Global UHT Milk Market (Size of $84 Billion in 2014) to Witness 14% CAGR during 2015 – 2020

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Global UHT Milk Market (Size of 84 Billion in
2014) to Witness 14 CAGR during 2015 2020
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UHT Milk Market
The lack of refrigeration facilities in the
developing countries, and increasing busy
schedules of people are key growth drivers for
the global UHT milk market. The Asia-Pacific UHT
milk market is expected to witness the fastest
growth, with a CAGR of 20.6 during 2015 2020.
The whole variant is expected to witness fastest
growth with a CAGR of 14.4 during the forecast
period. The supermarkets and hypermarkets
dominated the sales among distribution channels
in the global market. Explore Report Description
With Detailed TOC https//www.psmarketresearch.co
m/market-analysis/uht-milk-market
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UHT Milk Market
Milk is one of the essential food products
consumed in every family. However, owing to the
perishable nature, regular liquid milk is not
purchased by the end-users in large volumes.
Therefore, UHT milk is consumed worldwide, as an
alternative to regular milk. The evolving
consumer trends, such as on-the go consumption of
milk is also boosting the growth of the global
market of UHT milk. Earlier, milk was usually
consumed during the breakfast or dinner. However,
during the past few years, a shift in dietary
trends has led to its pervasive consumption.
Now-a-days, milk is consumed by individuals while
in school, playground, gymnasium, and office. The
government in many countries has been providing
milk to children for promoting their growth. The
sports and business people carry milk, in order
to consume it on-the-go. This trend has affected
the growth of the global UHT milk market in
positive terms, as they can be carried safely to
places without the need for refrigeration.
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UHT Milk Market
The information and data in the publication
Global UHT Milk Market Size, Share, Development,
Growth and Demand Forecast to 2020 Industry
Insights by Segment (Whole, Semi-Skimmed,
Skimmed), by Distribution Channel represent the
research and analysis of data from various
primary and secondary sources. A Bottom-up
approach has been used to calculate the global
UHT milk market by segment. The market numbers
for countries are obtained through top-down
approach. PS Market Research analysts and
consultants interact with leading companies of
the concerned domain to substantiate every value
of data presented in this report. The company
bases its primary research on discussions with
prominent professionals and analysts in the
industry, which is followed by informed and
detailed, online and offline research. Browse
Related Research https//www.psmarketresearch.com
/industry-report/consumer-products
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UHT Milk Market
With the increasing urbanization, the adoption of
several trends related to lifestyle and
well-being are in practice within the developing
countries of Asia-Pacific, Middle East, and
Africa. The growing apartment culture in
countries, such as China and India is influencing
the consumers to use products with larger shelf
life. UHT milk accounts for approximately 60
share of the total milk consumption in China. The
weaker economic conditions in Europe have
propelled the demand for cheaper products in the
past few years. Milk being one of the inherent
parts of everyday meal for the majority of
European population, its affordability is
important for most of the households. The private
label UHT milk brands offered by supermarkets and
hypermarkets are relatively cheaper than, those
offered by established brands. This offsets the
negative impact of economic slowdown, as the
consumers have an option to switch towards the
substitutes of their preferred brand in the
economically crunch situation.
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UHT Milk Market
The major companies operating in the global UHT
milk market include Nestle SA, Groupe Lactalis
S.A., Fonterra Co-Operative Group Limited, Danone
Limited, Grupo Lala, S.A.B. de CV, Sodiaal Group,
Inner Mongolia Yili Industrial Group Co. Ltd.,
China Mengniu Dairy Company Limited, Devondale
Murray Goulburn Co-Operative Co. Limited.
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UHT Milk Market
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