Dairy Processing Equipment Market Size
The global Dairy Processing Equipment market size was valued at $10.82 billion in 2023 and is projected to reach $15.00 billion by 2029, growing at a CAGR of 5.6% during the forecast period.
Dairy Processing Equipment Market Overview
Dairy processing equipment refers to a variety of machinery and tools used in the handling and processing of milk and other dairy products. These specialized pieces of equipment are essential in the production of a wide range of dairy products, such as milk, cheese, yogurt, butter, and more. Dairy processing equipment plays a crucial role in ensuring the quality, safety, and efficiency of dairy product manufacturing. Dairy processing equipment varies in size and complexity depending on the scale and specific needs of the dairy operation. These machines and tools are vital for maintaining the quality, safety, and efficiency of dairy product production from the farm to the consumer's table.
Dairy Processing Equipment Market Trends
- The Dairy Processing Equipment market is expected to witness significant growth in the future due to the increasing consumption of dairy products, rising adoption of dairy efficiency-enhancing technologies, and growing automation offered by technology providers.
- Additionally, rising health awareness among consumers about the benefits of dairy products, population growth, and rapid urbanization are the prominent factors driving the growth of the Dairy Processing Equipment market demand.
- However, the health risks associated with whey protein and high capital investment are restraining the market growth.
- On the contrary, emergence & modernization of cold chain facilities and increased disposable income are creating opportunities for the market growth.
By Application, the Cheese Segment is projected to be the Largest Segment in the Dairy Processing Equipment Market
The cheese segment is projected to be the largest segment in the Dairy Processing Equipment market during the forecast period. Cheese finds its way into numerous products, including pizza, sandwiches, snacks, and more, and is enjoyed by both retail and foodservice consumers. It's prized for its nutritional value, being a source of protein, essential minerals, fats, and calcium, making it a staple in many consumers' diets. The growth in the cheese processing equipment market is driven by changing consumer preferences, an increasing demand from retail consumers, and the growing popularity of fast-food items. Additionally, the influence of Western cuisines, rising disposable incomes, and the introduction of various cheese products have contributed to the market's expansion in recent years. The trend of dining out has also heightened the demand for cheese in fast-food establishments and the foodservice sector, a trend expected to continue during the forecast period.
By Geography, Asia Pacific Region Holds the Dominant Position in the Market Revenue
Asia Pacific region holds the dominant position in the market revenue due to the favorable government policies in Japan and Korea. Moreover, flavored milk has gained widespread popularity in the Asia Pacific region. Notably, India stands as the largest global producer of milk, leading to a consistent rise in the demand for pasteurizers and homogenizers within the Indian dairy processing equipment market.
Within the Asia Pacific region, Australia and New Zealand boast surplus milk production, while China and Japan face deficits in milk production. Consequently, there is significant potential for the import of dairy and dairy-based products in these countries.
Key Target Audience:
- Dairy Processing Companies
- Breeding Companies
- Representative Organisations
- Public Bodies
- Advisors & Researchers
List of the Key Players Profiled in the Report Includes:
- GEA Group
- Alfa Laval Corporate AB
- A&B Processing Systems
- John Bean Technologies Corporation
- Coperion GmbH
- Feldmeier Equipment, Inc
- IDMC Limited
- Krones AG
- Patkol Public Company Limited
- SPX Corporation
- Tetra Laval International S.A
- Van Den Heuvel Dairy & Food Equipment B.V
Key Developments:
- In October 2023, Tetra has revealed its partnership with AB Biotek Human Nutrition & Health to launch a series of groundbreaking postbiotic food solutions. These postbiotics can be easily incorporated into food processing as a powder during the blending phase of Ultra High Temperature (UHT) products, including beverages, dairy items, ice cream, and cheese.
- In May 2023, GEA announced an extensive array of innovations that highlight its engineering excellence across multiple industry sectors at Interpack in Düsseldorf. Within the bakery industry, GEA's emphasis is on energy-efficient manufacturing methods, the introduction of cutting-edge digitalization tools, and the utilization of state-of-the-art technologies to uphold the quality of food products.
- In November 2022, A&B Process Systems launched ReadyGo Bioreactor for cultivated meats. The ReadyGo Bioreactor is designed to adhere to international bio-processing standards, providing customers with the flexibility to customize it according to their specific processes. This solution was created to aid industrial processors in tackling challenges related to scalability, lead times, and capital expenses, all while keeping production costs in check.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Operation:
- Automatic
- Semi-automatic
Market by, Type:
- Separators
- Pasteurizers
- Mixers & Blenders
- Membrane Filtration Equipment
- Homogenizers
- Evaporators
- Dryers
- Other Types
Market by, Process Technology:
- Bacteria-Removing Separation
- Deep-Bed Filtration
- Microfiltration
- Indirect Heating
- Direct Heating
Market by, Application:
- Butter & Buttermilk
- Cheese
- Milk Powder
- Pocessed Milk
- Yogurt
- Processed Milk
- Fresh Dairy Products
- Protein Ingredients
Market by, Geography:
The Dairy Processing Equipment Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:
- North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
- Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
- Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
- South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
- Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.
What Can be Explored with this Research Report:
- Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
- Identify growth opportunities.
- Porter’s five force analysis.
- In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
- Historical and forecast size of the market in terms of revenue (USD Million).
- Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Table Of Content
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbrevations
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Research Approach
3.6 Data Sources and Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Growing Automation offered by Technology Providers
4.1.2 Rising Adoption of Dairy Efficiency-enhancing Technologies
4.1.3 Increasing Consumption of Dairy Products
4.2 Market Restraints
4.2.1 High Capital Investment
4.3 Market Opportunities
4.3.1 Emergence & Modernization of Cold Chain Facilities
4.3.2 Rising Health Awareness among Consumers about the Benefits of Dairy Products
4.4 Market Challenges
4.4.1 Health Risks Associated with Whey Protein
4.5 Impact of COVID-19 on Dairy Processing Equipment Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Dairy Processing Equipment Market by, Operation
6.1 Overview
6.2 Automatic
6.3 Semi-automatic
7 Global Dairy Processing Equipment Market by, Type
7.1 Overview
7.2 Separators
7.3 Pasteurizers
7.4 Mixers & Blenders
7.5 Membrane Filtration Equipment
7.6 Homogenizers
7.7 Evaporators
7.8 Dryers
7.9 Other Types
8 Global Dairy Processing Equipment Market by, Process Technology
8.1 Overview
8.2 Bacteria-Removing Separation
8.3 Deep-Bed Filtration
8.4 Microfiltration
8.5 Indirect Heating
8.6 Direct Heating
9 Global Dairy Processing Equipment Market by, Application
9.1 Overview
9.2 Butter & Buttermilk
9.3 Cheese
9.4 Milk Powder
9.5 Pocessed Milk
9.6 Yogurt
9.7 Processed Milk
9.8 Fresh Dairy Products
9.9 Protein Ingredients
10 Global Dairy Processing Equipment Market by, Geography
10.1 Overview
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 UK
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia
10.4.6 New Zealand
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 Qatar
10.6.4 Iran
10.6.5 South Africa
10.6.6 Rest of Middle East & Africa
11 Key Developments
12 Company Profiling
12.1 GEA Group
12.1.1 Business Overview
12.1.2 Product/Service Offering
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Activities
12.2 Alfa Laval Corporate AB
12.3 A&B Processing Systems
12.4 John Bean Technologies Corporation
12.5 Coperion GmbH
12.6 Feldmeier Equipment, Inc
12.7 IDMC Limited
12.8 Krones AG
12.9 Patkol Public Company Limited
12.10 SPX Corporation
12.11 Tetra Laval International S.A
12.12 Van Den Heuvel Dairy & Food Equipment B.V
Report Details
SKU Code | : DI2137 |
Industry | : Food & Beverages |
Region | : Global |
Tables | : 162 |
Format | : Electronic PDF |
Published | : 2023 |
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