To reach $11.05 billion by 2024, the worldwide Dairy Processing Equipment market is estimated to rise at a 5.8% CAGR.
As a result of these factors, the global Dairy Processing Equipment market has a bright future ahead of it. The equipment can refrigerate milk, package it, separate cream, and make processed beverages, powders, concentrates, and cultured goods. Global market growth would be driven by rising dairy consumption and the use of innovative dairy processing systems to boost efficiency.
The Dairy Processing Equipment market benefits from the expanding dairy industry, increased demand for ultra-filtered organic milk, and rising consumer awareness of health and wellbeing. Moreover, rising demand for low-sugar, low-fat, and cholesterol-free milk and related products, as well as new organic milk products, will drive market expansion. Moreover, rising population and income levels are expected to increase milk consumption and support market expansion. Demand is increasing due to increased automation and improvements in milk processing equipment.
Dairy processing equipment is designed to address the growing demand for dairy products. Factors like rising dairy farm demand, rising dairy farm production, shifting consumer tastes and preferences, and rising need for healthier and more attractive dairy farm products are driving global demand for dairy processing equipment. Other issues faced by dairy makers include inappropriate heating, interfering odours in milk, and rancidity of formulation ingredients.
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 companies highlighted in this research.
This market is dominated by pasteurizers.
Pasteurization enhances preservation quality and extends the shelf life of dairy products by making them safe for human consumption. Dairy pasteurizers made with efficient technologies ensure greater dairy product quality. Many modern dairy pasteurizers use less energy. This reduces the running expenses of dairy processing plants. Pasteurizers held the highest share of the global Dairy Processing Equipment market in 2018, driven by increased demand for product stability and longer shelf life.
The Fastest Growing Cheese Processing Applicaion
The cheese sector is showing signs of rapid expansion. The significant rise of this market is linked to changing dietary tastes, increased cheese variety, and rising economies and household incomes. This will increase demand for cheese processing equipment.
Dairy Processing Equipment sales are increasing in Asia-Pacific due to rising milk production and consumption in countries like India and China. Rapid urbanization and increased disposable income have boosted demand for dairy products in the region. The regional market is also benefiting from the continued influx of manufacturers from Europe and North America, as well as the increased need for dairy equipment. Europe is another key market for Dairy Processing Equipment, as the region is a major consumer and exporter of dairy products.