As per data revealed by the Food and Agricultural Organization (FAO), approximately 150 million households across the globe are engaged in the production of milk. Butter is a dairy product composed of 80% of milk fat while texturized butter is a technology butter which is produced through a mechanical process such as scraped surface exchanger and others in order to obtain perfect crystallization and texture required for multiple applications.
The use of texturized butter has been expanding at a considerable growth rate owing to its authenticated and traditional taste. Texturized butter is known to be an effective alternative in comparison to the winter butter in terms of overall production performance in delivering effective texture and taste. The global texturized butter market is expected to experience considerable growth owing to its expanding application in the bakery industry.
Bakery product manufacturers today are looking for ingredients which meet their custom requirements of desired smoothness, consistency, texture, flavor and other characteristics thus, leading to an increasing number of manufacturers to look for alternative options to the traditional butter. Texturized butter meets all the desired needs of individuals by offering perfect crystallization. Furthermore, growing consumer’s perception towards “naturalness” and “organic” has resulted in increasing consumption of texturized butter for specific needs. Texturized butter is the ideal choice of butter and is specially manufactured for sheeted, laminated and puff pastry dough due to its smooth and homogenous texture thus offering good dough consistency and does not stick while laminating. Demand for texturized butter from developing countries such as U.S., Germany, Spain, France, U.K., Russia and others are expected to boost the revenue generation in the global market of texturized butter in the near future. Growing demand for premium butter products coupled with rising disposable income has pushed consumers across the globe to spend more on food products thus contributing towards the market for texturized butter globally. Furthermore, the global texturized butter market is also benefited due to its excellent plasticity, homogeneous distribution, and perfect impermeability between layers while sheeting/laminating.
Opportunities for Market Participants – Milk and milk products are gaining immense attention due to their high nutritional value. Markets such as the Middle East, North America, and other Asian countries are experiencing significant demand for milk and milk-based products which is driving the consumption of butter hence, the consumption of texturized butter. Furthermore, demand for specific flavors, consistency, texture, firmness for certain industrial applications is expected to create the market opportunity for manufacturers to bring such products in the market and hence contribute towards the market growth of texturized butter over the forecast period.
Global Texturized Butter Market: Key Players
Some of the key players operating in the global Texturized Butter market are Flechard SA, Uelzena Group, LacPatrick Dairies (ROI) Limited, Gourmand S.A., Royal VIV Buisman, Ballyrashane Creamery, LACTALIS Ingredients, Middledale Foods, PIERMEN B.V., Michigan Milk Producers Association, Kriemhild Dairy Farms, LLC among others.
Growing manufacturer’s effort to launch new products in the market place as per customers’ needs is expected to drive the market for texturized butter in the near future.
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