Market Overview:
The global low temperature pasteurized milk market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for low temperature pasteurized milk products, especially in developed countries. Low temperature yogurt is witnessing high demand due to its health benefits, while fresh milk is being increasingly used as a key ingredient in various food items. Offline channel accounted for the majority of the share in terms of revenue in 2017 and is expected to maintain its dominance during the forecast period.
Product Definition:
Low Temperature Pasteurized Milk is milk that has been pasteurized at a lower temperature than regular milk. It is important because it helps to prevent the growth of bacteria in the milk.
Low Temperature Yogurt:
Low temperature yogurt is a food product prepared by the bacterial culture fermentation of milk. It has several benefits over regular yogurt and other dairy products such as increased calcium content, easier digestion, and lower fat content. The process also eliminates the risk of Lactobacillus species causing intestinal inflammation (gastrointestinal issues).
The global low temperature yogurt market was valued at USD 2.5 billion in 2015.
Low Temperature Fresh Milk:
Low temperature fresh milk is a process to preserve the nutritional value of milk by keeping it away from bacteria growth and oxidation. The product has been made available in the market with different brand names such as Amul, Arla, Alouette etc. This low temperature fresh milk is pasteurized by either heating it at 40-45 degrees or below 4 degrees Celsius.
The major drivers for this industry are increasing demand for dairy products especially among the urban population.
Application Insights:
Offline channel was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Offline channels mainly include supermarkets, hypermarkets, retail stores and convenience stores. The offline channel is estimated to be the major contributor towards revenue growth during the forecast period as LTP MMK has a wider scope of application in this channel as compared to online channels.
Online Channel (OP) is projected to be fastest growing application segment from 2018 to 2030 owingto increasing penetration of LTP MMK products in e-commerce platforms coupled with rising demand for fresh milk across developing countries such as India, China and Bangladesh among others which are yet untapped markets for manufacturers. Owing t o these factors industry players are focusing on expanding their presence in online channels at a rapid pace which would eventually drive product demand over next few years.
Regional Analysis:
Europe dominated the global low temperature pasteurized milk market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period. Increasing demand for dairy products with reduced levels of bacteria is one of the major factors driving growth in this region. Furthermore, increasing awareness regarding health benefits associated with LTPML coupled with rising consumer preference for online shopping due to convenience factor are some other factors contributing toward regional growth.
North America has also been witnessing a steady rise in demand for LTPML as consumers prefer products free from chemicals and additives along with a consistent level of nutrition, which can be obtained through regular use of such products in their daily diet plans.
Growth Factors:
- Increasing demand for low temperature pasteurized milk from the food and beverage industry as a healthier and safer alternative to traditional pasteurized milk.
- Rising consumer awareness about the health benefits of low temperature pasteurized milk over traditional pasteurized milk.
- Growing demand for organic and specialty low temperature pasteurized milks from health-conscious consumers.
- Increasing number of dairy farms adopting low temperature pasteurization technology to meet the growing demand for premium quality milk products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Temperature Pasteurized Milk Market Research Report
By Type
Low Temperature Yogurt, Low Temperature Fresh Milk
By Application
Offline Channel, Online Channel
By Companies
Bright Dairy & Food Co., Ltd., Yili Group, Mengniu, Hartzler Family Dairy, New Hope Dairy, Sanyuan, Meiji, Snow Brand Milk Products, CLASSY.KISS, Yantang, Chenguang Dairy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Low Temperature Pasteurized Milk Market Report Segments:
The global Low Temperature Pasteurized Milk market is segmented on the basis of:
Types
Low Temperature Yogurt, Low Temperature Fresh Milk
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Offline Channel, Online Channel
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bright Dairy & Food Co., Ltd.
- Yili Group
- Mengniu
- Hartzler Family Dairy
- New Hope Dairy
- Sanyuan
- Meiji
- Snow Brand Milk Products
- CLASSY.KISS
- Yantang
- Chenguang Dairy
Highlights of The Low Temperature Pasteurized Milk Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Temperature Yogurt
- Low Temperature Fresh Milk
- By Application:
- Offline Channel
- Online Channel
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Low Temperature Pasteurized Milk Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Low temperature pasteurized milk is milk that has been heated to a low temperature and then quickly cooled so that the milk does not form large clumps or curds. This process helps to prevent bacteria from growing, which can make the milk unsafe to drink.
Some of the major companies in the low temperature pasteurized milk market are Bright Dairy & Food Co., Ltd., Yili Group, Mengniu, Hartzler Family Dairy, New Hope Dairy, Sanyuan, Meiji, Snow Brand Milk Products, CLASSY.KISS, Yantang, Chenguang Dairy.
The low temperature pasteurized milk market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low Temperature Pasteurized Milk Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Low Temperature Pasteurized Milk Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Temperature Pasteurized Milk Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Low Temperature Pasteurized Milk Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Low Temperature Pasteurized Milk Market Size & Forecast, 2018-2028
4.5.1 Low Temperature Pasteurized Milk Market Size and Y-o-Y Growth
4.5.2 Low Temperature Pasteurized Milk Market Absolute $ Opportunity
Chapter 5 Global Low Temperature Pasteurized Milk Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Low Temperature Pasteurized Milk Market Size Forecast by Type
5.2.1 Low Temperature Yogurt
5.2.2 Low Temperature Fresh Milk
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low Temperature Pasteurized Milk Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Low Temperature Pasteurized Milk Market Size Forecast by Applications
6.2.1 Offline Channel
6.2.2 Online Channel
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Temperature Pasteurized Milk Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Low Temperature Pasteurized Milk Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Low Temperature Pasteurized Milk Analysis and Forecast
9.1 Introduction
9.2 North America Low Temperature Pasteurized Milk Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Low Temperature Pasteurized Milk Market Size Forecast by Type
9.6.1 Low Temperature Yogurt
9.6.2 Low Temperature Fresh Milk
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Low Temperature Pasteurized Milk Market Size Forecast by Applications
9.10.1 Offline Channel
9.10.2 Online Channel
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Low Temperature Pasteurized Milk Analysis and Forecast
10.1 Introduction
10.2 Europe Low Temperature Pasteurized Milk Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Low Temperature Pasteurized Milk Market Size Forecast by Type
10.6.1 Low Temperature Yogurt
10.6.2 Low Temperature Fresh Milk
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Low Temperature Pasteurized Milk Market Size Forecast by Applications
10.10.1 Offline Channel
10.10.2 Online Channel
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Low Temperature Pasteurized Milk Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low Temperature Pasteurized Milk Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Low Temperature Pasteurized Milk Market Size Forecast by Type
11.6.1 Low Temperature Yogurt
11.6.2 Low Temperature Fresh Milk
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Low Temperature Pasteurized Milk Market Size Forecast by Applications
11.10.1 Offline Channel
11.10.2 Online Channel
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Low Temperature Pasteurized Milk Analysis and Forecast
12.1 Introduction
12.2 Latin America Low Temperature Pasteurized Milk Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Low Temperature Pasteurized Milk Market Size Forecast by Type
12.6.1 Low Temperature Yogurt
12.6.2 Low Temperature Fresh Milk
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Low Temperature Pasteurized Milk Market Size Forecast by Applications
12.10.1 Offline Channel
12.10.2 Online Channel
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Low Temperature Pasteurized Milk Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low Temperature Pasteurized Milk Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Low Temperature Pasteurized Milk Market Size Forecast by Type
13.6.1 Low Temperature Yogurt
13.6.2 Low Temperature Fresh Milk
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Low Temperature Pasteurized Milk Market Size Forecast by Applications
13.10.1 Offline Channel
13.10.2 Online Channel
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Low Temperature Pasteurized Milk Market: Competitive Dashboard
14.2 Global Low Temperature Pasteurized Milk Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bright Dairy & Food Co., Ltd.
14.3.2 Yili Group
14.3.3 Mengniu
14.3.4 Hartzler Family Dairy
14.3.5 New Hope Dairy
14.3.6 Sanyuan
14.3.7 Meiji
14.3.8 Snow Brand Milk Products
14.3.9 CLASSY.KISS
14.3.10 Yantang
14.3.11 Chenguang Dairy
