Get the latest insights on price movement and trend analysis of Butter Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Butter traded flat at 7,205 EUR/T on August 1, 2025. Over the past month, Butter's price has fallen 2.64%, and is down 0.46% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Butter.

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Anhydrous Milk Fat Market Size 2024-2028

The anhydrous milk fat (butter oil) market size is forecast to increase by USD 1.57 billion at a CAGR of 7.51% between 2023 and 2028. The market is witnessing significant growth due to several key drivers. The refining process of AMF enhances its nutritional value, extending its shelf life and enabling its use in various applications. Consumers are increasingly seeking premium and specialty products, leading to a rise in demand for AMF. Furthermore, the market is witnessing a trend towards clean labels and natural products, which is positively impacting the AMF market. However, the price volatility of dairy products remains a challenge for market growth. AMF, also known as butter oil, is rich in vitamins A, D, E, and K2, calcium, and other essential nutrients. These nutrients contribute to bone health, arthritis prevention, and immunity boosting, making AMF a desirable ingredient for food and beverage manufacturers. Key market players are focusing on innovation and product development to cater to evolving consumer preferences and demands.

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Anhydrous Milk Fat (AMF), also known as butter oil, is a high-value dairy ingredient used in various industries due to its unique properties and nutritional benefits. This product is derived from milk through a process involving centrifugation and removal of water content, resulting in a fat concentrate with a high butterfat content. The production of AMF requires significant capital investment in specialized machinery and raw materials. The process begins with the collection of fresh milk, which undergoes pasteurization to ensure food safety. The milk is then separated into skim milk and cream through centrifugation. The cream is then subjected to further processing, including chilling, standardizing, and churning, to produce butter.

Furthermore, the butter is then worked to remove water and create a consistent texture. The resulting butter is then subjected to various treatments such as vacuum treating, refining, and chilling to improve its shelf life and enhance its yellow color. The final product, AMF, is a fat concentrate with a water content of less than 0.1%. Product differentiation is a key factor in the AMF market. Manufacturers focus on producing AMF with specific characteristics, such as texture, color, and nutritional content, to cater to various industries and applications. For instance, AMF used in baking applications requires a different texture and color compared to AMF used in frying applications.

Moreover, the nutritional benefits of AMF are significant. It is rich in vitamins A, D, E, and K2, which are essential for bone health, arthritis prevention, and immune system support. AMF is also used in the production of recombined dairy products, soups and sauces, and in various culinary applications such as frying, deep frying, roasting, grilling, sauce-making, and baking. In the production of shortbread, AMF is used to create a distinctive texture and flavor. In the baking industry, AMF is used as a replacement for traditional butter in various applications, including laminated products, cakes, and pastries. The use of AMF in these applications provides several advantages, including improved texture, longer shelf life, and consistent performance.

Also, the demand for AMF is driven by its unique properties and nutritional benefits. The market for AMF is expected to grow due to its increasing use in various industries, including food and beverage, pharmaceuticals, and cosmetics. The production of AMF requires significant capital investment in specialized machinery and raw materials, making it a niche market with high barriers to entry. In conclusion, the AMF market is driven by the unique properties and nutritional benefits of this high-value dairy ingredient. The production process involves significant capital investment in specialized machinery and raw materials, resulting in a product with a high water content and consistent texture and color.

In conclusion, the demand for AMF is expected to grow due to its increasing use in various industries, making it a niche market with high growth potential. Key applications of AMF include baking, frying, and the production of recombined dairy products, soups and sauces. The nutritional benefits of AMF, including its rich content of vitamins and minerals, make it an attractive ingredient for various industries and applications.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Distribution Channel

  Offline
  Online


Product

  Conventional
  Organic


Geography

  APAC

    China
    India


  Europe

    Germany
    UK


  North America

    US


  South America



  M

The global anhydrous milk fat market size reached USD 3.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.3 Billion by 2033, exhibiting a growth rate (CAGR) of 6.2% during 2025-2033. The growing trend of consuming dairy-based diets, increasing number of fast-food chains, restaurants, cafes, and hotels serving flavorful dishes, and the rising popularity of fusion food among the masses represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 3.1 Billion
Market Forecast in 2033	USD 5.3 Billion
Market Growth Rate 2025-2033	6.2%

IMARC Group provides an analysis of the key trends in each sub-segment of the global anhydrous milk fat (butter oil) market report, along with forecasts at the global and regional level from 2025-2033. Our report has categorized the market based on end-use.

Butter Oil Market Outlook

According to our latest research, the global butter oil market size reached USD 3.85 billion in 2024, reflecting robust demand across various food and beverage sectors. The market is projected to grow at a CAGR of 5.4% from 2025 to 2033, reaching an estimated USD 6.13 billion by 2033. This growth trajectory is primarily driven by rising consumption of premium dairy ingredients, expanded application in bakery and confectionery products, and increasing preference for natural fat-based products due to evolving consumer health perceptions.

One of the principal growth factors for the butter oil market is the surge in demand for high-quality dairy fats in the food processing industry. Butter oil, known for its rich flavor and superior shelf stability compared to traditional butter, is increasingly favored by manufacturers of bakery goods, confectionery, and ready-to-eat products. The rising trend of clean-label and minimally processed foods has further propelled the use of butter oil as a natural fat substitute, especially in premium and artisanal product lines. Additionally, the expansion of the global bakery and confectionery sector, particularly in emerging economies, continues to bolster the demand for butter oil as a key ingredient, supporting sustained market growth.

Another significant driver is the growing application of butter oil in infant formula and specialized dairy products. As consumers become more health-conscious and seek products with high nutritional value, butter oil’s rich profile of fat-soluble vitamins and essential fatty acids positions it as a preferred choice for infant nutrition manufacturers. Regulatory approvals and advancements in dairy processing technologies have enabled producers to maintain the nutritional integrity and quality of butter oil, further expanding its application in the rapidly growing infant formula market. Moreover, the increasing demand for dairy ingredients in food service and HoReCa (Hotels, Restaurants, and Catering) sectors has also contributed to the market’s positive outlook, as these industries prioritize quality and flavor in their offerings.

The evolving global dietary landscape, characterized by rising disposable incomes, urbanization, and shifting consumer preferences towards Western-style diets, has significantly influenced butter oil consumption patterns. Particularly in Asia Pacific and Latin America, the growing middle-class population and their increasing exposure to international cuisines have led to heightened demand for dairy-based ingredients, including butter oil. Additionally, the expansion of organized retail and e-commerce platforms has improved product accessibility, further driving market penetration. The proliferation of specialty stores and online retail channels has enabled consumers to access a wider variety of butter oil products, fueling market growth across both developed and emerging regions.

Regionally, Europe remains the dominant market for butter oil, accounting for the largest share in 2024, primarily due to its well-established dairy industry and high per capita consumption of dairy fats. North America closely follows, buoyed by strong demand from the bakery, confectionery, and food service sectors. Meanwhile, Asia Pacific is emerging as the fastest-growing region, driven by rising consumer awareness, expanding food processing industries, and increasing adoption of Western dietary habits. Latin America and the Middle East & Africa are also witnessing steady growth, supported by urbanization and the proliferation of modern retail formats. These regional trends underscore the global appeal and versatile application of butter oil across diverse end-user segments.

Product Type Analysis

The butter oil market is segmented by product type into anhydrous butter oil and regular butter oil, each serving distinct market needs and applications. Anhydrous butter oil, characterized by its exceptionally low moisture content (less than 0.1%), is highly sought after in food manufacturing and processing due to its extended shelf life and stability under varying storage conditions. This variant is predominantly utilized in large-scale food production, including bakery, confectionery, and infant formula manufacturing, where consistent quality and long-term storage are critical. The demand for anhydrous butter oil is further amplified by its suitability for export and international trade, as it is less susceptible to spoilage during transportation.

The global anhydrous milk fat (butter oil) market size reached around USD 4.31 Billion in 2024. The market is projected to grow at a CAGR of 11.60% between 2025 and 2034 to reach nearly USD 12.92 Billion by 2034.

Global Anhydrous Butter Oil market size 2025 is $1567.8 Million whereas according out published study it will reach to $2369.83 Million by 2033. Anhydrous Butter Oil market will be growing at a CAGR of 5.3% during 2025 to 2033.

Product Type: Standard Butter: The most common type of butter, used in various culinary applications, including cooking, baking, and as a condiment. Clarified Butter: Also known as ghee, clarified butter has a higher smoke point and longer shelf life, making it ideal for high-temperature cooking and frying. Whipped Butter: A lighter and airier version of butter, whipped butter is often used as a spread or topping. Others: Specialty butters infused with flavors or made from alternative milk sources, such as almond butter, coconut butter, and plant-based butters. Category: Salted Butter: Butter with added salt, enhancing its flavor and preservation. Unsalted Butter: Butter without salt, allowing for customization of flavor and salt content. Form: Spreads: Butter in a spreadable form, making it convenient for use as a condiment or topping. Liquid/Oil: Butter in liquid form, used in cooking and baking for its versatility and ease of incorporation. Blocks: Butter in solid blocks, suitable for cutting and portioning. Others: Butter in unique forms, such as cubes, disks, or sticks. End-Use: Food Processing: Butter used as an ingredient in the manufacture of various food products, such as baked goods, pastries, sauces, and dairy products. Food Service: Butter used in restaurants, cafes, and other food service establishments for cooking, baking, and as a condiment. Food Retail: Butter sold in supermarkets, convenience stores, and other retail outlets for home consumption. Recent developments include: For instance, October 2022 the natural nut butter company EATNUF from Singapore intended to enter Malaysia and China in 2023. By 2023, the company plans to begin offering black sesame seed spread alongside its traditional almond and cashew nut butter on online shopping platforms., For instance, June 2022 Cavin's brand, a reputable FMCG company with its corporate headquarters in Chennai, CavinKare, presented fresh butter to the market. Butter is now offered in two varieties from the brand frying butter and table butter.. Key drivers for this market are: .1 Increasing Health Consciousness, .2 High Demand For Healthy Breakfast Products; Industry Pitfalls & Challenges; .1 Shifting Food Consumption Trends; .2 Higher Prices.

Anhydrous Butter Oil Market Outlook

The global anhydrous butter oil market size is poised for significant expansion, projected to reach a valuation of USD 3.5 billion by 2032, up from USD 2.1 billion in 2023, reflecting a compound annual growth rate (CAGR) of 5.5% over the forecast period. This notable growth trajectory is driven by increasing demand across various applications such as food and beverage, pharmaceuticals, and cosmetics, propelled by the product's long shelf life, rich nutrient profile, and functional versatility. The underpinnings of this market's expansion are multifaceted, encompassing dietary trends, industrial innovations, and evolving consumer preferences.

One of the primary growth factors for the anhydrous butter oil market is the rising consumer inclination towards high-quality, nutrient-rich food products. Anhydrous butter oil, known for its purity and rich taste, is increasingly being utilized in the food and beverage sector to enhance flavor and quality. The shift towards natural and organic ingredients in food products is also a significant contributor to this demand. As consumers become more health-conscious, there is a growing preference for ingredients that are free from artificial additives, preservatives, and trans fats, further boosting the market for anhydrous butter oil. Additionally, the trend towards keto and high-fat diets is augmenting the consumption of butter oil as it is perceived as a healthier alternative to other cooking oils.

The burgeoning cosmetics and personal care industry is another catalyst for the market's growth. Anhydrous butter oil is gaining traction as a key ingredient in cosmetic formulations due to its emollient properties and high concentration of essential fatty acids and vitamins. These attributes make it an ideal component in skincare products aimed at moisturizing and nourishing the skin. The increasing consumer awareness regarding the benefits of natural and organic skincare products is propelling the demand for butter oil in this segment. Furthermore, the ongoing research and development activities to explore new functionalities and applications of anhydrous butter oil in the cosmetics industry are likely to open new avenues for market growth.

In the pharmaceutical sector, anhydrous butter oil is witnessing a rise in demand due to its utility in the formulation of certain medications and nutraceuticals. Its high stability and nutritional content make it suitable for use in health supplements and fortified foods. The expanding pharmaceutical industry, coupled with the increasing consumer focus on preventive healthcare and wellness, is driving the incorporation of anhydrous butter oil in a variety of health-centric products. This trend, along with regulatory support for the use of natural ingredients in pharmaceuticals, is expected to provide significant momentum to market growth in the coming years.

Regionally, the Asia Pacific region is anticipated to witness the fastest growth in the anhydrous butter oil market, supported by the increasing consumption of dairy products and rising disposable incomes in developing countries. The burgeoning middle-class population in countries like China and India is exhibiting a heightened preference for premium food products, including those containing anhydrous butter oil. Additionally, the presence of large-scale food processing industries in the region is likely to fuel demand. North America and Europe continue to be substantial markets, driven by established food and beverage industries and a high level of consumer awareness regarding product benefits. Meanwhile, the Middle East & Africa and Latin America regions are expected to register steady growth, supported by increasing imports and expanding food service sectors.

Product Type Analysis

The anhydrous butter oil market has been segmented into two primary product types: organic and conventional. The organic segment is expected to witness significant growth during the forecast period, driven by the global shift towards organic food products. Consumers are increasingly opting for organic variants due to their perceived health benefits and environmental sustainability. Organic anhydrous butter oil is free from synthetic pesticides, hormones, and genetically modified organisms, making it a preferred choice for health-conscious consumers. This segment's growth is further supported by the increasing availability of organic products in retail channels and the efforts by manufacturers to obtain organic certifications, which add credibility and appeal to their product offerings.

Conversely, the

The anhydrous butter oil market is experiencing robust growth, driven by increasing demand from the food and beverage industry, particularly in confectionery, bakery, and dairy products. The rising preference for convenience foods and the growing global population are key factors fueling this expansion. Furthermore, anhydrous butter oil offers superior functionality compared to traditional butter, providing enhanced flavor, texture, and shelf life in various applications. This leads to increased adoption by food manufacturers seeking to improve product quality and extend their shelf life. While precise market sizing data is not available, considering a typical CAGR in the food ingredient sector of around 5-7% and a potential base year market size (2025) of $500 million (a reasonable estimation based on related markets), the market is projected to reach approximately $700 million by 2030 and beyond $800 million by 2033. This growth trajectory is supported by the ongoing expansion of the global food and beverage industry. Competitive pressures and fluctuations in dairy commodity prices are likely constraints. However, the increasing focus on product innovation and health-conscious consumers’ demand for natural and clean-label ingredients will likely sustain growth in the long term. The key players in the anhydrous butter oil market – Arla Foods Ingredients, FrieslandCampina, Uelzena Ingredients, Fonterra Co-operative Group, and others – are investing heavily in research and development to improve the quality and functionality of their products and expand their geographical reach. Geographic segmentation shows strong demand across North America and Europe, driven by established food manufacturing sectors. However, emerging markets in Asia-Pacific and Latin America are anticipated to show significant growth potential due to the rising disposable incomes and changing consumer preferences. The market is segmented primarily based on application (e.g., confectionery, bakery, dairy products) and geographical region, providing multiple opportunities for growth for various stakeholders within the value chain. Strategic partnerships, mergers, and acquisitions are anticipated to shape the competitive landscape in the coming years.

Forecast: Cocoa Butter, Fat and Oil Market Size Volume in Germany 2023 - 2027 Discover more data with ReportLinker!

The global flavored butter and oil market is expected to reach $3.45 billion by 2033, growing at a CAGR of 5.33% over the forecast period. Rising demand for convenience foods and the growing popularity of flavored butters and oils in home cooking and baking applications are key factors driving the market. Flavored butter and oils offer enhanced flavors and aromas, making them ideal for use in a wide range of culinary creations, from savory dishes to sweet treats. The increasing popularity of ethnic cuisines and the growing trend towards gourmet cooking are further contributing to the demand for flavored butter and oils. Geographically, North America and Europe are the largest markets for flavored butter and oils, with Asia Pacific emerging as a rapidly growing region. Key market trends include the growing preference for natural and organic ingredients, the demand for vegan and dairy-free butter and oil alternatives, and the rise of e-commerce as a distribution channel for flavored butter and oils. Major market players are focusing on product innovation and expanding their distribution networks to cater to the evolving needs of consumers. Additionally, the growing awareness of health and wellness is leading to increased demand for healthier flavored butter and oil options, such as those made with plant-based ingredients or reduced sodium and sugar content. Recent developments include: The Flavored Butter and Oil Market has recently witnessed significant developments, particularly with companies like Miyoko's Creamery and Unilever expanding their product lines to cater to the rising consumer demand for gourmet and plant-based options. Kraft Heinz has also been innovating with flavored oils to enhance culinary experiences, while Cargill continues to invest in sustainable sourcing to meet environmental standards. Notably, Land O'Lakes and McCormick have initiated collaborations to enhance their flavor profiles, appealing to a broader audience. Recently, there have been discussions of potential mergers in the sector, notably involving Savencia Fromage & Dairy and Arla Foods, although specific agreements have yet to be disclosed by major news outlets. The market is currently valued at several billion dollars and is expected to grow, driven by the increasing trend of home cooking and gourmet meals, directly impacting the future strategies of key players like Kerrygold, President, and Dairy Farmers of America. This growth emphasizes innovation, quality, and sustainability as primary focus areas to capture the evolving consumer preferences in the flavored butter and oil realm.. Key drivers for this market are: Rising demand for gourmet products, Increasing popularity of plant-based options; Growth in home cooking trends; Expansion of online retail channels; Innovative flavor combinations and formats. Potential restraints include: Rising consumer health consciousness, Increasing demand for gourmet products; Growth in foodservice sector; Innovations in flavor profiles; Expanding distribution channels.

Forecast: Cocoa Butter, Fat and Oil Market Size Value in Germany 2024 - 2028 Discover more data with ReportLinker!

The Global Shorea Stenoptera Seed Butter Market is projected to grow at a CAGR of 6.7% during the forecast period 2021- 2028. The major driving factor for this growth is the increasing demand from various application segments in different regions across the globe.

Shorea Stenoptera Seed Butter is a fruit butter. It can be derived from the seed, seed kernel, or nut of the Shorea stenoptera (sal) tree that belongs to the family Dipterocarpaceae. It has many names like sal seed butter, kacang botol and serai putih oil. Shorea stenopterani trees are found in South-East Asia regions such as Malaysia and Indonesia where it grows wild. The plant also exists naturally in some parts of India and Myanmar countries too.

On the basis of Type, Global Shorea Stenoptera Seed Butter Market is segmented into Organic Oil, Conventional Oil.

Organic Oil:

Organic oil is derived from the seed of the Shorea stenoptera tree, which comes under the family Diptercarpaceae. The seeds are roasted and ground to extract Organic Oil. It has a light yellow color with a mild coconut-like smell & taste. Organic Oil is obtained from organic matter, such as plants and seeds. It can be used in manufacturing soaps, skincare products, and cosmetics.

Conventional Oil:

Shorea Stenoptera Seed Butter can also be extracted by solvent extraction method using Hexane as extracting agents in Conventional oil production process. This type of oil possesses excellent skin penetration properties that help it act as an emollient agent for skincare products like creams, lotions, etc. It exhibits good oxidative stability at elevated temperature thus allowing its use up to 200°C (392°F) without causing degradation or polymerization during processing. It is used in cosmetics, skincare products, and pharmaceutical preparations to emulsify oily substances into water-based formulations.

On the basis of Application, Global Shorea Stenoptera Seed Butter Market is segmented into Cosmetics, Skin Care, Other.

Cosmetics:

Shorea Stenoptera Seed Butter is primarily used in the cosmetics industry for moisturizing and conditioning purposes. It has high oxidative stability, which makes it an excellent emollient agent to be blended with other ingredients like surfactants. Cosmetic products having Shorea stenoptera seed butter include sunscreens, lotions, creams & ointments, etc.

Skin Care:

Shorea Stenoptera Seed Butter is also used in various skincare products like cleansers, toners, moisturizers, and anti-aging creams. It can be applied topically to condition & soften the skin as well as protect it from harsh environmental conditions. Skincare formulations containing Shorea stenoptera seed butter include face packs, facial scrubs, etc., which are primarily designed for dryness excesses of the facial epidermis due to weather changes or aging factors. Other applications of this oil include shampoos & other hair care items.

On the basis of Region, Global Shorea Stenoptera Seed Butter Market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

North America: In North America, the market for Shorea Stenoptera Seed Butter is driven by factors such as increasing demand from cosmetics and skincare products. The product can be used in hair care items like conditioners & shampoos, etc., which has led to its increased usage across this region.

Europe: In Europe, the market for Shorea Stenoptera Seed Butter is driven by factors such as increasing demand from cosmetics and skincare products across this region. The product can be used in hair care items like conditioners & shampoos, etc., which has led to its increased usage across this region.

Latin America: Latin America is expected to witness a high growth rate during the forecast period on account of factors such as rising disposable income levels due to economic stability across various countries resulting in improved standards of living will drive the market for Shorea Stenoptera Seed Butter over the next few years.

APAC: APAC is expected to witness a high growth rate during the forecast period on account of factors such as rising disposable income levels due to economic stability across various countries resulting in improved standards of living will drive the market for Shorea Stenoptera Seed Butter over the next few years.

Middle East & Africa (MEA): MEAs are believed to be one of the leading consumers for cosmetics & skincare products, thus driving Market G

The anhydrous butter oil market is experiencing robust growth, driven by increasing demand from the food and beverage industry, particularly in bakery, confectionery, and dairy products. The market's expansion is fueled by the superior functionalities of anhydrous butter oil, including its high melting point, excellent flavor, and extended shelf life compared to butter. This makes it a preferred ingredient for enhancing the texture, taste, and stability of various food items. The growing consumer preference for convenient and ready-to-eat meals further contributes to the market's growth. While precise market size figures aren't provided, assuming a conservative CAGR of 5% based on similar dairy ingredient markets, and a 2025 market value of $500 million, the market is projected to reach approximately $650 million by 2026 and continue its upward trajectory. This growth is anticipated across various regions, with North America and Europe likely dominating market share due to established food processing industries and higher consumer spending on premium food products. However, emerging economies in Asia-Pacific are expected to witness significant growth potential driven by rising disposable incomes and changing dietary patterns. Challenges for market growth include fluctuations in dairy prices and increasing competition from alternative fat sources such as vegetable oils. Sustainability concerns related to dairy farming practices also pose a challenge. Companies like Arla Foods Ingredients, FrieslandCampina, and Fonterra are leading the market, utilizing their established distribution networks and technological advancements to maintain a strong position. Future market growth will depend on innovative product developments, sustainable sourcing initiatives, and strategic collaborations across the value chain. The focus on healthier and natural ingredients within the food and beverage industry presents both challenges and opportunities, demanding manufacturers to adopt sustainable practices and cater to evolving consumer preferences. The market's trajectory is set to remain positive, fueled by consistent demand and ongoing improvements in processing technology.

The global nutmeg butter market is approximated at a value of US$ 35.9 million for 2024, as per a new industry analysis published by Fact.MR. Worldwide demand for nutmeg butter is projected to increase at a CAGR of 5.6% and reach a market value of US$ 61.8 million by the end of 2034.

Report Attributes	Details
Nutmeg Butter Market Size (2024E)	US$ 35.9 Million
Forecasted Market Value (2034F)	US$ 61.8 Million
Global Market Growth Rate (2024 to 2034)	5.6% CAGR
North America Market Share (2034F)	27.2%
South Korea Market Growth Rate (2024 to 2034)	7.5% CAGR
Market Share of Conventional Nutmeg Butter (2034F)	62.86%
Key Companies Profiled	Organic Pure Oil Rutvik Enterprises Nature Pure Extracts Inc. Proderna Biotech Pvt. Ltd. New Directions Aromatics Inc. Vedic Supercriticals & Biotechnologies Pvt. Ltd. Delaenzie Essentials Oils Botanic Universe Corp. Savonneries Ameritienne Cocojojo

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 7.3 Million
Growth Rate (2024 to 2034)	5.9% CAGR
Projected Value (2034F)	US$ 12.8 Million

Attribute	China
Market Value (2024E)	US$ 6.1 Million
Growth Rate (2024 to 2034)	6.2% CAGR
Projected Value (2034F)	US$ 11.2 Million

Category-wise Insights

Attribute	Conventional Nutmeg Butter
Segment Value (2024E)	US$ 23 Million
Growth Rate (2024 to 2034)	5.4% CAGR
Projected Value (2034F)	US$ 39 Million

Attribute	Hair Care
Segment Value (2024E)	US$ 11 Million
Growth Rate (2024 to 2034)	5.6% CAGR
Projected Value (2034F)	US$ 19 Million

Check out Market Research Intellect's Anhydrous Butter Oil Market Report, valued at USD 1.2 billion in 2024, with a projected growth to USD 1.8 billion by 2033 at a CAGR of 5.0% (2026-2033).

BASE YEAR	2024
HISTORICAL DATA	2019 - 2024
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2023	6.88(USD Billion)
MARKET SIZE 2024	7.21(USD Billion)
MARKET SIZE 2032	10.5(USD Billion)
SEGMENTS COVERED	Form ,Fat Content ,Packaging ,Application ,Distribution Channel ,Regional
COUNTRIES COVERED	North America, Europe, APAC, South America, MEA
KEY MARKET DYNAMICS	Increasing demand for convenience foods Health concerns driving demand for lowfat dairy products Innovation in packaging and processing technologies Growing ecommerce sales
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Danone S.A. ,IDMC Ltd. ,Kerry Group plc ,Saputo Inc. ,Amul ,Lactalis Group ,Milk Specialties Global ,Fonterra Cooperative Group Limited ,Nestlé S.A. ,FrieslandCampina ,DSM ,Dairy Farmers of America Inc. ,Land O'Lakes, Inc. ,Arla Foods
MARKET FORECAST PERIOD	2024 - 2032
KEY MARKET OPPORTUNITIES	Increasing demand for dairy products Growing health consciousness Expanding applications in food industry Rising disposable income in emerging economies Technological advancements in dairy processing
COMPOUND ANNUAL GROWTH RATE (CAGR)	4.81% (2024 - 2032)

The global raw almond butter market is experiencing robust growth, driven by increasing consumer demand for healthy and convenient snack options. The rising awareness of the nutritional benefits of almonds, including their high protein and fiber content, along with the growing popularity of plant-based diets, are key factors fueling market expansion. Furthermore, the versatility of raw almond butter, its use in various applications (from direct consumption to ingredient in baked goods and other food products), and its presence in both retail and food service channels contribute to its market appeal. Let's assume, for illustrative purposes, a 2025 market size of $800 million and a Compound Annual Growth Rate (CAGR) of 7% for the forecast period (2025-2033). This suggests a significant increase in market value over the coming years. This growth is expected to be driven by continued product innovation (e.g., flavored raw almond butters, organic options), expansion into new markets, and the increasing adoption of online retail channels. However, certain factors may restrain market growth. Price fluctuations in almond production due to weather patterns and supply chain disruptions could impact profitability. Furthermore, the increasing competition from other nut butters and spreads, and the potential for consumer preference shifts toward other healthy food alternatives, present challenges. Despite these potential headwinds, the market is anticipated to maintain a steady growth trajectory, primarily driven by the sustained demand for healthier food options and the growing popularity of raw almond butter as a versatile ingredient in various food and beverage applications. The segmentation of the market by application (retail, food service) and type (oil-added, oil-free) offers opportunities for specialized product development and targeted marketing strategies within this expanding market. Leading brands like Justin's, Barney Butter, and others play significant roles in shaping the market's trajectory through innovation and brand loyalty.

Global Illipe Butter market size 2025 was XX Million. Illipe Butter Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.