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Plant-Based Butter Market Size- By Source, By Nature, By Flavor, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

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  • Elmhurst Buttered Direct, LLC
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KSA 25.03.17

Plant-Based Butter Market Introduction and Overview

According to SPER market research, 'Global Plant-Based Butter Market Size- By Source, By Nature, By Flavor, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Plant-Based Butter Market is predicted to reach 2.56 billion by 2034 with a CAGR of 11.01%.

Plant-based butter is a dairy-free replacement prepared from plant oils, nuts, or seeds that is intended to resemble the texture and flavor of traditional butter. It meets the growing need for vegan, lactose-free, and allergy-friendly products. Coconut oil, almond butter, avocado, and cashews are common ingredients that contribute to a creamy texture and rich flavor.

Restraints: One key difficulty is that plant-based options are more expensive than typical dairy butter, making them less accessible to price-sensitive consumers. Limited availability in specific locations, as well as lesser distribution networks, further limit market penetration, especially in developing countries. Furthermore, while plant-based butter meets an increasing need for dairy-free goods, some consumers continue to prefer the taste and texture of classic butter.

Scope of the Report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Source, By Nature, By Flavor, By Distribution Channel.

Regions covered

North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Companies Covered

Califia Farms, LLC, Conagra, Inc, Elmhurst Buttered Direct, LLC, Fora Foods, Kite Hill, Milkadamia, Miyokos Creamery, Naturli' Foods A/S, Ripple Foods, PBC, Upfield.

Plant-Based Butter Market Segmentation:

By Source: Based on the Source, Global Plant-Based Butter Market is segmented as; Almond, Oat, Soy, Coconut.

By Nature: Based on the Nature, Global Plant-Based Butter Market is segmented as; Organic, Conventional.

By Flavor: Based on the Flavor, Global Plant-Based Butter Market is segmented as; Flavored Butter, Non-Flavored Butter.

By Distribution Channel: Based on the Distribution Channel, Global Plant-Based Butter Market is segmented as; B2B, B2C.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Table of Contents

1. Introduction

  • 1.1. Scope of the report
  • 1.2. Market segment analysis

2. Research Methodology

  • 2.1. Research data source
    • 2.1.1. Secondary Data
    • 2.1.2. Primary Data
    • 2.1.3. SPERs internal database
    • 2.1.4. Premium insight from KOLs
  • 2.2. Market size estimation
    • 2.2.1. Top-down and Bottom-up approach
  • 2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

  • 4.1. Driver, Restraint, Opportunity and Challenges analysis
    • 4.1.1. Drivers
    • 4.1.2. Restraints
    • 4.1.3. Opportunities
    • 4.1.4. Challenges

5. Market variable and outlook

  • 5.1. SWOT Analysis
    • 5.1.1. Strengths
    • 5.1.2. Weaknesses
    • 5.1.3. Opportunities
    • 5.1.4. Threats
  • 5.2. PESTEL Analysis
    • 5.2.1. Political Landscape
    • 5.2.2. Economic Landscape
    • 5.2.3. Social Landscape
    • 5.2.4. Technological Landscape
    • 5.2.5. Environmental Landscape
    • 5.2.6. Legal Landscape
  • 5.3. PORTERs Five Forces
    • 5.3.1. Bargaining power of suppliers
    • 5.3.2. Bargaining power of buyers
    • 5.3.3. Threat of Substitute
    • 5.3.4. Threat of new entrant
    • 5.3.5. Competitive rivalry
  • 5.4. Heat Map Analysis

6. Competitive Landscape

  • 6.1. Global Plant-Based Butter Market Manufacturing Base Distribution, Sales Area, Product Type
  • 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Plant-Based Butter Market

7. Global Plant-Based Butter Market, By Source (USD Million) 2021-2034

  • 7.1. Almond
  • 7.2. Oat
  • 7.3. Soy
  • 7.4. Coconut

8. Global Plant-Based Butter Market, By Nature (USD Million) 2021-2034

  • 8.1. Organic
  • 8.2. Conventional

9. Global Plant-Based Butter Market, By Flavor (USD Million) 2021-2034

  • 9.1. Flavored Butter
  • 9.2. Non Flavored Butter

10. Global Plant-Based Butter Market, By Distribution Channel (USD Million) 2021-2034

  • 10.1. B2B
  • 10.2. B2C
    • 10.2.1. Hypermarkets & Supermarkets
    • 10.2.2. Specialty Stores
    • 10.2.3. Online

11. Global Plant-Based Butter Market, (USD Million) 2021-2034

  • 11.1. Global Plant-Based Butter Market Size and Market Share

12. Global Plant-Based Butter Market, By Region, (USD Million) 2021-2034

  • 12.1. Asia-Pacific
    • 12.1.1. Australia
    • 12.1.2. China
    • 12.1.3. India
    • 12.1.4. Japan
    • 12.1.5. South Korea
    • 12.1.6. Rest of Asia-Pacific
  • 12.2. Europe
    • 12.2.1. France
    • 12.2.2. Germany
    • 12.2.3. Italy
    • 12.2.4. Spain
    • 12.2.5. United Kingdom
    • 12.2.6. Rest of Europe
  • 12.3. Middle East and Africa
    • 12.3.1. Kingdom of Saudi Arabia
    • 12.3.2. United Arab Emirates
    • 12.3.3. Qatar
    • 12.3.4. South Africa
    • 12.3.5. Egypt
    • 12.3.6. Morocco
    • 12.3.7. Nigeria
    • 12.3.8. Rest of Middle-East and Africa
  • 12.4. North America
    • 12.4.1. Canada
    • 12.4.2. Mexico
    • 12.4.3. United States
  • 12.5. Latin America
    • 12.5.1. Argentina
    • 12.5.2. Brazil
    • 12.5.3. Rest of Latin America

13. Company Profile

  • 13.1. Califia Farms, LLC
    • 13.1.1. Company details
    • 13.1.2. Financial outlook
    • 13.1.3. Product summary
    • 13.1.4. Recent developments
  • 13.2. Conagra, Inc
    • 13.2.1. Company details
    • 13.2.2. Financial outlook
    • 13.2.3. Product summary
    • 13.2.4. Recent developments
  • 13.3. Elmhurst Buttered Direct, LLC
    • 13.3.1. Company details
    • 13.3.2. Financial outlook
    • 13.3.3. Product summary
    • 13.3.4. Recent developments
  • 13.4. Fora Foods
    • 13.4.1. Company details
    • 13.4.2. Financial outlook
    • 13.4.3. Product summary
    • 13.4.4. Recent developments
  • 13.5. Kite Hill
    • 13.5.1. Company details
    • 13.5.2. Financial outlook
    • 13.5.3. Product summary
    • 13.5.4. Recent developments
  • 13.6. Milkadamia
    • 13.6.1. Company details
    • 13.6.2. Financial outlook
    • 13.6.3. Product summary
    • 13.6.4. Recent developments
  • 13.7. Miyokos Creamery
    • 13.7.1. Company details
    • 13.7.2. Financial outlook
    • 13.7.3. Product summary
    • 13.7.4. Recent developments
  • 13.8. Naturli Foods A/S
    • 13.8.1. Company details
    • 13.8.2. Financial outlook
    • 13.8.3. Product summary
    • 13.8.4. Recent developments
  • 13.9. Ripple Foods, PBC
    • 13.9.1. Company details
    • 13.9.2. Financial outlook
    • 13.9.3. Product summary
    • 13.9.4. Recent developments
  • 13.10. Upfield
    • 13.10.1. Company details
    • 13.10.2. Financial outlook
    • 13.10.3. Product summary
    • 13.10.4. Recent developments
  • 13.11. Others

14. Conclusion

15. List of Abbreviations

16. Reference Links

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