The Dairy Processing Equipment Market is predicted to reach 10.56 USD billion with a CAGR of 5.45% according to Market Data Forecast report.

The Dairy Processing Equipment Market is predicted to reach 10.56 USD billion with a CAGR of 5.45% according to Market Data Forecast report.

ID: 1056 | October 2018 | Region: Global

The Dairy Processing Equipment Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Dairy Processing Equipment Market is estimated to be 8.1 USD billion and predicted to rise to 10.56 USD billion with a CAGR of 5.45%. The market is segmented by Type (Pasteurizer, Homogenizers, Separators, Evaporators & Dryers, Membrane Filtration Equipment and Other Equipment), by Application (Processed Milk, Cream, Milk Powders, Cheese and Protein Concentrates), by Process Technology (Direct Heating, Microfiltration, Deep-Bed Filtration, Indirect Heating and Bacteria-Removing Separation). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.

Dairy processing equipment market is observing growth due to several factors such as dairy farmers attaining more milk per cow, dairy processers growing their output, and the increase in demand for dairy products. Some of the drivers of this market comprise growth in dairy production and variation in taste & likings of consumers. Stringent government regulations are restraining the growth of the dairy processing equipment market.

Protein concentrate is the highest shareholding segment due to increasing consciousness among people regarding nutritious diet. Processed milk segment is likely to witness high growth in the forecast period.

Europe and North America have the maximum consumption of cheese and other dairy products available. Asia-Pacific regions such as China, India, Japan and Korea are the most developing economies with substantial consumption of milk and other dairy products.

Some of the major players in dairy processing equipment market include Reliable Milking Systems Inc., Automated Dairy Systems, DCI Inc., Dairy Creations Inc., Robert Reiser & Co. Inc., Agrometal Ltd., Kimaco Inc., Marlen Research Corp., Stephen Machinary Corp., Alfa Laval Inc., Indian Dairy Equipment Co., A&B Process Systems Corp., Scherjon Dairy Equipment Holland B.V.,  Ivarson Inc., Genemco Inc., Admix Inc.,  SSP Pvt Ltd., Feldmeier Equipment Inc., Tetra Pak International S.A. and Western Dairy Research Inc.

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