DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Butter Market - Growth, Trends and Forecasts (2016 - 2021)" report to their offering.
Butter is one of the vital ingredients of confectionary products. However, with the dropping prices of butter, the competition between substitute products has intensified. Amul is the first company that marketed butter in an international package. Amul butter occupies about 86% of the total butter market share in India. The demand for spreadable butter has been growing gradually in developing countries, as it is used in various food products.
The increase in demand for natural products, due to the rise in health consciousness, drives the growth of this market. A rise in the disposable incomes, especially in the developing countries, is another driver of this market. In developed countries, product innovation and the increase in home-baking drive the growth of the market. Availability of healthy alternatives to butter, such as margarine, along with government regulations in the production and distribution of butter restrain the market growth. Growing demand in developing countries can be considered as an opportunity for this market.
Some of the major players in the market include:
- Arla Foods UK Plc.
- Kraft Foods, Inc.
- Dean Foods Company
2. Research Approach & Methodology
3. Key Findings of the Study
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/g8933m/global_butter