Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Plant-Based Butter Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Plant-Based Butter Industry in 2024 and 2025?
The market size of plant-based butter has seen significant growth lately. The market is projected to increase from $2.76 billion in 2024 to $2.92 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.0%.
What Is the Projected Market Size of the Plant-Based Butter Market in 2029?
By 2029, the global plant-based butter market is projected to reach a market size of $3.93 billion, growing at a compound annual growth rate (CAGR) of 7.7%.
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What Are the Key Drivers of Plant-Based Butter Market Growth?
The key drivers in the plant-based butter market are:
• Rising health consciousness among consumers
• Environmental sustainability concerns
• Expansion of vegan and flexitarian diets
• Investment in marketing, branding, and retail expansion
What Are the Primary Segmentation Categories in the Plant-Based Butter Market?
The plant-based buttermarket covered in this report is segmented –
1) By Nature: Organic, Conventional
2) By Source: Nuts, Avocados, Coconut, Olive Oil, Canola, Palm Fruit, Other Sources
3) By Application: Food And Beverage Industry, Food Service Industry, Households
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What Are the Major Trends Shaping the Plant-Based Butter Market in 2025 and Beyond?
The key trends in the plant-based butter market are:
• The market is trending towards collaborations and partnerships.
• There is an increased focus on sustainability and eco-friendly packaging in the industry.
• Celebrity endorsements and influencer marketing are becoming more prevalent in marketing strategies.
• Diverse product offerings, retail expansion and accessibility are key emerging trends.
Who Are the Emerging Players in the Plant-Based Butter Market?
Major players in the plant-based butter market are:
• Conagra Brands Inc.
• Upfield Holdings B.V.
• Pure Blends
• Nutiva Inc.
• Jem Organics
• Melt Organic
• ForA Foods
• Miyoko's Creamery
• Prosperity Organic Food Inc.
• Premier Organics
• Naturli Foods Ltd.
• Daisya Fine Food Ltd.
• The Forager Project
• Goodmylk Ltd.
• Milkadamia Co.
• Nuts For Cheese
• Axia Foods Inc.
• WayFare Foods
• Earth Balance
• Country Crock
• Flora Plant Butter
• Vitalite
• Nutcrafter Creamery & Bakery Inc.
• Treeline Cheese Co.
Which Regions Are Leading the Growth in the Global Plant-Based Butter Market?
North America was the largest region in the plant-based butter market in 2024
