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The Dairy Processing Equipment Market was estimated at USD 9.29 Billion in 2020 and is expected to expand at a CAGR 5.4 % to USD 12.2 Billion by 2025.
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Dairy processing equipment market: Major dairy manufacturers in dairy processing equipment market focus on new launches Market Overview: Milk is a nutritious food product and possesses short lifespan, and therefore is required to be handled carefully. It is highly perishable and is a good medium for the growth of microorganisms. Dairy processing equipment allows milk to be preserved for the longer period; therefore, it reduces the chances of food-borne diseases. Dairy processing equipment is broadly employed to process milk and production of different milk products such as butter, cream, yogurt, cheese, and others. This processing equipment is globally employed in the dairy industries as consumers demand nutritional and packaged dairy products has escalated. The global dairy processing equipment market was valued at USD 9.5 billion in 2019 and is expected to be raising at a CAGR of 5.50% to reach USD 12.4 billion by 2024. Market drivers and restraints: Customer preferences for healthy products with low cholesterol, low fat, low sugar, and availability of new flavors drive the dairy processing equipment market. A key driver of the global dairy processing equipment market is the increase in the dairy production and change of taste & preferences of customers. Nevertheless, major dairy manufacturers in dairy processing equipment market focus on new launches, technological advancements, and technologically advanced dairy processing equipment that is expected to boost the growth of the global market. To know more, click on the link below: https://www.marketdataforecast.com/market-reports/global-dairy-processing-equipment- market Report segmented as: By application: •milk powder •protein concentrates •yogurt •cheese •cream •others By type: •pasteurizers •homogenizers •membrane filters
•separators •churning equipment •dryers •others Geographical analysis: On the basis of geography, the global market is segmented into regions namely North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific is the dominating region major imports of dairy products. Growth in the dairy processing equipment in this region is due to increasing disposable income and rise in population. Important market players: The key players operating in the dairy processing equipment market are GEA Group (Germany), SPX Flow (US), The Krones Group (Germany), Tetra Laval (Switzerland), Alfa Laval(Sweden), JBT Corporation(US), IMA Group(Italy), IDMC Limited (India), Feldmeier (US), Scherjon (Netherlands), Coperion (Germany), and Van Den Heuvel Dairy & Food (Netherlands). View a sample and decide @ https://www.marketdataforecast.com/market-reports/global- dairy-processing-equipment-market/request-sample The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/