Global Butter Market Size & Outlook, 2020-2028
Global butter market, 2017-2028 (US$M)
Related Markets
Global butter market highlights
- The global butter market generated a revenue of USD 50,761.6 million in 2020 and is expected to reach USD 61,937.1 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 2.5% by 2028.
- In terms of segment, cultured butter accounted for a revenue of USD 30,155.0 million in 2020.
- Uncultured Butter is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2020.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 50,761.6 million |
| Market revenue in 2028 | USD 61,937.1 million |
| Growth rate | 2.5% (CAGR from 2020 to 2028) |
| Largest segment | Cultured butter |
| Fastest growing segment | Uncultured Butter |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cultured Butter, Uncultured Butter |
Other key industry trends
- In terms of revenue, the North America accounted for 13.4% of the global butter market in 2020.
- By country, the China is projected to lead the global market in terms of revenue in 2028.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 6,386.8 million by 2028.
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Butter Market Scope
Butter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global butter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to butter market will help companies and investors design strategic landscapes.
Cultured butter was the largest segment with a revenue share of 59.41% in 2020. Horizon Databook has segmented the Global butter market based on cultured butter, uncultured butter covering the revenue growth of each sub-segment from 2017 to 2028.
- Global Butter Product Outlook (Revenue, USD Million, 2017-2028)
- Cultured Butter
- Uncultured Butter
- Others
- Global Butter Distribution Channel Outlook (Revenue, USD Million, 2017-2028)
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Target buyers of Global butter market databook
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Our clientele includes a mix of butter market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global butter market , including forecasts for subscribers. This global databook contains high-level insights into Global butter market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Global butter market size, by regions, 2017-2028 (US$M)
Top 10 countries: Butter market size, 2020 (US$M)
Global butter market share, by product, 2020 & 2028 (%, US$M)
Butter market: Opportunity assessment by country
Global butter market, by region, 2020 (US$M)
Related regional statistics
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