$11.2 Bn Dairy Processing Equipment Market - Global Forecast to 2023: Innovations in Carbonated Dairy-Based Beverages

Dublin, March 26, 2019 (GLOBE NEWSWIRE) -- The "Dairy Processing Equipment Market by Type, Application, Operation, Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global dairy processing equipment market is estimated to be valued at USD 8.6 billion in 2018 and is projected to reach USD 11.2 billion by 2023, at a CAGR of 5.4%.

Dairy processing equipment consists of equipment used to make the most of various milk properties to prepare a diverse range of dairy products such as processed milk, fresh dairy products, butter & buttermilk, cheese, milk powder, and protein ingredients; many different processes have been developed by the industry.

The dairy product manufacturing involves various processes such as pasteurization, homogenization, filtration, drying, and separation. To enable these processes, dairy processors use equipment such as pasteurizers, homogenizers, separators, evaporators & dryers, membrane filtration equipment, mixers & blenders, and other equipment such as churning equipment, crystallizers, chillers, silos, cutters, and cheese vats.

With technological advancements in the dairy sector, milk is being largely processed to be used in the manufacture of various ingredients and products. Globally, these products and ingredients have varied applications in health & nutrition.

Other factors fueling the dairy processing equipment market growth are a rise in demand for dairy products, increase in automation offered by the technology providers, and the abolition of milk quota in the European Union. Abolishment of milk quota allowed manufacturers to process milk and other dairy products in abundant quantities.

According to the US Dairy Export Council Analysis, milk production is expected to increase almost by 11% by 2020, with the EU producing 15.4 million metric tons (16.97 million tons) more compared to 2013 data.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Opportunities in the Dairy Processing Equipment Market
4.2 Dairy Processing Equipment Market: Key Countries
4.3 Dairy Processing Equipment Market, By Type & Region
4.4 Dairy Processing Equipment Market, By Application & Region
4.5 Developed vs. Developing Markets for Dairy Processing Equipment
4.6 North America: Dairy Processing Equipment Market, By Operation & Country

5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing Demand for Dairy Products
5.3.1.1.1 Growing Production of Milk Due to Increasing Consumption of Dairy Products
5.3.1.2 Adoption of Efficiency-Enhancing Technologies By Dairy Product Manufacturers
5.3.1.2.1 Demand for Multi-Functional Dairy Equipment
5.3.1.3 Increasing Automation Offered By Technology Providers
5.3.1.4 Abolition of Milk Quota in the European Union
5.3.2 Restraints
5.3.2.1 Increasing Energy Cost
5.3.3 Opportunities
5.3.3.1 Dairy Processors Demand After-Sales Services to Enhance Operational Efficiencies
5.3.3.2 Support By the Government and Non-Government Bodies in Terms of Funding for Smes and Startups
5.3.3.3 Expansion of Product Lines to Cater to Emerging Applications
5.3.3.3.1 Infant Formula
5.3.3.3.2 Energy & Sports Drinks
5.3.3.3.3 Fortified Products
5.3.3.4 Innovation: Carbonated Dairy-Based Beverages
5.3.4 Challenges
5.3.4.1 High Capital Investment
5.3.4.2 Increasing Consumer Inclination Towards Dairy Alternatives
5.3.4.2.1 Increasing Incidences of Lactose-Intolerance & Allergies Leading to Reduced Dairy Consumption

6 Industry Trends
6.1 Introduction
6.2 Value Chain
6.2.1 Research & Development
6.2.2 Inputs
6.2.3 Processing
6.2.4 Logistics & Distribution
6.2.5 Marketing & Sales
6.3 Supply Chain
6.3.1 Dairy Farmers
6.3.2 Dairy Equipment Manufacturers
6.3.3 Dairy Processors
6.3.4 Distributors
6.3.5 End Users
6.4 Pest Analysis
6.4.1 Political Factors
6.4.1.1 Regulatory Impact on Dairy Product Processing
6.4.1.1.1 Justice Law, Canada
6.4.1.1.2 EU Regulation on Milk and Milk Products
6.4.1.1.3 Usfda - US Food and Drug Administration Inspection Guide
6.4.2 Economic Factors
6.4.2.1 Developing Economies, GDP (Purchasing Power Parity)
6.4.2.2 Increase in Middle-Class Population
6.4.3 Social Factors
6.4.3.1 Increase in Milk & Dairy Products Consumption
6.4.3.2 Aging Population Growth
6.4.4 Technological Factors
6.4.4.1 Product Advancements and Latest Trends
6.4.4.2 Research & Development on Dairy Processing Equipment & Technology By Dairy Equipment Manufacturers
6.4.4.2.1 Non-Thermal Technologies
6.5 Porter's Five Forces Analysis
6.5.1 Intensity of Competitive Rivalry
6.5.1.1 Significant Number of Players
6.5.1.2 Introduction of Specialized Products
6.5.2 Bargaining Power of Buyers
6.5.2.1 Manufacturers Have A Diverse Product Portfolio Including Machines of Different Capabilities and Processing Techniques
6.5.2.2 Multiple Options for Buyers
6.5.3 Bargaining Power of Suppliers
6.5.3.1 Several Regional and Multi-National Raw Material Suppliers in the Market
6.5.3.2 Manufacturers Have Long-Term Contracts With Suppliers
6.5.4 Threat of Substitutes
6.5.4.1 Highly Specialized Operations
6.5.4.2 Evolution of New Equipment and Processes Can Substitute the Old One, But the High Capital Investment Can Hamper R&D
6.5.5 Threat of New Entrants
6.5.5.1 Presence of Established Market Players
6.5.5.2 Extensive R&D Required for Developing New Products
6.6 Patent Analysis

7 Dairy Processing Equipment Market, By Type
7.1 Introduction
7.2 Pasteurizers
7.2.1 R&D is Increasing for the Utilization of Solar Energy for the Process of Pasteurization to Optimize Energy Cost
7.3 Homogenizers, Mixers, and Blenders
7.3.1 Full Stream Homogenization is Used for Uht Milk Used in the Production of Cultured Products
7.4 Separators
7.4.1 The Commonly Used Centrifugal Separators in the Dairy Industry are Paring Disc and Hermetic Separators
7.5 Evaporators & Dryers
7.5.1 The Dairy Processing Industry is Utilizing Closed-Loop Evaporators to Cut Down on the Cost Incurred During the Process
7.6 Membrane Filtration Equipment
7.6.1 The Dairy Industry Utilizes Membrane Filtration Techniques to Reduce the Presence of Bacteria in Milk
7.7 Others
7.7.1 Cheese Vats are Used in the Removal of Curd From Whey

8 Dairy Processing Equipment Market, By Application
8.1 Introduction
8.2 Processed Milk
8.2.1 The Increasing Food Safety Concerns Among Consumers are Leading to an Increase in the Demand for Processed Milk
8.3 Fresh Dairy Products
8.3.1 Flavored Yogurt is Gaining Popularity in the Middle Eastern Countries Due to the Benefits Associated With Gut Health
8.4 Butter & Buttermilk
8.4.1 The Growing Demand for Buttermilk in Innovative Flavors is Creating Momentum for the Processing Equipment Market
8.5 Cheese
8.5.1 The Demand for Cheese is Increased From the Emerging Economies of Asia Pacific, Thereby Fueling the Market for Cheese Processing Equipment
8.6 Milk Powder
8.6.1 Milk Powders are Finding Rising Application in Infant Formula
8.7 Protein Ingredients
8.7.1 Producers are Looking at Bringing to Market Cost-Effective and Palatable Whey-Based Products for Consumers

9 Dairy Processing Equipment Market, By Operation
9.1 Introduction
9.2 Automatic
9.2.1 Continuous Flow Pasteurizer Ensures Higher Daily Production
9.3 Semi-Automatic
9.3.1 Semi-Automatic Pasteurizing Systems Aid in Meeting the Dairy Requirements in Urban and Semi-Urban Areas

10 Dairy Processing Equipment Market, By Region

11 Competitive Landscape
11.1 Overview
11.2 Competitive Leadership Mapping (Overall Market)
11.3 Competitive Leadership Mapping (Start-Up/SME)
11.4 Ranking of Key Players, 2018
11.5 Competitive Scenario

12 Company Profiles
12.1 GEA Group
12.2 SPX Flow
12.3 The Krones Group
12.4 Tetra Laval
12.5 Alfa Laval
12.6 JBT Corporation
12.7 IMA Group
12.8 IDMC Limited
12.9 Feldmeier
12.10 Scherjon
12.11 Coperion
12.12 Van Den Heuvel Dairy & Food Equipment

For more information about this report visit https://www.researchandmarkets.com/research/5m22kk/11_2_bn_dairy?w=12

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Related Topics: Dairy Products, Food Processing