Asia Pacific Butter and Ghee Market is predicted to grow at a CAGR of 17.56% from 2024 to 2029 and the market size is expected to be valued at USD 24.63 billion by 2029 from USD 10.97 billion in 2024.
Ghee is clarified butter but simmered longer to bring out butter's inherent nutty flavor. Traditionally made from buffalo or cow’s milk, the process of making ghee removes the water and milk fats, leaving a high-smoke point. Ghee is derived from butter. Whereas butter contains butterfat, milk solids and water, ghee is pure butterfat cooked longer, until all moisture is removed and the milk solids are caramelized and then filtered out. The growth of the Asia-Pacific Butter and Ghee Market is mainly driven by the increasing use of the Butter and Ghee as additives and taste enhancers in a variety of dishes and delicacies. Furthermore, the wide applicability of ghee as a butter substitute in baked goods also acts as a major driver for market growth. However, rising incidents of obesity and increasing health consciousness act as restraints on market growth.
Asia-Pacific is predicted to grow with the highest CAGR during the forecast period. Factors such as growing consumption coupled with the rapid growth in distribution channels are anticipated to lead the growth of the market in this region.
Terra Food LLC, Avn Products, SEWRI Trading Company, Worldlink Entt, Mousa Al Mazim General Trading, Umang Dairies Limited, Prime Lac Supplies, Export Company MARSHO are some of the notable companies in the Asia Pacific Butter and Ghee Market.
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