Global Lactic Butter Market: Outlook
Lactic butter is butter made by fermenting milk with lactic acid and then churning it to give a tangy flavour and a low moisture content. Lactic butter is also called cultured butter or European-style butter. The minimum fat content in the lactic acid butter is 82%, which is preferred in the Europe for producing flakier pastries and fluffy cakes.Lactic butter is available in two variants – salted and unsalted.
Preference for unsalted lactic butter is higher than the salted variant as the demand for lactic butter is specifically in the foodservice industry except for Europe, where lactic butter is also used in household. The main application for lactic butter is in the bakery and confectionery products globally.
Emergent Foodservice Operators Specializing in Bakery Products, is Increasing Demand for Lactic Butter
Lactic butter has been popular in the European countries and is the preferred type of butter along with sweet cream butter for European pastries. Thus, the lactic butter sales has been dominating in Europe. However, a rise in foodservice operators specializing in bakery products has been observed in the past few years owing to the surging demand for European-style bakery products.
There has also been an increase in café culture in South Asia, East Asia and in the Middle East. This in turn has increased demand for lactic butter in these regions. U.S. and Canada prefer low fat butters in their products, which is less than 82%. Thus, foodservice operators in the North America region use less lactic butter in the recipe than the recommended amount.
Global Lactic Butter: Key Players
Some of the key market players in the lactic butter market are
- Interfood BV
- Numidia BV
- Milky Holland
- Foodcom S.A.
- Dale Farm Ltd.
- Lactalis American Group Inc.
- Fonterra Group
- Glanbia Ireland
- California Dairies Inc.
- Lakeland Dairies Co-op Society Ltd.
- Hoogwegt Group
- Société FIT
NIZO Butter Process developed by NIZO Food Research BV, is the process for manufacturing lactic butter which has been patented. This process is used by Société FIT and sells the lactic butter as NIZO butter.
Global Lactic Butter Market: Opportunities
The demand for lactic butter is increasing in South Asia and in Middle East where the café culture is rising at a high rate. Its availability is very less in these regions, which has pushed the consumer to find alternatives for lactic butter in their recipes.
The manufacturers are also concentrated in the European region with a few manufacturers based in North America. This offers the existing as well as emerging players white spaces in the lactic butter market.
The manufacturers should focus on reducing the fat content when launching the lactic butter in the retail market in North America region as high fat content could dissuade them buying lactic butter and prefer other butter available in low fat version. Also, spreads of lactic butter will be more preferred in the region for its retail consumers as topping will be the more preferable use.
The research report presents a comprehensive assessment of the lactic butter market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, form, application and sales channel.
The report covers exhaustive analysis on
- Lactic Butter Market Segment
- Lactic Butter Market Dynamics
- Lactic Butter Market Size
- Lactic Butter Supply and Demand
- Current Trends/Issues/Challenges pertaining to Lactic Butter Market
- Competition Landscape and Emerging Market Participants in Lactic Butter Market
- Technology related to Production/Processing of Lactic Butter
- Value Chain Analysis of the Lactic Butter Market
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Lactic Butter Market: Segmentation
By Product Type
- Salted Lactic Butter
- Unsalted Lactic Butter
- Bakery Products
- Dairy Products
- Sauces and Soups
- RTE Food
- Meat Products
By Sales Channel
- B2B/Direct Sales
- B2C/Indirect Sales
- Warehouse Stores
- Convenience Stores
- Independent Grocery Retailers
- Online Retail
- Other Retail Formats