About Liquid Butter Alternatives
Olive oil, coconut oil, safflower oil, and coconut butter are some of the most used Liquid butter alternatives. Liquid butter alternatives are used in primary cases 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 spatter, or scorch and not burn. The liquid butter alternatives are used as a butter alternative in the restaurant industry and this has led to significant growth of the liquid butter alternatives market over the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Vendors having a strong hold in the market are Cargill, Incorporated, Wilmar International Ltd, Bunge Limited, and Ventura Foods. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Liquid Butter Alternatives market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill, Incorporated (United States), Wilmar International Ltd (Singapore), Bunge Limited (United States), Ventura Foods (United States), AAK Foodservice (United States), Peerless Holdings Pty Ltd (Australia), AAK.com (Sweden), Butter Buds Inc. (United States) and US FOODS, INC. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Liquid Butter Alternatives market by Type (Palm Oil and Lauric Oil), Application (Household and Commercial) and Region.
On the basis of geography, the market of Liquid Butter Alternatives has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Liquid Butter Alternatives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Increasing Demand for Low Cholesterol Food From the Urban Area and Rising Food Industry In Emerging Economies
Challenges:
Increasing use of Hazardous Ingredient just for Cost-Cutting in the Restaurant and Food Chains
Restraints:
Presence of a Number of Unhealthy Ingredients in the Phase Oil
Opportunities:
Innovative Products Launched by the Manufacturers creates Opportunities for Market
Market Leaders and their expansionary development strategies
In November 28, 2023, Bunge introduced Beleaf PlantBetter, a novel plant-based alternative for traditional butter to satisfy the growing demand for environmentally responsible and cost efficient dairy replacements.
On 18, July 2019, Bunge Limited has announced the official opening of a new edible oil processing facility in China. Located in Xiamen, within the Fujian region of Southern China, the new facility expands BLC’s ability to deliver plant-based specialty oils and fats ingredients for the food and foodservice industry to meet growing demand in China, while also serving customers around the world.
Key Target Audience
Liquid Butter Alternatives Manufacturers, Food And Beverage Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.