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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Butter Market within the Oils & Fats sector in Tajikistan is experiencing mild growth, influenced by factors such as changing consumer preferences, increasing demand for dairy products, and the rising popularity of healthier cooking options.
Customer preferences: Consumers in Tajikistan are increasingly prioritizing health and wellness, leading to a notable shift towards butter alternatives that offer lower fat content and organic options. The younger demographic, influenced by global health trends and social media, is more inclined to experiment with diverse culinary practices, integrating butter into a balanced diet rather than using it as a primary fat source. This change is further fueled by growing awareness of dietary impacts, prompting families to seek healthier, locally sourced dairy products that align with traditional flavors and modern nutritional needs.
Trends in the market: In Tajikistan, the Butter Market within the Oils & Fats sector is evolving as consumers increasingly gravitate towards healthier alternatives. There is a notable shift towards plant-based spreads and organic butter options, driven by heightened health consciousness among the younger population. This demographic, influenced by social media and global wellness trends, is experimenting with new culinary practices, using butter more sparingly. As families seek locally sourced dairy products that blend traditional flavors with modern nutritional standards, industry stakeholders must adapt by innovating their product lines and emphasizing health benefits to remain competitive in this dynamic market.
Local special circumstances: In Tajikistan, the Butter Market within the Oils & Fats sector is shaped by unique local factors, including the country’s rich dairy heritage and mountainous geography, which influences dairy farming practices. Traditional methods of butter production remain prevalent, with many families valuing artisanal techniques passed down through generations. Culturally, butter is integral to Tajik cuisine, often used in festive dishes and daily meals. Additionally, regulatory support for local dairy farmers fosters a focus on quality and sustainability, encouraging innovation in product offerings that cater to health-conscious consumers while preserving traditional flavors.
Underlying macroeconomic factors: The Butter Market in Tajikistan is significantly influenced by macroeconomic factors such as agricultural policies, trade relations, and economic stability. National economic health, characterized by GDP growth and inflation rates, directly impacts consumer purchasing power and demand for dairy products. Favorable fiscal policies that support local dairy farmers promote investment in infrastructure and technology, enhancing production efficiency. Additionally, global trends like fluctuating oil prices affect the cost of inputs, while increasing health consciousness among consumers drives demand for high-quality, natural butter. These factors collectively shape the market dynamics, balancing traditional practices with modern consumer preferences.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights