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Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- Milking hose is an important part of a modern dairy farm's milking machinery as it plays an integral role in milking cattle. The growing demand for dairy products across the globe has been driving the demand for milking hose in recent years. The exponentially surging demand for milk is one of the most important reasons for the steady growth of the market. The indispensable use of milk in a wide range of food products has been identified as the key factor propelling the growth of the market.
The global milking hose market was worth US$250 mn in 2018 and the report suggests that it will reach US$330 mn by 2025, registering a sluggish CAGR of 0.9% during the forecast period of 2018 and 2025. QY Research discusses the future of the market in its latest report, titled "Global Milking Hose Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application."
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Global Milking Hose Market: Drivers
The global milking hose market is expanding due to the growing demand for milk and milk-related food products. The changing lifestyles and food habits are two of the most prominent reasons boosting the global milking hose market. A number of milk-based food items have become part of the daily diet. As milk continues to be the staple drink for the kids across the globe, the market is projected to flourish as well. Furthermore, growing importance of automation on dairy farms has also encouraged the global market for milking hose. It makes the task efficient and significant volumes can be achieved through automated processes.
Global Milking Hose Market: Segment Analysis
The global milking hose market is segmented by type and application. In terms of type, the market is segmented into PVC, rubber, and silicone. In terms of application, the market is segmented as milk tube and air tube. These tubes help to suck out the milk from the animal safely and quickly.
Global Milking Hose Market: Regional Analysis
On the basis of region, the global milking hose market is segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. Europe is the most dominant regions with a lucrative share in the global market of milking hose as it has the maximum demand for the global milking hose market. North America is just next to Europe in terms of demand, market share, and revenue.
Global Milking Hose Market: The Key Players
The key players studied in the global milking hose market are Saint-Gobain, Trelleborg Group, DeLaval, REHAU, GEA, BouMatic, Skellerup, MILKRITE, Finger-Lakes Extrusion, Terraflex, Kuriyama, Lauren Agrisystems, and TBL Performance Plastics. These companies have enhanced their product quality and fast production to reach the global market and sustain in the crucial competition.
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