Transparency Market Research UHT Milk Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 Published Date
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Global UHT Milk Market to Value USD 137.7 billion by 2019
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Global UHT Milk Market
REPORT DESCRIPTION
UHT Milk Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019, the new report by Transparency Market Research provided some invaluable insights about the growth opportunities and future prospects of the global UHT Milk market during the forecast period of the market, 2013 – 2019. Browse the full Global UHT Milk Market report at http://www.transparencymarketresearch.com/uht-milkmarket.html
According to the report, the global UHT milk market was valued at nearly USD 60.8 billion in 2012. By observing growth at a CAGR of 12.8% during the period of forecast, this market could reach a market value worth USD 137.7 billion by 2019.
UHT stands for the technique “Ultra heat Treated”.
UHT milk as the name suggests is subjected to
temperatures beyond the boiling point (135 – 1590 C) and made to stand at the temperature for a very short duration (2 – 4 seconds), before bringing it down suddenly to the room temperature. The resulting milk is all void of germs and bacteria has a longer shelf life (3 - 6 months) and is enriched with nutrients as much as the raw milk is. Once the packaging is opened, the milk has to be refrigerated and consumed within three days.
The longer shelf life itself is a huge selling point of UHT milk. The major set of consumers of UHT milk is naturally of the ones who require storage of milk for longer durations. The hectic life of the working class population, especially in urban areas has popularized the act of bulk-buying groceries. Logically, the ones that have a longer shelf life have higher demands.
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Global UHT Milk Market
The global market of UHT milk has seen many mergers and acquisitions in the past few years. This has granted the market a highly volatile nature in terms of market competition. Popularity of many private labels in regional markets has raised the bar of price competition, particularly in countries such as France, Spain, Germany, U.K., and Italy.
The world’s urban population is on a constant rise and so is the shift in consumer choices. From the earlier preferred farm-fresh products to the currently popular packaged products, products like UHT milk are most preferred by the urban population. The cheaper rates of UHT milk than that of pasteurized milk are adding to the growth of this market, especially in weaker economic segments of the world.
The rising overall world population coupled with the rise in per capita income in countries such as India, China, and Pakistan also provides huge growth opportunities for the global UHT milk market. In China, the demand is particularly high. The share of UHT milk is around 60% of the total milk consumption.
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with a highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
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Global UHT Milk Market
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
About Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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