Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Lactic
Butter Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Lactic Butter Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Lactic Butter Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Lactic Butter Market is offered. In accordance with the
report, the global Lactic Butter Market is projected to expand at a CAGR of xxx
% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Lactic Butter or
Cultured Butter has a tangy flavor and low moisture content and is prepared by
fermenting milk with lactic acid. It is used for baking, cooking, roasting or
as a spread.
Due to its fat
content i.e. 82%, creamy, buttery in flavor and high melting point than
ordinary butter, it is the most preferred choice for preparing pastries and
fluffy cakes, and is widely used in food processing industries like bakery and
confectionary especially in the region of Europe. Over the past few years,
there has been an increase in food service operators specially for bakery
products, due to high demand for European style bakery products. Also, there
has been a surge in café culture amongst millennials, and the trend of eating
outside food due easy availability, affordable prices and hectic lifestyles which
has in turn increased demand for lactic butter. However, the major factor that
may hamper the market for lactic butter globally is the rising awareness about
the negative effect of extreme consumption of butter on the body, due to which
consumers limit its use and prefer products with lesser calories and saturated
fats. Furthermore, with the stringent government rules and regulations such as
labelling, licensing and others on manufacturing and marketing of food products
are projected to hamper the growth of this industry further.
The region of
Europe has dominated the Lactic Butter market globally due to its demand in
European countries, along with sweet cream butter for pastries. Regions of
South Asia and Middle East have also witnessed demand of Lactic butter due to
high rise in café culture. However, due to lack of availability of lactic
butter in these regions, consumers have been pushed to find alternatives. Due
to high fat content in lactic butter, the people of North America use very less
of lactic butter in their recipes. However, manufacturers are now focusing on
reducing the fat content, thereby expecting demand in the regions of North
American market to increase considerably in the forecast period. A lot of
manufacturers are strategizing growth opportunities including product
approvals, acquisitions, collaborations, partnerships, launches, patents etc.
The key market players of lactic butter are expected to profitable growth
opportunities in the forecast period with the rising demand for this market
globally. Majority of organizations and associations are promoting the use of
lactic butter in food industry. Interfood S.A. with their presence in every
continent, ensures that their production is following international regulations
and standards.
Segment Covered:
This market
intelligence report on the global Lactic Butter Market encompasses market
segments based on application, type, form and country/regions.
In terms of Application, the global Lactic
Butter Market is segregated
into
§ Bakery Products
§ Confectionary
§ Dairy Products
§ Sauces & Soups
§ RTE Foods
§ Snacks
§ Meat Products
§ Others
In terms of Product Type, the global Lactic
Butter Market is segregated
into
§ Salter Lactic Butter
§ Unsalted Lactic Butter
By form, the global Lactic Butter Market is also classified into,
§ Blocks
§ Cubes
§ Spread
By distribution channel, the global Lactic
Butter Market is also
classified into,
§ Store Based Retailing
ü Hypermarkets / Supermarkets
ü Convenience Store
ü Mom & Pop Stores
ü Discount Stores
ü Food & Drink Specialty Store
ü Independent Small Groceries
ü Others
§ Online Retailing
By country/region, the global Lactic Butter Market has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Interfood B.V.
§ Numidia BV
§ Milky Holland
§ Foodcom S.A.
§ Dale Farm Ltd
§ Lactalis American Group Inc.
§ Fonterra Group
§ Glanbia Ireland
§ California Dairies Inc.
§ Lakeland Dairies Co-Op Society
§ Hoogwegt Group
§ Societe FIT and many more
Other players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Lactic Butter related investment & spending
and developments by major players of the market are tracked in this global
report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Lactic Butter Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Lactic Butter
Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Interfood, Numidia,
Milky Holland, Foodcom, Dale Farm Ltd., Lactalis American Group Ltd., Fonterra
Group, Glanbia Ireland, California Dairies, Lakeland Dairies, Hoogweft Group,
Societe FIT and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Lactic Butter
Market caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Lactic Butter
Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Lactic Butter Market
v
Identification
of key factors driving investment opportunities in the Lactic Butter Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your competitors’
business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants