Global Reduced Fat Butter report from Global Insight Services is the single authoritative source of intelligence on Reduced Fat Butter market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Reduced fat butter is a type of butter that contains less fat than regular butter. It is made by removing some of the fat from milk and cream, and then adding water and other ingredients to make up for the lost volume. Reduced fat butter typically contains about half the amount of fat as regular butter.
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Market Segments
The Reduced Fat Butter Market is segmented based on form, type, application, and region. Based on form, the market is divided into spreadable and non-spreadable. By type, it is bifurcated into salted and unsalted. By application, it is classified into household use and commercial use. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Reduced Fat Butter Market report includes players such as Kerry Gold, Land O’Lakes, Arla Foods, Lam Soon Group, Agral S.A, Upfield, Finlandia Cheese Inc., Aurivo Co-operative Society Ltd., Rockview Farms, and Saputo Dairy Australia PTY Ltd.
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Key Drivers
The key drivers of the global reduced fat butter market are the rising health consciousness among consumers and the growing preference for low-fat products.
The rising health consciousness among consumers is one of the key drivers of the global reduced fat butter market. Consumers are becoming more aware of the health risks associated with the consumption of high-fat products. This is prompting them to switch to low-fat alternatives, such as reduced fat butter. In addition, the growing preference for low-fat products, owing to their health benefits, is also driving the demand for reduced fat butter.
The other key drivers of the global reduced fat butter market include the increasing disposable incomes and the changing lifestyle of consumers. The increasing disposable incomes are enabling consumers to purchase premium products, such as reduced fat butter. In addition, the changing lifestyle of consumers, particularly in developed countries, is also driving the demand for reduced fat butter.
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