Anhydrous Butter Oil Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.3% from 2026 to 2033, reaching USD 2.3 Billion by 2033.
The global Anhydrous Butter Oil market was valued at approximately USD 6.2 billion in 2022 and is expected to grow at a robust CAGR of 4.5% from 2023 to 2030. The demand for Anhydrous Butter Oil is largely driven by its extensive use in the food and beverage industry, particularly in processed foods, dairy products, and bakery applications. Its growth is further fueled by rising consumer preference for high quality dairy fats in culinary preparations, which is leading to increased adoption across several regions. North America dominated the market in 2022, contributing a substantial share of around 35%, followed by Europe and the Asia Pacific, which hold shares of approximately 30% and 20%, respectively. North America’s strong market presence can be attributed to high consumption levels of dairy products and an established food processing industry, while Europe benefits from an increasing demand for premium dairy ingredients. Regionally, the Asia Pacific is expected to witness the highest growth rate in the coming years, with a CAGR of 6% during the forecast period, driven by the increasing urbanization and dietary shifts in countries like India and China. As these countries embrace Western culinary trends, the demand for Anhydrous Butter Oil is anticipated to rise sharply. In addition, the Middle East & Africa is also showing promising growth potential due to the expanding food industry and growing preference for dairy based ingredients in the region. The rising consumer interest in health and wellness is expected to further bolster the demand for Anhydrous Butter Oil across all regions, presenting substantial growth opportunities in the global market.
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FrieslandCampina
Uelzena Ingredients
Fonterra Co-operative Group
Murray Goulburn
Flechard
Dairy Crest Group
Groupe Lactalis
Land OLakes
Glanbia ingredients
Royal VIN Buisman
Flanders Milk
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Anhydrous Butter Oil Market
Conventional Anhydrous Butter Oil
Organic Anhydrous Butter Oil
Non-GMO Anhydrous Butter Oil
Dairy Products
Confectionery
Baking
Food Service Products
Infant Nutrition
Food Processing
Bakeries and Pastry Shops
Restaurants and Cafés
Retailers
Powdered Anhydrous Butter Oil
Liquid Anhydrous Butter Oil
Granulated Anhydrous Butter Oil
Refrigerated Storage
Frozen Storage
Ambient Storage
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Anhydrous Butter Oil Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Anhydrous Butter Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Anhydrous Butter Oil Market, By Type
6. Global Anhydrous Butter Oil Market, By Application
7. Global Anhydrous Butter Oil Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Anhydrous Butter Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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