Dallas, Texas, May 28, 2021 (GLOBE NEWSWIRE) -- The “Dairy Processing Equipment Market by Type (Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators & Dryers, Membrane Filtration Equipment), Operation (Automatic and Semi-Automatic), Application, and by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Global Forecast, 2018 to 2028” study provides an elaborative view of historic, present and forecasted market estimates.
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The global dairy processing equipment market size is projected to reach nearly USD 14.3 billion by 2028. Additionally, the market is forecasted to grow a CAGR of above 5.4% over the forecast period of 2020-2028. The industry has a promising growth potential due to a number of reasons, including increased automation in dairy product processing and increasing supply and consumption of milk and other dairy products. The expansion of the global market in North America has been fueled by technological advances and a considerably higher intake of dairy products. Demand for dairy products such as milk, cream, cheese, milk powder, and yogurt has also aided the development of the dairy processing equipment industry. According to the International Dairy Federation, the COVID-19 pandemic has had a major effect on dairy production machinery and other associated sectors.
The report also outlines the various characteristics of the global dairy processing equipment industry by assessing the market from value chain analysis. Moreover, the dairy processing equipment market report comprises various qualitative parts of the dairy processing equipment industry in market restraints, essential industry drivers, and opportunities. Furthermore, the report provides a complete assessment of the market through company profiling and the competitiveness of the local as well as global vendors.
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The dairy processing equipment market has huge competition amongst the already well-known and new market players. Also, the dairy processing equipment industry players are pursuing potential markets to seize a competitive lead among the other industry players by forming mergers & acquisitions, agreements, acquiring other companies & new startups, establishing collaboration & partnerships, and growing their business existence.
Pasteurized milk is pasteurized by heating it to a minimum of 161°F for 15 seconds or 145°F for 30 minutes to kill pathogens. The same is wrapped in a sterile and sanitized setting. Another kind of refined milk is ultra-pasteurized milk. The milk is heated to a minimum of 280°F for 2 seconds in this method of pasteurization. After that, the milk is packaged in near-sterile conditions, making it difficult for spoilage bacteria to contaminate it again. Any of these kinds of milk must be kept refrigerated.
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The growing concern about the safety of dairy-based goods, especially in light of the current COVID-19 pandemic, has increased consumer demand for pasteurizers. Pasteurizers destroy bacteria by treating them with both heat and cold at the same time. Batch pasteurizers, high-temperature short-time pasteurizers, and ultra-high temperature pasteurizers are among the various types of pasteurizers available. Owing to the full closure of national and regional borders, the distribution and supply chain for the dairy machinery industry has been interrupted. Steel is mostly procured as a raw material from Germany, India, and Japan by the firms.
The major players of the global dairy processing equipment market are GEA Group (Germany), Krones AG (Germany), Tetra Laval International S.A. (Switzerland), SPX FLOW, Inc (US), Alfa Laval Corporate AB (Sweden), John Bean Technologies Corporation (US). The major players in the market comes up with some of the developments to enhance the market growth in the global industry.
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Major Points from Table of Contents:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Dairy Processing Equipment Market by Type, 2018-2028 (in USD Billion)
Chapter 6 Dairy Processing Equipment Market by Application, 2018-2028 (in USD Billion)
Chapter 7 Dairy Processing Equipment Market by Operation, 2018-2028 (in USD Billion)
Chapter 8 Dairy Processing Equipment Market by Region, 2018-2028 (in USD Billion)
Chapter 9 Competitive Landscape
Chapter 10 Company Profiles
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