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Plant-Based Butter Market Size, Share, Analysis, Growth Insight, Trends and Future Forecast - 2031

12-04-2024 03:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Plant-Based Butter Market

Plant-Based Butter Market

Plant-based butter market is anticipated to grow at a CAGR of 6.2% during the forecast period (2024-2031). Plant-based butter is widely used in a wide variety of different industries. These include the food industry, packaged and processed foods, retail and household use, the health and wellness sector, industrial and institutional applications, and specialty products. It is widely used for baking, cooking, condiments, packaged foods, food service, retail, household, health and wellness sector, industrial and institutional applications, and specialty products. It is vegan, lactose intolerant, and dairy-free, hence therefore less damaging than butter from the dairy to the environment. The future trends in advanced flavor concepts include the use of functional ingredients that include probiotics, omega-3s, or antioxidants, singles, and ecological packaging.

Get Free Sample link @ https://www.omrglobal.com/request-sample/plant-based-butter-market

In August 2024, Lurpak introduced a plant-based variant of its spreadable butter, containing equal quality and functionality as the dairy-based one used for spreading, cooking, and baking.

In September 2024, Flora launched a Category First plant-based smoked garlic butter, which has a climate impact of 78% lower than dairy butter. It is vegan-friendly and allergen-free.

In May 2023, Marine Food launched three new product lines: "Rich Plant-Based Butter" offers the richness of dairy butter but doesn't lose its taste when heated and is clean.

In October 2023, Wesson introduced a plant-based butter marketed under the new canola and olive oil blend, targeting conscious health-oriented consumers who crave a clean alternative form of dairy.

Full report of Plant-Based Butter Market available @ https://www.omrglobal.com/industry-reports/plant-based-butter-market

Market Coverage

The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered-
o By Source

o By Flavour

o By Distribution Channel

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape - Bunge Global SA, Flora Food Group, Conagra, Inc., and others.

Key questions addressed by the report.

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Plant-Based Butter Market Report Segment

By Source

Soy
Almonds
Oats
Coconut
Others (Olive Oil, Cocoa Butter, and Pea Protein)

By Flavour

Flavored
Plain

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/plant-based-butter-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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