ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research announces the release of a report titled “UHT Milk Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019”. According to the report, the value of the global UHT milk market is projected to grow from US$60.8 billion in 2012 to US$137.7 billion by 2019, at a 12.8% CAGR therein.
The market for UHT milk is driven by factors such as growing influence of the Western Culture on numerous emerging economies, presence of private label companies offering low-priced brands, and change in dietary trends. In contrast, prevalence of an unorganized market and consumer concerns over loss of nutritional value are likely to hamper the growth of the UHT milk market.
Geographically, the global UHT milk market is divided into North America, Europe, Asia Pacific, and RoW. Europe was the largest market for UHT milk in 2012. However, rise in urban population is projected to make Asia Pacific the fastest developing regional market for UHT milk by 2019.
According to the report, more than 60% of total milk consumed in China is estimated to be UHT milk. Even though the share of UHT milk was a mere 10% of total milk consumption in 2012, Australia has been identified as a key market with immense potential for growth.
Some of the leading global and local companies operating in the UHT milk market are Unternehmensgruppe Theo Müller GmbH & Co. KG, Danone Group, Parmalat S.p.A, Bongrain SA, Arla Foods, DMK Deutsches Milchkontor GmbH, Sodiaal Group, Fonterra Co-operative Group Limited, Dairy Partners Americas Brasil Ltda., Nestle SA, Inner Mongolia Yili Group Company Limited, Murray Goulburn Co-operative Co. Limited, Candia, Lactalis Group, and Grupo Lala, S.A.B. de C.V.
- Omega 3 Ingredients Market: http://www.transparencymarketresearch.com/global-omega-three-market.html
- Alternative Sweetener Market: http://www.transparencymarketresearch.com/alternative-sweetener-market.html
Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.