Butter Blocks Global Market Report 2024

Description

Butter blocks are large, rectangular slabs of butter primarily used in professional baking and cooking settings. They are commonly found in commercial kitchens, bakeries, and restaurants due to their convenient size and shape, which facilitate bulk usage.

The main types of butter blocks include salted, unsalted, and other varieties. Salted butter blocks contain added salt, typically around 1/4 teaspoon per 4 oz of butter. The salt not only enhances the butter's natural flavors but also serves as a preservative, prolonging its shelf life. These products are distributed through supermarkets, hypermarkets, convenience stores, online retailers, and departmental stores. They find application in various culinary uses such as baking, cooking, spreading, and enhancing flavors.

The butter blocks market research report is one of a series of new reports from The Business Research Company that provides butter blocks market statistics, including butter blocks industry global market size, regional shares, competitors with a butter blocks market share, detailed butter blocks market segments, market trends, and opportunities, and any further data you may need to thrive in the butter blocks industry. This butter blocks research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The butter blocks market size has grown steadily in recent years. It will grow from $31.23 billion in 2023 to $32.73 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth observed in the historic period can be attributed to several factors, increasing consumer awareness of natural products, rising disposable incomes, growth in dairy production, expansion of global trade, and increased consumer spending on food products.

The butter blocks market size is expected to see strong growth in the next few years. It will grow to $39.99 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. In the forecast period, growth can be attributed to several factors, increasing awareness of the health benefits of dairy products, rising demand for organic options, growing consumer preference for high-quality dairy items, increasing demand for versatile food products, and the rising popularity of home baking. Major trends expected in this period include advancements in technology, the proliferation of natural and organic offerings, innovations in sustainable packaging, diversification in flavors and ingredients, and the emergence of artisanal dairy products.

The butter blocks market is poised for growth due to rising demand for bakery products. Bakery products encompass a wide variety of items made and sold by bakeries. This demand is driven by efforts to enhance customer satisfaction, increasing interest in healthier options, and the diversification of product ranges. Butter blocks play a crucial role in bakery operations, used to create laminated doughs for pastries such as croissants and puff pastries, enrich doughs for items such as brioche and cookies, and improve the flavor and texture of pie crusts, tarts, and savory pastries.

Leading companies in the butter blocks market are actively innovating by introducing new products, such as sweet cream butter varieties, to strengthen their market positions. Sweet cream butter, made from fresh cream without fermentation, offers a mild, smooth flavor that is versatile for cooking, baking, and spreading. For instance, Land O'Lakes Inc. launched butter balls for cooking in June 2022. These pre-measured balls simplify cooking tasks, ensuring consistent results with Land O' Lakes' signature rich flavor and creamy texture, enhancing the overall cooking experience.

In March 2024, Lakeland Dairies Co-op Society Ltd. expanded its presence in the European butterfat sector through the acquisition of De Brandt Dairy International NV, a Belgium-based company specializing in butter and butter oil products. This strategic move aims to bolster Lakeland's product offerings, increase operational capabilities, and potentially access new distribution channels and markets.

Major companies operating in the butter blocks market are Danone S.A., Lactalis Group, Fonterra Co-operative Group Limited, Royal FrieslandCampina, Saputo Inc., Arla Foods amba, Kerry Group, Agropur Cooperative, Dairy Farmers of America, Land O'Lakes Inc., Glanbia PLC, Schreiber Foods Inc., Emmi AG, Megmilk Snow Brand Co. Ltd., DMK Group, Ornua Co-operative Ltd., Associated Milk Producers Inc., California Dairies Inc., Grassland Dairy Products Inc., Anand Milk Union Limited, Eurial, Dairy Crest

Asia-Pacific was the largest region in the butter blocks market in 2023. The regions covered in the butter blocks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the butter blocks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The butter blocks market consists of sales of sweet cream butter blocks, fermented butter blocks, grass-fed butter blocks, and infused butter blocks. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Butter Blocks Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on butter blocks market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for butter blocks ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The butter blocks market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Salted; Unsalted; Other Types
2) By Distribution Channel: Supermarkets And Hypermarkets; Convenience Stores; Online Stores; Departmental Stores
3) By Application: Baking; Cooking; Spreading; Flavoring
Companies Mentioned: Danone S.A.; Lactalis Group; Fonterra Co-operative Group Limited; Royal FrieslandCampina; Saputo Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r19077

1. Executive Summary

2. Butter Blocks Market Characteristics

3. Butter Blocks Market Trends And Strategies

4. Butter Blocks Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Butter Blocks Market Size and Growth

5.1. Global Butter Blocks Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Butter Blocks Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Butter Blocks Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Butter Blocks Market Segmentation

6.1. Global Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Salted
Unsalted
Other Types
6.2. Global Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Supermarkets And Hypermarkets
Convenience Stores
Online Stores
Departmental Stores
6.3. Global Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Baking
Cooking
Spreading
Flavoring

7. Butter Blocks Market Regional And Country Analysis

7.1. Global Butter Blocks Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Butter Blocks Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Butter Blocks Market

8.1. Asia-Pacific Butter Blocks Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Butter Blocks Market

9.1. China Butter Blocks Market Overview
9.2. China Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Butter Blocks Market

10.1. India Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Butter Blocks Market

11.1. Japan Butter Blocks Market Overview
11.2. Japan Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Butter Blocks Market

12.1. Australia Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Butter Blocks Market

13.1. Indonesia Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Butter Blocks Market

14.1. South Korea Butter Blocks Market Overview
14.2. South Korea Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Butter Blocks Market

15.1. Western Europe Butter Blocks Market Overview
15.2. Western Europe Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Butter Blocks Market

16.1. UK Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Butter Blocks Market

17.1. Germany Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Butter Blocks Market

18.1. France Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Butter Blocks Market

19.1. Italy Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Butter Blocks Market

20.1. Spain Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Butter Blocks Market

21.1. Eastern Europe Butter Blocks Market Overview
21.2. Eastern Europe Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Butter Blocks Market

22.1. Russia Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Butter Blocks Market

23.1. North America Butter Blocks Market Overview
23.2. North America Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Butter Blocks Market

24.1. USA Butter Blocks Market Overview
24.2. USA Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Butter Blocks Market

25.1. Canada Butter Blocks Market Overview
25.2. Canada Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Butter Blocks Market

26.1. South America Butter Blocks Market Overview
26.2. South America Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Butter Blocks Market

27.1. Brazil Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Butter Blocks Market

28.1. Middle East Butter Blocks Market Overview
28.2. Middle East Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Butter Blocks Market

29.1. Africa Butter Blocks Market Overview
29.2. Africa Butter Blocks Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Butter Blocks Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Butter Blocks Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Butter Blocks Market Competitive Landscape And Company Profiles

30.1. Butter Blocks Market Competitive Landscape
30.2. Butter Blocks Market Company Profiles
- 30.2.1. Danone S.A.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Lactalis Group
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Fonterra Co-operative Group Limited
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Royal FrieslandCampina
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Saputo Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Butter Blocks Market Other Major And Innovative Companies

31.1. Arla Foods amba
31.2. Kerry Group
31.3. Agropur Cooperative
31.4. Dairy Farmers of America
31.5. Land O'Lakes Inc.
31.6. Glanbia PLC
31.7. Schreiber Foods Inc.
31.8. Emmi AG
31.9. Megmilk Snow Brand Co. Ltd.
31.10. DMK Group
31.11. Ornua Co-operative Ltd.
31.12. Associated Milk Producers Inc.
31.13. California Dairies Inc.
31.14. Grassland Dairy Products Inc.
31.15. Anand Milk Union Limited

32. Global Butter Blocks Market Competitive Benchmarking

33. Global Butter Blocks Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Butter Blocks Market

35. Butter Blocks Market Future Outlook and Potential Analysis

35.1 Butter Blocks Market In 2028 - Countries Offering Most New Opportunities
35.2 Butter Blocks Market In 2028 - Segments Offering Most New Opportunities
35.3 Butter Blocks Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer