Metric sales

Global butter market to reach 13.8 million metric tons by 2026

Editing: 15; Posted: April 2021
Executive pool: 3571
Companies: 154 – Actors covered include Arla Foods Ltd. ; Gujarat Milk Marketing Cooperative Federation (AMUL); Land O’Lakes, Inc .; Nestlé India Ltd. ; Organic Valley Family of Farms; Ornua Cooperative Ltd .; Royal FrieslandCampina NV; The Kraft Heinz Company et al.
Blanket: All major geographies and key segments
Segments: Butter
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.

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Global butter market to reach 13.8 million metric tons by 2026
Amid the COVID-19 crisis, the global butter market estimated at 11.3 million metric tons in 2020, is expected to reach a revised size of 13.8 million metric tons by 2026, growing at a CAGR 3.3% over the analysis period.

The US market is estimated at 3.1 million metric tons in 2021, while China is expected to reach 2.8 million metric tons by 2026
The butter market in the United States is estimated at 3.1 million metric tonnes in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of 2.8 million metric tonnes by 2026, with a CAGR of 6% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 0.9% and 2.5% respectively over the period of analysis. In Europe, Germany is expected to grow by around 1.6% CAGR. Following

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