Global Clarified Butter Market Size Study, by Product (Conventional, Flavored), by Application (B2B, B2C), by Distribution Channel (Online, Offline), and Regional Forecasts 2022-2032

PUBLISHED: January 11, 2025

PAGES: 285 Pages

DELIVERY TIME: 2-3 business days

ADD TO COMPARE

SELECT AN OPTION

Description

Global Clarified Butter Market is valued at USD 2.51 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2024-2032. Clarified butter, commonly known as "ghee" in many regions, is becoming a versatile and preferred cooking ingredient worldwide. Distinguished by its unique yellow texture and high smoke point, clarified butter offers a rich flavor that enhances cooking efficiency and quality. Its popularity stems from its numerous health benefits, including improved heart and digestive health, enhanced immunity, and suitability for lactose-intolerant individuals due to its negligible casein and lactose content.

Increasing consumer inclination towards nutritious and innovation-driven food products drives the growth of the clarified butter market. The conventional clarified butter segment dominates the market, as it remains a staple in traditional culinary practices across the globe. Meanwhile, the flavored clarified butter segment is rapidly gaining traction, driven by young consumers seeking unique, innovative products infused with flavors such as garlic, herbs, and vanilla.

The B2C segment holds the largest share, attributed to household consumers using clarified butter for sauteing, baking, seasoning, and frying. On the other hand, the B2B segment is projected to grow at the highest CAGR due to increasing adoption by commercial entities such as bakeries, restaurants, and confectioneries, leveraging clarified butter's ability to enhance taste, aroma, and presentation.

Asia Pacific dominates the market with a revenue share of 43% in 2024, driven by its traditional use of clarified butter in cooking across diverse cuisines in countries such as India and China. North America and Europe follow, fueled by rising consumer awareness of clarified butter's health benefits and growing adoption in diverse culinary applications.

The clarified butter market is highly competitive, with major players focusing on portfolio diversification, strategic collaborations, and geographic expansion. Key companies include Amul (GCMMF), Nestle, Britannia Industries, and Patanjali Ayurved Limited. These players are leveraging digital platforms and quick commerce to improve accessibility and enhance customer engagement.

Major market players included in this report are:

Amul (GCMMF)
Nestle
Britannia Industries
Patanjali Ayurved Limited
Haryana Dairy Development Cooperative Federation Limited
Pure Indian Foods
Ancient Organics
GHEE EASY
Almarai
Annapurnagroup and M/s Sundarbans Food Products (I) Pvt. Ltd.

The detailed segments and sub-segment of the market are explained below:

By Product

Conventional
Flavored

By Application

By Distribution Channel

Online
Offline

By Region

North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Asia Pacific
India
Japan
China
Australia & New Zealand
Latin America
Brazil
Argentina
Middle East
Saudi Arabia
South Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Clarified Butter Market Executive Summary

1.1. Global Clarified Butter Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Application
- 1.3.3. By Distribution Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Clarified Butter Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Clarified Butter Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing demand for innovation-driven food products
- 3.1.2. Increasing health awareness among consumers
- 3.1.3. Expanding quick commerce platforms for distribution
3.2. Market Challenges
- 3.2.1. High costs of premium clarified butter products
- 3.2.2. Regulatory complexities in different regions
3.3. Market Opportunities
- 3.3.1. Expanding use of flavored clarified butter
- 3.3.2. Growing adoption in the quick-service restaurant industry

Chapter 4. Global Clarified Butter Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Clarified Butter Market Size & Forecast by Product (2022-2032)

5.1. Segment Dashboard
5.2. Global Clarified Butter Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Conventional
- 5.2.2. Flavored

Chapter 6. Global Clarified Butter Market Size & Forecast by Application (2022-2032)

6.1. Segment Dashboard
6.2. Global Clarified Butter Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. B2B
- 6.2.2. B2C

Chapter 7. Global Clarified Butter Market Size & Forecast by Distribution Channel (2022-2032)

7.1. Segment Dashboard
7.2. Global Clarified Butter Market: Distribution Channel Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Online
- 7.2.2. Offline

Chapter 8. Global Clarified Butter Market Size & Forecast by Region (2022-2032)

8.1. North America Clarified Butter Market
- 8.1.1. U.S. Clarified Butter Market
  - 8.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Application breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Clarified Butter Market
- 8.1.3. Mexico Clarified Butter Market
8.2. Europe Clarified Butter Market
- 8.2.1. U.K. Clarified Butter Market
- 8.2.2. France Clarified Butter Market
- 8.2.3. Germany Clarified Butter Market
- 8.2.4. Italy Clarified Butter Market
- 8.2.5. Spain Clarified Butter Market
- 8.2.6. Rest of Europe Clarified Butter Market
8.3. Asia Pacific Clarified Butter Market
- 8.3.1. India Clarified Butter Market
- 8.3.2. Japan Clarified Butter Market
- 8.3.3. China Clarified Butter Market
- 8.3.4. Australia & New Zealand Clarified Butter Market
- 8.3.5. Rest of Asia Pacific Clarified Butter Market
8.4. Latin America Clarified Butter Market
- 8.4.1. Brazil Clarified Butter Market
- 8.4.2. Argentina Clarified Butter Market
- 8.4.3. Rest of Latin America Clarified Butter Market
8.5. Middle East Clarified Butter Market
- 8.5.1. Saudi Arabia Clarified Butter Market
- 8.5.2. South Africa Clarified Butter Market
- 8.5.3. Rest of Middle East Clarified Butter Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Amul (GCMMF)
- 9.1.2. Nestle
- 9.1.3. Britannia Industries
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Amul (GCMMF)
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Nestle
- 9.3.3. Britannia Industries

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes