According to IMARC Group’s latest report, titled “UHT Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global UHT milk market size reached 111.5 Billion Litres in 2021. Looking forward, IMARC Group expects the market to reach 151.1 Billion Litres by 2027, exhibiting a growth rate (CAGR) of 4.9% during 2022-2027.
Ultra-high temperature or UHT milk refers to milk products that are sterilized utilizing ultra-high temperature processing techniques that kill germs and spores. They are available in whole, semi-skimmed, and skimmed categories and consist of essential vitamins and nutrients required for human consumption. UHT milk variants are safer than untreated milk and offer numerous advantages, such as extended shelf life, minimal requirement for refrigeration, high nutritional value, aseptic packaging, etc. Consequently, they are in extensive demand among consumers across the globe.
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UHT Milk Market Trends:
The emerging trend of apartment culture with restricted or almost negligible refrigeration space and the growing working population with hectic schedules are among the key factors driving the UHT milk market. In addition to this, the increasing need for the milk product from small-scale food outlet chains and restaurants, especially in developing countries, is acting as another significant growth-inducing factor. In line with this, the shifting preferences towards the milk variant in countries facing severe electricity issues are also positively influencing the market growth. Apart from this, the elevating focus among several manufacturers of UHT milk on introducing flavored, organic, and lactose-free products to expand their consumer base is further stimulating the global market. Moreover, the inflating expenditure by leading market players on product promotion and marketing activities to spread awareness among the masses about the benefits of UHT milk, the escalating product availability through e-commerce platforms, and the rising demand for the anti-bacterial items, owing to their healthy and flavored content are expected to propel the UHT milk market over the forecasted period.
UHT Milk Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the UHT milk market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Lactalis International
- Nestlé S.A.
- Fonterra Co-operative Group Limited
- Danone S.A.
- Arla Foods Amba
- Royal FrieslandCampina N.V.
- Dairy Farmers of America Inc.
- Saputo Inc.
- Dean Food
- Yili Group
Key Market Segmentation:
The report has segmented the global UHT milk market on the basis of type, distribution channel and region.
Breakup by Type:
- Whole
- Semi-Skimmed
- Skimmed
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Retail
- Others
Breakup by Region:
- European Union
- Asia
- North America
- Latin America
- Eastern Europe
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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