Global Dairy Processing Equipment Market 2017-2021
About Dairy Processing Equipment
Dairy processing equipment is used for processing dairy products through various methods such as pasteurization, standardization, heating, chilling, filling, and homogenization. Dairy products are products that are made from milk. Milk has a short shelf life and is a medium for the growth of microorganisms and pathogens. Thus, processing of milk is necessary to preserve it, increase its shelf life, and reduce the number of microorganisms. Milk processing also helps in creating new products out of milk with added flavors. Raw milk is processed in dairy processing plants to produce various products such as cheese, butter, cream, skim milk, whey, yogurt, and other products. The processing is done using various methods like filtration, separation, homogenization, heat treatment, and cooling.
Technavio’s analysts forecast the global dairy processing equipment market to grow at a CAGR of 4.07% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global dairy processing equipment market for 2017-2021. To calculate the market size, global dairy processing equipment market is segmented based on application such as equipment used for processed milk, cream, milk powder, cheese, protein concentrates, yogurt, and others. On the basis of geography, the market has been segmented as the Americas, EMEA, and APAC.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Dairy Processing Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global dairy processing equipment market: Alfa Laval, GEA Group, Krones, SPX FLOW, and Tetra Laval International.
Other Prominent Vendors in the market are: A&B Process Systems, ABL Technology, Agrometal, Farm and Ranch Depot, Feldmeier Equipment, IDMC, Industria Macchine Automatiche, Paul Mueller, Sanchelima International, Scherjon Dairy Equipment Holland, SSP, and Stephan Machinery.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Expansions by dairy processing plants. Dairy processing companies are expanding their capacities and building new processing plants to explore new market opportunities and also to meet the growing consumer demand. They are focusing on increasing production capability and diversifying into new product offerings to capture the market and increase competitive advantage.”
According to the report, one of the major drivers for this market is Growing market for fortified dairy products. Fortified dairy products are products that have added essential nutrients such as fatty acids, amino acids, phytonutrients, and enzymes; vitamins; and minerals. The fortification method has been witnessing tremendous growth over the years due to increase in health concerns and growing preference for food products rich in nutrients and vitamins among consumers. Dairy products such as yogurt, cheese, and cream are mainly used for fortification.
Further, the report states that one of the major factors hindering the growth of this market is Increasing consumer preference for dairy-free alternatives. Some people have allergic reactions, such as chronic congestion and digestive problems, to dairy products. This is because of an immune response to proteins such as albumin, casein, and whey present in dairy products. Thus, they might prefer dairy-free alternatives.
Alfa Laval, GEA Group, Krones, SPX FLOW, Tetra Laval International, A&B Process Systems, ABL Technology, Agrometal, Farm and Ranch Depot, Feldmeier Equipment, IDMC, Industria Macchine Automatiche, Paul Mueller, Sanchelima International, Scherjon Dairy Equipment Holland, SSP, and Stephan Machinery.
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