UHT Milk Market Disclosing Latest Trends and Advancement Outlook 2024


Posted September 1, 2020 by bisrsrch

Focus on Type (Whole, Skimmed, Semi-Skimmed), Distribution Channel (Institutional and Retail), and Region

 
The global UHT milk industry is projected to grow significantly in the coming years, reaching a substantial 124.77 million tons in 2024 as compared to 95.73 million tons generated in 2018, registering a CAGR of 4.57% from 2019 to 2024. Stakeholders across the UHT milk industry are expected to highly invest and adopt UHT milk for lucrative business prospects. The rising concerns over global food security and sustainability have led to extensive government initiatives for milk production across the world. Further, the evolving dietary patterns and increasing urbanization have led to a considerable demand for healthy and fresh milk.

Read Report Overview: https://bisresearch.com/industry-report/uht-milk-market.html

Most of the leading manufacturers are actively involved in the production of UHT skimmed milk, which is the most premium category of UHT milk. Due to the various health and dietary benefits it offers to a large section of the population such as enhanced amounts of vitamin D and calcium, this category is becoming increasingly popular in terms of consumption amongst the UHT milk consumers. Consumers such as young women, health-conscious individuals, and the elderly are increasingly preferring UHT skimmed milk as compared to UHT whole milk in order to fulfil their dietary requirements through adequate milk consumption. UHT milk producers are actively focusing on promotional and marketing activities to attract new customers.

During the forecast period, the semi-skimmed milk for the UHT milk industry is expected to display the highest growth rate of 5.42%. The application of this milk type has a proliferated usage in fulfilling the majority of the nutritional requirements of the population, with a balance of fat content, proteins, and vitamins obtained in semi-skimmed milk. This milk type also helps curbing the risk of diabetes and cancer. The demand of the skimmed milk is also expected to witness a healthy growth in the upcoming years owing to the increased adoption by a growing working women population.

UHT milk is largely sold through two major distribution channels which are direct/institutional channel and retail channel. As of 2018, the retail channel for selling UHT milk contributed the largest volume of sales for this industry. With its increasing use in the food service industry, defense, and various workspaces, the sale of UHT milk through direct/institutional channel is expected to increase in the forecast period.

Obtain the Sample Report: https://bisresearch.com/requestsample?id=807&type=download

During the forecast period, the direct/institutional sale of UHT milk is expected to grow at the fastest rate, registering a growth rate of 5.13%. Various routes under the retail distribution channel are expected to increase the overall sales of UHT milk through retail channel, with an expected volume of 83.8 million tons in 2024.

Different regions have gradually increased adoption of UHT milk products with varying degrees, mainly due to the government influence across countries. The incentives, promotional activities, and product packaging by UHT milk producers directly impact the level of uptake of UHT milk in each region.

About BIS Research:

BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

As a leading market intelligence provider, BIS Research stands out of the crowd by complementing the data with valuable insights and actionable inputs for the client's success.

Contact:

Bhavya Banga

Email: [email protected]

BIS Research Inc.

39111 PASEO PADRE PKWY STE 313,

FREMONT CA 94538-1686

Visit our Blog @ https://blog.bisresearch.com/

Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research

Connect with us on [email protected] https://twitter.com/BISResearch
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By BIS RSRCH
Country United States
Categories Agriculture , Food , News
Tags UHT Milk , UHT Milk market , food , agriculture
Last Updated September 1, 2020