Dairy Processing Equipment Market: Global Industry Analysis and Opportunity Assessment 2018-2024 GMI Estimate

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Dairy Processing Equipment Market worth over 13
bn by 2024
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Key Insights from Dairy Processing Equipment
Market

• Dairy Processing Equipment Market size is set to
  surpass USD 13 billion by 2024 according to a
  new research report by Global Market Insights,
  Inc. Growth in geriatric population accompanied
  by prevailing health conditions including joint
  issues, obesity, diabetes, calcium deficiency has
  increased milk milk products consumption which
  is likely to drive dairy processing equipment
  market size. Rise in food fortification trends
  with nutritional additives and flavors without
  compromising quality standards will favor market
  growth.
• Favorable government policies supported by
  financial assistance for animal husbandry and
  dairy industry to increase milk goods production
  will promote product demand. Moreover,
  supporting regulatory amendments by EU Commission
  pertaining to removal of milk quota leading to
  rise in milk production in Europe may act as
  major contributing factor towards dairy
  processing equipment market growth.
• Rising emphasis on modern technologies for
  automation which will facilitate end to end
  visibility of the production process with
  consistency, user -friendly operations to
  minimize quality issues will drive dairy
  processing equipment industry growth. Innovative
  approach including data driven manufacturing
  which will increase milk and dairy products
  output and safety with effectively utilizing
  companys capabilities and infrastructure.

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Continued...

• Dairy processing equipment market size from cream
  application is poised to surpass 26 thousand
  units by 2024. Accelerating demand for
  innovative desserts with nutritive value
  supported by growth in low fat and low sugar
  products to adopt healthy diets balancing taste
  will fuel product demand in this application.
• India dairy processing equipment market size was
  USD 1.95 billion over the foreseeable timeframe.
  Rising economies of scale for milk products
  supported by adoption of sustainable dairy
  techniques is likely to positively impact product
  demand.
• U.S. dairy processing equipment market size from
  cheese application will witness significant gains
  at 4. Shifting dietary preferences has led to
  consumption fast food supported by Presence of
  prominent cheese manufacturing companies in this
  region will contribute towards regional product
  demand.
• Global dairy processing equipment market share is
  moderately consolidated with key five players
  including Alfa Laval Corp, Krones Group, AB
  Processing Systems, GEA Group, and Tetra Laval
  accounting for majority of the market share.
  Other prominent industry participants include
  IDMC, ISF Industries, Feldmeier Equipment,
  Agrometal Ltd., and SPX Corp.

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U.S. Dairy Processing Equipment Market Size, By
Product, 2017 2024, (Units)

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