Salted Butter Market Trend Analysis And Forecast 2033

The new report published by The Business Research Company, titled ""Salted Butter Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the salted butter market size has grown strongly in recent years. It will grow from $35.94 billion in 2023 to $37.92 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The salted butter market size is expected to see strong growth in the next few years. It will grow to $47.54 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%.

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Growing Popularity Of Bakery Products Fuels Salted Butter Market Growth
The rising popularity of bakery products is expected to propel the growth of the salted butter market going forward. Bakery products encompass a variety of food items, such as bread, cakes, muffins, and pastries that are typically baked in an oven. The rising popularity of bakery products can be attributed to increasing demand for convenient, ready-to-eat foods, diverse flavor options, artisanal craftsmanship, health-conscious ingredient choices, and cultural culinary trends. Salted butter is essential in baking as it improves the flavor, texture, and overall quality of various bread goods. For instance, in April 2023, according to the National Center for Biotechnology Information, a US-based governmental agency, the Italian bakery products industry produced 13.10 million tons of goods overall in 2021, a 2.6% rise from 2020. Therefore, the rising popularity of bakery products is driving the growth of the salted butter market.

Major Companies Develop Organic Salted Butter To Enhance Flavor Offerings
Major companies operating in the salted butter market focus on developing innovative products, such as organic salted butter, to enhance flavor offerings. Organic salted butter is butter made from the milk of cows raised according to organic farming practices without synthetic pesticides, fertilizers, or antibiotics and seasoned with salt. For instance, in April 2023, Organic Milk Suppliers Cooperative Ltd., a UK-based manufacturer of dairy products, launched a new Grass Roots Dairy Co butter. It is a delicious new organic salted butter produced using purely organic cream. This latest offering emphasizes grass-fed milk, ensuring a rich and distinctive flavor profile. Grass Roots Dairy Co. butter is crafted with premium ingredients, promising superior taste and texture ideal for culinary applications. It appeals to health-conscious consumers seeking natural, ethically sourced products, aligning with current trends favoring sustainability and transparency in food production.

The salted butter market covered in this report is segmented -

1) By Product: Blocks, Sticks, Other Products
2) By Distribution Channel: Online, Offline
3) By Application: Household Use, Commercial Use

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Major companies operating in the salted butter market are Lactalis Group, Royal FrieslandCampina NV, Arla Foods Group, Land O'Lakes Inc., Ornua Co-operative Limited, Organic Valley, Tillamook County Creamery Association, Anand Milk Union Limited, Devondale Murray Goulburn Co-operative Co. Limited, Crystal Farms Dairy Company, Vermont Creamery, Daylesford Organic, Granarolo SpA, Straus Family Creamery, Challenge Dairy Products Inc., Anchor Foods Ltd., Finlandia Cheese Inc., Meat The Butcher Pte Ltd., Horizon Organic, Agral SA, Mainland Cheese Company, Valio Ltd., Tyner Pond Farm, Organic Times, Dukeshill Ham Company Ltd.

Contents of the report:
1. Executive Summary
2. Salted Butter Market Report Structure
3. Salted Butter Market Trends And Strategies
4. Salted Butter Market - Macro Economic Scenario
5. Salted Butter Market Size And Growth
…..
27. Salted Butter Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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