Dairy Processing Equipment Global Market Report 2022

Dairy Processing Equipment Global Market Report 2022

  • June 2022 •
  • 175 pages •
  • Report ID: 6284337 •
  • Format: PDF
Major players in the dairy processing equipment market are Tetra Pak, GEA Group AG, Krones AG, SPX Flow Inc., Alfa Laval, JBT Corporation, Feldmeier Equipment INC., Scherjon Dairy Equipment Holland B.V., Jimei Food Machine Co. Ltd., Tecnal, Marlen International Inc., Isf Industries Private Limited, Paul Mueller Company, IMA Group, Shanghai Joylong Industry Co. Ltd., and Stephan Machinery Gmb.

The global dairy processing equipment market is expected to grow from $8.96 billion in 2021 to $9.91 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The dairy processing equipment market is expected to reach $12.77 billion in 2026 at a CAGR of 6.5%.

The dairy processing equipment market consists of sales of dairy processing equipment by entities (organizations, sole traders, and partnerships) that are used to process the dairy products.The dairy processing equipment is used to keep milk and milk products fresh for many days by storing, filtering, pasteurizing standardization, heating, chilling, and homogenizing the product.

Dairy processing equipment is required to preserve milk and milk products, extend their shelf life, and prevent diseases and germs from growing.

The main types of dairy processing equipment are pasteurizers, homogenizers, evaporators, separators, membrane filtration equipment, and others. The pasteurizers are used to heat the milk at 71.7°C for at least 15 seconds to make it ready for storing or another processing. The various operation types include automatic and semi-automatic and are used in several applications such as processed milk, butter, cheese, milk powder, and protein ingredients.

Asia-Pacific was the largest region in the dairy processing equipment market in 2021.Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The regions covered in the dairy processing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing consumption of dairy products is expected to propel the growth of the dairy processing equipment market going forward.Dairy products are obtained from the milk of mammals and include a variety of products such as cheese, butter, and yogurt that are processed from raw milk.

Dairy products are perishable and require processing to prevent the growth of harmful microorganisms to increase the shelf life. For instance, according to The Food and Agriculture Organization of the United Nations, the consumption of dairy products is expected to increase by 2.3% per year and is expected to reach 108kg per capita in 2028 in India. Therefore, the increasing consumption of dairy products is driving the growth of the dairy processing equipment market.

Technological advancements have emerged as a key trend gaining popularity in the dairy processing equipment market.Major companies operating in the dairy processing equipment sector are focused on developing new technological solutions to strengthen their position.

For instance, in September 2019, Arla, a Denmark-based dairy company introduced a natural, preservative-free supercooling technology to enable international transport of fresh dairy products. This innovative cooling tool will overcome the destruction of products by freezing and flying.

In April 2019, Caloris Engineering LLC, a US-based company that designs evaporation, spray drying, and membrane separation technologies acquired Seitz Stainless for an undisclosed amount.Through this acquisition, Caloris will be able to expand in-house manufacturing skills, and the merged company will serve as a one-stop-shop for designing and manufacturing dairy, food, and wastewater processing equipment.

Seitz Stainless is a US-based company that manufactures stainless steel and high alloy-based processing equipment for dairy products.

The countries covered in the dairy processing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.