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Ultra High Temperature Milk Market Segmentation By Product, Fat Content, Region And Forecast From 2019 To 2025 : Grand View Research Inc.

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Ultra High Temperature Milk Market Segmentation By Product, Fat Content, Region And Forecast From 2019 To 2025 : Grand View Research Inc.

December 02
14:16 2019
Ultra High Temperature Milk Market Segmentation By Product, Fat Content, Region And Forecast From 2019 To  2025 : Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global ultra high temperature milk market size was valued at 53.4 billion in 2018 and is anticipated to expand at a CAGR of 7.8% from 2019 to 2025.

The global ultra high temperature milk market size is expected to reach USD 90.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.8% over the forecast period. Increase in the number of product innovations related to flavored and unflavored content of ultra high temperature (UHT) milk is increasing its demand in the global market. Moreover, longer shelf life of organic and conventional based products, along with ease of storage and transportation, is driving the market exponentially. Benefits associated with UHT milk including improved vitamin content, enhanced flavors, and antimicrobial as well as anti-fungal properties are boosting the growth of the market. Hence, the overall cost of the product gets reduced, thereby giving an advantage to the food service providers across the industry.

Asia Pacific is anticipated to witness the fastest growth in the coming years owing to large consumption of dairy products and import of dairy products in countries like India and China. For instance, in 2016, India’s dairy imports were valued at USD 110 million and in terms of volume, it was 58,595 metric tons. Europe held the largest market share in 2018. Increase in consumption of UHT products in contrast to conventional processed products in countries like Germany and France is increasing the demand in Europe.

The skimmed fat content segment held the largest share of 48.9% in 2018 due to presence of a wide base of health conscious consumers in the industry. Skimmed milk products are known to have low fat content with excess of vitamins and minerals, thereby driving the market over the forecast period. The flavored products of UHT milk is expected to expand at the highest CAGR of 9.9% over the forecast period. The finished dairy products such as fresh cheese, yogurt, and cheese sauce are made using flavored UHT milk to mask the burnt taste of pasteurized product, thereby increasing the product demand in the forecast period.

Key players of the market include Amcor Ltd.; Albea Group; First Milk; Ardagh Group; Bemis Company, Inc.; Mondi plc; Koa Glass Co. Ltd.; Bormioli Rocco Spa; Saint-Gobain; MeadWestvaco Corp.; Sonoco Products Company; A2 Corporation; and Mother dairy. Competitive strategies for the market growth include mergers and acquisitions, new product innovations, and spreading awareness about the benefits of UHT milk. For instance, in January 2019, Lactalis acquired Greenland group in Egypt to expand its product base across various sectors such as cheese, yogurts, and UHT milk.

U.S. UHT milk market size, by product, 2015 - 2025 (USD Billion)

Request a sample Copy of the Ultra High Temperature Milk Market Research Report @ https://www.grandviewresearch.com/industry-analysis/ultra-high-temperature-milk-market/request/rs1

Key Takeways Of The Report :

  • Europeled the market and held 40.5% share of the overall revenue in 2018

  • Asia Pacific is expected to expand at the fastest CAGR of 9.1% over the forecast period

  • Based on fat content, the skimmed type segment held the largest share of 48.9% in 2018. The semi skimmed segment is expected to expand at a CAGR of 9.3% from 2019 to 2025

  • The ultra high temperature milk market is dominated by key players like Amcor Ltd.; Albea Group; First Milk; Ardagh Group; Bemis Company, Inc.; Mondi plc; Koa Glass Co. Ltd.; Bormioli Rocco Spa; Saint-Gobain; MeadWestvaco Corp.; and Sonoco Products Company among others.

Global UHT milk market share, by fat content, 2018 (%)

Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/6504/ibb

Grand View Research has segmented the global ultra high temperature milk market on the basis of product, fat content, and region:

Ultra High Temperature Milk Product Outlook (Revenue, USD Billion, 2015 – 2025)

  • Flavored

  • Unflavored

Ultra High Temperature Milk Fat Content Outlook (Revenue, USD Billion, 2015 – 2025)

  • Whole

  • Semi Skimmed

  • Skimmed

Ultra High Temperature Milk Regional Outlook (Revenue, USD Billion, 2015 – 2025)

  • North America

    • U.S.

  • Europe

    • Germany

    • France

  • Asia Pacific

    • Japan

    • China

  • Middle East & Africa

    • South Africa

  • Central & South America

    • Brazil

Browse Related Report : 

Moringa Products Market : https://www.grandviewresearch.com/industry-analysis/moringa-products-market

Gluten Free Sugar Syrup Market : https://www.grandviewresearch.com/industry-analysis/gluten-free-sugar-syrup-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

 

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/ultra-high-temperature-milk-market

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