Butter Market Size, Trends, Analysis, and Outlook By Product (Cultured Butter, Uncultured Butter, Others), By Distribution Channel (Offline, Online), by Country, Segment, and Companies, 2024-2032

Butter Market Size, Trends, Analysis, and Outlook By Product (Cultured Butter, Uncultured Butter, Others), By Distribution Channel (Offline, Online), by Country, Segment, and Companies, 2024-2032


Butter Market is estimated to grow at high CAGR 4.3% during the forecast period 2023-2030

The resurgence of butter, driven by the shift away from trans fats and margarine, is seeing renewed interest due to its natural composition. Premium butter products, such as grass-fed and organic varieties, are gaining traction among health-conscious consumers. The growing popularity of home baking and gourmet cooking during the COVID-19 pandemic has also accelerated demand for high-quality butter, especially for use in artisanal baked goods and recipes.

Butter Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Butter survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Butter industry.

Key market trends defining the global Butter demand in 2025 and Beyond

The Butter industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Butter Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Butter industry

Leading Butter companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Butter companies.

Butter Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Butter Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Butter industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Butter Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Butter Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Butter market segments. Similarly, strong market demand encourages Canadian Butter companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Butter Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Butter industry remains the major market for companies in the European Butter industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Butter market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Butter Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Butter in Asia Pacific. In particular, China, India, and South East Asian Butter markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Butter Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Butter Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Butter market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Butter.

Butter Company Profiles

The global Butter market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Amul Dairy, Anand, Arla Foods amba, Dairy Farmers of America Inc, Fonterra Co-operative Group, Lactalis Group, Meadow Foods Ltd, MS Iceland Dairies, Muller, Organic Valley, Ornua Co-operative Ltd.

Recent Butter Market Developments

The global Butter market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Butter Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

Product

Cultured Butter

Uncultured Butter

Others

Distribution Channel

Offline

Online

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Amul Dairy

Anand

Arla Foods amba

Dairy Farmers of America Inc

Fonterra Co-operative Group

Lactalis Group

Meadow Foods Ltd

MS Iceland Dairies

Muller

Organic Valley

Ornua Co-operative Ltd

Formats Available: Excel, PDF, and PPT


Chapter 1: Executive Summary
1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
1.3.1 Country Coverage
1.3.2 Companies Profiled
1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
1.3.4 Units
1.4 Abbreviations
Chapter 2. Butter Market Overview- 2025
2.1 An Introduction to the Global Butter Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024
Chapter 3. Strategic Analysis Review
3.1 Butter Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments
Chapter 4. Impact Analysis and Scenario Forecasts
4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Butter Market Outlook to 2032
4.6 Reference Case Scenario: Global Butter Market Outlook to 2032
4.7 High Growth Case Scenario: Global Butter Market Outlook to 2032
Chapter 5: Butter Market Dynamics
5.1 Key Butter Market Trends
5.2 Potential Butter Market Opportunities
5.3 Key Market Challenges
Chapter 6: Global Butter Market Analysis and Outlook to 2032
6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Product
Cultured Butter
Uncultured Butter
Others
Distribution Channel
Offline
Online
6.3 Global Market Outlook by Region, 2021 to 2032
Chapter 7: North America Butter Market Analysis and Outlook to 2032
7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Product
Cultured Butter
Uncultured Butter
Others
Distribution Channel
Offline
Online
7.3 North America Market Outlook by Country, 2021- 2032
7.3.1 United States Butter Market Size Forecast, 2021- 2032
7.3.2 Canada Butter Market Size Forecast, 2021- 2032
7.3.3 Mexico Butter Market Size Forecast, 2021- 2032
Chapter 8: Europe Butter Market Analysis and Outlook to 2032
8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Product
Cultured Butter
Uncultured Butter
Others
Distribution Channel
Offline
Online
8.3 Europe Market Outlook by Country, 2021- 2032
8.3.1 Germany Butter Market Size Forecast, 2021- 2032
8.3.2 France Butter Market Size Forecast, 2021- 2032
8.3.3 United Kingdom Butter Market Size Forecast, 2021- 2032
8.3.4 Spain Butter Market Size Forecast, 2021- 2032
8.3.5 Italy Butter Market Size Forecast, 2021- 2032
8.3.6 Russia Butter Market Size Forecast, 2021- 2032
8.3.7 Rest of Europe Butter Market Size Forecast, 2021- 2032
Chapter 9: Asia Pacific Butter Market Analysis and Outlook to 2032
9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Product
Cultured Butter
Uncultured Butter
Others
Distribution Channel
Offline
Online
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
9.3.1 China Butter Market Size Forecast, 2021- 2032
9.3.2 India Butter Market Size Forecast, 2021- 2032
9.3.3 Japan Butter Market Size Forecast, 2021- 2032
9.3.4 South Korea Butter Market Size Forecast, 2021- 2032
9.3.5 Australia Butter Market Size Forecast, 2021- 2032
9.3.6 South East Asia Butter Market Size Forecast, 2021- 2032
9.3.7 Rest of Asia Pacific Butter Market Size Forecast, 2021- 2032
Chapter 10: South America Butter Market Analysis and Outlook to 2032
10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Product
Cultured Butter
Uncultured Butter
Others
Distribution Channel
Offline
Online
10.3 South America Market Outlook by Country, 2021- 2032
10.3.1 Brazil Butter Market Size Forecast, 2021- 2032
10.3.2 Argentina Butter Market Size Forecast, 2021- 2032
10.3.3 Rest of South America Butter Market Size Forecast, 2021- 2032
Chapter 11: Middle East and Africa Butter Market Analysis and Outlook to 2032
11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Product
Cultured Butter
Uncultured Butter
Others
Distribution Channel
Offline
Online
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
11.3.1 Saudi Arabia Butter Market Size Forecast, 2021- 2032
11.3.2 The UAE Butter Market Size Forecast, 2021- 2032
11.3.3 Rest of Middle East Butter Market Size Forecast, 2021- 2032
11.3.4 South Africa Butter Market Size Forecast, 2021- 2032
11.3.4 Rest of Africa Butter Market Size Forecast, 2021- 2032
Chapter 12: Competitive Landscape
12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Amul Dairy
Anand
Arla Foods amba
Dairy Farmers of America Inc
Fonterra Co-operative Group
Lactalis Group
Meadow Foods Ltd
MS Iceland Dairies
Muller
Organic Valley
Ornua Co-operative Ltd
Chapter 13: Sources and Research Methodology
13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information
List of Figures
Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Butter Market Outlook by Type, 2021- 2032
Figure 6: Global Butter Market Outlook by Application, 2021- 2032
Figure 7: Global Butter Market Outlook by Region, 2021- 2032
Figure 8: North America Butter Market Snapshot, Q4-2024
Figure 9: North America Butter Market Size Forecast by Type, 2021- 2032
Figure 10: North America Butter Market Size Forecast by Application, 2021- 2032
Figure 11: North America Butter Market Share by Country, 2023
Figure 12: Europe Butter Market Snapshot, Q4-2024
Figure 13: Europe Butter Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Butter Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Butter Market Share by Country, 2023
Figure 16: Asia Pacific Butter Market Snapshot, Q4-2024
Figure 17: Asia Pacific Butter Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Butter Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Butter Market Share by Country, 2023
Figure 20: South America Butter Market Snapshot, Q4-2024
Figure 21: South America Butter Market Size Forecast by Type, 2021- 2032
Figure 22: South America Butter Market Size Forecast by Application, 2021- 2032
Figure 23: South America Butter Market Share by Country, 2023
Figure 24: Middle East and Africa Butter Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Butter Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Butter Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Butter Market Share by Country, 2023
Figure 28: United States Butter Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Butter Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Butter Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Butter Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Butter Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Butter Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Butter Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Butter Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Butter Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Butter Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Butter Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Butter Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Butter Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Butter Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Butter Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Butter Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Butter Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Butter Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Butter Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Butter Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Butter Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Butter Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Butter Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology
List of Tables
Table 1: Market Scope and Segmentation
Table 2: Global Butter Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Butter Market Size Outlook by Segments, 2021- 2032
Table 7: Global Butter Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Butter Market Outlook by Type, 2021- 2032
Table 10: North America- Butter Market Outlook by Country, 2021- 2032
Table 11: Europe - Butter Market Outlook by Type, 2021- 2032
Table 12: Europe - Butter Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Butter Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Butter Market Outlook by Country, 2021- 2032
Table 15: South America- Butter Market Outlook by Type, 2021- 2032
Table 16: South America- Butter Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Butter Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Butter Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Butter Companies
Table 20: Product Profiles of Leading Butter Companies
Table 21: SWOT Profiles of Leading Butter Companies

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