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Food & Beverages Global Butter and Margarine Supply, Demand and Key Producers, 2026-2032

  • RnM4669775
    • |
  • 22 January, 2026
    • |
  • Global
    • |
  • 152 Pages
    • |
  • GIR
    • |
  • Food & Beverages

The global Butter and Margarine market size is expected to reach $ 92390 million by 2032, rising at a market growth of 3.1% CAGR during the forecast period (2026-2032).
Butter is a dairy product that manufacturers make by churning cream or milk to separate the solid components from the liquid. People commonly use butter in cooking, baking, and as a spread. Margarine is a substitute for butter. Manufacturers make margarine from plant-based oils, such as canola oil, palm fruit oil, and soybean oil. Although butter and margarine have different components, both can contain large amounts of different fats.
In 2024, global Butter and Margarine production reached approximately 20308K MT, with an average global market price of around 3505 USD/MT.
The global butter and margarine market is experiencing a dynamic shift, influenced by evolving consumer preferences, health trends, and regional dietary habits. While butter has traditionally dominated the market, particularly in regions like Europe and North America, growing awareness about the health risks associated with high saturated fat consumption has prompted a gradual shift toward margarine and plant-based spreads. Margarine, often seen as a healthier alternative due to its lower saturated fat content, is gaining popularity, especially with the rise in veganism and plant-based diets. This shift is further supported by the introduction of fortified and functional margarine products that offer additional health benefits, such as omega-3 fatty acids and vitamins.
On the other hand, butter remains highly favored due to its natural and clean-label appeal, as consumers seek products with fewer additives and preservatives. Artisanal and organic butter varieties are witnessing increased demand, driven by the broader trend toward natural and premium food products. The Asia-Pacific region is emerging as a key growth area for both butter and margarine, fueled by rising disposable incomes and Western-style eating habits. Meanwhile, in developed regions like North America and Europe, the trend toward clean-label and health-conscious food products continues to shape the market. Overall, the butter and margarine market is expected to grow steadily, with an ongoing balance between indulgence, health-conscious choices, and regional preferences.
This report studies the global Butter and Margarine production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Butter and Margarine and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Butter and Margarine that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Butter and Margarine total production and demand, 2021-2032, (K MT)
Global Butter and Margarine total production value, 2021-2032, (USD Million)
Global Butter and Margarine production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global Butter and Margarine consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: Butter and Margarine domestic production, consumption, key domestic manufacturers and share
Global Butter and Margarine production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global Butter and Margarine production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global Butter and Margarine production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global Butter and Margarine market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Upfield, Bunge, NMGK Group, ConAgra, Wilmar-International, Fuji Oil, BRF, Yildiz Holding, Grupo Lala, NamChow, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Butter and Margarine market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (US$/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Butter and Margarine Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Butter and Margarine Market, Segmentation by Type:
Butter
Margarine
Global Butter and Margarine Market, Segmentation by Application:
Food Industry
Household
Companies Profiled:
Upfield
Bunge
NMGK Group
ConAgra
Wilmar-International
Fuji Oil
BRF
Yildiz Holding
Grupo Lala
NamChow
Cargill
COFCO
Uni-President
Mengniu Group
Yili Group
Land O‘lakes
Arla Foods
Lactails
Fonterra
Amul
Key Questions Answered:
1. How big is the global Butter and Margarine market?
2. What is the demand of the global Butter and Margarine market?
3. What is the year over year growth of the global Butter and Margarine market?
4. What is the production and production value of the global Butter and Margarine market?
5. Who are the key producers in the global Butter and Margarine market?
6. What are the growth factors driving the market demand?


1 Supply Summary

  • 1.1 Butter and Margarine Introduction
  • 1.2 World Butter and Margarine Supply & Forecast
    • 1.2.1 World Butter and Margarine Production Value (2021 & 2025 & 2032)
    • 1.2.2 World Butter and Margarine Production (2021-2032)
    • 1.2.3 World Butter and Margarine Pricing Trends (2021-2032)
  • 1.3 World Butter and Margarine Production by Region (Based on Production Site)
    • 1.3.1 World Butter and Margarine Production Value by Region (2021-2032)
    • 1.3.2 World Butter and Margarine Production by Region (2021-2032)
    • 1.3.3 World Butter and Margarine Average Price by Region (2021-2032)
    • 1.3.4 North America Butter and Margarine Production (2021-2032)
    • 1.3.5 Europe Butter and Margarine Production (2021-2032)
    • 1.3.6 Japan Butter and Margarine Production (2021-2032)
    • 1.3.7 China Butter and Margarine Production (2021-2032)
    • 1.3.8 Southeast Asia Butter and Margarine Production (2021-2032)
    • 1.3.9 Mid East & Africa Butter and Margarine Production (2021-2032)
    • 1.3.10 Australia Butter and Margarine Production (2021-2032)
  • 1.4 Market Drivers, Restraints and Trends
    • 1.4.1 Butter and Margarine Market Drivers
    • 1.4.2 Factors Affecting Demand
    • 1.4.3 Butter and Margarine Major Market Trends

2 Demand Summary

  • 2.1 World Butter and Margarine Demand (2021-2032)
  • 2.2 World Butter and Margarine Consumption by Region
    • 2.2.1 World Butter and Margarine Consumption by Region (2021-2026)
    • 2.2.2 World Butter and Margarine Consumption Forecast by Region (2027-2032)
  • 2.3 United States Butter and Margarine Consumption (2021-2032)
  • 2.4 China Butter and Margarine Consumption (2021-2032)
  • 2.5 Europe Butter and Margarine Consumption (2021-2032)
  • 2.6 Japan Butter and Margarine Consumption (2021-2032)
  • 2.7 South Korea Butter and Margarine Consumption (2021-2032)
  • 2.8 ASEAN Butter and Margarine Consumption (2021-2032)
  • 2.9 India Butter and Margarine Consumption (2021-2032)

3 World Manufacturers Competitive Analysis

  • 3.1 World Butter and Margarine Production Value by Manufacturer (2021-2026)
  • 3.2 World Butter and Margarine Production by Manufacturer (2021-2026)
  • 3.3 World Butter and Margarine Average Price by Manufacturer (2021-2026)
  • 3.4 Butter and Margarine Company Evaluation Quadrant
  • 3.5 Industry Rank and Concentration Rate (CR)
    • 3.5.1 Global Butter and Margarine Industry Rank of Major Manufacturers
    • 3.5.2 Global Concentration Ratios (CR4) for Butter and Margarine in 2025
    • 3.5.3 Global Concentration Ratios (CR8) for Butter and Margarine in 2025
  • 3.6 Butter and Margarine Market: Overall Company Footprint Analysis
    • 3.6.1 Butter and Margarine Market: Region Footprint
    • 3.6.2 Butter and Margarine Market: Company Product Type Footprint
    • 3.6.3 Butter and Margarine Market: Company Product Application Footprint
  • 3.7 Competitive Environment
    • 3.7.1 Historical Structure of the Industry
    • 3.7.2 Barriers of Market Entry
    • 3.7.3 Factors of Competition
  • 3.8 New Entrant and Capacity Expansion Plans
  • 3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World

  • 4.1 United States VS China: Butter and Margarine Production Value Comparison
    • 4.1.1 United States VS China: Butter and Margarine Production Value Comparison (2021 & 2025 & 2032)
    • 4.1.2 United States VS China: Butter and Margarine Production Value Market Share Comparison (2021 & 2025 & 2032)
  • 4.2 United States VS China: Butter and Margarine Production Comparison
    • 4.2.1 United States VS China: Butter and Margarine Production Comparison (2021 & 2025 & 2032)
    • 4.2.2 United States VS China: Butter and Margarine Production Market Share Comparison (2021 & 2025 & 2032)
  • 4.3 United States VS China: Butter and Margarine Consumption Comparison
    • 4.3.1 United States VS China: Butter and Margarine Consumption Comparison (2021 & 2025 & 2032)
    • 4.3.2 United States VS China: Butter and Margarine Consumption Market Share Comparison (2021 & 2025 & 2032)
  • 4.4 United States Based Butter and Margarine Manufacturers and Market Share, 2021-2026
    • 4.4.1 United States Based Butter and Margarine Manufacturers, Headquarters and Production Site (States, Country)
    • 4.4.2 United States Based Manufacturers Butter and Margarine Production Value (2021-2026)
    • 4.4.3 United States Based Manufacturers Butter and Margarine Production (2021-2026)
  • 4.5 China Based Butter and Margarine Manufacturers and Market Share
    • 4.5.1 China Based Butter and Margarine Manufacturers, Headquarters and Production Site (Province, Country)
    • 4.5.2 China Based Manufacturers Butter and Margarine Production Value (2021-2026)
    • 4.5.3 China Based Manufacturers Butter and Margarine Production (2021-2026)
  • 4.6 Rest of World Based Butter and Margarine Manufacturers and Market Share, 2021-2026
    • 4.6.1 Rest of World Based Butter and Margarine Manufacturers, Headquarters and Production Site (State, Country)
    • 4.6.2 Rest of World Based Manufacturers Butter and Margarine Production Value (2021-2026)
    • 4.6.3 Rest of World Based Manufacturers Butter and Margarine Production (2021-2026)

5 Market Analysis by Type

  • 5.1 World Butter and Margarine Market Size Overview by Type: 2021 VS 2025 VS 2032
  • 5.2 Segment Introduction by Type
    • 5.2.1 Butter
    • 5.2.2 Margarine
  • 5.3 Market Segment by Type
    • 5.3.1 World Butter and Margarine Production by Type (2021-2032)
    • 5.3.2 World Butter and Margarine Production Value by Type (2021-2032)
    • 5.3.3 World Butter and Margarine Average Price by Type (2021-2032)

6 Market Analysis by Application

  • 6.1 World Butter and Margarine Market Size Overview by Application: 2021 VS 2025 VS 2032
  • 6.2 Segment Introduction by Application
    • 6.2.1 Food Industry
    • 6.2.2 Household
  • 6.3 Market Segment by Application
    • 6.3.1 World Butter and Margarine Production by Application (2021-2032)
    • 6.3.2 World Butter and Margarine Production Value by Application (2021-2032)
    • 6.3.3 World Butter and Margarine Average Price by Application (2021-2032)

7 Company Profiles

  • 7.1 Upfield
    • 7.1.1 Upfield Details
    • 7.1.2 Upfield Major Business
    • 7.1.3 Upfield Butter and Margarine Product and Services
    • 7.1.4 Upfield Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.1.5 Upfield Recent Developments/Updates
    • 7.1.6 Upfield Competitive Strengths & Weaknesses
  • 7.2 Bunge
    • 7.2.1 Bunge Details
    • 7.2.2 Bunge Major Business
    • 7.2.3 Bunge Butter and Margarine Product and Services
    • 7.2.4 Bunge Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.2.5 Bunge Recent Developments/Updates
    • 7.2.6 Bunge Competitive Strengths & Weaknesses
  • 7.3 NMGK Group
    • 7.3.1 NMGK Group Details
    • 7.3.2 NMGK Group Major Business
    • 7.3.3 NMGK Group Butter and Margarine Product and Services
    • 7.3.4 NMGK Group Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.3.5 NMGK Group Recent Developments/Updates
    • 7.3.6 NMGK Group Competitive Strengths & Weaknesses
  • 7.4 ConAgra
    • 7.4.1 ConAgra Details
    • 7.4.2 ConAgra Major Business
    • 7.4.3 ConAgra Butter and Margarine Product and Services
    • 7.4.4 ConAgra Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.4.5 ConAgra Recent Developments/Updates
    • 7.4.6 ConAgra Competitive Strengths & Weaknesses
  • 7.5 Wilmar-International
    • 7.5.1 Wilmar-International Details
    • 7.5.2 Wilmar-International Major Business
    • 7.5.3 Wilmar-International Butter and Margarine Product and Services
    • 7.5.4 Wilmar-International Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.5.5 Wilmar-International Recent Developments/Updates
    • 7.5.6 Wilmar-International Competitive Strengths & Weaknesses
  • 7.6 Fuji Oil
    • 7.6.1 Fuji Oil Details
    • 7.6.2 Fuji Oil Major Business
    • 7.6.3 Fuji Oil Butter and Margarine Product and Services
    • 7.6.4 Fuji Oil Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.6.5 Fuji Oil Recent Developments/Updates
    • 7.6.6 Fuji Oil Competitive Strengths & Weaknesses
  • 7.7 BRF
    • 7.7.1 BRF Details
    • 7.7.2 BRF Major Business
    • 7.7.3 BRF Butter and Margarine Product and Services
    • 7.7.4 BRF Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.7.5 BRF Recent Developments/Updates
    • 7.7.6 BRF Competitive Strengths & Weaknesses
  • 7.8 Yildiz Holding
    • 7.8.1 Yildiz Holding Details
    • 7.8.2 Yildiz Holding Major Business
    • 7.8.3 Yildiz Holding Butter and Margarine Product and Services
    • 7.8.4 Yildiz Holding Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.8.5 Yildiz Holding Recent Developments/Updates
    • 7.8.6 Yildiz Holding Competitive Strengths & Weaknesses
  • 7.9 Grupo Lala
    • 7.9.1 Grupo Lala Details
    • 7.9.2 Grupo Lala Major Business
    • 7.9.3 Grupo Lala Butter and Margarine Product and Services
    • 7.9.4 Grupo Lala Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.9.5 Grupo Lala Recent Developments/Updates
    • 7.9.6 Grupo Lala Competitive Strengths & Weaknesses
  • 7.10 NamChow
    • 7.10.1 NamChow Details
    • 7.10.2 NamChow Major Business
    • 7.10.3 NamChow Butter and Margarine Product and Services
    • 7.10.4 NamChow Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.10.5 NamChow Recent Developments/Updates
    • 7.10.6 NamChow Competitive Strengths & Weaknesses
  • 7.11 Cargill
    • 7.11.1 Cargill Details
    • 7.11.2 Cargill Major Business
    • 7.11.3 Cargill Butter and Margarine Product and Services
    • 7.11.4 Cargill Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.11.5 Cargill Recent Developments/Updates
    • 7.11.6 Cargill Competitive Strengths & Weaknesses
  • 7.12 COFCO
    • 7.12.1 COFCO Details
    • 7.12.2 COFCO Major Business
    • 7.12.3 COFCO Butter and Margarine Product and Services
    • 7.12.4 COFCO Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.12.5 COFCO Recent Developments/Updates
    • 7.12.6 COFCO Competitive Strengths & Weaknesses
  • 7.13 Uni-President
    • 7.13.1 Uni-President Details
    • 7.13.2 Uni-President Major Business
    • 7.13.3 Uni-President Butter and Margarine Product and Services
    • 7.13.4 Uni-President Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.13.5 Uni-President Recent Developments/Updates
    • 7.13.6 Uni-President Competitive Strengths & Weaknesses
  • 7.14 Mengniu Group
    • 7.14.1 Mengniu Group Details
    • 7.14.2 Mengniu Group Major Business
    • 7.14.3 Mengniu Group Butter and Margarine Product and Services
    • 7.14.4 Mengniu Group Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.14.5 Mengniu Group Recent Developments/Updates
    • 7.14.6 Mengniu Group Competitive Strengths & Weaknesses
  • 7.15 Yili Group
    • 7.15.1 Yili Group Details
    • 7.15.2 Yili Group Major Business
    • 7.15.3 Yili Group Butter and Margarine Product and Services
    • 7.15.4 Yili Group Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.15.5 Yili Group Recent Developments/Updates
    • 7.15.6 Yili Group Competitive Strengths & Weaknesses
  • 7.16 Land O‘lakes
    • 7.16.1 Land O‘lakes Details
    • 7.16.2 Land O‘lakes Major Business
    • 7.16.3 Land O‘lakes Butter and Margarine Product and Services
    • 7.16.4 Land O‘lakes Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.16.5 Land O‘lakes Recent Developments/Updates
    • 7.16.6 Land O‘lakes Competitive Strengths & Weaknesses
  • 7.17 Arla Foods
    • 7.17.1 Arla Foods Details
    • 7.17.2 Arla Foods Major Business
    • 7.17.3 Arla Foods Butter and Margarine Product and Services
    • 7.17.4 Arla Foods Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.17.5 Arla Foods Recent Developments/Updates
    • 7.17.6 Arla Foods Competitive Strengths & Weaknesses
  • 7.18 Lactails
    • 7.18.1 Lactails Details
    • 7.18.2 Lactails Major Business
    • 7.18.3 Lactails Butter and Margarine Product and Services
    • 7.18.4 Lactails Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.18.5 Lactails Recent Developments/Updates
    • 7.18.6 Lactails Competitive Strengths & Weaknesses
  • 7.19 Fonterra
    • 7.19.1 Fonterra Details
    • 7.19.2 Fonterra Major Business
    • 7.19.3 Fonterra Butter and Margarine Product and Services
    • 7.19.4 Fonterra Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.19.5 Fonterra Recent Developments/Updates
    • 7.19.6 Fonterra Competitive Strengths & Weaknesses
  • 7.20 Amul
    • 7.20.1 Amul Details
    • 7.20.2 Amul Major Business
    • 7.20.3 Amul Butter and Margarine Product and Services
    • 7.20.4 Amul Butter and Margarine Production, Price, Value, Gross Margin and Market Share (2021-2026)
    • 7.20.5 Amul Recent Developments/Updates
    • 7.20.6 Amul Competitive Strengths & Weaknesses

8 Industry Chain Analysis

  • 8.1 Butter and Margarine Industry Chain
  • 8.2 Butter and Margarine Upstream Analysis
    • 8.2.1 Butter and Margarine Core Raw Materials
    • 8.2.2 Main Manufacturers of Butter and Margarine Core Raw Materials
  • 8.3 Midstream Analysis
  • 8.4 Downstream Analysis
  • 8.5 Butter and Margarine Production Mode
  • 8.6 Butter and Margarine Procurement Model
  • 8.7 Butter and Margarine Industry Sales Model and Sales Channels
    • 8.7.1 Butter and Margarine Sales Model
    • 8.7.2 Butter and Margarine Typical Distributors

9 Research Findings and Conclusion

    10 Appendix

    • 10.1 Methodology
    • 10.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Butter and Margarine. Industry analysis & Market Report on Butter and Margarine is a syndicated market report, published as Global Butter and Margarine Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Butter and Margarine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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