Global Dairy Processing Equipment Strategic Business Report 2023: Rising Demand for Dairy Ingredients Boosts Growth


Dublin, July 03, 2023 (GLOBE NEWSWIRE) -- The "Dairy Processing Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Dairy Processing Equipment estimated at US$9.4 Billion in the year 2022, is projected to reach a revised size of US$15 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.

Pasteurizers, one of the segments analyzed in the report, is projected to record a 7% CAGR and reach US$4.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Homogenizers, Mixers, & Blenders segment is readjusted to a revised 6.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 7.2% CAGR

The Dairy Processing Equipment market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 5% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.6 Billion by the year 2030.

Select Competitors (Total 152 Featured) -

  • Alfa Laval Corporate AB
  • Coperion GmbH
  • GEA Group Aktiengesellschaft
  • Feldmeier Equipment, Inc.
  • Gemak Ltd.
  • I.M.A. Industria Macchine Automatiche S.p.A.
  • IDMC Limited
  • INOXPA USA, INC.
  • JBT Corporation
  • Krones AG
  • Scherjon Dairy Equipment Holland B.V.
  • Sealtech Engineers Private Limited
  • SPX Corporation
  • SSP Private Limited
  • Tetra Laval Group

Key Attributes:

Report AttributeDetails
No. of Pages658
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$9.4 Billion
Forecasted Market Value (USD) by 2030$15 Billion
Compound Annual Growth Rate6.0%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Dairy Processing Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Changing Dietary Patterns and Emphasis on High-Nutrition Products Amidst Pandemic Drive Dairy Consumption
  • Consumers Turn to Dairy-Based Functional Yogurt & Drinks
  • Companies Catering to Food Service Outlets Shift Gears for Resilience
  • Food Service Industry Hit Hard by the COVID-19 Pandemic: YoY Change (in %) in Number of Daily Seated Diners at Restaurant due to Outbreak during February-July 2020
  • Unsettling Dairy Demand Patterns to Impact Dairy Processing Equipment Market amid COVID-19
  • Dairy Products: A Segment in the Food Industry
  • Dairy Processing Equipment: Integral Part of Dairy Processing Industry
  • Global Market Prospects & Outlook
  • Pasteurizers: Leading Equipment Type in the Global Market
  • Processed Milk Emerges as the Largest Application Market
  • Asia-Pacific Emerges as the Leading Regional Market in Dairy Processing Equipment Market
  • Competition
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Healthy Rise in Demand for Various Types of Dairy Products to Fuel Demand for Dairy Processing Equipment
  • Global Production of Milk, Butter and Cheese (in kt pw) by Developed and Developing Countries for Average 2018-20, 2021 and 2030
  • Global Production of Milk and Milk Products (in Thousand Tonnes of Milk Equivalent) by Region for 2016-18 Average, 2019 and 2020
  • Global Butter Exports ('000 Tonnes) by Region/Country for 2019 and 2020
  • Global Cheese Exports ('000 Tonnes) by Region/Country for 2019 and 2020
  • Dairy Processing Industry Trends Impact Market Prospects
  • Key Factors Influencing Future Development of Dairy Processing Industry
  • Consumer Trends, Digital Capabilities to Impact Dairy Industry Dynamics
  • Rising Importance of Automation & Robotics for Dairy Processing Equipment Industry
  • Innovations and Technology Advancements in Dairy Processing Equipment to Boost Market Prospects
  • Rising Demand for Dairy Ingredients Boosts Equipment Market
  • Major Applications of Whey Protein Concentrates in Food Industry
  • Whey Protein Ingredients: An Important Ingredient in Functional Foods and Sports Nutrition Products
  • Nano Whey Proteins: Opportunities in Beverage Formulations
  • Cheese: An Important Segment of the Dairy Processing Equipment Market
  • Annual Per Capita Consumption of Cheese (in Kg) by Select Countries
  • COVID-19 Ripples Prompt Cheese Producers & Clients to Shift Gears for Survival
  • Ranking of Reasons Cited for Cheese Consumption Amid the Pandemic
  • Rising Consumption of Cheese Powder Fuels Demand for Processing Equipment
  • Global Cheese Powder Market Size (in US$ Million) for the Years 2019, 2021, 2023 and 2025
  • Longer Shelf Life Attribute Drives Market for Milk Powders, Presenting Opportunities for Processing Equipment
  • Whole Milk Powder Exports ('000 Tonnes) by Region/Country for 2019 and 2020
  • Skim Milk Powder Exports ('000 Tonnes) by Region/Country for 2019 and 2020
  • Growing Cost of Energy and Power for Processing Equipment Shifts Focus onto Energy Efficient Equipment
  • Pasteurization Equipment: Concerns over Safety of Dairy Products Fuel Demand
  • Growing Role of Homogenizers, Mixers & Blenders in Dairy Processing Industry
  • Widening Applications of Membrane Separation Technology Augurs Well for Membrane Filtration Equipment Market
  • HPP Equipment Gains Popularity in Producing Dairy Products
  • After Sales Services: A Critical Demand of Dairy Processors to Ensure Operational Efficiencies
  • Dairy Products for Lactose Intolerance Present Opportunities for Equipment Makers
  • Global Lactose-Free Dairy Products Market by Product (in %) for 2020
  • Lactose Content of Dairy and Select Dairy Products
  • Perceived Health Benefits and Lactose-Intolerance Drive Sales of Lactose-free Cheese
  • Evolving Food Service Industry and Rising Demand for Dairy Products to Influence Demand Trends in Dairy Processing Equipment Market
  • Global Fast Food & Quick Service Restaurant Market Size (in US$ Billion) for 2019, 2022 & 2025
  • Innovative Packaging and Target-Based Promotions to Drive Dairy Products, Presenting Opportunities for Equipment Market
  • Favorable Demographic & Economic Trends Strengthen Market Prospects
  • Ballooning Global Population
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Urbanization Trend
  • World Urban Population in Thousands: 1950-2050P
  • Burgeoning Middle Class Population
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
  • Challenges Facing Dairy Processing Equipment Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/9ao2di

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Global Market for Dairy Processing Equipment

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