Butter - Kyrgyzstan | Statista Market Forecast

Revenue in the Butter market amounts to US$41.22m in 2024. The market is expected to grow annually by 12.75% (CAGR 2024-2029).
In global comparison, most revenue is generated India (US$7bn in 2024).
In relation to total population figures, per person revenues of US$6.03 are generated in 2024.
In the Butter market, volume is expected to amount to 4.25m kg by 2029. The Butter market is expected to show a volume growth of 7.4% in 2025.0.
The average volume per person in the Butter market is expected to amount to 0.44kg in 2024.

Definition:

Butter is a dairy product made up of several components, such as milk fat, milk proteins, and water. Butter contains a minimum of 80% fat and is widely used in baking and cooking, and as a flavor enhancer for a variety of dishes.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

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Salted butter
Unsalted butter
Cultured butter
Light butter
Flavored butter

Margarine
Vegetable oils
Other animal fats (e.g. lard)
Clarified butter (Ghee)
Peanut butter
Out-of-home consumption

The Butter Market within the Oils & Fats sector in The Food market in Kyrgyzstan is witnessing subdued growth, influenced by factors such as fluctuating dairy prices, changing consumer preferences, and the increasing availability of alternative spreads.

Customer preferences: In Kyrgyzstan, consumers are increasingly gravitating toward healthier and more sustainable dietary choices, leading to a noticeable decline in traditional butter consumption. This shift is influenced by a growing awareness of health issues related to saturated fats and the rising popularity of plant-based alternatives. Additionally, younger demographics are favoring convenience, prompting a surge in demand for easy-to-use spreads and organic options. Cultural emphasis on wellness and modern lifestyles is reshaping the landscape of the butter market, as consumers seek products that align with their evolving values and health goals.

Trends in the market: In Kyrgyzstan, the butter market is experiencing a significant transformation as consumers increasingly opt for healthier and more sustainable options. The decline in traditional butter consumption is notable, driven by heightened awareness of health concerns associated with saturated fats and the rising acceptance of plant-based alternatives. Younger consumers are prioritizing convenience, leading to increased demand for ready-to-use spreads and organic butter options. This shift reflects a broader cultural movement towards wellness and modern lifestyles, prompting industry stakeholders to innovate and adapt their product offerings to meet evolving consumer preferences and health goals.

Local special circumstances: In Kyrgyzstan, the butter market is shaped by unique geographical factors, such as its mountainous terrain, which impacts dairy farming and production capabilities. The cultural significance of traditional dairy products remains strong, yet younger generations are gravitating towards healthier options, influenced by global dietary trends. Regulatory frameworks promoting organic farming and sustainable practices further stimulate innovation within the market. This distinctive blend of local traditions and modern health consciousness is driving a transformation in consumer preferences, leading to greater demand for diverse butter products.

Underlying macroeconomic factors: The butter market in Kyrgyzstan is significantly influenced by macroeconomic factors such as national economic stability, inflation rates, and global commodity prices. The country's reliance on dairy farming means fluctuations in feed costs can directly impact production levels and pricing. Additionally, fiscal policies that promote agricultural subsidies and support for rural development enhance the competitiveness of local dairy producers. Global trends towards health-conscious diets and organic products are also shaping consumer preferences, compelling local producers to innovate. As Kyrgyzstan integrates more into global markets, trade agreements and export opportunities further affect the dynamics of the butter sector, driving both growth and diversification.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.