A Radical Shift to PET Packaging in UHT Product Packaging:
Dairy products and its alternatives largely rely on ultra pasteurization and sterilization processes to maintain the longevity of products. The ultra-high-temperature (UHT) processing market is leveraging this necessity as the process is conventional and most preferred dairy treatment method in the global food and beverage industry. As far as the UHT product processing is concerned, product packaging is the foremost concern of manufacturers since it increases the shelf-life of the subsequent product. Unlike the conventional method of packaging, polyethylene terephthalate (PET) packaging is widely adopted in the manufacturing procedure of several food industries such as dairy products, soy milk products, sterilized milk, and many more. Glass containers are a reliable and environmentally safe product, but with a high risk of breaking and shattering. Aseptic packaging like PET packaging is an alternative to glass and plastics and it is light-weight, recyclable, shatterproof, non-reactive, and cost-effective, thereby gaining a remarkable place in the UHT processing industry.
The global UHT Processing Market size stood at $3.3 billion in 2018, facilitated by huge growth of the dairy and dairy alternatives industry. Besides, UHT processing is highly reliable because it considerably elevates the product’s shelf-life which also contributes to this growth. Furthermore, UHT-based frozen desserts, ready-to-eat soups, and juices remarkably influence the global UHT processing market growth. Also, the frozen dessert market leveraged a revenue of $32 billion-$34 billion in 2018. This huge economic output also manifests the profit gained by the UHT processing industry owing to its huge application to increase the shelf-life of frozen desserts. Concurrently, the UHT processing market is anticipated to grow at a CAGR of 12.3%, during the forecast period of 2019-2025.
Geographical Outlook of the UHT Processing Market:
North America holds a dominant place in the global UHT processing market and contributed a regional share of 37% in 2018. Growth in the dairy industry is accompanied by the increasing consumption of dairy products in this region. As a result, the food and dairy industry requires UHT processing to extend the shelf-life of products and eliminate microbial contamination. Approximately 55.7 billion pounds of milk was produced in the U.S. during April-June 2019. This is reflective of the need for safe UHT treatment to process liquid milk and other milk products such as cheese, butter, flavored milk, and others in this region. Further, the U.S. recorded the sales of 3.4 billion pounds of fluid milk products in June 2019. This signifies the huge prospect of the UHT processing market depending upon the production of milk products in this region. Consequently, the sales and production of the milk and milk products in North America drives the domestic UHT processing market growth.
Increased Shelf Life Contributing to Reduce Wastage:
The global food and beverage industry is expanding remarkably in recent times aided by increasing demand from customers across the globe. However, production to consumption procedure is a time-consuming affair, owing to which manufacturers rely on methods and technologies that support the increase of product shelf-life. UHT processing has gained huge acclamation in the modern food and beverage industry, due to the most prominent shelf-life promoting treatments. Moreover, enhancing the shelf-life of the product also reduces the wastage of food and drinks thereby, upheaving the growth of the UHT processing market. Nearly 330,000 tons of milk is lost durin
Growing Dairy Industry Influencing the UHT Market Demand:
The global dairy industry is experiencing huge growth with the increase in milk production in recent times, resultantly, it will uplift the UHT processing market significantly. The global milk production has hiked up to 58% in the last three decades and reached 828 million tons in 2017, with India, the U.S., China, Pakistan, and Brazil as its largest contributors. Concurrently, this statistic is reflective of the positive prospect of the UHT processing market for sterilization, pasteurization and other raw milk treatment methods. Moreover, dairy alternatives are also gaining demand simultaneously throughout the world, which also requires UHT processing before distribution. The global dairy alternatives market earned a revenue of $10 billion in 2018, which highlights the resulting profit of the UHT processing market. Also, the application of UHT processing in the milk industry to produce sterilized milk and milk products is projected to grow at 5.7% CAGR through to 2025.
Key Competitors in the UHT Market:
The ultra-pasteurization technique is beneficial in the production and packaging of several dairy products, frozen desserts, ready-to-eat soups, and juices. This opens up opportunities for the key companies in the global UHT processing market to acquire huge economic profit. Resultantly, this profit contributes to the UHT processing market share by major companies such as Tessa I.E.C Group Ltd., Tetra Laval International S.A, Alfa Laval, Elecster Oyj, MicroThermics, Reda S.P.A, Shanghai Jimei Food Machinery, SPX Flow, Stephan Machinery GmbH, GEA Group, and others.
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare
Mr. Venkat Reddy
Contact Sales: (+91) 40-485-49062