Ultra High Temperature Milk Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2027
Market Size – USD 57.58 billion in 2019, Market Growth - CAGR of 7.8%,
Market Trends – Increasing demand for cold storage in developing countries
For stakeholders, field
marketing executives and product owners planning to maintain a competitive edge
the market assessment report brings to light essential impression about the
growth rate, share and size of the industry during the estimated period. Deep
dive into an array of elements including but not limited to the value
proposition, product positioning, and targeting and industry segmentation have
been described through resources such as charts, tables, and info graphics.
The increase in per
capita income of people in developing economies, coupled with increasing
inclination of consumers towards fresh foodstuff, is propelling the growth of
the ultra high temperature milk market. Additionally, national and modern supermarket
retailing along with development of strong national transportation
infrastructure globally and across developing economies are propelling the
growth of the market. This factor is estimated to be same during the coming
years and benefit the market growth during the same period.
Key Highlights from Report
- In March 2019, Nestle Argentina introduced
a new milk production line in the province of Cordoba, Argentina. Through
this new production line, the company will manufacture high temperature
milk nearly 10 million liters per year of value-added liquid products with
UHT technology.
- Based on the product, the
unflavored sub-segment grabbed a largest market share of 59.4% in 2019 and
is estimated to retain its dominance throughout the predicted years. This
growth is attributable to the less refrigeration required to the unflavored
UHT milk products, which has resulted in increasing adoption of the
product especially among the younger population.
- Based on the fat content, the Semi
Skimmed UHT milk sub-segment is predicted to expand at a high CAGR of 8.6%
over the forecast period. This growth is attributable to the factors such
as growing demand for butter, cheese, and yogurt across several countries
in developed and developing countries.
- Regionally, the Asia Pacific region
is expected to witness growth at a fast growth rate during the forecast period.
This growth is attributable to the rising investment by major market
players for research and development activities and introduction of launching
newer innovative products in the region.
- Key participants in the ultra high
temperature milk market include Fonterra Co-operative Group Limited, Nestle
SA, Lactalis Group, Savencia Fromage & Dairy, Arla Foods, Danone
Group, Clover S.A. (Pty) Ltd., Bemis Company, Almarai, and Parmalat S.p.A.
To get leading market
solutions, visit the link below:
https://www.emergenresearch.com/industry-report/ultra-high-temperature-milk-market
Emergen Research has
segmented the Global UHT Milk Market on the basis of product, fat content, and
region:
- 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
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
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