Butter and Margarine Market Segments and Key Trends 2015-2025 fmi | Page 2

Report
Description
Report Description
Global Butter and Margarine Market

Butter is a dairy product and Margarine is non-dairy product. Many a times margarine is used as a substitute
of butter, but the properties and taste varies a lot. Butter is made up of butterfat, water and proteins
whereas margarine consists of refined vegetable oil, sometimes animal fat. Both are used in cooking, baking
or as spreads in various dishes to enrich its taste and The key drivers of global butter and margarine market
are higher consumption of margarine in under developed countries because of greater value for money and
multiple usages. Butter and margarine market is growing in developed regions with lot of product innovation
and growing food service industry. Other drivers that fuel global butter and margarine marketare less price
difference between butter and margarine and changing customer habits. The major restraining factors for
butter and margarine market could be government regulations on manufacturing and marketing of such
products (licensing, labeling among others), substitute products available in the butter and margarine market
is among others. Rising health concerns and growing obesity are other potential restraining factors.
Global Butter and Margarine Market Size
The global butter and margarine market is expected to growth with a single digit increase in CAGR between
2015 and 2020. There is a decrease in the consumption of margarine in developed countries on the back
drop of increasing obesity and health awareness programs.
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