Dairy Processing Equipment Market size to exceed $15.7bn by 2027

Dairy Processing Equipment Market size is set to surpass USD 15.7 billion by 2027, according to a new research report by Global Market Insights Inc.
 

Dairy processing equipment includes filtration equipment, evaporators & dryers, mixing & blending equipment, pasteurizers separators, homogenizers used for various operations. They are used to solve the challenges faced by milk makers, such as improper heating, the unpleasant aroma of milk, and rancidification of ingredients.
 

Dairy processing plants offer functional and innovative products as well as solutions to meet the growing demand for dairy products. Factors such as increased demand for dairy products, increased production on dairy farms, changing customer tastes and preferences, and a growing desire for healthier and more appetizing dairy products will accelerate milk processing industry and ultimately demand for dairy processing equipment across the world.

Increasing adoption of automation in dairy processing industry along with the growing demand for fortified dairy products is expected to favor the industry expansion. Automation helps to improve the efficiency and reduce the cost of operations for dairy products makers. It also helps to increase productivity deliver high-quality products with precise specifications as per customer’s need.
 

Increasing consumption of milk and other dairy products will boost demand of pasteurizers

According to the Food and Agriculture Organization of the United Nations, the global milk production reached nearly 906 million tons in 2020, which is 2% higher as compared in 2019. The global dairy trade is increased by 1.2% due to significant increase in demand from Asian and Middle Eastern countries such as China, Algeria, Saudi Arabia, and Brazil. Increasing consumption of milk and other dairy products is expected to flourish the dairy processing equipment market statistics.

Dairy processing equipment market from pasteurizers exceeded USD 3 billion in 2020 and is expected to grow at a CAGR of around 6.5% during the forecast period. Pasteurizer heats milk to a temperature below the boiling point for a period of time to destroy the bacteria in it. Pasteurization involves a heat treatment process and simultaneous exposure to very low temperatures. This destroys toxic microorganisms and inactivates any potential disease-causing spores. Efficiently equipped milk pasteurizers ensure higher quality production of dairy products thereby experiencing highest demand among other equipment.

Browse key industry insights spread across 280 pages with 190 market data tables and 45 figures & charts from the report, “Dairy Processing Equipment Market Forecasts By Product (Membrane Filtration Equipment, Homogenizers, Mixing & Blending Equipment, Pasteurizers, Separators, Evaporators & Dryers), Application (Processed Milk, Milk Powder, Cream, Cheese, Protein Concentrates, Yogurt), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/dairy-processing-equipment-market
 

Increasing demand of processed milk will boost dairy processing equipment industry during the forecast period

Dairy processing equipment market from processed milk is projected to reach over USD 5.7 billion by 2027. Processed milk includes various products such as standardized milk, skimmed milk, pasteurized milk, ultra-high-temperature (UHT) milk, reconstituted milk, and fortified milk. During the processing of these products the fat content is adjusted and fortified with vitamins such as A and D, flavors and other nutrients. They are the rich source of protein loaded with calcium, phosphorous, vitamins & minerals and have extended shelf life as compared to fresh milk and thus preferred by consumer.
 

They are also used in processing various products such as cottage cheese, ricotta cheese and quark, bakery & confectionery, prepared mix, and other recipes. Growing utilization in food processing and foodservice sector will boost the demand of processed milk thereby supporting the growth of dairy processing machinery & equipment.
 

Asia Pacific market demand is driven by increasing consumer spending on fortified dairy products

Asia Pacific dairy processing equipment market exceeded USD 3.4 billion in 2020 and is expected to register around 6% CAGR between 2021 and 2027. According to FAO, the milk output in Asia Pacific rose by 2.6% accounting for 379 million tons in 2020 as compared to 2019. The growth is principally driven by expansion of production facilities in India  China, Pakistan, Japan, and other Asian countries. Growing exports of milk and dairy products such as cheese, butter, yogurt, etc. from these countries to global market has accelerated the need of highly advanced and efficient dairy processing equipment thus boosting the regional market outlook.
 

Growth of the market is also attributed to the increasing consumer spending on functional foods and fortified dairy products owing to the growing health-consciousness, increasing disposable income, and changing dietary patterns. Consumers from Asia Pacific are becoming more health conscious and seeking for healthy and convenient food products thus including fortified dairy products such as protein shakes, milk and yogurt in their daily diet which is escalating the dairy processing equipment market size in Asia Pacific.  
 

The prominent players operating in the market are also focusing on adopting various business strategies such as investing in R&D activities, new product development, business expansion, collaborations/partnerships to gain competitive edge in the global business. Alfa Laval Corp., GEA Group, Tetra Laval International, A&B Processing Systems, Agrometal Ltd. and The Krones Group, are some of the major players in the global dairy processing equipment market.