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Butter Market Research Report Information by Product Type (Standard Butter, Clarified Butter, Whipped Butter, Others), by Category (Salted, Unsalted), by Form (Spreads, Liquid/Oil, Blocks, Others), by End-Use (Food Processing, Food Service, Food Retails),

Published Aug 17, 2025
Length 167 Pages
SKU # RESFT20413924

Description

The global butter market is forecasted to attain USD 100,016.24 million by 2034, supported by a steady 5.54% CAGR by the end of 2034. Butter is a natural fat obtained by churning milk or cream to separate the butterfat from buttermilk. Known for its golden color and distinct taste, it is commonly used in spreads, sauces, and baked goods.

The global butter market has been experiencing significant growth, which has mainly been fueled by the demand for butter in processed foods. As consumers are looking more and more for processed and ready-to-eat meals, the rise of urban lifestyles and the increase in the average income also contribute to raising the market need. Consistent usage in both retail and food service sectors, combined with expanding consumption in emerging markets and supportive government dairy policies, further propels market expansion.

Key Company Development
In March of the year 2024, GCMMF cooperated with MMPA (Michigan Milk Producers Association) to launch Amul-branded fluid milk across the entire U.S. This event is the debut of Amul in the U.S. milk segment but it also provides ways to a butter and dairy product supply all over the world. This cooperation incentivizes chances for Amul to access the international dairy markets, one of the most challenging, where it can turn competitors into allies by virtue of striking remarkable presence in the markets that highly contest.

Major Competitors
Key competitors in the global butter market are Gujarat Cooperative Milk, Marketing Federation Ltd, Arla Foods, LAND O'LAKES, INC., LACTALIS GROUP, Ornua Co-operative Limited (Ornua), Delta Nutritives (Delta), Dairy Farmers of America, Inc. (DFA), Fonterra Co-operative Group (Fonterra), Organic Valley, and Savencia Fromage & Dairy.

Report Attribute Details
• Market Size 2023: USD 55,678.23 Million
• Market Size 2034: USD 1,00,016.24 Million
• CAGR (2025-2034): 5.54%
• Base Year: 2024
• Market Forecast Period: 2025-2034

Market Segmentation Insights
• By Product Type: Standard Butter - 5.69%, Clarified Butter - 5.91%.
• By Category: Salted - 6.03%, Unsalted - 4.85%.
• By Form: Spreads - 6.32%, Liquid/Oil - 5.36%.
• By End-Use: Food Processing - 6.63%, Food Service - 4.42%.

Regional Perspectives
The United States of America and Canada top the list of the most significant markets in North America, where butter is the most widely used product. The HoReCa sector, in general, the bakery and catering segment has been identified as the major driver of growth for this market. The U.S. and Canada butter markets reached USD 8,448.65 million and USD 1,317.70 million, respectively, underscoring steady regional demand.

Europe has been a continent where the use of butter has been ingrained into people's lives for a very long time and where the demand has been mostly concentrated in Germany, France, and the UK. Although the market is mature, this has not prevented it from being profitable. Europe’s butter market is concentrated in Germany (USD 3,454.17 million), the UK (USD 2,511.29 million), and France (USD 2,095.33 million).

The Asia Pacific region, however, is a notable example of a market that is turning out to be the most rapidly developing one. The foremost trend emerges in China, India, and Japan, and the international brands are gradually launching top-quality butter that caters to local tastes. Asia-Pacific shows the strongest momentum with China leading at USD 8,809.96 million, followed by India at USD 4,827.73 million and Japan at USD 3,072.39 million.

The rest of the World shows promising opportunities. The Middle East sees strong demand from a booming foodservice and tourism industry, while South America experiences rising household and bakery consumption in Brazil and Argentina. Africa is at an early stage, but growing urban markets are creating potential for long-term growth.

Table of Contents

167 Pages
1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Butter Market, By Product Type
1.1.2 Global Butter Market, By Category
1.1.3 Global Butter Market, By Form
1.1.4 Global Butter Market, By End-use
1.1.5 Global Butter Market, By Region/Country
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.5.3 Primary Research: Regional Coverage
3.6 Approaches For Market Size Estimation:
3.6.1 Consumption & Net Trade Approach
3.6.2 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
3.9 Teams And Analyst Contribution
4 Market Dynamics
4.1 Introduction
4.2 Growth Parameters Mapped – Drivers
4.2.1 Increasing Demand For Butter In Food Processing
4.2.2 Growth Of The Horeca Industry
4.2.3 Drivers Impact Analysis
4.3 Restraints
4.3.1 Increasing Health Awareness
4.3.2 Competition From Margarine And Plant-based Alternatives
4.3.3 Restraints Impact Analysis
4.4 Opportunities
4.4.1 Investments In R&D For Innovations
4.4.2 Sustainable Practices
4.4.3 Opportunity Impact Analysis
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Raw Material Procurement
5.1.2 Manufacturing / Production/ Processing
5.1.3 . Packaging
5.1.4 Distribution
5.1.5 End-user
5.2 Supply Chain Analysis
5.2.1 Participants (At Different Nodes)
5.2.1.1 Raw Material Sourcing & Transportation Of Raw Milk
5.2.1.2 Quality Check And Inspection
5.2.1.3 Processing Unit (Butter Production)
5.2.1.4 Packaging & Distribution
5.2.1.5 End-use (Retail & Commercial Sales)
5.3 Porter’s Five Forces Model
5.3.1 Threat Of New Entrants
5.3.2 Bargaining Power Of Suppliers
5.3.3 Bargaining Power Of Buyers
5.3.4 Threat Of Substitutes
5.3.5 Intensity Of Rivalry
5.4 Covid-19 Impact Analysis
5.4.1 Market Impact Analysis
5.4.2 Regional Impact
North America
Europe
South America
Asia Pacific
Middle East And Africa (Mea)
5.4.3 Opportunity And Threat Analysis
Opportunities
Threats
6 Global Butter Market, By Product Type
6.1 Introduction
6.2 Standard Butter
6.3 Clarified Butter
6.4 Whipped Butter
6.5 Others
7 Global Butter Market, By Category
7.1 Introduction
7.2 Salted
7.3 Unsalted
8 Global Butter Market, By Form
8.1 Introduction
8.2 Spreads
8.3 Liquid/Oil
8.4 Blocks
8.5 Others
9 Global Butter Market, By End-use
9.1 Introduction
9.2 Food Processing
9.3 Foodservice
9.4 Food Retail
10 Global Butter Market, By Region
10.1 Overview
10.2 North America
10.2.1 Us
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 Uk
10.3.3 France
10.3.4 Spain
10.3.5 Italy
10.3.6 Finland
10.3.7 Rest Of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia & New Zealand
10.4.5 South Korea
10.4.6 Rest Of Asia Pacific
10.5 Rest Of The World
10.5.1 South America
10.5.2 Middle East
10.5.3 Africa
11 Competitive Landscape
11.1 Introduction
11.2 Competition Dashboard
11.2.1 Product Portfolio
11.2.2 Regional Presence
11.2.3 Strategic Alliances
11.2.4 Industry Experiences
11.3 Market Tier Analysis, 2024
11.4 Company Market Share Analysis, 2024
11.5 Who Are The Major Disruptors & Innovators
11.6 What Strategies Are Being Adopted By Market Leaders
11.7 Comparative Analysis: Key Players Financial
11.8 List Of Key Players/Brands, By Region
11.9 Key Developments & Growth Strategies
11.9.1 Expansion
11.9.2 Partnership
12 Company Profiles
12.1 Gujarat Cooperative Milk Marketing Federation Ltd
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products Offered
12.1.4 Key Developments
12.1.5 Swot Analysis
12.1.6 Key Strategy
12.2 Alra Foods
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products Offered
12.2.4 Key Developments
12.2.5 Swot Analysis
12.2.6 Key Strategy
12.3 Land O’lakes, Inc
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products Offered
12.3.4 Key Developments
12.3.5 Swot Analysis
12.3.6 Key Strategy
12.4 Lactalis Group
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products Offered
12.4.4 Key Developments
12.4.5 Key Strategy
12.5 Ornua Co-operative Limited
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products Offered
12.5.4 Key Developments
12.5.5 Swot Analysis
12.5.6 Key Strategy
12.6 Delta Nutritives
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products Offered
12.6.4 Key Developments
12.6.5 Key Strategy
12.7 Dairy Farmers Of America, Inc.
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Service Offered
12.7.4 Key Developments
12.7.5 Key Strategy
12.8 Fonterra Co-operative Group
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products Offered
12.8.4 Key Developments
12.8.5 Key Strategy
12.9 Organic Valley
12.9.1 Company Overview
12.9.2 Products Offered
12.9.3 Key Developments
12.9.4 Key Strategy
12.10 Savencia Fromage & Dairy
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products Offered
12.10.4 Key Developments
12.10.5 Key Strategy
12.11 Royal Frieslandcampina N.V.
12.11.1 Company Overview
12.11.2 Financial Overview
12.11.3 Products Offered
12.11.4 Key Developments
12.11.5 Key Strategy
12.12 Data Citations
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 2 Global Butter Market, By Product Type, 2020-2034 (Usd Million)
Table 3 Global Butter Market, By Category, 2020-2034 (Usd Million)
Table 4 Global Butter Market, By Form, 2020-2034 (Usd Million)
Table 5 Global Butter Market, By End-use, 2020-2034 (Usd Million)
Table 6 Global Butter Market, By Region, 2020-2034(Usd Million)
Table 7 North America Butter Market, By Country, 2020-2034(Usd Million)
Table 8 North America Butter Market, By Product Type, 2020-2034(Usd Million)
Table 9 North America Butter Market, By Category, 2020-2034(Usd Million)
Table 10 North America Butter Market, By Form, 2020-2034(Usd Million)
Table 11 North America Butter Market, By End Use, 2020-2034(Usd Million)
Table 12 Us Butter Market, By Product Type, 2020-2034(Usd Million)
Table 13 Us Butter Market, By Category, 2020-2034(Usd Million)
Table 14 Us Butter Market, By Form, 2020-2034(Usd Million)
Table 15 Us Butter Market, By End Use, 2020-2034(Usd Million)
Table 16 Canada Butter Market, By Product Type, 2020-2034(Usd Million)
Table 17 Canada Butter Market, By Category, 2020-2034(Usd Million)
Table 18 Canada Butter Market, By Form, 2020-2034(Usd Million)
Table 19 Canada Butter Market, By End Use, 2020-2034(Usd Million)
Table 20 Mexico Butter Market, By Product Type, 2020-2034(Usd Million)
Table 21 Mexico Butter Market, By Category, 2020-2034(Usd Million)
Table 22 Mexico Butter Market, By Form, 2020-2034(Usd Million)
Table 23 Mexico Butter Market, By End Use, 2020-2034(Usd Million)
Table 24 Europe Butter Market, By Country, 2020-2034(Usd Million)
Table 25 Europe Butter Market, By Product Type, 2020-2034(Usd Million)
Table 26 Europe Butter Market, By Category, 2020-2034(Usd Million)
Table 27 Europe Butter Market, By Form, 2020-2034(Usd Million)
Table 28 Europe Butter Market, By End Use, 2020-2034(Usd Million)
Table 29 Germany Butter Market, By Product Type, 2020-2034(Usd Million)
Table 30 Germany Butter Market, By Category, 2020-2034(Usd Million)
Table 31 Germany Butter Market, By Form, 2020-2034(Usd Million)
Table 32 Germany Butter Market, By End Use, 2020-2034(Usd Million)
Table 33 Uk Butter Market, By Product Type, 2020-2034(Usd Million)
Table 34 Uk Butter Market, By Category, 2020-2034(Usd Million)
Table 35 Uk Butter Market, By Form, 2020-2034(Usd Million)
Table 36 Uk Butter Market, By End Use, 2020-2034(Usd Million)
Table 37 France Butter Market, By Product Type, 2020-2034(Usd Million)
Table 38 France Butter Market, By Category, 2020-2034(Usd Million)
Table 39 France Butter Market, By Form, 2020-2034(Usd Million)
Table 40 France Butter Market, By End Use, 2020-2034(Usd Million)
Table 41 Spain Butter Market, By Product Type, 2020-2034(Usd Million)
Table 42 Spain Butter Market, By Category, 2020-2034(Usd Million)
Table 43 Spain Butter Market, By Form, 2020-2034(Usd Million)
Table 44 Spain Butter Market, By End Use, 2020-2034(Usd Million)
Table 45 Italy Butter Market, By Product Type, 2020-2034(Usd Million)
Table 46 Italy Butter Market, By Category, 2020-2034(Usd Million)
Table 47 Italy Butter Market, By Form, 2020-2034(Usd Million)
Table 48 Italy Butter Market, By End Use, 2020-2034(Usd Million)
Table 49 Finland Butter Market, By Product Type, 2020-2034(Usd Million)
Table 50 Finland Butter Market, By Category, 2020-2034(Usd Million)
Table 51 Finland Butter Market, By Form, 2020-2034(Usd Million)
Table 52 Finland Butter Market, By End Use, 2020-2034(Usd Million)
Table 53 Rest Of Europe Butter Market, By Product Type, 2020-2034(Usd Million)
Table 54 Rest Of Europe Butter Market, By Category, 2020-2034(Usd Million)
Table 55 Rest Of Europe Butter Market, By Form, 2020-2034(Usd Million)
Table 56 Rest Of Europe Butter Market, By End Use, 2020-2034(Usd Million)
Table 57 Asia Pacific Butter Market, By Country, 2020-2034(Usd Million)
Table 58 Asia Pacific Butter Market, By Product Type, 2020-2034(Usd Million)
Table 59 Asia Pacific Butter Market, By Category, 2020-2034(Usd Million)
Table 60 Asia Pacific Butter Market, By Form, 2020-2034(Usd Million)
Table 61 Asia Pacific Butter Market, By End Use, 2020-2034(Usd Million)
Table 62 China Butter Market, By Product Type, 2020-2034(Usd Million)
Table 63 China Butter Market, By Category, 2020-2034(Usd Million)
Table 64 China Butter Market, By Form, 2020-2034(Usd Million)
Table 65 China Butter Market, By End Use, 2020-2034(Usd Million)
Table 66 Japan Butter Market, By Product Type, 2020-2034(Usd Million)
Table 67 Japan Butter Market, By Category, 2020-2034(Usd Million)
Table 68 Japan Butter Market, By Form, 2020-2034(Usd Million)
Table 69 Japan Butter Market, By End Use, 2020-2034(Usd Million)
Table 70 India Butter Market, By Product Type, 2020-2034(Usd Million)
Table 71 India Butter Market, By Category, 2020-2034(Usd Million)
Table 72 India Butter Market, By Form, 2020-2034(Usd Million)
Table 73 India Butter Market, By End Use, 2020-2034(Usd Million)
Table 74 Australia & New Zealand Butter Market, By Product Type, 2020-2034(Usd Million)
Table 75 Australia & New Zealand Butter Market, By Category, 2020-2034(Usd Million)
Table 76 Australia & New Zealand Butter Market, By Form, 2020-2034(Usd Million)
Table 77 Australia & New Zealand Butter Market, By End Use, 2020-2034(Usd Million)
Table 78 South Korea Butter Market, By Product Type, 2020-2034(Usd Million)
Table 79 South Korea Butter Market, By Category, 2020-2034(Usd Million)
Table 80 South Korea Butter Market, By Form, 2020-2034(Usd Million)
Table 81 South Korea Butter Market, By End Use, 2020-2034(Usd Million)
Table 82 Rest Of Asia Pacific Butter Market, By Product Type, 2020-2034(Usd Million)
Table 83 Rest Of Asia Pacific Butter Market, By Category, 2020-2034(Usd Million)
Table 84 Rest Of Asia Pacific Butter Market, By Form, 2020-2034(Usd Million)
Table 85 Rest Of Asia Pacific Butter Market, By End Use, 2020-2034(Usd Million)
Table 86 Rest Of The World Butter Market, By Country, 2020-2034(Usd Million)
Table 87 Rest Of The World Butter Market, By Product Type, 2020-2034(Usd Million)
Table 88 Rest Of The World Butter Market, By Category, 2020-2034(Usd Million)
Table 89 Rest Of The World Butter Market, By Form, 2020-2034(Usd Million)
Table 90 Rest Of The World Butter Market, By End Use, 2020-2034(Usd Million)
Table 91 South America Butter Market, By Product Type, 2020-2034(Usd Million)
Table 92 South America Butter Market, By Category, 2020-2034(Usd Million)
Table 93 South America Butter Market, By Form, 2020-2034(Usd Million)
Table 94 South America Butter Market, By End Use, 2020-2034(Usd Million)
Table 95 Middle East Butter Market, By Product Type, 2020-2034(Usd Million)
Table 96 Middle East Butter Market, By Category, 2020-2034(Usd Million)
Table 97 Middle East Butter Market, By Form, 2020-2034(Usd Million)
Table 98 Middle East Butter Market, By End Use, 2020-2034(Usd Million)
Table 99 Africa Butter Market, By Product Type, 2020-2034(Usd Million)
Table 100 Africa Butter Market, By Category, 2020-2034(Usd Million)
Table 101 Africa Butter Market, By Form, 2020-2034(Usd Million)
Table 102 Africa Butter Market, By End Use, 2020-2034(Usd Million)
Table 103 Comparative Analysis
Table 104 Global Butter Market, Key Players, By Region
Table 105 Product Launches
Table 106 Merger & Acquisition
Table 107 Expansion
Table 108 Partnership
Table 109 Gujarat Cooperative Milk Marketing Federation Ltd: Products Offered
Table 110 Gujarat Cooperative Milk Marketing Federation Ltd: Key Developments
Table 111 Alra Foods: Products Offered
Table 112 Alra Foods: Key Developments
Table 113 Land O’lakes, Inc.: Products Offered
Table 114 Land O’lakes, Inc.: Key Developments
Table 115 Lactalis Group: Products Offered
Table 116 Ornua Co-operative Limited.: Products Offered
Table 117 Ornua Co-operative Limited: Key Developments
Table 118 Delta Nutritives: Products Offered
Table 119 Dairy Farmers Of America, Inc.: Products Offered
Table 120 Dairy Farmers Of America, Inc.: Key Developments
Table 121 Fonterra Co-operative Group: Products Offered
Table 122 Fonterra Co-operative Group: Key Developments
Table 123 Organic Valley: Products Offered
Table 124 Savencia Fromage & Dairy: Products Offered
Table 125 Savencia Fromage & Dairy: Key Developments
Table 126 Royal Frieslandcampina N.V.: Products Offered
List Of Figures
Figure 1 Market Attractiveness Analysis: Global Butter Market
Figure 2 Global Butter Market Analysis, By Product Type
Figure 3 Global Butter Market Analysis, By Category
Figure 4 Global Butter Market Analysis, By Form
Figure 5 Global Butter Market Analysis, By End-use
Figure 6 Global Butter Market Analysis, By Region/Country
Figure 7 Global Butter Market: Structure
Figure 8 Global Butter Market: Market Growth Factor Analysis (2024-2034)
Figure 9 Drivers Impact Analysis: Global Butter Market
Figure 10 Restraints Impact Analysis: Global Butter Market
Figure 11 Opportunity Impact Analysis: Global Butter Market
Figure 12 Global Butter Market: Value Chain Analysis
Figure 13 Global Butter Market: Supply Chain Analysis
Figure 15 Global Butter Market, By Product Type, Segment Attractiveness Analysis
Figure 16 Global Butter Market, By Product Type, 2024 (% Share)
Figure 17 Global Butter Market, By Category, Segment Attractiveness Analysis
Figure 18 Global Butter Market, By Category, 2024 (% Share)
Figure 19 Global Butter Market, By Form, Segment Attractiveness Analysis
Figure 20 Global Butter Market, By Form, 2024 (% Share)
Figure 21 Global Butter Market, By End-use, Segment Attractiveness Analysis
Figure 22 Global Butter Market, By End-use, 2024 (% Share)
Figure 23 Global Butter Market, By Region, 2024 (% Share)
Figure 24 North America Market: Comparative Analysis
Figure 25 North America Butter Market, By Country, 2024 (% Share)
Figure 26 Europe Market: Comparative Analysis
Figure 27 Europe Butter Market, By Country, 2024 (% Share)
Figure 28 Asia Pacific Market: Comparative Analysis
Figure 29 Asia Pacific Butter Market, By Country, 2024 (% Share)
Figure 30 Rest Of The World Market: Comparative Analysis
Figure 31 Rest Of The World Butter Market, By Country, 2024 (% Share)
Figure 32 Competitor Dashboard: Global Butter Market
Figure 33 Global Butter Market: Market Tier Analysis, 2024
Figure 34 Company Market Share Analysis, 2024
Figure 35 Gujarat Cooperative Milk Marketing Federation Ltd: Swot Analysis
Figure 36 Alra Foods: Swot Analysis
Figure 37 Land O’lakes, Inc.: Swot Analysis
Figure 38 Ornua Co-operative Limited: Financial Overview Snapshot (Annual Turnover)
Figure 39 Ornua Co-operative Limited: Swot Analysis
Figure 40 Dairy Farmers Of America, Inc. Limited: Financial Overview Snapshot
Figure 41 Fonterra Co-operative Group: Financial Overview Snapshot
Figure 42 Savencia Fromage & Dairy.: Financial Overview Snapshot
Figure 43 Royal Frieslandcampina N.V.: Financial Overview Snapshot

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