A butter related food product comprising a water component and a hydrocolloid dietary fiber component with a butter component. In one embodiment, at least a portion of the water component and the dietary fiber component are mixed to form a hydrocolloid mixture, and this mixture is in turn mixed with the butter component. Inulin as a dietary fiber is utilized in many instances. The butter related product can advantageously be used in various food recipes where there is butter and also sugar as two of the components. The actual butter fraction would be substituted for all or part of the butter in the recipe, and also the sweetness provided by the inulin would reduce all or part of the sugar in the recipe. In another embodiment the buttermilk MFGM that is derived from churning the cream that is being processed in a butter churn is able to function as the water component of the mixture.