The Global Dairy Processing Equipment Market size is expected to reach USD 14.81 Billion in 2028, and register a revenue CAGR of 5.0% over the forecast period, according to the latest report by Reports and Data. Increasing consumption of milk across the globe, coupled with high awareness regarding health benefits of consuming milk and milk products are key factors driving dairy processing equipment market revenue growth. According to the United Nations Food and Agriculture Organization more than 6 Billion people consume milk and milk-related products. Growing consumer awareness about nutritional benefits of milk products, as well as increasing population and rising health concerns among the population are expected to drive dairy equipment market revenue growth.
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Dairy processing equipment is used to extend shelf life of dairy products, fill and package milk before transportation, and reduce carbohydrate and fat content. Dairy processing equipment can also be used to perform a variety of processes such as chilling raw milk, cream separation, as well as the production of processed beverages, concentrates, and powders. Demand for dairy processing equipment is increasing from recent past, as it aids in reducing need for labor or workforce, reducing processing time, and improvement of overall plant efficiency.
Market Overview:
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
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Some of the Leading Market Players Are Listed Below:
- GEA Group AG,
- SPX FLOW, Inc,
- Alfa Laval Corporate AB,
- Krones AG,
- Scherjon Dairy Equipment Holland B.V.,
- Coperion GmbH,
- Van den Heuvel Dairy Food Equipment B.V.
- Others
Market Segmentation:
By Equipment Type Outlook
- Homogenizers
- Pasteurizers
- Separators
- Mixers Blenders
- Evaporators Dryers
- Membrane Filtration Equipment
- Others
By Mode of Operation Outlook
- Automatic
- Semi-Automatic
By Application Outlook
- Cheese
- Processed Milk
- Yogurt
- Cream
- Protein Concentrates
- Milk Powder
- Butter Buttermilk
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Dairy Processing Equipment market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Dairy Processing Equipment market.
The global Dairy Processing Equipment market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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