Dairy Processing Equipment Market Growth Opportunities In Emerging Economies
Dairy Processing Equipment Industry Overview
The global dairy processing equipment market size was worth USD 10.41 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2020 to 2025. Globally, the increasing consumption and production of dairy products coupled with rise in the usage of the automation process for production are anticipated to boost the global market demand.
Gather more insights about the market drivers, restrains and growth of the Dairy Processing Equipment Market
Change in the taste, needs, & preference of consumers for healthy and palatable products is a major driving factor for the market. Technology advancements, rising consumption of processed milk products, and increasing production of dairy products in countries such as Australia, Germany, the Netherlands, and India are anticipated to boost the market over the forecast period.
The U.S. market was valued at USD 935 million in 2019 and is predicted to grow at a CAGR of 6.1% from 2017 to 2025. The U.S. dairy industry has experienced some major change over the past few years as the consumption of processed milk products is increasing significantly and production of the same is declining. Moreover, a reduction in cow number and increasing per capita consumption of milk are some of the major challenges witnessed by the country.
Browse through Grand View Research's Food Safety & Processing Industry Research Reports.
• The global food glazing agents market size was valued at USD 4.43 billion in 2023 and is expected to grow at a CAGR of 8.2% from 2024 to 2030. This projected growth can be attributed to the rising popularity of bakery and confectionery products.
• The global monk fruit sweetener market size was estimated at USD 353.7 million in 2023 and is expected to expand at a CAGR of 7.7% from 2024 to 2030. The global rise in diabetes and obesity has fueled demand for sugar alternatives that do not raise blood sugar levels.
Dairy Processing Equipment Market Segmentation
Grand View Research has segmented the global dairy processing equipment market by equipment type, application, and region:
Dairy Processing Equipment Equipment Type Outlook (Revenue, USD Million, 2014 - 2025)
• Homogenizers
• Membrane filtration equipment
• Separators
• Mixing & blending equipment
• Evaporators & dryer equipment
• Pasteurizers
• Others
Dairy Processing Equipment Application Outlook (Revenue, USD Million, 2014 - 2025)
• Cheese
• Processed Milk
• Yogurt
• Protein Ingredients
• Milk Powder
• Others
Dairy Processing Equipment Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
o The U.S.
o Canada
o Mexico
• Europe
o France
o Netherland
o Germany
• Asia Pacific
o Australia
o New Zeeland
o India
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
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Key Companies profiled:
• SSP Pvt Limited
• Inoxpa SA
• GEA Group
• Alfa Laval Corporate AB
• IDMC Limited
• A&B Process Systems
• Feldmeier Equipment, Inc.
• Sealtech Engineers
• Gemak Ltd.
• Van den Heuvel Dairy & Food Equipment B.V.
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