Buttermilk and Buttermilk Powder Market

Buttermilk and buttermilk powder market: get access to newly released datasets empowered by an Ai-driven business intelligence platform. Info provide market size, trade, companies, market prices, imports, production, exports, and consumption. There is a breakdown by region, including the U.S., Latin America, the U.K., Africa, China, EU, the Middle East, and Russia. Market trends and forecast to 2030 are also featured in the snapshots.

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Buttermilk and Buttermilk Powder - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

From 2018 to 2020, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: the United States (+3.1% per year) and India (+1.1% per year).

Buttermilk And Buttermilk Powder Prices

Buttermilk and Buttermilk Powder - Top Importers

In value terms, the largest buttermilk and buttermilk powder importing markets worldwide were Italy ($166M), Russia ($150M) and the Netherlands ($137M), with a combined 23% share of global imports. These countries were followed by the UK, the Philippines, Iraq, Germany, Belgium, Spain, France, Poland, Kazakhstan and Ireland, which together accounted for a further 35%.

In terms of the main importing countries, the Philippines recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Buttermilk and Buttermilk Powder - Top Exporters

In value terms, the largest buttermilk and buttermilk powder supplying countries worldwide were Germany ($318M), France ($303M) and Belgium ($251M), with a combined 43% share of global exports. These countries were followed by Belarus, New Zealand, Poland, Spain, the Netherlands, Russia, Austria, Thailand, the UK and the United Arab Emirates, which together accounted for a further 35%.

Among the main exporting countries, the Netherlands saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Buttermilk and Buttermilk Powder - Market Forecast

The buttermilk and buttermilk powder market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.9% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Buttermilk and Buttermilk Powder - Product Coverage

• HS 040390 - Dairy produce; buttermilk, curdled milk or cream, kephir, fermented or acidified milk or cream, whether or not concentrated or containing added sweetening, flavouring, fruit or cocoa (excluding yoghurt)

Source: IndexBox Market Intelligence Platform