Dairy
Processing Equipment Market Size and Growth Rate:
Dairy Processing Equipment Market was
valued at USD 9980 million in 2017 and is expected to reach USD 11800 million
by 2022 growing at a CAGR of 2.71% during the forecast period 2017 to 2022.
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Dairy
Processing Equipment Market Overview:
This processing equipment is used
throughout the world in the dairy industry, as consumer’s demand that packaged
and nutritious dairy products increase. The transition from raw milk to
processed milk preferences has also created non-agricultural uses, such as
marketing, milk collection, transportation and milk processing. Around the
world, the consumption and production of dairy products increased, combined
with the increased use of automation processes, stimulating the demand for
dairy processing equipment.
Dairy
Processing Equipment Market Growth Drivers and Restraints:
However, the main manufacturers of dairy
products in the market focus on new launches, advances in technology and
equipment of processing of dairy products of last generation, which is expected
to boost growth in the global market. It is expected that the increase in
disposable income, changes in lifestyles and the increase in demand for healthy
dairy products will stimulate the demand for dairy processing equipment.
Geographical
Insights of Dairy Processing Equipment Market:
However, the growth of the market in this
region is due to the increase in disposable income and the increase in
population. In addition, technological advances and new strategies adopted by
key players, such as collaborations, company extensions, product launches,
etc., can feed the global market.
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Key
Players of Dairy Processing Equipment Market:
SPX Corporation, A&B Process systems,
Feldmeier Equipment, Inc., GEA group, Alfa Laval Corporate AB, the Krones
group, Tetra Laval group, and IDMC Limited are the major players of the market.
Dairy
Processing Equipment Market Segmentation:
By
Product Type:
·
Pasteurizers
·
Homogenizers
·
Separators
·
Filters
By
Industry:
·
Liquid Dairy Industry
·
Powdery Dairy Industry
By
Region:
·
North America
·
South America
·
Europe
·
Asia Pacific
·
Middle East and Africa
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