Market Overview:
Dairy Processing Equipment Market Size Was Valued at USD 11.2 Billion in 2022, and is Projected to Reach USD 18.54 Billion by 2030, Growing at a CAGR of 6.5% From 2023-2030.
Growing demand for packaged and nutritious dairy products by consumers is driving the global market for dairy processing equipment. The use of dairy processing machinery to create a variety of goods, including processed milk, cream, yogurt, butter, and others. The expansion of the dairy industry and customer shifts in taste and preferences are also important market factors. The market is expanding quickly because of the rising customer demand for healthy products that are low in sugar, fat, and cholesterol, as well as having novel flavors and tastes. Furthermore, growth in the incorporation of milk products in daily diet owing to high nutritive value will turn the market size. Changing dietary patterns by the consumers and demand for a product such as cheese, cream, and yogurt for making nutritious dishes may boost the demand for dairy processing equipment.
Top Key Players Covered In The Dairy Processing Equipment Market:
- SPX FLOW Inc. (U.S.)
- Tetra Laval International S.A. (Switzerland)
- GEA Group (Germany)
- Van Den Heuvel Dairy (Netherlands)
- Food Equipment Dairy (Netherlands)
- Krones AG (Germany)
- Alfa Laval Corporates (Sweden)
- John Bean Technologies Corporation (U.S.)
- IDMC Ltd. (U.K.)
- Scherjon Dairy Equipment Holland B.V. (Netherlands)
- Coperion GmbH. (Germany)
- IMA Industria Machine Automatiche SPA
- Paul Mueller Company (U.S.)
- Feldmeier Equpment Inc. (U.S.)
- Caloris Engineering LLC (U.S.), and Other Major Players.
Market Dynamics and Factors:
Robust Market Demand from Developing Countries is driving the dairy processing equipment market. India, China, and South American nations are among the developing nations where there is a growing need for dairy products. Population growth, substantial urbanization, rising disposable income, and the development and upgrading of cold chain infrastructure such as refrigerated transport and storage all contribute to this need. It is projected that dairy consumption would continue to expand rapidly in China. According to the International Farm Comparison Network (IFCN), China's dairy demand would increase by 42% between 2015 and 2024, from 43 million tonnes of liquid milk to 61 million tonnes. Dairy product demand is rising, which is changing the market.
Increased demand from dairy processors for post-sale support to boost operational effectiveness. When the machine is installed and/or after it has been purchased, dairy processing equipment requires a high level of maintenance and servicing. Producers of dairy processing equipment can continue to offer installation and after-sales services, such as yearly maintenance contracts. As a result, the market will have a profitable possibility to grow in the years to come. For instance, in order to expand its activities in the Middle East region, SFX Flow (US) announced collaborations with the Saudi Arabia-based company V-Line in July 2018.
Dairy Processing Equipment Market Report Highlight:
- By type, the Pasteurizers segment is anticipated to lead the growth of the Dairy Processing Equipment market in the forecasted timeframe. The machinery assists in providing thermal treatment to milk-based products to ensure safety and increase shelf life by reducing wastage.
- By operation, the automatic segment is expected to have the highest share of the Dairy Processing Equipment market over the projected period. Automatic equipment can perform tasks faster and more efficiently than manual equipment, which can lead to higher productivity and lower operating costs.
- By application, the processed milk segment is set to develop at the highest CAGR during the forecasted timeframe. Due to the significant demand growth coming from nations like Pakistan, India, and others, which is fueled by an increase in the number of people and income
- The Asia Pacific region is expected to have the highest share of the Dairy Processing Equipment market over the projected period. The high animal population leads to the demand for dairy processing equipment. In addition, high demand for milk and milk products from the economies such as India, Australia, and Pakistan.
Key Industry Development:
- In April 2023: GEA, a renowned German engineering conglomerate, announced a €40 million ($42 million) investment to expand its membrane filtration facility in Oelde, Germany. This expansion aims to meet the growing demand for membrane filtration technology in dairy processing, particularly for cheese production and whey processing.
- In June 2023: Tetra Pak, a major player in dairy processing equipment, joined forces with Tetra Laval Food to accelerate sustainability efforts across the dairy value chain. This partnership focuses on initiatives like reducing water and energy consumption, minimizing waste, and promoting renewable energy sources in dairy processing operations.
Dairy Processing Equipment Market Segmentation:
By Product Type
- Membrane Filtration Equipment
- Homogenizers
- Separators
- Mixing and Blending Equipment
- Pasteurizers
- Churning Equipment
- Evaporators and Dryers
- Other
By Operation
- Automatic
- Semi-Automatic
By Application
- Milk Powders
- Cream
- Processed Milk
- Cheese
- Protein Concentrates
- Yogurt
- Other
For this report, Introspective Market Research has segmented the Dairy Processing Equipment Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA