The global UHT Milk Market will be worth USD 101.64 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the rise in living standards among consumers and a shift in their preferences towards UHT milk products. The strong economic growth of the developing economies and an increase in the disposable income of the consumers are expected to drive the growth of the UHT milk market. The establishment of modern and national supermarket retailing and the development of strong national transportation infrastructure in developing economies are most likely to propel the industry's growth. Moreover, the growing health concerns among the population is driving the demand for skimmed UHT milk products. The poor cold chain set up in the developing countries has resulted in the increasing demand for cold storage in the developing countries. The poor cold chain set has also increased the consumption of the UHT milk products as they require less refrigeration.
The report bifurcates the UHT Milk market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Key Highlights From The Report
In March 2019, Nestle Argentina inaugurated a new milk production line at its Villa Nueva Factory in the province of Cordoba, Argentina. The new production line allows manufacturing 10 million liters per year of value-added liquid products with UHT technology.
The unflavored segment held the largest market share of 59.4% in 2019. The less refrigeration factor of the unflavored UHT milk products has resulted in the increasing adoption of the product among the younger population and the food outlet chains.
Semi Skimmed UHT milk is forecasted to grow with the fastest CAGR of 8.6% over the forecast period. Growing demand for butter, yogurt, and cheese in several countries has resulted in the increasing adoption of the semi skimmed UHT milk to produce dairy products.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the rising investments by major market players to launch new innovative products.
Key participants include Nestle SA, Fonterra Co-operative Group Limited, Lactalis Group, Arla Foods, Savencia Fromage Dairy, Danone Group, Bemis Company, Clover S.A. (Pty) Ltd. Parmalat S.p.A. and Almarai, among others.
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Product Outlook (Revenue, USD Billion; 2017-2027)
Unflavored
Flavored
Fat Content Outlook (Revenue, USD Billion; 2017-2027)
Whole
Semi Skimmed
Skimmed
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology Sources
1.1. Ultra High Temperature Milk Market Definition
1.2. Ultra High Temperature Milk Market Research Scope
1.3. Ultra High Temperature Milk Market Methodology
1.4. Ultra High Temperature Milk Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Ultra High Temperature Milk Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Ultra High Temperature Milk Market Segmentation Impact Analysis
Continued…
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