UHT Milk Market Size, Growth Factors, Top Leaders, Development Strategy, Future Prospects For Players: Nestlé, Lactalis Group, Danone & Inner Mongolia Yitai Coal Co., Ltd.

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.

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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.

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.

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With the increasing urbanization, the adoption of several trends related to lifestyle and well-being are in practice within the developing countries of Asia-Pacific, Middle East, and Africa. The growing apartment culture in countries, such as China and India is influencing the consumers to use products with larger shelf life.

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.

UHT MILK MARKET SEGMENTATION

Breakdown by Segment

• Whole
• Semi-Skimmed
• Skimmed

Breakdown by Distribution Channel

GEOGRAPHICAL SEGMENTATION

Breakdown by Region

• North America
o U.S.
o Mexico
o Rest of North America
• Europe
o France
o Germany
o Spain
o Belgium
o Italy
o Rest of Europe
• Asia Pacific
o China
o Rest of Asia-Pacific
• Rest of the World (ROW)
o Brazil
o South Africa
o Rest of ROW

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This release was published on openPR.