The United States butter and spreadable fats market was valued at USD 7.29 billion in 2024 . The industry is expected to grow at a CAGR of 6.90% during the forecast period of 2025-2034 to attain a valuation of USD 14.22 billion by 2034 .
However, the health conscious consumers seek low-calorie options, such as fat free butters, which has led to innovations in the market by manufacturers. Moreover, as per industry reports, around 41.9% of adults in US were categorised as obese in 2020. The rising prevalence of obesity and heart diseases in the country has compelled consumers to seek healthier spreads and dips, resulting in rising demand for low-fat as well as plant-based spreadable fats, like almond and peanut butter, tahini, and sunflower seed butter.
Key Questions Answered in the Report:
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States butter and spreadable fats market spanning from 2018 to 2034.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States butter and spreadable fats market.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States butter and spreadable fats market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States butter and spreadable fats market landscape.
United States Butter and Spreadable Fats Market Outlook
The market is witnessing rapid growth due to the rising levels of butter production in United States and the growing use of butter and other spreadable fats in culinary dishes. As per industry reports, the total butter production in US was valued at 1.572 million pounds in 2023, an increase of around 26.1% from 2022. Production is estimated to increase even further in 2024, with butter production accounted at around 214.24 million pounds in January alone, highlighting positive United States butter and spreadable fats market revenue.However, the health conscious consumers seek low-calorie options, such as fat free butters, which has led to innovations in the market by manufacturers. Moreover, as per industry reports, around 41.9% of adults in US were categorised as obese in 2020. The rising prevalence of obesity and heart diseases in the country has compelled consumers to seek healthier spreads and dips, resulting in rising demand for low-fat as well as plant-based spreadable fats, like almond and peanut butter, tahini, and sunflower seed butter.
As per United States Butter and Spreadable Fats Market Regional Insights, Regions like Southwest and Rocky Mountain are Witnessing Fastest Growth
The regional segment highlights varying growth rates across different parts of the United States. The Southwest region exhibits the highest growth rate at 8.4%, followed by the Rocky Mountain region at 8.2%. The Southeast and Far West regions are also significant, with growth rates of 7.7% and 8.0%, respectively. The lowest growth rate is seen in the Great Lakes region at 5.9%.Shift Towards Plant-Based Spreads is One of the Emerging United States Butter and Spreadable Fats Market Trends
In the product type segment, plant-based spreadable fats show the highest growth at 8.7%, reflecting a strong consumer preference shift toward plant-based products. Butter, a traditional product, follows with a growth rate of 8.2%. Margarine lags with a growth rate of 7.1%. This data suggests that while traditional butter remains popular, plant-based alternatives are rapidly gaining market share, likely driven by health and sustainability trends.Wide Availability of Butter and Spreads on Online Websites has Driven United States Butter and Spreadable Fats Market Growth
In the distribution channel segment, online channels are expected to see the highest growth at 8.6%, indicating a significant shift toward e-commerce in the market. Hypermarkets/supermarkets follow closely with a growth rate of 8.3%, reflecting the continued importance of these traditional retail outlets. Speciality stores and convenience stores are expected to grow at 7.5% and 7.0%, respectively, indicating slower growth compared to online and large-format stores. This data points to a trend where consumers are increasingly purchasing these products online, likely due to the convenience and variety offered by e-commerce platforms.Key Questions Answered in the Report:
- How has the United States butter and spreadable fats market performed historically, and what are the growth expectations for the future?
- What are the primary factors influencing demand and growth in the United States butter and spreadable fats market?
- What are the key segments within the United States butter and spreadable fats market, and how are they expected to evolve over the forecast period?
- What are the major challenges and opportunities facing stakeholders in the United States butter and spreadable fats market?
- Who are the key players in the United States butter and spreadable fats market, and what strategies are they employing to maintain a competitive edge?
- What are the regulatory and policy factors influencing the United States butter and spreadable fats market globally or regionally?
- How competitive is the United States butter and spreadable fats market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
- What are the current trends shaping the United States butter and spreadable fats market landscape, and how are they expected to evolve in the future?
- How are technological advancements impacting the United States butter and spreadable fats market, and what role do innovation and R&D play in driving growth?
- What are the consumer preferences and buying behavior trends influencing the United States butter and spreadable fats market?
- How sustainable are current growth rates in the United States butter and spreadable fats market, and what factors could potentially disrupt these trends?
- What are the regional dynamics within the United States butter and spreadable fats market, and how do they contribute to overall market growth?
- What are the economic factors influencing the United States butter and spreadable fats market, such as GDP growth, inflation rates, and currency fluctuations?
- How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States butter and spreadable fats market?
- What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States butter and spreadable fats market?
- What are the regulatory and legal frameworks impacting the United States butter and spreadable fats market globally or in key regions?
- How are changing consumer lifestyles and preferences influencing product or service demand within the United States butter and spreadable fats market?
- What are the emerging market trends and niche opportunities within the United States butter and spreadable fats market that stakeholders should be aware of?
- How resilient is the United States butter and spreadable fats market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
- What are the potential barriers to market entry and growth for new players in the United States butter and spreadable fats market?
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States butter and spreadable fats market spanning from 2018 to 2034.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States butter and spreadable fats market.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States butter and spreadable fats market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States butter and spreadable fats market landscape.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 United States Butter and Spreadable Fats Market Analysis
6 United States Butter and Spreadable Fats Market by Product Type
7 United States Butter and Spreadable Fats Market by Distribution Channel
8 United States Butter and Spreadable Fats Market by Region
9 Market Dynamics
10 Competitive Landscape
Companies Mentioned
- Land O’Lakes
- Dairy Farmers of America
- Dean Foods
- Upcountry Farms
- Challenge Dairy