Market Size of Dairy Processing Equipment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.21 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Dairy Processing Equipment Market Analysis
Dairy processing equipment market is projected to grow at a CAGR of 5.21% during the forecast period (2020-2025).
- The long-term growth and outlook for dairy products and its equipment is positive, given the new product development and portfolio expansion, the dairy equipment market is thriving on growing demands for healthful indulgent products.
- The growth in the demand for functional dairy-based ingredients and convenient products, such as protein concentrates, whey-based supplements are driving the sales of drying and dehydration systems. The sales growth of fortified dairy products, in the form of infant nutrition and geriatric nutrition formulae, demanding highest level of purity has intensified the sales of filtration systems.
- The fortification trend has also amplified the demand and consequent sales of mixing and blending equipment.
Dairy Processing Equipment Industry Segmentation
The dairy processing equipment market is segmented into thermal treatment system, homogenizers, dairy centrifuges and separators, evaporators and dryers, filtration systems, mixing and blending equipment and other equipment. By Geography, the market is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa.
Dairy Processing Equipment Market Size Summary
The dairy processing equipment market is experiencing a positive growth trajectory, driven by the increasing demand for healthful and indulgent dairy products. This demand is fueling the development and expansion of new products, particularly in the realm of functional dairy-based ingredients and convenient offerings like protein concentrates and whey-based supplements. The market is seeing a rise in the sales of drying and dehydration systems, as well as filtration systems, due to the growing popularity of fortified dairy products such as infant and geriatric nutrition formulae. The trend towards fortification has also boosted the demand for mixing and blending equipment. Homogenizers are becoming increasingly important in dairy processing, with key industry players launching innovative models to meet diverse application needs. Continuous innovation in equipment is a significant driver of market growth.
The Asia-Pacific region holds the largest share of the dairy processing equipment market, supported by a high number of dairy processing plants and substantial milk production in countries like India, China, and Pakistan. Dairy products in this region are a convenient and cost-effective protein source, leading to increased availability and geographic penetration. Traditional dairy-based drinks remain dominant, driving the demand for plate and tubular heat exchangers. The strong market for dairy-based powders, particularly in Thailand, China, and Singapore, is propelling the growth of efficient drying and dehydration systems. However, the global market faces challenges such as high operating costs, prompting companies like Tetra Pak to introduce energy-efficient solutions and plant management services. Strategic acquisitions, such as Tetra Pak's purchase of Big Drum Engineering GmbH, are also being pursued to enhance expertise in specific equipment types.
Dairy Processing Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Equipment Type
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2.1.1 Thermal Treatment System
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2.1.2 Homogenizers
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2.1.3 Dairy Centrifuges and Separators
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2.1.4 Evaporators and Dryers
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2.1.5 Filtration Systems
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2.1.6 Mixing and Blending Equipment
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2.1.7 Other Equipment
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.1.4 Rest of North America
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2.2.2 Europe
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2.2.2.1 Spain
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2.2.2.2 United Kingdom
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2.2.2.3 Germany
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2.2.2.4 France
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2.2.2.5 Italy
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2.2.2.6 Russia
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2.2.2.7 Rest of Europe
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2.2.3 Asia Pacific
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2.2.3.1 China
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2.2.3.2 Japan
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2.2.3.3 India
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2.2.3.4 Australia
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2.2.3.5 Rest of Asia-Pacific
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Middle East and Africa
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2.2.5.1 South Africa
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2.2.5.2 Saudi Arabia
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2.2.5.3 Rest of Middle East and Africa
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Dairy Processing Equipment Market Size FAQs
What is the current Dairy Processing Equipment Market size?
The Dairy Processing Equipment Market is projected to register a CAGR of 5.21% during the forecast period (2024-2029)
Who are the key players in Dairy Processing Equipment Market?
GEA Group Aktiengesellschaft , Feldmeier Equipment, Inc., Scherjon Equipment Holland B.V. , Krones AG and Tetra Laval are the major companies operating in the Dairy Processing Equipment Market.
