Dairy Processing Equipment Market - Opportunity and Growth Analysis to 2027

1. Dairy Processing Equipment Market by Growth Insight, Competitive Analysis and Regional Statistics to 2027

2. Dairy Processing Equipment Market size is expected to surpass USD 15.70 billion by 2027. Strong application scope in food processing industry along with the rising consumption of dairy products will boost the demand of dairy processing equipment market over the forecast period. • Some major findings of the market report include: • Separator equipment market was valued around USD 3.50 billion in 2020. Rising consumption of butter, ghee and other dairy products derived from milk cream boosting the market growth. • The dairy processing equipment market for milk powder is expected to surpass USD 1.25 billion by 2027, growing at a CAGR of 5.5% over the forecast. Increased demand for milk powder over fresh or regular milk due to extended shelf life and presence of nutrients, such as, vitamin, minerals and protein concentrates will drive the market growth. • Favorable regulatory environment related to manufacturing practices, product quality and safety in different countries such as US, India, China, and European countries coupled with rapid growth of dairy industry will be fostering market growth. • Evaporators & dryers marketwas valued over USD 1.15 billion in 2020 and is expected to grow at a CAGR of around 5.5% over the forecast timeframe • Key players operating in dairy processing equipment market are investing heavily in R&D activities and adopting technologically advanced methods to develop innovative & cost-effective products to meet the customer’s specific requirements.

3. The COVID-19 pandemic disrupted manufacturing of dairy products, stagnating the dairy processing industry. Declining production and shut down of retail stores at the beginning of the COVID-19 and disruptions in the supply chain of raw materials were the major concerns for dairy products manufacturers. • Milk processing equipment is used to turn milk into a variety of products such as butter, yogurt, cream and cheese. Growing health consciousness among the European customers has surged the demand for healthy food products with low sugar, low cholesterol, low fat, and new flavors thereby accelerating the dairy processing industry. Dairy companies in the region are currently targeting low-fat, organic, fortified dairy products that require state-of-the-art milk processing machines thus driving the market growth. • However, after the recommencement of essential services, consumers are stocking up some groceries and food products such as dairy-based beverages, cheese, yogurt to avoid perceived shortages which further has positive impact on the industry. In addition, growing health awareness has accelerated the sales of functional and fortified food products, further supporting the demand for dairy processing equipment in Europe.

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5. Regional Analysis • Europe holds around 30% market share in the global dairy processing equipment market owing to rapidly expanding dairy and food processing sector. Europe dairy processing equipment market is anticipated to surpass USD 5.15 billion by 2027. Increased dairy production and consumption are expected to boost the Europe dairy processing equipment market over the forecast period. • Competitive Analysis • Key players operating in the dairy processing equipment market include Alfa Laval Corporate AB, GEA Group, Patkol Public Company Limited, Tetra Laval International, IDMC Limited, Feldmeier Equipment, Inc., and A&B Processing Systems, Scherjon Equipment Holland B.V., Krones AG, SPX Corporation, Ved Engineering Pvt. Ltd., ISF Industries, Agrometal Limited, Arbel Processing Technology, Dui Ci Inox, Gemak Ltd, INOXPA India Pvt. Ltd and Coperion GmbH. are among the other major players operating in global dairy processing equipment industry.

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