Global Ultra High Temperature Milk Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Ultra High Temperature Milk Market 2021 (Includes Business Impact of COVID-19)
Global Ultra High Temperature Milk Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global UHT milk market report has been segmented on the basis of product, application, and region.
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The global Ultra High Temperature Milk market size was valued at USD $53.83 billion in 2020 and is projected to reach USD $107.37 billion by 2030, and is anticipated to expand at a CAGR of 7.00% over the forecast period from 2020 to 2030.


Global Ultra High Temperature Milk Market: Overview


Ultra High Temperature (UHT)milk is defined as one of the pasteurized milk that has been subjected for the thermal treatment. This ultra-high temperature treating is helpful in killing the germs and spores which are present in the milk for the preservation of necessary nutrients and vitamins. This milk is heated at the 135 temperature degrees Celsius for 1 that is helpful in increasing the shelf life of milk and does not require any preservatives for adding. This milk is packed aseptically which helps in directly consuming from the carton without need of boiling. This milk is stored under the room temperature and have minimum requirements of cold chains and refrigerators.


Global Ultra High Temperature Milk Market: Dynamics


Increasing disposable income, changing lifestyle, busy lifestyle, and increasing number of working women are the major factors expected to drive the growth of target market. In addition, growing awareness among the consumers with respect to the quality of ultra-high temperature milk and increasing consumer shift from normal milk to ultra-high temperature milk are among the other factors expected to drive demand of the target market. Furthermore, increasing birthrates in most of the developing regions, growing number of bodybuilders weightlifters, athletes, and worldwide, who consume milk on a daily basis and even need to carry it at times are among the other factors expected drive the growth of the target market over the fore coming years. However, nutritional value of this milk is often lost during the milk treatment, processing, and storage is factors that hamper the market growth over the forecast period.

There is a new dietary trend of consuming milk outside home, i.e. on the sports field, in schools, and at the gymnasium is catching up. In many schools, milk is offered to children for making drinking milk a practice and here lies the opportunity for UHT milk. This is among one of the opportunity which is observed in the global UHT milk market.


Global Ultra High Temperature Milk Market: Segment Analysis


Among the product segment, the skimmed UHT milk segment is dominating due to increase in income levels and demand for protein rich healthy food products globally and this type of milk consist of less amount of fats. Among the application segment the direct drinking segment is dominating over the forecast period due to increasing number of health conscious population.


Global Ultra High Temperature Milk Market: Regional Analysis


Currently, the market in North America is accounted for the major market share and is likely to drive growth over the forecast period as this region. This is primarily attributed to increasing consumption of UHT milk coupled with rising disposable income and increasing government initiatives with organized support for product expansion in countries in this region. Asia Pacific market in expected to register fastest growth in the near future due to increasing urban population that is inclining towards consuming packaged milk in China and India is a factor expected to drive growth of the target market in Asia Pacific region.

Global Ultra High Temperature Milk Market Segmentation:

Segmentation by product:

  
Full cream UHT milk
  
Skimmed UHT milk
  
Semi-skimmed UHT milk

Segmentation by application:

  
Direct Drinking
  
Food Processing Industry


Key Market Players included in the report:


  
Albea Group
  
Amcor Ltd.
  
Ardagh Group
  
Bemis Company, Inc.
  
Bormioli Rocco Spa
  
China Mengniu Dairy Company Limited
  
Danone Limited
  
First Milk Limited
  
Fonterra Co-operative Group Limited
  
Groupe Lactalis
  
Koa Glass Co. Ltd.
  
MeadWestvaco Corp.
  
Mondi plc
  
Mother Dairy Fruit & Vegetable Pvt. Ltd.
  
Nestle SA
  
Parmalat S.p.A.
  
Saint-Gobain
  
Sonoco Products Company
  
The a2 Milk Company Limited