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.
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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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