IMARC Group’s latest research report, titled “Ghee Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global ghee market size reached a value of US$ 45.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 68.9 Billion by 2027, growing at a CAGR of 7.18% during 2022-2027. Ghee, also referred to as clarified butter, is an alternative to cooking oil and is often used in the preparation of various Indian as well as middle eastern dishes. It is characterized by a yellowish color and a sweet aroma. It is made by churning milk or buttermilk and undergoing the process of decantation to extract ghee. It is a rich source of proteins, vitamins, potassium, phosphorus, calcium, selenium, antioxidants, fatty acids, and butyric acids.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by source, end user, and distribution channel.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Ghee Market
- Strategies of major players and product offerings
The global market is primarily driven by considerable growth in the food and beverage industry. Furthermore, the growing awareness regarding the benefits of ghee consumption is positively influencing the market growth. Apart from this, the rising demand for ghee-based products due to their high nutritional value is significantly contributing to the market growth. Moreover, the rapid expansion of the retail sector is propelling the market growth. Additionally, the increasing efforts by the manufacturers in enhancing the ghee production process by aiming to extend the shelf life of the product is creating a positive outlook for the market.
Key Players Included in Global Ghee Market Research Report:
- SMC Group – Madhusudan
- VRS Foods
- RSD Group (Gopaljee)
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by source:
- Cow Ghee
- Buffalo Ghee
- Mixed Ghee
Breakup by End-use:
Breakup by Distribution Channel:
- Onvenience stores
- Speciality stores
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
- Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Ghee Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Ghee Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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