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1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Butter Market Analysis
8.1 Key Industry Highlights
8.2 Global Butter Historical Market (2018-2023)
8.3 Global Butter Market Forecast (2024-2032)
8.4 Global Butter Market by Type
8.4.1 Salted Butter
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Unsalted Butter
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Butter Market by Usage
8.5.1 Spreadable
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Non-spreadable
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Butter Market by End Use
8.6.1 Food Processing
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Food Service
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Food Retail
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Butter Market by Distribution Channel
8.7.1 Supermarkets/Hypermarkets
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Convenience Stores
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Online
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Global Butter Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Butter Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Butter Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Butter Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Butter Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Butter Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code – 040510)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Lactalis International
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Land O’Lakes, Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Fonterra Co-operative Group Limited
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.3.5 Certifications
17.2.4 Royal FrieslandCampina N.V.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Arla Foods amba
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Gujarat Co-operative Milk Marketing Federation Ltd (AMUL)
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Dairy Farmers of America, Inc.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Müller Group
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Ornua Co-operative Limited
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Organic Valley
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Meadow Foods Limited
17.2.11.1 Company Overview
17.2.11.2 Product Portfolio
17.2.11.3 Demographic Reach and Achievements
17.2.11.4 Certifications
17.2.12 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Butter Market: Key Industry Highlights, 2018 and 2032
2. Global Butter Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Butter Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Butter Historical Market: Breakup by Usage (USD Billion), 2018-2023
5. Global Butter Market Forecast: Breakup by Usage (USD Billion), 2024-2032
6. Global Butter Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Butter Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Butter Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
9. Global Butter Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10. Global Butter Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Butter Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Butter Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Butter Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Butter Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Butter Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Butter Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Butter Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Butter Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Butter Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Butter Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Butter Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Major Exporting Countries by Value
23. Major Importing Countries by Value
24. Major Exporting Countries by Volume
25. Major Importing Countries by Volume
26. Global Butter Market Structure
In 2023, the market reached an approximate value of USD 49.43 billion.
The global butter market is assessed to grow at a CAGR of 3.20% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 65.67 billion by 2032.
The market is guided by the shifting consumer preference towards organic products and the high demand for the product from retail outlets.
The growth of the market is propelled by the globalisation of cuisines and the increasing demand for packaged butter.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The different distribution channels for the product include supermarkets/hypermarkets, convenience stores, and online, among others.
The market's key players 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, among others.
Based on the usage, the market is divided into spreadable and non-spreadable.
Based on the type, the market is divided into salted butter and unsalted butter.
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