IMARC Group, a leading market research company, has recently releases report titled “Dairy Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global dairy processing equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the dairy processing equipment market?

The global dairy processing equipment market size reached US$ 10.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.94% during 2023-2028.

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What is dairy processing equipment?

Dairy processing equipment comprises specialized machinery and tools designed for the treatment, conversion, and handling of milk and milk-based products. This equipment is engineered to perform a range of functions, including pasteurization, homogenization, separation, and packaging. It is integral to different stages of milk production, from initial extraction to the creation of finished products, such as cheese, yogurt, and butter. The technology aims to enhance efficiency, ensure the quality and safety of dairy products, and optimize production processes. As a result, dairy processing equipment is widely used in dairies, milk processing plants, and the food and beverage industry.  

What are the growth prospects and trends in the dairy processing equipment industry?

The global dairy processing equipment market is primarily driven by the escalating consumer demand for dairy products, both in developed and emerging markets, as they offer essential nutrients and are key components of various cuisines. Additionally, technological advancements in dairy processing equipment are facilitating more efficient operations, thereby reducing labor costs and improving profitability for manufacturers. In line with this, the heightened focus on food safety regulations is compelling industries to invest in advanced dairy processing technologies that meet stringent hygiene and quality standards, thus fueling market growth. Furthermore, the rising trend toward automation and the integration of IoT (Internet of Things) in dairy processing is opening new avenues for market growth. Such technological innovations streamline operations and enhance traceability and accountability in the dairy supply chain, thereby supporting market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Equipment:

  • Pasteurizers
  • Homogenizers, Mixers and Blenders
  • Separators
  • Evaporators and Dryers
  • Membrane Filtration Equipment
  • Others

Breakup by Type:

  • Automatic
  • Semi-Automatic

Breakup by Application:

  • Cheese
  • Processed Milk
  • Yogurt
  • Protein Ingredients
  • Milk Powder
  • Fresh Dairy Products
  • Others

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Alfa Laval AB
  • Feldmeier Equipment Inc.
  • GEA Group Aktiengesellschaft
  • Genemco Inc.
  • IDMC Limited
  • IMA – Industria Macchine Automatiche S.p.A. (SO.FI.M.A.)
  • John Bean Technologies Corporation (FMC Technologies)
  • KRONES Aktiengesellschaft
  • SPX Corporation
  • Tetra Laval International SA.

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