The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global UHT milk market reached a volume of 118.3 Billion Litres in 2020.
According to the estimates by IMARC Group, the global UHT milk market will exhibit moderate growth during the next five years.
The market growth can be primarily attributed to rapid urbanization, busy lifestyles, improving standards of living and the rising demand for on-the-go dairy products.
At present, UHT milk is gaining traction across areas with inadequate cold chain facilities and scarcity of milk. Moreover, the introduction of organic, flavored and lactose-free variants is acting as another major trend in the market.
Due to the spread of the coronavirus disease (COVID-19), consumer focus has shifted toward convenient, healthy and nutritious products. Consequently, there is an increase in the demand for UHT milk as it provides various nutritional benefits and requires a minimal need for refrigeration. However, market players are unable to meet the sudden surge in the demand on account of labor shortage and disrupted supply chains.
Based on the type, the market has been segregated into full cream, semi-skimmed and skimmed UHT milk.
The market has been analyzed on the basis of the distribution channel into supermarkets and hypermarkets, convenience stores, specialty stores, online retail and others.
Region-wise, the market has been segmented into the European Union, Asia, North America, Latin America, Eastern Europe, and Middle East and Africa.
Leading industry players are Lactalis International, Nestlé S.A., Fonterra Co-operative Group Limited, Danone S.A. and Arla Foods amba.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at