Plant based Butter Market
Plant based Butter Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Plant based Butter Market Size and Growth
The plant-based butter market is experiencing significant growth, driven by increasing consumer demand for healthier, sustainable alternatives. As of 2023, the market size is valued at approximately $1 billion and is projected to expand at a CAGR of over 10% through 2030, reflecting rising awareness and dietary shifts.
Companies Covered
(Covid 19 Impact Covered)
◍ Conagra Brands Inc.
◍ Upfield Foods
◍ Miyoko’s Creamery
◍ Wayfare Food
◍ Prosperity Organic Food
◍ Kite-hill
◍ Califia Farms
◍ Ekogram
◍ The J.M. Smucker Company
◍ Milkadamia
◍ Alpino Health Foods
◍ Ceres Organics
The plant-based butter market features key players like Conagra Brands, Upfield Foods, and Miyoko's Creamery, each innovating with diverse formulations to enhance consumer satisfaction. These companies stimulate market growth through strategic marketing, product diversification, and partnerships, boosting sales. Actual revenues include:
- Conagra Brands: $11 billion
- Upfield Foods: $1.5 billion
- The J.M. Smucker Company: $8 billion
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Market Segmentation
By Application
Hypermarket/Supermarket
Convenience Stores
Online Sales
Others
By Product
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Others
Oat Milk
Corn Milk
Pea Milk
$ 4.50 Billion
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