Category: Butter
Butter market research reports by Euromonitor International
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Saudi Arabia Butter and Spreads
Butter and Spreads in Saudi Arabia The market for butter and spreads is poised for improved performance in 2024, following a dip in retail volume sales in 2022 and 2023. Demand during these years was significantly impacted by substantial price increases, brought about by the war in Ukraine and assoc ... Read More
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Vietnam Butter and Spreads
Butter and Spreads in Vietnam Butter and spreads is set to see current value growth in Vietnam in 2024. The popularity of margarine and spreads is underpinned by its versatility for baking and cooking, alongside affordability considerations. In general, Vietnamese consumers use margarine and spreads ... Read More
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The US Butter and Spreads
Butter and Spreads in the US While both butter and margarine suffered skyrocketing cost increases in 2022 due to disruptions in the supply of raw ingredients, the price of butter stabilised, while that of margarine continued to climb strongly in 2023. The fallout from these trends saw butter grow so ... Read More
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The US Dairy Products and Alternatives
Dairy Products and Alternatives in the US In the US, unit prices have been impacting dairy products and alternatives in a most significant way, as retail current value sales are set to rise in 2024, while retail volumes are expected to decline or stagnate in most categories. Milk is set to see one o ... Read More
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Mexico Butter and Spreads
Butter and Spreads in Mexico Retail volume sales of margarine and spreads in Mexico declined between 2022 and 2023, while butter was the best performer. Cooking fats, as the largest category, lost some ground but overall demand remained fairly stable. However, 2024 is emerging as a positive year for ... Read More
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Chile Butter and Spreads
Butter and Spreads in Chile Ghee has been gaining popularity in Chile for its perceived properties and benefits in relation to traditional butter options. Its is an ingredient that comes from Ayurveda culture and its consumption in the local market has been growing due to its perceived benefits and ... Read More
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Thailand Butter and Spreads
Butter and Spreads in Thailand The market for butter and spreads in Thailand is set to see fairly modest growth in retail volume terms in 2024, continuing the trend of the previous year. Unlike in Western countries, butter is not traditionally a staple in Thai cuisine, where coconut milk, fish sauce ... Read More
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Finland Butter and Spreads
Butter and Spreads in Finland Butter and spreads in Finland is mature and will struggle to advance per capita sales. To boost value sales, the focus is on adding trendy features and value-added health benefits to margarine and spreads. Innovation is expected to concentrate on creating plant-based pr ... Read More
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Colombia Butter and Spreads
Butter and Spreads in Colombia Margarine is the preferred choice in Colombia and garners higher volume sales than butter and cooking fats in 2024. Overall, margarine has a healthier perception and is considered more versatile than butter. The strong volume performance compared to butter is driven by ... Read More
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The United Arab Emirates Butter and Spreads
Butter and Spreads in the United Arab Emirates Retail volume sales of butter and spreads experienced a downturn between 2021 and 2022 as consumers returned to work, leading to reduced home cooking and baking activities that had previously surged during periods of remote working. However, following a ... Read More
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The Netherlands Butter and Spreads
Butter and Spreads in the Netherlands Butter and spreads in the Netherlands has been hurt by changes in the typical Dutch diet. More Dutch consumers are moving away from eating sandwiches for breakfast and lunch and exploring other meal options, such eating yoghurt or quark for breakfast. This means ... Read More
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The Czech Republic Butter and Spreads
Butter and Spreads in the Czech Republic Butter and spreads in the Czech Republic is enjoying a better performance in 2024 compared to recent years. The difficult economic situation in the Czech Republic continues to weigh on consumer purchasing power and force many to remain cautious with expenditu ... Read More
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Australia Butter and Spreads
Butter and Spreads in Australia In line with rising health consciousness among consumers, there is increasing interest in perceived healthier alternative butter and spreads in Australia. Additionally, the growing popularity of Keto and paleo diets has boosted the demand for butter and coconut oil in ... Read More
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Bulgaria Butter and Spreads
Butter and Spreads in Bulgaria The consumption of butter and spreads in Bulgaria continued to decline in retail volume terms in 2024 due to decreased home cooking and the traditional and widespread use of sunflower oil, which is much cheaper. At the same time, butter sales decreased slightly, almost ... Read More
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Indonesia Butter and Spreads
Butter and Spreads in Indonesia The market for butter and spreads in Indonesia is expected to maintain its positive growth trajectory into 2024. These products are regarded as essential staples in many households, being frequently utilised for cooking and baking. Despite the full reopening of foodse ... Read More
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Austria Butter and Spreads
Butter and Spreads in Austria The overall demand for butter and spreads in Austria is projected to be stable in 2024. Butter and spreads is set to record only very marginal retail volume growth, but good retail current value growth in 2024. The average retail current unit price is set to rise in 202 ... Read More
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Spain Butter and Spreads
Butter and Spreads in Spain At the end of the review period, butter and spreads in Spain continues to be impacted by the persistence of and preference for the tradition of cooking with olive oil. Indeed, traditionally, Spaniards use a lot of olive oil in their everyday life. With strong price increa ... Read More
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Georgia Butter and Spreads
Butter and Spreads in Georgia Butter prices in Georgia have continued their upward trajectory through 2023 and 2024, driven by various economic factors. In response to these increasing prices, companies have been offering substantial discounts, with reductions reaching up to 40% in 2023, a strategy ... Read More
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The United Kingdom Butter and Spreads
Butter and Spreads in the United Kingdom The slowdown in inflation, following peak levels experienced in 2022, is providing some relief to local consumers, yet butter and spreads in the UK remains characterised by value-driven consumption amid ongoing retail volume declines. As consumers continue to ... Read More
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Azerbaijan Butter and Spreads
Butter and Spreads in Azerbaijan Overall, there is expected to be a moderate increase in volume sales of butter and spreads in Azerbaijan in 2024. While volume sales are higher for margarine and spreads, volume sales of butter are also substantial and butter is expected to register the highest volum ... Read More
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Hong Kong, China Butter and Spreads
Butter and Spreads in Hong Kong, China The sustained rise in retail prices and the higher cost of living in Hong Kong have made consumers increasingly cautious with their spending habits. In response to these economic challenges, local consumers increasingly seek out alternative avenues to maximise ... Read More
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France Butter and Spreads
Butter and Spreads in France Butter and spreads is seeing a positive performance in both value and volume terms in 2024, although with growth remaining at low levels. Indeed, butter, and margarine and spreads are both seeing a similar performance, with value sales of butter better supported due to t ... Read More
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Bolivia Butter and Spreads
Butter and Spreads in Bolivia Butter has seen a notable increase in sales, solidifying its status as a staple in daily consumption, particularly valued as a family food available at a low price. Consumption occasions, such as breakfast with bread, especially the traditional ""marraqueta"" crusty rol ... Read More
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Bosnia and Herzegovina Butter and Spreads
Butter and Spreads in Bosnia and Herzegovina Butter and margarine remain the only active categories within butter and spreads in Bosnia and Herzegovina in 2024, with spreads still lacking significant market presence compared to margarine. Towards the end of the review period, however, more new brand ... Read More
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Japan Butter and Spreads
Butter and Spreads in Japan In 2023, even though the costs of raw materials such as palm oil and soybean oil stabilised, the prices of butter and spreads in Japan increased due to the rising costs of packaging, labour, and transportation. This led to price revisions throughout the year. The consumer ... Read More
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