Global Butter and Margarine Market Research Report 2023(Status and Outlook)

Global Butter and Margarine Market Research Report 2023(Status and Outlook)

Report Overview

Butter is a dairy product that manufacturers make by churning cream or milk to separate the solid components from the liquid. People commonly use butter in cooking, baking, and as a spread.

Margarine is a substitute for butter. Manufacturers make margarine from plant-based oils, such as canola oil, palm fruit oil, and soybean oil.

Although butter and margarine have different components, both can contain large amounts of different fats.

The major players in global Butter and Margarine market include Upfield, Arla Foods, Land O‘lakes, etc. The top 3 players occupy about 10% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 70% of the global market. Butter is the main type, with a share about 85%. Food Industry is the main application, which holds a share about 60%.

The Global Butter and Margarine Market Size was estimated at USD 63630.00 million in 2022 and is projected to reach USD 79326.78 million by 2029, exhibiting a CAGR of 3.20% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Butter and Margarine market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Butter and Margarine Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Butter and Margarine market in any manner.

Global Butter and Margarine Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Upfield

Bunge

NMGK Group

ConAgra

Wilmar-International

Fuji Oil

BRF

Yildiz Holding

Grupo Lala

NamChow

Cargill

COFCO

Uni-President

Mengniu Group

Yili Group

Land O‘lakes

Arla Foods

Lactails

Fonterra

Amul

Market Segmentation (by Type)

Butter

Margarine

Market Segmentation (by Application)

Household

Industry

Entertainment

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Butter and Margarine Market

Overview of the regional outlook of the Butter and Margarine Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors