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Dairy Machines Market

Market Insights on Dairy Machines covering sales outlook, demand forecast & up-to-date key trends

Dairy Machines Market by Type, Sector, End Users & Region - Forecast 2022 - 2032

Dairy Machines Market Snapshot

The global dairy machines market is estimated to growth at a CAGR of around 6% to 7% during the forecast period 2022-2032. The processing machine is expected to emerge as a highly remunerative segment, accounting for sales of more than US$ 10 Bn by 2022. The segment is anticipated to surpass a valuation of US$ 15 Bn by the end of 2032, projecting growth at a CAGR of 5% to 6% between 2022 and 2032.

Report Attribute

Details

Dairy Machines Market Projected Growth Rate (2022-2032)

6% to 7% CAGR

Dairy Machines Market Expected Value Across Processing Machine Segment (2022)

US$ 10 Billion

Dairy Machines Market Anticipated Value Across Processing Machine Segment (2032)

US$ 15 Billion

Processing Machine Segment Projected Growth Rate (2022-2032)

5% to 6% CAGR

Dairy machines comprise of all machinery used in various processes such as extraction, processing, preservation, storage, packaging, transport, and sale of dairy products. These machines are used across the overall value chain in the dairy industry, from production to sales.

What are the Prominent Drivers Creating Growth Prospects in the Dairy Machines Market

Dairy machines are finding a wide range of applications across the sector, owing to their ability to improve the quality of the dairy products, decline the overall cost of operation, and reduce the operational time, thereby, decreasing the wastage.

These machines are used in the production and processing of dairy and dairy products including equipment, such as milk extraction machines, pasteurizers, evaporators, separators, dryers, filtration machines, and others. Thus, the rapid expansion of the dairy industry and growing demand for dairy & dairy products such as flavored milk, ice cream, smoothies, shakes, and others are estimated to bolster the sales of dairy machines in the global market.

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What are the Factors Impeding the Sales of Dairy Machines in the Global Market

Over the past few years, the prevalence of intolerances and allergies related to the consumption of food and dairy products is growing at a rapid pace, resulting in shifting consumer preference toward dairy alternatives such as soy milk, almond milk, hazelnut milk, and others. This is estimated to hinder the sales in the global market.

In addition to this, rising vegan population across the countries such as the U.S., the U.K., Italy, India, Germany, and others is further declining the consumption of dairy products, thereby, dampening the sales of dairy machines in the market.

Why is Asia Pacific Excluding Japan Emerging at Most Lucrative Dairy Machines Market

Asia Pacific excluding Japan is projected to account for the dominant share in the global dairy machines market between 2022 and 2032, as per Future Market Insights.

Due to the growing demand for milk and milk-based products, a significant rise in the export of dairy & dairy products is being witnessed across numerous countries. For instance, according to the Agriculture & Processed Food Products Export Development Authority, around 46,750 MT of dairy products were exported from India between 2020 and 2021.

Governments in several countries are focusing on increasing the export of dairy & dairy products and are launching process automation initiatives to expand their dairy production. This is estimated to augment the sales of dairy machines in the Asia Pacific excluding Japan market.

Nikhil Kaitwade
Principal Consultant
LinkedIn
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How is Western Europe Contributing to the Growth of the Dairy Machines Market

FMI states that Western Europe is anticipated to exhibit rapid growth in the global dairy machines market during the forecast period 2022-2032.

As the trend of industrial process automation continues to create deeper inroads across Europe, numerous dairy product manufacturers are aiming at adopting innovative automation machines to increase their production capacity and product quality. Citing this trend, a number of players in the market are focusing on collaboration, agreement, and acquisition to increase their market share.

For instance, in 2021, GEA Group AG, a German manufacturer of industrial equipment announced entering into an agreement with Denshaw’s Dairy Foods Pvt. Ltd., an Indian ice cream manufacturer, to deliver a new skimming separator which can process around 20,000 liters of milk per hour. A slew of such development is estimated to favor the growth in the Europe market.

Market Competition

Some of the leading players in the dairy machines market profiled by FMI are Tetra Laval International S.A., Alfa Laval, Lekkerkerker Dairy & Food Equipment, Scherjon Equipment Holland B.V., Waikato Milking Systems, Van den Heuvel Dairy & Food Equipment, SPX Corporation, A&B Process Systems, and others.

The market for dairy machines is highly competitive, attributed to the adoption of strategies such as new product launch, merger, agreement, collaboration, and acquisition by key companies.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 6% to 7% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Type
  • Sector Type
  • End User
  • Region

Countries Covered

  • North America
  • Latin America
  • Western Europe
  • CIS & Russia
  • APEJ
  • Japan
  • Middle East and Africa

Key Companies Profiled

  • Tetra Laval International S.A.
  • Alfa Laval
  • Lekkerkerker Dairy & Food Equipment
  • Scherjon Equipment Holland B.V.
  • Waikato Milking Systems
  • Van den Heuvel Dairy & Food Equipment
  • SPX Corporation
  • A&B Process Systems
  • Others

Customization

Available Upon Request

Key Segments Profiled in the Dairy Machines Market Survey

By Type:

  • Production Machines
  • Processing Machines
  • Packaging Machines
  • Storage & Transport Machines
  • Point of Sale Machines

By Sector Type:

  • Organized Dairy Sector
  • Unorganized Dairy Sector

By End User:

  • Small & Medium Dairy Farmers & Processors
  • Large Dairy Farmers & Processors
  • Retail

By Region:

  • North America
  • Latin America
  • Western Europe
  • CIS & Russia
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

FMI projects the sales of dairy machines in the market is expected to rise at 6% to 7% value CAGR by 2032

The global dairy machines market is expected to be dominated by Asia Pacific excluding Japan over forecast period 2022-2032.

Tetra Laval International S.A., Alfa Laval, Lekkerkerker Dairy & Food Equipment, Scherjon Equipment Holland B.V., Waikato Milking Systems, Van den Heuvel Dairy & Food Equipment, SPX Corporation, A&B Process Systems, others are some of the leading players in the prominent dairy machines market.

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Nikhil Kaitwade
Principal Consultant
LinkedIn
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