Global Dairy Processing Equipment Market to witness Impressive Growth by 2016 – 2024
Global Dairy Processing Equipment Market: Overview
Milk is a nutritious food product and possesses short lifespan, and hence is needed to be handled carefully. It is highly perishable and is a good medium for the growth of microorganisms. Dairy processing equipment allows milk to be preserved for the longer period; hence, it reduces the chances of food-borne diseases. Dairy processing equipment is widely used to process milk and production of various milk products such as butter, cream, yogurt, cheese, and others. This processing equipment is globally used in the dairy industries as consumers demand nutritional and packaged dairy products has increased. The shift of preferences from raw milk to processed milk also created off-farm jobs such as marketing, the collection of milk, transportation, and processing of milk.
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Global Dairy Processing Equipment Market: Growth Factors
Consumer preferences for healthy products with low cholesterol, low fat, low sugar, and availability of new flavors drive the dairy processing equipment market. A major driver of the global dairy processing equipment market is the rise in the dairy production and change of taste & preferences of consumers. However, key dairy manufacturers in dairy processing equipment market focus on new launches, technological advancements, and technologically advanced dairy processing equipment, which is anticipated to fuel the growth of the global market. Increasing disposable income, changing lifestyle and increase in demand for healthy dairy products is expected to fuel the demand for dairy processing equipment.
Global Dairy Processing Equipment Market: Segmentation
The global dairy processing equipment market is segregated based on the application as milk powder, protein concentrates, yogurt, cheese, cream, and others. On the basis of types, the global market is fragmented as pasteurizers, homogenizers, membrane filters, separators, churning equipment, dryers, and others. Moreover, the global market is classified based on geography as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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Global Dairy Processing Equipment Market: Regional Analysis
Asia Pacific is the leading region major imports of dairy products. In addition, China acts as a lucrative market for international dairy processors benefitting from the rising consumer demand that may drive the global dairy processing equipment market in the coming years. However, growth in the dairy processing equipment in this region is owing to rising disposable income and increase in population. Further, technological advancements and new strategies adopted by the key players such as collaborations, company expansions, product launches, and others may fuel the global market.
Global Dairy Processing Equipment Market: Competitive Players
Leading players in the global dairy processing equipment market are A&B Process systems, SPX Corporation, GEA group, Feldmeier Equipment, Inc., the Krones group, Alfa Laval Corporate AB, Tetra Laval group, and IDMC Limited.
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Global Dairy Processing Equipment Market: Regional Segment Analysis
The Middle East and Africa
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