Table of Contents 1 Market Overview 1.1 Buttermilk Introduction 1.2 Market Analysis by Type 1.2.1 Liquid Buttermilk 1.2.2 Buttermilk Powder 1.3 Market Analysis by Applications 1.3.1 Confectionery 1.3.2 Ice Cream 1.3.3 Bakery 1.3.4 Dairy-based Sauces 1.3.5 Other 1.4 Market Analysis by Regions 1.4.1 North America (USA, Canada and Mexico) 1.4.1.1 USA Market States and Outlook (2012-2022) 1.4.1.2 Canada Market States and Outlook (2012-2022) 1.4.1.3 Mexico Market States and Outlook (2012-2022) 1.4.2 Europe (Germany, France, UK, Russia and Italy) 1.4.2.1 Germany Market States and Outlook (2012-2022) 1.4.2.2 France Market States and Outlook (2012-2022) 1.4.2.3 UK Market States and Outlook (2012-2022) 1.4.2.4 Russia Market States and Outlook (2012-2022) 1.4.2.5 Italy Market States and Outlook (2012-2022) 1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) 1.4.3.1 China Market States and Outlook (2012-2022) 1.4.3.2 Japan Market States and Outlook (2012-2022) 1.4.3.3 Korea Market States and Outlook (2012-2022) 1.4.3.4 India Market States and Outlook (2012-2022) 1.4.3.5 Southeast Asia Market States and Outlook (2012-2022) 1.4.4 South America, Middle East and Africa 1.4.4.1 Brazil Market States and Outlook (2012-2022) 1.4.4.2 Egypt Market States and Outlook (2012-2022) 1.4.4.3 Saudi Arabia Market States and Outlook (2012-2022) 1.4.4.4 South Africa Market States and Outlook (2012-2022) 1.4.4.5 Nigeria Market States and Outlook (2012-2022) 1.5 Market Dynamics 1.5.1 Market Opportunities 1.5.2 Market Risk 1.5.3 Market Driving Force 2 Manufacturers Profiles 2.1 Amul 2.1.1 Business Overview 2.1.2 Buttermilk Type and Applications 2.1.2.1 Type 1 2.1.2.2 Type 2 2.1.3 Amul Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.2 Arla Foods 2.2.1 Business Overview 2.2.2 Buttermilk Type and Applications 2.2.2.1 Type 1 2.2.2.2 Type 2 2.2.3 Arla Foods Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.3 DairyAmerica 2.3.1 Business Overview 2.3.2 Buttermilk Type and Applications 2.3.2.1 Type 1 2.3.2.2 Type 2 2.3.3 DairyAmerica Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.4 Sodiaal Group 2.4.1 Business Overview 2.4.2 Buttermilk Type and Applications 2.4.2.1 Type 1 2.4.2.2 Type 2 2.4.3 Sodiaal Group Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.5 Fonterra 2.5.1 Business Overview 2.5.2 Buttermilk Type and Applications 2.5.2.1 Type 1 2.5.2.2 Type 2 2.5.3 Fonterra Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.6 Dairy Farmers of America 2.6.1 Business Overview 2.6.2 Buttermilk Type and Applications 2.6.2.1 Type 1 2.6.2.2 Type 2 2.6.3 Dairy Farmers of America Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.7 Glanbia 2.7.1 Business Overview 2.7.2 Buttermilk Type and Applications 2.7.2.1 Type 1 2.7.2.2 Type 2 2.7.3 Glanbia Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.8 Valley Milk 2.8.1 Business Overview 2.8.2 Buttermilk Type and Applications 2.8.2.1 Type 1 2.8.2.2 Type 2 2.8.3 Valley Milk Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.9 Associated Milk Producers 2.9.1 Business Overview 2.9.2 Buttermilk Type and Applications 2.9.2.1 Type 1 2.9.2.2 Type 2 2.9.3 Associated Milk Producers Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.10 Arion Dairy Products 2.10.1 Business Overview 2.10.2 Buttermilk Type and Applications 2.10.2.1 Type 1 2.10.2.2 Type 2 2.10.3 Arion Dairy Products Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.11 Innova Food Ingredients 2.11.1 Business Overview 2.11.2 Buttermilk Type and Applications 2.11.2.1 Type 1 2.11.2.2 Type 2 2.11.3 Innova Food Ingredients Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.12 Sterling Agro Industries 2.12.1 Business Overview 2.12.2 Buttermilk Type and Applications 2.12.2.1 Type 1 2.12.2.2 Type 2 2.12.3 Sterling Agro Industries Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.13 Grain Millers 2.13.1 Business Overview 2.13.2 Buttermilk Type and Applications 2.13.2.1 Type 1 2.13.2.2 Type 2 2.13.3 Grain Millers Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.14 Agri-Mark 2.14.1 Business Overview 2.14.2 Buttermilk Type and Applications 2.14.2.1 Type 1 2.14.2.2 Type 2 2.14.3 Agri-Mark Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 2.15 Land O’ Lakes 2.15.1 Business Overview 2.15.2 Buttermilk Type and Applications 2.15.2.1 Type 1 2.15.2.2 Type 2 2.15.3 Land O’ Lakes Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 3 Global Buttermilk Market Competition, by Manufacturer 3.1 Global Buttermilk Sales and Market Share by Manufacturer 3.2 Global Buttermilk Revenue and Market Share by Manufacturer 3.3 Market Concentration Rate 3.3.1 Top 3 Buttermilk Manufacturer Market Share 3.3.2 Top 6 Buttermilk Manufacturer Market Share 3.4 Market Competition Trend 4 Global Buttermilk Market Analysis by Regions 4.1 Global Buttermilk Sales, Revenue and Market Share by Regions 4.1.1 Global Buttermilk Sales by Regions (2012-2017) 4.1.2 Global Buttermilk Revenue by Regions (2012-2017) 4.2 North America Buttermilk Sales and Growth (2012-2017) 4.3 Europe Buttermilk Sales and Growth (2012-2017) 4.4 Asia-Pacific Buttermilk Sales and Growth (2012-2017) 4.5 South America Buttermilk Sales and Growth (2012-2017) 4.6 Middle East and Africa Buttermilk Sales and Growth (2012-2017) 5 North America Buttermilk by Countries 5.1 North America Buttermilk Sales, Revenue and Market Share by Countries 5.1.1 North America Buttermilk Sales by Countries (2012-2017) 5.1.2 North America Buttermilk Revenue by Countries (2012-2017) 5.2 USA Buttermilk Sales and Growth (2012-2017) 5.3 Canada Buttermilk Sales and Growth (2012-2017) 5.4 Mexico Buttermilk Sales and Growth (2012-2017) 6 Europe Buttermilk by Countries 6.1 Europe Buttermilk Sales, Revenue and Market Share by Countries 6.1.1 Europe Buttermilk Sales by Countries (2012-2017) 6.1.2 Europe Buttermilk Revenue by Countries (2012-2017) 6.2 Germany Buttermilk Sales and Growth (2012-2017) 6.3 UK Buttermilk Sales and Growth (2012-2017) 6.4 France Buttermilk Sales and Growth (2012-2017) 6.5 Russia Buttermilk Sales and Growth (2012-2017) 6.6 Italy Buttermilk Sales and Growth (2012-2017) 7 Asia-Pacific Buttermilk by Countries 7.1 Asia-Pacific Buttermilk Sales, Revenue and Market Share by Countries 7.1.1 Asia-Pacific Buttermilk Sales by Countries (2012-2017) 7.1.2 Asia-Pacific Buttermilk Revenue by Countries (2012-2017) 7.2 China Buttermilk Sales and Growth (2012-2017) 7.3 Japan Buttermilk Sales and Growth (2012-2017) 7.4 Korea Buttermilk Sales and Growth (2012-2017) 7.5 India Buttermilk Sales and Growth (2012-2017) 7.6 Southeast Asia Buttermilk Sales and Growth (2012-2017) 8 South America Buttermilk by Countries 8.1 South America Buttermilk Sales, Revenue and Market Share by Countries 8.1.1 South America Buttermilk Sales by Countries (2012-2017) 8.1.2 South America Buttermilk Revenue by Countries (2012-2017) 8.2 Brazil Buttermilk Sales and Growth (2012-2017) 8.3 Argentina Buttermilk Sales and Growth (2012-2017) 8.4 Columbia Buttermilk Sales and Growth (2012-2017) 9 Middle East and Africa Buttermilk by Countries 9.1 Middle East and Africa Buttermilk Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Buttermilk Sales by Countries (2012-2017) 9.1.2 Middle East and Africa Buttermilk Revenue by Countries (2012-2017) 9.2 Saudi Arabia Buttermilk Sales and Growth (2012-2017) 9.3 UAE Buttermilk Sales and Growth (2012-2017) 9.4 Egypt Buttermilk Sales and Growth (2012-2017) 9.5 Nigeria Buttermilk Sales and Growth (2012-2017) 9.6 South Africa Buttermilk Sales and Growth (2012-2017) 10 Global Buttermilk Market Segment by Type 10.1 Global Buttermilk Sales, Revenue and Market Share by Type (2012-2017) 10.1.1 Global Buttermilk Sales and Market Share by Type (2012-2017) 10.1.2 Global Buttermilk Revenue and Market Share by Type (2012-2017) 10.2 Liquid Buttermilk Sales Growth and Price 10.2.1 Global Liquid Buttermilk Sales Growth (2012-2017) 10.2.2 Global Liquid Buttermilk Price (2012-2017) 10.3 Buttermilk Powder Sales Growth and Price 10.3.1 Global Buttermilk Powder Sales Growth (2012-2017) 10.3.2 Global Buttermilk Powder Price (2012-2017) 11 Global Buttermilk Market Segment by Application 11.1 Global Buttermilk Sales Market Share by Application (2012-2017) 11.2 Confectionery Sales Growth (2012-2017) 11.3 Ice Cream Sales Growth (2012-2017) 11.4 Bakery Sales Growth (2012-2017) 11.5 Dairy-based Sauces Sales Growth (2012-2017) 11.6 Other Sales Growth (2012-2017) 12 Buttermilk Market Forecast (2017-2022) 12.1 Global Buttermilk Sales, Revenue and Growth Rate (2017-2022) 12.2 Buttermilk Market Forecast by Regions (2017-2022) 12.2.1 North America Buttermilk Market Forecast (2017-2022) 12.2.2 Europe Buttermilk Market Forecast (2017-2022) 12.2.3 Asia-Pacific Buttermilk Market Forecast (2017-2022) 12.2.4 South America Buttermilk Market Forecast (2017-2022) 12.2.5 Middle East and Africa Buttermilk Market Forecast (2017-2022) 12.3 Buttermilk Market Forecast by Type (2017-2022) 12.4 Buttermilk Market Forecast by Application (2017-2022) 13 Sales Channel, Distributors, Traders and Dealers 13.1 Sales Channel 13.1.1 Direct Marketing 13.1.2 Indirect Marketing 13.1.3 Marketing Channel Future Trend 13.2 Distributors, Traders and Dealers 14 Research Findings and Conclusion 15 Appendix 15.1 Methodology 15.2 Analyst Introduction 15.3 Data Source

List of Tables and Figures Figure Buttermilk Picture Table Product Specifications of Buttermilk Figure Global Sales Market Share of Buttermilk by Types in 2016 Table Buttermilk Types for Major Manufacturers Figure Liquid Buttermilk Picture Figure Buttermilk Powder Picture Table Buttermilk Sales Market Share by Applications in 2016 Figure Confectionery Picture Figure Ice Cream Picture Figure Bakery Picture Figure Dairy-based Sauces Picture Figure Other Picture Figure USA Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Canada Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Mexico Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Germany Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure France Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure UK Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Russia Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Italy Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure China Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Japan Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Korea Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure India Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Southeast Asia Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Brazil Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Egypt Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Saudi Arabia Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure South Africa Buttermilk Revenue (Value) and Growth Rate (2012-2022) Figure Nigeria Buttermilk Revenue (Value) and Growth Rate (2012-2022) Table Amul Basic Information, Manufacturing Base and Competitors Table Amul Buttermilk Type and Applications Table Amul Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Arla Foods Basic Information, Manufacturing Base and Competitors Table Arla Foods Buttermilk Type and Applications Table Arla Foods Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table DairyAmerica Basic Information, Manufacturing Base and Competitors Table DairyAmerica Buttermilk Type and Applications Table DairyAmerica Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Sodiaal Group Basic Information, Manufacturing Base and Competitors Table Sodiaal Group Buttermilk Type and Applications Table Sodiaal Group Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Fonterra Basic Information, Manufacturing Base and Competitors Table Fonterra Buttermilk Type and Applications Table Fonterra Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Dairy Farmers of America Basic Information, Manufacturing Base and Competitors Table Dairy Farmers of America Buttermilk Type and Applications Table Dairy Farmers of America Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Glanbia Basic Information, Manufacturing Base and Competitors Table Glanbia Buttermilk Type and Applications Table Glanbia Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Valley Milk Basic Information, Manufacturing Base and Competitors Table Valley Milk Buttermilk Type and Applications Table Valley Milk Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Associated Milk Producers Basic Information, Manufacturing Base and Competitors Table Associated Milk Producers Buttermilk Type and Applications Table Associated Milk Producers Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Arion Dairy Products Basic Information, Manufacturing Base and Competitors Table Arion Dairy Products Buttermilk Type and Applications Table Arion Dairy Products Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Innova Food Ingredients Basic Information, Manufacturing Base and Competitors Table Innova Food Ingredients Buttermilk Type and Applications Table Innova Food Ingredients Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Sterling Agro Industries Basic Information, Manufacturing Base and Competitors Table Sterling Agro Industries Buttermilk Type and Applications Table Sterling Agro Industries Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Grain Millers Basic Information, Manufacturing Base and Competitors Table Grain Millers Buttermilk Type and Applications Table Grain Millers Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Agri-Mark Basic Information, Manufacturing Base and Competitors Table Agri-Mark Buttermilk Type and Applications Table Agri-Mark Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Land O’ Lakes Basic Information, Manufacturing Base and Competitors Table Land O’ Lakes Buttermilk Type and Applications Table Land O’ Lakes Buttermilk Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Global Buttermilk Sales by Manufacturer (2016-2017) Figure Global Buttermilk Sales Market Share by Manufacturer in 2016 Figure Global Buttermilk Sales Market Share by Manufacturer in 2017 Table Global Buttermilk Revenue by Manufacturer (2016-2017) Figure Global Buttermilk Revenue Market Share by Manufacturer in 2016 Figure Global Buttermilk Revenue Market Share by Manufacturer in 2017 Figure Global Buttermilk Sales and Growth (2012-2017) Figure Global Buttermilk Revenue and Growth (2012-2017) Table Global Buttermilk Sales by Regions (2012-2017) Table Global Buttermilk Sales Market Share by Regions (2012-2017) Table Global Buttermilk Revenue by Regions (2012-2017) Table Global Buttermilk Revenue Market Share by Regions in 2012 Table Global Buttermilk Revenue Market Share by Regions in 2016 Figure North America Buttermilk Sales and Growth (2012-2017) Figure Europe Buttermilk Sales and Growth (2012-2017) Figure Asia-Pacific Buttermilk Sales and Growth (2012-2017) Figure South America Buttermilk Sales and Growth (2012-2017) Figure Middle East and Africa Buttermilk Sales and Growth (2012-2017) Figure North America Buttermilk Revenue and Growth (2012-2017) Table North America Buttermilk Sales by Countries (2012-2017) Table North America Buttermilk Sales Market Share by Countries (2012-2017) Figure North America Buttermilk Sales Market Share by Countries in 2012 Figure North America Buttermilk Sales Market Share by Countries in 2016 Table North America Buttermilk Revenue by Countries (2012-2017) Table North America Buttermilk Revenue Market Share by Countries (2012-2017) Figure North America Buttermilk Revenue Market Share by Countries in 2012 Figure North America Buttermilk Revenue Market Share by Countries in 2016 Figure USA Buttermilk Sales and Growth (2012-2017) Figure Canada Buttermilk Sales and Growth (2012-2017) Figure Mexico Buttermilk Sales and Growth (2012-2017) Figure Europe Buttermilk Revenue and Growth (2012-2017) Table Europe Buttermilk Sales by Countries (2012-2017) Table Europe Buttermilk Sales Market Share by Countries (2012-2017) Table Europe Buttermilk Revenue by Countries (2012-2017) Table Europe Buttermilk Revenue Market Share by Countries in 2012 Table Europe Buttermilk Revenue Market Share by Countries in 2016 Figure Germany Buttermilk Sales and Growth (2012-2017) Figure UK Buttermilk Sales and Growth (2012-2017) Figure France Buttermilk Sales and Growth (2012-2017) Figure Russia Buttermilk Sales and Growth (2012-2017) Figure Italy Buttermilk Sales and Growth (2012-2017) Figure Asia-Pacific Buttermilk Revenue and Growth (2012-2017) Table Asia-Pacific Buttermilk Sales by Countries (2012-2017) Table Asia-Pacific Buttermilk Sales Market Share by Countries (2012-2017) Table Asia-Pacific Buttermilk Sales Market Share by Countries (2012-2017) Table Asia-Pacific Buttermilk Revenue by Countries (2012-2017) Table Asia-Pacific Buttermilk Revenue Market Share by Countries (2012-2017) Figure China Buttermilk Sales and Growth (2012-2017) Figure Japan Buttermilk Sales and Growth (2012-2017) Figure Korea Buttermilk Sales and Growth (2012-2017) Figure India Buttermilk Sales and Growth (2012-2017) Figure Southeast Asia Buttermilk Sales and Growth (2012-2017) Figure South America Buttermilk Revenue and Growth (2012-2017) Table South America Buttermilk Sales by Countries (2012-2017) Table South America Buttermilk Sales Market Share by Countries (2012-2017) Figure South America Buttermilk Sales Market Share by Countries in 2016 Table South America Buttermilk Revenue by Countries (2012-2017) Table South America Buttermilk Revenue Market Share by Countries (2012-2017) Figure South America Buttermilk Revenue Market Share by Countries in 2012 Figure South America Buttermilk Revenue Market Share by Countries in 2016 Figure Brazil Buttermilk Sales and Growth (2012-2017) Figure Argentina Buttermilk Sales and Growth (2012-2017) Figure Columbia Buttermilk Sales and Growth (2012-2017) Figure Middle East and Africa Buttermilk Revenue and Growth (2012-2017) Table Middle East and Africa Buttermilk Sales by Countries (2012-2017) Table Middle East and Africa Buttermilk Sales Market Share by Countries (2012-2017) Figure Middle East and Africa Buttermilk Sales Market Share by Countries in 2016 Table Middle East and Africa Buttermilk Revenue by Countries (2012-2017) Table Middle East and Africa Buttermilk Revenue Market Share by Countries (2012-2017) Figure Middle East and Africa Buttermilk Revenue Market Share by Countries in 2012 Figure Middle East and Africa Buttermilk Revenue Market Share by Countries in 2016 Figure Saudi Arabia Buttermilk Sales and Growth (2012-2017) Figure UAE Buttermilk Sales and Growth (2012-2017) Figure Egypt Buttermilk Sales and Growth (2012-2017) Figure Nigeria Buttermilk Sales and Growth (2012-2017) Figure South Africa Buttermilk Sales and Growth (2012-2017) Table Global Buttermilk Sales by Type (2012-2017) Table Global Buttermilk Sales Share by Type (2012-2017) Table Global Buttermilk Revenue by Type (2012-2017) Table Global Buttermilk Revenue Share by Type (2012-2017) Figure Global Liquid Buttermilk Sales Growth (2012-2017) Figure Global Liquid Buttermilk Price (2012-2017) Figure Global Buttermilk Powder Sales Growth (2012-2017) Figure Global Buttermilk Powder Price (2012-2017) Table Global Buttermilk Sales by Application (2012-2017) Table Global Buttermilk Sales Share by Application (2012-2017) Figure Global Confectionery Sales Growth (2012-2017) Figure Global Ice Cream Sales Growth (2012-2017) Figure Global Bakery Sales Growth (2012-2017) Figure Global Dairy-based Sauces Sales Growth (2012-2017) Figure Global Other Sales Growth (2012-2017) Figure Global Buttermilk Sales, Revenue and Growth Rate (2017 -2022) Table Global Buttermilk Sales Forecast by Regions (2017-2022) Table Global Buttermilk Market Share Forecast by Regions (2017-2022) Figure North America Sales Buttermilk Market Forecast (2017-2022) Figure Europe Sales Buttermilk Market Forecast (2017-2022) Figure Asia-Pacific Sales Buttermilk Market Forecast (2017-2022) Figure South America Sales Buttermilk Market Forecast (2017-2022) Figure Middle East and Africa Sales Buttermilk Market Forecast (2017-2022) Table Global Buttermilk Sales Forecast by Type (2017-2022) Table Global Buttermilk Market Share Forecast by Type (2017-2022) Table Global Buttermilk Sales Forecast by Application (2017-2022) Table Global Buttermilk Market Share Forecast by Application (2017-2022) Table Distributors/Traders/ Dealers List