The new report by Expert Market Research titled, ‘Global UHT Processing Market Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the global UHT processing market, assessing the market based on its segments like methods, end-product form, application, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2022): USD 3.7 billion
• Forecast CAGR (2023-2028): 12.2%
• Forecast Market Size (2028): USD 7.4 billion
UHT treatment is used for several food applications like milk, flavoured milk, creams, soya milk, sauces, soups, and baby foods. The use of UHT treatment helps in meeting two major goals in the food and beverage industry: the destruction of microorganism and leading to minimal chemical changes in the product. UHT processing technology is being increasingly deployed for heat-treating milk to increase its shelf life and enabling transportation without refrigeration.
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During the COVID-19 lockdown period, dairy companies like AMUL witnessed a sudden spike in the demand for Ultra High Temperature (UHT) milk, and this ultimately supported the UHT processing market growth in 2020. The UHT processing market is expected to be aided by the increasing demand for high-quality milk and other products like juices in the coming years as well.
Industry Definition and Major Segments
UHT processing is a food processing technology that sterilizes liquid food by heating it in a temperature range of 137° C to 150° C, followed by rapid cooling and packing the food in a sterile container. The use of UHT processing provides several benefits, including high-quality and longer shelf-life.
The global UHT processing market is divided based on the method type as:
• Direct Processing
• Indirect Processing
By end-product form, the market has been classified into:
• Liquid
• Semi-liquid
UHT processing is used for several applications like milk and dairy products, juices, wine, and others.
The market has also been segmented based on the regions like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Trends
The global food and beverage industry is growing at a healthy pace, driven by the increasing population and the inclination towards high-quality food products. The increasing deployment of ultra-high temperature (UHT) production line in food and beverage companies is favouring the market growth.
Also, the growing demand for milk and other food items packed in small sizes is also being seen in the market. In 2018, JBT, a US-based food processing machinery manufacturer launched SteriCompact UHT processing system to meet the demand for smaller pack sizes in countries like India and Brazil.
Key Market Players
The major players in the market are Tetra Laval International S.A., MicroThermics Inc., Stephan Machinery GmbH, Shanghai Triowin Intelligent Machinery Co., Ltd., and Reda S.p.A.. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
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