Clarified butter is also known as ghee. Clarified butter is a nutritionally rich class of clarified butter used as a cooking medium. It is known for its taste & pure health in the Indian subcontinent. It is commonly used in South Asian and Middle Eastern cuisines, traditional medicines, and religious rituals. It is prepared by gently heating butter and retaining the clear liquid fat while discarding the solid residue that settled to the bottom.
MARKET DYNAMICS
The global market for clarified butter is growing due to its improved properties over unsalted or conventional butter and also as a result of increasing consumer awareness of its benefits. Further globalization has interlinked the world and changed the taste patterns of consumers, making them more willing to discover new dishes and to make themselves aware of the health benefits offered by the products/ingredients they consume, which will increase the demand for clarified butter. People are becoming more health-conscious and are seeking products in their diets that give them some benefits. Due to the widespread use of clarified butter, the market for clarified butter is expected to increase in the forecast period in the food industry and in household uses. Niter kibbeh, a seasoned clarified butter used in Ethiopian countries, Manteiga-da-Terra, a Brazilian clarified butter product, is widely used in various parts of the world.
MARKET SCOPE
The "Global Clarified butter Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the clarified butter market with detailed market segmentation by nature, distribution channel, and geography. The global clarified butter market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading clarified butter market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global clarified butter market is segmented on the basis of nature, and distribution channel. On the basis of nature the global clarified butter market is segmented into organic, conventional. Based on application the global clarified butter market is segmented into supermarkets/ hypermarkets, convenience stores, grocery stores, dairy outlets, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global clarified butter market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The clarified butter market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the clarified butter market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the clarified butter market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global clarified butter market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The clarified butter market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the clarified butter market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the clarified butter market in these regions.
MARKET PLAYERS
The reports cover key developments in the clarified butter market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from clarified butter market are anticipated to lucrative growth opportunities in the future with the rising demand for clarified butter in the global market. Below mentioned is the list of few companies engaged in the clarified butter market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the clarified butter market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Organic Valley
- Roil Foods Ltd.
- Verka USA
- Grassland Dairy Products, Inc.
- Netherend Farm Ltd.
- Amul
- Avera Foods (Pty) Ltd.
- Nordic Creamery
- Grassland Dairy Products Inc.
- Beneficial Blends LLC, Lurpak
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Clarified Butter Market - By Nature
1.3.2 Clarified Butter Market - By Distribution Channel
1.3.3 Clarified Butter Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CLARIFIED BUTTER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CLARIFIED BUTTER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CLARIFIED BUTTER MARKET - GLOBAL MARKET ANALYSIS
6.1. CLARIFIED BUTTER - GLOBAL MARKET OVERVIEW
6.2. CLARIFIED BUTTER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CLARIFIED BUTTER MARKET - REVENUE AND FORECASTS TO 2028 - NATURE
7.1. OVERVIEW
7.2. NATURE MARKET FORECASTS AND ANALYSIS
7.3. ORGANIC
7.3.1. Overview
7.3.2. Organic Market Forecast and Analysis
7.4. CONVENTIONAL
7.4.1. Overview
7.4.2. Conventional Market Forecast and Analysis
8. CLARIFIED BUTTER MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS/ HYPERMARKETS
8.3.1. Overview
8.3.2. supermarkets/ hypermarkets Market Forecast and Analysis
8.4. CONVENIENCE STORES
8.4.1. Overview
8.4.2. convenience stores Market Forecast and Analysis
8.5. GROCERY STORES
8.5.1. Overview
8.5.2. grocery stores Market Forecast and Analysis
8.6. DAIRY OUTLETS
8.6.1. Overview
8.6.2. dairy outlets Market Forecast and Analysis
8.7. OTHERS.
8.7.1. Overview
8.7.2. others. Market Forecast and Analysis
9. CLARIFIED BUTTER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Clarified Butter Market Overview
9.1.2 North America Clarified Butter Market Forecasts and Analysis
9.1.3 North America Clarified Butter Market Forecasts and Analysis - By Nature
9.1.4 North America Clarified Butter Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Clarified Butter Market Forecasts and Analysis - By Countries
9.1.5.1 United States Clarified Butter Market
9.1.5.1.1 United States Clarified Butter Market by Nature
9.1.5.1.2 United States Clarified Butter Market by Distribution Channel
9.1.5.2 Canada Clarified Butter Market
9.1.5.2.1 Canada Clarified Butter Market by Nature
9.1.5.2.2 Canada Clarified Butter Market by Distribution Channel
9.1.5.3 Mexico Clarified Butter Market
9.1.5.3.1 Mexico Clarified Butter Market by Nature
9.1.5.3.2 Mexico Clarified Butter Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Clarified Butter Market Overview
9.2.2 Europe Clarified Butter Market Forecasts and Analysis
9.2.3 Europe Clarified Butter Market Forecasts and Analysis - By Nature
9.2.4 Europe Clarified Butter Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Clarified Butter Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Clarified Butter Market
9.2.5.1.1 Germany Clarified Butter Market by Nature
9.2.5.1.2 Germany Clarified Butter Market by Distribution Channel
9.2.5.2 France Clarified Butter Market
9.2.5.2.1 France Clarified Butter Market by Nature
9.2.5.2.2 France Clarified Butter Market by Distribution Channel
9.2.5.3 Italy Clarified Butter Market
9.2.5.3.1 Italy Clarified Butter Market by Nature
9.2.5.3.2 Italy Clarified Butter Market by Distribution Channel
9.2.5.4 United Kingdom Clarified Butter Market
9.2.5.4.1 United Kingdom Clarified Butter Market by Nature
9.2.5.4.2 United Kingdom Clarified Butter Market by Distribution Channel
9.2.5.5 Russia Clarified Butter Market
9.2.5.5.1 Russia Clarified Butter Market by Nature
9.2.5.5.2 Russia Clarified Butter Market by Distribution Channel
9.2.5.6 Rest of Europe Clarified Butter Market
9.2.5.6.1 Rest of Europe Clarified Butter Market by Nature
9.2.5.6.2 Rest of Europe Clarified Butter Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Clarified Butter Market Overview
9.3.2 Asia-Pacific Clarified Butter Market Forecasts and Analysis
9.3.3 Asia-Pacific Clarified Butter Market Forecasts and Analysis - By Nature
9.3.4 Asia-Pacific Clarified Butter Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Clarified Butter Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Clarified Butter Market
9.3.5.1.1 Australia Clarified Butter Market by Nature
9.3.5.1.2 Australia Clarified Butter Market by Distribution Channel
9.3.5.2 China Clarified Butter Market
9.3.5.2.1 China Clarified Butter Market by Nature
9.3.5.2.2 China Clarified Butter Market by Distribution Channel
9.3.5.3 India Clarified Butter Market
9.3.5.3.1 India Clarified Butter Market by Nature
9.3.5.3.2 India Clarified Butter Market by Distribution Channel
9.3.5.4 Japan Clarified Butter Market
9.3.5.4.1 Japan Clarified Butter Market by Nature
9.3.5.4.2 Japan Clarified Butter Market by Distribution Channel
9.3.5.5 South Korea Clarified Butter Market
9.3.5.5.1 South Korea Clarified Butter Market by Nature
9.3.5.5.2 South Korea Clarified Butter Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Clarified Butter Market
9.3.5.6.1 Rest of Asia-Pacific Clarified Butter Market by Nature
9.3.5.6.2 Rest of Asia-Pacific Clarified Butter Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Clarified Butter Market Overview
9.4.2 Middle East and Africa Clarified Butter Market Forecasts and Analysis
9.4.3 Middle East and Africa Clarified Butter Market Forecasts and Analysis - By Nature
9.4.4 Middle East and Africa Clarified Butter Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Clarified Butter Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Clarified Butter Market
9.4.5.1.1 South Africa Clarified Butter Market by Nature
9.4.5.1.2 South Africa Clarified Butter Market by Distribution Channel
9.4.5.2 Saudi Arabia Clarified Butter Market
9.4.5.2.1 Saudi Arabia Clarified Butter Market by Nature
9.4.5.2.2 Saudi Arabia Clarified Butter Market by Distribution Channel
9.4.5.3 U.A.E Clarified Butter Market
9.4.5.3.1 U.A.E Clarified Butter Market by Nature
9.4.5.3.2 U.A.E Clarified Butter Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Clarified Butter Market
9.4.5.4.1 Rest of Middle East and Africa Clarified Butter Market by Nature
9.4.5.4.2 Rest of Middle East and Africa Clarified Butter Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Clarified Butter Market Overview
9.5.2 South and Central America Clarified Butter Market Forecasts and Analysis
9.5.3 South and Central America Clarified Butter Market Forecasts and Analysis - By Nature
9.5.4 South and Central America Clarified Butter Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Clarified Butter Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Clarified Butter Market
9.5.5.1.1 Brazil Clarified Butter Market by Nature
9.5.5.1.2 Brazil Clarified Butter Market by Distribution Channel
9.5.5.2 Argentina Clarified Butter Market
9.5.5.2.1 Argentina Clarified Butter Market by Nature
9.5.5.2.2 Argentina Clarified Butter Market by Distribution Channel
9.5.5.3 Rest of South and Central America Clarified Butter Market
9.5.5.3.1 Rest of South and Central America Clarified Butter Market by Nature
9.5.5.3.2 Rest of South and Central America Clarified Butter Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CLARIFIED BUTTER MARKET, KEY COMPANY PROFILES
11.1. AMUL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AVERA FOODS (PTY) LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BENEFICIAL BLENDS LLC, LURPAK
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GRASSLAND DAIRY PRODUCTS INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GRASSLAND DAIRY PRODUCTS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NETHEREND FARM LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NORDIC CREAMERY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ORGANIC VALLEY
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ROIL FOODS LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VERKA USA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Amul
2. Avera Foods (Pty) Ltd.
3. Beneficial Blends LLC, Lurpak
4. Grassland Dairy Products Inc.
5. Grassland Dairy Products, Inc.
6. Netherend Farm Ltd.
7. Nordic Creamery
8. Organic Valley
9. Roil Foods Ltd.
10. Verka USA
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
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- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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