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Ultra High Temperature Milk Market Trends – Rise in online grocery shopping
CANADA, BC, VANCOUVER, December 28, 2021 /EINPresswire.com/ — The global Ultra-High Temperature (UHT) milk market size is expected to reach USD 113.94 Billion in 2028 and register a significantly robust revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Increasing demand among consumers for read-to-eat and convenience dairy products is a key factor expected to drive market revenue growth during the forecast period. Demand for ready-to-eat dairy products has been increasing over the last few years on account of busier lifestyle of consumers and rising disposable income, among others. The Global Ultra High Temperature Milk Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Ultra High Temperature Milk market in each key region of the world.
Furthermore, the report also covers a present and future impact analysis of the pandemic on market growth. The global Ultra High Temperature Milk business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Ultra High Temperature Milk market. Extended shelf life of UHT milk, convenience, and ease of use are other factors which boosting revenue growth of the market. Advancements in pasteurization technology is projected to continue to boost revenue growth of the market during the forecast period. Aseptic processing and packaging offers several advantages over traditional pasteurization. Less requirement for refrigeration during storage and distribution, lower energy costs, and extended shelf life are some of the advantages offered by the aseptic processing and packaging.
Some Key Highlights From the Report
In March 2019, Nestlé inaugurated its new liquid milk production line at its Villa Nueva Plant. Launch of the new production line would allow the company to enter into production of liquid milk with added value. The new production line allows manufacturing of 10 million liters per year of liquid products with added value using the UHT method.
Unflavored segment accounted for largest revenue share in 2020. Cost-effectiveness of unflavored milk in comparison to flavored milk coupled with less refrigeration factor is boosting its demand among food outlet chains, small scale restaurants, and for production of homemade beverages.
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Rise in online grocery shopping volumes, especially during the COVID-19 pandemic, have resulted in rising demand for UHT milk and boosted market growth. The pandemic has prompted consumers to explore safer and more convenient ways to gain access to essential grocery items. An increase in features offered by grocery delivery apps with the increasing number of stores offering curbside pick-up is resulting in rising sales of these products. Wide variety of products available on online platforms, which include flavored and unflavored UHT milk products, coupled with favorable discounts are expected to drive market growth going ahead.
The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market. The report on the global Ultra High Temperature Milk market presents the expected growth rate and market value the market is expected to achieve in the coming years. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. The Global Ultra High Temperature Milk Market Report offers extensive knowledge and information about the Ultra High Temperature Milk market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends.
Some major companies operating in the global market include Nestlé S.A., Lactalis Group, Fonterra Co-operative Group Limited, Danone S.A., Arla Foods, Amcor plc, Savencia Fromage & Dairy, Sodiaal Group, Clover Industries Limited, and Almarai Company.
To learn more details about the Global Ultra High Temperature Milk Market report, visit @ https://www.emergenresearch.com/industry-report/ultra-high-temperature-milk-market
Emergen Research has segmented the global Ultra-High Temperature (UHT) milk market on the basis of product, fat content, and region:
Product Outlook (Revenue, USD Billion; Volume, Million Liters, 2018–2028)
Fat Content Outlook (Revenue, USD Billion; Volume, Million Liters, 2018–2028)
The report aims to deliver a comprehensive understanding of the Ultra High Temperature Milk market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Key Geographies Profiled in the Report:
North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. UHT Milk Market Segmentation & Impact Analysis
4.1. UHT Milk Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Growth in the eCommerce sector of the developing countries
18.104.22.168. Rise in online grocery shopping
22.214.171.124. Poor cold chain setup in developing countries
126.96.36.199. Advancement in the pasteurization technology
188.8.131.52. Growing demand for UHT processed and aseptically packaged dairy foods
184.108.40.206. Increasing demand among consumers for ready-to-eat
4.2.3. Market restraints analysis
220.127.116.11. High price of the flavored UHT milk
18.104.22.168. Loss of product quality and manufacturing issues
22.214.171.124. Chances of depreciation of the nutritional value
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Key Objectives of the Global Ultra High Temperature Milk Market Report:
An all-inclusive analysis and forecast estimation of the market have been included in this report.
The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Ultra High Temperature Milk market and its leading players.
The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
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