The Latin America Dairy Processing Equipment Market was worth $0.89 billion in 2021 and estimated to be growing at a CAGR of 5.77%, to reach $1.18 billion by 2026. Latin America is an emerging region market for dairy processing equipment market.
Dairy processing equipment helps intensifying output and prolongs shelf life of dairy products so that they are distributed to the end users in the best probable quality. Milk processing comprises of a substantial share of dairy processing, as much of the milk present in supermarkets is treated.
New technological advances and rise in consumption and demand for dairy foods have directed towards the growth of the dairy processing equipment market. Augmented acceptance of efficient machineries and technology by dairy product producers and mechanization provided by the equipment’s is supporting the growth of dairy processing equipment market. Costly equipment’s and processing of dairy products is obstructing the dairy processing equipment market.
Latin America 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 Latin America Dairy Processing Equipment Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. Due to high population base in Brazil it is leading the region’s dairy processing equipment market.
Key Players in the Market:
Major Key Players in the Latin America Dairy Processing Equipment Market are
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