Global Dairy Processing Equipment Industry was valued at USD 9.3 Billion in the year 2017. Global Dairy Processing Equipment Industry is further estimated to grow at a CAGR of 5.5% from 2019 to reach USD 14.02 Billion by the year 2025. Asia Pacific region holds the highest Industry share in 2017 and Europe is considered as the fastest growing Industry in the forecasted period. At a country level U.S., and Germany are the major industries in across region and holds a substantial Industry share in 2017 and this trend is projected to grow at a gradual pace in the coming years.
The Industry is segmented by type, application, and geography. By type, Industry is sub-segmented into Pasteurizer, Homogenizers, Separators, Evaporators & Dryers, and Membrane Filtration Equipment. In the year 2017, Evaporators & Dryers generated the highest revenue in the global Industry. However, in the cheese industry, membranes sub-segment is anticipated to exhibit the highest growth during the forecast period.
Major market players in Dairy Processing Equipment Industry are SSP Pvt Ltd, IDMC Ltd, Inoxpa SA, A&B Process Systems, Sealtech Engineers, GEA Group, Alfa Laval Corporate AB, Feldmeier Equipment Inc., Gemak Ltd., Van den Heuvel Dairy & Food Equipment B.V., and brief information of 10 companies will be provided in the research report.
SWOT Analysis of Dairy Processing Equipment Industry:
Growth in Automation offered by Processing Equipment
Higher Cost & Growing Power Consumption
Support & Funding provided by various Governments for Small-Scale Dairy Processors
Concerns of high Capital Investment and slow ROI
Based on application, the Industry is segmented into Processed Milk, Cream, Milk Powders, Cheese, and Protein Concentrates. Among these, Milk segment dominated the Industry in terms of revenue in 2017 and Cheese segment is projected to continue to grow at the highest CAGR throughout the forecast period.
Dairy Processing Equipment Industry Segmentation:
• Evaporators & Drying Equipment
• Membrane Filtration Equipment
• Processed Milk
• Milk Powder
• Protein Ingredients
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa