Global Butter and Margarine Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Butter and Margarine Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Butter and Margarine market size was valued at US$ 69410 million in 2024 and is forecast to a readjusted size of USD 85880 million by 2031 with a CAGR of 3.1% during review period.

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 is experiencing a dynamic shift, influenced by evolving consumer preferences, health trends, and regional dietary habits. While butter has traditionally dominated the market, particularly in regions like Europe and North America, growing awareness about the health risks associated with high saturated fat consumption has prompted a gradual shift toward margarine and plant-based spreads. Margarine, often seen as a healthier alternative due to its lower saturated fat content, is gaining popularity, especially with the rise in veganism and plant-based diets. This shift is further supported by the introduction of fortified and functional margarine products that offer additional health benefits, such as omega-3 fatty acids and vitamins.

On the other hand, butter remains highly favored due to its natural and clean-label appeal, as consumers seek products with fewer additives and preservatives. Artisanal and organic butter varieties are witnessing increased demand, driven by the broader trend toward natural and premium food products. The Asia-Pacific region is emerging as a key growth area for both butter and margarine, fueled by rising disposable incomes and Western-style eating habits. Meanwhile, in developed regions like North America and Europe, the trend toward clean-label and health-conscious food products continues to shape the market. Overall, the butter and margarine market is expected to grow steadily, with an ongoing balance between indulgence, health-conscious choices, and regional preferences.

This report is a detailed and comprehensive analysis for global Butter and Margarine market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Butter and Margarine market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031

Global Butter and Margarine market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031

Global Butter and Margarine market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031

Global Butter and Margarine market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Butter and Margarine

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Butter and Margarine market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Upfield, Bunge, NMGK Group, ConAgra, Wilmar-International, Fuji Oil, BRF, Yildiz Holding, Grupo Lala, NamChow, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Butter and Margarine market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Butter
Margarine

Market segment by Application
Food Industry
Household

Major players covered
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 segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Butter and Margarine product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Butter and Margarine, with price, sales quantity, revenue, and global market share of Butter and Margarine from 2020 to 2025.

Chapter 3, the Butter and Margarine competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Butter and Margarine breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Butter and Margarine market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Butter and Margarine.

Chapter 14 and 15, to describe Butter and Margarine sales channel, distributors, customers, research findings and conclusion.