Liquid Butter Alternatives Market

Liquid butter alternatives are used in many instances where the butter or margarine is substituted at a cost significantly lower than the butter and zero grams of trans-fat per servings. These products are extremely versatile as these will not burn, spatter, or scorch. The liquid butter alternatives are used as a butter alternative in the restaurant industry. Liquid butter alternatives are also known as phase oil. It is one of the common butter substitutes majorly used in restaurants and hotels. The primary use of the phase oil is frying, but these can be further used for baking and Others recipes. Few of the benefits of the butter alternative driving the sales is the authentic buttery taste, the lightly salted formula, the high heat tolerance, convenience and the cost effectiveness.
Liquid Butter Alternatives Market contains market size and forecasts of Liquid Butter Alternatives in global, including the following market information:
Global Liquid Butter Alternatives Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Liquid Butter Alternatives Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Liquid Butter Alternatives companies in 2021 (%)
The global Liquid Butter Alternatives market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Palm Oil Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Liquid Butter Alternatives include Cargill, Wilmar, Bunge Limited, Venture Foods, AAK Foodservice and Peerless Holdings, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Liquid Butter Alternatives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Liquid Butter Alternatives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Liquid Butter Alternatives Market Segment Percentages, by Type, 2021 (%)
Palm Oil Type
Lauric Oil Type
Global Liquid Butter Alternatives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Liquid Butter Alternatives Market Segment Percentages, by Application, 2021 (%)
Household
Commercial
Others
Global Liquid Butter Alternatives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Liquid Butter Alternatives Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Liquid Butter Alternatives revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Liquid Butter Alternatives revenues share in global market, 2021 (%)
Key companies Liquid Butter Alternatives sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Liquid Butter Alternatives sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cargill
Wilmar
Bunge Limited
Venture Foods
AAK Foodservice
Peerless Holdings