Global Butter Alternatives Market Growth 2024-2030

Global Butter Alternatives Market Growth 2024-2030

Liquid butter alternatives are used in many instances where the butter or margarine is substituted at a cost significantly lower than the butter and zero grams of trans-fat per servings. These products are extremely versatile as these will not burn, spatter, or scorch. The liquid butter alternatives are used as a butter alternative in the restaurant industry. Liquid butter alternatives are also known as phase oil. It is one of the common butter substitutes majorly used in restaurants and hotels. The primary use of the phase oil is frying, but these can be further used for baking and Others recipes. Few of the benefits of the butter alternative driving the sales is the authentic buttery taste, the lightly salted formula, the high heat tolerance, convenience and the cost effectiveness.

The global Butter Alternatives market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Butter Alternatives Industry Forecast” looks at past sales and reviews total world Butter Alternatives sales in 2023, providing a comprehensive analysis by region and market sector of projected Butter Alternatives sales for 2024 through 2030. With Butter Alternatives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Butter Alternatives industry.

This Insight Report provides a comprehensive analysis of the global Butter Alternatives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Butter Alternatives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Butter Alternatives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Butter Alternatives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Butter Alternatives.

Direct sales include HORECA and accounts for the largest share in the food industry. Hotels and restaurants are the major consumers for the liquid butter alternative. These are available through various raw materials such as canola, soybean, and Others.

This report presents a comprehensive overview, market shares, and growth opportunities of Butter Alternatives market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Palm Oil Type
Lauric Oil Type

Segmentation by application
Household
Commercial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cargill
Wilmar
Bunge Limited
Venture Foods
AAK Foodservice
Peerless Holdings

Key Questions Addressed in this Report

What is the 10-year outlook for the global Butter Alternatives market?

What factors are driving Butter Alternatives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Butter Alternatives market opportunities vary by end market size?

How does Butter Alternatives break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.