Market Size of Dairy Processing Equipment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.21 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Dairy Processing Equipment Market Analysis
Dairy processing equipment market is projected to grow at a CAGR of 5.21% during the forecast period (2020-2025).
- The long-term growth and outlook for dairy products and its equipment is positive, given the new product development and portfolio expansion, the dairy equipment market is thriving on growing demands for healthful indulgent products.
- The growth in the demand for functional dairy-based ingredients and convenient products, such as protein concentrates, whey-based supplements are driving the sales of drying and dehydration systems. The sales growth of fortified dairy products, in the form of infant nutrition and geriatric nutrition formulae, demanding highest level of purity has intensified the sales of filtration systems.
- The fortification trend has also amplified the demand and consequent sales of mixing and blending equipment.
