The UHT processing market is projected to grow at a CAGR of 12.87%

LONDON, Feb. 27, 2018 /PRNewswire/ -- The UHT processing market is projected to grow at a CAGR of 12.87%.
The UHT (ultra-high temperature) processing market, is estimated to be valued at USD 2.57 billion in 2017, and is projected to reach 4.71 billion by 2022, at a CAGR of 12.87% from 2017 to 2022. The increasing demand for food & beverage products with an extended shelf life, marginal nutritional changes in products such as milk, and reduction in logistics and storage cost are the factors driving this market. High capital investment is a major restraint for the growth of this market.



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Indirect segment led the market with the largest share in 2016.
The indirect segment dominated the market for UHT processing in 2016. In indirect UHT processing, the product and the heating medium are not in direct contact with each other, but are separated by the contact surfaces of the equipment. The heating mediums for these types of equipment are either tubular heat exchangers or plate heat exchangers. The indirect UHT processing equipment is an energy-efficient system, which costs lesser than direct UHT processing equipment, and hence is highly preferred, which in turn is driving the market for UHT processing.

Milk segment is projected to be the fastest-growing, by application, from 2017 to 2022.
The UHT processing market, by application, was dominated by the milk segment in 2016. UHT processing for milk was developed in order to minimize damage to milk components, which are otherwise caused by in-container sterilization processes. Additionally, the HTST process provides milk with a refrigerated shelf life of about two to three weeks, whereas UHT processing allows milk to have a longer shelf life of approximately two to three months. Therefore, the increasing demand for extended shelf life products is aiding the growth of UHT treated milk products, thereby driving the market growth.

Europe led the UHT processing market with the largest share in 2016.
Europe was the most prominent region for the UHT processing market, occupying the largest market share in 2016, with France, Germany, Spain, and Italy being the major countries of the region. The market for UHT processing in the region has been propelled by a large consumer base for such products, with most of the population taking to drinking UHT processed milk.

In countries such as Spain, where temperatures remain higher in comparison to other countries in the region, the market for UHT products is popular, as the consumption of shelf-stable UHT milk helps save on refrigeration costs. The Asia Pacific market is projected to be the fastest-growing from 2017 to 2022, and is driven by China, Australia, and New Zealand; this can be attributed to the rise in awareness among consumers in these countries about UHT treated products and their benefits.

The breakdown of the primaries on the basis of company type, designation, and region, conducted during the research study, is as follows:
• By Company type: Tier 1 – 40%, Tier 2 – 20%, and Tier 3 – 40%
• By Designation: C Level – 40%, Director Level – 20%, Manager Level – 40%
• By Region: North America – 20%, Europe – 20%, Asia Pacific – 40%, and RoW – 20%

Key UHT processing equipment providing players include the following:
• Tetra Laval International (Switzerland)
• GEA Group (Germany)
• Alfa Laval (Sweden)
• SPX Flow
• Elecster (Finland)

The key players in the UHT processing market adopted new product launches as their key growth strategy to increase their market shares and profits. Acquisitions accounted for the second-highest percentage of the total developments, followed by expansions & investments.

Research Coverage
The report analyzes the UHT processing market across different mode of equipment operations and regions. It aims at estimating the market size and future growth potential of this market across different segments such as end-product form, application, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall UHT processing market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report will also help the stakeholders to understand the market and provide them information on key market drivers, restraints, challenges, and opportunities.

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