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Global Liquid Butter Alternatives Market: By Type: Palm, Soybean, Canola, Lauric, Other Oils; By Distribution Channel: Direct Sales, Indirect Sales; By End Use; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

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 2020-2025. The market is expected to be driven by the rising health consciousness among the consumers.

 

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: Industry Definition and 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.

 

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 industry based on the Porter's five forces model along with giving a SWOT analysis.

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    Industry Opportunities and Challenges
8    Global Liquid Butter Alternatives Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Liquid Butter Alternatives Historical Market (2015-2019) 
    8.3    Global Liquid Butter Alternatives Market Forecast (2020-2025)
    8.4    Global Liquid Butter Alternatives Market by Type
        8.4.1    Palm Oil
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Soybean Oil
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
        8.4.3    Canola Oil
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2015-2019)
            8.4.3.3    Forecast Trend (2020-2025)
        8.4.4    Lauric Oil
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2015-2019)
            8.4.4.3    Forecast Trend (2020-2025)
        8.4.5    Others
    8.5    Global Liquid Butter Alternatives Market by Distribution Channel
        8.5.1    Direct Sales
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Indirect Sales
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
                8.5.2.3.1    Supermarkets and Hypermarkets
                    8.5.2.3.1.1    Market Share
                    8.5.2.3.1.2    Historical Trend (2015-2019)
                    8.5.2.3.1.3    Forecast Trend (2020-2025)
                8.5.2.3.2    Convenience Stores
                    8.5.2.3.2.1    Market Share
                    8.5.2.3.2.2    Historical Trend (2015-2019)
                    8.5.2.3.2.3    Forecast Trend (2020-2025)
                8.5.2.3.3    Online Retailers
                    8.5.2.3.3.1    Market Share
                    8.5.2.3.3.2    Historical Trend (2015-2019)
                    8.5.2.3.3.3    Forecast Trend (2020-2025)
                8.5.2.3.4    Others
    8.6    Global Liquid Butter Alternatives Market by End Use
        8.6.1    Household
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2015-2019)
            8.6.1.3    Forecast Trend (2020-2025)
        8.6.2    Commercial
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2015-2019)
            8.6.2.3    Forecast Trend (2020-2025)
    8.7    Global Liquid Butter Alternatives Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Manufacturing Process

    12.1    Overview
    12.2    Detailed Process Flow
    12.3    Operation Involved
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Cargill, Inc.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Bunge Limited
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Ventura Foods, LLC
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    AAK Foodservice
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Others
14    Industry Events and Developments


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 Figures and Tables

1.    Global Liquid Butter Alternatives Market: Key Industry Highlights, 2015 and 2025
2.    Global Liquid Butter Alternatives Historical Market: Breakup by Type (USD Billion), 2015-2019
3.    Global Liquid Butter Alternatives Market Forecast: Breakup by Type (USD Billion), 2020-2025
4.    Global Liquid Butter Alternatives Historical Market: Breakup by Distribution Channel (USD Billion), 2015-2019
5.    Global Liquid Butter Alternatives Market Forecast: Breakup by Distribution Channel (USD Billion), 2020-2025
6.    Global Liquid Butter Alternatives Historical Market: Breakup by End Use (USD Billion), 2015-2019
7.    Global Liquid Butter Alternatives Market Forecast: Breakup by End Use (USD Billion), 2020-2025
8.    Global Liquid Butter Alternatives Historical Market: Breakup by Region (USD Billion), 2015-2019
9.    Global Liquid Butter Alternatives Market Forecast: Breakup by Region (USD Billion), 2020-2025
10.    North America Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2015-2019
11.    North America Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2020-2025
12.    Europe Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2015-2019
13.    Europe Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2020-2025
14.    Asia Pacific Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2015-2019
15.    Asia Pacific Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2020-2025
16.    Latin America Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2015-2019
17.    Latin America Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2020-2025
18.    Middle East and Africa Liquid Butter Alternatives Historical Market: Breakup by Country (USD Billion), 2015-2019
19.    Middle East and Africa Liquid Butter Alternatives Market Forecast: Breakup by Country (USD Billion), 2020-2025
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 2020 and 2025.

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 2020-2025, 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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