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Global Milk and Butter Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Milk and Butter Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Milk-dairy
    • 1.3.3 Butter
  • 1.4 Market Analysis by Processing
    • 1.4.1 Overview: Global Milk and Butter Consumption Value by Processing: 2021 Versus 2025 Versus 2032
    • 1.4.2 Pasteurized
    • 1.4.3 UHT (Ultra-High Temperature)
    • 1.4.4 Microfiltered
  • 1.5 Market Analysis by Marketing Channel
    • 1.5.1 Overview: Global Milk and Butter Consumption Value by Marketing Channel: 2021 Versus 2025 Versus 2032
    • 1.5.2 Offline
    • 1.5.3 Online
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global Milk and Butter Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Retail
    • 1.6.3 Foodservice
  • 1.7 Global Milk and Butter Market Size & Forecast
    • 1.7.1 Global Milk and Butter Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global Milk and Butter Sales Quantity (2021-2032)
    • 1.7.3 Global Milk and Butter Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 Nestle
    • 2.1.1 Nestle Details
    • 2.1.2 Nestle Major Business
    • 2.1.3 Nestle Milk and Butter Product and Services
    • 2.1.4 Nestle Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Nestle Recent Developments/Updates
  • 2.2 Lactalis
    • 2.2.1 Lactalis Details
    • 2.2.2 Lactalis Major Business
    • 2.2.3 Lactalis Milk and Butter Product and Services
    • 2.2.4 Lactalis Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Lactalis Recent Developments/Updates
  • 2.3 Danone
    • 2.3.1 Danone Details
    • 2.3.2 Danone Major Business
    • 2.3.3 Danone Milk and Butter Product and Services
    • 2.3.4 Danone Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Danone Recent Developments/Updates
  • 2.4 Fonterra
    • 2.4.1 Fonterra Details
    • 2.4.2 Fonterra Major Business
    • 2.4.3 Fonterra Milk and Butter Product and Services
    • 2.4.4 Fonterra Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Fonterra Recent Developments/Updates
  • 2.5 FrieslandCampina
    • 2.5.1 FrieslandCampina Details
    • 2.5.2 FrieslandCampina Major Business
    • 2.5.3 FrieslandCampina Milk and Butter Product and Services
    • 2.5.4 FrieslandCampina Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 FrieslandCampina Recent Developments/Updates
  • 2.6 Dairy Farmers of America
    • 2.6.1 Dairy Farmers of America Details
    • 2.6.2 Dairy Farmers of America Major Business
    • 2.6.3 Dairy Farmers of America Milk and Butter Product and Services
    • 2.6.4 Dairy Farmers of America Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Dairy Farmers of America Recent Developments/Updates
  • 2.7 Arla Foods
    • 2.7.1 Arla Foods Details
    • 2.7.2 Arla Foods Major Business
    • 2.7.3 Arla Foods Milk and Butter Product and Services
    • 2.7.4 Arla Foods Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Arla Foods Recent Developments/Updates
  • 2.8 Saputo
    • 2.8.1 Saputo Details
    • 2.8.2 Saputo Major Business
    • 2.8.3 Saputo Milk and Butter Product and Services
    • 2.8.4 Saputo Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Saputo Recent Developments/Updates
  • 2.9 Yili
    • 2.9.1 Yili Details
    • 2.9.2 Yili Major Business
    • 2.9.3 Yili Milk and Butter Product and Services
    • 2.9.4 Yili Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Yili Recent Developments/Updates
  • 2.10 Mengniu
    • 2.10.1 Mengniu Details
    • 2.10.2 Mengniu Major Business
    • 2.10.3 Mengniu Milk and Butter Product and Services
    • 2.10.4 Mengniu Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Mengniu Recent Developments/Updates
  • 2.11 Muller Group
    • 2.11.1 Muller Group Details
    • 2.11.2 Muller Group Major Business
    • 2.11.3 Muller Group Milk and Butter Product and Services
    • 2.11.4 Muller Group Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Muller Group Recent Developments/Updates
  • 2.12 Amul
    • 2.12.1 Amul Details
    • 2.12.2 Amul Major Business
    • 2.12.3 Amul Milk and Butter Product and Services
    • 2.12.4 Amul Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Amul Recent Developments/Updates
  • 2.13 Meiji
    • 2.13.1 Meiji Details
    • 2.13.2 Meiji Major Business
    • 2.13.3 Meiji Milk and Butter Product and Services
    • 2.13.4 Meiji Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Meiji Recent Developments/Updates
  • 2.14 DFA (Dean Foods)
    • 2.14.1 DFA (Dean Foods) Details
    • 2.14.2 DFA (Dean Foods) Major Business
    • 2.14.3 DFA (Dean Foods) Milk and Butter Product and Services
    • 2.14.4 DFA (Dean Foods) Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 DFA (Dean Foods) Recent Developments/Updates
  • 2.15 DMK
    • 2.15.1 DMK Details
    • 2.15.2 DMK Major Business
    • 2.15.3 DMK Milk and Butter Product and Services
    • 2.15.4 DMK Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 DMK Recent Developments/Updates
  • 2.16 Sodiaal
    • 2.16.1 Sodiaal Details
    • 2.16.2 Sodiaal Major Business
    • 2.16.3 Sodiaal Milk and Butter Product and Services
    • 2.16.4 Sodiaal Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Sodiaal Recent Developments/Updates
  • 2.17 Agropur
    • 2.17.1 Agropur Details
    • 2.17.2 Agropur Major Business
    • 2.17.3 Agropur Milk and Butter Product and Services
    • 2.17.4 Agropur Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 Agropur Recent Developments/Updates
  • 2.18 Schreiber Foods
    • 2.18.1 Schreiber Foods Details
    • 2.18.2 Schreiber Foods Major Business
    • 2.18.3 Schreiber Foods Milk and Butter Product and Services
    • 2.18.4 Schreiber Foods Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 Schreiber Foods Recent Developments/Updates
  • 2.19 Ornua
    • 2.19.1 Ornua Details
    • 2.19.2 Ornua Major Business
    • 2.19.3 Ornua Milk and Butter Product and Services
    • 2.19.4 Ornua Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.19.5 Ornua Recent Developments/Updates
  • 2.20 Land O’ Lakes
    • 2.20.1 Land O’ Lakes Details
    • 2.20.2 Land O’ Lakes Major Business
    • 2.20.3 Land O’ Lakes Milk and Butter Product and Services
    • 2.20.4 Land O’ Lakes Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.20.5 Land O’ Lakes Recent Developments/Updates
  • 2.21 Organic Valley
    • 2.21.1 Organic Valley Details
    • 2.21.2 Organic Valley Major Business
    • 2.21.3 Organic Valley Milk and Butter Product and Services
    • 2.21.4 Organic Valley Milk and Butter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.21.5 Organic Valley Recent Developments/Updates

3 Competitive Environment: Milk and Butter by Manufacturer

  • 3.1 Global Milk and Butter Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Milk and Butter Revenue by Manufacturer (2021-2026)
  • 3.3 Global Milk and Butter Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Milk and Butter by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Milk and Butter Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Milk and Butter Manufacturer Market Share in 2025
  • 3.5 Milk and Butter Market: Overall Company Footprint Analysis
    • 3.5.1 Milk and Butter Market: Region Footprint
    • 3.5.2 Milk and Butter Market: Company Product Type Footprint
    • 3.5.3 Milk and Butter Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Milk and Butter Market Size by Region
    • 4.1.1 Global Milk and Butter Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Milk and Butter Consumption Value by Region (2021-2032)
    • 4.1.3 Global Milk and Butter Average Price by Region (2021-2032)
  • 4.2 North America Milk and Butter Consumption Value (2021-2032)
  • 4.3 Europe Milk and Butter Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Milk and Butter Consumption Value (2021-2032)
  • 4.5 South America Milk and Butter Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Milk and Butter Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Milk and Butter Sales Quantity by Type (2021-2032)
  • 5.2 Global Milk and Butter Consumption Value by Type (2021-2032)
  • 5.3 Global Milk and Butter Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Milk and Butter Sales Quantity by Application (2021-2032)
  • 6.2 Global Milk and Butter Consumption Value by Application (2021-2032)
  • 6.3 Global Milk and Butter Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Milk and Butter Sales Quantity by Type (2021-2032)
  • 7.2 North America Milk and Butter Sales Quantity by Application (2021-2032)
  • 7.3 North America Milk and Butter Market Size by Country
    • 7.3.1 North America Milk and Butter Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Milk and Butter Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Milk and Butter Sales Quantity by Type (2021-2032)
  • 8.2 Europe Milk and Butter Sales Quantity by Application (2021-2032)
  • 8.3 Europe Milk and Butter Market Size by Country
    • 8.3.1 Europe Milk and Butter Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Milk and Butter Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Milk and Butter Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Milk and Butter Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Milk and Butter Market Size by Region
    • 9.3.1 Asia-Pacific Milk and Butter Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Milk and Butter Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Milk and Butter Sales Quantity by Type (2021-2032)
  • 10.2 South America Milk and Butter Sales Quantity by Application (2021-2032)
  • 10.3 South America Milk and Butter Market Size by Country
    • 10.3.1 South America Milk and Butter Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Milk and Butter Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Milk and Butter Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Milk and Butter Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Milk and Butter Market Size by Country
    • 11.3.1 Middle East & Africa Milk and Butter Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Milk and Butter Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Milk and Butter Market Drivers
  • 12.2 Milk and Butter Market Restraints
  • 12.3 Milk and Butter Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Milk and Butter and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Milk and Butter
  • 13.3 Milk and Butter Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Milk and Butter Typical Distributors
  • 14.3 Milk and Butter Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Milk and Butter market size was valued at US$ 235300 million in 2025 and is forecast to a readjusted size of US$ 298890 million by 2032 with a CAGR of 3.5% during review period.
    Milk is an opaque white fluid which is rich in fat and protein, secreted by female mammals for the nourishment of their young.
    Butter is a solid dairy product made by churning fresh or fermented cream or milk, to separate the butterfat from the buttermilk. It is generally used as a spread on plain or toasted bread products and a condiment on cooked vegetables, as well as in cooking, such as baking, sauce making, and pan frying. Butter consists of butterfat, milk proteins and water.
    Most frequently made from cows' milk, butter can also be manufactured from the milk of other mammals, including sheep, goats, buffalo, and yaks.
    Market Drivers
    1. Supply-Demand Asymmetry (The Core Structural Driver)
    The Problem: Milk is produced 365 days/year. Consumption is seasonal. Cows cannot be turned off.
    The Solution: Industrial butter making = milk fat preservation. Butter is "stored sunshine"—converting peak-season surplus into shelf-stable, transportable fat.
    Driver: Global trade. Butter enables dairy deficit regions (Asia, Middle East) to consume surplus European/NZ fat.
    Result: Butter inventories are the primary buffer in global dairy markets.
    2. The "Butter Mountain" Reversal (2005–2015 vs. 2016–Present)
    Historical: EU butter intervention stocks (mountains). Product sold at loss to Russia, used in bakery.
    Inflection: 2016–2017. Global butter deficit. Prices tripled.
    Cause: Chinese demand recovery, European herd reduction, Middle East import substitution (Russia ban counter-sanctions).
    Driver: Shift from structural surplus to structural deficit of milk fat.
    Status: Tight supply. Butter price
    This report is a detailed and comprehensive analysis for global Milk and Butter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Milk and Butter market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2021-2032
    Global Milk and Butter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2021-2032
    Global Milk and Butter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2021-2032
    Global Milk and Butter market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2021-2026
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Milk and Butter
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Milk and Butter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nestle, Lactalis, Danone, Fonterra, FrieslandCampina, Dairy Farmers of America, Arla Foods, Saputo, Yili, Mengniu, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Milk and Butter market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Milk-dairy
    Butter
    Market segment by Processing
    Pasteurized
    UHT (Ultra-High Temperature)
    Microfiltered
    Market segment by Marketing Channel
    Offline
    Online
    Market segment by Application
    Retail
    Foodservice
    Major players covered
    Nestle
    Lactalis
    Danone
    Fonterra
    FrieslandCampina
    Dairy Farmers of America
    Arla Foods
    Saputo
    Yili
    Mengniu
    Muller Group
    Amul
    Meiji
    DFA (Dean Foods)
    DMK
    Sodiaal
    Agropur
    Schreiber Foods
    Ornua
    Land O’ Lakes
    Organic Valley
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Milk and Butter product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Milk and Butter, with price, sales quantity, revenue, and global market share of Milk and Butter from 2021 to 2026.
    Chapter 3, the Milk and Butter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Milk and Butter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Milk and Butter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Milk and Butter.
    Chapter 14 and 15, to describe Milk and Butter sales channel, distributors, customers, research findings and conclusion.

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