The latest report by IMARC Group, titled “UHT Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the UHT milk market reached a value of US$ 149 Billion in 2017, growing at a CAGR of 6.8% during 2010-2017. UHT refers to Ultra High Temperature pasteurisation which is used to treat fluid milk so as to remove the germs and bacteria present in it while preserving the essential nutrients and vitamins. UHT milk is then packed in aseptic containers which help to prevent the further growth of any harmful microorganisms. These UHT milk packs have a high shelf life and can last for several months at room temperature. Looking forward, the market is expected to reach a value of  US$ 217 Billion by 2023.

Highlights of the global UHT milk market:

• Ease of use and transportation remain the major growth inducing factors.
• The European Union represents the largest consumer, accounting for the majority of the total market share.
• Asia, and Middle East and Africa are the fastest growing markets.

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The report has examined the global UHT milk market on the basis of:

Region:

• European Union
• Asia
• North America
• Latin America
• Eastern Europe
• Middle East and Africa

Major Manufacturers:

• Lactalis Group
• Nestlé
• Fonterra
• Danone
• Arla Foods

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