According to a new market report published by Lucintel, the future of the UHT milk market looks promising with opportunities in the dairy industry. The global UHT milk market is expected to grow with a CAGR of 12% from 2020 to 2025. The major drivers for this market are increasing trend of consuming milk while on the go, no need for refrigeration, and it is the best alternative of ordinary liquid milk
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UHT milk is the liquid milk sterilized at an ultra-high temperature (UHT) that imparts it an extended life. In this market, full cream, semi-skimmed, and skimmed are the major products. Lucintel forecasts that semi-skimmed will remain the largest product segment over the forecast period due to rise in demand for dairy products in several countries, such as the U.S., China, and India.
Europe will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to consumers’ less frequent shopping habits, as it can be stored for a longer period.
Savencia Fromage & Dairy, Sodiaal, Arla, Murray Goulburn, Yili Group, Danone, Fonterra, Lactalis, and Nestle are among the major suppliers in the global UHT milk market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global UHT milk market by product, distribution channel, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global UHT Milk Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global UHT milk market by product, distribution channel, and region as follows:
By Product [$M shipment analysis for 2014 – 2025]:
Full Cream
Semi-Skimmed
Skimmed
By Distribution Channel [$M shipment analysis for 2014 – 2025]:
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.