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Opportunities in Dairy Processing Equipment Market Amidst COVID-19 Pandemic

  • Writer: Rahul Gadve
    Rahul Gadve
  • Sep 7, 2020
  • 4 min read

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

The global dairy processing equipment market size is expected to reach USD 13.67 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. The escalating need for processed dairy products such as cheese, butter, milk, and cream will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled Dairy Processing Equipment Market Size, Share & COVID-19 Impact Analysis, By Type (Pasteurizers, Homogenizers, Separators, Evaporators & Drying Equipment, Membrane Filtration Equipment & Others), By Application (Processed Milk, Cream, Milk Powders, Cheese, Protein Ingredient & Others) and Regional Forecast, 2020-2027” the market size stood at USD 9.70 billion in 2019. The rising shift in consumer preference will subsequently foster the growth of the market in the forthcoming years.

Key Questions Answered in this Market Research Report:

- What is the Dairy Processing Equipment Market size and growth rate of the global and regional markets by various segments? - What is the market size and growth rate of the market for selective countries? - Which region or sub-segment is expected to drive the market in the forecast period? - What Factors are estimated to drive and restrain the market growth? - What are the key technological and market trends shaping the Dairy Processing Equipment Market? - What are the key opportunities in the market? - What are the major companies operating in the market? - Which companies are accounted for the highest market share in the Dairy Processing Equipment Industry?

Market Driver:

"High Consumption of Milk to Back Market Growth"

The rising consumption of milk around the world will consequently boost the dairy processing equipment market growth in the foreseeable future. According to the Food and Agriculture Organization of the United Nations, more than 6 billion people consume milk and milk-related products. With more than 150 kg per capita consumption per year, the majority of the population belongs to developing and some to the developed economies. The booming dairy industry will lead to the speedy expansion of the market in the forthcoming years. The rising demand for organic ultra-filtered toned milk will have a positive impact on the market. The growing health-conscious consumers will influence the healthy growth of the market during the forecast period. The increasing demand for low fat, low sugar, and cholesterol-free milk products will significantly accelerate the growth of the market. The advent of innovative organic milk products will aid in the expansion of the market. The growing population along with the rising income of people will provide impetus to the market. Moreover, the increasing advancement in milk processing machines and equipment will generate hefty revenue for the market during the forecast period.

Key Industry Development: 

June 2019:- JBT Corporation, a food processing machinery company based in the US announced the acquisition of Prime Equipment Group, a developer and manufacturer of food processing automation for USD 65 million. April 2019:- Caloris Engineering LLC announced the acquisition of Seitz Stainless, which is an equipment fabricator. This was a strategic decision made by the company to add in-house manufacturing of its products. October 2018:- Krones AG acquired Sprinkman US-based processing equipment manufacture. Sprinkman specializes in the dairy and brewing industry, thus resulting in enhancement of Krones AG product portfolio in North America.

The Report lists the Main the Companies in the Dairy Processing Equipment Market: 

  • GEA Group (Germany)

  • JBT Corporation (United States)

  • SPX Flow Inc. (United States)

  • Alfa Laval (Sweden)

  • Krones AG (Germany)

  • Paul Mueller Company (United States)

  • Tetra Pak International SA (Switzerland)

  • IMA Group (Italy)

  • Feldmeier Equipment INC. (United States)

  • Scherjon Dairy Equipment Holland B.V. (The Netherlands)

  • Caloris Engineering LLC (United States)

Table Of Content:-

  1. Introduction

    1. Definition, By Segment

    2. Research Approach

    3. Sources


  1. Executive Summary

  2. Market Dynamics

    1. Drivers, Restraints and Opportunities

    2. Emerging Trends of Market


  1. Key Insights

    1. Macro and Micro Economic Factors

    2. Consolidated SWOT Analysis of Key Players

    3. Porter’s Five Forces Analysis

    4. Impact of Covid-19: Dairy Processing Equipment Industry Analysis


  1. Global Dairy Processing Equipment Market Analysis, Insights and Forecast, 2016-2027

    1. Key Findings / Summary

    2. Market Sizing Estimations and Forecasts – By Type (Value)

      1. Pasteurizers

      2. Homogenizers

      3. Separators

      4. Evaporators & Drying Equipment

      5. Membrane Filtration Equipment

      6. Others (Churning, etc.)


  1. Market Sizing Estimations and Forecasts – By Application (Value)

    1. Processed Milk

    2. Cream

    3. Milk Powders

    4. Cheese

    5. Protein Ingredient

    6. Others (Yogurt, etc.)


  1. Market Analysis, Insights and Forecast – By Region (Value)

    1. North America

    2. Europe

    3. Asia Pacific

    4. Middle East and Africa

    5. Latin America



TOC Continued..!!

Other Source Reports:

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact: Name: Ashwin Arora Email: sales@fortunebusinessinsights.com Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

 
 
 

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