Low-Calorie butter: Market Outlook
Growing awareness of the health benefits of the product, such as better digestion and weight management, is projected to increase market during the forecast period. Increasing health awareness and demand for healthier food items are also significant aspects anticipated to augment market growth of low calorie butter in the coming years.
The increased use of low calorie butter as a replacement for conventional butter also boosts market growth. In addition, continuous product innovation by key companies would lead to demand. For instance, in 2019, Cornell University Food Scientist developed a low-calorie butter spread consisting of 80 % water and tiny drops of milk fat and vegetable oil.
Low-calorie butter offers a range of psychological and health benefits, including obesity-related risks, weight loss and diabetes control, which are predicted to be key factors in rising market success.
The rising occurrence of cardiac arrest and obesity is also driving demand for low-calorie butter. In addition, manufacturers are developing different product types, such as non-spreads and spreads, which are likely to contribute to low-calorie butter market growth.
Low-calorie butter is low in fat and high in nutrients. It is also very beneficial for health-conscious customers who do not have time to work out regularly. This is likely to boost the demand for low-calorie butter market.
In addition, the number of fast food restaurants promoting and incorporating foods prepared with low calorie butter to their offerings has increased consumer inclination towards low-calorie butter, which has fueled the growth of low-calorie butter.
The low-calorie butter market is also witnessing significant demand from various end use industries such as bakery products, snacks, or ready-to-use products, driving the demand for global low-calorie butter market.
Work From Home Culture Due to Covid-19 Shifted Consumer Demand for Low-calorie Butter
Pursuing a healthy and balanced lifestyle is highlighted as a key trend, particularly as health is being pushed to the forefront in the midst of an ongoing outbreak of COVID-19.
Naturally, there is an increasing demand on the market for functional food products due to work from home culture, moderately processed foods, and low-calorie diets, as consumers plan to take advantage of healthy nutrition. Increased demand for low-calorie food owing to work from home culture triggering the demand for low-calorie butter market across the globe.
Among several changes in lifestyle, the Corona-induced lockdown is affecting snack cravings. As individuals remain constrained to homes, anxious and predicting what is to come next, ready-to-eat food products become individual’s instant companions, offering a sense of contentment as well as satisfaction.
As work from home needs more efficiency and recovery, there is nothing like a biscuit or a cracker, which is made from low-calorie butter that helps to relieve us from the immediate stress of work while offering mental stimulation. This shift towards low-calorie snacks due to work from home culture fueling the demand for low-calorie butter market.
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Low-Calorie Butter Market: Key Players
Some of the key players operating in the global low-calorie butter includes,
- Amul Milk Ltd.
- Finland Cheese Inc.
- Land O’Lakes Inc.
- Plugra European
- Organic Valley
- Kerrygold Inc.
- Vital Farms
- Horizon Organic
Low-Calorie Butter Market: Regional Analysis
Europe accounted for the significant share in the global market. The regional market is driven by high demand in countries such as France, the United Kingdom, Germany, Denmark and Switzerland. In addition, the strong presence of key companies in the region would have a positive impact on low-calorie market growth.
The Low-calorie Butter market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and information for every facet of the Low-calorie Butter market, including but not limited to: regional markets, product type, form, end use and distribution channel.
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The Study is a Source of Reliable Data on:
- Low-calorie Butter market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The Regional Analysis Covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The Low-calorie Butter market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Low-calorie Butter market report projects the attractiveness of each major segment over the forecast period.
An Adaptive Approach to Modern-day Research Needs
Highlights of the Low-Calorie Butter Market Report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the Low-calorie Butter market
- Recommendations to companies for strengthening their foothold in the Low-calorie Butter market
Low-calorie Butter: Market Segmentation
On the basis of product type, the global low-calorie butter market can be segmented as:
- Whipped Butter
- Standard Butter
- Clarified Butter
On the basis of form, the global low-calorie butter market can be segmented as:
On the basis of end use, the global low-calorie butter market can be segmented as:
- Food Processing
- Sauces, Dressings & Spreads
- Bakery & Confectionery
- Dairy & Frozen Desserts
- Food Service
- Food Retail
- Food Processing
On the basis of distribution channel, the global low-calorie butter market can be segmented as:
- Convenience Store
- Specialty Store
- Online Retail Stores
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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