Butter and Margarine Market Growth Driven by Rising Demand for Bakery and Confectionery Applications | Valuates Reports

Butter and Margarine Market Size

The global Butter and Margarine market is projected to grow from US$ 67450 million in 2024 to US$ 81490 million by 2030, at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period.

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Butter is a dairy product that manufacturers make by churning cream or milk to separate the solid components from the liquid. People commonly use butter in cooking, baking, and as a spread.

Margarine is a substitute for butter. Manufacturers make margarine from plant-based oils, such as canola oil, palm fruit oil, and soybean oil.

Although butter and margarine have different components, both can contain large amounts of different fats.

The major players in global Butter and Margarine market include Upfield, Arla Foods, Land O'lakes, etc. The top 3 players occupy about 10% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 70% of the global market. Butter is the main type, with a share about 85%. Food Industry is the main application, which holds a share about 60%.

Report Covers:

This report presents an overview of global market for Butter and Margarine, sales, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Butter and Margarine, also provides the sales of main regions and countries. Highlights of the upcoming market potential for Butter and Margarine, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Butter and Margarine sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Butter and Margarine market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Butter and Margarine sales, projected growth trends, production technology, application and end-user industry.

By Type
• Butter
• Margarine

By Application
• Food Industry
• Household

Key Companies
NMGK Group, ConAgra, Wilmar-International, Fuji Oil, BRF, Yildiz Holding, Grupo Lala, NamChow, Cargill, COFCO, Uni-President, Mengniu Group, Yili Group, Land O'lakes, Arla Foods, Lactails, Fonterra, Amul

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This release was published on openPR.