Dairy Processing Equipment Market to Exhibit a CAGR of 5.4% by 2027


Posted August 19, 2020 by salveanup

Dairy Processing Equipment Market to Exhibit a CAGR of 5.4% by 2027; Surge in Health-Conscious Consumers to Augment Growth, states Fortune Business Insights™

 
The global dairy processing equipment market size is expected to reach USD 13.67 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. The escalating need for processed dairy products such as cheese, butter, milk, and cream will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Dairy Processing Equipment Market Size, Share & COVID-19 Impact Analysis, By Type (Pasteurizers, Homogenizers, Separators, Evaporators & Drying Equipment, Membrane Filtration Equipment & Others), By Application (Processed Milk, Cream, Milk Powders, Cheese, Protein Ingredient & Others) and Regional Forecast, 2020-2027” the market size stood at USD 9.70 billion in 2019. The rising shift in consumer preference will subsequently foster the growth of the market in the forthcoming years.

The Report lists the Main the Companies in the Dairy Processing Equipment Market:

• GEA Group Aktiengesellschaft (Germany)
• JBT Corporation (United States)
• SPX Flow Inc. (United States)
• Alfa Laval (Sweden)
• Krones AG (Germany)
• Paul Mueller Company (United States)
• Tetra Pak International SA (Switzerland)
• IMA Group (Italy)
• Feldmeier Equipment INC. (United States)
• Scherjon Dairy Equipment Holland B.V. (The Netherlands)
• Caloris Engineering LLC (United States)

https://www.fortunebusinessinsights.com/dairy-processing-equipment-market-102862

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Regional Analysis:

Heavy Consumption of Milk to Augment Growth in Asia Pacific

The market in Asia Pacific generated a revenue of USD 3.68 billion and is likely to witness an exponential growth during the forecast period owing to the growing consumption of milk and milk-related products in the developing nations. India is one of the largest producers of raw milk. The growing disposable income and changing consumer preference are factors that will foster the growth of the market in the region. The rising production and processing of dairy products will subsequently boost development in Asia Pacific. The rising production and exportation activities in Australia will contribute to growth in the region. In addition, the growing population will have a positive influence on the market in the forthcoming years. In addition, the growing health-conscious consumers will spur opportunities for the market in the region.

https://www.marketwatch.com/press-release/opportunities-in-dairy-processing-equipment-market-amidst-covid-19-pandemic-2020-08-08

Regional Analysis for Dairy Processing Equipment Market:
• North America (the USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Dairy Processing Equipment Market:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Dairy Processing Equipment Market Insights
5. Global Market Analysis, Insights and Forecast, 2015-2026
6. North America Market Analysis, Insights and Forecast, 2015-2026
7. Europe Market Analysis, Insights and Forecast, 2015-2026
8. Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
9. The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
10. Latin America Market Analysis, Insights and Forecast, 2015-2026
11. Competitive Landscape
12. Global Dairy Processing Equipment Market Revenue Share Analysis, By Key Players, 2020
13. Company Profiles
14. Conclusion
Key Development:

June 2019: JBT Corporation, a food processing machinery company based in the US announced the acquisition of Prime Equipment Group, a developer and manufacturer of food processing automation for USD 65 million.
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Issued By Rahul
Country India
Categories Blogging
Tags business
Last Updated August 19, 2020