NEWARK, Del., April 27, 2022 (GLOBE NEWSWIRE) -- The global UHT milk market is set to witness growth at a CAGR of 7.6% and reach US$ 137.7 Bn by 2032.
UHT milk is a type of milk which is derived by heating it at ultra-high temperature for a set or extended period of time. This procedure is followed to ensure that the milk is safe to consume and free of microbial or harmful elements. UHT treated milk is already processed so the consumer does not need to heat it again before consumption.
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UHT milk effectively kills germs and non-vital organisms that can only be destroyed at a certain temperature. Dairy products are consumed on a massive scale every day, with UHT milk topping the consumption chart. UHT processed milk is still on the vital side after going through the necessary heating process. Thus, long shelf life, nutritional benefits, and ease of use are a few key factors driving the growth of UHT milk market.
A list of Key Players Covered in the UHT Milk Market are:
- Amcor Ltd.
- Bemis Company
- Sonoco Products Company
- Mother dairy
- China Mengniu Dairy Company Limited
- Lactalis American Group, Inc
- Tetra Pack
- Prabhat Dairy Corporate
- Fonterra Co-Operative
- Gujarat Cooperative Milk
- Arla Foods
- Inner Mongolia Yili Industrial
- Dairy Group (Pty) Ltd
- Nestle
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Key Takeaways
- The UHT milk market is estimated to expand at CAGRs of 7.6% over forecast period
- Asia pacific market is anticipated to grow with highest compound annual growth rate owing to rising demand of milk in countries such as India, China and Japan, due to high per capita consumption of milk.
- The Europe UHT milk market currently holds more than 30% of value share in 2022.
- In North America, the US will continue leading the market. North America is anticipated to grow with CAGR of 7.1% over forecasted period.
“There is high focus on perfecting the technology among manufacturers of UHT milk products. Besides this they are improving their packaging game to create brand awareness as well as steer clear of competition,” says a Future Market Insights analyst.
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Competitive Landscape.
The UHT milk market is significantly competitive and exhibits the presence of many worldwide producers. Moreover, many of hypermarkets has their own UHT milk brands. Such brands are additionally pose challenge to private labels and regional dairy processors. Most brands maintaining a competitive price to gain edge.
- For instance, in May 2017, LiveUp and NaturalUp are two product of Fonterra Anchor brand introduced a finest UHT milk and made with great protein organic components which was offered through on online platforms and brick motor stores.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global UHT milk market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on product type (Skimmed, Whole, Partly Skimmed, Fat filled), form (Liquid and Powder), Source (Animal based and plant based) by end user application (Infant Formula, Dairy Product, Bakery & Confectionery, Milk & Milk based Beverages, Retail Sales) and sales channel (On Direct Sales/B2B and Indirect Sales/B2C) across seven major regions of the world.
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About Food & Beverage Division at Future Market Insights
The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
3.5. Value Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. % of Operating Margin Analysis
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Global UHT Milk Market - Pricing Analysis
3.6.1. Price Point Assessment by Region
3.6.2. Price Point Assessment by Product Type
3.6.3. Price Forecast till 2032
3.6.4. Factors affecting pricing
3.7. Forecast Factors - Relevance & Impact
3.8. Regulatory Landscape
3.8.1. Packaging & Labelling Regulations
3.8.2. Certifications and Certifying Agency Overview
3.8.3. Import/Export Policies
3.9. Regional Parent Market Outlook
3.10. Consumers Survey Analysis
3.11. Macro-Economic Factors
3.12. Product Claims & Nutritional Information Scan by Buyers
TOC Continued…!
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