UHT Milk Market: Segmented By Fat Content (Whole, Semi Skimmed, And Skimmed); By Product (Flavored and Unflavored) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
[176+ Pages Research Report] Global UHT Milk Market to surpass USD 101.8 billion by 2030 from USD 60.2 billion in 2020 at a CAGR of 7% in the coming years, i.e., 2021-30.
Product Overview
UHT Milk (ultra-high temperature) is processed and sterilized through the process of UHT pasteurization for the removal of milk microbes while maintaining the necessary nutrients. This normally includes heating the milk for 1 or 2 seconds to a temperature above 135°C that contributes to raising the milk's shelf-life without having to add preservatives. Pasteurized milk is further packaged to avoid the development of noxious microorganisms in aseptic containers. It can be safely processed and can be eaten directly without boiling at room temperature with minimum cooling requirements.
Market Highlights
Global UHT Milk market is expected to project a notable CAGR of 7% in 2030.
The main driving force behind the growth is the increase in the number of product innovations such as addition of organic and flavored content by market players. The longer shelf life in UHT milk for learners living in hostels is an excellent factor for increasing usage because less cooling is required. UHT milk can be kept at room temperature and so in developed countries, most local restaurants and food supply chains use it without investing in cooling equipment. This is ideal in some African and Asian countries where energy is a big problem and the lack of a cooling system kills daily milk.
Global UHT Milk Market: Segments
Unflavored segment to grow with the highest CAGR during 2020-30
Global UHT Milk market is segmented by product into Flavored and Unflavored. The market is dominated by unflavored UHT milk. These goods are products that are used every day and thus have a strong customer base. In addition, the segment demand is anticipated to accelerate due to the shelf lives of unflavored UHT milk over the predictive timeframe as it makes use of homemade drinks. The substance is also used for main homemade goods as a raw material.
Skimmed segment to grow with the highest CAGR during 2020-30
Global UHT Milk is divided by fat content into the whole, semi-skimmed, and skimmed. Due to the low-fat content in these items, Skimmed UHT Milk recorded the highest share in 2020 of almost half of the global share and thus attracted a wide customer base with balanced drinking habits. A number of flavors and texture advantages of skimmed products are due to the growth of this market. In addition, it is expected to driving the segment demand over the predicted period to the high density of protein and calcium content in skimmed Milk products.
Market Dynamics
Drivers
Surging demand by students and small restaurants
The need for this UHT milk can usually be seen in young people and for business purposes. The longer shelf life in UHT milk for learners living in hostels is an excellent factor for increasing usage because less cooling is required. UHT milk can be kept at room temperature and so in developed countries, most local restaurants and food supply chains use it without investing in cooling equipment. This is ideal in some African and Asian countries where energy is a big problem and the lack of a cooling system kills daily milk. The commodity has a high price than usual pasteurized milk, which increases the income
Changing food preferences
Milk was normally eaten at breakfast or dinner earlier. However, a change in food preferences has contributed to its general consumption over the last couple of years. In colleges, playgrounds, gyms, and offices milk is currently consumed by people. The government has given children milk for their growth in many countries. Sportsmen and business people take milk with them to eat on the go. This trend has had a positive impact on the growth of the UHT milk market as it can be transported safely in places without cooling.
Restraint
Limited consumers
A large population of consumers still refuses to accept UHT milk, because its nutritional value is often lost during milk care, processing, and storage. The worldwide UHT milk market is expected to be severely limited. Moreover, limited infrastructure facilities in most parts of the world pose a major threat to the market growth.
Global UHT Milk Market: Key Players
Albea Group
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Amcor Ltd
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
Mother dairy
Other Prominent Players
Global UHT Milk Market: Regions
Global UHT Milk market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global UHT Milk in Europe held the largest market share of XX.X% in the year 2020. Demands for UHT milk are large in this area as the milk market in countries such as Germany, Belgium, and the Netherlands is growing strongly. In addition, in the previous 5 years, per capita, dairy product intake, as well as the easy manufacture and sale of UHT milk were noted as significantly increased compared to other traditional products. The use of pasteurized items such as UHT milk for daily diets in Denmark is close to that observed.
Global UHT Milk Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global UHT Milk Market report also contains analysis on:
UHT Milk Market Segments:
By Fat Content
Whole
Semi Skimmed
Skimmed
By Product
Flavored
Unflavored
UHT Milk Market Dynamics
UHT Milk Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
UHT Milk Market Report Scope and Segmentation
Frequently Asked Questions
How big is the UHT Milk market
What is the UHT Milk market growth
Which segment accounted for the largest UHT Milk market share
Who are the key players in the UHT Milk market
What are the factors driving the UHT Milk market
Contents
1. Executive Summary
2. Global UHT Milk Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global UHT Milk Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global UHT Milk Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global UHT Milk Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Fat Content: Market Share (2020-2030F)
1. whole, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Semi Skimmed, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Skimmed, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By Product: Market Share (2020-2030F)
1. Flavored, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Unflavored, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. Albea Group
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Amcor Ltd
3. First milk
4. Ardagh Group
5. Bemis Company, Inc.
6. Mondi plc
7. Koa Glass Co. Ltd.
8. Bormioli Rocco Spa
9. Saint-Gobain
10. MeadWestvaco Corp.
11. Sonoco Products Company
12. A2 Corporation
13. Mother dairy
14. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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