Global Buttermilk Market Growth 2023-2029

Global Buttermilk Market Growth 2023-2029

Originally, buttermilk referred to the liquid left over from churning butter from cultured or fermented cream. Traditionally, before cream could be skimmed from whole milk, the milk was left to sit for a period of time to allow the cream and milk to separate. During this time, naturally occurring lactic acid-producing bacteria in the milk fermented it. This facilitates the butter churning process, since fat from cream with a lower pH coalesces more readily than that of fresh cream. The acidic environment also helps prevent potentially harmful microorganisms from growing, increasing shelf-life. However, in establishments that used cream separators, the cream was hardly acidic at all.

Commercially available cultured buttermilk is milk that has been pasteurized and homogenized (with 1% or 2% fat), and then inoculated with a culture of Lactococcus lactis (formerly known as Streptococcus lactis) plus Leuconostoc citrovorum to simulate the naturally occurring bacteria in the old-fashioned product. Some dairies add colored flecks of butter to cultured buttermilk to simulate residual flecks of butter that can be left over from the churning process of traditional buttermilk. Condensed buttermilk and dried buttermilk have increased in importance in the food industry. Condensed buttermilk and dried buttermilk have increased in importance in the food industry. Buttermilk solids are used in ice cream manufacturing, as well as being added to pancake mixes. Adding specific strains of bacteria to pasteurized milk allows more consistent production.

LPI (LP Information)' newest research report, the “Buttermilk Industry Forecast” looks at past sales and reviews total world Buttermilk sales in 2022, providing a comprehensive analysis by region and market sector of projected Buttermilk sales for 2023 through 2029. With Buttermilk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Buttermilk industry.

This Insight Report provides a comprehensive analysis of the global Buttermilk 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 Buttermilk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Buttermilk market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Buttermilk 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 Buttermilk.

The global Buttermilk market size is projected to grow from US$ 876.7 million in 2022 to US$ 976.8 million in 2029; it is expected to grow at a CAGR of 976.8 from 2023 to 2029.

Global Buttermilk main players are Arla Foods, DairyAmerica, Sodiaal Group, Fonterra, etc. Global top four manufacturers hold a share over 20%. Europe is the largest market, with a share nearly 50%.

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

Market Segmentation:

Segmentation by type
Liquid Buttermilk
Buttermilk Powder

Segmentation by application
Confectionery
Ice Cream
Bakery
Dairy-based Sauces

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.
Amul
Arla Foods
DairyAmerica
Sodiaal Group
Fonterra
Dairy Farmers of America
Glanbia
Valley Milk
Associated Milk Producers
Arion Dairy Products
Innova Food Ingredients
Sterling Agro Industries
Grain Millers
Agri-Mark
Land O'Lakes

Key Questions Addressed in this Report

What is the 10-year outlook for the global Buttermilk market?

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

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

How do Buttermilk market opportunities vary by end market size?

How does Buttermilk break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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