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Butter and Margarine Market

Growing demand for convenient food products and an increase in demand in the food industry to bolster butter and margarine sales over the next decade.

Butter and Margarine Market by Usage, Type, Distribution Channel & Region- Forecast 2022 – 2032

Butter and Margarine Market Snapshot (2022-2032)

[299 Pages Report] Global butter and margarine market demand is anticipated to be valued at US$ 4,285.4Million in 2022, forecast to grow at a CAGR of 6.6% to be valued at US$8135.4Million from 2022 to 2032. Growth is attributed to increasing demand for high-quality, tasty, and convenient food. From 2016-2021 a CAGR of 6.4% was registered for the butter and margarine market.

Data Points

Key Statistics

Growth Rate (2016-2021)

6.4% CAGR

Projected Growth Rate (2022-2032)

6.6% CAGR

Expected Market Value (2022)

US$ 4,285.4Million

Anticipated Forecast Value (2032)

US$ 8,135.4Million

Butter and Margarine are vital ingredients of confectionery items. Over the years, butter and margarine have become necessities in every household, owing to nutritional value and the rise in demand for convenience food. While Butter is a dairy product, margarine is a non-dairy product capable of substituting it in the global market.

Margarine is a highly processed food product made from vegetable oils, while butter is basically concentrated dairy fat. Butter is a dairy product made by churning cream. Conversely, margarine is a product designed to imitate butter. Margarine contains unsaturated "good" fats - polyunsaturated and monounsaturated fats. These types of fats help reduce low-density lipoprotein (LDL), or "bad," cholesterol when substituted for saturated fat.

Although there is a difference in the taste and properties, their substituting nature is a boost for the industry. Consumers who aren’t buoyant enough to purchase butter from the market can make a switch to margarine since it’s cheap and serve the same purpose of enriching the tastes as butter.

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Which are Some Prominent Drivers Spearheading Butter and Margarine Market Growth?

Growing Demand in The End User Sector to Boost the Growth of the Butter and Margarine Market in The Coming Years.

Butter is used to produce a variety of food products such as cake, biscuits, cookies, macaroons, and other confectionery items. And this has affected the market positively with the rise in demand for confectionery products among consumers.

The significant growth witnessed in the butter and margarine market is due to the rise in consumers' disposable income globally. The increase in income has improved the purchasing power of consumers globally, and this will facilitate the growth in butter and margarine supply in the global market. Also, change in consumers’ lifestyles is another force driving the industry forward. Consumers often go for food products that require little time for preparation to save time after a hectic day.

Butter and margarine are convenient food products since they can be consumed anywhere at any time. For instance, individuals with tight schedules at their office can take butter or margarine along with them to working place to apply on bread or any other food product for consumption.

What are the Challenges Faced by the Butter and Margarine Industry?

Growing Health Consciousness Among the Consumers May Hinder the Growth of the Butter and Margarine Market.

The global butter and margarine market is threatened by the increase in health awareness programs regarding the side effects of the consumption of margarine, and the rise in obesity. This factor is expected to restrain the butter and margarine global market.

However, consumers might be shifting towards the consumption of butter, but due to its high cost, consumers will have to shun the market. And this will cause the market to decline in growth.

Furthermore, government stringent regulations such as licensing, labeling, and many others on manufacturing and marketing of food products like butter and margarine are projected to hamper the growth of the industry. Also, the rise in obesity among consumers has a negative impact on the growth of the market over the foreseeable period.

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Why is North America Emerging as an Opportunistic Butter and Margarine Market?

North America Handsomely Leads Butter and Margarine Market Due to High Demand from Food Processing Sector

North America was the largest market for butter and margarine market and the trend is expected to continue into the forecast period owing to the high preference for baked items that are processed with butter and margarine. The increase in disposable incomes of middle-class households in the region leads to convenient and healthier lifestyles expected to augment the butter and margarine market.

North America is the largest consumer of margarine spread, especially due to the high consumption in food processing. North America accounts for a total of 33.8% global butter and margarine market share. The growing popularity of baked goods among consumers boosts the demand for butter and margarine in the region.

How is Europe Contributing to the Growth of the Butter and Margarine Market?

The Presence of a Leading Butter and Margarine Manufacturer in The Region Provides a Lucrative Opportunity for The Growth of the Market.

According to Future Market Insights, Europe is expected to provide immense growth opportunities for the butter and margarine market, due to the growing number of bakeries in the region. Europe’s butter and margarine market account for 40.3%share of the total global market. Europe is the second largest consumer of butter and margarine.

The increasing disposable income of consumers, especially in developing countries is responsible for the surge in demand for butter and margarine in the region. Also, the high spending power of consumers on food and beverage and the presence of a large number of player in the region is fueling the growth of the global butter and margarine market. For Instance, The Dutch Royal FrieslandCampina N.V., announced the acquisition of US based importer and distributor Jana Foods. The acquisition will further strengthen FrieslandCampina’s position in supplying Dutch specialty cheese to the US consumer.

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Will the Asia Pacific emerge as an Attractive Butter and Margarine Market?

Growing Popularity of Baking Goods in The Region Boost the Butter and Margarine Market in The Coming Years.

The Asia Pacific is anticipated to exhibit a significant growth rate in the butter and margarine market over the forecast period. The Asia Pacific will witness remarkable growth in the butter and margarine market over the foreseeable period with India and China acting as drivers. Individuals in China and India are expected to increase the demand for food products processed from butter and margarine due to the rise in per capita income.

The growing popularity of baked goods among the consumers in the region boost the growth of the market in the coming years. Changing lifestyle, increasing working women and increasing consumption of ready-to-eat food products in urban areas is pushing the market for food processing products ultimately the market for butter and margarine.

Startup Scenario

Gagar Foods Pvt. Ltd, Dynamic food products, Everlikefood, Shreeji Food Products, butterballfarm, and Meena Food Products are some of the start–up companies operating in the butter and margarine market.

  • Shreeji Food Products - is a leading Manufacturer and Trader of a wide range of Table Margarine, Fruit Jam, etc. Situated in Ahmedabad, also have constructed a wide and well-functional infrastructural unit that plays an important role in the growing company.

Market Competition

Some of the key participants present in the global butter and margarine market include Arla Foods, Farmers Cooperative Creamery, Deam Foods Company, OJSC Creative Group, Kraft Foods, AMUL India, and Friesland Campina among others.

Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as Arla Foods, Farmers Cooperative Creamery, and Deam Foods Company account for considerable market size, several regional level players are also operating across key growth regions, particularly in the Asia Pacific.

  • In March 2020 –Arla introduced new plant-based products. The company is ready with three oat drinks introduced under the new brand, JÖR?, that is now on its way to European consumers to meet their demand. Arla has leveraged its knowledge and expertise within food to develop the category with new and exciting flavors. And in the future, JÖR? will be the umbrella brand for an entire selection of plant-based food products.
  • In July 2022 – HEINZ announces the new HEINZ 57 Collection - a line of elevated sauces and spreads designed to add magic to the culinary experience, one spoonful, drizzle, or spread anywhere, anytime.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 6.6% from 2022 to 2032

Expected Market Value (2022)

US$ 4,285.4 Million

Anticipated Forecast Value (2032)

US$ 8,135.4 Million

Base Year for Estimation

2021

Historical Data

2016-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in US$ Million and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Usage
  • Type
  • Distribution Channel
  • Region

Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Mexico
  • Brazil
  • Germany
  • Italy
  • France
  • U.K
  • Spain
  • China
  • Japan
  • South Korea
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • Turkey
  • GCC
  • South Africa
  • Israel

Key Companies Profiled

  • Arla Foods
  • Farmers’ Cooperative Creamery
  • Deam Foods Company
  • OJSC Creative Group
  • Kraft Foods
  • AMUL India
  • Friesland Campina
  • BRF
  • NMGK Group
  • NamChow
  • Groupo Lala

Customization

Available Upon Request

Key Segments Profiled in the Butter and Margarine Industry Survey

Butter and Margarine Market by Type:

  • Traditional Butter and Margarine
  • Liquid Butter and Margarine
  • Other Butter and Margarine Types

Butter and Margarine Market by Usage:

  • Spreadable Butter and Margarine
  • Non-spreadable Butter and Margarine

Butter and Margarine Market by Distribution Channel:

  • Butter and Margarine Sales via Retail Channels
  • Butter and Margarine Sales via Industrial Channels
  • Butter and Margarine Sales via Food Service Channels

Butter and Margarine Market by Region:

  • North America Butter and Margarine Market
  • Latin America Butter and Margarine Market
  • Europe Butter and Margarine Market
  • Asia Pacific Butter and Margarine Market
  • Middle East and Africa Butter and Margarine Market

Frequently Asked Questions

FMI projects the global butter and margarine market to expand at a 6.6% value CAGR by 2032

North America is expected to be the most opportunistic with a 33.8% share of the total butter and margarine market

Arla Foods, Farmers Cooperative Creamery, and Deam Foods Company are some prominent butter and margarine market manufacturers.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Butter and Margarine Market Analysis 2016-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2016-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Butter and Margarine Market Analysis 2016-2021 and Forecast 2022-2032, By Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Type, 2016-2021

    5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Type, 2022-2032

        5.3.1. Traditional Margarine

        5.3.2. Liquid Margarine

        5.3.3. Other

    5.4. Y-o-Y Growth Trend Analysis By Type, 2016-2021

    5.5. Absolute $ Opportunity Analysis By Type, 2022-2032

6. Global Butter and Margarine Market Analysis 2016-2021 and Forecast 2022-2032, By Usage

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Usage, 2016-2021

    6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Usage, 2022-2032

        6.3.1. Spreadable

        6.3.2. Non-Spreadable

    6.4. Y-o-Y Growth Trend Analysis By Usage, 2016-2021

    6.5. Absolute $ Opportunity Analysis By Usage, 2022-2032

7. Global Butter and Margarine Market Analysis 2016-2021 and Forecast 2022-2032, By Distribution Channel

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Distribution Channel, 2016-2021

    7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Distribution Channel, 2022-2032

        7.3.1. Retail

        7.3.2. Industrial

        7.3.3. Food Service

    7.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2016-2021

    7.5. Absolute $ Opportunity Analysis By Distribution Channel, 2022-2032

8. Global Butter and Margarine Market Analysis 2016-2021 and Forecast 2022-2032, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2016-2021

    8.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. Asia Pacific

        8.3.5. MEA

    8.4. Market Attractiveness Analysis By Region

9. North America Butter and Margarine Market Analysis 2016-2021 and Forecast 2022-2032, By Country

    9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016-2021

    9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        9.2.1. By Country

            9.2.1.1. U.S.

            9.2.1.2. Canada

        9.2.2. By Type

        9.2.3. By Usage

        9.2.4. By Distribution Channel

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Type

        9.3.3. By Usage

        9.3.4. By Distribution Channel

    9.4. Key Takeaways

10. Latin America Butter and Margarine Market Analysis 2016-2021 and Forecast 2022-2032, By Country

    10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016-2021

    10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        10.2.1. By Country

            10.2.1.1. Brazil

            10.2.1.2. Mexico

            10.2.1.3. Rest of Latin America

        10.2.2. By Type

        10.2.3. By Usage

        10.2.4. By Distribution Channel

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Type

        10.3.3. By Usage

        10.3.4. By Distribution Channel

    10.4. Key Takeaways

11. Europe Butter and Margarine Market Analysis 2016-2021 and Forecast 2022-2032, By Country

    11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016-2021

    11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. U.K.

            11.2.1.3. France

            11.2.1.4. Spain

            11.2.1.5. Italy

            11.2.1.6. Rest of Europe

        11.2.2. By Type

        11.2.3. By Usage

        11.2.4. By Distribution Channel

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Type

        11.3.3. By Usage

        11.3.4. By Distribution Channel

    11.4. Key Takeaways

12. Asia Pacific Butter and Margarine Market Analysis 2016-2021 and Forecast 2022-2032, By Country

    12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016-2021

    12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        12.2.1. By Country

            12.2.1.1. China

            12.2.1.2. Japan

            12.2.1.3. South Korea

            12.2.1.4. Malaysia

            12.2.1.5. Singapore

            12.2.1.6. Australia

            12.2.1.7. New Zealand

            12.2.1.8. Rest of APAC

        12.2.2. By Type

        12.2.3. By Usage

        12.2.4. By Distribution Channel

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Type

        12.3.3. By Usage

        12.3.4. By Distribution Channel

    12.4. Key Takeaways

13. MEA Butter and Margarine Market Analysis 2016-2021 and Forecast 2022-2032, By Country

    13.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016-2021

    13.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        13.2.1. By Country

            13.2.1.1. GCC Countries

            13.2.1.2. South Africa

            13.2.1.3. Israel

            13.2.1.4. Rest of MEA

        13.2.2. By Type

        13.2.3. By Usage

        13.2.4. By Distribution Channel

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Type

        13.3.3. By Usage

        13.3.4. By Distribution Channel

    13.4. Key Takeaways

14. Key Countries Butter and Margarine Market Analysis

    14.1. U.S.

        14.1.1. Pricing Analysis

        14.1.2. Market Share Analysis, 2021

            14.1.2.1. By Type

            14.1.2.2. By Usage

            14.1.2.3. By Distribution Channel

    14.2. Canada

        14.2.1. Pricing Analysis

        14.2.2. Market Share Analysis, 2021

            14.2.2.1. By Type

            14.2.2.2. By Usage

            14.2.2.3. By Distribution Channel

    14.3. Brazil

        14.3.1. Pricing Analysis

        14.3.2. Market Share Analysis, 2021

            14.3.2.1. By Type

            14.3.2.2. By Usage

            14.3.2.3. By Distribution Channel

    14.4. Mexico

        14.4.1. Pricing Analysis

        14.4.2. Market Share Analysis, 2021

            14.4.2.1. By Type

            14.4.2.2. By Usage

            14.4.2.3. By Distribution Channel

    14.5. Germany

        14.5.1. Pricing Analysis

        14.5.2. Market Share Analysis, 2021

            14.5.2.1. By Type

            14.5.2.2. By Usage

            14.5.2.3. By Distribution Channel

    14.6. U.K.

        14.6.1. Pricing Analysis

        14.6.2. Market Share Analysis, 2021

            14.6.2.1. By Type

            14.6.2.2. By Usage

            14.6.2.3. By Distribution Channel

    14.7. France

        14.7.1. Pricing Analysis

        14.7.2. Market Share Analysis, 2021

            14.7.2.1. By Type

            14.7.2.2. By Usage

            14.7.2.3. By Distribution Channel

    14.8. Spain

        14.8.1. Pricing Analysis

        14.8.2. Market Share Analysis, 2021

            14.8.2.1. By Type

            14.8.2.2. By Usage

            14.8.2.3. By Distribution Channel

    14.9. Italy

        14.9.1. Pricing Analysis

        14.9.2. Market Share Analysis, 2021

            14.9.2.1. By Type

            14.9.2.2. By Usage

            14.9.2.3. By Distribution Channel

    14.10. China

        14.10.1. Pricing Analysis

        14.10.2. Market Share Analysis, 2021

            14.10.2.1. By Type

            14.10.2.2. By Usage

            14.10.2.3. By Distribution Channel

    14.11. Japan

        14.11.1. Pricing Analysis

        14.11.2. Market Share Analysis, 2021

            14.11.2.1. By Type

            14.11.2.2. By Usage

            14.11.2.3. By Distribution Channel

    14.12. South Korea

        14.12.1. Pricing Analysis

        14.12.2. Market Share Analysis, 2021

            14.12.2.1. By Type

            14.12.2.2. By Usage

            14.12.2.3. By Distribution Channel

    14.13. Malaysia

        14.13.1. Pricing Analysis

        14.13.2. Market Share Analysis, 2021

            14.13.2.1. By Type

            14.13.2.2. By Usage

            14.13.2.3. By Distribution Channel

    14.14. Singapore

        14.14.1. Pricing Analysis

        14.14.2. Market Share Analysis, 2021

            14.14.2.1. By Type

            14.14.2.2. By Usage

            14.14.2.3. By Distribution Channel

    14.15. Australia

        14.15.1. Pricing Analysis

        14.15.2. Market Share Analysis, 2021

            14.15.2.1. By Type

            14.15.2.2. By Usage

            14.15.2.3. By Distribution Channel

    14.16. New Zealand

        14.16.1. Pricing Analysis

        14.16.2. Market Share Analysis, 2021

            14.16.2.1. By Type

            14.16.2.2. By Usage

            14.16.2.3. By Distribution Channel

    14.17. GCC Countries

        14.17.1. Pricing Analysis

        14.17.2. Market Share Analysis, 2021

            14.17.2.1. By Type

            14.17.2.2. By Usage

            14.17.2.3. By Distribution Channel

    14.18. South Africa

        14.18.1. Pricing Analysis

        14.18.2. Market Share Analysis, 2021

            14.18.2.1. By Type

            14.18.2.2. By Usage

            14.18.2.3. By Distribution Channel

    14.19. Israel

        14.19.1. Pricing Analysis

        14.19.2. Market Share Analysis, 2021

            14.19.2.1. By Type

            14.19.2.2. By Usage

            14.19.2.3. By Distribution Channel

15. Market Structure Analysis

    15.1. Competition Dashboard

    15.2. Competition Benchmarking

    15.3. Market Share Analysis of Top Players

        15.3.1. By Regional

        15.3.2. By Type

        15.3.3. By Usage

        15.3.4. By Distribution Channel

16. Competition Analysis

    16.1. Competition Deep Dive

        16.1.1. Arla Foods

            16.1.1.1. Overview

            16.1.1.2. Product Portfolio

            16.1.1.3. Profitability by Market Segments

            16.1.1.4. Sales Footprint

            16.1.1.5. Strategy Overview

                16.1.1.5.1. Marketing Strategy

                16.1.1.5.2. Product Strategy

                16.1.1.5.3. Channel Strategy

        16.1.2. Farmers’ Cooperative Creamery

            16.1.2.1. Overview

            16.1.2.2. Product Portfolio

            16.1.2.3. Profitability by Market Segments

            16.1.2.4. Sales Footprint

            16.1.2.5. Strategy Overview

                16.1.2.5.1. Marketing Strategy

                16.1.2.5.2. Product Strategy

                16.1.2.5.3. Channel Strategy

        16.1.3. Deam Foods Company

            16.1.3.1. Overview

            16.1.3.2. Product Portfolio

            16.1.3.3. Profitability by Market Segments

            16.1.3.4. Sales Footprint

            16.1.3.5. Strategy Overview

                16.1.3.5.1. Marketing Strategy

                16.1.3.5.2. Product Strategy

                16.1.3.5.3. Channel Strategy

        16.1.4. OJSC Creative Group

            16.1.4.1. Overview

            16.1.4.2. Product Portfolio

            16.1.4.3. Profitability by Market Segments

            16.1.4.4. Sales Footprint

            16.1.4.5. Strategy Overview

                16.1.4.5.1. Marketing Strategy

                16.1.4.5.2. Product Strategy

                16.1.4.5.3. Channel Strategy

        16.1.5. Kraft Foods

            16.1.5.1. Overview

            16.1.5.2. Product Portfolio

            16.1.5.3. Profitability by Market Segments

            16.1.5.4. Sales Footprint

            16.1.5.5. Strategy Overview

                16.1.5.5.1. Marketing Strategy

                16.1.5.5.2. Product Strategy

                16.1.5.5.3. Channel Strategy

        16.1.6. AMUL India

            16.1.6.1. Overview

            16.1.6.2. Product Portfolio

            16.1.6.3. Profitability by Market Segments

            16.1.6.4. Sales Footprint

            16.1.6.5. Strategy Overview

                16.1.6.5.1. Marketing Strategy

                16.1.6.5.2. Product Strategy

                16.1.6.5.3. Channel Strategy

        16.1.7. Friesland Campina.

            16.1.7.1. Overview

            16.1.7.2. Product Portfolio

            16.1.7.3. Profitability by Market Segments

            16.1.7.4. Sales Footprint

            16.1.7.5. Strategy Overview

                16.1.7.5.1. Marketing Strategy

                16.1.7.5.2. Product Strategy

                16.1.7.5.3. Channel Strategy

        16.1.8. BRF

            16.1.8.1. Overview

            16.1.8.2. Product Portfolio

            16.1.8.3. Profitability by Market Segments

            16.1.8.4. Sales Footprint

            16.1.8.5. Strategy Overview

                16.1.8.5.1. Marketing Strategy

                16.1.8.5.2. Product Strategy

                16.1.8.5.3. Channel Strategy

        16.1.9. NMGK Group

            16.1.9.1. Overview

            16.1.9.2. Product Portfolio

            16.1.9.3. Profitability by Market Segments

            16.1.9.4. Sales Footprint

            16.1.9.5. Strategy Overview

                16.1.9.5.1. Marketing Strategy

                16.1.9.5.2. Product Strategy

                16.1.9.5.3. Channel Strategy

        16.1.10. NamChow

            16.1.10.1. Overview

            16.1.10.2. Product Portfolio

            16.1.10.3. Profitability by Market Segments

            16.1.10.4. Sales Footprint

            16.1.10.5. Strategy Overview

                16.1.10.5.1. Marketing Strategy

                16.1.10.5.2. Product Strategy

                16.1.10.5.3. Channel Strategy

        16.1.11. Grupo Lala

            16.1.11.1. Overview

            16.1.11.2. Product Portfolio

            16.1.11.3. Profitability by Market Segments

            16.1.11.4. Sales Footprint

            16.1.11.5. Strategy Overview

                16.1.11.5.1. Marketing Strategy

                16.1.11.5.2. Product Strategy

                16.1.11.5.3. Channel Strategy

17. Assumptions & Acronyms Used

18. Research Methodology

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List of Tables

Table 1: Global Butter and Margarine Market Value (US$ Mn) Forecast by Region, 2016-2032

Table 2: Global Butter and Margarine Market Volume (Tons) Forecast by Region, 2016-2032

Table 3: Global Butter and Margarine Market Value (US$ Mn) Forecast by Type, 2016-2032

Table 4: Global Butter and Margarine Market Volume (Tons) Forecast by Type, 2016-2032

Table 5: Global Butter and Margarine Market Value (US$ Mn) Forecast by Usage, 2016-2032

Table 6: Global Butter and Margarine Market Volume (Tons) Forecast by Usage, 2016-2032

Table 7: Global Butter and Margarine Market Value (US$ Mn) Forecast by Distribution Channel, 2016-2032

Table 8: Global Butter and Margarine Market Volume (Tons) Forecast by Distribution Channel, 2016-2032

Table 9: North America Butter and Margarine Market Value (US$ Mn) Forecast by Country, 2016-2032

Table 10: North America Butter and Margarine Market Volume (Tons) Forecast by Country, 2016-2032

Table 11: North America Butter and Margarine Market Value (US$ Mn) Forecast by Type, 2016-2032

Table 12: North America Butter and Margarine Market Volume (Tons) Forecast by Type, 2016-2032

Table 13: North America Butter and Margarine Market Value (US$ Mn) Forecast by Usage, 2016-2032

Table 14: North America Butter and Margarine Market Volume (Tons) Forecast by Usage, 2016-2032

Table 15: North America Butter and Margarine Market Value (US$ Mn) Forecast by Distribution Channel, 2016-2032

Table 16: North America Butter and Margarine Market Volume (Tons) Forecast by Distribution Channel, 2016-2032

Table 17: Latin America Butter and Margarine Market Value (US$ Mn) Forecast by Country, 2016-2032

Table 18: Latin America Butter and Margarine Market Volume (Tons) Forecast by Country, 2016-2032

Table 19: Latin America Butter and Margarine Market Value (US$ Mn) Forecast by Type, 2016-2032

Table 20: Latin America Butter and Margarine Market Volume (Tons) Forecast by Type, 2016-2032

Table 21: Latin America Butter and Margarine Market Value (US$ Mn) Forecast by Usage, 2016-2032

Table 22: Latin America Butter and Margarine Market Volume (Tons) Forecast by Usage, 2016-2032

Table 23: Latin America Butter and Margarine Market Value (US$ Mn) Forecast by Distribution Channel, 2016-2032

Table 24: Latin America Butter and Margarine Market Volume (Tons) Forecast by Distribution Channel, 2016-2032

Table 25: Europe Butter and Margarine Market Value (US$ Mn) Forecast by Country, 2016-2032

Table 26: Europe Butter and Margarine Market Volume (Tons) Forecast by Country, 2016-2032

Table 27: Europe Butter and Margarine Market Value (US$ Mn) Forecast by Type, 2016-2032

Table 28: Europe Butter and Margarine Market Volume (Tons) Forecast by Type, 2016-2032

Table 29: Europe Butter and Margarine Market Value (US$ Mn) Forecast by Usage, 2016-2032

Table 30: Europe Butter and Margarine Market Volume (Tons) Forecast by Usage, 2016-2032

Table 31: Europe Butter and Margarine Market Value (US$ Mn) Forecast by Distribution Channel, 2016-2032

Table 32: Europe Butter and Margarine Market Volume (Tons) Forecast by Distribution Channel, 2016-2032

Table 33: Asia Pacific Butter and Margarine Market Value (US$ Mn) Forecast by Country, 2016-2032

Table 34: Asia Pacific Butter and Margarine Market Volume (Tons) Forecast by Country, 2016-2032

Table 35: Asia Pacific Butter and Margarine Market Value (US$ Mn) Forecast by Type, 2016-2032

Table 36: Asia Pacific Butter and Margarine Market Volume (Tons) Forecast by Type, 2016-2032

Table 37: Asia Pacific Butter and Margarine Market Value (US$ Mn) Forecast by Usage, 2016-2032

Table 38: Asia Pacific Butter and Margarine Market Volume (Tons) Forecast by Usage, 2016-2032

Table 39: Asia Pacific Butter and Margarine Market Value (US$ Mn) Forecast by Distribution Channel, 2016-2032

Table 40: Asia Pacific Butter and Margarine Market Volume (Tons) Forecast by Distribution Channel, 2016-2032

Table 41: MEA Butter and Margarine Market Value (US$ Mn) Forecast by Country, 2016-2032

Table 42: MEA Butter and Margarine Market Volume (Tons) Forecast by Country, 2016-2032

Table 43: MEA Butter and Margarine Market Value (US$ Mn) Forecast by Type, 2016-2032

Table 44: MEA Butter and Margarine Market Volume (Tons) Forecast by Type, 2016-2032

Table 45: MEA Butter and Margarine Market Value (US$ Mn) Forecast by Usage, 2016-2032

Table 46: MEA Butter and Margarine Market Volume (Tons) Forecast by Usage, 2016-2032

Table 47: MEA Butter and Margarine Market Value (US$ Mn) Forecast by Distribution Channel, 2016-2032

Table 48: MEA Butter and Margarine Market Volume (Tons) Forecast by Distribution Channel, 2016-2032

Nandini Roy Choudhury
Principal Consultant
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List of Charts

Figure 1: Global Butter and Margarine Market Value (US$ Mn) by Type, 2022-2032

Figure 2: Global Butter and Margarine Market Value (US$ Mn) by Usage, 2022-2032

Figure 3: Global Butter and Margarine Market Value (US$ Mn) by Distribution Channel, 2022-2032

Figure 4: Global Butter and Margarine Market Value (US$ Mn) by Region, 2022-2032

Figure 5: Global Butter and Margarine Market Value (US$ Mn) Analysis by Region, 2016-2032

Figure 6: Global Butter and Margarine Market Volume (Tons) Analysis by Region, 2016-2032

Figure 7: Global Butter and Margarine Market Value Share (%) and BPS Analysis by Region, 2022-2032

Figure 8: Global Butter and Margarine Market Y-o-Y Growth (%) Projections by Region, 2022-2032

Figure 9: Global Butter and Margarine Market Value (US$ Mn) Analysis by Type, 2016-2032

Figure 10: Global Butter and Margarine Market Volume (Tons) Analysis by Type, 2016-2032

Figure 11: Global Butter and Margarine Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 12: Global Butter and Margarine Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 13: Global Butter and Margarine Market Value (US$ Mn) Analysis by Usage, 2016-2032

Figure 14: Global Butter and Margarine Market Volume (Tons) Analysis by Usage, 2016-2032

Figure 15: Global Butter and Margarine Market Value Share (%) and BPS Analysis by Usage, 2022-2032

Figure 16: Global Butter and Margarine Market Y-o-Y Growth (%) Projections by Usage, 2022-2032

Figure 17: Global Butter and Margarine Market Value (US$ Mn) Analysis by Distribution Channel, 2016-2032

Figure 18: Global Butter and Margarine Market Volume (Tons) Analysis by Distribution Channel, 2016-2032

Figure 19: Global Butter and Margarine Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032

Figure 20: Global Butter and Margarine Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032

Figure 21: Global Butter and Margarine Market Attractiveness by Type, 2022-2032

Figure 22: Global Butter and Margarine Market Attractiveness by Usage, 2022-2032

Figure 23: Global Butter and Margarine Market Attractiveness by Distribution Channel, 2022-2032

Figure 24: Global Butter and Margarine Market Attractiveness by Region, 2022-2032

Figure 25: North America Butter and Margarine Market Value (US$ Mn) by Type, 2022-2032

Figure 26: North America Butter and Margarine Market Value (US$ Mn) by Usage, 2022-2032

Figure 27: North America Butter and Margarine Market Value (US$ Mn) by Distribution Channel, 2022-2032

Figure 28: North America Butter and Margarine Market Value (US$ Mn) by Country, 2022-2032

Figure 29: North America Butter and Margarine Market Value (US$ Mn) Analysis by Country, 2016-2032

Figure 30: North America Butter and Margarine Market Volume (Tons) Analysis by Country, 2016-2032

Figure 31: North America Butter and Margarine Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 32: North America Butter and Margarine Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 33: North America Butter and Margarine Market Value (US$ Mn) Analysis by Type, 2016-2032

Figure 34: North America Butter and Margarine Market Volume (Tons) Analysis by Type, 2016-2032

Figure 35: North America Butter and Margarine Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 36: North America Butter and Margarine Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 37: North America Butter and Margarine Market Value (US$ Mn) Analysis by Usage, 2016-2032

Figure 38: North America Butter and Margarine Market Volume (Tons) Analysis by Usage, 2016-2032

Figure 39: North America Butter and Margarine Market Value Share (%) and BPS Analysis by Usage, 2022-2032

Figure 40: North America Butter and Margarine Market Y-o-Y Growth (%) Projections by Usage, 2022-2032

Figure 41: North America Butter and Margarine Market Value (US$ Mn) Analysis by Distribution Channel, 2016-2032

Figure 42: North America Butter and Margarine Market Volume (Tons) Analysis by Distribution Channel, 2016-2032

Figure 43: North America Butter and Margarine Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032

Figure 44: North America Butter and Margarine Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032

Figure 45: North America Butter and Margarine Market Attractiveness by Type, 2022-2032

Figure 46: North America Butter and Margarine Market Attractiveness by Usage, 2022-2032

Figure 47: North America Butter and Margarine Market Attractiveness by Distribution Channel, 2022-2032

Figure 48: North America Butter and Margarine Market Attractiveness by Country, 2022-2032

Figure 49: Latin America Butter and Margarine Market Value (US$ Mn) by Type, 2022-2032

Figure 50: Latin America Butter and Margarine Market Value (US$ Mn) by Usage, 2022-2032

Figure 51: Latin America Butter and Margarine Market Value (US$ Mn) by Distribution Channel, 2022-2032

Figure 52: Latin America Butter and Margarine Market Value (US$ Mn) by Country, 2022-2032

Figure 53: Latin America Butter and Margarine Market Value (US$ Mn) Analysis by Country, 2016-2032

Figure 54: Latin America Butter and Margarine Market Volume (Tons) Analysis by Country, 2016-2032

Figure 55: Latin America Butter and Margarine Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 56: Latin America Butter and Margarine Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 57: Latin America Butter and Margarine Market Value (US$ Mn) Analysis by Type, 2016-2032

Figure 58: Latin America Butter and Margarine Market Volume (Tons) Analysis by Type, 2016-2032

Figure 59: Latin America Butter and Margarine Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 60: Latin America Butter and Margarine Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 61: Latin America Butter and Margarine Market Value (US$ Mn) Analysis by Usage, 2016-2032

Figure 62: Latin America Butter and Margarine Market Volume (Tons) Analysis by Usage, 2016-2032

Figure 63: Latin America Butter and Margarine Market Value Share (%) and BPS Analysis by Usage, 2022-2032

Figure 64: Latin America Butter and Margarine Market Y-o-Y Growth (%) Projections by Usage, 2022-2032

Figure 65: Latin America Butter and Margarine Market Value (US$ Mn) Analysis by Distribution Channel, 2016-2032

Figure 66: Latin America Butter and Margarine Market Volume (Tons) Analysis by Distribution Channel, 2016-2032

Figure 67: Latin America Butter and Margarine Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032

Figure 68: Latin America Butter and Margarine Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032

Figure 69: Latin America Butter and Margarine Market Attractiveness by Type, 2022-2032

Figure 70: Latin America Butter and Margarine Market Attractiveness by Usage, 2022-2032

Figure 71: Latin America Butter and Margarine Market Attractiveness by Distribution Channel, 2022-2032

Figure 72: Latin America Butter and Margarine Market Attractiveness by Country, 2022-2032

Figure 73: Europe Butter and Margarine Market Value (US$ Mn) by Type, 2022-2032

Figure 74: Europe Butter and Margarine Market Value (US$ Mn) by Usage, 2022-2032

Figure 75: Europe Butter and Margarine Market Value (US$ Mn) by Distribution Channel, 2022-2032

Figure 76: Europe Butter and Margarine Market Value (US$ Mn) by Country, 2022-2032

Figure 77: Europe Butter and Margarine Market Value (US$ Mn) Analysis by Country, 2016-2032

Figure 78: Europe Butter and Margarine Market Volume (Tons) Analysis by Country, 2016-2032

Figure 79: Europe Butter and Margarine Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 80: Europe Butter and Margarine Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 81: Europe Butter and Margarine Market Value (US$ Mn) Analysis by Type, 2016-2032

Figure 82: Europe Butter and Margarine Market Volume (Tons) Analysis by Type, 2016-2032

Figure 83: Europe Butter and Margarine Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 84: Europe Butter and Margarine Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 85: Europe Butter and Margarine Market Value (US$ Mn) Analysis by Usage, 2016-2032

Figure 86: Europe Butter and Margarine Market Volume (Tons) Analysis by Usage, 2016-2032

Figure 87: Europe Butter and Margarine Market Value Share (%) and BPS Analysis by Usage, 2022-2032

Figure 88: Europe Butter and Margarine Market Y-o-Y Growth (%) Projections by Usage, 2022-2032

Figure 89: Europe Butter and Margarine Market Value (US$ Mn) Analysis by Distribution Channel, 2016-2032

Figure 90: Europe Butter and Margarine Market Volume (Tons) Analysis by Distribution Channel, 2016-2032

Figure 91: Europe Butter and Margarine Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032

Figure 92: Europe Butter and Margarine Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032

Figure 93: Europe Butter and Margarine Market Attractiveness by Type, 2022-2032

Figure 94: Europe Butter and Margarine Market Attractiveness by Usage, 2022-2032

Figure 95: Europe Butter and Margarine Market Attractiveness by Distribution Channel, 2022-2032

Figure 96: Europe Butter and Margarine Market Attractiveness by Country, 2022-2032

Figure 97: Asia Pacific Butter and Margarine Market Value (US$ Mn) by Type, 2022-2032

Figure 98: Asia Pacific Butter and Margarine Market Value (US$ Mn) by Usage, 2022-2032

Figure 99: Asia Pacific Butter and Margarine Market Value (US$ Mn) by Distribution Channel, 2022-2032

Figure 100: Asia Pacific Butter and Margarine Market Value (US$ Mn) by Country, 2022-2032

Figure 101: Asia Pacific Butter and Margarine Market Value (US$ Mn) Analysis by Country, 2016-2032

Figure 102: Asia Pacific Butter and Margarine Market Volume (Tons) Analysis by Country, 2016-2032

Figure 103: Asia Pacific Butter and Margarine Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 104: Asia Pacific Butter and Margarine Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 105: Asia Pacific Butter and Margarine Market Value (US$ Mn) Analysis by Type, 2016-2032

Figure 106: Asia Pacific Butter and Margarine Market Volume (Tons) Analysis by Type, 2016-2032

Figure 107: Asia Pacific Butter and Margarine Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 108: Asia Pacific Butter and Margarine Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 109: Asia Pacific Butter and Margarine Market Value (US$ Mn) Analysis by Usage, 2016-2032

Figure 110: Asia Pacific Butter and Margarine Market Volume (Tons) Analysis by Usage, 2016-2032

Figure 111: Asia Pacific Butter and Margarine Market Value Share (%) and BPS Analysis by Usage, 2022-2032

Figure 112: Asia Pacific Butter and Margarine Market Y-o-Y Growth (%) Projections by Usage, 2022-2032

Figure 113: Asia Pacific Butter and Margarine Market Value (US$ Mn) Analysis by Distribution Channel, 2016-2032

Figure 114: Asia Pacific Butter and Margarine Market Volume (Tons) Analysis by Distribution Channel, 2016-2032

Figure 115: Asia Pacific Butter and Margarine Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032

Figure 116: Asia Pacific Butter and Margarine Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032

Figure 117: Asia Pacific Butter and Margarine Market Attractiveness by Type, 2022-2032

Figure 118: Asia Pacific Butter and Margarine Market Attractiveness by Usage, 2022-2032

Figure 119: Asia Pacific Butter and Margarine Market Attractiveness by Distribution Channel, 2022-2032

Figure 120: Asia Pacific Butter and Margarine Market Attractiveness by Country, 2022-2032

Figure 121: MEA Butter and Margarine Market Value (US$ Mn) by Type, 2022-2032

Figure 122: MEA Butter and Margarine Market Value (US$ Mn) by Usage, 2022-2032

Figure 123: MEA Butter and Margarine Market Value (US$ Mn) by Distribution Channel, 2022-2032

Figure 124: MEA Butter and Margarine Market Value (US$ Mn) by Country, 2022-2032

Figure 125: MEA Butter and Margarine Market Value (US$ Mn) Analysis by Country, 2016-2032

Figure 126: MEA Butter and Margarine Market Volume (Tons) Analysis by Country, 2016-2032

Figure 127: MEA Butter and Margarine Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 128: MEA Butter and Margarine Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 129: MEA Butter and Margarine Market Value (US$ Mn) Analysis by Type, 2016-2032

Figure 130: MEA Butter and Margarine Market Volume (Tons) Analysis by Type, 2016-2032

Figure 131: MEA Butter and Margarine Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 132: MEA Butter and Margarine Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 133: MEA Butter and Margarine Market Value (US$ Mn) Analysis by Usage, 2016-2032

Figure 134: MEA Butter and Margarine Market Volume (Tons) Analysis by Usage, 2016-2032

Figure 135: MEA Butter and Margarine Market Value Share (%) and BPS Analysis by Usage, 2022-2032

Figure 136: MEA Butter and Margarine Market Y-o-Y Growth (%) Projections by Usage, 2022-2032

Figure 137: MEA Butter and Margarine Market Value (US$ Mn) Analysis by Distribution Channel, 2016-2032

Figure 138: MEA Butter and Margarine Market Volume (Tons) Analysis by Distribution Channel, 2016-2032

Figure 139: MEA Butter and Margarine Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032

Figure 140: MEA Butter and Margarine Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032

Figure 141: MEA Butter and Margarine Market Attractiveness by Type, 2022-2032

Figure 142: MEA Butter and Margarine Market Attractiveness by Usage, 2022-2032

Figure 143: MEA Butter and Margarine Market Attractiveness by Distribution Channel, 2022-2032

Figure 144: MEA Butter and Margarine Market Attractiveness by Country, 2022-2032

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