The Middle East and Africa Butter and Ghee Market was worth USD XX million in 2016 and estimated to be growing at a CAGR of XX%, to reach USD XX million by 2021. Ghee is clarified butter, but simmered longer to bring out butter's inherent nutty flavor.
Traditionally made from buffalo or cow’s milk, the process of making ghee removes the water and milk fats, leaving a high-smoke point.
Ghee is derived from butter. Whereas butter contains butterfat, milk solids and water, ghee is pure butterfat cooked longer, until all moisture is removed and the milk solids are caramelized and then filtered out.
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The Middle East and Africa Butter and Ghee market is driven by the increasing use of the Butter and Ghee as additives and taste enhancers in a variety of dishes and delicacies. Furthermore, the wide applicability of ghee as a butter substitute in baked goods also acts as a major driver for market growth.
However, rising incidents of obesity and increasing health consciousness act as restraints on market growth.
The Middle-East and Africa Butter and Ghee market is segmented on the basis of volume, distribution channels and by region. On the basis of volume, the market is distributed among imports and exports.
On the basis of distribution channels, the market is segmented into retail stores, supermarkets, hypermarkets and e-retailers.
The market has been geographically segmented into Middle East and Africa. The market is growing slowly because of many problems the region faces, in terms of battles and also, the unstable economy.
However, rising demand among the populace with dispensable incomes and the anticipated growth of demand, are set to help the growth of the market.
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Butter and Ghee Key Market Players:
The major players operating in the Middle East and Africa Butter and Ghee industry include Terra Food LLC, Avn Products, SEWRI Trading Company, Worldlink Entt, Mousa Al Mazim General Trading, Umang Dairies Limited, Prime Lac Supplies, and Export Company MARSHO.
Butter and Ghee Market Segmentation:
By Volume: Imports, Exports
By Distribution Channel: Retail Stores, Supermarkets, Hypermarkets
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of Volume and distribution channel along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
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