Salted Butter Global Market Report 2024

Description

Salted butter undergoes a production process where salt is incorporated into the butter. This type of butter is widely utilized in cooking, baking, and as a spread. The addition of salt not only enhances its flavor but also extends its shelf life compared to unsalted butter. In culinary applications, salted butter is commonly employed as a spread for bread and other foods.

Salted butter is available in various forms such as blocks and sticks. Blocks of salted butter are typically large, solid pieces shaped into rectangular or square forms. These blocks cater to industrial and commercial sectors, serving various applications including household and commercial use. They are distributed through both online and offline channels.

The salted butter market research report is one of a series of new reports from The Business Research Company that provides salted butter market statistics, including salted butter industry global market size, regional shares, competitors with a salted butter market share, detailed salted butter market segments, market trends, and opportunities, and any further data you may need to thrive in the salted butter industry. This salted butter 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 salted butter market size has grown strongly in recent years. It will grow from $35.94 billion in 2023 to $37.92 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The increase during the historic period can be credited to the emergence of online shopping platforms, heightened awareness about health, growing demand from professional chefs, population growth, and consumer preferences shifting towards natural products.

The salted butter market size is expected to see strong growth in the next few years. It will grow to $47.54 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The forecasted growth can be linked to increasing awareness of health risks, heightened popularity of bakery goods, rising demand for artisanal dairy products, and growing global food influences. Key trends in the forecast period include technological advancements, expansion in artisanal offerings, organic alternatives, gourmet cuisine, packaging innovations, and a focus on sustainable sourcing.

The increasing popularity of bakery products is expected to drive growth in the salted butter market. Bakery products, including bread, cakes, muffins, and pastries baked in ovens, are gaining favor due to their convenience, diverse flavors, artisanal quality, and health-conscious ingredients. Salted butter plays a crucial role in enhancing the flavor, texture, and overall quality of these baked goods. For example, in April 2023, the Italian bakery industry reported a 2.6% increase in production, reflecting growing demand.

Leading companies in the salted butter market are focusing on innovation, such as introducing organic salted butter to expand flavor options. Organic salted butter, made from milk sourced from organically raised cows without synthetic pesticides or antibiotics, appeals to consumers seeking natural and ethically sourced products. For instance, in April 2023, the UK's Organic Milk Suppliers Cooperative Ltd. launched Grass Roots Dairy Co butter, emphasizing grass-fed milk for a distinctive flavor. This premium butter meets the demand for sustainable and transparent food choices.

In February 2022, Grassland Dairy Products Inc., a US-based dairy producer, acquired Medlee Foods LLC to broaden its branded offerings. This acquisition integrates Medlee Foods' seasoned butter products into Grassland's portfolio, enhancing market presence and catering to diverse culinary preferences.

Major companies operating in the salted butter market are Lactalis Group, Royal FrieslandCampina NV, Arla Foods Group, Land O'Lakes Inc., Ornua Co-operative Limited, Organic Valley, Tillamook County Creamery Association, Anand Milk Union Limited, Devondale Murray Goulburn Co-operative Co. Limited, Crystal Farms Dairy Company, Vermont Creamery, Daylesford Organic, Granarolo SpA, Straus Family Creamery, Challenge Dairy Products Inc., Anchor Foods Ltd., Finlandia Cheese Inc., Meat The Butcher Pte Ltd., Horizon Organic, Agral SA, Mainland Cheese Company, Valio Ltd., Tyner Pond Farm, Organic Times, Dukeshill Ham Company Ltd.

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

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

The salted butter market consists of sales of salted butter tubs, salted butter patties, salted butter blends, and grass-fed salted butter. 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.

Salted Butter 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 salted butter 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.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
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.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for salted butter ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The salted butter 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 Product: Blocks; Sticks; Other Products
2) By Distribution Channel: Online; Offline
3) By Application: Household Use; Commercial Use
Companies Mentioned: Lactalis Group; Royal FrieslandCampina NV; Arla Foods Group; Land O'Lakes Inc.; Ornua Co-operative Limited
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: r19225

1. Executive Summary

2. Salted Butter Market Characteristics

3. Salted Butter Market Trends And Strategies

4. Salted Butter 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 Salted Butter Market Size and Growth

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

6. Salted Butter Market Segmentation

6.1. Global Salted Butter Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Blocks
Sticks
Other Products
6.2. Global Salted Butter Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Online
Offline
6.3. Global Salted Butter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Household Use
Commercial Use

7. Salted Butter Market Regional And Country Analysis

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

8. Asia-Pacific Salted Butter Market

8.1. Asia-Pacific Salted Butter 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 Salted Butter Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Salted Butter Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Salted Butter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Salted Butter Market

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

10. India Salted Butter Market

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

11. Japan Salted Butter Market

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

12. Australia Salted Butter Market

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

13. Indonesia Salted Butter Market

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

14. South Korea Salted Butter Market

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

15. Western Europe Salted Butter Market

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

16. UK Salted Butter Market

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

17. Germany Salted Butter Market

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

18. France Salted Butter Market

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

19. Italy Salted Butter Market

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

20. Spain Salted Butter Market

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

21. Eastern Europe Salted Butter Market

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

22. Russia Salted Butter Market

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

23. North America Salted Butter Market

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

24. USA Salted Butter Market

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

25. Canada Salted Butter Market

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

26. South America Salted Butter Market

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

27. Brazil Salted Butter Market

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

28. Middle East Salted Butter Market

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

29. Africa Salted Butter Market

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

30. Salted Butter Market Competitive Landscape And Company Profiles

30.1. Salted Butter Market Competitive Landscape
30.2. Salted Butter Market Company Profiles
- 30.2.1. Lactalis Group
  - 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. Royal FrieslandCampina NV
  - 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. Arla Foods Group
  - 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. Land O'Lakes Inc.
  - 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. Ornua Co-operative Limited
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Salted Butter Market Other Major And Innovative Companies

31.1. Organic Valley
31.2. Tillamook County Creamery Association
31.3. Anand Milk Union Limited
31.4. Devondale Murray Goulburn Co-operative Co. Limited
31.5. Crystal Farms Dairy Company
31.6. Vermont Creamery
31.7. Daylesford Organic
31.8. Granarolo SpA
31.9. Straus Family Creamery
31.10. Challenge Dairy Products Inc.
31.11. Anchor Foods Ltd.
31.12. Finlandia Cheese Inc.
31.13. Meat The Butcher Pte Ltd.
31.14. Horizon Organic
31.15. Agral SA

32. Global Salted Butter Market Competitive Benchmarking

33. Global Salted Butter Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Salted Butter Market

35. Salted Butter Market Future Outlook and Potential Analysis

35.1 Salted Butter Market In 2028 - Countries Offering Most New Opportunities
35.2 Salted Butter Market In 2028 - Segments Offering Most New Opportunities
35.3 Salted Butter 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