The Asia Pacific Dairy Processing Equipment Market size was worth $3.84 billion in 2021 and estimated to be growing at a CAGR of 5.92%, to reach $4.78 billion by 2026. Asia Pacific region attains the maximum market share in the global dairy processing equipment market.
The handling of dairy products gives small-scale dairy producers higher cash profits than retailing raw milk and offers better prospects to reach urban and regional markets. Moreover, milk processing can also help in to deal with regular changes in supply of milk.
Revolutions in technology along with greater consumption of dairy products are the main growth handlers in the dairy processing equipment market. Also, increasing demand for yogurt, milk in cream, milk powder and cheese are strengthening the market. The improvements as well as the growth in the new dairy foods with respect to the users are also raising the growth of the market. Stringent government regulations in the Asia-Pacific region are restraining the growth of the dairy processing equipment market.
Asia Pacific market for Dairy Processing Equipment is segmented by type into Pasteurizer, Homogenizers, Separators, Evaporators & Dryers, Membrane Filtration Equipment and Other Equipment. On the basis of application the dairy processing equipment market is bifurcated into Processed Milk, Cream, Milk Powders, Cheese and Protein Concentrates. Based on process technology the market is divided into Direct Heating, Microfiltration, Deep-Bed Filtration, Indirect Heating and Bacteria-Removing Separation. Protein concentrate is the highest shareholding segment due to increasing consciousness among people regarding nutritious diet.
Geographically the market is segmented into China, India, Japan, South Korea and Australia. China seizes the significant share in Asia Pacific region in terms of trading in dairy products.
Major Key Players in the Asia Pacific Dairy Processing Equipment Market are
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