Global Salted Butter Market Size, Share And Growth Analysis For 2024-2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033

LONDON, GREATER LONDON , UK, August 30, 2024 /EINPresswire.com/ -- The global salted butter market is projected to grow from $35.94 billion in 2023 to $37.92 billion in 2024, at a CAGR of 5.5%. The market size is expected to continue its upward trajectory, reaching $47.54 billion by 2028 at a compound annual growth rate (CAGR) of 5.8%, driven by factors such as the rise in online shopping platforms, increasing health awareness, growing demand from professional chefs, population growth, and a shift in consumer preferences toward natural products.

Growing Popularity of Bakery Products Fuels Salted Butter Market Growth
The rising popularity of bakery products is a significant driver of the salted butter growth. Bakery products, including bread, cakes, muffins, and pastries, are increasingly in demand due to the convenience of ready-to-eat foods, diverse flavor options, and a focus on artisanal craftsmanship. Salted butter plays a crucial role in enhancing the flavor, texture, and quality of these baked goods. For instance, the Italian bakery products industry saw a 2.6% increase in production in 2021, highlighting the growing demand for bakery items and, consequently, for salted butter.

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Salted Butter Market Key Players and Market Trends
Major companies in the salted butter market include Lactalis Group, Royal FrieslandCampina NV, Arla Foods Group, Land O'Lakes Inc., Ornua Co-operative Limited, Organic Valley, and Tillamook County Creamery Association. These companies are focusing on product innovation to meet the evolving consumer demands.

Salted Butter Market Segments:
• Product: Blocks, Sticks, Other Products
• Distribution Channel: Online, Offline
• Application: Household Use, Commercial Use
•
Geographical Insights: Asia-Pacific Leading the Market
Asia-Pacific was the largest region in the salted butter market in 2023, driven by increasing consumer demand and a growing population. The region's market is expected to continue expanding, offering numerous growth opportunities for key players.

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Salted Butter Global Market Report 2024 from The Business Research Company covers the following information:
•Market size data for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Salted Butter Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on salted butter market size, salted butter market drivers and trends, salted butter market major players, salted butter competitors' revenues, salted butter market positioning, and salted butter growth across geographies. The salted butter market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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