The global dairy processing equipment market is
anticipated to reach USD 14.84 billion by 2025, according to a new report by
Grand View Research, Inc.Favorable regulatory scenario and removal of milk
quota in the European Union, are anticipated to favor industry growth.
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The industry is expected to grow at a robust pace
over the forecast period. A broad range of diverse products and rising
importance of automation process in dairy products is expected to surge the
demand for processing equipment. Milk processing companies are trying to reduce
the production cost for processing milk and other dairy products to gain
profitability.
The players present in the industry are trying to
develop new and improved technologies to gain a competitive edge on other
players. Major players are shifting towards process automation for reducing
direct labor cost, improving quality, increasing productivity, maintaining
consistently, and eliminating contamination source. Market players are also
developing new and improved technology such as rumination sensors & cow
activity system, robotic milking systems technology, and regular calf feeder
technologies to enhance the productivity in dairy industry.
The global demand for homogenizers type in the
industry is growing rapidly owing to various advantages of the products.
Helping in reducing the bacterial & others microbiological activity,
increasing the shelf life, and improving properties such as color, flavor,
consistency, taste & texture of a product are some of its advantages. These
factors are expected to support the growth of the homogenizers market over the
forecast period.
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Further
key findings from the report suggest:
- The global demand for dairy processing equipment market was valued at USD 8.84 billion in 2016. The market is anticipated to reach USD 14.84 billion by 2025, while growing at a CAGR of 6.0% from 2017 to 2025.
- Pasteurizers segment dominated the market in 2016 followed by homogenizers segment
- Cheese is the largest application segment in 2016 and is projected to follow the same growth trend over the forecast period. The segment is expected to grow at a CAGR of 6.0% over the forecasted period.
- Asia Pacific region is anticipated to have the fastest growth. The region is projected to grow at a CAGR of 6.4% over the forecast period.
- Some of the major players in the industry include SSP Pvt Limited, Inoxpa SA, GEA Group, Alfa Laval Corporate AB, IDMC Limited, A&B Process Systems, Feldmeier Equipment, Inc., Sealtech Engineers, Gemak Ltd., and Van den Heuvel Dairy & Food Equipment B.V.
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Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
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