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(HomeGarden247.com, April 27, 2023 ) As per Maximize Market research, the total global market for “Butter Market” was USD 39 Bn in 2021 and is expected to grow at a CAGR of 4.11 percent over the forecast period to reach USD 53.82 Bn by 2029.
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Butter Market Report Scope and Research Methodology
The Butter Market report presents a detailed analysis using primary and secondary data to maintain the authenticity of the report. The report showed the future prospect and current market dynamics, scope, opportunities, restraints, and drivers of the Butter Market. The statistical data is deliberated by using a bottom-up approach.
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Butter Market Dynamics
Butter is a dairy item considered a protein segment and the increased number of individuals eating at bistros and eateries is expected to drive the Butter Market. Butter brands such as Fonterra, Arla Foods are advertising low-fat butter, which is expected to affect the Global Butter Market.
Butter Market Regional Insights
Asia Pacific held the largest share of 49.7 percent in 2022. The growing food and beverages industry in the region along with increased restaurant chains is expected to drive the Butter Market.
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Butter Market Segmentation:
Food Processing Industry
Butter Market Key Players include:
Groupe Lactalis S.A.
Arla Foods amba
Dean Foods Co
Land O' Lakes, Inc.
Sodiaal International SA
Britannia Industries Ltd
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Maximize Market Research, a leading Food & Beverages research firm has also published the following reports:
Cookie Butter Spread Market - The market size is expected to reach USD 3.21 billion by 2029 at a CAGR of 3.88 percent during the forecast period.
Almond Butter Market : The market size is expected to reach USD 1354.1 billion by 2029 at a CAGR of 8.22 percent during the forecast period.
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