Ultra High Temperature Milk Market Revenue To Cross $90.1 Billion By 2025 | Grand View Research, Inc.

March 11 13:12 2021
Ultra High Temperature Milk Market Revenue To Cross $90.1 Billion By 2025 | Grand View Research, Inc.

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According to a report published by Grand View Research, the ultra high temperature milk market has seen significant growth due to the factors such as busy and evolving lifestyles, growing disposable income, and an increasing number of working women. However, due to the COVID-19 pandemic which led to the global lockdown and slowdown in the world economic growth, the ultra high temperature milk market suffered a slowdown but still maintain a relatively optimistic growth.

The global ultra high temperature milk market size is expected to reach USD 90.1 billion by 2025, expanding at a CAGR of 7.8% over the forecast period. The increase in the number of new products related to the flavored and unflavoured ultra high temperature milk (UHT) content is increasing its demand in the global market. In addition, the longer shelf life of organic and traditional products, along with the ease of storage and transport, is driving the demand exponentially. The benefits associated with ultra high temperature milk, including increased vitamin content, enhanced flavoring, and antimicrobial and anti-fungal properties, are stimulating the market growth. All the aforementioned factors thus result in decreased cost of the product, thereby, giving foodservice companies an edge in the industry.

The impact of e-commerce platforms, social media campaigns, and a variety of manufacturers provides enormous growth potential for the flavored and unflavoured products in the market. The market growth is led due to an increase in consumer purchasing power and a tendency towards premium and long-term milk products. In addition, the growing demand for anti-bacterial products from Generation X due to their nutritious and flavored content is expected to fuel the market growth over the forecast period. 

Ultra High Temperature Milk Market Report Highlights:

• On the basis of product, the unflavored ultra high temperature milk segment dominated the market and accounted for a share of 77.8% in 2018. These products are used every day, thus have a strong customer base.

• The flavored ultra high temperature milk segment is expected to register the fastest CAGR of 9.9% over the forecast period. The flavored UHT segment is driven by various types of flavored products such as strawberry, spice, banana, and chocolate, which attracts a large number of consumers.

• On the basis of fat content, the skimmed ultra high temperature milk segment held the largest share of 48.9% in 2018 owing to the low-fat content in these products, thus attracting a large consumer base with healthy drinking patterns.

• In October 2020, Gokul, one of the largest packed milk selling brands in Maharashtra, India launched Gokul Select Tetra Pack milk with six months of shelf life 

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Ultra High Temperature Milk Market Segmentation

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 Fat Content Outlook (Revenue, USD Billion, 2015 – 2025)

    • Road Marking Lines
    • Road Marking Labels

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

    • North America
        • The U.S.
    •Europe
        • Germany
        • France
    • Asia Pacific
        • China
        • Japan
    • Central & South America
        • Brazil
    • Middle East & Africa
        • South Africa

List of Key Players of Ultra High Temperature Milk Market

    • Nestle SA
    • Lactalis Group
    • Fonterra Co-operative Group Limited
    • Danone Group
    • Inner Mongolia Yili Group Company Limited
    • Arla Foods
    • Sodiaal Group
    • Bongrain SA
    • Amcor Ltd.
    • Bemis Company

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Browse More Related Report:

Coconut Milk Powder Market: The global coconut milk powder market size was valued at USD 52.5 million in 2019 and is expected to register a compound annual growth rate (CAGR) of 10.1% from 2020 to 2027.

Malted Milk Market: The global malted milk market size was estimated at USD 5.58 billion in 2018 and will expand further at a CAGR of 5.5% over the forecast period.

About Grand View Research

Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.

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