$12 Bn Dairy Processing Equipment Markets: Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators & Dryers, Membrane Filtration - Global Forecast to 2025 - ResearchAndMarkets.com
The "Dairy Processing Equipment Market by Type (Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators & Dryers, Membrane Filtration Equipment), Operation (Automatic and Semi-Automatic), Application, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The Global Dairy Processing Equipment Market Size Estimated at USD 9.2 Billion in 2020 and is Projected to Grow at a CAGR of 5.4% to Reach USD 12.0 Billion by 2025
Rising production and consumption of milk and other dairy products along with increased automation in dairy product manufacturing are projected to drive the dairy processing equipment market
The market has a promising growth potential due to several factors, including the rising production and consumption of milk and other dairy products along with increased automation in dairy product manufacturing. In order to prepare butter, cheese, yogurt, ice cream, and other dairy products various processes have been developed and implemented by the dairy industry. These processes have been designed to utilize various properties of milk to manufacture products with different tastes and nutritional profiles. These processes include pasteurization, homogenization, filtration, and separation.
With technological advancements in the dairy sector, milk is being largely processed to manufacture various ingredients and products. Globally, these products and ingredients have varied applications in health and nutrition. These products are primarily used to provide consumers with nutrients that safeguard their health and make up for any deficient nutrients.
The segmentation of the dairy processing equipment market is based on type, operation, application, and region. Based on type, the dairy processing equipment market is segmented into pasteurizers; homogenizers, mixers & blenders; separators; evaporators & dryers; membrane filtration equipment; and others.
The market is further segmented, based on the operation as, automatic, and semi-automatic. The market is further segmented, based on applications such as processed milk, fresh dairy products, butter & buttermilk, cheese, milk powder, and protein ingredients.
Milk Powder: The fastest-growing segment of the dairy processing equipment market, by dairy processing equipment market application
The milk powder segment is growing at a significant rate due to the growing demand for infant formula. Milk powder has several benefits: longer preservation is possible since it has a longer shelf life and it need not be refrigerated, as opposed to fluid milk, which is perishable. Further, it can be reconstituted with water when there is a lack of fresh milk availability. Milk powders serve as functional and nutritional ingredients in most of the food formulations including bakery, confectionery, dairy, recombined milk, meat, nutritional beverages, infant formula, and prepared foods.
Pasteurizers: The largest - growing segment of the dairy processing equipment market, by dairy processing equipment type
The market for pasteurizers is projected to be the largest market by type in the dairy processing market. A pasteurizer is used for enhanced pasteurization, which involves the heating of every particle of the milk or the milk product, at a particular temperature to destroy the pathogens. This is an essential process for the processing of milk and milk products, as it purifies the raw milk, which is contaminated with bacteria and other microorganisms.
Asia Pacific: The largest - growing segment of the dairy processing equipment market, by dairy processing equipment region
The Asia Pacific region is the largest market in the world for dairy processing equipment. The region has been witnessing increased concerns regarding food safety. It is one of the largest producers of milk in the world; hence, dairy processing is becoming imperative to prevent pathogen contamination. According to the Food and Agriculture Organization (FAO), the middle - class population inhabiting the region have been shifting their diet preferences from staple cereals to meat, dairy products, fruits, and vegetables.
Market Dynamics
Drivers
Growing Demand for Dairy Products
Growing Production of Milk Due to Increasing Consumption of Dairy Products
Adoption of Efficiency-Enhancing Technologies by Dairy Product Manufacturers
Demand for Multi-Functional Dairy Equipment
Increasing Automation Offered by Technology Providers
Abolition of Milk Quota in the European Union
Restraints
Increasing Energy Cost
Opportunities
Dairy Processors Demand After-Sales Services to Enhance Operational Efficiencies
Support by the Government and Non-Government Bodies in Terms of Funding for SMEs and Startups
Expansion of Product Lines to Cater to Emerging Applications
Infant Formula
Energy & Sports Drinks
Fortified Products
Innovation: Carbonated Dairy-Based Beverages
Challenges
High Capital Investment
Initial Setup Cost of An Ultrafiltration System
Increasing Consumer Inclination Towards Dairy Alternatives
Increasing Incidences of Lactose-Intolerance & Allergies Leading to Reduced Dairy Consumption
Covid-19 Pandemic Impact
Pre- & Post-Covid Scenario in the Dairy Processing Equipment Market
Companies Mentioned
Alfa Laval
Coperion
Dairy Tech Equipment
Feldmeier
Fenco Food Machinery S.R.L
GEA Group
Gemak Ltd.
HRS Heat Exchangers Ltd.
IDMC Limited
IMa Group
JBT Corporation
Nordic Dairy Technology APS
Paul Mueller
Rodem
SPX Flow
SSP Pvt Ltd.
Scherjon
Sealtech Engineers
Skylark Engineers
Terlet Bv
Tetra Laval
The Krones Group
Van Den Heuvel Dairy & Food Equipment
Vino Technical Services
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201124005495/en/
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