The global dairy processing equipment market is anticipated
to reach USD 14.84 billion by 2025, according to a new report by Grand View
Research, Inc.Favorable regulatory scenario and removal of milk quota in the
European Union, are anticipated to favor industry growth.
The industry is expected to grow
at a robust pace over the forecast period. A broad range of diverse products
and rising importance of automation process in dairy products is expected to
surge the demand for processing equipment. Milk processing companies are trying
to reduce the production cost for processing milk and other dairy products to
gain profitability.
The players present in the
industry are trying to develop new and improved technologies to gain a
competitive edge on other players. Major players are shifting towards process
automation for reducing direct labor cost, improving quality, increasing
productivity, maintaining consistently, and eliminating contamination source.
Market players are also developing new and improved technology such as
rumination sensors & cow activity system, robotic milking systems
technology, and regular calf feeder technologies to enhance the productivity in
dairy industry.
The global demand for
homogenizers type in the industry is growing rapidly owing to various
advantages of the products. Helping in reducing the bacterial & others
microbiological activity, increasing the shelf life, and improving properties
such as color, flavor, consistency, taste & texture of a product are some
of its advantages. These factors are expected to support the growth of the
homogenizers market over the forecast period.
U.S. dairy processing
equipment market by equipment type, 2014 - 2025 (USD million)
Browse full research report on
Dairy Processing Equipment Market
Further key findings from the
report suggest:
- The global
demand for dairy processing equipment market was valued at USD 8.84
billion in 2016. The market is anticipated to reach USD 14.84 billion by
2025, while growing at a CAGR of 6.0% from 2017 to 2025.
- Pasteurizers
segment dominated the market in 2016 followed by homogenizers segment
- Cheese is the
largest application segment in 2016 and is projected to follow the same
growth trend over the forecast period. The segment is expected to grow at
a CAGR of 6.0% over the forecasted period.
- Asia Pacific
region is anticipated to have the fastest growth. The region is projected
to grow at a CAGR of 6.4% over the forecast period.
- Some of the
major players in the industry include SSP Pvt Limited, Inoxpa SA, GEA
Group, Alfa Laval Corporate AB, IDMC Limited, A&B Process Systems,
Feldmeier Equipment, Inc., Sealtech Engineers, Gemak Ltd., and Van den
Heuvel Dairy & Food Equipment B.V.
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com