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Butter is a dairy product and Margarine is non-dairy product.
In many fields, margarine is used as a substitute of butter, but the properties and taste are very fifferent. Butter is made up of butterfat, water and proteins whereas margarine consists of refined vegetable oil, sometimes animal fat. Both are used in cooking, baking or as spreads in various dishes to enrich the taste.
Margarine is more consumed in under- developed countries because of its multiple usages. Butter and margarine market is growing in developed regions with lot of product innovation and growing food service industry. Other drivers that fuel global butter and margarine market are less price difference between butter and margarine and changing customer habits.
Global Butter and Margarine Market Size
The global butter and margarine market is expected to grow with a single digit increase in CAGR between 2015 and 2020.
Global Butter and Margarine Market Segmentation
The global butter and margarine market can be segmented into two major categories on the basis of its usage as spreadable and non-spreadable. We can also segment the global butter and margarine market by product types as cultured butter, uncultured butter and cream and whipped butter, butter margarines, liquid margarines and others margarine varieties. The global butter and margarine market can also be segmented geographically into North America, Western Europe, Asia Pacific, Latin America, Eastern Europe and Middle East & Africa regions.
Demand for butter is more in comparison to margarine due to the preferences of consumers towards natural products (since margarine consists of additives). Decreasing price difference between butter and margarine and increasing home-baking trend drives the demand for butter market. There is rising trend of natural food consumption due to the shift in consumer preference for processed foods.
Among the wide selection of equipment and machines CFT Group is able to offer for the Dairy-Non-Dairy Industry, there are a lot of machines specific for the production of butter and margarine. Among these, our wide range of Olimpic sterilizers and pasteurizers and premium evaporators specifically engineered and manufactured for the Dairy Industry.
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