Dairy Processing Equipment Market Size, Share and Forecast Report to 2027
Milk is type of nutritious food which has a short life span and needs careful handling. Milk is highly perishable as it has a stupendous medium for growth of microorganism. Processing of milk permits the preservation of milk for days and thus helps to decrease food-borne diseases. The structure of industry is differs in every country. It has been observed that in underdeveloped countries milk is highly sold to public directly, but in the most of milk manufacturing countries it is sold on the basis of wholesale. Increase in demand for advanced equipments for milk processing is expected to significantly grow the dairy product equipment market.
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Market Drivers
The rise in consumption and production of dairy products coupled with increase in the usage of automation process for production is the key driving factor which is expected to boost the global dairy processing equipment market growth. Furthermore, change in needs, taste, and preference of consumers for healthy and palatable products will positively contribute the market growth. Also, continuous technological advancements as well as increase in consumption of processed milk products like cheese, milk powders and rise in production of dairy products in various countries like Germany, Australia, the Netherlands, and India are expected to drive the market growth during this forecast period. Moreover, rise in government initiatives supported by monetary assistance through subsidies for milk processing industry to promote milk products consumption to provide nutrition will fuel the market growth in near future.
Market Restraints
However, rise in energy cost is the major challenging factor which is expected to hinder the global dairy processing equipment market growth. Also, rise in waste generation in dairy processing will affect the global dairy processing equipment market growth.
Market Key Players
Various key players are discussed in this report such as GEA GROUP, SPX FLOW, THE KRONES GROUP, TETRA LAVAL, JBT CORPORATION, IMA GROUP, FELDMEIER, IDMC LIMITED, COPERION, and GEMAK LTD.
Market Taxonomy
By Equipment Type
- Homogenizers
- Membrane Filtration Equipment
- Separators
- Mixing & Blending Equipment
- Evaporators & Dryer Equipment
- Others
By Application
- Cheese
- Processed Milk
- Yogurt
- Protein Ingredients
- Milk Powders
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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