Butter is made up of the protein- and fat-rich components of cream or milk. This dairy by-product is well known. It comes in white and yellow varieties. At normal temperatures, it appears semi-solid and contains around 80% butterfat.

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After melting, it is used as a condiment or spread. It is typically used for frying, sauces, and baking procedures. It has about 715 calories per 100 grams, making it a highly high-energy dietary item. It is highly rich in vitamin A.

The top butter-producing countries are India, the United States, New Zealand, Russia, the United Kingdom, and Mexico.

Key Details About the Butter Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Butter price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Butter price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Butter Price Trend:

Price Trend Image

Several snacks like cookies, wafers, and other packaged goods use butter as a flavouring agent. Butter is widely used in the food industry to make a variety of food products.

On toast, pancakes, and other bread items, it can be used as a spread. In addition, it is melted and used for sautéing, dipping, and frying.

It can also be found in several skincare and personal care products.

Key Market Players:

  • Fonterra Co-operative Group
  • Arla Foods Amba
  • Lactalis Group
  • Unilever PLC
  • Kerrygold USA

News and Events

  • September 14, 2022: Significant butter imports and recent highs in CME spot butter cost appraisals may aid in reducing butter shortages.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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