Global Plant-based Butter Market Size & Outlook, 2023-2030
The plant-based butter industry worldwide is expected to reach a projected revenue of US$ 3,724.9 million by 2030. A compound annual growth rate of 6% is expected of the worldwide plant-based butter industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,474.3
Forecast, 2030 (US$M)
$3,724.9
CAGR, 2024 - 2030
6%
Report Coverage
Worldwide
Global plant-based butter market, 2018-2030 (US$M)
Global plant-based butter market highlights
- The global plant-based butter market generated a revenue of USD 2,474.3 million in 2023 and is expected to reach USD 3,724.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6% by 2030.
- In terms of segment, almond accounted for a revenue of USD 2,474.3 million in 2023.
- Almond is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 2,474.3 million |
| Market revenue in 2030 | USD 3,724.9 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Almond |
| Fastest growing segment | Almond |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Almond |
Other key industry trends
- In terms of revenue, the North America accounted for 34.6% of the global plant-based butter market in 2023.
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Plant-based Butter Market Scope
Plant-based butter market segmentation & scope
Nature
Organic
Conventional
Flavor
Flavored
Non-Flavored
Distribution Channel
B2B
B2C
Hypermarkets & Supermarkets
Specialty Stores
Online
Others
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait
Plant-based Butter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global plant-based butter market size, by regions, 2018-2030 (US$M)
Related regional statistics
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