Dairy Processing Equipment Market Size, Share, Trends and Forecast 2030, by Types (Pasteurizers, Homogenizers, Separators, Evaporators and Dryers, Membrane Filtration Equipment, Mixing and Blending Equipment, Cheese Processing Equipment, Yogurt Processing Equipment, Butter Processing Equipment, Ice Cream Processing Equipment) by Applications (Processed Milk, Cheese, Yogurt, Butter and Butter Blends, Cream and Cream Products, Ice Cream and Frozen Desserts)

Report ID :
3545

Publisher ID :
theinsightbridge

Published :
2023-06-15

Pages :
213

Purchase Option
$4500

Dairy Processing Equipment Market Introduction 

The dairy processing equipment market includes machinery and equipment used for various processes involved in the production of dairy products such as milk, cheese, yogurt, cream, and others. The equipment is used in processing, pasteurization, homogenization, filling, and packaging of dairy products. The dairy processing equipment market is primarily driven by the increasing demand for dairy products and the need for process automation and optimization to improve efficiency and reduce operational costs. The growing consumer preference for healthy and nutritious dairy products is also a major factor driving the market growth. The market includes various types of equipment such as homogenizers, separators, pasteurizers, evaporators, cheese vat, and others, and is used in various dairy processing plants including small, medium, and large-scale dairy processing plants. The dairy processing equipment market is expected to grow steadily in the coming years due to the growing demand for dairy products and technological advancements in the equipment.

Dairy Processing Equipment Market Size

The global dairy processing equipment market size was valued at USD 9.70 billion in 2020 and is projected to reach USD 12.86 billion by 2026, at a CAGR of 4.9% during the forecast period. The market growth is attributed to the increasing demand for dairy products, particularly in emerging economies, along with the need for process optimization and automation to improve efficiency and reduce operational costs. Additionally, the growing popularity of dairy-based protein products and the rising demand for plant-based dairy alternatives are expected to create opportunities for the dairy processing equipment market. The Asia Pacific region is expected to witness the highest growth rate in the coming years due to the increasing demand for dairy products in countries like India, China, and Japan, along with the growing investments in the dairy industry in the region.

Dairy Processing Equipment Market Share

The dairy processing equipment market is highly competitive and is characterized by the presence of several key players. Some of the leading players in the market include GEA Group AG, Tetra Laval International S.A., SPX FLOW Inc., Alfa Laval AB, Krones AG, IMA Group, JBT Corporation, Feldmeier Equipment Inc., Scherjon Dairy Equipment Holland B.V., and IDMC Limited. These players are focusing on product innovation, collaborations, and partnerships to strengthen their market position and expand their customer base.The market share of the dairy processing equipment market is dominated by the milk processing segment, which accounted for a revenue share of over 50% in 2020. The market share of the cheese processing segment is also expected to grow significantly due to the increasing demand for cheese products worldwide. Region-wise, the Asia Pacific region is expected to hold the largest market share during the forecast period due to the growing demand for dairy products and the increasing investments in the dairy industry in the region.

Dairy Processing Equipment Market Trends

Some of the key trends in the dairy processing equipment market include:

Increasing adoption of automation and digitalization: With the increasing need for process optimization and efficiency, dairy processing companies are increasingly adopting automation and digitalization in their operations. This trend is expected to drive the demand for advanced dairy processing equipment that is capable of integrating with digital systems and providing real-time data on production processes.

Growing popularity of plant-based dairy alternatives: The rising demand for plant-based dairy alternatives, driven by health and environmental concerns, is expected to create opportunities for the dairy processing equipment market. Companies are investing in the development of new processing equipment that is capable of processing plant-based ingredients to create dairy alternatives with similar taste and texture to traditional dairy products.

Focus on sustainable and energy-efficient equipment: With the increasing focus on sustainability and reducing carbon emissions, dairy processing companies are looking for equipment that is energy-efficient and has a lower environmental impact. This trend is expected to drive the demand for equipment that uses renewable energy sources and has lower water consumption.

Increase in mergers and acquisitions: In recent years, there has been an increase in mergers and acquisitions in the dairy processing equipment market. This trend is expected to continue as companies look to expand their product offerings and strengthen their market position through strategic partnerships and collaborations.

Dairy Processing Equipment Market Driving Factors

Some of the key driving factors for the dairy processing equipment market include:

Rising demand for dairy products: The growing population and increasing disposable incomes have led to a rise in demand for dairy products such as milk, cheese, yogurt, and butter. This trend is expected to drive the demand for dairy processing equipment that can efficiently process milk and other dairy products.

Technological advancements: The dairy processing equipment market is experiencing a surge in technological advancements, which has led to the development of more advanced and efficient equipment. These advancements have led to increased automation, better control of processes, and reduced energy consumption, driving the demand for new dairy processing equipment.

Focus on food safety: With growing concerns over food safety and hygiene, dairy processing companies are investing in equipment that can ensure the safety and quality of dairy products. This trend is expected to drive the demand for advanced dairy processing equipment that can prevent contamination and ensure high levels of hygiene.

Government regulations: Government regulations on food safety and quality are becoming increasingly strict, and dairy processing companies must comply with these regulations. This trend is expected to drive the demand for equipment that can meet the regulatory requirements and ensure that dairy products are safe for consumption.

Increase in dairy exports: The demand for dairy products is growing globally, and many countries are exporting dairy products to meet this demand. This trend is expected to drive the demand for dairy processing equipment as companies expand their production capacities to meet the growing demand for dairy products.

Dairy Processing Equipment Market Regional Analysis

The dairy processing equipment market can be segmented by region into North America, Europe, Asia Pacific, and Rest of the World.

North America: The North American dairy processing equipment market is expected to witness significant growth due to the presence of a large number of dairy processing companies and a growing demand for dairy products in the region. The United States is the largest market in North America due to its large dairy industry.

Europe: The European dairy processing equipment market is expected to grow steadily due to the well-established dairy industry and increasing demand for dairy products in the region. Countries such as Germany, France, and the United Kingdom are major contributors to the market growth in this region.

Asia Pacific: The Asia Pacific dairy processing equipment market is expected to witness significant growth due to the increasing demand for dairy products in countries such as China and India. The region is also witnessing a rise in the number of dairy processing companies and increasing investments in the dairy processing industry.

Rest of the World: The rest of the world dairy processing equipment market is expected to grow at a moderate rate due to the increasing demand for dairy products in developing countries such as Brazil and South Africa. The market in this region is driven by the growing population, increasing disposable incomes, and changing dietary habits.Overall, the dairy processing equipment market is expected to witness significant growth globally, driven by the increasing demand for dairy products and technological advancements in dairy processing equipment.

Dairy Processing Equipment Market Forecasts 2030 

The global dairy processing equipment market size was valued at USD 9.34 billion in 2020 and is expected to reach USD 13.67 billion by 2030, growing at a CAGR of 3.9% during the forecast period from 2021 to 2030.The rising demand for dairy products such as cheese, yogurt, milk, and butter, coupled with the increasing trend of health and wellness, is driving the growth of the dairy processing equipment market. Additionally, technological advancements in dairy processing equipment and increasing investments in the dairy processing industry are expected to contribute to the market growth.The Asia Pacific region is expected to witness the highest growth during the forecast period due to the increasing demand for dairy products in countries such as China and India. The market in North America and Europe is also expected to witness significant growth due to the presence of a large number of dairy processing companies and a growing demand for dairy products in these regions.Overall, the dairy processing equipment market is expected to witness steady growth during the forecast period, driven by the increasing demand for dairy products and advancements in dairy processing equipment technology.

Dairy Processing Equipment Market Key Industry Players

Some of the key players operating in the global dairy processing equipment market include:

Tetra Laval International S.A.

GEA Group AG

SPX FLOW Inc.

Alfa Laval AB

Krones AG

IMA Group

Feldmeier Equipment Inc.

JBT Corporation

Paul Mueller Company

KADY International

These companies are focusing on product innovation, partnerships, and collaborations to expand their market presence and stay competitive in the market. They are also investing in research and development activities to introduce new technologies in the market and meet the evolving needs of consumers.

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