Low fat butter is prepared by lowering the fat content to 40% or less and has the same taste and texture as regular butter. Low fat butter contains plant sterols and stanols, which block the absorption of bad cholesterol and prevents cardiovascular disease. Also, it is healthier than regular butter. It has a low saturated fat content and no dietary cholesterol. It is often modified with a lower sodium content and is appropriate for consumers with bone disorders.
MARKET DYNAMICS
The increase in numerous health issues includes obesity, cardiovascular disease, and diabetes, as well as numerous health advantages provided by low fat butter, is propelling the growth of the low butter market. Low fat butter has low fat and calories content and is high in nutrients. Thus, it is extremely beneficial for health-conscious consumers who do not have time to maintain their exercise routine. This fact is likely to propel the low fat butter market forward. Furthermore, the increased number of fast food chains promoting and adding foods prepared with low fat butter to their menus has increased consumer awareness of lower fat butter, propelled the growth of the low fat butter market. However, the available alternative of low fat butter includes olive oil, coconut spread, and avocado spreads that has creamy texture and taste and provides more health benefits than low fat butter is expected to restrict the market growth in the coming years.
MARKET SCOPE
The "Global Low-fat 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 low-fat butter market with detailed market segmentation by type, distribution channel, and geography. The global low-fat butter market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading low-fat butter market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global low-fat butter market is segmented on the basis of type, and distribution channel. On the basis of type the global low-fat butter market is segmented into plain and salted and flavored. Based on distribution channel the global low-fat butter market is segmented into supermarkets and hypermarkets, convenience stores, online retail, 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 low-fat 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 low-fat 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 low-fat 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 low-fat butter market in these regions.
MARKET PLAYERS
The reports cover key developments in the low-fat 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 low-fat butter market are anticipated to lucrative growth opportunities in the future with the rising demand for low-fat butter in the global market. Below mentioned is the list of few companies engaged in the low-fat butter market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the low-fat 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.
- Procter & Gamble
- Adams
- Jif
- Barney
- Great Value
- Skippy
- Peter Pan
- Kraft Canada Inc.
- The J.M. Smucker Company
- Amul
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.