Press Release
Press Release
Butter is a popular dairy product which is widely used in home preparations as well as food service businesses. It is typically available in salted and unsalted forms and is high in saturated fats and contains vitamins A, E, and D, among other nutrients. Butter has cultural significance in Europe and South Asia and has become a major commodity influenced by dietary patterns, contributing to the global butter market expansion.
There is a large demand for packaged butter as it is easy to store, use, and transport, making it appealing for both at home consumption and food businesses.
According to the FAO statistics, the production data from 2019 to 2021 reveals stable trends in butter production. Butter and ghee from sheep milk showed a minor decrease, from 0.07 million tonnes in 2019 to 0.06 million tonnes in 2020 and 2021. Buffalo milk butter production fluctuated slightly, with a decrease from 1.74 million tonnes in 2019 to 1.73 million tonnes in 2020, then a rise to 1.75 million tonnes in 2021. Cow milk butter, the highest production category, increased from 5.87 million tonnes in 2019 to 5.93 million tonnes in 2020 but fell to 5.80 million tonnes in 2021.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
In March 2024, Amul, the popular Indian dairy brand known for its 'Taste of India' tagline, launched its fresh milk products in the US. The company partnered with the Michigan Milk Producers Association. This expansion marks Amul's first venture outside India and aims to tap into the large Indian and Asian diaspora in the US.
In May 2024, Aldi launched recyclable paper-based packaging for its Specially Selected West Country and Yorkshire block butter lines. This initiative aims to eliminate over 10 tonnes of non-recyclable packaging annually. This initiative follows a similar move to replace plastic with paper in its Everyday Essentials cheese singles, which cut an additional 23 tonnes of plastic waste each year.
The major players in the global butter market are Lactalis International, Land O’Lakes, Inc., Fonterra Co-operative Group Limited, Royal FrieslandCampina N.V., Arla Foods amba, Gujarat Co-operative Milk Marketing Federation Ltd (AMUL), Dairy Farmers of America, Inc., Müller Group, Ornua Co-operative Limited, Organic Valley, and Meadow Foods Limited, amongst others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type |
|
Breakup by Usage |
|
Breakup by End Use |
|
Breakup by Distribution Channel |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.