The Europe Buttermilk Market was worth USD xx million in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx million by 2026.
Market Overview:
Traditionally, Buttermilk is the liquid left after churning butter from the cream. It refers to a large number of dairy based drinks which are common in hot weather conditions. The naturally occurring lactic acid bacteria produced in the milk fermented it. So, it is known as Cultured buttermilk and it has a sour taste caused by lactic acid bacteria.
The tartness of buttermilk is caused by the acid in the milk. The acidity is due to lactic acid produced by the bacteria while fermenting lactose, the primary sugar in milk. Both traditional buttermilk and cultured buttermilk contains lactic acid, but traditional buttermilk is less viscous compared to the cultured buttermilk which is more viscous. Buttermilk can be drunk straight or it can be used in cooking. It is also used in marination of chicken and pork where the lactic acid in the buttermilk helps the meat to retain moisture, tenderize and adds flavour to it.
Drivers and Restraints:
Growing demand for dry dairy products, increasing people's awareness about health (buttermilk contains vitamins, calcium, potassium, and traces of phosphorus), increasing number of buttermilk applications in the animal feed, advanced technology for making buttermilk and availability of powdered buttermilk drive the Europe buttermilk market. However, less shelf life and transport facility in liquid form may restrain the growth of the market.
Europe Buttermilk Market Segmentation Analysis:
The Europe buttermilk market is segmented on the basis of type and application. Based on the type, the market is segmented into Liquid Buttermilk and Buttermilk Powder. Buttermilk powder has the largest revenue due to its longer shelf life, easily packed, low transportation and storing costs. On the basis of application, the market is segmented into Confectionery, Frozen desserts and Ice Cream, Bakery, Dairy-based, Beverages, Specialty foods, Soups and Sauces, Salad dressings and Others. In application segment, dairy based products have the highest revenue and the confectionary products is growing at the fastest rate.
Region Analysis:
The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. In Europe, Germany leads the Buttermilk market, followed by France and U.K.
Key Players in the Market:
Some of the key players in the Europe buttermilk market are Amul, Arla Foods, Dairy America, Sodiaal Group, Fonterra, Dairy Farmers of America, Glanbia, Valley Milk, Associated Milk Producers, Arion Dairy Products, Innova Food Ingredients, Sterling Agro Industries, Grain Millers, Agri-Mark and Land O’ Lakes.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Liquid buttermilk
5.1.3 Buttermilk powder
5.1.4 Y-o-Y Growth Analysis, By Type
5.1.5 Market Attractiveness Analysis, By Type
5.1.6 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Confectionery
5.2.3 Frozen desserts and Ice Cream
5.2.4 Bakery
5.2.5 Dairy-based
5.2.6 Beverages
5.2.7 Specialty foods
5.2.8 Soups and Sauces
5.2.9 Salad dressings
5.2.10 Others
5.2.11 Y-o-Y Growth Analysis, By Application
5.2.12 Market Attractiveness Analysis, By Application
5.2.13 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Amul
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Arla foods
8.3 Dairy America
8.4 Sodiaal Group
8.5 Fonterra
8.6 Dairy Farmers of America
8.7 Glanbia
8.8 Valley Milk
8.9 Associated Milk Producers
8.10 Arion Dairy Products
8.11 Innova Food Ingredients
8.12 Sterling Agro Industries
8.13 Grain Millers
8.14 Agri-Mark
8.15 Land O’ Lakes
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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Feb 2020
