Dairy Processing Equipment Market by Equipment Type (Pasteurizers, Homogenizers, Separators, Evaporators & Dryers, Membrane Filters & Others), Application (Processed Milk, Cream, Cheese, Milk Powder, Protein Concentrates & Others) & by Region - Global Trends & Forecasts to 2019
The global dairy processing equipment market is projected to reach $10,433.3 million by 2019, at a CAGR of 5.3% from 2014 to 2019.
New technological developments and increase in consumption and demand for dairy foods have led to the growth of the dairy processing equipment market. Milk is processed by utilizing dairy processing equipment to develop dairy products, such as processed milk, cream, cheese, milk powder, and protein concentrates. The key dairy processing equipment utilized include pasteurizers, homogenizers, separators, evaporators & dryers, membrane filters & other equipment, such as churning equipment, crystallizers and cheese vats. Dairy processing equipment help increase output and prolong shelf-life of dairy products so that they are delivered to the end consumers in the best possible quality.
Asia-Pacific is the largest market for dairy processing equipment, followed by Europe & North America. The dairy processing equipment market is matured in North America and Europe, while China and India are the fastest-growing markets in the Asia-Pacific region.
Both, bottom-up and top-down approaches were used to derive the size of the dairy processing equipment market. The market segments include types of equipment, applications, and region.
Key players such as Tetra Laval (Switzerland), Alfa Laval (Sweden), SPX Corporation (U.S.), GEA Group (Germany), and Krones Group (Germany), have been profiled in the report. The market dynamics—in terms of market drivers, restraints, opportunities, and challenges—have been discussed in detail in the report.
All the growth parameters in individual segments have been considered in this report. Evaporators & dryers and membrane filters are projected to grow in future as protein concentrates and milk powders are processed through these equipment wherein these products are increasingly being used by dairy processors to introduce new innovative dairy products in order to meet the consumer demand.
This report focuses on the dairy processing equipment market, which is segmented based on equipment type, application, and region, projecting the size and analyzing the trends in each of the following sub-markets.
Dairy processing equipment market, on the basis of key equipment, has been segmented as follows:
Evaporators & Dryers
Others (churning equipment, crystallizers & cheese vats)
Dairy processing equipment market, on the basis of key applications, has been segmented as follows:
Others (yogurt & buttermilk)
Dairy processing equipment market, on the basis of key regions, has been segmented as follows: