World - Butter - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Butter - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

The Cost of Butter

Butter is a widely used dairy product that is commonly used in cooking and baking. It is made by churning fresh or fermented cream or milk, separating the solid butterfat from the buttermilk. Butter is known for its creamy texture, rich flavor, and versatile uses in various culinary applications.

The cost of butter can vary depending on various factors such as the country or region, brand, quality, season, and availability. Additionally, market prices for butter can fluctuate due to factors like supply and demand, production costs, and global economic conditions.

In general, the cost of butter is influenced by the cost of raw materials, processing, packaging, transportation, and distribution. The price of milk or cream, which is the main ingredient in butter production, directly impacts its cost. Factors affecting milk or cream prices include feed costs, weather conditions impacting livestock, government regulations, and market demand.

Butter produced from organic or grass-fed milk tends to be more expensive than conventional butter due to the higher cost of producing organic milk or raising grass-fed cows. The organic certification process, which requires adherence to specific farming practices, also adds to the production costs.

Brand reputation and quality also play a significant role in the cost of butter. Well-known brands or artisanal butter made from high-quality ingredients tend to be priced higher compared to generic or lower-end brands. The production methods, such as traditional churned butter or cultured butter, can also impact the cost.

Furthermore, the cost of butter can vary between different types or variations of butter. For example, clarified butter (also known as ghee), which is made by heating and separating the butterfat from the milk solids, is generally more expensive due to the additional processing steps involved.

The packaging and presentation of butter can also influence its cost. Premium or specialty butter often comes in a more elaborate packaging, such as glass jars or decorative wrappers, which can increase the overall price.

Lastly, the cost of butter can be influenced by geographical location and local market dynamics. For instance, butter prices may vary between rural and urban areas or between different countries due to varying production costs, import/export taxes, and local demand.

In conclusion, the cost of butter is influenced by multiple factors including raw material prices, production methods, brand reputation, packaging, and market dynamics. Understanding these factors can help consumers and businesses make informed decisions when purchasing or pricing butter products.

This report provides an in-depth analysis of the global butter market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 886 - Butter of Cow Milk

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Dairy Farmers of America, Inc., Tatura Milk Industries Limited, Westland Milk Products, Adams Foods Limited, Arla Foods, Fonterra, Glanbia, First Milk Ltd

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
Store
Blog
Event
Global Butter Market to Keep Robust This Year, with Rising U.S. Supplies to Offset Subdued EU and New Zealand’s Exports
Jul 30, 2021
Eye 892

This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.

Butter Market - New Zealand Strengthened Leadership in Global Butter Supplies
Oct 26, 2016
Eye 1991

The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again

Butter Market - New Zealand’s Butter Exports Increased by 18% in 2014
Oct 18, 2015
Eye 1334

New Zealand continued its dominance in the global butter trade. In 2014, New Zealand exported X thousand tons of butter totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its tota

Which Country Consumes the Most Butter and Ghee in the World?
Feb 9, 2018
Eye 7814

Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.

Which Country Exports the Most Butter and Ghee in the World?
Feb 1, 2018
Eye 2826

Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.

Which Country Imports the Most Butter and Ghee in the World?
Jan 18, 2018
Eye 6320

Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level. 

Which Country Produces the Most Butter and Ghee in the World?
Nov 17, 2017
Eye 6762

In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.

New Zealand to Benefit from Rising Butter Exports
Jun 23, 2017
Eye 1017

The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.

Global Butter and Ghee Market to Continue Measured Growth through 2025
Apr 25, 2017
Eye 2765

The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms. 

Ghee Market - New Zealand’s Butter and Ghee Exports Showed 18% Growth in 2014
Oct 22, 2015
Eye 1740

New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but

Free Data: Butter - World