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Butter Market Research Report- Forecast to 2023 3 Sample Pages Butter has been segmented on the basis of processing, which comprises processed and unprocessed. Processed butter is found to hold a major share owning to high industrial application majorly in bakery and confectionery industries. Butter has been segmented on the basis of product-type, which includes cultured butter, uncultured butter, raw cream butter, salted butter, others. Among these segments, cultured butter segment dominates the global market based on high production capacity obtained (by adding culture) in shorter duration of time. Butter has been segmented on the basis of distribution channel, which comprises store based (supermarkets/hypermarkets, specialty retailers, convenience stores, others), and non-store based (e-commerce). Sale through store based channels dominates the market due to convenient one-stop shopping experience of the consumers’. Regional Analysis: The global butter market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Europe accounts for the major market share followed by North America. High consumption of convenience food in the countries of these regions is influencing the high production volume of butter. Owing to changing food consumption pattern, butter market is projected to generate high revenue during the given forecast period. Furthermore, rising demand for fast foods such as pizza, burger,s and others will support the sale of butter across the regions during the assessment period. The major importers of butter include France, Germany, Belgium, the Netherlands and Russia. Page | 4 Copyright © 2017 Market Research Future.