UHT Milk Market to Generate $126,174 Million Revenue by 2030

The global UHT milk market will generate revenue of $126,174 million in 2030, and the market size will advance at a CAGR of 7.8% between 2021 and 2030. This is attributed to the growing usage UHT milk in developing countries because it can sustain without refrigeration for 30 to 90 days. Moreover, the busy lifestyle of consumers is making them prefer milk that can be consumed over longer durations.

Semi-Skimmed Milk Will Witness Highest CAGR

Semi-skimmed milk will witness the highest CAGR, of around 8%, during the forecast period. This milk is sterilized, so that all germs are killed. Moreover, it has a lower fat content compared to whole milk; therefore, it is preferred by the health-conscious generation.

The developing nations of Asia-Pacific, the Middle East, and Africa have adopted various trends related to lifestyle and wellbeing in recent years as a result of the rising level of urbanization. In nations such as China and India, where the apartment culture is expanding, consumers are being influenced to utilize goods with longer shelf lives. In China, UHT milk already holds a major share in the total milk consumption.

Moreover, this variant is growing popular among UHT milk drinkers due to the numerous health and dietary advantages it provides, such as higher quantities of vitamin D and calcium.

Europe Held Largest Share in 2021

Europe held the largest share in the UTI milk market in 2021, attributed to its rapid acceptance in developed countries for regular consumption. By introducing specialist UHT lactose-free milk, the industry is also steadily meeting the needs of those who are lactose-intolerant. These fundamental characteristics of UHT milk set it apart from fresh dairy milk.

For instance, the MEGGLE brand introduced lactose-free products, which contain between 1.5% and 3.5% fat content, in its portfolio several years ago, in order to cater to the lactose-intolerant population.

Further, in order to provide consumers with a proper introduction to the taste and quality of UHT milk, F&B companies are concentrating on recruiting a bigger base of customers for at least a single purchase of the product. In order to accomplish this, producers have priced the product just a little higher than fresh dairy milk, to make it affordable for first-time purchasers.

Moreover, major UHT milk producers are actively deploying the heating technology needed to manufacture this commodity in both tier-1 and tier-2 cities throughout the world by working with regional milk producers.

Some of the major players in the UHT milk market are DANONE SA, Nestle S.A., SAVENCIA FROMAGE & DAIRY, Arla Foods Inc., Britannia Industries, The Bel Group, and Lactalis International.