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Report
Global UHT Milk Market Report and Forecast 2023-2028
Market Report I 2023-09-15 I 168 Pages I EMR Inc.
Global UHT Milk Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global UHT milk market reached a value of USD 192.82 billion in 2022. Aided by the accelerating shift towards longer shelf-life dairy products and UHT milk's expanding applications across varied sectors, the market is projected to further grow at a CAGR of 6.5% between 2023 and 2028 to reach a value of USD 281.35 billion by 2028.
UHT milk, subjected to ultra-high temperature processing, ensures the elimination of harmful microorganisms, allowing for an extended shelf-life without the necessity of refrigeration. Such milk retains the majority of its vitamins, minerals, and nutritional attributes found in regular milk. Apart from its dietary advantages, UHT milk's long shelf-life, absence of preservatives, and ease of storage make it a sought-after choice in numerous regions, particularly those where cold-chain logistics might pose challenges.
A significant factor buttressing the global UHT milk market growth is the escalating urbanisation and the rapid-paced modern lifestyle. Consumers globally are pivoting towards products that offer convenience in terms of storage, usage, and longevity. UHT milk, with its long shelf-life and no refrigeration requirement, fits snugly into this demand, catering to urban households and regions with erratic power supplies.
Additionally, the globalisation of cuisines and the proliferation of dairy in various dishes have amplified the UHT milk market demand. Its applicability across culinary preparations, be it desserts, sauces, or beverages, underscores its versatility, driving its demand further.
The widening applications of UHT milk in different industries significantly impact the market's trajectory. In the food and beverage sector, UHT milk is frequently used for its consistent texture and flavour, vital for standardised product outputs. The hospitality sector, especially hotels and airlines, prefers UHT milk due to its longer shelf-life, ensuring minimal wastage and optimal inventory management.
Moreover, health-conscious consumers are showing an inclination towards organic and additive-free products which is augmenting the UHT milk market outlook. Recognising this, many producers have introduced organic UHT milk variants that combine the goodness of organic dairy with the convenience of UHT processing. This amalgamation caters to a niche but rapidly expanding segment of health-aware consumers.
Furthermore, the burgeoning fitness trend and an overarching emphasis on protein-rich diets have shone a spotlight on milk as a prime protein source. UHT milk, with its ease of storage and transport, has become a preferred choice for fitness enthusiasts, especially those frequently on the move.
According to the UHT milk market analysis, Innovations in packaging have also contributed to UHT milk's global popularity. Environmentally-friendly and recyclable packaging options have not only made the product more sustainable but have also enhanced its appeal to the eco-conscious consumer base. Tetra Pak, for instance, offers a combination of convenience and sustainability, further boosting UHT milk's market stance.
Further bolstering the UHT milk market share is the increasing demand for dairy products in regions with traditionally low dairy consumption. As western diets become more popular globally, and with the increasing acceptance of dairy in Asian diets, the demand for storable dairy products like UHT milk is on the rise. The lack of robust cold-chain logistics in several of these regions makes UHT milk an optimal solution, marrying convenience with dietary preferences.
Market Segmentation
The market can be divided based on type, distribution channel, and region.
Market Breakup by Type
- Full Cream
- Semi Skimmed
- Skimmed
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
- Online Retail
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global UHT milk market. Some of the major players explored in the report by Expert Market Research are as follows:
- Lactalis International
- Nestle S.A.
- Fonterra Co-operative Group
- Arla Foods amba
- Danone
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global UHT Milk Market Analysis
8.1 Key Industry Highlights
8.2 Global UHT Milk Historical Market (2018-2022)
8.3 Global UHT Milk Market Forecast (2023-2028)
8.4 Global UHT Milk Market by Type
8.4.1 Full Cream
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Semi Skimmed
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Skimmed
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global UHT Milk Market by Distribution Channel
8.5.1 Supermarkets and Hypermarkets
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Convenience Stores
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Specialty Stores
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Online Retail
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global UHT Milk Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Market (2018-2022)
9.3.2 Market Forecast (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance and Raw Material
14 Project Details and Cost Analysis
14.1 Land, Location and Site Development
14.2 Construction
14.3 Plant Layout
14.4 Plant Machinery
14.5 Raw Material Requirement
14.6 Packaging
14.7 Transportation
14.8 Utilities
14.9 Manpower
14.10 Other Capital Investment
15 Loans and Financial Assistance
16 Project Economics
16.1 Capital Cost of Project
16.2 Techno-Economic Parameters
16.3 Product Pricing and Margins
16.4 Taxation and Depreciation
16.5 Income Projections
16.6 Expenditure Projections
16.7 Financial Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players' Market Share
17.3 Company Profiles
17.3.1 Lactalis International
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Financial Summary
17.3.1.5 Certifications
17.3.2 Nestle S.A.
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Financial Summary
17.3.2.5 Certifications
17.3.3 Fonterra Co-operative Group
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Financial Summary
17.3.3.5 Certifications
17.3.4 Arla Foods amba
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Demographic Reach and Achievements
17.3.4.4 Financial Summary
17.3.4.5 Certifications
17.3.5 Danone
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Demographic Reach and Achievements
17.3.5.4 Financial Summary
17.3.5.5 Certifications
17.3.6 Others
18 Industry Events and Developments
List of Key Figures and Tables1. Global UHT Milk Market: Key Industry Highlights, 2018 and 2028
2. Global UHT Milk Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global UHT Milk Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global UHT Milk Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
5. Global UHT Milk Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
6. Global UHT Milk Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global UHT Milk Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America UHT Milk Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America UHT Milk Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe UHT Milk Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe UHT Milk Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific UHT Milk Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific UHT Milk Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America UHT Milk Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America UHT Milk Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa UHT Milk Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa UHT Milk Forecast: Breakup by Country (USD Billion), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global UHT Milk Market Structure
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