Global Lactose-free Butter Market Size & Outlook
The lactose-free butter industry worldwide is expected to reach a projected revenue of US$ 458.9 million by 2030. A compound annual growth rate of 5.7% is expected of the worldwide lactose-free butter industry from 2024 to 2030.
Revenue, 2023 (US$M)
$311.5
Forecast, 2030 (US$M)
$458.9
CAGR, 2024 - 2030
5.7%
Report Coverage
Worldwide
Global lactose-free butter market, 2018-2030 (US$M)
Global lactose-free butter market highlights
- The global lactose-free butter market generated a revenue of USD 311.5 million in 2023 and is expected to reach USD 458.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.7% by 2030.
- In terms of segment, organic accounted for a revenue of USD 311.5 million in 2023.
- Organic is the most lucrative nature segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 311.5 million |
| Market revenue in 2030 | USD 458.9 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Organic |
| Fastest growing segment | Organic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic |
Other key industry trends
- In terms of revenue, the North America accounted for 25.8% of the global lactose-free butter market in 2023.
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Lactose-free Butter Market Scope
Lactose-free butter market segmentation & scope
Type
Salted
Unsalted
Source
Cream
Skimmed
Whole
Countries
Argentina
Brazil
Denmark
France
Germany
Italy
Norway
Sweden
Spain
UK
Canada
Mexico
U.S.
Kuwait
Saudi Arabia
South Africa
UAE
China
India
Japan
Australia
South Korea
Thailand
Lactose-free Butter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global lactose-free butter market size, by regions, 2018-2030 (US$M)
Related regional statistics
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