According to a new report, published by KBV research, The Global Butter Powder Market size is expected to reach $3.3 billion by 2030, rising at a market growth of 5.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 222.2 Kilo Tonnes, experiencing a growth of 4.6% (2019-2022).
The Milk segment is leading the Global Butter Powder Market by Source in 2022; thereby, achieving a market value of $2.0 billion by 2030. Milk butter powder retains the rich and authentic dairy flavor of fresh butter made from milk. This makes it an excellent choice for imparting a genuine buttery taste to various dishes. The milk solids in milk butter powder contribute to its creaminess, making it ideal for adding a smooth and rich texture to recipes, sauces, and baked goods.
The B2B segment is showcasing a CAGR of 5% during (2023 - 2030). B2B sales often involve larger quantities, allowing producers to sell their products in bulk. This can lead to economies of scale, reducing production costs and potentially offering better pricing to buyers. B2B transactions tend to be more consistent than retail sales. Producers can establish long-term relationships with buyers, providing a reliable source of butter powder for their business needs. Selling to B2B customers typically requires less marketing and advertising than reaching individual consumers.
The North America region dominated the Global Butter Powder Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.1 billion by 2030. The Europe region is anticipated to grow at a CAGR of 4.8% during (2023 - 2030). Additionally, The Asia Pacific region would showcase a CAGR of 6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/butter-powder-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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)
By Source (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
