A Radical Shift to PET Packaging in UHT Product Packaging:
Dairy products and its alternatives largely rely on ultra pasteurization and sterilization processes to maintain the longevity of products. The ultra-high-temperature (UHT) processing market is leveraging this necessity as the process is conventional and most preferred dairy treatment method in the global food and beverage industry. As far as the UHT product processing is concerned, product packaging is the foremost concern of manufacturers since it increases the shelf-life of the subsequent product. Unlike the conventional method of packaging, polyethylene terephthalate (PET) packaging is widely adopted in the manufacturing procedure of several food industries such as dairy products, soy milk products, sterilized milk, and many more. Glass containers are a reliable and environmentally safe product, but with a high risk of breaking and shattering. Aseptic packaging like PET packaging is an alternative to glass and plastics and it is light-weight, recyclable, shatterproof, non-reactive, and cost-effective, thereby gaining a remarkable place in the UHT processing industry. Facilitated by the eco-friendly impact, UHT products with PET packaging will acquire better growth scopes and hike in economic output in recent and forthcoming years. Significantly, this revolutionary shift towardsPET packaging will boost the UHT processing market growth in recent times. For instance, Yili, one of the largest dairy-producing company in Asia, distributes it UHT milk products such as drinking yogurt in PET containers. Furthermore, Yili is set to acquire New Zealand’s Westland Co-operative Dairy corporation for $404m in 2019. Consequently, this market acquisition will considerably impact the UHT processing market growth in recent times. Additionally, the launchof ready-to-eat soups and juices also generates huge demand for the PET-based aseptic UHT packaging across the globe. UHT processed organic soups and juices have gained significant demand hike in the past decades which has also boosted the niche market growth in recent times.
The global UHT Processing Market size stood at $3.3 billion in 2018, facilitated by huge growth of the dairy and dairy alternatives industry. Besides, UHT processing is highly reliable because it considerably elevates the product’s shelf-life which also contributes to this growth.Furthermore, UHT-based frozen desserts, ready-to-eat soups, and juices remarkably influence the global UHT processing market growth. Also, the frozen dessert market leveraged a revenue of $32 billion-$34 billion in 2018. This huge economic output also manifests the profit gained by the UHT processing industry owing to its huge application to increase the shelf-life of frozen desserts.Concurrently, the UHT processing market is anticipated to grow at a CAGR of 12.3%, during the forecast period of 2019-2025.
Geographical Outlook of the UHT Processing Market:
North America holds a dominant place in the global UHT processing market and contributed a regional share of 37% in 2018. Growth in the dairy industry is accompanied by the increasing consumption of dairy products in this region. As a result, the food and dairy industry requiresUHT processing to extend the shelf-life of products and eliminate microbial contamination. Approximately 55.7 billion pounds of milk was produced in the U.S. during April-June 2019. This is reflective of the need for safe UHT treatment to process liquid milkand other milk products such as cheese, butter, flavored milk, and others in this region. Further, the U.S. recorded the sales of 3.4 billion pounds of fluid milk products in June 2019. This signifies the huge prospect of the UHT processing market depending upon the production of milk products in this region. Consequently, the sales and production of the milk and milk products in North America drives the domestic UHT processing market growth.
Increased Shelf Life Contributing to Reduce Wastage:
The global food and beverage industry is expanding remarkably in recent times aided by increasing demand from customers across the globe. However, production to consumption procedure is a time-consuming affair, owing to which manufacturers rely on methods and technologies that support the increase of product shelf-life. UHT processing has gained huge acclamation in the modern food and beverage industry, due to the most prominent shelf-life promoting treatments. Moreover, enhancingthe shelf-life of the product also reduces the wastage of food and drinks thereby, upheaving the growth of the UHT processing market. Nearly 330,000 tons of milk is lost during the long chain of processing in industries to consumption in homes and loss of milk in the U.K. accounts for more than $185.39m. Significantly, this loss can be limited with the proper application of the effective UHT processing, during sterilization and packaging of these products. Besides, the total quantity of milk wastedby the dairy industry each year accounts for 128 million tons. Consequently, this huge quantity of milk wastageneeds the effective utilization of UHT processing to increase the shelf-life of dairy and other related products, thereby minimizing milk lossthroughout the world.
Ø Growing Dairy Industry Influencing the UHT Market Demand:
The global dairy industry is experiencing huge growth with the increase in milk production in recent times, resultantly, it will uplift the UHT processing market significantly. The global milk production has hiked up to 58% in the last three decades and reached 828 million tons in 2017, with India, the U.S., China, Pakistan, and Brazil as its largest contributors. Concurrently, this statistic is reflective of the positive prospect of the UHT processing market for sterilization, pasteurization and other raw milk treatment methods. Moreover, dairy alternatives are also gaining demand simultaneously throughout the world, which also requires UHT processing before distribution. The global dairy alternatives market earned a revenue of $10 billion in 2018, which highlights the resulting profit of the UHT processing market. Also, the application of UHT processing in the milk industry to produce sterilized milk and milk products is projected to grow at 5.7% CAGR through to 2025.
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Key Competitors in the UHT Market:
The ultra-pasteurization technique is beneficial in the production and packaging of several dairy products, frozen desserts, ready-to-eat soups, and juices. This opens up opportunities for the key companies in the global UHT processing market to acquire huge economic profit. Resultantly, this profit contributes to the UHT processing market share by major companies such as Tessa I.E.C Group Ltd., Tetra Laval International S.A, Alfa Laval, Elecster Oyj, MicroThermics, Reda S.P.A, Shanghai Jimei Food Machinery, SPX Flow, Stephan Machinery GmbH, GEA Group, and others.
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