Bizizz Market Research has recently published a research report, “Dairy Processing Equipment Market By Product Type (Pasteurizers, Homogenizers, mixers, blenders, Separators, Evaporators & dryers, Membrane filtration equipment and Others), Operation (Automatic and Semi-automatic), Application (Processed milk, Butter & buttermilk, Fresh dairy products, Cheese, Protein ingredients and Milk powder), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Dairy Processing Equipment Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ YY Bn by 2027, witnessing a CAGR of 5.7 % during the forecast period. Key drivers of the market are increased demand of milk products and its perishable nature is propelling its market demand.
The consumption of milk and milk products is rapidly increasing because of it nutritional values. Moreover the contribution of milk globally is exceedingly increasing by an increase in the population growth that requires sufficient amount of nutrition. These milk and allied products are perishable in nature because of its easy prone to the microorganism’s development. Thus, order to maintain its viability for longer period of time the demand for diary processing equipment market is being increasing in the market.
The Dairy Processing Equipment market is anticipated to register a CAGR of over 5.7% during the forecast period.
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By Product, Pasteurizer segment held a key share in Global Dairy Processing Equipment Market in 2018.
In order to meet the demand of the milk and its allied products companies are adopting pasteurizer techniques that increases the shelf span of the milk products in the global market. These dairy pasteurizers are being employed with advanced technologies that could be substantially producing higher quality of dairy products to meet customer demand. The pasteurizers ensures safer consumption of the dairy products to the customers that would be good for digestive system and have a more prolonged rate of shelf life period. Such advantages of the pasteurizers is propelling the demand of dairy processing equipment’s in the global market.
Asia Pacific region is anticipated to dominate the Global Dairy Processing Equipment Market during the Forecast Period.
The demand of dairy processing equipment is higher in the Asia pacific region this could be attributed to the higher amount of dairy product consumption rate in contrast to the other regions. The technological adoption rate is also observed to be higher in the Asia pacific region that is supporting in the market demand of global diary processing equipment in the market.
Global Dairy Processing Equipment market was moderately consolidated with key players accounting for significant share in 2018. Moreover, the manufacturers are offering innovative products of dairy processing equipment’s that offer greater advantages in the dairy processing creating competitive edge in the market.
Prominent players operating in the Global Dairy Processing Equipment Market are: Stephen Machinary Corp., SSP Pvt Ltd., Marlen Research Corp., Alfa Laval Inc, Indian Dairy Equipment Co., DCI Inc., Ivarson Inc., Dairy Creations Inc., Tetra Pak International S.A., Robert Reiser & Co. Inc., Kimaco Inc., Western Dairy Research Inc., Agrometal Ltd., A&B Process Systems Corp., and Feldmeier Equipment Inc., Genemco Inc., and among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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