Dairy Processing Equipment Market by Type (Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators & Dryers, Membrane Filtration Equipment), Operation (Automatic and Semi-Automatic), Application, and by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Global Forecast, 2022 to 2032

Population development, accelerated urbanization, expanded disposable income, and the advent and upgrading of cold chain facilities such as refrigerated transportation and storage are all driving this market. Dairy consumption is projected to continue to rise in China. According to the International Farm Comparison Network (IFCN), Chinese dairy demand will rise by 42 percent from 43 million tons of liquid milk in 2015 to 61 million tons in 2024. As a result, the industry is being driven by rising demand for dairy products. The growing demand for dairy products in the global market has resulted in an increase in international dairy trade, which has fueled the demand for processing equipment.

Dairy processing equipment necessitates a high level of operation and servicing, which may occur during construction and/or after the sale. Manufacturers of dairy processing equipment may offer after-sales facilities such as annual repair contracts in addition to installation. After-sales programs improve dairy machinery manufacturers' relationships with dairy processors by providing better services. Operator preparation, proactive maintenance by experienced technicians, plant approval checking (FAT), and timely service are among the most important resources that dairy processors need from dairy processing equipment manufacturers in order to improve their operating efficiencies.

Dairy equipment manufacturers should take advantage of this ability to improve resources like arranging proactive maintenance, notifying machine operators when maintenance is scheduled, pinpointing machine failures, and completing repairs quicker for smoother operations. Dairy machinery suppliers must have services that are compliant with federal standards and safety legislation that apply to dairy processors. There have been beef recalls in dairy production plants, which have culminated in brand slander. Dairy processors should have access to the fundamentals of good manufacturing practices, especially cleaning and sanitizing, as well as employee training guidelines.

Based on the type, the market is segmented into Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators & Dryers, Membrane Filtration Equipment. The pasteurizers type segment has the largest share in the market in 2019 and the market is forecasted to grow with the significant rate of above 6.5% CAGR over the forecast period. A pasteurizer assists the pasteurization process, which involves heating milk to a temperature below boiling for a period of time to destroy pathogens. Pasteurization entails heat-treatment procedures and exposure to very low temperatures at the same time, killing toxic microorganisms and rendering latent disease-causing spores inactive if present. The COVID-19's growing concern about the protection of dairy products is projected to boost the demand for pasteurizers. In terms of the operation segment, the market is segmented into (Automatic and Semi-Automatic. In 2020, the processed milk segment has the fastest growth in the market in 2019 and the market is forecasted to grow with the significant rate of above 7% CAGR over the forecast period.

The Asia Pacific region has the largest share in market with a CAGR of more than 35.2% in 2019 and is anticipated to continue with the same position during the forecast years 2018-2028. In 2019, the China is projected to hold the majority share of Asia Pacific demand for dairy processing equipment. The governments of Japan and Korea have policies that encourage the growth and production of the dairy industries. In the Asia Pacific region, flavored milk is also gaining popularity. India is the world's largest producer of milk. As a result, the demand for pasteurizers and homogenizers in the Indian dairy processing equipment market has been steadily increasing.

According to the Food and Agriculture Organization (FAO), only a few countries in the world are milk self-sufficient. In the Asia Pacific region, Australia and New Zealand have surplus milk demand, while China and Japan have a milk production deficit, resulting in a large market for dairy and dairy-based goods imports in these countries.

The major players of the global Dairy Processing Equipment market are GEA Group (Germany), Krones AG (Germany), Tetra Laval International S.A. (Switzerland), SPX FLOW, Inc (US), Alfa Laval Corporate AB (Sweden), John Bean Technologies Corporation (US). The Dairy Processing Equipment market consists of top, medium level and a number of domestic players in the global market. In addition to this, the well-established players in the industry have made various strategies and research & developments to compete with other players in the regional and global market.