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Cultured Buttermilk Market Size

  • Report ID: GMI11983
  • Published Date: Oct 2024
  • Report Format: PDF

Cultured Buttermilk Market Size

The global cultured buttermilk market size was valued at USD 1.6 billion in 2023 and is estimated to grow at a CAGR of over 4.1% from 2024 to 2032. Cultured buttermilk has seen significant growth in recent years, driven by rising consumer demand for probiotic-rich dairy products and increasing awareness of health benefits associated with fermented foods. Its applications extend beyond traditional uses in baking and cooking; it's increasingly incorporated into smoothies, dressings, and snacks, appealing to health-conscious consumers.

 

Additionally, the growing trend towards clean-label and natural ingredients has bolstered the market, as cultured buttermilk is often perceived as a healthier alternative to synthetic flavorings and preservatives. Innovations in product formulation and flavor profiles are also expanding its use in various culinary applications. Overall, the cultured buttermilk market is poised for continued growth as consumers increasingly prioritize nutrition and taste.
 

For instance, in April 2023, Sid's Farm launched a new buttermilk product as a refreshing summer drink, targeting health-conscious consumers. This introduction aligns with the growing demand in the buttermilk powder market, driven by consumer interest in nutritious and probiotic-rich beverages. As more brands, like Sid's Farm, focus on high-quality ingredients and health benefits, the market for buttermilk powder is expected to expand further, catering to a rising preference for convenient, health-oriented dairy options.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of cultured buttermilk reached USD 1.6 billion in 2023 and is estimated to grow at a 4.1% CAGR from 2024 to 2032, driven by rising consumer demand for probiotic-rich dairy products.

The traditional cultured buttermilk segment recorded over USD 1.1 billion in 2023 and is expected to expand at a 4.2% CAGR during 2024-2032, due to its established heritage and widespread consumer familiarity.

The U.S. market was valued at approximately USD 352.8 million in 2023 and is projected to witness 3.1% CAGR through 2032, led by a strong dairy industry and growing consumer interest in probiotic-rich foods.

The industry features key players such as Bettys and Taylors Group, Bharat Group, California Tea House, COFCO, FMS Consumer Products, Lupicia, Panella Foods and Beverages, Stash Tea, Teasenz, and Vahdam.

Cultured Buttermilk Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 165
  • Countries covered: 18
  • Pages: 235
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