A quick peek into the report
Table of Contents
1.1 Market Drivers
1.1.1 Increasing Disposable Income and Urbanization
1.1.2 Longer Shelf Life and Convenience in Usage
1.1.3 Combating Lactose Intolerance
1.2 Market Restraints
1.2.1 High Cost of Packaging
1.2.2 Consumer Tastes and Preferences
1.3 Market Opportunities
1.3.1 Opportunities in Asia-Pacific, Middle East, and Africa
1.3.2 Collaborations with Online Retailers
2.1 Key Market Developments and Strategies
2.1.1 Business Expansion and Contracts
2.1.2 Mergers and Acquisitions
2.1.3 Partnerships, Collaborations, & Joint Ventures
2.1.4 Product Launches and Developments
2.2 Geographic Presence of Key Competitors
3.1 Industry Attractiveness
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Bargaining Power of Suppliers
3.1.4 Threat from Substitutes
3.1.5 Intensity of Competitive Rivalry
3.2 Supply Chain Analysis
3.3 Consortiums and Associations
4.1 Assumptions and Limitations for Analysis and Forecast of the Global UHT Milk Market
4.2 Market Overview
4.3 Whole Milk
4.4 Semi-Skimmed Milk
4.5 Skimmed Milk
5.1 Market Overview
5.2 Direct/Institutional Sales
5.3 Retail Sales
5.3.1 Supermarkets/Hypermarkets
5.3.2 Small Retail Stores
5.3.3 Online
5.3.4 Others (Convenience Stores, Specialty Stores, and Kiosks)
6.1 Market Overview
6.2 Europe
6.2.1 Europe UHT Milk Market (by Milk Type)
6.2.2 Europe UHT Milk Market (By Distribution Channel)
6.2.3 Europe UHT Milk Market (by Country)
6.2.3.1 France
6.2.3.2 Germany
6.2.3.3 Russia
6.2.3.4 U.K.
6.2.3.5 Netherlands
6.2.3.6 Rest-of-Europe
6.3 North America
6.3.1 North America UHT Milk Market (by Milk Type)
6.3.2 North America UHT Milk Market (by Distribution Channel)
6.3.3 North America UHT Milk Market (by Country)
6.3.3.1 U.S.
6.3.3.2 Canada
6.3.3.3 Mexico
6.3.3.4 Rest-of-North America
6.4 Asia-Pacific
6.4.1 Asia-Pacific UHT Milk Market (by Milk Type)
6.4.2 Asia-Pacific UHT Milk Market (Distribution Channel)
6.4.3 Asia-Pacific UHT Milk Market (by Country)
6.4.3.1 China
6.4.3.2 Japan
6.4.3.3 Australia
6.4.3.4 India
6.4.3.5 South Korea
6.4.3.6 Rest-of-Asia-Pacific
6.5 Rest-of-the-World (RoW)
6.5.1 RoW UHT Milk Market (by Type)
6.5.2 RoW UHT Milk Market (Distribution Channel)
6.5.3 RoW UHT Milk Market (by Country)
6.5.3.1 Brazil
6.5.3.2 Argentina
6.5.3.3 Egypt
6.5.3.4 Saudi Arabia
6.5.3.5 South Africa
6.5.3.6 Rest-of-RoW
7.1 Arla Foods
7.1.1 Company Overview
7.1.2 Role of Arla Foods in UHT Milk Market
7.1.3 SWOT Analysis
7.2 Danone S.A.
7.2.1 Company Overview
7.2.2 Role of Danone S.A. in UHT Milk Market
7.2.3 Financials
7.2.4 SWOT Analysis
7.3 Nestlé S.A.
7.3.1 Company Overview
7.3.2 Role of Nestlé S.A. in UHT Milk Market
7.3.3 Financials
7.3.4 SWOT Analysis
7.4 Parmalat S.p.A.
7.4.1 Company Overview
7.4.2 Role of Parmalat S.p.A. in UHT Milk Market
7.4.3 Financials
7.4.4 SWOT Analysis
7.5 Savencia Fromage & Dairy
7.5.1 Company Overview
7.5.2 Role of Savencia Fromage & Dairy in UHT Milk Market
7.5.3 Financials
7.5.4 SWOT Analysis
7.6 Sodiaal Group
7.6.1 Company Overview
7.6.2 Role of Sodiaal Group in UHT Milk Market
7.6.3 Financials
7.6.4 SWOT Analysis
7.7 Inner Mongolia Yili Industrial Group Co. Ltd.
7.7.1 Company Overview
7.7.2 Role of Inner Mongolia Yili Industrial Group Co. Ltd. in UHT Milk Market
7.7.3 Financials
7.7.4 SWOT Analysis
7.8 Fonterra Co-operative Group
7.8.1 Company Overview
7.8.2 Role of Fonterra Co-operative Group in UHT Milk Market
7.8.3 Financials
7.8.4 SWOT Analysis
7.9 Murray Goulburn Co-operative Co. Limited
7.9.1 Company Overview
7.9.2 Role of Murray Goulburn Co-operative Co. Limited in UHT Milk Market
7.9.3 Financials
7.9.4 SWOT Analysis
7.10 Britannia Industries Limited
7.10.1 Company Overview
7.10.2 Role of Britannia Industries Limited in UHT Milk Market
7.10.3 Financials
7.10.4 SWOT Analysis
7.11 The Bel Group
7.11.1 Company Overview
7.11.2 Role of The Bel Group in UHT Milk Market
7.11.3 Financials
7.11.4 SWOT Analysis
7.12 Almarai Company
7.12.1 Company Overview
7.12.2 Role of Almarai Company in UHT Milk Market
7.12.3 Financials
7.12.4 SWOT Analysis
7.13 China Mengniu Dairy Company Limited
7.13.1 Company Overview
7.13.2 Role of China Mengniu Dairy Company Limited Group in UHT Milk Market
7.13.3 Financials
7.13.4 SWOT Analysis
7.14 Bright Dairy & Food Co., Ltd.
7.14.1 Company Overview
7.14.2 Role of Bright Dairy & Food Co., Ltd. Limited Group in UHT Milk Market
7.14.3 Financials
7.14.4 SWOT Analysis
7.15 Organic Valley
7.15.1 Company Overview
7.15.2 Role of Organic Valley in UHT Milk Market
7.15.3 SWOT Analysis
8.1 Report Scope
8.2 UHT Milk Market Research Methodology
8.3 Primary Data Sources
8.4 Secondary Data Sources
8.5 Data Triangulation
8.6 Market Estimation and Forecast
Table 1.1: Impact Analysis of Drivers
Table 1.2: Impact Analysis of Restraints
Table 3.1: Analyzing Threat of New Entrants
Table 3.2: Analyzing Bargaining Power of Buyers
Table 3.3: Analyzing Bargaining Power of Suppliers
Table 3.4: Analyzing the Threat from Substitute
Table 3.5: Analyzing the Intensity of Competitive Rivalry
Table 3.6: List of Consortiums and Associations
Table 4.1: Global UHT Milk Market (by Milk Type), Million Tons, 2018-2024
Table 5.1: Global UHT Milk Market (by Distribution Channel), Million Tons, 2018-2024
Table 5.2: Global Internet and Population Statistics, 2019
Table 6.1: Global UHT Milk Market (by Region), Million Tons, 2018-2024
Table 6.2: Europe UHT Milk Market (by Milk Type), Million Tons, 2018-2024
Table 6.3: Europe UHT Milk Market (by Distribution Channel), Million Tons, 2018-2024
Table 6.4: Europe UHT Milk Market (by Retail Channel), Million Tons, 2018-2024
Table 6.5: North America UHT Milk Market (by Milk Type), Million Tons, 2018-2024
Table 6.6: North America UHT Milk Market (by Distribution Channel), Million Tons, 2018-2024
Table 6.7: North America UHT Milk Market (by Retail Channel), Million Tons, 2018-2024
Table 6.8: Asia-Pacific UHT Milk Market (by Milk Type), Million Tons, 2018-2024
Table 6.9: Asia-Pacific UHT Milk Market (by Distribution Channel), Million Tons, 2018-2024
Table 6.10: Asia-Pacific UHT Milk Market (by Retail Channel), Million Tons, 2018-2024
Table 6.11: RoW UHT Milk Market (by Type), Million Tons, 2018-2024
Table 6.12: RoW UHT Milk Market (by Distribution Channel), Million Tons, 2018-2024
Table 6.13: RoW UHT Milk Market (by Retail Channel), Million Tons, 2018-2024
Table 7.1: Arla Foods: Product Portfolio
Table 7.2: Danone: Product Portfolio
Table 7.3: Nestlé S.A.: Product Portfolio
Table 7.4: Parmalat S.p.A.: Product Portfolio
Table 7.5: Savencia Fromage & Dairy: Product Portfolio
Table 7.6: Sodiaal Group: Product Portfolio
Table 7.7: Inner Mongolia Yili Industrial Group Co. Ltd.: Product Portfolio
Table 7.8: Fonterra Co-operative Group: Product Portfolio
Table 7.9: Murray Goulburn Co-operative Co. Limited: Product Portfolio
Table 7.10: Britannia Industries Limited: Product Portfolio
Table 7.11: Fromageries Bel: Product Portfolio
Table 7.12: Almarai Company: Product Portfolio
Table 7.13: China Mengniu Dairy Company Limited: Product Portfolio
Table 7.14: Bright Dairy & Food Co., Ltd.: Product Portfolio
Table 7.15: Organic Valley: Product Portfolio
Figure 1: Macroeconomic Trends Impacting the Global UHT Milk Demand
Figure 2: Drivers and Restraints – Global UHT Milk Market
Figure 3: Global UHT Milk Market Snapshot
Figure 4: Global UHT Milk Market (by Milk Type), 2019-2024, (Million Tons)
Figure 5: Global UHT Milk Market by Application Area
Figure 6: Regional UHT Milk Market Snapshot
Figure 1.1: Market Dynamics
Figure 1.2: Urbanization Across Regions, 2018
Figure 2.1: Strategies Adopted by the Key Players (January 2016 - December 2019)
Figure 2.2: Business Expansion and Contract Share (by Companies)
Figure 2.3: Mergers and Acquisitions Share (by Companies)
Figure 2.4: Partnerships, Collaborations and Joint Ventures Share (by Companies)
Figure 2.5: Product Launches and Developments Share (by Companies)
Figure 2.6: Geographic Presence of Key Competitors
Figure 3.1: Porter’s Five Forces Analysis for the UHT Milk Market
Figure 3.2: Supply Chain Analysis of UHT Milk Market
Figure 4.1: Different Milk Types Based on Fat Content
Figure 4.2: Global UHT Milk Market (by Whole Milk), Million Tons, 2018-2024
Figure 4.3: Different Whole UHT Milk Types
Figure 4.4: Global UHT Milk Market (by Semi-Skimmed Milk), Million Tons, 2018-2024
Figure 4.5: Global UHT Milk Market (by Skimmed Milk), Million Tons, 2018-2024
Figure 5.1: Types of Distribution Channels
Figure 5.2: Global UHT Milk Market (by Direct/Institutional Sales), Million Tons, 2018-2024
Figure 5.3: Global UHT Milk Market (by Retail Sales), Million Tons, 2018-2024
Figure 5.4: Global UHT Milk Market (by Supermarkets/Hypermarkets), Million Tons, 2018-2024
Figure 5.5: Global UHT Milk Market (by Small Retail Stores), Million Tons, 2018-2024
Figure 5.6: Global UHT Milk Market (by Online), Million Tons, 2018-2024
Figure 5.7: Global UHT Milk Market (by Other Distribution Channels), Million Tons, 2018-2024
Figure 6.1: Global UHT Milk Market, Market Share and CAGR (by Region), by Volume
Figure 6.2: Global UHT Milk Market Attractiveness Index, By Region, By Volume, 2018-2024
Figure 6.3: Europe UHT Milk Market, Million Tons, 2018-2024
Figure 6.4: Europe Urban Population Share by Key Countries (as a Percentage of Total Population), 2016-2018
Figure 6.5: France UHT Milk Market, Million Tons, 2018-2024
Figure 6.6: Germany UHT Milk Market, Million Tons, 2018-2024
Figure 6.7: Russia UHT Milk Market, Million Tons, 2018-2024
Figure 6.8: The U.K. UHT Milk Market, Million Tons, 2018-2024
Figure 6.9: The Netherlands UHT Milk Market, Million Tons, 2018-2024
Figure 6.10: Rest-of-Europe UHT Milk Market, Million Tons, 2018-2024
Figure 6.11: North America UHT Milk Market, Million Tons, 2018-2024
Figure 6.12: North America Urban Population Share (as a Percentage of Total Population), by Select Country, 2016-2018
Figure 6.13: The U.S. UHT Milk Market, Million Tons, 2018-2024
Figure 6.14: Canada UHT Milk Market, Million Tons, 2018-2024
Figure 6.15: Mexico UHT Milk Market, Million Tons, 2018-2024
Figure 6.16: Rest-of-North America UHT Milk Market, Million Tons, 2018-2024
Figure 6.17: Asia-Pacific UHT Milk Market, Million Tons, 2018-2024
Figure 6.18: Asia-Pacific Urban Population Share (as a Percentage of Total Population), 2016-2018
Figure 6.19: China UHT Milk Market, Million Tons, 2018-2024
Figure 6.20: Japan UHT Milk Market, Million Tons, 2018-2024
Figure 6.21: Australia UHT Milk Market, Million Tons, 2018-2024
Figure 6.22: India UHT Milk Market, Million Tons, 2018-2024
Figure 6.23: India GDP per Capita, PPP, 2012-2016 (USD)
Figure 6.24: India Number of Internet Users (Million), Internet Penetration (%), 2012-2016
Figure 6.25: South Korea UHT Milk Market, Million Tons, 2018-2024
Figure 6.26: Rest-of-Asia-Pacific UHT Milk Market, Million Tons, 2018-2024
Figure 6.27: RoW UHT Milk Market, Million Tons, 2018-2024
Figure 6.28: Brazil UHT Milk Market, Million Tons, 2018-2024
Figure 6.29: Argentina UHT Milk Market, Million Tons, 2018-2024
Figure 6.30: Egypt UHT Milk Market, Million Tons, 2018-2024
Figure 6.31: Saudi Arabia UHT Milk Market, Million Tons, 2018-2024
Figure 6.32: South Africa UHT Milk Market, Million Tons, 2018-2024
Figure 6.33: Rest-of-RoW UHT Milk Market, Million Tons, 2018-2024
Figure 7.1: Segmentation of Key Companies Profiled by Headquarter Location
Figure 7.2: Arla Foods: SWOT Analysis
Figure 7.3: Danone S.A.: Overall Financials, 2016-2018
Figure 7.4: Danone: Net Revenue by Business Segment, 2016-2018
Figure 7.5: Danone S.A.: Net Revenue by Regional Segment, 2016-2018
Figure 7.6: Danone Foods: SWOT Analysis
Figure 7.7: Nestlé S.A.: Overall Financials, 2016-2018
Figure 7.8: Nestlé S.A.: Net Revenue by Business Segment, 2016-2018
Figure 7.9: Nestlé S.A.: Net Revenue by Regional Segment, 2016-2018
Figure 7.10: Nestlé S.A.: SWOT Analysis
Figure 7.11: Parmalat S.p.A.: Overall Financials, 2015-2017
Figure 7.12: Parmalat S.p.A.: Net Revenue by Business Segment, 2015-2017
Figure 7.13: Parmalat S.p.A.: Net Revenue by Regional Segment, 2015-2017
Figure 7.14: Parmalat S.p.A.: SWOT Analysis
Figure 7.15: Savencia Fromage & Dairy: Overall Financials, 2016-2018
Figure 7.16: Savencia Fromage & Dairy: Net Revenue by Business Segment, 2016-2018
Figure 7.17: Savencia Fromage & Dairy: SWOT Analysis
Figure 7.18: Sodiaal Group: Overall Financials, 2016-2018
Figure 7.19: Sodiaal Group: Net Revenue by Business Segment, 2017-2018
Figure 7.20: Sodiaal Group: SWOT Analysis
Figure 7.21: Inner Mongolia Yili Industrial Group Co. Ltd.: Overall Financials, 2016-2018
Figure 7.22: Inner Mongolia Yili Industrial Group Co. Ltd.: Net Revenue by Business Segment, 2016-2018
Figure 7.23: Inner Mongolia Yili Industrial Group Co. Ltd.: SWOT Analysis
Figure 7.24: Fonterra Co-operative Group: Overall Financials, 2017-2019
Figure 7.25: Fonterra Co-operative Group: Net Revenue by Business Segment, 2017-2019
Figure 7.26: Fonterra Co-operative Group: Net Revenue by Regional Segment, 2017-2019
Figure 7.27: Fonterra Co-operative Group: SWOT Analysis
Figure 7.28: Murray Goulburn Co-operative Co. Limited: Overall Financials, 2017-2019
Figure 7.29: Murray Goulburn Co-operative Co. Limited: Net Revenue by Business Segment, 2016-2018
Figure 7.30: Murray Goulburn Co-operative Co. Limited: SWOT Analysis
Figure 7.31: Britannia Industries Limited: Overall Financials, 2017-2019
Figure 7.32: Britannia Industries Limited: Net Revenue by Regional Segment, 2017-2019
Figure 7.33: Britannia Industries Limited: SWOT Analysis
Figure 7.34: The Bel Group: Overall Financials, 2016-2018
Figure 7.35: The Bel Group: Net Revenue by Regional Segment, 2016-2018
Figure 7.36: The Bel Group: SWOT Analysis
Figure 7.37: Almarai Company: Overall Financials, 2016-2018
Figure 7.38: Almarai Company: Net Revenue by Business Segment, 2016-2018
Figure 7.39: Almarai Company: Net Revenue by Regional Segment, 2016-2018
Figure 7.40: Almarai Company: SWOT Analysis
Figure 7.41: China Mengniu Dairy Company Limited: Overall Financials, 2017-2019
Figure 7.42: China Mengniu Dairy Company Limited: Net Revenue by Business Segment, 2016-2018
Figure 7.43: China Mengniu Dairy Company Limited: SWOT Analysis
Figure 7.44: Bright Dairy & Food Co., Ltd.: Overall Financials, 2016-2018
Figure 7.45: Bright Dairy & Food Co., Ltd.: Net Revenue by Business Segment, 2016-2018
Figure 7.46: Bright Dairy & Food Co., Ltd.: SWOT Analysis
Figure 7.47: Organic Valley: SWOT Analysis
Figure 8.1: UHT Milk Market Scope
Figure 8.2: Report Methodology
Figure 8.3: Primary Interviews Breakdown, by Company, Designation, and Region
Figure 8.4: Sources of Secondary Research
Figure 8.5: Data Triangulation
Figure 8.6: Top-Down and Bottom-Up Approaches for Market Estimation
Report Description
Market Report Coverage - Global UHT Milk Market |
|||
Base Year |
2018 |
Market Size in 2018 |
95.73 million tons |
Forecast Period |
2019-2024 |
Value Estimation by 2024 |
124.77 million tons |
CAGR During Forecast Period |
4.57% |
Number of Tables |
|
Number of Pages |
|
||
Market Segmentation |
• Milk Type – Whole Milk, Semi-Skimmed Milk, and Skimmed Milk • Distribution Channel – Direct/Institutional Sales and Retail Sales (Supermarkets/Hypermarkets, Small Retail Stores, Online, and others) |
||
Regional Segmentation |
North America –U.S., Canada, Mexico, and Rest-of-North America Europe - U.K., Germany, France, Russia, Netherlands, and Rest-of-Europe Asia-Pacific – China, India, Australia, South Korea, Japan, and Rest-of-Asia-Pacific Rest-of-the-World – Brazil, Argentina, Egypt, Saudi Arabia, South Africa, and Rest-of-RoW |
||
Key Companies Profiled |
Parmalat S.p.A., Savencia Fromage & Dairy, Lactalis Group, Nestle S.A., Danone S.A., Arla Foods, Fonterra Co-operative Group, Sodiaal Group, Inner Mongolia Yili Industrial Group Co. Ltd., Murray Goulburn Co-operative Co. Ltd., Britannia Industries Ltd., The Bel Group, Almarai Company, China Mengniu Dairy Company Ltd., Organic Valley and Bright Dairy & Food Co. Ltd. |
Market Outlook
Market Segmentation by Milk Type
Due to various health and dietary benefits, a large section of consumers, including young women, health-conscious individuals, and the elderly, is preferring UHT skimmed milk over the other categories. Furthermore, leading manufacturers in the market are involved in the massive production of UHT skimmed milk and focused on promotional and marketing activities to attract new customers. However, during the forecast period 2019-2024, the semi-skimmed milk for the UHT milk industry is estimated to experience the highest growth rate of 5.42%.
Market Segmentation by Distribution Channel
Broadly, UHT milk is sold via two major distribution channels, which includes direct/institutional channel and retail channel. During the period 2019-2024, the retail channel for selling UHT milk contributed to the largest sales volume, with over 67.9 million tons sold in 2019. Furthermore, due to its increasing use in the foodservice industry, defense, and various workspaces, the sale of UHT milk through direct/institutional channels is expected to grow faster than retail distribution channels.
Market Segmentation by Region
While different regions are gradually adopting UHT milk products with varying degrees, the European market is expected to maintain market dominance during the coming years. Other markets, such as the Chinese UHT milk market, are expected to drive the sales volume due to the competitively priced product offerings. Also, the major companies worldwide are focusing on the incentives, promotional activities, and product packaging to directly impact the level of uptake of UHT milk in each region.
Key Questions Answered in this Report:
• How is UHT milk a viable solution to the increasing global milk demand?
• What are the major factors promoting the uptake of UHT milk?
• How is the associated high cost affecting the overall adoption of UHT milk?
• How competitive is the industry in terms of market developments by key players such as business expansions, collaborations, acquisitions, agreements, and new product developments?
• What are the key strategies, both inorganic and organic, that are being adopted by market participants to expand their market share, regionally as well as in new product lines?
• What has been the impact of market forces in the global UHT milk market in the last three years?
• Which is the most common milk type offered to consumers in the UHT milk segment?
• What is the expected growth potential for different distribution channels during the forecast period?
• Who are the leading players offering UHT milk in the market?
• What is the expected future scenario and revenue generated by different types of milk?
• Which was the most dominant region in terms of UHT milk adoption, revenue generation, and presence of companies as of 2018?
• What are the internal and external factors that impact the company's positioning in the market?
Market Overview
Market Overview and Estimation
Over the decades, the global milk industry has evolved and reached new frontiers in terms of production and availability across the globe. By the end of 2018, global milk production witnessed an increase of more than 60% than production in 1985. As the consumer base expanded, several innovations and developments in the industry resulted in the concept of ultra-high temperature (UHT) milk, further expanded into a flavored milk variant as well.
This disruption in the milk industry has visibly strengthened and gained significant recognition for its distinctive features offered to its consumers. In an industry analysis by BIS Research, the global UHT milk market grew to a market size of 95.73 million tons in 2018 and is estimated to reach the mark of 124.77 million tons by 2024, with a CAGR of 4.57%. The industry also addressed the needs of the lactose-intolerant population by offering specialized UHT lactose-free milk variant, which made it largely distinctive in comparison to the fresh dairy milk.
Developed nations, specifically in the European region, have shown an active interest in the adoption of UHT milk as a regular and prominent way of consuming milk. The rising awareness about UHT milk is resulting in an improved adoption rate of the product, especially in the regions dominated by the sale of fresh dairy milk. In an attempt to attract a larger base of consumers, major UHT milk producers are collaborating with regional milk producers to introduce heating technology involved for manufacturing UHT milk across both tier-1 and tier-2 cities globally.
UHT milk is available in several variants that include skimmed and semi-skimmed milk, offering special benefits for a vital section of the health-conscious population. The foodservice industry is one of the major end-user of the UHT milk for the production of eatables such as milk-based desserts, milkshakes, and ice-cream. Due to the various health and dietary benefits, and enhanced amounts of vitamin D and calcium, UHT skimmed milk is the most premium category of UHT milk out of all.
Growth Drivers |
• Increasing Disposable Income and Urbanization • Longer Shelf Life and Convenience in Usage • Combating Lactose Intolerance |
||
Market Challenges |
• High Cost of Packaging • Consumer Tastes and Preferences |
||
Market Opportunities |
• Opportunities in Asia-Pacific, Middle East, and Africa • Collaborations with Online Retailers |
Growth Factors
Increasing Disposable Income and Urbanization
The ever-increasing global population, urbanization, and disposable income have plummeted the need for increased premium milk consumption. Rising disposable income has increased the spending capacity of the population, which has resulted in encouraging them to buy premium milk and thereby increase the market demand for UHT milk.
Longer Shelf Life and Convenience in Usage
The awareness about several key benefits of UHT milk, such as long-shelf-life and convenience in usage, has drawn the attention of urbane youth towards wider consumption of UHT milk. The variants in UHT milk that includes skimmed and semi-skimmed has attracted consumers such as young women, the elderly, and health-conscious individuals for improved milk consumption.
Combating Lactose Intolerance
UHT milk industry has conveniently addressed the needs of the lactose-intolerant population by introducing specialized UHT lactose-free milk variants. This essential feature of UHT milk has garnered huge interest from a huge set of consumers and offered a distinction as compared to the fresh dairy milk. The major players involved in the market are currently focusing on attracting a large customer base for at least a single-time purchase of the product, which can act as a proper introduction for the consumers about the taste and quality of UHT milk.
Global UHT Milk Market – Analysis and Forecast, 2019-2024
Focus on Type (Whole, Skimmed, Semi-Skimmed), Distribution Channel (Institutional and Retail), and Region