Cultured Buttermilk Market Research, 2031
The global Cultured Buttermilk Market Size was valued at $1.4 billion in 2021 and is projected to reach $2.1 billion by 2031, growing at a CAGR of 4.4% from 2022 to 2031.
Cultured buttermilk is a fermented dairy drink, consisting of skim milk mainly water and milk sugar lactose, and protein casein. It is produced by fermented cream or milk by separating fat from churned buttermilk. It is generally used as a spread on bread or as a condiment in cooked vegetables.
The cultured buttermilk market is segmented into Form, Application, and Distribution channel.
It has been established that microorganisms involved in the fermentation of potentially hazardous and bioactive substances are advantageous to health. The benefits of these goods for health and the security of traditionally fermented milk encourage their use. It controls the immune system, metabolism, and gastrointestinal tract and promotes brain and mental health. Due to the numerous health advantages of fermentation, fermented foods have become a significant component of diets in many civilizations. One of the main health advantages of fermented milk products is that they are anti-allergenic and anti-diabetic, which propels the Cultured Buttermilk Market Growth.
Farmers in rural areas generally view dairying as a vital source of income and support. It is the major source of food in rural as well as urban areas throughout the globe. Governments have made a significant effort in recent years to increase milk output by launching supportive initiatives to increase milk productivity, input supply, and access to the organized milk processing sector.
The global milk output has been increasing at a very high rate over the past few years as a result of these support measures. In addition, a significant element driving the need for dairy products, which in turn drives the Cultured Buttermilk Market Demand
Artificially produced dairy products are at risk due to consumer awareness of the need to avoid artificial products and the widespread acceptance of the vegan lifestyle. Consumers do not prefer items manufactured with artificial components, thus producers are also shifting to the production of vegan-based products made with natural substances. As a result, these goods are proving to be significant substitutes for artificially fermented goods, which is driving market expansion.
Cultured milk development was neglected because it was long believed that fermented milk had poor nutritional value. In industrialized nations, there is a higher consumption of milk and milk products per capita. In developing nations, the demand for milk and other dairy products is increasing as a result of rising incomes, population growth, urbanization, and dietary changes. East and Southeast Asia, especially in densely populated nations like China, Indonesia, and Vietnam, can clearly see this tendency. Because of this, farmers in high-potential peri-urban areas have an excellent chance to improve their lives through increasing output as a result of the growth in demand for milk and other fermented milk products like butter, cheese, and yogurt.
The global cultured buttermilk market is categorized into form, application, sales channel, and region. By Form, it is classified into liquid and powder. On the basis of application, it is fragmented into the bakery, confectionery, dairy, beverages, and others. Based on the distribution channel, the market is segmented into business-to-business, and business-to-consumer. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Belgium, Russia, Netherlands, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, Saudi Arabia, Chile, Algeria, South Africa, and Rest Of LAMEA).
Based on the form, the liquid segment held the major share in the market in 2021. The liquid form of cultured buttermilk is available in different flavors and aromas. Culture buttermilk is known to be a common dairy product and is used at a large level by consumers. They prefer cultured buttermilk after lunch. There are different cultured buttermilks available into the market, this availability of the products reflects the products share in the market. It is also found that liquid cultured buttermilk is used in baked products like pancakes, scones, biscuits, and many other baked products.
By Application
Based on the application, Bakery segment held the major share in the market. Consumers are shifting their preference from regular staple food to nutrient-enhanced healthy food products.
Based on the end use, the bakery segment held the major Cultured Buttermilk Market Share in the market. Consumers are shifting their preference from regular staple food to nutrient-enhanced healthy food products; thereby, fostering the demand for yeast extracts in the bakery ingredients industry. Cultured buttermilk plays a pivotal role in food processing by soaking flour or grain overnight. Moreover, buttermilk contains beneficial bacteria, which can help to break down or predigest different ingredient or foods, which is another key factor driving the market growth, as health benefit is a top priority for participants in the global food & beverages industry.
Based on the distribution channel, online segment witness a major growth rate during the Cultured Buttermilk Market Forecast period. An increase in penetration of various online portals in developing regions and rise in a number of offers or discounts attract the consumer to purchase cultured buttermilk through online channels. Moreover, online sales channel has increased consumer reach, owing to which it has evolved as a key source of revenue for many companies. Furthermore, the online sales market is expected to expand in the near future due to rapid growth in online and mobile user customer bases in emerging markets.
By region, North America Cultured buttermilk market is expected to grow significantly during the forecast period. Consumer attitude toward dairy products is changing around the world. There are some trends that help to drive dairy consumption worldwide. For instance, interest in label-friendly products is on the rise in North America this demand is providing positive growth opportunities for the market. In countries such as the U.S., Canada, and Mexico, consumers appear to choose products with clean-label ingredients in the dairy products category, owing to the awareness about the clean label ingredients and their benefits. This trend is driving the cultured buttermilk market in North America.
The key players profiled in the Cultured Buttermilk Industry include All American Foods, BV Dairy, Crystal Creamery, Daylesford Organic Limited, Jess's Ladies Organic Farm Milk, Longley Farm, Producers Dairy, SacoFoods, and St David Dairy Pty Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the Cultured Buttermilk Market Size from 2021 to 2031 to identify the prevailing Cultured Buttermilk Market Opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth Cultured Buttermilk Market Analysis assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the Cultured Buttermilk Industry.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global cultured buttermilk market trends, key players, market segments, application areas, and market growth strategies.
Cultured Buttermilk Market Report Highlights
Aspects | Details |
Market Size By 2031 | USD 2.1 billion |
Growth Rate | CAGR of 4.4% |
Forecast period | 2021 - 2031 |
Report Pages | 310 |
By Application |
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By Form |
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By Distribution channel |
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By Region |
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Key Market Players | LUPICIA CO., LTD, Bharat Group, VAHDAM, COFCO, Panella Foods and Beverages Private Limited, CALIFORNIA TEA HOUSE, Stash Tea, Bettys and Taylors Group Ltd, Teasenz, FMS Consumer Products Pvt Ltd |
Analyst Review
A number of factors are causing the global market for cultured buttermilk to grow quickly. For instance, the demand for processed food items has increased as a result of individuals looking for quick and simple meal alternatives due to their busy lifestyles. In addition, factors like high nutritional value and low storage and transportation costs increase consumer demand for fermented milk and cultured buttermilk. Because they are more frequently used in various fast food fermented milk products, primarily butter and cheese, have become more popular.
However, the presence of chemicals and strict laws governing the culture strains used for milk fermentation hinder market expansion. The introduction of cultured buttermilk products into different developing nations around the world is also anticipated to promote market expansion. In addition, it is projected that consumer awareness of the health advantages of cultured buttermilk products, advertising, and product launches by major companies would all contribute to the market's expansion.
Development of new products with improved taste and versatility, along with high marketing support, and Rise in number of product launches are the upcoming trends of Cultured Buttermilk Market in the world.
Bakery is the leading application of Cultured Buttermilk Market.
North America region is the largest regional market for Cultured Buttermilk.
The cultured buttermilk market was valued at $1,377.5 million in 2021, and is projected to reach $2,113.4 million by 2031, registering a CAGR of 4.4% from 2022 to 2031.
The key players profiled in this report include All American Foods, BV Dairy, Crystal Creamery, Daylesford Organic Limited, Jess's Ladies Organic Farm Milk, Longley Farm, Producers Dairy, SacoFoods, and St David Dairy Pty Ltd.
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