Published Date: May 2023
The requirement for clean, fresh, and nutritious milk is boosting the demand for alternatives to fresh milk from dairy consumers globally. Growing population needs equally high availability of hygienic milk, which is measured a basic food item worldwide.
The UHT milk market accounted for consumption volume of US$ 116.38 Billion liters in 2019 and is estimated to be a volume of 163.23 Billion liters by 2025 and is anticipated to register a CAGR of 4.5%. The report. "Global UHT Milk Market, By Product (Full cream UHT Milk, Skimmed UHT Milk, and Semi-skimmed UHT Milk), By Distribution Channel (Direct/Institutional Sales, Retail Sales, and Online), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029”.
Analyst View:
Growing influence of western culture
Consuming milk while on the go has become a commonly growing trend from past few years, which is one of the key factors influencing the demand for UHT milk across the globe. Nowadays, individuals are extremely busy in their schedules and are forced to pursue better substitutes to ordinary liquid milk which requires refrigeration. UHT milk is the mostly preferred substitutes to normal milk. It does not need cold storage environment and has longer shelf life. It can be preserved at room temperature, which is another key driver boosting demand for the target market. The market is projected to register the maximum power in emerging regions, where the scarcity of cold storage spaces continues in the future. Additionally, increasing number of weightlifters, athletes, and bodybuilders globally, who consume milk on a daily basis and even need to carry it at times will also propel growth of the target market over the forecast period.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global UHT Milk Market”, By Product (Full cream UHT Milk, Skimmed UHT Milk, and Semi-skimmed UHT Milk), By Distribution Channel (Direct/Institutional Sales, Retail Sales, and Online), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030
Key Market Insights from the report:
The global UHT milk market accounted for consumption volume of US$ 116.38 Billion liters in 2019 and is estimated to be a volume of 163.23 Billion liters by 2025 and is anticipated to register a CAGR of 4.5%. The market report has been segmented on the basis of product, distribution channel, and region.
- By product, full cream UHT milk segment is dominating the target market owing to its high consumption by growing children, bodybuilders, and pregnant women to solidify the presence of good fat in the body.
- By distribution channel, the target market is classified into direct/institutional sales, retail sales, and online.
- By region, currently, Europe dominates the global market due to the maximum market penetration. However, Asia Pacific will account considerable growth, led by China which is one of the highest milk consumers worldwide
Competitive Landscape:
The prominent player operating in the global UHT milk market Nestle SA, Danone Limited, Groupe Lactalis S.A., S.A.B. de CV, China Mengniu Dairy Company Limited, Grupo Lala, Fonterra Co-operative Group Limited, Candia SA Inner Mongolia Yili Industrial Group Co. Ltd., and Parmalat
The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.
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Some Important Points Answered in this Market Report Are Given Below:
- Explains an overview of the product portfolio, including product development, planning, and positioning
- Explains details about key operational strategies with focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
- Detailed analysis of the market revenue over the forecasted period.
- Examining various outlooks of the market with the help of Porter’s five forces Analysis, PEST & SWOT Analysis.
- Study on the segments that are anticipated to dominate the market.
- Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered
- Introduction
- Study Deliverables
- Study Assumptions
- Scope of the Study
- Research Methodology
- Executive Summary
- Opportunity Map Analysis
- Market at Glance
- Market Share (%) and BPS Analysis, by Region
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Investment Analysis
- Competitive Analysis
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