Plant Based Butter Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2031


Posted May 23, 2024 by mansi3210

The global plant based butter market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period.

 
The global plant based butter market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period. Increasing awareness regarding animal cruelty and its unfavorable environmental effect is expected to support industry growth as well as market growth over the forecast period. Major reason behind the increasing adoption of plant-based alternatives is social and environmental values that they offer. Organizations which work for animal rights and are aware of how animals are handled in the making of goods, have created a change in consumer preferences. This has created opportunities for clean label, organic plant-based butter alternatives in the market. Along with the awareness regarding animal cruelty there is also huge media exposure on the effects of dairy and meat product production on climate. 

Plant-based spreads have a lower impact than dairy butter in terms of climate, water, and land usage. According to University of California, shifting away from animal-based foods add up to 49% to the global food supply without expanding croplands and also significantly reduce carbon emissions and waste by products that end up in the oceans. This has led the manufacturers in the industry to create more sustainable foods, without sacrificing taste.  For instance, in 2021, Upfield introduced Flora Plant-Based Bricks as an alternative to dairy butter. The company claims that the butter is made with sustainably-sourced plant oils and is wrapped in plastic-free, paper packaging. Flora Plant-Based Bricks are an ideal vegan choice for consumers looking to reduce their imprint on planet by choosing foods produced with sustainably-sourced ingredients without sacrificing great taste.

To Request a Sample of our Report on Plant Based Butter Market:  https://www.omrglobal.com/request-sample/plant-based-butter-market

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By Application
By Distribution Channel

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Califia Farms LP, Conagra Brands, Inc. (Earth Balance), Melt Organic – Prosperity Organic Foods, Inc., The Sneaky Chef Foods, LLC, Upfield Europe B.V. (Country Crock), and others. 

 Plant Based Butter Market Report Segment

By Source

Plant-based Milk
Almond
Coconut
Olive oil
Canola
Palm Fruit
Others

By Application

Food and Beverage Industry
Foodservice Industry
Household

By Distribution Channel

Online Distribution
Offline Distribution

A full Report of Plant Based Butter Market is Available @  https://www.omrglobal.com/industry-reports/plant-based-butter-market

 Plant Based Butter Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Company Profiles 

Betterthanorganic Pvt Ltd
Bubble Superfoods
Conagra Brands, Inc. (Smart Balance)
FITSHIT Health Solutions Pvt Ltd
Forager Project
Goodmylk
JEM Organics
Jus Amazin Food and Beverages Pvt. Ltd.
Kite Hill
Land O’Lakes, Inc.
Milkadamia
Miyoko's Kitchen
Nuts For Cheese
Nutiva Inc.
Om Sweet Home
Organic Love And Light
Tribe 9 Foods (Yumbutter)
Upfield Europe B.V. (I Can’t Believe it’s not Butter)
Upfield Europe B.V. (Pure Blends)
WayFare
wildbrine

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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

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Issued By Mansi
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Categories Food , Industry , Manufacturing
Last Updated May 23, 2024