During the forecast period, it is anticipated that the worldwide dairy processing equipment market will expand at a CAGR of 5.4%. (2022-2032). According to projections, the market would be worth US$ 17.2 Bn by 2032, up from US$ 10.2 Bn in 2022. The market for dairy processing equipment, which was valued at US$ 9.7 billion in 2021, is expected to rise by 5.2% year over year in 2022.
Another factor projected to drive the market is manufacturers’ increasing interest in producing nutrient-fortified, organic, and low-fat dairy products in response to rising demand.
In top-tier dairy farms, cutting-edge automated milk production technology is replacing manual milking processes.
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Milk is a perishable item that is contaminated by bacteria and has a high pH level. If sufficient hygienic procedures are not performed in the manufacturing and storage of dairy products, the quality and taste of the product will suffer.
Unsanitary working conditions and the spread of toxins through numerous sources are mostly caused by a lack of effective methods to handle dairy waste water. Rising incidence of a variety of ailments, such as digestive disorders caused by irregular eating habits, which typically emerge as a result of poor diet and hectic work schedules, is expected to drive the dairy processing equipment market across the world.
Key Takeaways:
- In terms of type, the automatic segment will dominate the market over the forecast period.
- The U.S. is expected to spearhead the growth in North America dairy processing equipment market
- China and Australia will vanguard the sales in East Asia and Oceania dairy processing equipment market
- Based on equipment, the homogenizers segment will account for significant share in the market
“Increased demand for healthier dairy products is assisting the industry’s growth. Shifting preferences for healthy dairy products that are low in fat, cholesterol, and sugar, as well as the availability of a variety of flavours, are projected to boost the market. Implementing automation in dairy processing for increased efficiency, as well as a reduction in adulteration and cost, is expected to aid the growth in dairy processing equipment market” said a lead analyst at FMI.
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Who is winning?
Key players in the global dairy processing equipment market that utilize a variety of strategies to reach a large consumer base, including product development, marketing, and promotional efforts, distribution channel strengthening, and sustainable production.
Some of the leading companies offering equipment are GEA Group, Krones AG, Tetra Pak International, IDMC Limited, SPX Corporation, Van Den Heuvel, Jhon Bean Technologies Corporation, Alfa Laval Corporation, ISF Industries, Agrometal Limited, Coperion GmbH, Caloris Engineering LLC, Dui Ci Inox and others
Get Valuable Insights into Food Service Equipment Market
FMI, in its new offering, provides an unbiased analysis of dairy processing equipment presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).
Dairy Processing Equipment Market by Category
By Equipment Type:
- Thermal Treatment System
- Homogenizers
- Pasteurizers
- Dairy Centrifuges and Separators
- Evaporators and Dryers
- Filtration Systems
- Mixing and Blending Equipment
- Others
By Type:
- Automatic
- Semi-Automatic
By Application:
- Cheese
- Processed Milk
- Yogurt
- Protein Ingredients
- Milk Powder
- Others
By Regions:
- North America
- U.S.
- Canada
- Latin America
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The report covers exhaustive analysis on:
- How much is the current worth of the dairy processing equipment market?
- At what CAGR is the market expected to grow?
- How was the performance in the last five years?
- What is the demand outlook forecast for the dairy processing equipment market?
- Who are the top 5 players operating in the market?
- How are market players reacting to the new developments in the market?
- Which are the major countries driving demand for dairy processing equipment?
- At what rate will the U.S. dairy processing equipment market grow?
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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