In 2023, Pakistan led in global butter production with 980.52 thousand metric tons, followed by the United States producing 882.17 thousand metric tons. Other notable contributors include the Russian Federation and Iran with 314.18 and 142.61 thousand metric tons, respectively. Canada and Australia also showed significant production levels of 120.35 and 74.13 thousand metric tons. By 2029, production is expected to increase for certain countries: Pakistan (2.97%), South Africa (3.01%), and Ethiopia (2.59%), while Australia and Switzerland may see a decline (-0.18% and -0.56% respectively).
Future trends to watch for in global butter production include increased consumption in developing regions leading to higher local production, potential impacts of climate change on dairy farming, and shifts in consumer preferences toward alternative dairy products. Monitoring technological advancements in dairy production and policy changes regarding dairy trade will also be crucial for understanding future dynamics in the butter production landscape.
Top countries in Butter Production, Forecast 2020-2029 by Country
# | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Pakistan | 980.52 | 2029 | +2.94% | +2.97% | View data |
2 | 2 United States | 882.17 | 2029 | +0.17% | +0.21% | View data |
3 | 3 Russian Federation | 314.18 | 2024 | |||
4 | 4 Iran | 142.61 | 2029 | -0.073% | -0.063% | View data |
5 | 5 Canada | 120.35 | 2029 | +1.67% | +1.71% | View data |
6 | 6 Australia | 74.13 | 2029 | -0.26% | -0.18% | View data |
7 | 7 Switzerland | 42.73 | 2029 | -0.61% | -0.56% | View data |
8 | 8 South Africa | 24.91 | 2029 | +3.1% | +3.01% | View data |
9 | 9 Colombia | 21.25 | 2029 | +1.12% | +1.19% | View data |
10 | 10 Ethiopia | 19.31 | 2029 | +2.54% | +2.59% | View data |