Clarified butter is also known as ghee. Clarified butter is a nutritionally rich class of clarified butter used as a cooking medium. It is known for its taste & pure health in the Indian subcontinent. It is commonly used in South Asian and Middle Eastern cuisines, traditional medicines, and religious rituals. It is prepared by gently heating butter and retaining the clear liquid fat while discarding the solid residue that settled to the bottom.
MARKET DYNAMICS
The global market for clarified butter is growing due to its improved properties over unsalted or conventional butter and also as a result of increasing consumer awareness of its benefits. Further globalization has interlinked the world and changed the taste patterns of consumers, making them more willing to discover new dishes and to make themselves aware of the health benefits offered by the products/ingredients they consume, which will increase the demand for clarified butter. People are becoming more health-conscious and are seeking products in their diets that give them some benefits. Due to the widespread use of clarified butter, the market for clarified butter is expected to increase in the forecast period in the food industry and in household uses. Niter kibbeh, a seasoned clarified butter used in Ethiopian countries, Manteiga-da-Terra, a Brazilian clarified butter product, is widely used in various parts of the world.
MARKET SCOPE
The "Global Clarified butter Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the clarified butter market with detailed market segmentation by nature, distribution channel, and geography. The global clarified butter market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading clarified butter market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global clarified butter market is segmented on the basis of nature, and distribution channel. On the basis of nature the global clarified butter market is segmented into organic, conventional. Based on application the global clarified butter market is segmented into supermarkets/ hypermarkets, convenience stores, grocery stores, dairy outlets, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global clarified butter market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The clarified butter market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the clarified butter market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the clarified butter market in these regions.
MARKET PLAYERS
The reports cover key developments in the clarified butter market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from clarified butter market are anticipated to lucrative growth opportunities in the future with the rising demand for clarified butter in the global market. Below mentioned is the list of few companies engaged in the clarified butter market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the clarified butter market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Organic Valley
- Roil Foods Ltd.
- Verka USA
- Grassland Dairy Products, Inc.
- Netherend Farm Ltd.
- Amul
- Avera Foods (Pty) Ltd.
- Nordic Creamery
- Grassland Dairy Products Inc.
- Beneficial Blends LLC, Lurpak
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.