Dairy Processing Equipment Market Size and Forecast to 2026


Posted September 22, 2021 by shanigaramkarthik

The Global Dairy Processing Equipment Market Size was worth US$ 8.6 billion in 2021, and it is estimated to reach a valuation of US$ 11.2 billion by the end of 2026

 
Market overview:

The Dairy Processing Equipment Market size is relied upon to reach $ 12.4 billion by 2026, with a CAGR of 5.7% over the estimate period 2021-2026.

Dairy processing equipment is utilized to serve different dairy items after the milk has been prepared. Contains cheddar, sugar, cream, tofu, and an assortment of other ingredients. This equipment is likewise used to keep milk new for a few days and to evaluate the effect of foodborne sickness. Automatic milking machines, pasteurizers and parlor devices, milk jugs and other items are part of the equipment. It is widely used in the food industry to make milk, fresh dairy products, milk powder, cheese, and other products.

Recent developments:

For the creation of spreads and spoon cheeses, for example, cream cheddar, curds, Greek yogurt and skyr, GEA has added the KDB 3 separator as another part to its GEA PureCon series, which incorporates self-cleaning separators, explaining decanters and a scope of separators with spouts of types KDB and KDE.
Market Drivers and Restraints:

The increased consumption of dairy products such as cheese, yogurt, processed milk and others due to their nutritional and health benefits is increasing the growth of the dairy processing equipment market. This is due to people's changing lifestyles and their preference for healthy food products. According to the Tetra Pak Global Dairy Index, consumption of cheese, butter and milk is expected to increase by 36% between 2014 and 2024. In addition, market preferences are shifting towards healthy low-fat, cholesterol, and dairy products and enriched with nutrients. Therefore, the growth of the dairy processing equipment market increases during the forecast period 2021-2026. Some of the factors that are expected to hamper the growth of the dairy processing equipment market are the high investment costs that require the installation of various types of investments in dairy processing. The high maintenance costs required to avoid contamination are also expected to hamper market growth.

To know more read:

https://www.marketdataforecast.com/market-reports/global-dairy-processing-equipment-market

Report is segmented as:

By Application:

Cheese
Yogurt
Processed milk
Mild powder
Proteins
By Type:

Homogenizers
Pasteurizers
Separators
Evaporators
Membrane filtration
By Distribution Channel:

Supermarkets/ hypermarkets
Convenience stores
Online stores
Geographical Segmentation:

The administrations of Japan and Korea have good government strategies to help the development and advancement of dairy enterprises. Seasoned milk is likewise progressively acknowledged in the Asia-Pacific locale. India is the biggest milk maker on the planet. Consequently, the market for pasteurizers and homogenizers is continually expanding in the Indian dairy processing equipment market.

Impact of COVID-19 on Dairy Processing Equipment Market:

The dairy processing equipment market incorporates significant Tier I and II providers like Tetra Laval, GEA Group, SPX Flow, IMA, The Krones Group. These providers have their assembling offices spread across different nations in Asia-Pacific, Europe, North America, South America, and the remainder of the world. While COVID-19 has also affected your business, there is no significant impact on the global operations and supply chain of your dairy processing equipment. While this pandemic situation has also affected their businesses, there is no significant impact on the global operations and supply chain of their dairy processing equipment. The multi-player manufacturing facility is still in operation.

Key market players:

The Dairy Processing Equipment Market, top 10 companies are, GEA Group AG, SPX FLOW, Inc., Alfa Laval, Feldmeier Equipment, Inc., Tetra Laval, Krones AG, John Bean Technologies Corporation, IDMC Limited, Scherjon Equipment Holland B.V., and Agrometal Ltd.

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Tags dairy processing equipment market , dairy processing equipment market growth , dairy processing equipment market share , dairy processing equipment market size
Last Updated September 22, 2021