The North America Butter Powder Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 69.7 Kilo Tonnes, showcasing a growth of 3.9% (2019-2022).
The increasing demand for almond butter powder can be attributed to health trends, dietary shifts, and consumer convenience. As consumers become more health-conscious, there's a gravitation towards nuts and seeds as protein-rich alternatives to animal sources.
Due to its prolonged shelf life, non-perishability, and thermal stability, demand for butter powder is rising in numerous North American nations. In addition, butter in powder form imparts a rich and velvety flavour to various foods, enhancing the dish's flavour and aroma. It enhances the taste of condiments, spices, and treats.
Furthermore, it has a longer storage life than raw butter, which makes it enticing to consumers who stock up on long-lasting foods. It is utilized in products that meet consumer expectations for ready-to-use components, whether as a flavouring agent, a lipid source, or a butter substitute. Numerous companies include butter powder in their product lines because it is compatible with the convenience food trend and provides consumers with delicious, easy-to-use butter substitutes with a longer storage life.
With an increasing trend towards health and wellness in North America, consumers are becoming more discerning about the ingredients in their foods. As a result, butter powder might be valued for its pure butter content without additives. North American consumers often prioritize convenience. The general composition of the average American diet is trending into a more processed diet. The demand for convenience and ready-to-eat or ready-to-cook foods in the U.S. has grown significantly, indirectly influencing the demand for ingredients like butter powder. Therefore, the region presents lucrative growth prospects for the market.
The US market dominated the North America Butter Powder Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $820.8 million by 2030. The Canada market is poised to grow at a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 5.9% during (2023 - 2030).
Based on Source, the market is segmented into Milk, Peanut, Almond, Cocoa and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, B2B, Convenience Stores, Online Retail and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Butter Powder Market is Projected to reach USD 3.3 Billion by 2030, at a CAGR of 5.2%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Nutrient Survival, Betty Lou's Inc., Garden of Life, LLC (Nestle S.A), Kanegrade Ltd., PB2 Foods, Inc. (Bell Plantation Inc.), Z Natural Foods LLC, Powbab, Inc., Nutricost (ESUPPLEMENTS, LLC), and BetterBody Foods, and Hoosier Hill Farm LLC (Saco Foods)
Scope of the Study
Market Segments Covered in the Report:
By Source (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Milk
- Peanut
- Almond
- Cocoa
- Others
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Supermarket/Hypermarket
- B2B
- Convenience Stores
- Online Retail
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Nutrient Survival
- Betty Lou's Inc.
- Garden of Life, LLC (Nestle S.A)
- Kanegrade Ltd.
- PB2 Foods, Inc. (Bell Plantation Inc.)
- Z Natural Foods LLC
- Powbab, Inc.
- Nutricost (ESUPPLEMENTS, LLC)
- BetterBody Foods
- Hoosier Hill Farm LLC (Saco Foods)
TABLE 1 North America Butter Powder Market, 2019 - 2022, USD Million
TABLE 2 North America Butter Powder Market, 2023 - 2030, USD Million
TABLE 3 North America Butter Powder Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Butter Powder Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Butter Powder Market by Source, 2019 - 2022, USD Million
TABLE 6 North America Butter Powder Market by Source, 2023 - 2030, USD Million
TABLE 7 North America Butter Powder Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Butter Powder Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Milk Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Milk Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Milk Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Milk Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Peanut Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Peanut Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Peanut Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Peanut Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Almond Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Almond Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Almond Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Almond Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Cocoa Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Cocoa Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Cocoa Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Cocoa Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Butter Powder Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 30 North America Butter Powder Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 31 North America Butter Powder Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Butter Powder Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Supermarket/Hypermarket Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Supermarket/Hypermarket Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Supermarket/Hypermarket Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Supermarket/Hypermarket Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America B2B Market by Country, 2019 - 2022, USD Million
TABLE 38 North America B2B Market by Country, 2023 - 2030, USD Million
TABLE 39 North America B2B Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America B2B Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Convenience Stores Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Convenience Stores Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Convenience Stores Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Convenience Stores Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Online Retail Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Online Retail Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Online Retail Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Online Retail Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Butter Powder Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Butter Powder Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Butter Powder Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Butter Powder Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 US Butter Powder Market, 2019 - 2022, USD Million
TABLE 58 US Butter Powder Market, 2023 - 2030, USD Million
TABLE 59 US Butter Powder Market, 2019 - 2022, Kilo Tonnes
TABLE 60 US Butter Powder Market, 2023 - 2030, Kilo Tonnes
TABLE 61 US Butter Powder Market by Source, 2019 - 2022, USD Million
TABLE 62 US Butter Powder Market by Source, 2023 - 2030, USD Million
TABLE 63 US Butter Powder Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 64 US Butter Powder Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 65 US Butter Powder Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 66 US Butter Powder Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 67 US Butter Powder Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 68 US Butter Powder Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 69 Canada Butter Powder Market, 2019 - 2022, USD Million
TABLE 70 Canada Butter Powder Market, 2023 - 2030, USD Million
TABLE 71 Canada Butter Powder Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Canada Butter Powder Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Canada Butter Powder Market by Source, 2019 - 2022, USD Million
TABLE 74 Canada Butter Powder Market by Source, 2023 - 2030, USD Million
TABLE 75 Canada Butter Powder Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 76 Canada Butter Powder Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 77 Canada Butter Powder Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 78 Canada Butter Powder Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 79 Canada Butter Powder Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 80 Canada Butter Powder Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 81 Mexico Butter Powder Market, 2019 - 2022, USD Million
TABLE 82 Mexico Butter Powder Market, 2023 - 2030, USD Million
TABLE 83 Mexico Butter Powder Market, 2019 - 2022, Kilo Tonnes
TABLE 84 Mexico Butter Powder Market, 2023 - 2030, Kilo Tonnes
TABLE 85 Mexico Butter Powder Market by Source, 2019 - 2022, USD Million
TABLE 86 Mexico Butter Powder Market by Source, 2023 - 2030, USD Million
TABLE 87 Mexico Butter Powder Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 88 Mexico Butter Powder Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 89 Mexico Butter Powder Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 90 Mexico Butter Powder Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 91 Mexico Butter Powder Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 92 Mexico Butter Powder Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 93 Rest of North America Butter Powder Market, 2019 - 2022, USD Million
TABLE 94 Rest of North America Butter Powder Market, 2023 - 2030, USD Million
TABLE 95 Rest of North America Butter Powder Market, 2019 - 2022, Kilo Tonnes
TABLE 96 Rest of North America Butter Powder Market, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of North America Butter Powder Market by Source, 2019 - 2022, USD Million
TABLE 98 Rest of North America Butter Powder Market by Source, 2023 - 2030, USD Million
TABLE 99 Rest of North America Butter Powder Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of North America Butter Powder Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 101 Rest of North America Butter Powder Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 102 Rest of North America Butter Powder Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 103 Rest of North America Butter Powder Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 104 Rest of North America Butter Powder Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 105 Key Information – Nutrient Survival
TABLE 106 Key Information – Betty Lou's Inc.
TABLE 107 Key Information – Garden of Life, LLC
TABLE 108 Key Information – PB2 Foods, Inc.
TABLE 109 Key Information – Z Natural Foods LLC
TABLE 110 Key Information – Powbab, Inc.
TABLE 111 Key Information – BetterBody Foods
TABLE 112 Key Information – Kanegrade Ltd.
TABLE 113 Key Information – Nutricost
TABLE 114 Key Information – Hoosier Hill Farm LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Butter Powder Market, 2019 - 2030, USD Million
FIG 3 Key Factors ImpactinG Butter Powder Market
FIG 4 Porter’s Five Forces Analysis – Butter Powder Market
FIG 5 North America Butter Powder Market share by Source, 2022
FIG 6 North America Butter Powder Market share by Source, 2030
FIG 7 North America Butter Powder Market by Source, 2019 - 2030, USD Million
FIG 8 North America Butter Powder Market share by Distribution Channel, 2022
FIG 9 North America Butter Powder Market share by Distribution Channel, 2030
FIG 10 North America Butter Powder Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 North America Butter Powder Market share by Country, 2022
FIG 12 North America Butter Powder Market share by Country, 2030
FIG 13 North America Butter Powder Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Nutrient Survival
FIG 15 SWOT Analysis: Betty Lou's Inc.
FIG 16 SWOT Analysis: Garden of Life, LLC
FIG 17 SWOT Analysis: Z Natural Foods LLC
FIG 18 SWOT Analysis: Powbab, Inc.
FIG 19 SWOT Analysis: BetterBody Foods
FIG 20 SWOT Analysis: Kanegrade Ltd.
FIG 21 SWOT Analysis: Hoosier Hill Farm LLC