Global Butter Market: The Butter market is driven by an Increasing Demand For Butter In Food Processing with a healthy CAGR of 4.52% during the forecast period of 2020 to 2027.

Butter Market Research Future Insights:

According to MRFR analysis, the global Butter market is expected to register a CAGR of 4.52% from 2020 to 2027 and hold a value of over USD  27,879.1 million by 2030.

Butter is a type of food made from the fat and protein components of milk or cream. It is a solid, yellowish, or white substance that is made by churning milk or cream to separate the butterfat from the liquid buttermilk. like other types of food, the demand for butter may have changed due to disruptions in the food supply chain and shifts in consumer behavior caused by the pandemic.

Regional Analysis

Europe is the fastest-growing butter market globally. The primary driver for this change is a shift in consumer perception about the consumption of butter – people are returning to butter from margarine and other substitutes, and overall butter consumption is rebounding in Europe. This is likely because of the increasing awareness about the health benefits of consuming butter in this region, which is propelling the growth of the butter market as a whole.

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Market Segmentation

The Global Butter market has been segmented into type, category, form, and end user.

Based on the type, the market has been segmented into Standard Butter, Clarified Butter, Whipped Butter, and others.

Based on the category, the market has been segmented into Salted and Unsalted.

Based on the form, the market has been segmented into Spreads, Liquid/Oil, Blocks, and others.

Based on the end user, the market has been segmented into Food Processing, {Bakery & Confectionery, Dairy & Frozen Desserts, Sauces, Dressings, & Spreads and others}, Foodservice, and Food Retail.

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Key Players

Some of the key market players are Ornua Co-operative Limited, Arla Foods amba, Dairy Farmers of America Inc., Fonterra Co-operative Group, Organic Valley, Land O’Lakes Inc, Lactalis Group, Royal FrieslandCampina N.V., Delta Nutritive.

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