UHT milk, or ultra-high temperature milk, is made by processing milk at high temperature so as to remove the pathogens. The UHT process preserves all the nutrients present in milk and makes it suitable for storage at room temperature for long periods without any preservatives. UHT milk is more convenient than ordinary fluid milk as it does not need to be stored in refrigerator or boiled before consumption. A recently released report by IMARC Group, titled “UHT Milk Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, critically examines the Indian UHT milk market. The report finds that the market reached a value of around INR XX Billion in 2018, exhibiting a CAGR of nearly 25% during 2011-2018. Currently, one of the major factors driving the market is the ease of storage of UHT milk which facilitates its transportation over long distances to milk scarce regions. Some of the other growth inducing factors include ease of use, hectic lifestyles, long-shelf life, changing dietary habits, etc. According to the report, the market is further expected to reach a value of INR 193 Billion by 2024, growing at a CAGR of XX% during 2019-2024.
The report has examined the Indian UHT Milk Market in 15 major states:
For each of the states, the report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast. Currently, Karnataka represents the largest market, accounting for nearly XX% of the total market. It is followed by Maharashtra and Tamil Nadu. The competitive landscape of the Indian UHT milk market has also been covered in this report. Some of the prominent players operating in the market include GCMMF, KMF, TN Cooperative, Nestle and Mother Dairy.
The study gives an in-depth analysis of the UHT milk market landscape in India, covering the current, historical and future trends for UHT milk production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian UHT milk market along with breakup by segment, region, and an analysis of the competitive landscape. The study is based on both desk research and multiple waves of qualitative primary research. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian UHT milk industry in any manner.
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