Market Research Report
Published: April 1, 2021
Global Industry Analysts, Inc.
Content info: 260 Pages
Delivery time: 1-2 business days
Global Butter Market to Reach 14.2 Million Metric Tons by 2027
Amid the COVID-19 crisis, the global market for Butter estimated at 11.3 Million Metric Tons in the year 2020, is projected to reach a revised size of 14.2 Million Metric Tons by 2027, growing at a CAGR of 3.3% over the period 2020-2027.
The U.S. Market is Estimated at 3.1 Million Metric Tons, While China is Forecast to Grow at 6% CAGR
The Butter market in the U.S. is estimated at 3.1 Million Metric Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 2.9 Million Metric Tons by the year 2027 trailing a CAGR of 6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.
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