IMARC Group’s latest report titled “India Table Butter Market: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026”, critically examines the the table butter market in India has experienced strong growth during 2015-2020. Table butter is obtained by the process of churning cream, until the fat in the butter separates from the buttermilk. In India, butter is an important part of the daily diet because it is an excellent source of energy. It is also rich in many vitamins and minerals such as vitamin A, D, E and K, manganese, chromium, iodine, zinc, copper and selenium. These nutrients are essential for the development of the brain and nervous system and help treat fungal infections as well as reduce the risk of cancer and tumors.
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Highlights of the table butter market in India:
- The market is mainly driven by strong growth in the food industry.
- Maharashtra is the largest market, accounting for the majority of the market share.
Table butter is one of the fastest growing food segments in India. A thriving food industry is one of the major factors driving the table butter market, where butter is widely used in the preparation of a number of food products, including:
- Bakery products
In addition, manufacturers are introducing new innovative flavors such as
- Garlic and herbs
- Garlic and Oregano
- Pudina and Coriander to attract a wider consumer base
They have also introduced low-fat, unsalted butter varieties to appeal to health-conscious consumers. Other determining factors include population growth, increased disposable income and improved living standards. According to a recent report by IMARC Group, the table butter market in India is expected to grow at a CAGR of 19% during 2021-2026.
The report assessed the market in fifteen major states of India, while providing in-depth analysis of current and historical trends in value and volume as well as market forecast. Currently, Maharashtra represents the largest market, representing the highest market share. It is followed by Tamil Nadu and Uttar Pradesh. Apart from this, an analysis of the competitive landscape provides the details of the major players active in the market. Some of the main players are
- TN Cooperative
- Mother dairy
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