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Ultra-High Temperature (UHT) Processing Market 2021 Analysis by Recent Developments and Growth Outlook- GOMA Engineering, SPX Flow, GEA Group, Elecster Oyj
Global Ultra High Temperature (UHT) Processing Market report include current market scenario and offers a comprehensive analysis on Ultra High Temperature (UHT) Processing industry, standing on the readers’ perspective, delivering detailed market data and understanding insights. It comprises inclusive important points that significantly affect the growth of the market at a global level. It analyzes present scenario along with future trends in the market. The report is made after a pin-point research and exhaustive investigation of the market development in different sectors that requires theoretical analysis, technology-based ideas, and its validity.The global ultra-high temperature (UHT) processing market is expected to grow from $4.44 billion in 2020 to $5.18 billion in 2021 at a compound annual growth rate (CAGR) of 16.7%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $8.75 billion in 2025 at a CAGR of 14%.
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Scope of the Report:
Markets Covered: 1) By Component Type: Heaters; Homogenizers; Flash Cooling; Aseptic Packaging; Others
2) By Product Form: Liquid; Semi-Liquid
3) By Mode of Operation: Direct; Indirect
4) By Application: Milk; Dairy Desserts; Juices; Soups; Others
Companies Mentioned: GOMA Engineering; SPX Flow; GEA Group; Elecster Oyj; Shanghai Triowin Intelligent Machinery
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Key Developments:
In May 2020, Tetra Pak company introduced an indirect UHT unit Intelligent Customisation, which provides food and beverage industries with custom-made processing technologies.
In October 2020, ProMach, a US-based packaging machinery company acquired Statco-DSI for an undisclosed amount. The addition of Statco-DSI expands ProMachs systems and integration capabilities for food and beverage processing, enhancing ProMachs capacity to provide complete turnkey systems along any part of the production line. Statco-DSI is a US-based company that manufactures UHT-based thermal processing systems and casers for the dairy industry.
Market Analysis:
North America was the largest region in the ultra-high temperature (UHT) processing market in 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Executive Summary:
The UHT processing market consists of sales of ultra-high temperature (UHT) processing devices and related services by entities (organizations, sole traders, and partnerships) that are used to sterilize liquid food such as milk, soups, and sauces by heating over 135?C to kill bacteria. UHT processing offers the same bactericidal effect as in-container sterilizing at a lower temperature for a longer time, but it generates far less chemical change, resulting in a higher-quality product. The main types of components included in the UHT processing market are homogenizers, heaters, flash cooling, aseptic packaging and others. A homogenizer is a device that achieves liquid dispersion by pushing the mixture through a narrow orifice at high pressures. The products of the UHT processing market can be in liquid form and semi-liquid form and can be operated in direct form and indirect form. The UHT Processing is used in milk, dairy desserts, juices, soups and others. The growing technological advancements are shaping the ultra-high temperature (UHT) processing market. Major companies operating in the ultra-high temperature (UHT) sector are focused on developing technological solutions for ultra-high temperature (UHT) to strengthen their position. For instance, in June 2020, Tetra Pak, a Sweden-based food packaging and processing company that offers direct and indirect UHT processing methods launched a new, first-of-its-kind low-energy processing line for juice, nectar, and still drinks (JNSD) that will revolutionize beverage processing. Using a combination of pasteurization, filtration, and UV technology, this technology redefines the process by treating drinks in two different streams. For instance, in 2020, gross dairy exports from the USA reached $6.4 billion, a rise of 9% over 2019. Moreover, according to a 2019 report by Rabobank, a US-based financial services company, the demand for dairy products in India propelled by 4% in 2020. Therefore, the increasing demand for dairy products fuels the growth of the ultra-high temperature (UHT) market.
Browse the report description and TOC:
https://www.marketinsightsreports.com/reports/09223281893/ultra-high-temperature-uht-processing-global-market-report-2021-covid-19-implications-and-growth-including-1-by-component-type-heaters-homogenizers-flash-cooling-aseptic-packaging-others-2-by-product-form-liquid-semi-liquid-3-by-mode-of-operation-direct-indirect-4-by-application-milk-dairy-desserts-juices-soups-others-covering-goma-engineering-spx-flow-gea-group-elecster-oyj-shanghai-triowin-intelligent-machinery?Mode=SD48
Highlights of Ultra High Temperature (UHT) Processing Market Report:
-Market dynamics, Ultra High Temperature (UHT) Processing economy manufacturing, opportunities on the total pricing of this top manufacturer and improvement trend analysis;
-Ultra High Temperature (UHT) Processing industry players at the general regional industry and economy synopsis;
-Deep analysis of the most significant market players included by Worldwide Ultra High Temperature (UHT) Processing Market study report;
-Understand more about the market plans that are increasingly now being adopted by leading Ultra High Temperature (UHT) Processing businesses;
-Evaluation of this market character, namely market development drivers, essential challengers, inhibitors, and chances;
-Strategically profile the key players and comprehensively analyze their growth strategies.
Key Takeaways:
-An extensive analysis of the Ultra High Temperature (UHT) Processing market trends and shares from 2017 to 2030 to identify market opportunities and analyze industry developments.
-Comprehensive analysis with respect to investments and price trends that impact the outlook of the Global Ultra High Temperature (UHT) Processing market between 2021 and 2030.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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