Global Ultra High Temperature Milk Market Analysis & Outlook 2030

In 2021, the global ultra-high temperature milk market is estimated to be worth USD 60 billion and is expected to grow at a compound annual growth rate of 8% from 2022-2030. Heat raw milk above 135 degrees Celsius to kill bacteria and spores in the milk. This process preserves essential vitamins and nutrients, making them essential for human consumption. UHT milk has a shelf life of more than 3 months without the use of preservatives, and ready-to-drink consumption is driving the development of the global market. Towards the development direction of the industry. For example, in May 2017, the Fonterra Anchor brand launched high-quality UHT milks such as NaturalUp and LiveUp made with organic high protein content for sale on e-commerce platforms and offline stores. The evolution of the number of issues related to milk content among consumers is leading to product innovation. In addition, the continuous improvement of the living standards of the working class and upper class is expected to drive the demand for UHT dairy products, thereby driving the growth of the global UHT milk market.

 Product information:

According to product classification, the ultra-high temperature milk market is divided into flavored products and odorless products. In 2020, odorless UHT milk dominated the market, accounting for 80% of the market. These products are daily necessities, so they have a huge consumer base. In addition, since unflavored UHT milk is used to make homemade beverages, it is expected that a longer shelf life will drive the growth of this segment during the forecast period. In addition, the product is also used as a raw material for the main homemade products.

During the forecast period, flavored UHT milk is expected to grow at the fastest CAGR of 10%. This market segment is driven by the types of these products, such as strawberry, spice, banana and chocolate flavors, which attract a large number of consumers. In addition, as consumers are increasingly inclined to attractive modern lifestyles, the demand for flavored food ingredients is increasing, which drives the demand in the world market. Flavoring products also help to mask the burnt taste of pasteurized milk, making it more suitable for use in fruit juices, yogurt and cheese spreads.

 Fat content information:

According to the fat content, the market is divided into fully skimmed, semi-skimmed and skimmed. Due to the low fat content of these products, UHT skimmed milk accounted for the majority of 45% in 2020, attracting a large group of consumers with healthy consumption patterns. The growth of this sector can be attributed to the various taste and texture advantages offered by skimmed products. In addition, the high density of protein and calcium content in skimmed dairy products is expected to drive demand in this segment during the forecast period.

 Regional information:

 Europe leads the market, accounting for 38% of total revenue in 2020. Due to the strong growth of the dairy product market in countries such as Germany, Belgium and the Netherlands, there is a high demand for UHT milk in this region. In addition, in the past five years, the per capita consumption of dairy products has increased significantly, and the production and distribution of UHT milk is easier than other traditional products.

Danish consumers have observed a similar trend in the use of pasteurized products (such as UHT milk) in their daily diet. Due to high consumption, the Asia-Pacific region is expected to expand to the highest compound annual growth rate of 10% during the forecast period from 2022 to 2030. Dairy products from countries such as India, China and Japan. In addition, the increasing demand for pasteurized dairy products is a key factor driving market development. In addition, compared with other traditional products, countries such as Vietnam, Thailand, and Taiwan consume more UHT dairy products. Due to the high consumption and growing demand for UHT dairy products, major market players are expanding their facilities in the Asia-Pacific region.

 Insights on UHT Milk Market Share:

Major market players include Amcor Ltd.; Albert Group; First Milk; Ada Group; Bemis; Mondi; Koa Glass Co. Ltd.; Bormioli Rocco Spa; Saint-Gobain; Virtue Siwako Company; Sonoco Products Company; Company A2; and Nanny. Competitive strategies for market growth include mergers and acquisitions, new product innovation, and awareness of the benefits of UHT milk. The growing demand for dairy products in China, India and Japan has led to increased product innovation and market development, which has driven the demand for UHT milk.

 Market segments covered by the report:

This report forecasts revenue growth at the global, regional, and country levels, and analyzes the latest industry trends in each sub-segment from 2022-2030. For the purpose of this research, Kenneth Research has broken down the "World UHT Milk Market Report" based on product, fat content, and region: Product Outlook (Revenue, US$ billion, 2022-2030) FlavoredUnflavoredFat Content Outlook (Revenue, Billion USD, 2022-2030) WholeSemi SkimmedSkimmed
 

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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