Dairy Machines Market: Global Industry Analysis and Forecast (2023-2029)

Dairy Machines Market size was valued at US$ 10.17 Bn. in 2022 and the total revenue is expected to grow at 6% through 2023 to 2029, reaching nearly US$ 15.30 Bn.
Dairy Machines Market Overview:
Dairy Machines Market report examines the market's growth drivers as well as its segments. Report includes market participants, and regional insights. This market study takes an in-depth look at all of the significant advancements that are currently occurring across all industry sectors. To provide key data analysis for the historical period (2017-2022), statistics, infographics, & presentations are used. The report examines the Dairy Machines markets, Drivers, Restraints, Opportunities, & Challenges. This Maximize report includes investor recommendations based on a detailed analysis of the current competitive landscape of the Dairy Machines market.

After the milk has been processed, dairy machines are utilised to provide various dairy products. Cheese, sugar, milk, tofu, and a variety of other components are included. These machines can also keep milk fresh for several days and monitor the impact of foodborne infections. Equipment includes automatic milking machines, pasteurizers and parlour appliances, milk pots, and other goods. Milk, fresh dairy products, milk powder, cheese, and other goods are all made with it in the food and beverage industry. Separators, pasteurizers, membrane filtering equipment, homogenizers, mixers and blenders, evaporators and dryers, and other dairy machines are among them. Some of the applications include protein ingredients, processed milk, milk powder, fresh dairy products, cheese, and butter and buttermilk. The market is being driven by increased consumption and production of milk and dairy products such as yoghurt, cheese, milk powder, and others, as well as rising need for improved equipment. For the years 2023-2029, rising automation usage in dairy machines is expected to boost the overall market development of the Dairy Machines Market.To know about the Research Methodology :- Request Free Sample Report
Dairy Machines Market Dynamics:
Market Drivers

• Rising Global Demand for Healthy Dairy Products and Eating Habits – The rising demand for processed dairy products, as well as the long-term viability of those products, are some of the major factors expected to propel the Dairy Machines Market forward. The Dairy Machines Market is expected to grow as the trend for balancing nutrition with taste and variety in dairy products shifts.

• Increasing automation for production of Dairy Products – The adoption of automation in dairy processing for increased efficiency along with the reduction in adulteration and cost, to meet the required quality standards in expected to favor the Dairy Machines Market development.
Market Restraints

• Increasing Energy cost - The rising cost of power and energy required for processing equipment operation is a major limitation for the dairy processing equipment industry. The dairy business is expanding rapidly and has promising future potential. The Dairy Machines Market consumes a lot of energy to keep the plants running, as well as for refrigeration, lighting, and other mechanical processes. Pasteurization and evaporation are two processes in dairy processing that require thermal energy. In comparison to other processing equipment, pasteurization uses a lot of energy in the form of electricity and other fuels.
Dairy Machines Market Segment Analysis:
By Type, the Dairy Machines Market is segmented as Pasteurizers, Homogenizers, Separators, Evaporators, Filtrates. Pasteurizers and homogenizers dominate the Dairy Machines Market with the market share of 26.3% and 24% in 2021 respectively as both of these are the most important functions in the processing of dairy products and the milk has to go through these machines for further processing. Separators has the market share of 21% in 2021 as these machines are used to separate different by-products of milk for production of different things. Evaporators have the market share of 16.1% in 2021 as they are also used for some dairy products to keep them dry and fresh. 12.6% of market share is with Filtrates as this is the last process before the milk goes for sale and is used only for some liquid products.

By Application, the Dairy Machines Market is segmented as Cheese, Processed Milk, Yogurt, Protein Products, Milk Powder, Others. Processed Milk and Cheese dominate the Dairy Machines Market with the market share of 27% and 24% respectively in the year of 2021. These 2 products are high in demand, Processed Milk is high in demand in Asia Pacific and huge population in this region and Cheese popular in adults and kids in every part of the world. Milk Powder has the market share of 20% in 2021. Because of the increasing number of infants and growing popularity of milk powder among parents for their kids, the market share of milk powder might increase in future. Protein Ingredients has the market share of 13% as not many people consume these processed proteins. Yogurt has the market share of 10% followed by others like cream, etc. has the market share of 6%.
Dairy Machines Market Regional Insights:
Asia Pacific dominates the Dairy Machines Market with the market share of 39.3% in 2021 due to high population and increasing disposable income the demand for better and healthier dairy products are also increasing and the economies like India is helping this region a lot for this market as around 50% of milk is used only in farms.

Europe has the market share of 23% followed by North America with the market share of 20% in 2021 due to high demand of dairy products like cheese, milk powder, etc. South America has the market share of 10.4% in 2021 due to less personal disposable income followed by Middle East & Africa with the market share of 7.3% in 2021 due to lower GDP and low demand of milk products.

The objective of the report is to present a comprehensive analysis of the Dairy Machines market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Dairy Machines market dynamics, structure by analyzing the market segments and project the Dairy Machines market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Dairy Machines market make the report investor’s guide.
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Dairy Machines Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 10.17 Bn.


Forecast Period 2023 to 2029 CAGR:
6%
Market Size in 2029:
US $ 15.30 Bn.


 Segments Covered:
by Type
• Pasteurizers
• Homogenizers
• Separators
• Evaporators
• Filtrates


by Application
• Cheese
• Processed Milk
• Milk Powder
• Yogurt
• Protein Products
• Others



Dairy Machines Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Dairy Machines Market Key Players
• FELDMEIER, Equipment, Inc.
• GEA Group Aktiengesellschaft
• Goma Group
• I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A.
• IDMC Limited
• JBT
• Krones AG
• Scherjon Equipment Holland B.V.,
• SPX FLOW
• Tetra Pak International S.A.

Frequently Asked Questions:

1. Which region has the largest share in Global Dairy Machines Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Dairy Machines Market?
Ans: The Global Dairy Machines Market is growing at a CAGR of 6% during forecasting period 2023-2029.

3. What is scope of the Global Dairy Machines Market report?
Ans: Global Dairy Machines Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Dairy Machines Market?
Ans: The important key players in the Global Dairy Machines Market are – FELDMEIER, Equipment, Inc., GEA Group Aktiengesellschaft, Goma Group, I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., IDMC Limited, JBT, Krones AG, Scherjon Equipment Holland B.V.,, SPX FLOW, Tetra Pak International S.A.

5. What is the study period of this Market?
Ans: The Global Dairy Machines Market is studied from 2022 to 2029.