Dairy Processing Equipment Market Research 2019-2024 | Industry Developments & Business Statistics

A comprehensive research study on Dairy Processing Equipment Market introduced by Global Market Insights, Inc. provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

Growth in geriatric population accompanied by prevailing health conditions including joint issues, obesity, diabetes, calcium deficiency has increased milk & milk products consumption which is likely to drive dairy processing equipment market size. Rise in food fortification trends with nutritional additives and flavors without compromising quality standards will favor market growth. Processing equipment helps in making product stable and increase its shelf life, thus gaining consumer acceptance.

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Key Profiles:
• Alfa Laval Corp
• Krones Group
• A&B Processing Systems
• GEA Group
• Tetra Laval
• IDMC
• ISF Industries
• Feldmeier Equipment
• Agrometal Ltd.
• SPX Corp

Corresponding to the growing inclination toward including milk products in daily diet, dairy processing equipment market has experienced a significant proliferation on a global scale. According to the Food and Agriculture Organization, a population growth rate of nearly 1.2 to 1.3% per year worldwide would lead to an increase in the average per capita milk consumption of almost 7 to 9 million tons annually. The commercialization potential of dairy processing equipment market is rather evident from past year statistic that claims the business space to have garnered nearly USD 10 billion revenue in 2017.

The renewed dynamism of the business space mainly grounds on two major rationales- increasing access to scientific production techniques and the rising emphasis on advanced dairy co-operation infrastructure development that has substantially boosted milk production.

Considering the fact that dairy sector is highly consumer driven, food consumption pattern is impeccably impacting dairy processing equipment industry at almost every stage of value chain. In this regard, it is prudent to mention that a supportive regulatory frame of reference with regards to financial assistance for dairy and animal husbandry sectors speak volume and has much to contribute in dairy processing equipment industry outlook.

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Rising emphasis on modern technologies for automation which will facilitate end to end visibility of the production process with consistency, user -friendly operations to minimize quality issues will drive dairy processing equipment industry growth. Innovative approach including data driven manufacturing which will increase milk and dairy products output and safety with effectively utilizing company’s capabilities and infrastructure, thus reducing total cost of ownership.

Dairy processing equipment market size from protein concentrates application may reach up to 21 thousand units by 2024. Growth in consumer consciousness towards health management supported by daily exercise routine has increased demand for protein products which will favor product demand.

Dairy processing equipment market size from cream application is poised to surpass 26 thousand units by 2024. Accelerating demand for innovative desserts with nutritive value supported by growth in low fat and low sugar products to adopt healthy diets balancing taste will fuel product demand in this application.

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Homogenizer equipment market size may exceed to USD 1.8 billion up to 2024. It has prominent application in yogurt and powder manufacturing to enhance texture and make it more viscous along with impart softness. Manufacturer engaged in development of equipment with increased cost efficiency with low environmental impacts balancing food safety will foster dairy processing equipment industry growth.

U.S. dairy processing equipment market size from cheese application will witness significant gains at 4%. Shifting dietary preferences has led to consumption fast food supported by Presence of prominent cheese manufacturing companies in this region will contribute towards regional product demand.

Global dairy processing equipment market share is moderately consolidated with key five players including Alfa Laval Corp, Krones Group, A&B Processing Systems, GEA Group, and Tetra Laval accounting for majority of the market share. Other prominent industry participants include IDMC, ISF Industries, Feldmeier Equipment, Agrometal Ltd., and SPX Corp.

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