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Liquid Butter Alternatives Market

Global Liquid Butter Alternatives Market Share, Forecast: By Type: Palm Oil, Soybean Oil, Canola Oil, Lauric Oil, Other; By Distribution Channel: Direct Sales, Indirect Sales; By End Use: Household, Commercial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Liquid Butter Alternatives Market Outlook

The global liquid butter alternatives market is expected to grow at a CAGR of about 6% in the forecast period of 2024-2032. The market is expected to be driven by the rising health consciousness among the consumers.

 

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.

 

Global Liquid Butter Alternatives Market by Type

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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.

Based on type, the industry can be divided into:

The distribution channels for the product can be divided into direct sales and indirect sales. Indirect sales can be further divided into the following types:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retailers
  • Others

The product finds its end-use in the household and commercial sectors. The regional markets for liquid butter alternatives can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Liquid Butter Alternatives Market by Region

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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.
 

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Liquid Butter Alternatives Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Liquid Butter Alternatives Historical Market (2018-2023) 
    8.3    Global Liquid Butter Alternatives Market Forecast (2024-2032)
    8.4    Global Liquid Butter Alternatives Market by Type
        8.4.1    Palm Oil
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Soybean Oil
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Canola Oil
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Lauric Oil
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Liquid Butter Alternatives Market by Distribution Channel
        8.5.1    Direct Sales
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Indirect Sales
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
                8.5.2.2.1    Supermarkets and Hypermarkets
                    8.5.2.2.1.1    Historical Trend (2018-2023)
                    8.5.2.2.1.2    Forecast Trend (2024-2032)
                8.5.2.2.2    Convenience Stores
                    8.5.2.2.2.1    Historical Trend (2018-2023)
                    8.5.2.2.2.2    Forecast Trend (2024-2032)
                8.5.2.2.3    Online Retailers
                    8.5.2.2.3.1    Historical Trend (2018-2023)
                    8.5.2.2.3.2    Forecast Trend (2024-2032)
                8.5.2.2.4    Others
    8.6    Global Liquid Butter Alternatives Market by End Use
        8.6.1    Household
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Commercial
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Liquid Butter Alternatives Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Liquid Butter Alternatives Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Liquid Butter Alternatives Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Liquid Butter Alternatives Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Liquid Butter Alternatives Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Liquid Butter Alternatives Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Manufacturing Process

    16.1    Overview
    16.2    Detailed Process Flow
    16.3    Operation Involved
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Cargill, Inc.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Bunge Limited
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Ventura Foods, LLC
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    AAK Foodservice
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market

Additional Customisations Available

1.    Project Requirements and Cost Analysis    
    1.1    Land, Locations, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Liquid Butter Alternatives Market: Key Industry Highlights, 2018 and 2032
2.    Global Liquid Butter Alternatives Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Liquid Butter Alternatives Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Liquid Butter Alternatives Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
5.    Global Liquid Butter Alternatives Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
6.    Global Liquid Butter Alternatives Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.    Global Liquid Butter Alternatives Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.    Global Liquid Butter Alternatives Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Liquid Butter Alternatives Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Liquid Butter Alternatives Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6% between 2024 and 2032.

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.

Analyst Review

The global liquid butter alternatives market is being driven by the rising consumption of bakery product and growing health consciousness. Aided by the product diversifications, the market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 6%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be segmented into palm oil, soybean oil, canola oil, lauric oil, and others. Based on distribution channel, the industry is bifurcated into direct sales and indirect sales. On the basis of end use, the industry is divided into household and commercial sectors. The major regional markets for liquid butter alternatives are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cargill, Inc., Bunge Limited, Ventura Foods, LLC, and AAK Foodservice, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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