The global UHT processing market size is likely to attain over USD 49 billion by the year 2028. Besides, it is likely to project a CAGR of nearly 28% during the forecast years 2021-2028. UHT processing is a food processing technology that uses high temperatures to sterilize liquid food. It is primarily used in the processing of milk. UHT processing can also be used for different products which includes fruit juices, soy milk, wine, yogurt, cream, soups, honey, and stews, and others. UHT processing is a integration of sterilizer and an aseptic unit. Maximum microorganism destruction is achieved with minimal chemical changes in the food and beverage product during UHT processing. Optimal temperature and processing time are used for various products.
Due to COVID-19, consumers are looking to boost their immunity. This quest for products with health benefits creates opportunities for developing UHT-based health drinks. Technical expertise is regarded as a key differentiator within the beverage processing equipment sector to attain higher margins. Companies invest in innovation, which is a key factor for the overall growth of the industry. However, the high cost of installing UHT plants hamper the increasing demand for this technology.
The report also emphasizes several distinctiveness of the global augmented analytics industry by valuing the market from value chain breakdown. Moreover, the report encompasses numerous qualitative features of the UHT processing industry which comprises market restraints, drivers, as well as key industry opportunities. Furthermore, the report offers an inclusive evaluation of the company profiling along with the market rivalry of local and global vendors.
The UHT processing market has tough competition among the new emerging and pre-established market vendors. Besides, the augmented analytics industry vendors are trying to capture the prospective markets to grab a competitive advantage over the remaining industry vendors. To capture the market, market players are forming agreements, acquiring other companies & startups, mergers & acquisitions, partnerships & collaboration, and escalating their business existence.
In terms of applications, the market is segmented into dairy alternatives, dairy desserts, milk, juices, and soups. The milk segment gathered the major market share in 2020 and it is likely to maintain its dominance throughout the forecast years. The growth of this segment is attributed to a surge in demand for milk across the world boosting the growth of the segment.
Asia Pacific is expected to be one of the fastest growing regions with India the global market. This is owing to rapid urbanization, higher living standards, and increase in consumption of on-the-counter products. However, Europe region is likely to account for the maximum market contribution during the forecast years. The domination of this region is largely ascribed to the considerable consumption of milk and dairy items.
The major players of the global augmented analytics market are Tetra Laval International S.A. (Tetra Laval), SPX Flow GEA Group, Alfa Laval, and Elecster Oyj, Shanghai Triowin Intelligent Machinery, Microthermics, REDA S.P.A., Shanghai Jimei Food Machinery, and TESSA I.E.C Group.
Key Segments of the Global UHT Processing Market
Mode of Equipment Operation Overview, 2019-2028 (USD Million)
- Direct UHT Processing
- Indirect UHT Processing
End-Product Form Overview, 2019-2028 (USD Million)
Application Overview, 2019-2028 (USD Million)
- Dairy Alternatives
- Dairy Desserts
Regional Overview, 2019-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America