Submitted by: Submitted by justinbarnes12
Views: 10
Words: 3684
Pages: 15
Category: Business and Industry
Date Submitted: 10/09/2015 03:50 AM
Global Market Study on UHT Milk: Asia Pacific to Witness
Highest Growth by 2019
Persistence Market Research
Global UHT Milk Market Will Reach USD
137.7 billion in 2019 - Persistence Market
Research
Persistence Market Research
1
Global Market Study on UHT Milk: Asia Pacific to Witness
Highest Growth by 2019
Persistence Market Research Released New Market Report “Global Market Study on UHT
Milk: Asia Pacific to Witness Highest Growth by 2019,” the global UHT Milk market
was valued at USD 60.8 billion in 2012 and is expected to grow at a CAGR of 12.8% from
2013 to 2019, to reach an estimated value of USD 137.7 billion in 2019.
Less refrigeration space is making UHT milk the best alternative of preservation. Fresh milk
needs refrigeration to prevent it from being spoiled by bacteria. Even under refrigeration,
fresh milk can be preserved for only a few days. Cold chains or chill chains are required
throughout the procurement of milk from dairy farms until it is stored, processed, packed
and delivered to the customers. India and China, two of the largest consumers of milk
globally, lack chill chains or refrigeration chains. Poor road infrastructure in India remains
another restraint in the development of chill chains in the country.
Request Sample Report: http://www.persistencemarketresearch.com/samples/2890
Increasing influence of western culture is also escalating the demand for UHT milk market
globally. The changing consumer habits in favor of packaged food products in the populous
Asian countries are increasing the consumption of UHT milk in the region. This has also
resulted in rise in the apartment culture in these countries, where people generally stock
packaged food and beverage items. In the western countries, consumers prefer to stock
packaged and processed food items due to their longevity and ease of use.
The degree of competition is quite high in the UHT milk market. Companies in the market
are engaged in price wars as reduction in the price of UHT...