UHT Milk Market Will Generate New Growth Opportunities in the next 5 year
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.
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
Ultra-High-Temperature (UHT) Milk Market.
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.
Competitive Landscape.
The Ultra-High-Temperature (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.
UHT Milk Market by Category
By Product Type:
- Skimmed
- Whole
- Partly
Skimmed
- Fat
filled
By Form:
- Powder
- Liquid
By Distribution Channel:
- B2B
- B2C
- HORECA
- Specialty
Stores
- Modern
Trade
- Convenience
Stores
- Grocery
Stores
- Specialty
Food Stores
- Online
Retailers
- Other
Distribution Channel
By Source:
- Animal-based
Milk
- Cow
Milk
- Goat
Milk
- Buffalo
Milk
- Other
- Plant-based
Milk
- Almond
- Coconut
- Soy
- Other
By End Use Application:
- Infant
Formula
- Dairy
Product
- Butter
- Cheese
- Yogurt
- Milk
Powder
- Ice
Cream
- Others
- Bakery
& Confectionery
- Milk
& Milk based Beverages
- Retail
Sales
By Region:
- North
America
- Latin
America
- Europe
- East
Asia
- South
Asia
- Oceania
- Middle
east and Africa
Frequently Asked Questions
- How
Big is the UHT Milk Market?
- What
is the North America UHT Milk Market Outlook?
- At
What Rate Will UHT Milk Demand Grow in Europe?
- What
Are the Key Trends Shaping the UHT Milk Market?
Information Source: https://www.futuremarketinsights.com/reports/uht-milk-market
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