UHT Milk Industry Analysis, Size, Share, Development and Demand Forecast to 2020


The lack of refrigeration facilities in the developing countries, and increasing busy schedules of people are key growth drivers for the global UHT milk market.

The Asia-Pacific UHT milk market is expected to witness the fastest growth, with a CAGR of 20.6%% during 2015 – 2020. The whole variant is expected to witness fastest growth with a CAGR of 14.4% during the forecast period. The supermarkets and hypermarkets dominated the sales among distribution channels in the global market.

Explore Report Description With Detailed TOC:https://www.psmarketresearch.com/market-analysis/uht-milk-market

Milk is one of the essential food products consumed in every family. However, owing to the perishable nature, regular liquid milk is not purchased by the end-users in large volumes. Therefore, UHT milk is consumed worldwide, as an alternative to regular milk. The evolving consumer trends, such as on-the go consumption of milk is also boosting the growth of the global market of UHT milk. Earlier, milk was usually consumed during the breakfast or dinner. However, during the past few years, a shift in dietary trends has led to its pervasive consumption. Now-a-days, milk is consumed by individuals while in school, playground, gymnasium, and office. The government in many countries has been providing milk to children for promoting their growth. The sports and business people carry milk, in order to consume it on-the-go. This trend has affected the growth of the global UHT milk market in positive terms, as they can be carried safely to places without the need for refrigeration.

The weaker economic conditions in Europe have propelled the demand for cheaper products in the past few years. Milk being one of the inherent parts of everyday meal for the majority of European population, its affordability is important for most of the households. The private label UHT milk brands offered by supermarkets and hypermarkets are relatively cheaper than, those offered by established brands. This offsets the negative impact of economic slowdown, as the consumers have an option to switch towards the substitutes of their preferred brand in the economically crunch situation.

The major companies operating in the global UHT milk market include Nestle SA, Groupe Lactalis S.A., Fonterra Co-Operative Group Limited, Danone Limited, Grupo Lala, S.A.B. de CV, Sodiaal Group, Inner Mongolia Yili Industrial Group Co. Ltd., China Mengniu Dairy Company Limited, Devondale Murray Goulburn Co-Operative Co. Limited.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:
Deep

Assistant – Client Partner

347, 5th Ave. #1402

New York City, NY - 10016

Toll-free: +1-888-778-7886 (USA/Canada)

Email: enquiry@psmarketresearch.com

Web: https://www.psmarketresearch.com

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe.

Contact Information

P&S Market Research

347 5th Ave. #1402- 210
New York City
10016
United States
Phone : 8887787886
View website

Published in

Business , 0

Published on

Aug 30, 2016