The table butter market in India size reached INR 54.1 Billion in 2021. Table butter is made by churning fresh/fermented cream or milk so as to separate the butterfat from the buttermilk. It remains solid under refrigeration, but softens to a spreadable consistency at room temperature, and melts to a thin liquid consistency at high temperature. Table butter is one of the most commonly consumed dairy product, and is used as a basic ingredient in the food industry. It also represents one of the fastest growing food segment in India. The major factors which have contributed to the growth of the market include population growth, rising urbanisation rates as well as the western influence on the traditional methods of cooking. Looking forward, IMARC Group expects the table butter market in India to reach INR 157.7 Billion by 2027, exhibiting a growth rate (CAGR) of 20.4% during 2022-2027.
The report has examined the Indian Table Butter Market in 15 major states:
Maharashtra
Uttar Pradesh
Andhra Pradesh and Telangana
Tamil Nadu
Gujarat
Rajasthan
Karnataka
Madhya Pradesh
West Bengal
Bihar
Delhi
Kerala
Punjab
Orissa
Haryana
For each of the states, the report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast. Currently, Maharashtra represents the largest market, accounting for majority of the market share. The competitive landscape of the Indian table butter market has also been covered in this report. Some of the prominent players operating in the market include GCMMF, KMF, TN Cooperative and Mother Dairy.
The study gives an in-depth analysis of the table butter market landscape in India, covering the current, historical and future trends for table butter production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian table butter market along with breakup by segment, region, and an analysis of the competitive landscape. The study is based on both desk research and multiple waves of qualitative primary research. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian table butter industry in any manner.
Key Questions Answered in This Report
1. What was the size of the table butter market in India in 2021?
2. What is the expected growth rate of the table butter market in India during 2022-2027?
3. What are the key factors driving the table butter market in India?
4. What has been the impact of COVID-19 on the table butter market in India?
5. What is the breakup of the table butter market in India based on the sector?
6. What are the key regions in the table butter market in India?
7. Who are the key players/companies in the table butter market in India?