Middle East & Africa Plant-based Butter Market Size & Outlook
The plant-based butter market in Middle East & Africa is expected to reach a projected revenue of US$ 155.9 million by 2030. A compound annual growth rate of 6.3% is expected of Middle East & Africa plant-based butter market from 2024 to 2030.
Revenue, 2023 (US$M)
$101.4
Forecast, 2030 (US$M)
$155.9
CAGR, 2024 - 2030
6.3%
Report Coverage
Middle East & Africa
Middle East & Africa plant-based butter market, 2018-2030 (US$M)
MEA plant-based butter market highlights
- The MEA plant-based butter market generated a revenue of USD 101.4 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, almond was the largest revenue generating source in 2023.
- Almond is the most lucrative source segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 101.4 million |
| Market revenue in 2030 | USD 155.9 million |
| Growth rate | 6.3% (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 |
| Key market players worldwide | Upfield, Califia Farms, Kite Hill |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.1% of the global plant-based butter market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 981.9 million by 2030.
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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 |
|---|
Related regional statistics
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