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Butter Market Research Report- Forecast to 2023
2 Market Overview
Butter is referred to the cream obtained by the churning of milk. Industrial grade butter is obtained by separating
butterfat from buttermilk by the method of centrifugation. Butter has diverse application across the food industry and
is considered as a key ingredient for culinary purpose majorly in bakery and confectionery industries. Additionally, it
is is a good source of vitamins, minerals, and protein. Butter is available in various forms and type. Various regions
follow their own traditional method for its production and hence the processing method differs across the countries.
Moreover, developing economy and increasing demand for cross region cuisines is driving the market demand for
butter across the countries.
High demand for dairy products has a direct impact on butter market. Rising consumer demand for bakery and
confectionery products including chocolate, cakes, muffins and others are influencing the growth of butter market
positively. Shifting consumers food consumption pattern backed up by increasing disposable income is propelling
the growth of this market. Low production cost and high returns are encouraging the players to enter the butter
market. Furthermore, high focus on R & D has a positive impact on this market and helped in brining innovations
and also improving the existing product line.
Intended Audience:
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Convenience food manufacturers
Butter manufacturers
Retailers, Wholesalers
E-commerce Companies
Traders, Importers and Exporters
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