India Table Butter Market to Reach INR 60 Bn by 2021, Predicts IMARC Group in Its Topical Study Recently Added at MarketPublishers.com
22 May 2017 • by Natalie Aster
LONDON – Today, table butter is recognized as one of the most commonly consumed dairy product worldwide, it is also used as a basic ingredient in the food industry. As for India, table butter is the most rapidly-growing sector in the country’s food industry.
During 2010-2016, the Indian market for table butter followed an upward trend, registering an impressive 18% CAGR. Key factors that contributed to the national market growth comprise constantly increasing population number, escalating urbanization rates, considerable influence of the western culture on the traditional cooking methods in the country, amid others.
Furthermore, India’s table butter market is poised to keep on growing at a high double-digit CAGR in the next five years to reach the value of around INR 60 billion by the year 2021.
Topical research publication by IMARC Group, titled “Table Butter Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021”, presents an in-depth analysis of the current scenario and landscape of the Indian market for table butter. It presents a detailed coverage of the market dynamics, growth drivers and limiters, competitive landscape, regulative environment and top development trends. This report reviews the current situation across the major states of the country, identifies the most lucrative growth opportunities and key challenges of the country’s table butter market as well as gives access to a comprehensive future outlook with forecasts through 2021. Besides, the report includes SWOT, Porter’s Five Forces and Value Chain analyses of the table butter market in India.
Many other research studies prepared by this publisher can be found in the IMARC Group online catalogue at MarketPublishers.com.