A Complete Guide of Dairy Processing Equipment

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2. Dairy Processing Equipment Market – 2019-2024 The global Dairy Processing Equipment Market is expected to grow at a CAGR of 5.8% from 2019 to reach $11.05 billion by 2024. The growth of this market is driven by factors such as increasing demand for processed dairy products, growing need to increase productivity, focus on safety of dairy products and workers, and rising automation trends in dairy industry. In addition, emerging economies such as Asia, Latin America, and Africa provides significant opportunity for the manufacturers of dairy processing equipment. However, high cost of equipment due to its high production cost hinders the growth of this market to some extent. In addition, lack of trained labor force in many parts of the globe poses a great challenge to the global dairy processing equipment manufacturers. The global dairy processing equipment market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2024-by type (pasteurizers, homogenizers, separators, evaporators and drying equipment, membrane filtration equipment, and others), application (processed milk, milk powder, cheese, protein concentrates, yogurt, and others), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The study also evaluates industry competitors and analyzes the market at regional and country level. Download Free Sample Report Now @ https://www.meticulousresearch.com/download- sample-report/cp_id=4958 On the basis of type, pasteurizers commanded the largest share of the global dairy processing equipment market in 2018, mainly due to growing need to safeguard product stability and surge in expectancy to increase the shelf life of dairy products. However, evaporators and drying equipment expected to witness a rapid growth during the forecast period due to increasing consumer demand for fortified dairy products such as, yogurt, milk protein, condensed milk, and whey-based products. On the basis of application, processed milk segment dominated the global dairy processing equipment market in 2018, as it is one of the most produced and consumed dairy products by almost all age groups in all regions. However, cheese segment is expected to witness a rapid growth during the forecast period. The rapid growth of this segment is attributed to the shifting dietary preferences, growing production of cheese, and improving economies and household incomes. Speak to our Analysts: https://www.meticulousresearch.com/speak-to- analyst/cp_id=4958 Geographic Review: This research report analyzes major geographies and provides comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, Italy, U.K., Spain, and RoE), Asia-Pacific (China, Japan, India, Australia, and RoAPAC), Latin America (Brazil, Mexico, Argentina, and RoLATAM), and Middle East & Africa. Asia-Pacific commanded the largest share of the global dairy processing equipment market in 2018, followed by Europe and North America. The largest share of this region is mainly attributed to increasing demand for processed dairy products in emerging and developing countries including India, China, Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

3. Dairy Processing Equipment Market – 2019-2024 Japan, Indonesia, and Thailand. This region is witnessing tremendous growth for dairy processing industry primarily due to the increasing urbanization, health awareness, and disposable income. Also, changing regulatory environment and shifting consumer preferences provide opportunities to capitalize on to the dairy processing equipment stakeholders in the region. The major players operating in the global dairy processing equipment market are GEA Group Aktiengesellschaft (Germany), JBT Corporation. (U.S.), SPX Flow Inc. (U.S.), Krones AG (Germany), Alfa Laval AB (Sweden), Tetra Pak International S.A. (Switzerland), Paul Mueller Company (U.S.), IMA Group (Italy), Feldmeier Equipment INC. (New York), Scherjon Dairy Equipment Holland. (The Netherlands), Stephan Machinery GMBH (Germany), and Shanghai Joylong Industry Co. Ltd. (China). To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/dairy-processing-equipment- market-4958 Scope of Dairy Processing Equipment Market Report: Market by Type •Pasteurizers •Homogenizers •Separators •Evaporators and Drying equipment •Membrane Filtration Equipment •Others Market by Application •Processed Milk •Milk Powder •Cheese •Protein Concentrates •Yogurt •Others Market by Geography •North America •Europe •Asia-Pacific (APAC) Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

4. Dairy Processing Equipment Market – 2019-2024 •Rest of World Exciting news! We are thrilled to announce an incredible opportunity for you! For a limited time only, we are delighted to offer an exclusive flat 30% discount on all our remarkable research reports. It's our way of showing appreciation for your continuous support and commitment to staying informed. This remarkable discount allows you to unlock a wealth of valuable insights and expert analysis at an unbeatable price. Whether you're a business professional, an academic researcher, or an avid learner, this offer is tailor-made to enhance your knowledge and empower your decision-making. Quick Buy : https://www.meticulousresearch.com/Checkout/25668223 Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com