Report ID: UCMIG30I2167
Report ID:
UCMIG30I2167 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global ultra high temperature milk market was worth $53.4 billion in 2018 and is expected to grow at a 7.8% CAGR from 2019 to 2025. Ultra extreme temperature (UHT) dairy is sterilised milk made by warming raw milk over 135 degrees Celsius in order to eliminate germs and spores. Because the method preserves important nutrients and vitamins, it is suitable for human consumption. The global market is being driven by the higher shelf lifespan of milk made with UHT for over three months without the addition of preservatives, as well as its ready-to-drink consumption.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Packaged Foods & Meats by segment aggregation, the contribution of the Packaged Foods & Meats in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG30I2167