The US ghee and butter production is forecasted to increase steadily from 914.6 thousand metric tons in 2024 to 952.06 thousand metric tons in 2028, reflecting a growing demand or enhanced production efficiency. Notably, year-on-year growth rates from 2024 to 2028 are consistent, indicating a stable industry expansion. As of 2023, production stood at [Insert 2023 value] thousand metric tons, highlighting a progressive improvement. The compound annual growth rate (CAGR) over the five-year period remains robust, showcasing a balanced development trajectory.
Future trends to monitor include the impact of health consciousness on butter consumption, technological advancements in dairy processing, and potential regulatory shifts impacting production processes. Additionally, the growing popularity of plant-based alternatives may pose a competitive challenge to traditional butter and ghee markets.
