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Report Overview

According to latest report by Expert Market Research, the global liquid butter alternatives market is expected to grow at a CAGR of about 6.00% in the forecast period of 2025-2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Liquid Butter Alternatives Market Report

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North America to Significantly Drive the Demand for Liquid Butter Alternatives

North America is among the leading regions for the liquid butter alternatives market. The demand in the region is primarily being driven by the eating habits of the consumers. The region is anticipated to maintain its significant position in the industry in the coming years as the preference for packaged food, and baked goods remain steadily high, contributing to the substantial consumption of butter and margarine. Liquid butter alternative acts as a healthy and cost-effective substitute for butter. Since the product is free from fat and cholesterol, it is widely preferred among the consumers. Apart from North America, the Asia Pacific is likely to witness a robust growth in the coming years due to the rising demand from emerging economies like India and China, who are witnessing increased consumption of baked goods.

Liquid Butter Alternatives: Market Segmentation

Liquid butter alternative, also referred to as phase oil, is widely used as a low-price substitute for butter or margarine. This alternative is versatile since it does not burn, spatter, or scorch. It has plenty of uses in the restaurant and hotel industries. It is most commonly used for frying and baking, among other uses.

Breakup by Type

  • Palm Oil
  • Soybean Oil
  • Canola Oil
  • Lauric Oil
  • Others

Breakup by Distribution Channel

  • Direct Sales
  • Indirect Sales

Breakup by End Use

  • Household
  • Commercial

Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Liquid Butter Alternatives Market by Type

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Rising Awareness of the Health Benefits of Liquid Butter Alternatives to Bolster the Market Growth

The market is primarily being driven by the factor that the product provides the flavour of butter without using fatty and cholesterol-rich butter. The demand is also continuously increasing due to the product's lightly salted formula and high heat tolerance, which make it ideal for cooking. The product is widely demanded among the health-conscious consumers as it has zero grams of trans fat per serving as compared to regular butter and contains no cholesterol. It has plenty of applications in the food industry as the product imparts a rich and buttery flavour to the food without adding fat. Liquid butter alternatives have a longer shelf life and are, thus, more convenient. Along with being convenient for the consumers, the product is also cost-effective and helps save more as compared to butter. These are some of the factors boosting the sales of the product, along with factors like the rising middle-class population, rapid urbanisation, and the increasing disposable incomes of the consumers.

Global Liquid Butter Alternatives Market by Region

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Key Industry Players in the Global Liquid Butter Alternatives Market

The report gives a detailed analysis of the following key players in the global liquid butter alternatives market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Cargill, Inc.
  • Bunge Limited
  • Ventura Foods, LLC
  • AAK Foodservice
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is assessed to grow at a CAGR of 6.00% between 2025 and 2034.

The major drivers of the industry, such as rising disposable incomes, increasing middle class population, growing health awareness, rising demand from the developing regions, increasing demand for convenient foods, and rising consumption of bakery goods, are expected to aid the market growth.

The key trends guiding the growth of the market include the rising awareness and adoption of the product.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of liquid butter alternatives in the industry are palm oil, soybean oil, and canola oil, lauric oil, among others.

The major distribution channels in the industry are direct sales and indirect sales.

The significant end-use sectors in the industry are the household and commercial sectors.

The major players in the industry are Cargill, Inc., Bunge Limited, Ventura Foods, LLC, and AAK Foodservice, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Distribution Channel
  • End Use
  • Region
Breakup by Type
  • Palm Oil
  • Soybean Oil
  • Canola Oil
  • Lauric Oil
  • Others
Breakup by Distribution Channel
  • Direct Sales
  • Indirect Sales
Breakup by End Use
  • Household
  • Commercial
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cargill, Inc.
  • Bunge Limited
  • Ventura Foods, LLC
  • AAK Foodservice
  • Others
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