This Reduced Fat Butter market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Reduced Fat Butter market.
Reduced Fat Butter Market Outlook
Reduced fat butter is manufactured by lowering its fat content to 40% or lower. It has a similar texture and taste characteristics to regular butter. It is available in both spreadable and non-spreadable form. It is often modified with reduced sodium content and is more palatable for consumers with bone disorders. The demand for reduced butter fat has grown due to the changing consumer lifestyles. Especially for the time-starved consumers, who find it hard maintaining an exercise regime, products like reduced fat butter are very useful. Many consumers are increasingly cutting down sodium and fats from their diets. The reduced fat butter market is also expected to grow over the forecast period due to the trend towards the consumption of modified butter blends.
The ‘Burn Fats’ Trend amongst Consumers Fuels the Growth for Reduced Fat Butter Market
The consumption of reduced fat butter helps in regulating the bad cholesterol in the diet, which acts as a precursor of cardiovascular diseases. Due to the growing incidence of obesity and cardiac-arrests across the globe, reduced fat butter has become a very sought after product. Texture and flavour profiles of reduced fat butter play an important role because there is a certain class of health-conscious consumers which do not compromise on the taste and flavour of food. Hence, reduced fat butter manufacturers have resorted to the product development of different forms in reduced fat butter such as the spreadable and non-spreadable formats, which can cater to the demands of a wider audience. Many fast-food chains are also promoting and increasingly featuring reduced fat butter on their menus, which has heightened the awareness amongst the consumers, further propelling the growth of the reduced fat butter market. In recent times, scientific consensus behind the food product claims have gained importance for attracting consumers and hence, positive reviews from the medical community such as The Dietary Guidelines Committee is also enabling the growth of the reduced fat butter market.
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The sales for reduced fat butter is growing at exorbitant rates in countries like U.K. Europe and North America and are expected to witness high growth over the forecast period. In fact, regular butter sales have slumped due to the outgrowth of the reduced fat butter market. In developing regions like Asia, the reduced fat butter market may face some barriers in market penetration due to high prices of reduced fat butter which only the high-end consumers can afford. Availability of reduced fat butter in the sales channel is also low, which hinders the market growth in this region. But some Asian countries house a large consumer base which are traditional butter-eaters and these countries such as India, Vietnam, and Malaysia demonstrate the highest market potential in the reduced fat butter market.
Reduced Fat Butter Market: Key Participants
Some of the market participants in the reduced fat butter market are:
- Palsgaard
- Agral S.A.
- Ornua Co-operative Limited
- Upfield
- Finlandia Cheese, Inc.
- Saputo Dairy Australia Pty Ltd.
The research report presents a comprehensive assessment of the reduced fat 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, application, and end use.
The report covers exhaustive analysis on:
- Reduced Fat Butter Market Segments
- Reduced Fat Butter Market Dynamics
- Reduced Fat Butter Market Size
- Reduced Fat Butter Supply and Demand
- Current Trends/Issues/Challenges pertaining to reduced fat butter market
- Competition Landscape and Emerging Market Participants in Reduced Fat Butter Market
- Technology related to Production/Processing of Reduced Fat Butter
- Value Chain Analysis of the Reduced Fat 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.
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Reduced Fat Butter Segmentation
The reduced fat butter market can be segmented on the basis of fat content, form, end use, packaging and sales channel.
On the basis of form, the reduced fat butter market is segmented into:
- Spreadable
- Non-spreadable
On the basis of fat content, the reduced fat butter market is segmented into:
- 15-40% fat content
- 41-60% fat content
On the basis of end use, the reduced fat butter market is segmented into:
- Household
- Foodservice
- Food Industry
On the basis of packaging, the reduced fat butter market is segmented into:
- Plastic Tubs
- Carton Packs
- Bulk
On the basis of sales channel, the reduced fat butter market is segmented into:
- Direct Sales (B2B)
- Indirect Sales (B2C)
- Hypermarkets/Supermarkets
- Convenience Stores
- Discount Stores
- Food & Drink Specialty Stores
- Online Retail
- Others
Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the reduced fat butter market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the reduced fat Butter market
- Competitive landscape of the reduced fat Butter market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on reduced fat butter market performance
- Must-have information for reduced fat butter market players to sustain and enhance their market footprint
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What will you discover from Reduced Fat Butter Market report?
- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Reduced Fat Butter Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Reduced Fat Butter Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Reduced Fat Butter Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)