The surging prevalence of numerous illnesses, such as digestive disorders owing to irregular eating habits that often occur because of negligence of proper diet and busy work schedules is anticipated to push thedemand for dairy processing equipment worldwide. In December 2021, for instance, the Indian government implemented its novel Production-Linked Incentive (PLI) plan for the food processing sector. This program is likely to help organized players operating in the dairy industry.
It will also propel extra investments of nearly US$ 65 million in this industry through Value-Added Products (VADP). The introduction to similar other plans by regulatory bodies in developing countries of Asia Pacific is expected to augur well for the market.
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Dairy farm processing arises everywhere the world; moreover the structure of the trade differs from country to country. It’s been determined that in less developed regions, milk is extremely oversubscribed to the general public directly, however in most of milk producing countries milk is sold on a basis of wholesale. It’s also been noticed that, general trend towards vast processing plants has offered the businesses with the scope of acquiring bigger, more effective and automatic equipment.
Specialised processes which has ultrafiltration furthermore as trendy drying processes, have inclined the possibilities for recovery of milk solids that were antecedently discharged. Additionally to it, all processes became more energy economical and effective and also the utilization of electronic management systems has allowable increased process effectiveness and price savings.
Global Dairy Processing Equipment Market: Growth Drivers
Change in technology along with higher consumption of dairy products are the major growth handlers in the global dairy processing equipment market. Apart from this, rising demand for milk in cream, cheese, milk powder and yogurt are intensifying the market of global dairy processing equipment. The innovation as well as the expansion in the new dairy products with respect to end-user applications are also fostering the growth of the global dairy processing equipment market.
It has been noticed that for the production of milk powders and protein concentrates, the equipment such as membrane filters and evaporators are used which is anticipated to witness significant demand in the coming 10 years from 2015-2025 in the global dairy processing equipment market.
Global Dairy Processing Equipment Market: Regional Outlook
Geographically, the Global Dairy Processing Equipment industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. It has been noticed that, presently Asia Pacific region captured the highest market share in the global dairy processing equipment market followed by Europe and North America holding second and third position respectively. The dairy processing industries in the key dairy manufacturing countries have experienced rationalization with a trend towards larger plants operated by less number of people. Thus, in the U.S., Australia, Europe and New Zealand major dairy processing plants are quite huge. China occupies the substantial share in Asia Pacific region in terms of importing dairy products and New Zealand and Australia are the major exporters of dairy products.
Apart from this, it has been noticed that plants producing products with short life span such as yogurts, soft cheese and creams, tend to be placed in urban centers close to consumer markets, whereas the plants producing items with longer shelf life which includes milk powders, butter milk, and cheese are tend to be situated in rural areas proximity to milk supply.
Global Dairy Processing Equipment Market: Players
Some of the major conglomerates capturing the substantial market share in the Global Dairy Processing Equipment market includes SPX Corporation, Tetra Laval group, Alfa Laval Corporate AB, IDMC Limited, GEA group, the Krones group, A&B Process systems and Feldmeier Equipment, Inc. Some of the countries such as China in the Asia–Pacific region has become the major importer of dairy products and served as a profitable market for international dairy processors to capitalize the rising consumer demand, thereby presenting a prospect for dairy processing equipment manufacturers all over the world.
Asia Pacific dairy processing equipment market growth is mainly attributable to the increasing consumption, production, and processing of milk, as well as milk-related products in India, China, and Australia. Governments of these countries are set to put forward favorable policies to support the development and growth of their dairy industry.
The Report covers exhaustive analysis on:
- Dairy Processing Equipment Market Segments
- Dairy Processing Equipment Market Dynamics
- Historical Actual Market Size, 2012 – 2015 for Global Dairy Processing Equipment Market
- Dairy Processing Equipment Market Size & Forecast 2016 to 2025
- Supply & Demand Value Chain
- Dairy Processing Equipment Market Current Trends/Issues/Challenges
- Competition & Companies involved in Global Dairy Processing Equipment Market
- Technology
- Value Chain
- Global Dairy Processing Equipment Market Drivers and Restraints
Regional analysis for Global Dairy Processing Equipment Market includes
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Dairy Processing Equipment Market
The Global Dairy Processing Equipment market is segmented on the basis of types of equipment which include
- homogenizers
- separators
- dryers
- membrane filters
- pasteurizers
- churning equipment
- others
The Global Dairy Processing Equipment market is segmented on the basis of application areas of equipment which include
- cream
- cheese
- processed milk
- protein concentrates
- milk powder
- yogurt
- others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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