Report Summary
Liquid butter alternatives are used in many instances where the butter or margarine is substituted at a cost significantly lower than the butter and zero grams of trans-fat per servings. These products are extremely versatile as these will not burn, spatter, or scorch. The liquid butter alternatives are used as a butter alternative in the restaurant industry. Liquid butter alternatives are also known as phase oil. It is one of the common butter substitutes majorly used in restaurants and hotels. The primary use of the phase oil is frying, but these can be further used for baking and other recipes. Few of the benefits of the butter alternative driving the sales is the authentic buttery taste, the lightly salted formula, the high heat tolerance, convenience and the cost effectiveness.
Direct sales include HORECA and accounts for the largest share in the food industry. Hotels and restaurants are the major consumers for the liquid butter alternative. These are available through various raw materials such as canola, soybean, and others.
North America accounted for the largest owing to the eating habits of the consumers in the region.
The global Butter Alternatives market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2027, growing at a CAGR of xx% between 2021 and 2027.
This report studies the Butter Alternatives market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2021-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Butter Alternatives in these regions, from 2017 to 2027, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
- Cargill
- Wilmar
- Bunge Limited
- Venture Foods
- AAK Foodservice
- Peerless Holdings
By Product Type
- Palm Oil Type
- Lauric Oil Type
By Application
The study objectives of this report are:
- To study and analyze the global Butter Alternatives market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2020, and forecast to 2027.
- To understand the structure of Butter Alternatives market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global Butter Alternatives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Butter Alternatives with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Butter Alternatives submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Butter Alternatives are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Butter Alternatives market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
- Key Stakeholders
- Raw material suppliers
- Distributors/traders/wholesalers/suppliers
- Regulatory bodies, including government agencies and NGO
- Commercial research & development (R&D) institutions
- Importers and exporters
- Government organizations, research organizations, and consulting firms
- Trade associations and industry bodies
- End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Butter Alternatives market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.
Table Of Contents
Table of Contents
1 Butter Alternatives Market Overview
1.1 Butter Alternatives Product Overview
1.2 Butter Alternatives Market Segment by Type
1.2.1 Palm Oil Type
1.2.2 Lauric Oil Type
1.3 Global Butter Alternatives Market Size by Type
1.3.1 Global Butter Alternatives Sales and Growth by Type
1.3.2 Global Butter Alternatives Sales and Market Share by Type (2017-2020)
1.3.3 Global Butter Alternatives Revenue and Market Share by Type (2017-2020)
1.3.4 Global Butter Alternatives Price by Type (2017-2020)
2 Global Butter Alternatives Market Competition by Company
2.1 Global Butter Alternatives Sales and Market Share by Company (2017-2020)
2.2 Global Butter Alternatives Revenue and Share by Company (2017-2020)
2.3 Global Butter Alternatives Price by Company (2017-2020)
2.4 Global Top Players Butter Alternatives Manufacturing Base Distribution, Sales Area, Product Types
2.5 Butter Alternatives Market Competitive Situation and Trends
2.5.1 Butter Alternatives Market Concentration Rate
2.5.2 Global Butter Alternatives Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion
3 Butter Alternatives Company Profiles and Sales Data
3.1 Cargill
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 Butter Alternatives Product Category, Application and Specification
3.1.3 Cargill Butter Alternatives Sales, Revenue, Price and Gross Margin(2017-2020)
3.1.4 Main Business Overview
3.2 Wilmar
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 Butter Alternatives Product Category, Application and Specification
3.2.3 Wilmar Butter Alternatives Sales, Revenue, Price and Gross Margin(2017-2020)
3.2.4 Main Business Overview
3.3 Bunge Limited
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 Butter Alternatives Product Category, Application and Specification
3.3.3 Bunge Limited Butter Alternatives Sales, Revenue, Price and Gross Margin(2017-2020)
3.3.4 Main Business Overview
3.4 Venture Foods
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 Butter Alternatives Product Category, Application and Specification
3.4.3 Venture Foods Butter Alternatives Sales, Revenue, Price and Gross Margin(2017-2020)
3.4.4 Main Business Overview
3.5 AAK Foodservice
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 Butter Alternatives Product Category, Application and Specification
3.5.3 AAK Foodservice Butter Alternatives Sales, Revenue, Price and Gross Margin(2017-2020)
3.5.4 Main Business Overview
3.6 Peerless Holdings
3.6.1 Company Basic Information, Manufacturing Base and Competitors
3.6.2 Butter Alternatives Product Category, Application and Specification
3.6.3 Peerless Holdings Butter Alternatives Sales, Revenue, Price and Gross Margin(2017-2020)
3.6.4 Main Business Overview
4 Butter Alternatives Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Butter Alternatives Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global Butter Alternatives Sales and Revenue by Regions
4.2.1 Global Butter Alternatives Sales and Market Share by Regions (2017-2020)
4.2.2 Global Butter Alternatives Revenue and Market Share by Regions (2017-2020)
4.2.3 Global Butter Alternatives Sales, Revenue, Price and Gross Margin (2017-2020)
4.3 North America Butter Alternatives Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe Butter Alternatives Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific Butter Alternatives Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America Butter Alternatives Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa Butter Alternatives Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries
5 Butter Alternatives Application/End Users
5.1 Butter Alternatives Segment by Application
5.1.1 Household
5.1.2 Commercial
5.2 Global Butter Alternatives Product Segment by Application
5.2.1 Global Butter Alternatives Sales by Application
5.2.2 Global Butter Alternatives Sales and Market Share by Application (2017-2020)
6 Global Butter Alternatives Market Forecast
6.1 Global Butter Alternatives Sales, Revenue Forecast (2021-2027)
6.1.1 Global Butter Alternatives Sales and Growth Rate Forecast (2021-2027)
6.1.1 Global Butter Alternatives Revenue and Growth Rate Forecast (2021-2027)
6.2 Global Butter Alternatives Forecast by Regions
6.2.1 North America Butter Alternatives Sales and Revenue Forecast (2021-2027)
6.2.2 Europe Butter Alternatives Sales and Revenue Forecast (2021-2027)
6.2.3 Asia-Pacific Butter Alternatives Sales and Revenue Forecast (2021-2027)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America Butter Alternatives Sales and Revenue Forecast (2021-2027)
6.2.5 Middle East and Africa Butter Alternatives Sales and Revenue Forecast (2021-2027)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 Butter Alternatives Forecast by Type
6.3.1 Global Butter Alternatives Sales and Revenue Forecast by Type (2021-2027)
6.3.2 Palm Oil Type Gowth Forecast
6.3.3 Lauric Oil Type Gowth Forecast
6.4 Butter Alternatives Forecast by Application
6.4.1 Global Butter Alternatives Sales Forecast by Application (2021-2027)
6.4.2 Global Butter Alternatives Forecast in Household
6.4.3 Global Butter Alternatives Forecast in Commercial
7 Butter Alternatives Upstream Raw Materials
7.1 Butter Alternatives Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Butter Alternatives Industrial Chain Analysis
8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers
9 Research Findings and Conclusion
Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
Disclaimer
