Dairy Processing Equipment Market Current Trends and Future Opportunities Analysis and Forecast 2024-2030
Different dairy products are served using different dairy processing equipment. They include cheese, butter and tofu. This is a complicated process that requires specialized equipment.
The market may grow due to the changing lifestyle. The high operating costs may affect the profitability of this industry. The market can be classified by type, including pasteurizers and homogenizers. Separators, Evaporators & Dryers, and membrane filtration devices are also included.
Dairy Processing Equipment Market is expected to grow rapidly at a 5.3% CAGR consequently, it will grow from its existing size of from $10.8 Billion in 2023 to $16.4 Billion by 2030
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The Trend of Using
Global dairy processing equipment is increasing due to an increased demand in various regions. The growing health consciousness of consumers is the main driver behind this growth. The market is also driven by consumers' increasing preference for dairy products that are nutrient-fortified.
These factors have increased the demand for dairy equipment, such as pasteurizers and homogenizers. Separators, evaporators, and dryers are also in high demand.
In the future, it is anticipated that the market for dairy equipment will grow rapidly. The market is divided into several categories depending on the type of equipment used and the processing it undergoes.
The global dairy processing equipment industry is dominated by the pasteurizers. The pasteurization is a crucial step in the production of milk and milk products. It involves heating raw milk to a certain temperature in order to destroy pathogens.
Automated milk production systems are another important trend in the industry of dairy processing equipment. These systems reduce labour costs while improving the quality of the end product. In turn, this helps companies reduce their costs and increase profits.
The increased use of these systems in the dairy industry will also improve hygiene standards. The dairy processing equipment industry will continue to grow in the future.
Growth Driver
Global dairy processing equipment has a promising potential for growth, owing to the increase in milk production and consumption. The demand for dairy products is also expected to increase in the future due to the growing acceptance of dairy substitutes such as almondmilk. The government's strict regulations on food safety and hygiene are expected to increase demand for dairy processing equipment.
There are many players in the dairy processing equipment market, and each offers a variety of products and service. Manufacturers offer services such as maintenance and repairs that improve the efficiency of dairy processors.
They also offer services such as factory acceptance testing (FAT), and other services that enhance customer relations. These services are particularly helpful to small-scale producers of dairy products, who can ensure that all regulatory requirements are met.
The global market for dairy processing equipment is segmented by product type, region and application. The market is segmented by product into evaporators, dryers, homogenizers and separators.
Membrane filtration equipment is also included. In 2022, the evaporators and dryers segment was the most dominant, followed by homogenizers. Over the forecast period, the cheese sub-segment will grow at the highest CAGR.
The popularity of cheese is increasing in both developed and emerging markets. The market can be further segmented by region, including North America, Europe Asia Pacific, and Rest of the World.
Competitive Landscape of the Dairy Processing Equipment Market
- John Bean Technologies Corporation
- Alfa Laval Corporation
- ISF Industries
- Agrometal Limited
- Coperion GmbH
- Caloris Engineering LLC
- Dui Ci Inox
- IMA Industria Machine Automatiche SPA
- Patkol Public Company Limited
- GEA Group
- Krones AG
- Tetra Pak International
- IDMC Limited
- SPX Corporation
- Van Den Heuvel
Recent Development
Over the last few years, there has been a marked growth in the global dairy processing equipment industry. The growth of the market is due to the increased automation of the milk processing industry, as well as the increase in consumption. The adoption of more efficient technologies by the dairy industry also has contributed to its growth.
Pasteurizers are the most popular segment in the market for dairy processing equipment. The market is growing mainly due to the increasing demand for pasteurizers by the industry in order to improve milk safety for consumers.
This involves heating each particle of milk or milk products to a specific temperature in order to kill any bacteria that can cause infection.
The growth in the dairy processing equipment industry is also attributed to an increase in the production of cheese and milk powders.
The benefits of milk powders over fluid milk include a longer shelf life and the ability to re-hydrate with water if fresh milk is not available. This has led to an increase in demand for milk in many countries.
Regional Outlook
This market is growing due to the increasing awareness of the benefits of dairy products. The consumption of dairy products and processed milk will increase as a result. The growing initiative by major companies in setting up dairy units within the developing nations will also fuel demand for dairy equipment.
There are many players in the global dairy processing equipment industry. The market is competitive and diverse.
Some of the prominent players include GEA Group AG (Germany), SPX FLOW, Inc (US), Krones AG (Germany), Tetra Laval International S.A (Switzerland), Alfa Laval Corporate AB (Sweden), JBT Corporation (US), IMA IndustriaMacchineAutomatiche SPA (Italy), Feldmeier Equipment, Inc. (US), IDMC Limited (India), and Scherjon Dairy Equipment Holland B.V (Netherlands).
To gain an edge on the competition, players in the market for dairy processing equipment use a variety of strategies.
These strategies include product launches, joint ventures and geographic expansions. Caloris Engineering, LLC, for example, partnered with Seitz Stainless in June 2023 to enhance the capabilities of designing, engineering, system consultation, and more.
This collaboration will allow the company to provide complete solutions for equipments used in dairy processing and assist its customers with various applications. The company's growth and that of the dairy equipment market will be further accelerated in the next few years.
Segments Covered in the Dairy Processing Equipment Market
Dairy Processing Equipment Market by Type
- Pasteurizers
- Homogenizers
- Separators
- Evaporators and Drying equipment
- Membrane Filtration Equipment
- Others
Dairy Processing Equipment Market by Application
- Processed Milk
- Milk Powder
- Cheese
- Protein Concentrates
- Yogurt
- Others
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