GlobalUHT Milk Market: Snapshot
UHT milkhas gained traction among global population in recent years. The key reasonbehind this high popularity is said to be its longer shelf life. When freshmilk is processed under high temperatures, it is called as UHT (ultra hightemperature) milk. China has been the key consumer of UHT milk from last fewyears. Increased demand for this food product signifies lucrative avenues forthis market in China. Key vendors are growing their efforts to make theirposition strong in the globalUHT milk market. Introduction of new products at lower prices is one ofsuch efforts attracting major population from low economic status. This move isopening new avenues of market growth.
Anupcoming research report from TMR on the UHT Milk market offers comprehensiveanalysis of key elements of this market together with demand dynamics. Besides,it offers reliable information on potential growth avenues. The report givesvaluable insights of the said market for the forecast period of 2019–2028. As aresult, in-depth study of UHT Milk market in the report works as a valuableguide for market’s key entities. It assists them in making strategic businessmoves to propel their businesses.
GlobalUHT Milk Market: Growth Dynamics
Urbanpopulation is more inclined toward following western culture than people inrural area. In recent years, there is tremendous rise in urban population indeveloping countries. This has triggered adoption of western culture in theseregions. As a result, there is swift increase in demand for UHT milk indeveloping countries such as China.
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Poor coldchain maintenance in developing countries is one of the key reasons that are adriving factor for UHT milk market. This food product is processed under hightemperature, which makes it suitable to store at room temperature without therisk of bacterial growth. Thus, UHT milk does not need to maintain theclod chain. This key specialty is pushing major population from hostels andother places with no refrigeration facility to shift toward using UHT milk.
In recenttimes, there is rise in trend of consuming food outside homes. For instance,there is increase in consumption of milk in schools, gymnasiums, and sportsfield. This growing trend is making the way for the promising growth of the UHTmilk market. However, higher price of UHT milk as compared to regular milk andloss of nutritional values during processing of this product are hindering themarket growth. In addition, unorganized milk market is one of the keyrestraining factors slowing down the growth of the global UHT milk market.
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GlobalUHT Milk Market: Notable Development and Competitive Analysis
Manyinitiatives from government and private organizations are supporting thedevelopment of the UHT milk market. A case in point is announcement by KeralaCo-operative Milk Marketing Federation (Milma). The organization stated that itis launching a new factory for UHT milk production. This move is driving themarket in Asia Pacific region.
The globalUHT Milk market is moderately fragmented. Due to presence of numerous globaland local vendors, the competition level is highly intense. The list of keyplayers in the market includes:
· Parmalat S.p.A
· Dairy Partners Americas Brasil Ltda
· DMK Deutsches Milchkontor GmbH
· Unternehmensgruppe Theo Müller GmbH & Co. KG
· S.A.B. de C.V.
· Candia
· Grupo Lala
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