Report Update Jan 1, 2025

Northern America - Butter and Dairy Spreads - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Market for Butter And Dairy Spreads 2025

Market Size for Butter And Dairy Spreads in Northern America

In 2022, the North American butter and dairy spreads market decreased by -0.9% to $X, falling for the third consecutive year after six years of growth. Over the period under review, consumption, however, saw a resilient increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Butter And Dairy Spreads in Northern America

In value terms, butter and dairy spreads production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by 15%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The country with the largest volume of butter and dairy spreads production was the United States (X tons), accounting for 99.9% of total volume.

In the United States, butter and dairy spreads production remained relatively stable over the period from 2012-2022.

Exports of Butter And Dairy Spreads

Exports in Northern America

In 2022, shipments abroad of butter and dairy spreads increased by 48% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports showed a pronounced increase. The growth pace was the most rapid in 2021 with an increase of 104% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, butter and dairy spreads exports skyrocketed to $X in 2022. Overall, exports continue to indicate a tangible increase. The pace of growth appeared the most rapid in 2021 when exports increased by 103%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) represented roughly 99.9% of total exports in 2022.

The United States was also the fastest-growing in terms of the butter and dairy spreads exports, with a CAGR of +3.5% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest butter and dairy spreads supplier in Northern America.

In the United States, butter and dairy spreads exports expanded at an average annual rate of +3.9% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, reducing by -7.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by 18%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.3% per year.

Imports of Butter And Dairy Spreads

Imports in Northern America

In 2022, butter and dairy spreads imports in Northern America expanded notably to X tons, with an increase of 9.9% compared with the previous year's figure. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 65% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, butter and dairy spreads imports surged to $X in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 75%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the United States (X tons) was the main importer of butter and dairy spreads, constituting 65% of total imports. It was distantly followed by Canada (X tons), comprising a 34% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the United States (with a CAGR of +19.1%).

In value terms, the United States ($X) constitutes the largest market for imported butter and dairy spreads in Northern America, comprising 72% of total imports. The second position in the ranking was held by Canada ($X), with a 27% share of total imports.

In the United States, butter and dairy spreads imports increased at an average annual rate of +26.6% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, jumping by 22% against the previous year. Import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and dairy spreads import price increased by +26.9% against 2020 indices. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for butter and dairy spreads in Northern America?

The country with the largest volume of butter and dairy spreads consumption was the United States, accounting for 88% of total volume. Moreover, butter and dairy spreads consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, sevenfold.

What are the largest producers of butter and dairy spreads in Northern America?

The United States constituted the country with the largest volume of butter and dairy spreads production, comprising approx. 89% of total volume. Moreover, butter and dairy spreads production in the United States exceeded the figures recorded by the second-largest producer, Canada, eightfold.

What are the leading suppliers of butter and dairy spreads in Northern America?

In value terms, the United States remains the largest butter and dairy spreads supplier in Northern America.

What are the leading importers of butter and dairy spreads in Northern America?

In value terms, the United States constitutes the largest market for imported butter and dairy spreads in Northern America, comprising 77% of total imports. The second position in the ranking was occupied by Canada, with a 22% share of total imports.

What is the average export price for butter and dairy spreads in Northern America?

In 2020, the butter and dairy spreads export price in Northern America amounted to $3,968 per ton, with a decrease of -15% against the previous year.

What is the average import price for butter and dairy spreads in Northern America?

In 2020, the butter and dairy spreads import price in Northern America amounted to $6,996 per ton, surging by 15% against the previous year.

This report provides an in-depth analysis of the market for butter and dairy spreads in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 983 - Butter and Ghee of Sheep Milk
FCL 1022 - Butter of Goat Milk
FCL 952 - Butter of Buffalo Milk
FCL 886 - Butter of Cow Milk

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Producing Animals, By Country, 2012-2024
7. Yield, By Country, 2012-2024
8. Imports, In Physical Terms, By Country, 2012–2024
9. Imports, In Value Terms, By Country, 2012–2024
10. Import Prices, By Country Of Destination, 2012–2024
11. Exports, In Physical Terms, By Country, 2012–2024
12. Exports, In Value Terms, By Country, 2012–2024
13. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2024
19. Production, In Value Terms, 2012–2024
20. Producing Animals, 2012–2024
21. Yield, 2012–2024
22. Production, By Country, 2024
23. Production, In Physical Terms, By Country, 2012–2024
24. Producing Animals, By Country, 2024
25. Producing Animals, By Country, 2012-2024
26. Yield, By Country, 2012-2024
27. Imports, In Physical Terms, 2012–2024
28. Imports, In Value Terms, 2012–2024
29. Imports, In Physical Terms, By Country, 2024
30. Imports, In Physical Terms, By Country, 2012–2024
31. Imports, In Value Terms, By Country, 2012–2024
32. Import Prices, By Country, 2012–2024
33. Exports, In Physical Terms, 2012–2024
34. Exports, In Value Terms, 2012–2024
35. Exports, In Physical Terms, By Country, 2024
36. Exports, In Physical Terms, By Country, 2012–2024
37. Exports, In Value Terms, By Country, 2012–2024
38. Export Prices, 2012–2024