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 - Trends, Analysis and Forecast till 2025

Report Code: PMI434620 | Publish Date: June 2020 | No. of Pages: 156

Global UHT Milk Market Overview

Uht Milk Market Accounted For Consumption Volume Of USD 116.38 Billion Liters In 2024 And Is Estimated To Be A Volume Of USD 163.23 Billion By 2034 And Is Anticipated To Register A Cagr Of 4.5%. 

UHT milk is fresh milk that is processed in a very high temperature, pasteurized in a very less time, and then packaged in pre-sterilized containers without addition of any preservatives. Long shelf life period of 6-9 months is the he advantage of UHT milk. Additionally, it can be preserved without refrigeration in room temperature until the packet is opened.

Global UHT Milk Market Drivers & Restraints

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.

However, loss of nutritional values during processing of this product and higher price of UHT milk as compared to regular milk are limiting the target market growth.

Global UHT Milk Market Segmentations & Regional Insights

The global UHT milk market is segmented based on product, distribution channel, and region.

On the basis of product, the global UHT milk market is segmented into full cream UHT milk, skimmed UHT milk, and semi-skimmed UHT milk. On the basis of distribution channel, the target market is classified into direct/institutional sales, retail sales, and online.

Regional Insights:

On region the global UHT milk market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 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. In China, urbanization is on the rise and over 60% of the total milk consuming population prefers UHT milk in the country. India is projected to register a slower growth rate, due to an established fresh milk market in this region. Australia would also appear as a lucrative market for UHT milk. Brazil and a few other countries in Latin America are also projected to register substantial growth in the coming years.

Report Scope:

Attribute

Details

Base year for estimation

2024

Forecast period

2024– 2034

Market representation

Revenue in USD Million & CAGR from 2024– 2034

Market Segmentation

By Product - Full cream UHT Milk, Skimmed UHT Milk, and Semi-skimmed UHT Milk

By Distribution Channel- Direct/Institutional Sales, Retail Sales, and Online

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global UHT milk market report based on product, distribution channel, and region.

Global UHT Milk Market, By Product:

  • Full cream UHT Milk
  • Skimmed UHT Milk
  • Semi-skimmed UHT Milk

Global UHT Milk Market, By Distribution Channel:

  • Direct/Institutional Sales
  • Retail Sales
  • Online

Global UHT Milk Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
    • U.S.
    • Canada

Global UHT Milk Market Competitive Landscape & Key Players

The key players operating the global UHT milk market includes 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. Since 2016, major strategic move has been made by a large number of companies. Mergers and acquisitions across the value chain of the UHT milk industry witnessed a huge market growth. For instance, in April 2017, Danone S.A. acquired WhiteWave Foods to work in North America as DanoneWave. Further, in January 2019, Lactalis Group acquired Prabhat Dairy in India to expand product offerings and market presence in the region.

Global UHT Milk Market Company Profile

FAQs

The UHT milk market report is segmented into product, distribution channel, and region.

Factors driving market growth include the extended shelf life of UHT milk, convenience in storage and transportation, and the preference for long-lasting dairy products.

Global restraints may involve the perception of altered taste, concerns about the nutritional value of UHT milk, and competition from other dairy preservation methods.

The report covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Europe is estimated to dominate the UHT Milk Market, exhibiting a significantly high revenue share over the forecast period.

The key players operating the global UHT milk market includes 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.