In 2023, the butter supply in the US was 1.15 million metric tons. From 2024 onwards, the predictions show a consistent increase with an average annual growth rate of approximately 1% from 2024 to 2028. Notably, the year-on-year growth from 2024 to 2025 is around 0.85%, and from 2025 to 2026 it’s roughly 1.69%, indicating a steady upward trend.

Future trends to watch for:

Potential impact of dairy production advancements on butter supply.
Shifts in consumer dietary preferences towards vegan and plant-based alternatives.
Trade policies and tariffs that could affect international dairy trade dynamics.