Global Clarified Butter Market Size & Outlook, 2019-2027
Global clarified butter market, 2016-2027 (US$M)
Related Markets
Global clarified butter market highlights
- The global clarified butter market generated a revenue of USD 1,544.3 million in 2019 and is expected to reach USD 3,295.4 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 9.9% by 2027.
- In terms of segment, conventional accounted for a revenue of USD 950.9 million in 2019.
- Flavored 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 2019.
- Country-wise, India is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 1,544.3 million |
| Market revenue in 2027 | USD 3,295.4 million |
| Growth rate | 9.9% (CAGR from 2019 to 2027) |
| Largest segment | Conventional |
| Fastest growing segment | Flavored |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional, Flavored |
Other key industry trends
- In terms of revenue, the North America accounted for 14.6% of the global clarified butter market in 2019.
- By country, the India is projected to lead the global market in terms of revenue in 2027.
- By country, India is the fastest growing regional market and is projected to reach USD 758.7 million by 2027.
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Clarified Butter Market Scope
Clarified Butter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global clarified 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 clarified butter market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 61.57% in 2019. Horizon Databook has segmented the Global clarified butter market based on conventional, flavored covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Clarified Butter Product Outlook (Revenue, USD Million, 2016-2027)
- Conventional
- Flavored
- Global Clarified Butter Application Outlook (Revenue, USD Million, 2016-2027)
- B2B
- B2C
- Global Clarified Butter Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Online
- Offline
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Target buyers of Global clarified butter market databook
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Our clientele includes a mix of clarified butter market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global clarified butter market , including forecasts for subscribers. This global databook contains high-level insights into Global clarified butter market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global clarified butter market size, by regions, 2016-2027 (US$M)
Top 10 countries: Clarified butter market size, 2019 (US$M)
Global clarified butter market share, by product, 2019 & 2027 (%, US$M)
Clarified butter market: Opportunity assessment by country
Global clarified butter market, by region, 2019 (US$M)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 136.3 | 162.7 | 194.3 | 225.7 | 257.1 | 288.3 | 319.5 | 350.5 | 381.5 | 412.3 | 443.1 | 473.7 | 9.7% |
| Europe | 124.4 | 158.0 | 200.0 | 245.7 | 295.0 | 348.0 | 404.6 | 464.8 | 528.7 | 596.2 | 667.3 | 742.0 | 14.8% |
| Asia Pacific | 461.8 | 521.5 | 614.4 | 704.3 | 791.2 | 875.0 | 955.8 | 1,033.6 | 1,108.3 | 1,179.9 | 1,248.6 | 1,314.1 | 8.1% |
| Latin America | 68.4 | 82.5 | 99.4 | 116.6 | 134.1 | 151.8 | 169.8 | 188.1 | 206.6 | 225.4 | 244.4 | 263.7 | 10.7% |
| MEA | 155.0 | 183.9 | 218.2 | 252.0 | 285.1 | 317.8 | 349.8 | 381.4 | 412.3 | 442.7 | 472.5 | 501.8 | 9.0% |
| Overall | 945.8 | 1,108.6 | 1,326.4 | 1,544.3 | 1,762.5 | 1,980.9 | 2,199.5 | 2,418.3 | 2,637.3 | 2,856.5 | 3,075.9 | 3,295.4 | 9.9% |
Related regional statistics
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