Liquid Butter Alternatives Market Definition
Olive oil, coconut oil, safflower oil, and coconut butter are some of the most used Liquid butter alternatives. Liquid butter alternatives are used in primary cases where the butter or margarine is substituted at a cost significantly lower than the butter and zero grams of trans-fat per servings. These products are extremely versatile as these will spatter, or scorch and not burn. The liquid butter alternatives are used as a butter alternative in the restaurant industry and this has led to significant growth of the liquid butter alternatives market over the forecast period.
The market study is broken down by Type (Palm Oil and Lauric Oil), by Application (Household and Commercial) and major geographies with country level splits.
The Vendors having a strong hold in the market are Cargill, Incorporated, Wilmar International Ltd, Bunge Limited, and Ventura Foods. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Liquid Butter Alternatives market throughout the predicted period.
Cargill, Incorporated (United States), Wilmar International Ltd (Singapore), Bunge Limited (United States), Ventura Foods (United States), AAK Foodservice (United States), Peerless Holdings Pty Ltd (Australia), AAK.com (Sweden), Butter Buds Inc. (United States) and US FOODS, INC. (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Liquid Butter Alternatives market by Type, Application and Region.
On the basis of geography, the market of Liquid Butter Alternatives has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Liquid Butter Alternatives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 18, July 2019, Bunge Limited has announced the official opening of a new edible oil processing facility in China. Located in Xiamen, within the Fujian region of Southern China, the new facility expands BLC’s ability to deliver plant-based specialty oils and fats ingredients for the food and foodservice industry to meet growing demand in China, while also serving customers around the world.
- Increasing Demand for Low Cholesterol Food From the Urban Area
- Rising Food Industry In Emerging Economies
- Innovative Products Launched by the Manufacturers creates Opportunities for Market
- Presence of a Number of Unhealthy Ingredients in the Phase Oil
- Increasing use of Hazardous Ingredient just for Cost-Cutting in the Restaurant and Food Chains
Key Target AudienceLiquid Butter Alternatives Manufacturers, Food And Beverage Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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