Global Butter Market to Surpass 10 Million Metric Tons by 2015, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Butter markets. The world market for butter is projected to exceed 10 million metric tons by the year 2015. With the dairy industry back on its recovery path in 2009, the global butter market appears to have been partly stabilized, following the drubbing that the butter industry endured during the global economic recession. Demand for butter worldwide is expected to rise in the near term, owing to significant growth in demand from developing regions, including Asia-Pacific and Latin America.

Butter: A Global Strategic Business Report

Butter is one of the least traded commodities worldwide, when compared to its production volumes, as most of the butter produced ends up being consumed in respective countries, with exception of few countries such as New Zealand that are more focused on export markets. While India leads the global butter production, the country's share in the global butter trade is dismal, as most of the butter produced in the country is consumed domestically. On the other hand, New Zealand, the fourth largest producer of butter worldwide, tops the global butter exports.

Asia Pacific continues to dominate the global butter market as stated by the new market research report on Butter. While growth in butter demand in developed nations remains feeble, owing partly to increasing pressure from low-fat alternatives, emerging regions bode brighter growth prospects. Butter demand in the US is facing significant challenges from substitute products such as margarine and peanut butter. Europe is the second largest consumer of butter globally, trailing behind Asia-Pacific.

The global marketplace is characterized by participants such as Arla Foods Amba, JM Smucker Company, ConAgra Foods, Inc., Land O'Lakes, Inc., Keller's Creamery, Challenge Dairy Products, Tillamook County Creamery, Warrnambool Cheese And Butter Factory Company Holdings Limited, The Devon Cream Company, Smart Balance, Inc., Saputo, Inc., Royal FrieslandCampina N.V., Marantha Natural Foods, Fonterra Co-operative Group, Dean Foods Company, Danone SA, Dairy Crest Group PLC, Wonder Sun Dairy Co., Ltd., Unilever, Beijing Sanyuan Foods Co, Ltd.

The report titled "Butter: A Global Strategic Business Report" announced provides a comprehensive review of market trends, drivers, product profile, players, competition, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as the US, Canada, Japan, Europe, Asia-pacific, Latin America and Rest of World.

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Butter_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)strategyR(dot)com
Web Site http://www.strategyr.com/

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