Market Research Report
|Published by||Global Industry Analysts, Inc.||Product code||912658|
|Published||Content info||260 Pages
Delivery time: 1-2 business days
|Published: July 1, 2020||Content info: 260 Pages||
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.We bring years of research experience to this 15th edition of our report. The 260-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,