Dairy processing arises all over the world. Automation and innovation in food processing equipment is fostering the global dairy processing equipment market. These equipment preserve the dairy products for weeks or months and help to decrease food-borne diseases. The Global Dairy Processing Equipment market is segmented on the basis of types of equipment which include homogenizers, separators, dryers, membrane filters, pasteurizers, churning equipment and others, according to a recent report by Future Market Insights. As the industry has various application areas, thus the global dairy processing equipment market is also bifurcated by applications such as cream, cheese, processed milk, protein concentrates, milk powder, yogurt and others.
The global dairy processing equipment market is projected to reach USD10.90 Billion by 2020, growing at a CAGR of 5.4 percent from 2015 to 2020, according to a recent report by Markets and Markets. The major drivers are the rising global consumer demand for dairy products, increasing dairy production, changing needs, taste & preferences among consumers, and growing demand for healthier and palatable dairy products. The rising health consciousness among people has increased the consumption of processed dairy products such as skimmed milk. In the global market for dairy processing equipment, evaporators & drying equipment and membrane filtration equipment are growing at a higher rate as these equipment are primarily used for milk powders and protein concentrates, respectively.
In the cheese industry, membranes increase the yield & quality of cheese and control the whey volume by concentrating the cheese milk. Technological advances in the membrane filtration process have also played a major role in the growth of the dairy processing market. With the introduction of superior quality membranes as well as newer technology, the major limitation of membrane fouling or blockage has been overcome to a greater extent. It has also been noticed that, general trend towards huge processing plants has offered the companies with the scope of acquiring bigger, more effective and automated equipment, according to Future Market Insights’ report.
“Technological advances in the membrane filtration process have also played a major role in the growth of the dairy processing market”
Specialized processes which includes ultrafiltration as well as modern drying processes, have inclined the chances for recovery of milk solids that were previously discharged. In addition to it, all processes have become more energy efficient and effective and the utilization of electronic control systems has permitted enhanced processing effectiveness and cost savings. Geographically, the Global Dairy Processing Equipment industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. It has been noticed that, presently Asia Pacific region captured the highest market share in the global dairy processing equipment market followed by Europe and North America holding second and third position respectively. The dairy processing industries in the key dairy manufacturing countries have experienced rationalization with a trend towards larger plants operated by less number of people. Thus, in the U.S., Australia, Europe and New Zealand major dairy processing plants are quite huge. China occupies the substantial share in Asia Pacific region in terms of importing dairy products and New Zealand and Australia are the major exporters of dairy products. Some of the major conglomerates capturing the substantial market share in the Global Dairy Processing Equipment market includes SPX Corporation, Tetra Laval group, Alfa Laval Corporate AB, IDMC Limited, GEA group, the Krones group, A&B Process systems and Feldmeier Equipment, Inc.
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CPH World Media