The Market Reports

Synopsis
The global market for Butter and Margarine was estimated to be worth US$ 71179 million in 2024 and is forecast to a readjusted size of US$ 87657 million by 2031 with a CAGR of 3.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Butter and Margarine cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Butter is a dairy product that manufacturers make by churning cream or milk to separate the solid components from the liquid. People commonly use butter in cooking, baking, and as a spread. Margarine is a substitute for butter. Manufacturers make margarine from plant-based oils, such as canola oil, palm fruit oil, and soybean oil. Although butter and margarine have different components, both can contain large amounts of different fats.
In 2024, global Butter and Margarine production reached approximately 20308K MT, with an average global market price of around 3505 USD/MT.
The global butter and margarine market is experiencing a dynamic shift, influenced by evolving consumer preferences, health trends, and regional dietary habits. While butter has traditionally dominated the market, particularly in regions like Europe and North America, growing awareness about the health risks associated with high saturated fat consumption has prompted a gradual shift toward margarine and plant-based spreads. Margarine, often seen as a healthier alternative due to its lower saturated fat content, is gaining popularity, especially with the rise in veganism and plant-based diets. This shift is further supported by the introduction of fortified and functional margarine products that offer additional health benefits, such as omega-3 fatty acids and vitamins.
On the other hand, butter remains highly favored due to its natural and clean-label appeal, as consumers seek products with fewer additives and preservatives. Artisanal and organic butter varieties are witnessing increased demand, driven by the broader trend toward natural and premium food products. The Asia-Pacific region is emerging as a key growth area for both butter and margarine, fueled by rising disposable incomes and Western-style eating habits. Meanwhile, in developed regions like North America and Europe, the trend toward clean-label and health-conscious food products continues to shape the market. Overall, the butter and margarine market is expected to grow steadily, with an ongoing balance between indulgence, health-conscious choices, and regional preferences.
This report aims to provide a comprehensive presentation of the global market for Butter and Margarine, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Butter and Margarine by region & country, by Type, and by Application.
The Butter and Margarine market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Butter and Margarine.
Market Segmentation
By Company
Upfield
Bunge
NMGK Group
ConAgra
Wilmar-International
Fuji Oil
BRF
Yildiz Holding
Grupo Lala
NamChow
Cargill
COFCO
Uni-President
Mengniu Group
Yili Group
Land O‘lakes
Arla Foods
Lactails
Fonterra
Amul
Segment by Type
Butter
Margarine
Segment by Application
Food Industry
Household
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Butter and Margarine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Butter and Margarine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Butter and Margarine in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index