The report "Dairy Processing Equipment Market by type (Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators & Dryers, Membrane Filtration Equipment), Mode of Operation (Automatic and Semi-Automatic), Application, and Region - Global Forecast to 2026", The global dairy processing equipment market size is estimated at USD 9.6 billion in 2021 and is projected to grow at a CAGR of 6.0 % to reach USD 12.8 billion by 2026. Factors such as adoption of efficient technologies by dairy products manufacturers and increasing demand for multifunctional dairy equipment will drive the market for dairy processing equipment. Various research are taken place in the market such as Researchers at Technische Universität München (TUM) are combining different filter techniques, such as ultrafiltration, reverse osmosis, and nanofiltration, to save energy by 20% to increase the productivity of dairy products. In January 2016, the GEA Group (Germany) launched a new livestock feeding system called the GEA Mix & Carry system, which supports the profitable production of high-quality milk.
Europe is projected to be the second largest market for the forecast period.
The European region accounted for the significant share of the dairy processing equipment market and was estimated to be USD 2,527.2 million in 2021. The dairy products from European region are exported to most of the regions of the world. Europe has granted reduced tariff preferences to a reasonable number of countries and currently, only a few match EU standards with regard to dairy product quality. By the support of logistics industries, Germany has accounted as the largest producer of milk.
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According to the Organization for Economic Co-operation and Development (OECD), Germany was accounted as the largest producer of milk in the EU in 2017. The logistics industry plays an important role in the German dairy sector in procuring the raw milk from the farm, supplying the processed milk and products to processors of consumer products, and reaching the retailers or distributors. According to the Global Dairy Trade Portal, cheese was the main export product of the German dairy industry in 2016 and 2017.
Key Market Players
Many domestic and global players provide dairy processing equipment to improve animal health and performance. Major manufacturers have their presence in the European and Asian countries. The key companies in the market are GEA Group (Germany), SPX FLOW, Inc (US), Tetra Laval International S.A. (Switzerland), Alfa Laval Corporate AB (Sweden), John Bean Technologies Corporation (JBT) Corporation (US). Various strategies, such as expansions, mergers & acquisitions, and new product launches, were adopted by the key companies to remain competitive in the dairy processing equipment market.
Pasteurizers, by type is estimated to account for the largest market share of market over the forecast period.
The concern for consuming safe dairy products has increased, especially due to the current pandemic situation of COVID-19. This has increased the demand for pasteurizers in the market. Pasteurizers are used to kill the pathogens by providing heat and cold treatment simultaneously. Pasteurizers are available in various types, like batch pasteurizers,high-temperature short time pasteurizers, and ultra-high temperature pasteurizers.
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