The domestic consumption of butter in the US stands at 989 thousand metric tons in 2024, reflecting a modest increase over the projected period. From 2024 to 2028, the forecast indicates a nearly static trend, with consumption increasing insignificantly to 991 thousand metric tons by 2028. Compared to 2023, the year-on-year growth rate for 2024 is minimal. Over the five-year forecast period, the compound annual growth rate is negligible, denoting stable consumption patterns without substantial fluctuations.
Future trends to watch for include potential shifts in consumer preferences towards healthier alternatives, which may impact butter's domestic consumption. Additionally, changes in trade policies, dairy production dynamics, and economic factors can influence this trend.
