According to a new market report published by Lucintel, the future of the dairy processing equipment market looks promising with opportunities in the processed milk, fresh dairy product, butter & buttermilk, cheese, milk powder, and protein ingredient markets. The global dairy processing equipment market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are growing demand for protein-based products and rising concern for safety of dairy products.
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Dairy processing equipment include a wide range of machine types that are involved in the production and processing of dairy related products, such as yoghurt, ice cream, processed cheese, and desserts, and they are a slightly different genre to pure milking machinery. In this market, pasteurizers, homogenizers, mixers & blenders, separators, evaporators & dryers, and membrane filtration equipment are the major types of dairy processing equipment. Lucintel forecasts that pasteurizers will remain the largest type segment over the forecast period, as pasteurization involves heat treatment processes and exposure to very low temperatures simultaneously, which kills the harmful microorganisms and also inactivate the dormant disease-causing spores if present.
Within this market, processed milk will remain the largest application segment over the forecast period due to growth in income and population and increasing demand for milk that can be stored for longer time without being affected by harmful micro-organisms.
Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period because the governments have favorable government policies to support the growth and development of the dairy industry in Japan and Korea. Growing demand for flavored milk in this region, India being the largest producer of milk in the world, contributes to the growth of the region.
GEA, SPX FLOW, Krones, Tetra Laval International, Alfa Laval, John Bean Technologies, IMA Industria Macchine Automatiche, IDMC, Feldmeier Equipment, and Scherjon Dairy Equipment Holland are among the major suppliers in the global dairy processing equipment market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global dairy processing equipment market by type, operation, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Dairy Processing Equipment Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global dairy processing equipment market by type, operation, application, and region as follows:
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Pasteurizers
Homogenizers
Mixers & Blenders
Separators
Evaporators & Dryers
Membrane Filtration Equipment
By Operation [Value ($ Million) shipment analysis for 2014 – 2025]:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Processed Milk
Fresh Dairy Products
Butter & Buttermilk
Cheese
Milk Powder
Protein Ingredients
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This more than 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.