Global Plant-Based Butter Market Insights, Forecast to 2028

Plant-based butter is the butter made from plant extracts such as almond, soy, coconut, and vegetable oils. Butter is the most used product in cooking by consumers and food manufacturers. Most of the butter products are milk-based having heavy saturated fat and cholesterol which can promote additional fat in the human body. Plant-based butter is comparatively low in saturated fat and tastes like dairy butter and can be used in the cooking, baking, spreading’s. Plant-based butter can be used in the food premixes, soups, sausages, bakery, prepared and packaged food, food service industry, household and others. The plant-based butter is becoming more popular among the consumer as a dairy alternative with additional health benefits. Plant-based butter supports to maintain healthy cholesterol levels, gluten-free, lactose-free, with the goodness plant extracts, which make it a unique and healthy alternative for the consumers.
Market Analysis and Insights: Global Plant-Based Butter Market
Due to the COVID-19 pandemic, the global Plant-Based Butter market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Organic accounting for % of the Plant-Based Butter global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food and Beverage Industry segment is altered to an % CAGR throughout this forecast period.
China Plant-Based Butter market size is valued at US$ million in 2021, while the US and Europe Plant-Based Butter are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Plant-Based Butter landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Plant-Based Butter include Conagra Brands, Inc., Upfield, Pure Blends, Nutiva, Jem Organic, Yumbutter, Ellyndale, Melt Organics and Fora Foods and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Plant-Based Butter Scope and Segment
Plant-Based Butter market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Plant-Based Butter market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Organic
Conventional
Segment by Application
Food and Beverage Industry
Household/Retail
Other
By Company
Conagra Brands, Inc.
Upfield
Pure Blends
Nutiva
Jem Organic
Yumbutter
Ellyndale
Melt Organics
Fora Foods
Miyoko's Creamery
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE