2023
10
The Future of Butter and Margarine 2023
2023-05-15T11:00:49+01:00
REP9708F7B5_6679_4112_9395_23C2AA8BB898
2195
163252
[{"name":"Butter and Yellow Fats","url":"https:\/\/store.mintel.com\/industries\/food\/dairy\/butter-yellow-fats"}]
Report
en_GB
Brands have the opportunity to cash in on butter becoming worthy of social media buzz. Caroline Roux, Global Food & Drink Analyst…

The Future of Butter and Margarine 2023

£ 2,195 (Excl.Tax)

Description

The Future of Butter and Margarine 2023 is a global market report that covers the latest innovations and consumer trends across the global butter market in 2023. Our global future of butter and margarine market report identifies evolving areas, consumer attitudes, and important advances expected across regions like EMEA, APAC, and Americas over the next five years and beyond.

Global Butter Market Landscape

Butter Trends

Innovation in the global butter market grew 7% over the year to March 2023, and accounts for 74% of product launches in the butter and margarine category.

Margarine trends

Mintel records that the number of new margarine products decreased by 2% over the year to March 2023. Meanwhile, cooking oils are increasingly featuring serving suggestions on-pack to inspire consumers on usage occasions.

Global Butter & Margarine Market Trends in the Next Two Years

Butter trends

The viral butter board trend demonstrates that consumers find excitement in butter. Mintel outlines how brands can meet consumers’ need for uncompromising pleasure by using butter as a culinary canvas for a variety of textures and flavours, both sweet and savoury.

  • 46% of Indian consumers agree that adding butter to dishes make it more tasty.

Margarine trends

During inflationary times, margarine brands can help home cooks adapt and improvise with energy-efficient cooking and baking methods.

  • 27% of UK home cooks would limit their oven or hob cooking time to save money.

Global Butter Market in Five Years and Beyond

Start-ups are reimagining fat technologies to develop more sustainable and nutritious alternatives to common animal fat and palm oil, while being able to stay stable at high temperatures.

  • 52% of German consumers would pay more for butter or margarine made in an sustainable way.

To discover more about The Future of Butter and Margarine Market Report 2023, read The Future of Table Sauces and Oils Market Report 2023, or take a look at our extensive Global Butter Market Research.

Expert Analysis from a Food Specialist

This report, written by Caroline Roux, a leading analyst, delivers in-depth commentary and analysis to highlight current global butter market trends and add expert context to the numbers.

Brands have the opportunity to cash in on butter becoming worthy of social media buzz.

Caroline Roux - Global Analyst

Caroline Roux
Global Food & Drink Analyst

Table of Contents

  1. Where we are now

    • Graph 1: new butter, per select top claims, 2020-23
    • Graph 2: margarines and other blends, per select top claims, 2020-23
  2. in the next two years

    • Butter as a treat
    • Finding nutritional relevance
    • Graph 3: select factors when shopping for food, 2023
    • Inflation-proof cooking
  3. in five years and beyond

    About the report

    This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

    The consumer

    What They Want. Why They Want It.

    The Competitors

    Who’s Winning. How To Stay Ahead.

    The Market

    Size, Segments, Shares And Forecasts: How It All Adds Up.

    The Innovations

    New Ideas. New Products. New Potential.

    The Opportunities

    Where The White Space Is. How To Make It Yours.

    The Trends

    What’s Shaping Demand – Today And Tomorrow.

    Below is a sample report, understand what you are buying.

    Click to show report
    Future Of Sample Report

    Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.

    Trusted by companies. Big and small.

    Want to speak to us directly?

    Contact us with your enquiry and our expert global team can help.

    Get in touch