Product Code: FOOD2519
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