Ultra High Temperature Milk Market
With the amelioration in the living standards of people all around the world and an incessant drive to experiment with products, the ultra high temperature milk has become a preferred part of the western diet. According to recent research by Emergen Research, the Global UHT Milk market was valued at USD 57.58 Billion in 2019 and is expected to double by the end of 2027 with an annual growth rate of 7.8%. The statistics perspicuously reveal the growing demand of pasteurized milk and other flavored and unflavored alternatives.
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Market Drivers
The market growth is mainly driven by the expeditious urbanization and a constant check of fat content in the products that are consumed daily. The diversity offered in the form of whole, skimmed and semi-skimmed milk along with the added benefit of being unflavored alone has held the largest market share of 59.4% in the year 2019 with a prediction of growth in the flavored segment in the coming period. The upsurge in the quality of life of consumers and their lactose intolerant purchases has resulted in increasing demand. Further, the extended shelf life of flavored ultra high temperature milk and less refrigeration of unflavored milk products is an added advantage to count towards the market’s growth over the forecast period.
Product Outlook (Revenue, USD Billion; 2017-2027)
Fat Content Outlook (Revenue, USD Billion; 2017-2027)
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Regional Analysis
With a base year estimation of 2019, Europe accounted for the major market share of 40.2%. The easy production and distribution and major usage in restaurants, food outlet chains and at home, is expected to be a reason towards the development of the ultra high temperature milk market in the region. Another emerging contributor to the progress of the market is the Asia Pacific region, which is forecast to be the fastest-growing region in the coming years.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. UHT Milk Market Segmentation & Impact Analysis
4.1. UHT Milk Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for food & beverage products with extended shelf life
4.2.2.2. Increasing number of product innovations
4.2.2.3. Rise in the living standards of the consumers
4.2.2.4. Lack of proper supply chain structure
4.2.3. Market restraints analysis
4.2.3.1. High capital investment
4.2.3.2. High price of the UHT milk compared to normal milk
4.2.3.3. Chances of loss in the nutritional value of the milk during the production process
4.2.3.4. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Continue…!
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