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Base Year
Historical Year
Forecast Year
Value in AUD million
2024-2032
Australia Butter Market Outlook
*this image is indicative*
Butter provides essential nutrients such as vitamins A, D, E, and K2, and healthy fats crucial for brain function, energy metabolism, and satiety, thus these benefits have increased the Australia butter market growth. It enhances culinary offerings with rich flavour and texture, delivers antioxidants for cell protection, and contributes to hormone production and skin health.
The butter market consists of various distribution channels including supermarkets and hypermarkets, convenience stores, online, and others. Online platforms offer consumers convenient access to a wide variety of butter products from different brands without the need to visit physical stores. This convenience appeals to busy consumers who prefer shopping from home or on the go. Supermarkets and hypermarkets leverage seasonal and promotional campaigns to boost butter sales in Australia. Special promotions during holidays, cooking events, or local food festivals drive consumer interest and increase sales volume, adding to the overall Australia butter market revenue.
Australia Butter Market Summary | Description | Value |
Base Year | AUD Million | 2023 |
Historical period | AUD Million | 2018-2023 |
Forecast Period | AUD Million | 2024-2032 |
Market Size 2023 | AUD Million | 1,159.5 |
Market Size 2032 | AUD Million | 1,748.4 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 4.7% |
CAGR 2024-2032 - Market by Region | New South Wales | 5.3% |
CAGR 2024-2032 - Market by Region | Western Australia | 4.4% |
CAGR 2024-2032 - Market by Type | Cultured Butter | 5.3% |
CAGR 2024-2032 - Market by Distribution Channel | Supermarkets and Hypermarkets | 5.1% |
Market Share by Region | Western Australia | 13.1% |
According to USDA FAS, the milk production in 2022 was estimated to be 8.55 million metric tons. Further, the Australia butter market developments are guided by rising innovations in flavoured butter, such as garlic, herb-infused, or gourmet varieties, further catering to culinary enthusiasts seeking enhanced flavours for cooking and spreading. Moreover, consumers are increasingly drawn to butter brands that prioritise sustainable farming practices, animal welfare, and ethical sourcing. Brands that support fair trade principles or use environmentally friendly packaging resonate with eco-conscious consumers, leading to an increase in Australia butter demand growth.
Australia Butter Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Nature
Market Breakup by Form
Market Breakup by Distribution Channel
Market Breakup by Region
Organic butter holds a major share of the Australia butter market due to consumer preferences for health, sustainability, animal welfare, quality, certification assurance, packaging practices, market accessibility, regulatory support, educational campaigns, and lifestyle choices.
CAGR 2024-2032 - Market by | Region |
New South Wales | 5.3% |
Western Australia | 4.4% |
Australian Capital Territory | 4.2% |
Victoria | XX% |
Queensland | XX% |
Others | XX% |
The growth of the butter market is fueled by trends towards health and wellness, flavoured and speciality products, dairy-free alternatives, sustainability, convenience, online retail growth, innovative packaging, functional ingredients, transparency, and culinary preferences.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is estimated to be valued at AUD 1159.45 million in 2023.
The market is projected to grow at a CAGR of 4.67% between 2024 and 2032.
The revenue generated from the butter market is expected to reach AUD 1748.45 million in 2032.
Based on the type, the butter market is bifurcated into cultured butter, salted butter, whipped butter, uncultured butter, and others.
Key players in the butter industry are Richmond Dairies Pty Ltd., Arla Foods amba (Lupak), Saputo Dairy Australia Pty Ltd., Ballantyne, Fonterra Brands (Australia) Pty Ltd., Bega Cheese Limited, and Crumble Pty Ltd. (Pepe Saya), among others.
Based on nature, the butter market is divided into organic and conventional.
Based on form, the butter market is divided into spreadable and non-spreadable.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
Report Features | Details |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Nature |
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Breakup by Form |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Trade Data Analysis |
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Price Analysis: |
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Competitive Landscape |
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Companies Covered |
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