Dairy Processing Equipment Market to grow USD 13
Bn by 2024: Global Market Insights Inc.
The research report Dairy Processing Equipment Market Size By Product
(Membrane Filtration Equipment, Homogenizers, Mixing & Blending Equipment,
Pasteurizers, Separators, Evaporators & Dryers), By Application (Processed
Milk, Milk Powder, Cream, Cheese, Protein Concentrates, Yogurt, Others),
Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany,
UK, France, Italy, Russia, Spain, Netherlands, China, India, Japan, South Korea,
Thailand, Malaysia, Australia, New Zealand, Brazil, Argentina, Saudi Arabia,
UAE, South Africa), Application Potential, Price Trend, Competitive Market
Share & Forecast, 2018 – 2024 by Global Market Insights, Inc. says, Global Dairy
Processing Equipment Market size is set to exceed USD 13 Billion by 2024
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. Processing equipment helps in making
product stable and increase its shelf life, thus gaining consumer acceptance.
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 company’s capabilities and
infrastructure, thus reducing total cost of ownership.
Dairy processing equipment market size from protein concentrates application may
reach up to 21 thousand units by 2024. Growth in consumer consciousness towards
health management supported by daily exercise routine has increased demand for
protein products which will favor product demand.
High capital investments in installation, infrastructure capabilities, automation
technologies and maintenance will hamper industry profitability, thus affecting dairy
processing equipment market price trends. Moreover, high amount of waste generated
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