Lucintel's latest market report analyzed that dairy processing equipment provides attractive opportunities in the processed milk, fresh dairy product, butter & buttermilk, cheese, milk powder, and protein ingredient markets. The dairy processing equipment market is expected to grow at a CAGR of 4%-6%. In this market, pasteurizers are the largest segment by type, whereas processed milk is largest by application.
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Based on type, the dairy processing equipment market is segmented into pasteurizers, homogenizers, mixers & blenders, separators, evaporators & dryers, and membrane filtration equipment. The pasteurizers segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due as pasteurization involves heat treatment processes and exposure to very low temperatures simultaneously, which kills the harmful microorganisms and also inactivate the dormant disease-causing spores if present.
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The dairy processing equipment market is marked by the presence of several big and small players. Some of the prominent players offering dairy processing equipment include GEA, SPX FLOW, Krones, Tetra Laval International, Alfa Laval, John Bean Technologies, IMA Industria Macchine Automatiche, IDMC, Feldmeier Equipment, and Scherjon Dairy Equipment Holland.
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