USD 8.87 billion
Global Dairy Processing Equipment Market Size, Share, Growth Analysis, By Type(Pasteurizers, Homogenizers), By Mode of Operation(Automatic, Semi-Automatic), By Application(Cheese, Processed Milk), By Distribution Channel(Hypermarkets, Food Specialty Stores) - Industry Forecast 2024-2031
Report ID:
SQSG20I2027 |
Region:
Global |
Published Date: February, 2024
Pages:
264
|
Tables:
125 |
Figures:
76
Global Dairy Processing Equipment Market Insights
Dairy Processing Equipment Market size was valued at USD 8.87 billion in 2019 and is poised to grow from USD 9.4 billion in 2023 to USD 15 billion by 2031, growing at a CAGR of 6% in the forecast period (2024-2031).
Dairy processing equipment include a large variety of devices used for the manufacture and processing of dairy products such processed milk, butter and buttermilk, cheese, milk powder, processed cheese, and others. A regular mid-sized dairy farm, dairy processing machinery handles a variety of tasks. Among these processes the storage, filtering, pasteurizing, and homogenizing of raw milk is done on a regular basis.
Additionally, a variety of dairy-related activities may be carried out using dairy processing equipment, from chilling raw milk, cream separation, and packing to making processed drinks, cultured goods, concentrates, and powders. Dairy processors are a crucial link between the dairy farm and the customer. Farm milk is processed into high-quality, secure, convenient, and useable consumer goods by dairy processors.
Farmers may use modern machinery, which includes superior hi-tech machinery, to produce high-quality milk with less human effort. Milk-based products are now one of the most significant food industries in the world thanks to dairy processing machinery. The dairy processing sector transforms farm-produced raw milk into prepared consumer food products for the retail market, including butter, yogurt, and brewing milk beverages. Due to a number of factors, such as increasing milk production, consumption, and manufacturing automation in the dairy industry, the market growth has a huge potential in the forthcoming years.
US Dairy Processing Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Fastest Growth
pasteurizers
Growth Rate
6% CAGR
Global Cider Market ($ Bn)
Country Share forAsia Pacific (%)
Global Cider Market
Global Cider Market BY Type (%)
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Global Dairy Processing Equipment Market Segmental Analysis
Global dairy processing equipment market is segmented based on the type, mode of operation, application, distribution channel, and region. Based on type, the market is segmented into pasteurizers, homogenizers, mixers & blenders, separators, evaporators & dryers, membrane filtration equipment, thermal treatment system, and others. Based on mode of operation, the market is bifurcated into automatic and semi automatic. According to application, dairy processing equipment market is segmented into cheese, processed milk, yogurt, protein ingredients, milk powder and others.
On the basis of distribution channel, the dairy processing equipment market is segmented into hypermarkets, food specialty stores, convenient stores, and others. Based on region, dairy processing equipment market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Dairy Processing Equipment Market Analysis by Type
The pasteurizers segment held the largest market share in the global diary processing equipment market in 2022. Pasteurizer makes the food safer and also maintains the delectable flavour since it eliminates the germs without changing the flavour of the liquid. In order to eliminate hazardous germs and render latent disease-causing spores inactive, pasteurisation involves heat-treatment procedures and exposure to extremely low temperatures at the same time. The usage of pasteurizers which is a significant piece of equipment related to food safety has increased as a result of the global food and beverage industry's expansion.
Evaporators and dryers segment is expected to grow at a high CAGR during the forecast period. The need for evaporator and dryer equipment from dairy processors is rising in almost every region, with Europe, Asia-Pacific, and Latin America seeing the greatest development.
Dairy Processing Equipment Market Analysis by Mode of Operation
The automatic equipment segment held the larger market share in 2022 and is expected to maintain its dominance and grow at the fastest rate during the forecast period.
Farmers are able to remotely monitor the health and productivity of their herd by using a computer or mobile device to retrieve the exact data that the robot collects. According to reports, robotic milking improves the lifestyle and working circumstances of dairy farmers, as well as having positive effects on the economy and the health and welfare of cows.
Global Cider Market BY Type, 2023 (%)
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Global Dairy Processing Equipment Market Regional Insights
Asia Pacific dominated the global dairy processing equipment market in 2022 and is expected to grow at a high CAGR during the forecast period. Favorable government policies are in place in Japan and Korea to assist the expansion and advancement of the dairy sectors. In Asia Pacific, flavoured milk has also been receiving widespread attention. The world's largest producer of milk is India. As a result, demand for pasteurizers and homogenizers has been growing steadily in the Indian market for dairy processing equipment. Throughout the projected period, it is anticipated that dairy consumption in China would continue to expand rapidly. Chinese dairy consumption will increase by almost 25%, from 55 million tonnes of liquid milk in 2021 to 71 million tonnes by 2030.
Due to the concentration of the majority of the leading players in this market in Europe is predicted to hold a sizeable portion of the global market for dairy processing equipment. In addition, the government's strict rules governing the processing of dairy products and the equipment used for those processes, together with quality requirements, will encourage the adoption of effective dairy equipment, thereby promoting market expansion. Furthermore, it is anticipated that the region's milk production will be encouraged by the Common Agriculture Policy's expropriation of milk quotas, which will increase demand for dairy processing equipment.
Global Cider MarketBy Region, 2024-2031
- Largest
- Fastest
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Global Dairy Processing Equipment Market Dynamics
Dairy Processing Equipment Market Driver
Demand for Processed Milk Products to Grow and Create Market Opportunities
- With rising birth rates throughout the world, it is expected that demand for milk and milk-based products would increase. Processed milk, milk powder, and protein concentrates are used in cereals, baby meals, and infant formulae because of their high nutrient content. They supply a range of proteins, vitamins, and minerals that are good for the overall growth of babies. Growing worries about newborn health and wellness will lead to an increase in the use of infant formula, which will fuel market expansion.
- Due to consumers' growing awareness of dairy products' health benefits, processed dairy products are becoming more and more popular on worldwide markets. Additionally, factors including population expansion, fast urbanisation, rising standard of living, and the introduction and modernization of cold chain facilities such refrigerated transport & storage are driving up demand and fostering market expansion.
Dairy Processing Equipment Market Restraint
Significant costs and processing time to impede the market growth
- One of the main factors limiting the market for dairy processing equipment is the steadily growing cost of power and energy needed to operate processing machinery. Processes like pasteurisation and evaporation in the preparation of dairy products also demand thermal energy. Compared to other processing machinery, pasteurisation uses a lot of energy, including electricity and other fuels.
- Large capital investments are necessary for dairy processing equipment manufacturers to install various types of processing equipment. This installation not only costs a lot of money, but also requires ongoing maintenance, which drives up installation costs and lowers dairy processors' operating margins.
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Global Dairy Processing Equipment Market Competitive Landscape
Due to the numerous regional and international businesses that are present and provide a variety of dairy processing equipment goods while vying to preserve their dominant market share, the global dairy processing equipment market is highly competitive and fragmented. Key players include Alfa Laval, JBT, IDMC Limited, SPX Flow Inc and Tetra Laval Group. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market.
Dairy Processing Equipment Market Top Player's Company Profiles
- GEA Group AG
- Tetra Laval International S.A.
- SPX Flow Inc.
- Alfa Laval AB
- Krones AG
- JBT Corporation
- Feldmeier Equipment Inc.
- IDMC Limited
- Scherjon Dairy Equipment Holland B.V.
- Paul Mueller Company
- Admix Inc.
- A&B Process Systems Corporation
- Van den Heuvel Dairy & Food Equipment B.V.
- Dairy Tech Inc.
- Agrometal Ltda.
- Arbel-Dea Mexico
- SSP Pvt Limited
- VRE Systems BV
- The Kieselmann Group
Dairy Processing Equipment Market Recent Developments
- In April 2022, PLF International, a technology solutions provider to the global food and beverage industry owned by JBT Corporation, introduced the PLF Virtus linear vacuum filler. PLF Virtus is a new line of linear vacuum filling machines designed to handle a variety of milk-based nutritional powders, such as infant formula and specialized medical nutrition.
- In July 2022, Fonterra introduced the Milk-E, New Zealand's first electric milk tanker. The tank will be the same size as our standard tanker, with a capacity of 28,000 litres.
Global Dairy Processing Equipment Key Market Trends
- Automation to Drive the Manufacturing Industry: Modern automation solutions are created to make sure that every step of the production of milk and dairy products complies with technology. The competitiveness of the dairy processing sector is greatly influenced by the level of automation, manufacturing efficiency, effective cleaning, sanitary design, and, ultimately, food safety.
- Extensive Use of Sensors in the Dairy Industry: In today's data-driven farming environment, sensors are also essential data sources and facilitators for precision farming and other data-driven agricultural activities. The current need is to increase the sector's sustainability and efficiency. While conventional approaches fall short of expanding demand, businesses and farmers may overcome many of the present problems with the use of sensors and artificial intelligence (AI).
Global Dairy Processing Equipment Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Dairy Processing Equipment Market analysis, the demand for dairy products, such as milk, cheese, and butter, is increasing as a result of growing consumer knowledge of the health advantages associated with dairy products, including improvements to digestive health, bone and dental health, weight control, muscle growth, and hydration. Dairy products processing equipment are used to increase shelf life, fill and package milk before shipping, and lower the carbohydrate and fat content of dairy products which further impacts the market expansion positively as consumers have become more health conscious and demand healthy products.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 8.87 billion |
| Market size value in 2031 | USD 15 billion |
| Growth Rate | 6% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Dairy Processing Equipment Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Dairy Processing Equipment Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Dairy Processing Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Dairy Processing Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Dairy Processing Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Dairy Processing Equipment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Dairy Processing Equipment Market Report Snapshots
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