The global dairy processing equipment market is projected to reach $10,433.3 million by 2019, at a CAGR of 5.3% from 2014 to 2019.
Dallas, TX -- (SBWIRE) -- 04/10/2015 -- The "Dairy Processing Equipment Market by Equipment Type (Pasteurizers, Homogenizers, Separators, Evaporators & Dryers, Membrane Filters & Others), Application (Processed Milk, Cream, Cheese, Milk Powder, Protein Concentrates & Others) & by Region - Global Trends & Forecasts to 2019", defines and segments the dairy processing equipment market, with analyses and projections of the market size in terms of value. It also identifies the driving and restraining factors of the dairy processing equipment market with analyses of trends, opportunities, restraints, challenges, and burning issues. The market has been segmented and its size has been estimated and projected on the basis of key geographical regions, such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW).
Browse 81 market data tables and 64 figures spread through 182 pages and in-depth TOC on "Dairy Processing Equipment Market - Global Trends & Forecasts to 2019".
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The dairy processing equipment market is growing in accordance with the increasing demand for dairy products and the technological advancements in dairy processing equipment. This market is driven by the rise in consumption of dairy products, such as processed milk, cheese, cream, and particularly the increase in demand for milk powders and protein concentrates. North America and Europe are mature markets in dairy processing and emerging economies such as China & India provide greater opportunity for the growth of the dairy processing equipment market.
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The global dairy processing market is projected to reach $10,433.3 million by 2019, at a CAGR of 5.3% from 2014 to 2019. In 2013, the Asia–Pacific region was the largest dairy processing equipment market, wherein Australia dominated this market. The market for dairy processing equipment in the Asia-Pacific region is estimated to be the fastest-growing market from 2014 to 2019.
The dairy processing equipment market is a concentrated market, with leading players driving the market growth. The report further provides qualitative analyses of the prominent market players and their preferred development strategies. The key dairy processing equipment manufacturers in the market identified in this report are Tetra Laval (Switzerland), Alfa Laval (Sweden), SPX Corporation (U.S.), GEA Group (Germany), Krones Group (Germany), IMA Group (Italy), A&B Process Systems (U.S.), Feldmeier Equipment Inc. (U.S.), IDMC Limited (India), and Scherjon Equipment Holland B.V. (The Netherlands).
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