The global milk sterilizer machine market is expected to grow from US$ 2231 Mn in 2023 to US$ 4,998 Mn by 2033, with overall sales accelerating at 8.4% CAGR throughout the forecast period (2023-2033)
Rising need for reducing the threat of food borne diseases and increasing consumption of milk-based products across the world are some of the key factors driving the global milk sterilizer machine market.
Most of milk-based products including butter and cheese are perishable and susceptible to pathogens. As a result, all of these commodities must be pasteurised to eliminate harmful microorganisms and shield them from contamination. For this purpose, milk sterilizer machines are used.
Similarly, growing demand for sterilized milk products is expected to boost the global milk sterilizer machine market during the forecast period.
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The worldwide milk sterilizer machine market is extremely fragmented and competitive due to presence of many local and regional companies. The market’s leading businesses stand out thanks to technological developments that reduce production costs while also articulating more seasoned and superior products.
They are introducing new and advanced milk sterilizer machines that can significantly eliminate pathogens. This will help them to increase their sales.
Key Takeaways from the Milk Sterilizer Machine Market Study:
- Based on product, the high-temperature short-time segment leads the global milk sterilizer machine market.
- By automation grade, demand for fully automatic milk steriliser machines is expected to grow at the highest pace through 2033.
- North America holds around 38% share in the global milk sterilizer machine market.
- The U.S. milk sterilizer machine market size is expected to reach around US$ 793.8 Mn in 2023.
- The German milk sterilizer market is currently valued at around US$ 157 Mn.
- With rising consumption of dairy-based products, demand for milk sterilizer machines is expected to grow at the highest CAGR during the forecast period.
“Rising demand for sterilized food products across the world and advancements in sterilization technologies are expected to propel the milk sterilizer machine market forward during the projected period”, says the FMI analyst.
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Who is Winning?
Dion Engineering, GEA Group, Krones, SPX Flow (APV), Tetra Pak International, among others are some of the leading players operating in the global milk sterilizer market. These players are focused towards developing new and advanced milk sterilizer machines to expand their customer base.
Besides this, they are adopting strategies such as partnerships, mergers, acquisitions, and collaborations to expand their global footprint.
Get Valuable Insights into Milk Sterilizer Machine Market
FMI, in its new offering, provides an unbiased analysis of Milk Sterilizer Machine Market presenting historical demand data (2017-2023) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Milk Sterilizer Machine based on Product (High-Temperature Short Time (HTST), Higher Heat Shorter Time (HHST), Ultra High Temperature (UHT), Ultra-Pasteurized (UP)), by Method (Batch-wise, Continuous), by Capacity (0-100 litres/hour, 100-1000 litres/hour, 1000-5000 litres/hour, 5000-10000 litres/hour, Over 10000 litres/hour), by Automation Grade (Semi-Automatic, Fully Automatic), by Distribution Channel (E-commerce, Supermarket, Specialized tool store)
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