Gloabl Uht Milk Market - Market Analysis and Forecast, 2019

Submitted by: Submitted by

Views: 10

Words: 3684

Pages: 15

Category: Business and Industry

Date Submitted: 10/09/2015 03:50 AM

Report This Essay

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...