GCC UHT Milk Market Overview:
The GCC UHT milk market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Ultra-high temperature (UHT) milk is specially pasteurized milk produced by the UHT processing technique to ensure safety and long shelf-life. Its processing involves rapid heating of the milk to higher temperatures, followed by immediate cooling to ambient temperature to kill spores, germs, and harmful micro-organisms. It is produced from various animal- and plant-based sources, such as cows, goats, buffalo, almonds, coconut, and soy. UHT milk is rich in several essential nutrients, including vitamins A and B12, protein, carbohydrates, riboflavin, zinc, calcium, and magnesium. It is widely used for food processing, direct drinking, infant formula, dairy products, beverages, and bakery items.
The rising consumer awareness regarding various product benefits, such as extended shelf-life, high nutrient content, enhanced safety, improved quality, less processing time, no added preservatives, and unique aseptic packaging to prevent contamination, are among the key factors driving the market growth in the GCC region. In addition to this, rising demand for packaged milk products and on-the-go beverages among the masses due to hectic schedules and changing consumer preference towards health and easy-to-use products are acting as another growth-inducing factor. Furthermore, several product manufacturers are investing heavily in establishing new UHT innovation centers in the region to minimize costs, improve processing time, reduce dependency on foreign facilities, and efficiently test new products, which, in turn, is positively influencing the market growth. Additionally, the recent development of innovative packaging solutions, such as polyethylene terephthalate (PET) bottles covered with a metalized sleeve that extends shelf-life, provides an oxygen barrier, maintains pressure stability, reduces light-permeability, preserves nutritional contents, and retains the taste, is providing an impetus to the market growth. Moreover, increasing product utilization in the dairy industry to produce butter, cheese, milk powder, yogurt, and ice cream is favoring the market growth. Other factors, including rising expenditure capacities of consumers, easy product availability across e-commerce platforms, the introduction of new flavors, and rising health consciousness among the masses, are anticipated to drive the market growth.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC UHT milk market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC UHT milk market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC UHT milk market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the GCC UHT milk market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC UHT milk market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC UHT milk market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC UHT milk market industry. Furthermore, the value chain analysis of the GCC UHT milk market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
GCC UHT Milk Market Segment Insights:
The GCC UHT milk market has been analysed as followed:
By Type:
By Distribution Channel:
By Country:
Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.
Competative Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of the leading players operating in the market are:
Highlights of the GCC UHT Milk Market Report:
Report Customisation:
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