UHT Milk Market Fueled by Increasing Influence of Western Culture: Industry Insight
A recent publication by Transparency Market Research (TMR) based on the global UHT milk market offers a complete analysis comparing the past and the present performance of the industry as well as the future prospects of this market during the period of 2013 to 2019.According to the market study, titled “UHT Milk Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, the global UHT milk market reached a value of US$60.8 billion in 2012. During the forecast period, the market is expected to expand at a CAGR of 12.8% to attain an estimated value of US$137.7 billion by the end of the forecast period.
Browse the full UHT Milk Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 report at https://www.transparencymarketresearch.com/uht-milk-market.html
The research report discusses the prevalent trends and growth drivers as well as restraints acting on the global UHT milk market in detail. In developed economies, awareness pertaining to health and hygiene results in high demand for sterilized food and drinks. Ultra heat treatment or UHT sterilizes milk by heating it at more than 135°C for around 2 seconds in order to kill spores present in the milk. The Influence of Western culture is rising tremendously across the globe, in turn accelerating the demand from the UHT milk market in the global arena.The increased shift of consumers towards packaged food is leaving them with less refrigeration space. UHT milk does not require refrigeration, which makes it the best alternative to regular milk. Apart from this, private brands of UHT milk are attracting consumers by introducing cheaper products in emerging economies. These factors are collectively fueling the global market for UHT milk.
On the other hand, the existence of an unorganized milk market and low awareness regarding UHT milk among consumers in emerging economies such as India and China are the major constraints on the growth of the global UHT milk industry. The large base of unorganized small dairy firms delivering raw milk of cows and buffalos within domestic circuits in these economies is hampering the global UHT milk market to a great extent. In 2012, the market for UHT milk in Europe accounted for the largest share in the global UHT milk market. However, the UHT milk industry in Asia Pacific is expected to dominate the global market by 2019. The rising urban population of China and other Asia Pacific countries is driving the UHT milk market in this region.
Milk has always been an essential part of daily diet all over the world. Nowadays, people are even consuming milk outside home, in gyms or during sports. Many schools have started providing milk to kids as a part of a midday meal. This trend has opened the door for the global UHT milk market. Lactalis, Nestle, and Fonterra are the major players operating in the UHT milk market in the global arena.
The research report, comprising competitive landscape analysis to track market competitiveness based on per capita consumption of UHT milk and the development of this industry in regional markets, is of special benefit for the participants, stakeholders, and the consultants operating in the global UHT milk industry.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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