UHT Processing Market Key Highlights, Drivers, Growth Opportunities, Leading Players, and Revenue Forecast – 2027
The UHT processing market is estimated at USD 4.6 billion in 2022; it is projected to grow at a CAGR of 13.4% to reach USD 8.6 billion by 2027. UHT treatment of products would destroy any harmful microorganisms. Consumers are more concerned with products’ food safety considerations, hence this factor has gained popularity. The increasing popularity of the UHT treatment has the potential to drive the UHT processing market to grow even more over the coming years.
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Opportunity: Emerging markets in Asia Pacific, African, and South American countries
Global population growth is increasing the pressure on developers to manufacture, extract, and maintain limited resources. Low-income customers are being impacted by increased food prices as a result of high energy and raw material costs. Water scarcity is adding the pressure on food supplies, especially in Northern Asia and Africa. Therefore, improvements in science and technology considerably contribute to the expansion of food and beverage shelf life. The market size for the product is also expanding, notably in nations like Zambia, Botswana, and Namibia, where the demand for selling UHT processing equipment to the smallest food and beverage manufacturers is also increasing
Urbanization and globalisation have grown throughout time, increasing literacy and exposure to industrialised nations through foreign media, overseas employment opportunities, and travel. This has brought about a change in the mindset and preferences of urban people in developing countries. The prevalence of nuclear double-income families, particularly in urban areas, is a trend that is influencing these shifting lifestyles. The demand for ready-to-cook and ready-to-eat food has expanded as a result of busy lifestyles and shifting consumption habits. This has raised brand awareness and, in turn, increased use of UHT processing equipment.
The liquid segment dominated the UHT processing market, with highest market share during the forecast period of UHT Processing market.
As liquid products have low viscosity, they can pass easily through the heat exchangers. The process control such as flow rates can be handled easily for a liquid product to maintain the product temperature. Products such as milk, cream, ice cream mixes, beverages, beer, beer wort, beverages with pulp, and purees are commonly processed using UHT treatment. Thus, their market share is higher during the forecast period of UHT Processing market.
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Milk and dairy desserts were the major applications in the UHT processing market, combined having majority of the market share in the by application segment.
Milk and milk products is the most commonly processed product for UHT treatment, as milk is highly perishable and has high demand. Temporary surpluses due to seasonal variations can be covered by subjecting milk to UHT treatment and can be stored for off season. Thus UHT processing can help industries to stabilize their demand and supply chain in all seasons.
Europe was the most prominent region for the UHT processing market, occupying majority of the market share in the region segment of UHT Processing market.
UHT milk is also one of the most preferred choices of processed milk form in the European countries, due to several advantages associated with it. Europe is also home for large dairy corporations such as Lactalis, Danone, Savencia, and others. These companies prefer Hi-tech technology with higher efficiency. Thus the market for UHT processing equipment manufacturers in these region is accounted high.
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The UHT Processing market consists of a few globally established players such Tetra Laval (Switzerland), GEA Group (Germany), Alfa Laval (Sweden), SPX Flow (US), Elecster Oyj (Finland), Shanghai Triowin Intelligent Machinery Co., Ltd (China), Microthermics, Inc (US), Reda S.P.A. (Italy), Shanghai Jimei Food Machinery Co. Ltd (China), Proxes Gmbh (Germany), Goma (India), JBT (US), Neologic Engineers Private Limited (India), Highland Equipment Inc. (Canada), and Krones Ag (Germany). Companies are focusing developing technology and efficiency to provide their customers a hi-tech processing equipment’s. The companies are also focusing on providing after sale maintenance and spare part services, as a stratergic approach to strengthen their market position.
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