.4.2 Global Butter Powder Market, by Distribution Channel
1.4.3 Global Butter Powder Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. Global Butter Powder Market by Source
4.1 Global Milk Market by Region
4.2 Global Peanut Market by Region
4.3 Global Almond Market by Region
4.4 Global Cocoa Market by Region
4.5 Global Others Market by Region
Chapter 5. Global Butter Powder Market by Distribution Channel
5.1 Global Supermarket/Hypermarket Market by Region
5.2 Global B2B Market by Region
5.3 Global Convenience Stores Market by Region
5.4 Global Online Retail Market by Region
5.5 Global Others Market by Region
Chapter 6. Global Butter Powder Market by Region
6.1 North America Butter Powder Market
6.1.1 North America Butter Powder Market by Source
6.1.1.1 North America Milk Market by Country
6.1.1.2 North America Peanut Market by Country
6.1.1.3 North America Almond Market by Country
6.1.1.4 North America Cocoa Market by Country
6.1.1.5 North America Others Market by Country
6.1.2 North America Butter Powder Market by Distribution Channel
6.1.2.1 North America Supermarket/Hypermarket Market by Country
6.1.2.2 North America B2B Market by Country
6.1.2.3 North America Convenience Stores Market by Country
6.1.2.4 North America Online Retail Market by Country
6.1.2.5 North America Others Market by Country
6.1.3 North America Butter Powder Market by Country
6.1.3.1 US Butter Powder Market
6.1.3.1.1 US Butter Powder Market by Source
6.1.3.1.2 US Butter Powder Market by Distribution Channel
6.1.3.2 Canada Butter Powder Market
6.1.3.2.1 Canada Butter Powder Market by Source
6.1.3.2.2 Canada Butter Powder Market by Distribution Channel
6.1.3.3 Mexico Butter Powder Market
6.1.3.3.1 Mexico Butter Powder Market by Source
6.1.3.3.2 Mexico Butter Powder Market by Distribution Channel
6.1.3.4 Rest of North America Butter Powder Market
6.1.3.4.1 Rest of North America Butter Powder Market by Source
6.1.3.4.2 Rest of North America Butter Powder Market by Distribution Channel
6.2 Europe Butter Powder Market
6.2.1 Europe Butter Powder Market by Source
6.2.1.1 Europe Milk Market by Country
6.2.1.2 Europe Peanut Market by Country
6.2.1.3 Europe Almond Market by Country
6.2.1.4 Europe Cocoa Market by Country
6.2.1.5 Europe Others Market by Country
6.2.2 Europe Butter Powder Market by Distribution Channel
6.2.2.1 Europe Supermarket/Hypermarket Market by Country
6.2.2.2 Europe B2B Market by Country
6.2.2.3 Europe Convenience Stores Market by Country
6.2.2.4 Europe Online Retail Market by Country
6.2.2.5 Europe Others Market by Country
6.2.3 Europe Butter Powder Market by Country
6.2.3.1 Germany Butter Powder Market
6.2.3.1.1 Germany Butter Powder Market by Source
6.2.3.1.2 Germany Butter Powder Market by Distribution Channel
6.2.3.2 UK Butter Powder Market
6.2.3.2.1 UK Butter Powder Market by Source
6.2.3.2.2 UK Butter Powder Market by Distribution Channel
6.2.3.3 France Butter Powder Market
6.2.3.3.1 France Butter Powder Market by Source
6.2.3.3.2 France Butter Powder Market by Distribution Channel
6.2.3.4 Russia Butter Powder Market
6.2.3.4.1 Russia Butter Powder Market by Source
6.2.3.4.2 Russia Butter Powder Market by Distribution Channel
6.2.3.5 Spain Butter Powder Market
6.2.3.5.1 Spain Butter Powder Market by Source
6.2.3.5.2 Spain Butter Powder Market by Distribution Channel
6.2.3.6 Italy Butter Powder Market
6.2.3.6.1 Italy Butter Powder Market by Source
6.2.3.6.2 Italy Butter Powder Market by Distribution Channel
6.2.3.7 Rest of Europe Butter Powder Market
6.2.3.7.1 Rest of Europe Butter Powder Market by Source
6.2.3.7.2 Rest of Europe Butter Powder Market by Distribution Channel
6.3 Asia Pacific Butter Powder Market
6.3.1 Asia Pacific Butter Powder Market by Source
6.3.1.1 Asia Pacific Milk Market by Country
6.3.1.2 Asia Pacific Peanut Market by Country
6.3.1.3 Asia Pacific Almond Market by Country
6.3.1.4 Asia Pacific Cocoa Market by Country
6.3.1.5 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Butter Powder Market by Distribution Channel
6.3.2.1 Asia Pacific Supermarket/Hypermarket Market by Country
6.3.2.2 Asia Pacific B2B Market by Country
6.3.2.3 Asia Pacific Convenience Stores Market by Country
6.3.2.4 Asia Pacific Online Retail Market by Country
6.3.2.5 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Butter Powder Market by Country
6.3.3.1 China Butter Powder Market
6.3.3.1.1 China Butter Powder Market by Source
6.3.3.1.2 China Butter Powder Market by Distribution Channel
6.3.3.2 Japan Butter Powder Market
6.3.3.2.1 Japan Butter Powder Market by Source
6.3.3.2.2 Japan Butter Powder Market by Distribution Channel
6.3.3.3 India Butter Powder Market
6.3.3.3.1 India Butter Powder Market by Source
6.3.3.3.2 India Butter Powder Market by Distribution Channel
6.3.3.4 South Korea Butter Powder Market
6.3.3.4.1 South Korea Butter Powder Market by Source
6.3.3.4.2 South Korea Butter Powder Market by Distribution Channel
6.3.3.5 Singapore Butter Powder Market
6.3.3.5.1 Singapore Butter Powder Market by Source
6.3.3.5.2 Singapore Butter Powder Market by Distribution Channel
6.3.3.6 Malaysia Butter Powder Market
6.3.3.6.1 Malaysia Butter Powder Market by Source
6.3.3.6.2 Malaysia Butter Powder Market by Distribution Channel
6.3.3.7 Rest of Asia Pacific Butter Powder Market
6.3.3.7.1 Rest of Asia Pacific Butter Powder Market by Source
6.3.3.7.2 Rest of Asia Pacific Butter Powder Market by Distribution Channel
6.4 LAMEA Butter Powder Market
6.4.1 LAMEA Butter Powder Market by Source
6.4.1.1 LAMEA Milk Market by Country
6.4.1.2 LAMEA Peanut Market by Country
6.4.1.3 LAMEA Almond Market by Country
6.4.1.4 LAMEA Cocoa Market by Country
6.4.1.5 LAMEA Others Market by Country
6.4.2 LAMEA Butter Powder Market by Distribution Channel
6.4.2.1 LAMEA Supermarket/Hypermarket Market by Country
6.4.2.2 LAMEA B2B Market by Country
6.4.2.3 LAMEA Convenience Stores Market by Country
6.4.2.4 LAMEA Online Retail Market by Country
6.4.2.5 LAMEA Others Market by Country
6.4.3 LAMEA Butter Powder Market by Country
6.4.3.1 Brazil Butter Powder Market
6.4.3.1.1 Brazil Butter Powder Market by Source
6.4.3.1.2 Brazil Butter Powder Market by Distribution Channel
6.4.3.2 Argentina Butter Powder Market
6.4.3.2.1 Argentina Butter Powder Market by Source
6.4.3.2.2 Argentina Butter Powder Market by Distribution Channel
6.4.3.3 UAE Butter Powder Market
6.4.3.3.1 UAE Butter Powder Market by Source
6.4.3.3.2 UAE Butter Powder Market by Distribution Channel
6.4.3.4 Saudi Arabia Butter Powder Market
6.4.3.4.1 Saudi Arabia Butter Powder Market by Source
6.4.3.4.2 Saudi Arabia Butter Powder Market by Distribution Channel
6.4.3.5 South Africa Butter Powder Market
6.4.3.5.1 South Africa Butter Powder Market by Source
6.4.3.5.2 South Africa Butter Powder Market by Distribution Channel
6.4.3.6 Nigeria Butter Powder Market
6.4.3.6.1 Nigeria Butter Powder Market by Source
6.4.3.6.2 Nigeria Butter Powder Market by Distribution Channel
6.4.3.7 Rest of LAMEA Butter Powder Market
6.4.3.7.1 Rest of LAMEA Butter Powder Market by Source
6.4.3.7.2 Rest of LAMEA Butter Powder Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Nutrient Survival
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Betty Lou's Inc.
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Garden of Life, LLC (Nestle S.A)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 PB2 Foods, Inc. (Bell Plantation Inc.)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Z Natural Foods LLC
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Powbab, Inc.
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 BetterBody Foods
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Kanegrade Ltd.
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Nutricost (ESUPPLEMENTS, LLC)
7.9.1 Company Overview
7.10. Hoosier Hill Farm LLC (Saco Foods)
7.10.1 Company Overview
7.10.2 SWOT Analysis
Chapter 8. Winning Imperatives of Butter Powder Market

Companies Mentioned

  • Nutrient Survival
  • Betty Lou's Inc.
  • Garden of Life, LLC (Nestle S.A)
  • Kanegrade Ltd.
  • PB2 Foods, Inc. (Bell Plantation Inc.)
  • Z Natural Foods LLC
  • Powbab, Inc.
  • Nutricost (ESUPPLEMENTS, LLC)
  • BetterBody Foods
  • Hoosier Hill Farm LLC (Saco Foods)

Methodology

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