North America Butter Market Size & Outlook, 2020-2028

The butter market in North America is expected to reach a projected revenue of US$ 8,175.7 million by 2028. A compound annual growth rate of 2.3% is expected of North America butter market from 2021 to 2028.
Revenue, 2020 (US$M)
$6,792.6
Forecast, 2028 (US$M)
$8,175.7
CAGR, 2021 - 2028
2.3%
Report Coverage
North America

North America butter market highlights

  • The North America butter market generated a revenue of USD 6,792.6 million in 2020.
  • The market is expected to grow at a CAGR of 2.3% from 2021 to 2028.
  • In terms of segment, cultured butter was the largest revenue generating product in 2020.
  • Uncultured Butter is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2028.


North America data book summary

Market revenue in 2020USD 6,792.6 million
Market revenue in 2028USD 8,175.7 million
Growth rate2.3% (CAGR from 2020 to 2028)
Largest segmentCultured butter
Fastest growing segmentUncultured Butter
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationCultured Butter, Uncultured Butter
Key market players worldwideThe Kraft Heinz Co, Fonterra Co-operative Group, Ornua, Organic Valley, Dairy Farmers of America, AMUL, Fairfax Financial Holdings Ltd Shs Subord.Vtg, Arla Foods, Iceland Dairies, Mueller Industries Inc


Other key industry trends

  • In terms of revenue, North America region accounted for 13.4% of the global butter market in 2020.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • Europe is the fastest growing regional market and is projected to reach USD 18,550.2 million by 2028.

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Butter Market Scope

Butter market segmentation & scope

Butter Market Companies

Name Profile # Employees HQ Website

North America 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 59.27% in 2020. Horizon Databook has segmented the North America butter market based on cultured butter, uncultured butter covering the revenue growth of each sub-segment from 2017 to 2028.


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Target buyers of North America butter market databook

  • Our clientele includes a mix of butter market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America butter market , including forecasts for subscribers. This continent databook contains high-level insights into North America butter market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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North America butter market size, by country, 2017-2028 (US$M)

North America Butter Market Outlook Share, 2020 & 2028 (US$M)

North America butter market size, by country, 2017-2028 (US$M)

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