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In March 2025, the average butter import price amounted to $8,204 per ton, surging by 8.6% against the previous month.
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Butter and Dairy Spreads Market Size Value in the UK, 2021 Discover more data with ReportLinker!
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Price for Butter and Dairy Spreads in the UK - 2023. Find the latest marketing data on the IndexBox platform.
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Butter fell to 4,185 EUR/T on December 1, 2025, down 2.11% from the previous day. Over the past month, Butter's price has fallen 19.52%, and is down 41.88% 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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Butter and Dairy Spreads Market Size Value Per Capita in the UK, 2023 Discover more data with ReportLinker!
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Butter and Ghee Price in the UK - 2023. Find the latest marketing data on the IndexBox platform.
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The UK butter market reached $1.1B in 2024, surging by 8.6% against the previous year. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2024: its value increased at an average annual rate of +2.6% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -1.0% against 2022 indices.
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Forecast: Butter and Dairy Spreads Market Size Value Per Capita in the UK 2023 - 2027 Discover more data with ReportLinker!
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TwitterThis statistic shows the value of butter exported from the United Kingdom (UK) from 2007 to 2023. In 2023, butter exports were valued at *** million British pounds. Additionally, the import value of butter in the United Kingdom can be found at the following.
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United Kingdom Retail Price Index: Food: Butter data was reported at 367.200 13Jan1987=100 in Jun 2018. This records a decrease from the previous number of 375.600 13Jan1987=100 for May 2018. United Kingdom Retail Price Index: Food: Butter data is updated monthly, averaging 167.950 13Jan1987=100 from Jan 1987 (Median) to Jun 2018, with 378 observations. The data reached an all-time high of 375.600 13Jan1987=100 in May 2018 and a record low of 98.800 13Jan1987=100 in Aug 1987. United Kingdom Retail Price Index: Food: Butter data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I011: Retail Price Index.
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Forecast: Butter and Dairy Spreads Market Size Value in the UK 2023 - 2027 Discover more data with ReportLinker!
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In November 2022, the cocoa butter price amounted to $4,427 per ton (CIF, United Kingdom), picking up by 2.7% against the previous month. Find out more about cocoa butter imports to the UK, including country-specific data and trends.
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The average cocoa butter export price stood at $17,106 per ton in March 2025, stabilizing at the previous month.
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The butter market size is forecast to increase by USD 10.9 billion, at a CAGR of 4.4% between 2024 and 2029.
The global butter market is experiencing a significant shift driven by evolving consumer preferences for natural, minimally processed dairy fats, a trend influenced by contemporary nutritional science. This move away from low-fat diets has enhanced the clean-label perception of butter. Concurrently, sustainability and traceability have become core market imperatives, influencing everything from raw milk sourcing standards to packaging solutions. Digital tracking technologies and verifiable proof of responsible production are becoming industry standards, impacting the entire supply chain. These dynamics are central to the anhydrous milk fat (BUTTER OIL) market and the broader butter market, shaping both product development and consumer trust.However, the industry contends with profound volatility in raw milk production, a challenge stemming from climatic extremes and escalating feed costs. This instability in raw material inputs leads to price instability and supply chain insecurity, affecting strategic planning for all stakeholders. This issue complicates inventory management and can influence decisions around reformulation with alternative fat sources or nut oils and butters. Addressing this core challenge is critical for maintaining competitiveness and reliability. The demand for product stewardship is rising, with a focus on both quality and sustainable sourcing from farm to consumer, including within the lactose-free butter market and mango butter market.
What will be the Size of the Butter Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019 - 2023 and forecasts 2025-2029 - in the full report.
Request Free SampleMarket dynamics are increasingly shaped by consumer health perceptions, which are steering demand toward specialized products. The development of lactose-free formulation is expanding the addressable consumer base, while the ongoing examination of milkfat composition analysis is enabling the creation of products with targeted nutritional profiles. This scientific focus also supports growth in related categories, such as the anhydrous milk fat (BUTTER OIL) market, where purity and functional properties are paramount.At the same time, ethical considerations are becoming central to brand value, with a strong emphasis on sustainable dairy farming and complete supply chain transparency. The principles of product stewardship are being applied from farm to consumer, influencing raw milk sourcing standards and demanding verifiable proof of responsible production. This trend is creating a clear distinction between commodity products and premium offerings that deliver on both quality and ecological credentials.Innovation is also occurring through artisanal production methods, which cater to a growing consumer segment seeking authentic and flavor-forward experiences. The rise of specialty butter products, including compound butter recipes and cultured varieties, is creating new avenues for value creation. These niche segments leverage unique flavor profiles and high-quality ingredients to command premium pricing, diversifying the market beyond traditional offerings.
How is this Butter Industry segmented?
The butter industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments. Distribution channelOfflineOnlineProductCultured butterUncultured butterOthersSourceAnimal-basedPlant-basedGrass-fedGeographyNorth AmericaUSCanadaMexicoSouth AmericaBrazilArgentinaColombiaEuropeGermanyUKFranceItalySpainThe NetherlandsAPACIndiaChinaJapanSouth KoreaAustraliaIndonesiaMiddle East and AfricaUAESouth AfricaTurkeyRest of World (ROW)
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period.The offline channel remains the primary distribution pathway, encompassing a diverse ecosystem of retail formats such as hypermarkets, supermarkets, and specialty food shops. This segment's dominance is sustained by its ability to offer immediate product access and the tactile inspection consumers often prefer for perishable goods. Competition for retail shelf space is intense, driving a need for strong brand visibility and effective in-store promotions to influence impulse purchases and maintain market share against private-label offerings.This channel's strength is rooted in providing sensory assurance and convenience, capitalizing on top-up shopping missions and immediate consumption needs. However, it faces challenges from rising operational costs and the need for sophisticated cold-chain logistics to minimize spoilage and manage inventory effectively.
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TwitterThis statistic displays the wholesale price of specific dairy products including butter, mild cheddar, skim milk powder and bulk cream in the United Kingdom (UK) from November 2014 to November 2018. As of November 2018, the price of butter was 3.75 thousand British pounds per tonne.
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Discover the latest predictions for the butter market in the UK, with an expected increase in consumption over the next decade. Market volume is projected to reach 247K tons by 2035, while market value is anticipated to reach $1.5B.
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United Kingdom Retail Price Index: Weights: Food: Butter data was reported at 1.000 Per 1000 in 2018. This stayed constant from the previous number of 1.000 Per 1000 for 2017. United Kingdom Retail Price Index: Weights: Food: Butter data is updated yearly, averaging 1.000 Per 1000 from Dec 1974 (Median) to 2018, with 45 observations. The data reached an all-time high of 8.000 Per 1000 in 1977 and a record low of 1.000 Per 1000 in 2018. United Kingdom Retail Price Index: Weights: Food: Butter data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I012: Retail Price Index: Weights.
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The butter market in the UK is expected to see continued growth over the next decade driven by increasing demand. Market performance is forecast to expand with a CAGR of +0.5% in volume and +2.0% in value from 2024 to 2035.
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TwitterMost milk produced in the UK is bought by dairies (registered ‘milk purchasers’) for processing. Defra runs a monthly survey in England and Wales to collect information on the volume, value and protein content of milk purchased from farms. Similar surveys are run in Scotland and Northern Ireland. Additional information is collected by the Rural Payments Agency (RPA) on the protein and butterfat content of the milk. The UK average farm-gate milk price, protein content and butterfat content is then calculated.
Data from the milk production and composition statistics are an invaluable evidence base for policy makers, academics and researchers. The data is also heavily relied upon by the UK dairy sector, as well as the AHDB. The milk production and composition data is used to understand the current state of the UK dairy sector, predict supply shortages and forecast future milk prices.
As part of our ongoing commitment to compliance with the https://code.statisticsauthority.gov.uk/">Code of Practice for Official Statistics we wish to strengthen our engagement with users of milk production and composition data and better understand the use made of them and the types of decisions that they inform. Consequently, we invite users to register as a user of the milk production and composition data, so that we can retain your details and inform you of any new releases and provide you with the opportunity to take part in user engagement activities that we may run. If you would like to register as a user of the milk production and composition data, please provide your details in the attached form.
Next update: see the statistics release calendar
For further information please contact:
julie.rumsey@defra.gov.uk
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Analysis of the UK cocoa butter market, forecasting growth to 137K tons by 2035. Covers consumption, production, import/export trends, key suppliers, and price dynamics.
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In March 2025, the average butter import price amounted to $8,204 per ton, surging by 8.6% against the previous month.