Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.75 Billion | USD 18.37 Billion | 5.5% | 2024 |
The global dairy processing equipment market size was worth around USD 10.75 Billion in 2024 and is predicted to grow to around USD 18.37 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 5.5% between 2025 and 2034. The report analyzes the global dairy processing equipment market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the dairy processing equipment industry.
Milk is a nutritious food product and possesses short lifespan, and hence is needed to be handled carefully. It is highly perishable and is a good medium for the growth of microorganisms. Dairy processing equipment allows milk to be preserved for the longer period; hence, it reduces the chances of food-borne diseases. Dairy processing equipment is widely used to process milk and production of various milk products such as butter, cream, yogurt, cheese, and others. This processing equipment is globally used in the dairy industries as consumers demand nutritional and packaged dairy products has increased.
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The shift of preferences from raw milk to processed milk also created off-farm jobs such as marketing, the collection of milk, transportation, and processing of milk.
Consumer preferences for healthy products with low cholesterol, low fat, low sugar, and availability of new flavors drive the dairy processing equipment market. A major driver of the global dairy processing equipment market is the rise in the dairy production and change of taste & preferences of consumers. However, key dairy manufacturers in dairy processing equipment market focus on new launches, technological advancements, and technologically advanced dairy processing equipment, which is anticipated to fuel the growth of the global market. Increasing disposable income, changing lifestyle and increase in demand for healthy dairy products is expected to fuel the demand for dairy processing equipment.
The global dairy processing equipment market is segregated based on the application as milk powder, protein concentrates, yogurt, cheese, cream, and others.
On the basis of types, the global market is fragmented as pasteurizers, homogenizers, membrane filters, separators, churning equipment, dryers, and others.
By End-user, the global dairy processing equipment market is split into Dairy Farms, Dairy Processing Plants, Food & Beverage Industry.
Moreover, the global market is classified based on geography as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Report Attributes | Report Details |
---|---|
Report Name | Dairy Processing Equipment Market |
Market Size in 2024 | USD 10.75 Billion |
Market Forecast in 2034 | USD 18.37 Billion |
Growth Rate | CAGR of 5.5% |
Number of Pages | 110 |
Key Companies Covered | A&B Process systems, SPX Corporation, GEA group, Feldmeier Equipment, Inc., the Krones group, Alfa Laval Corporate AB, Tetra Laval group, and IDMC Limited, among others., and others. |
Segments Covered | By Equipment Type, By Application, By End-user, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific is the leading region major imports of dairy products. In addition, China acts as a lucrative market for international dairy processors benefitting from the rising consumer demand that may drive the global dairy processing equipment market in the coming years. However, growth in the dairy processing equipment in this region is owing to rising disposable income and increase in population. Further, technological advancements and new strategies adopted by the key players such as collaborations, company expansions, product launches, and others may fuel the global market.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the dairy processing equipment market on a global and regional basis.
The global dairy processing equipment market is dominated by players like:
The global dairy processing equipment market is segmented as follows;
By Equipment Type
By Application
By End-user
By Region
FrequentlyAsked Questions
With public health awareness of the benefits of dairy products growing, refined dairy products are attracting interest in international markets. In addition, the increase in favourable government policies to help the dairy industry's growth and development is expected to fuel the demand for dairy processing equipment in the near future.
The global dairy processing equipment market is expected to grow due to rising global dairy consumption, automation in dairy processing, and increasing demand for value-added dairy products.
According to a study, the global dairy processing equipment market size was worth around USD 10.75 Billion in 2024 and is expected to reach USD 18.37 Billion by 2034.
The global dairy processing equipment market is expected to grow at a CAGR of 5.5% during the forecast period.
North America is expected to dominate the dairy processing equipment market over the forecast period.
Leading players in the global dairy processing equipment market include A&B Process systems, SPX Corporation, GEA group, Feldmeier Equipment, Inc., the Krones group, Alfa Laval Corporate AB, Tetra Laval group, and IDMC Limited, among others., among others.
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