Vegan Butter Market Research Report – Global Forecast till 2027

Vegan Butter Market Research Report: Information by Type (Vegetable Butter, Nut Butter) Packaging Type (Tubs/Cups, Jars/Bottles) Distribution Channel (Store-Based, Non-Store-Based) Region (North America, Europe, Asia-Pacific, RoW) – Global Forecast 2027

ID: MRFR/F-B & N/5884-HCR | February 2021 | Region: Global | 90 pages

Please note that assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill sample form for updated data.

Market Scenario


Vegan butter is butterfat obtained from plant sources rather than an animal source. It is made from various plant-sources including vegetables and nuts such as peanuts, cocoa, almonds, hazelnut, and cashew. The global vegan butter market is growing at an exponential rate owing to the rising trend of veganism around the globe. A major growth is being observed in the US where approximately 6% of the population has identified themselves as vegan. Moreover, the increasing number of vegan eateries across Europe and Middle East is also contributing towards the growth of the global vegan butter market.


The major determinants that are hampering the growth of the market are the fluctuating prices of raw materials such as nuts and vegetables, and increasing incidences of peanut & tree nut allergies, especially in the US. Moreover, consumers perception towards the taste of vegan butter is emerging as a challenge for the market players.


Segmentation


The global vegan butter market has been segmented based on type, distribution channel, packaging type, and region.


By type, the global vegan butter market has been classified as vegetable butter, nut butter, and others.


The global vegan butter market has also been segregated, on the basis of distribution channel, into store-based, non-store-based. The store-based segment is further bifurcated into supermarkets & hypermarkets, convenience stores, and others.


By packaging type, the global vegan butter market has also been segregated into tubs/cups, jars/bottles, and others.


The global vegan butter market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American vegan butter market has further been segmented into the US, Canada, and Mexico. The European vegan butter market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The vegan butter market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The vegan butter market in the rest of the world has been segmented into South America, the Middle East, and Africa.


Regional Market Summary


Global Vegan Butter Market Share (%), by Region, 2017


Vegan Butter Market


Source: Secondary Source and MRFR Analysis


North America is projected to dominate the vegan butter market during the forecast period owing to the surginig trend of veganism in the region. Europe vegan butter market is projected to register the highest growth rate during the forecast period due to the surging concerns regarding animals and increasing consumer spending towards natural & plant-based products.    


Global Vegan Butter Market, by Type



  • Vegetable Butter

  • Nut Butter

  • Others


Global Vegan Butter Market, by Distribution Channel



  • Store-Based


    • Supermarkets & Hypermarkets

    • Convenience Store

    • Others


  • Non-Store-Based


Global Vegan Butter Market, by Packaging Type



  • Tubs/Cups

  • Jars/Bottles

  • Others


Global Vegan Butter Market, by Region



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific



  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Key Players in the Global Vegan Butter Market



  • Miyoko's (US)

  • I Can't Believe It's Not Butter (US)

  • Conagra Brands, Inc. (US)

  • WayFare Foods (Montana)

  • Prosperity Organic Foods, Inc. (Idaho)

  • Naturli 'Foods A / S (Denmark)

  • Others


Intended Audience



  • Vegan butter manufacturers

  • Vegan butter product exporters & importers

  • Food & beverage manufacturers

  • Vegan butter raw material suppliers



TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of Global Vegan Butter Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Vegan Butter Market, by Type

6.1 Introduction

6.2 Vegetable Butter

6.2.1 Market Estimates & Forecast, 2027–2027

6.2.2 Market Estimates & Forecast, by Region, 2027–2027

6.3 Nut Butter

6.3.1 Market Estimates & Forecast, 2027–2027

6.3.2 Market Estimates & Forecast, by Region, 2027–2027

6.4 Others

6.4.1 Market Estimates & Forecast, 2027–2027

6.4.2 Market Estimates & Forecast, by Region, 2027–2027

7. Global Vegan Butter Market, by Packaging Type

7.1 Introduction

7.2 Tubs/Cups

7.2.1 Market Estimates & Forecast, 2027–2027

7.2.2 Market Estimates & Forecast, by Region, 2027–2027

7.3 Jars/Bottles

7.3.1 Market Estimates & Forecast, 2027–2027

7.3.2 Market Estimates & Forecast, by Region, 2027–2027

7.4 Others

7.4.1 Market Estimates & Forecast, 2027–2027

7.4.2 Market Estimates & Forecast, by Region, 2027–2027

8. Global Vegan Butter Market, by Distribution Channel

8.1 Introduction

8.2 Store-Based

8.2.1 Market Estimates & Forecast, 2017–2027

8.2.2 Market Estimates & Forecast, by Region, 2017–2027

8.2.3 Supermarkets & Hypermarkets

8.2.3.1 Market Estimates & Forecast, 2017–2027

8.2.3.2 Market Estimates & Forecast, by Region, 2017–2027

8.2.4 Convenience Store

8.2.4.1 Market Estimates & Forecast, 2017–2027

8.2.4.2 Market Estimates & Forecast, by Region, 2017–2027

8.2.5 Others

8.2.5.1 Market Estimates & Forecast, 2017–2027

8.2.5.2 Market Estimates & Forecast, by Region, 2017–2027

8.3 Non-Store-Based

8.3.1 Market Estimates & Forecast, 2017–2027

8.3.2 Market Estimates & Forecast, by Region, 2017–2027

9. Global Vegan Butter Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2027–2027

9.2.2 Market Estimates & Forecast, by Type, 2027–2027

9.2.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.2.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2027–2027

9.2.5.2 Market Estimates & Forecast, by Type, 2027–2027

9.2.5.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.2.5.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2027–2027

9.2.6.2 Market Estimates & Forecast, by Type, 2027–2027

9.2.6.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.2.6.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.2.7 Mexico

9.2.7.1 Market Estimates & Forecast, 2027–2027

9.2.7.2 Market Estimates & Forecast, by Type, 2027–2027

9.2.7.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.2.7.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2027–2027

9.3.2 Market Estimates & Forecast, by Type, 2027–2027

9.3.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.3.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2027–2027

9.3.5.2 Market Estimates & Forecast, by Type, 2027–2027

9.3.5.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.2.5.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.3.6 France

9.3.6.1 Market Estimates & Forecast, 2027–2027

9.3.6.2 Market Estimates & Forecast, by Type, 2027–2027

9.3.6.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.3.6.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2027–2027

9.3.7.2 Market Estimates & Forecast, by Type, 2027–2027

9.3.7.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.3.7.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2027–2027

9.3.8.2 Market Estimates & Forecast, by Type, 2027–2027

9.3.8.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.3.8.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.3.9 UK

9.3.9.1 Market Estimates & Forecast, 2027–2027

9.3.9.2 Market Estimates & Forecast, by Type, 2027–2027

9.3.9.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.3.9.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2027–2027

9.3.10.2 Market Estimates & Forecast, by Type, 2027–2027

9.3.10.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.3.10.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2027–2027

9.4.2 Market Estimates & Forecast, by Type, 2027–2027

9.4.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.4.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2027–2027

9.4.5.2 Market Estimates & Forecast, by Type, 2027–2027

9.4.5.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.4.5.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2027–2027

9.4.6.2 Market Estimates & Forecast, by Type, 2027–2027

9.4.6.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.4.6.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2027–2027

9.4.7.2 Market Estimates & Forecast, by Type, 2027–2027

9.4.7.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.4.7.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.4.8 Australia & New Zealand

9.4.8.1 Market Estimates & Forecast, 2027–2027

9.4.8.2 Market Estimates & Forecast, by Type, 2027–2027

9.4.8.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.4.8.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2027–2027

9.4.9.2 Market Estimates & Forecast, by Type, 2027–2027

9.4.9.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.4.9.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.5 Rest of the World (RoW)

9.5.1 Market Estimates & Forecast, 2027–2027

9.5.2 Market Estimates & Forecast, by Type, 2027–2027

9.5.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.5.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.5.5 South America

9.5.5.1 Market Estimates & Forecast, 2027–2027

9.5.5.2 Market Estimates & Forecast, by Type, 2027–2027

9.5.5.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.5.5.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.5.6 The Middle East

9.5.6.1 Market Estimates & Forecast, 2027–2027

9.5.6.2 Market Estimates & Forecast, by Type, 2027–2027

9.5.6.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.5.6.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

9.5.7 Africa

9.5.7.1 Market Estimates & Forecast, 2027–2027

9.5.7.2 Market Estimates & Forecast, by Type, 2027–2027

9.5.7.3 Market Estimates & Forecast, by Packaging Type, 2027–2027

9.5.7.4 Market Estimates & Forecast, by Distribution Channel, 2027–2027

10. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis

(Expansions/ Mergers and Acquisitions/ Joint Ventures/ New Product Developments/ Agreements/ Investments

11. Company Profiles

11.1 Pinnacle Foods Inc.

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 Miyoko's

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 I Can't Believe It's Not Butter

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 WayFare Foods

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Prosperity Organic Foods, Inc.

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 Naturli 'Foods A / S

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

12. Conclusion


LIST OF TABLES

Table 1 Global Vegan Butter Market, by Region, 2027–2027 (USD Million)

Table 2 Global Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 3 Global Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 4 Global Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 5 North America: Vegan Butter Market, by Country, 2027–2027 (USD Million)

Table 6 North America: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 7 North America: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 8 North America: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 9 US: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 10 US: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 11 US: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 12 Canada: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 13 Canada: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 14 Canada: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 15 Mexico: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 16 Mexico: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 17 Mexico: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 18 Europe: Vegan Butter Market, by Country, 2027–2027 (USD Million)

Table 19 Europe: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 20 Europe: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 21 Europe: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 22 Germany: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 23 Germany: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 24 Germany: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 25 France: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 26 France: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 27 France: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 28 Italy: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 29 Italy: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 30 Italy: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 31 Spain: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 32 Spain: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 33 Spain: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 34 UK: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 35 UK: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 36 UK: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 37 Rest of Europe: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 38 Rest of Europe: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 39 Rest of Europe: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 40 Asia-Pacific: Vegan Butter Market, by Country, 2027–2027 (USD Million)

Table 41 Asia-Pacific: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 42 Asia-Pacific: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 43 Asia-Pacific: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 44 China: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 45 China: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 46 China: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 47 India: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 48 India: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 49 India: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 50 Japan: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 51 Japan: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 52 Japan: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 53 Rest of Asia-Pacific: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 54 Rest of Asia-Pacific: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 55 Rest of Asia-Pacific: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 56 Rest of the World (RoW): Vegan Butter Market, by Country, 2027–2027 (USD Million)

Table 57 Rest of the World (RoW): Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 58 Rest of the World (RoW): Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 59 Rest of the World (RoW): Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 60 South America: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 61 South America: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 62 South America: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 63 Middle East: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 64 Middle East: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 65 Middle East: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)

Table 66 Africa: Vegan Butter Market, by Type, 2027–2027 (USD Million)

Table 67 Africa: Vegan Butter Market, by Packaging Type, 2027–2027 (USD Million)

Table 68 Africa: Vegan Butter Market, by Distribution Channel, 2027–2027 (USD Million)


LIST OF FIGURES

FIGURE 1 Global Vegan Butter Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Vegan Butter Market

FIGURE 4 Value Chain of Global Vegan Butter Market

FIGURE 5 Share of Global Vegan Butter Market in 2027, by Country (%)

FIGURE 6 Global Vegan Butter Market, by Region, 2027–2027,

FIGURE 7 Global Vegan Butter Market Size, by Type, 2027

FIGURE 8 Share of Global Vegan Butter Market, by Type, 2027–2027 (%)

FIGURE 9 Global Vegan Butter Market Size, by Packaging Type, 2027

FIGURE 10 Share of Global Vegan Butter Market, by Packaging Type, 2027–2027 (%)

FIGURE 11 Global Vegan Butter Market Size, by Distribution Channel, 2027

FIGURE 12 Share of Global Vegan Butter Market, by Distribution Channel, 2027–2027 (%)