North America Butter Market

North America Butter Market Size (2024 To 2029)

The size of the North America butter market is expected to be worth USD 6.76 billion in 2024 and grow at a CAGR of 3.33% from 2024 to 2029 to achieve USD 7.96 billion by 2029.

Butter is a dairy product made by churning cream or milk. It can be used like a spread and as a regular ingredient in cooking. From a nutritional perspective, butter is a very good source of protein. It contains saturated fat made from the fresh cream and milk.

Due to rising health consciousness among people, the demand for natural products has risen which in turn drives the butter market. A rise in the disposable incomes, especially in the developing countries, is another driver of this market. In developed countries, product innovation and the increased home baking further fuels the market. Availability of healthy alternatives to butter, such as margarine, along with government regulations in the production and distribution of butter restrain the market growth. Growing demand in developing countries can be considered as an opportunity for this market.

This research report on the North America butter market is segmented and sub-segmented into the following categories.

North America Butter Market By Processing

• Processed
• Non-Processed Butter

North America Butter Market By Type

• Cultured
• Uncultured
• Cream And Whipped
• Whey And Salted

North America Butter Market By Usage

• Spreadable
• Non-Spreadable

Non-spreadable butter segment dominates the market.

North America Butter Market By Distribution channel

• Supermarkets
• Convenience Stores
• Grocery Stores
• Others

The supermarket segment dominates the global market.

North America Butter Market By Region 

• U.S.A
• Canada

The Butter market was dominated by North America. The United States is a major market in this region. The increase in home-baking and the growing food industry further support the growth in this region.

KEY MARKET PLAYERS 

Some of the major Butter Market leaders are Amul, Arla Foods UK Plc., Kraft Foods Inc., FrieslandCampina, Dean Foods company.