UHT Milk Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DM2115 | Last Updated On: Nov 07 2022 | Available Formats

> Global UHT Milk Market Expected to reach a high CAGR of 4.4% By 2029: DataM Intelligence

Global UHT Milk Market is segmented By Product (Whole Milk, Semi-Skimmed Milk, Skimmed Milk, Others), By Distribution Channel (Retail Stores, Supermarkets & Hypermarkets, E-Commerce Stores, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

Global "UHT Milk Market" is expected to grow at a CAGR of 4.4% during the forecast period (2022-2029)   

UHT Milk Market Scope

Metrics

Details

Market CAGR

4.4%

Segments Covered

By Pet Type, By Ingredient, By Form, By Application, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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UHT (Ultra-high temperature) processing is a food processing technology used to sterilize liquid food, milk, by heating it above 135 degrees. UHT milk is currently packaged in a sterile container and an unopened milk package has an unrefrigerated shelf life between six and twelve months. This property makes UHT milk a suitable opportunity for regions with limited availability of electricity and refrigeration space. The UHT milk is widely consumed in the United States and currently increasing its market presence in Asia-pacific regions. The convenience and portability nature of UHT milk is attracting a wide range of consumers across the globe. 

 

Market Dynamics:

Longer shelf life and portability nature of milk with minimal requirement of refrigeration are the primary factors driving the global UHT milk market. UHT milk reduces the dependability of consumers over fresh milk.  Additionally, Growing usage of UHT milk in confectionaries, hotels, food chains due to its longer life are contributing to the growth of the UHT milk market globally. Growing urban population coupled with depleting production of milk in a few nations are boosting demand for high shelf-life milk by consumers across the globe. Further, growing population, shifting population in developing nations from rural to urban areas, and rapid adoption of western cuisines are the major factors that might further boost the market for UHT milk globally during the forecast period.

However, lack of presence in natural taste in UHT milk and extensive consumption of fresh milk by consumers in countries like India are major factors hindering the growth of the global UHT Milk market.

Market Segmentation

Global UHT milk market is segmented on the basis of products into whole milk, skimmed milk, semi-skimmed milk, and others.

Whole milk segment is dominating the global UHT market during the forecast period owing to the high consumption of whole milk by a wide group of consumers compared to its other compatriots. The UHT whole milk evolved as an alternative for fresh milk by various restaurants, office workspaces, and other institutional food stations due to its longer shelf life and extensive usage nature.

 

Geographical Presentation

By region, the global UHT Milk market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa.

North America is dominating the global UHT Milk market owing to increasing consumer awareness regarding UHT milk and the growing adoption of UHT as a major ingredient in food chains such as coffee vendors, restaurants, and other institutional food chains. Growing individual preferences towards longer shelf-life and convenient food are additionally contributing to the growth of UHT milk during the forecast period.

According to USDA Foreign Agricultural Service, imports of UHT to China increased by 5% from 2016 to 2017. China was established as the fastest growing country in UHT milk during the forecast period owing to growing consumer preferences towards longer shelf-life milk and higher convenient milk. Growing consumer confidence in the safety of imported UHT is additionally contributing to the sales growth in China. The increasing availability of e-commerce foodservice and home delivery access to a wide group of people in UHT milk is another factor fueling the growth of UHT milk in China. According to China Dairy Association, China accounted for approximately 40% of total EU UHT shipments.

 

Competitive Analysis

The major players in the global UHT milk market are focusing on improving their international presence in UHT milk through the acquisition of regional companies and establishment of new production plants. For instance, In August 2019, Nestle S.A and Laticinio Bela Vista, manufacturer of Piracanjuba and LeitBom brands entered into a partnership for the production of distribution of UHT milk into Brazil.

  • In March 2019, Nestle S.A entered into UHT liquid milk market in Argentina through its establishment of a new production plant in Villa Nueva. This production plant possesses the ability to produce ten million liters of liquid UHT milk per day.   
  • In March 2019, Yill Group acquired Westland Milk products worth USD 403 million to improve its global and domestic business for UHT products.

Some of the key players in the global UHT milk market include Parmalat S.p.A., LALA Branded Products, LLC, Nestlé S.A., Organic Valley, and Granarolo Group.

Why Purchase the Report?

  • Visualize the composition of the global UHT milk market in terms of various products and distribution channels highlighting the key commercial assets and players.
  • Identify commercial opportunities in the global UHT milk market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of global UHT milk market-level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

**The global UHT milk report will provide access to approximately 53 market data tables and 44 figures

Target Audience

Frequently Asked Questions

What is the Projected CAGR value of the UHT Milk Market ?

UHT Milk Market is expected to grow at a CAGR of 4.4% during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the UHT Milk Market  during 2022-2029.

Which is the fastest growing region in the UHT Milk Market ?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period.

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