Dairy Processing Equipment Market was valued at USD 10260 million in 2021 and is expected to reach USD 15020 million by the year 2028, at a CAGR of 5.6%.
Growing demand for packaged and nutritious dairy products by consumers is driving the global market for dairy processing equipment. the use of dairy processing machinery to create a variety of goods, including processed milk, cream, yoghurt, butter, and others. The expansion of the dairy industry and customer shifts in taste and preferences are also important market factors. The market is expanding quickly because to rising customer demand for healthy products that are reduced in sugar, fat, and cholesterol, as well as having novel flavours and tastes. Additionally, a rise in the consumption of milk products would change the market size due to their high nutritional value.
The demand for dairy processing equipment may increase as consumer dietary habits change and there is a greater demand for products like cheese, cream, and yoghurt to create nourishing recipes. For instance, a research report estimates that the global market for milk and milk products reached 835 million tonnes in 2017. Additionally, the US Dairy Export Council Analysis projects that by 2020, global milk output would increase by almost 11%, with the EU producing 15.4 million metric tonnes (16.97 million tonnes) more than it did in 2013.
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The Major Players in The Global Dairy Processing Equipment Market:
- SPX FLOW Inc.
- Tetra Laval International S.A.
- GEA Group
- Van Den Heuvel Dairy
- Food Equipment Dairy
- Krones AG
- Alfa Laval Corporates
- John Bean Technologies Corporation
- IDMC Ltd.
- Scherjon Dairy Equipment Holland B.V.
- Coperion GmbH.
- IMA Industria Machine Automatiche SPA
- Paul Mueller Company
- Feldmeier Equpment Inc.
- Caloris Engineering LLC and other Major Players.
Market has segmented the Global Dairy Processing Equipment Market on the basis of Type, Application, and region:
By Product Type:
- Membrane Filtration Equipment
- Homogenizers
- Separators
- Mixing and Blending Equipment
- Pasteurizers
- Churning Equipment
- Evaporators and Dryers
- Other
By Application:
- Milk Powders
- Cream
- Processed Milk
- Cheese
- Protein Concentrates
- Yogurt
OtherBy Regional Outlook (Revenue, USD Billion, 2022 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
Since the COVID-19 virus outbreak in December 2019, the disease has spread over the globe. The World Health Organization announcing it as a public health urgency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the dairy processing equipment market in 2020. The outbreak of COVID-19 has brought effects on many aspects, such as flight cancellations, interruptions in traveling and quarantines, restaurants and hotels closed, all indoor/outdoor events restricted, over forty economies state of emergency declared, huge slowing of the supply chain, stock market inconstancy, falling business confidence, growing panic among the individuals, and uncertainty about future.
Reasons to purchase the report:
- Visualize the composition of the Global Dairy Processing Equipment Market products in terms of Product and application highlighting the critical commercial assets and players.
- Identify commercial opportunities in the Global Dairy Processing Equipment Market by analyzing trends and co-development deals.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Operation
3.3 By Application
To be continued…….
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