Dairy Processing Equipment Market Size to Grow by $ 2.74 bn through 2021-2025  

Technavio research projects the dairy processing equipment market to grow by $ 2.74 bn, accelerating at a CAGR of over 5% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Dairy Processing Equipment Market: Key Market Driver

One of the primary factors that will trigger the growth of the dairy processing equipment market size is compliance of dairy processing companies to standards and regulations. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Dairy Processing Equipment Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABL Technology Ltd., Alfa Laval AB, Feldmeier Equipment Inc., GEA Group Aktiengesellschaft, IDMC Ltd., IMA Industria Macchine Automatiche Spa, KRONES AG, Paul Mueller Co. Inc., SPX FLOW Inc., and Tetra Laval International SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

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Technavio has been monitoring the Global Dairy Processing Equipment Market and it is expected to grow by $ 2.74 billion, accelerating at a CAGR of over 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report

Dairy Processing Equipment Market: Need for compliance with standards and regulations to drive growth

One of the primary factors that will trigger the growth of the Dairy Processing Equipment Market size is the need for dairy processing companies to comply with standards set by several regulatory bodies. Standards such as Pasteurized Milk Ordinance (PMO), Food Safety Modernization Act (FSMA), Hazard Analysis and Critical Control Point (HACCP), and International Organization for Standardization (ISO) ensure safety and efficiency of the dairy processing equipment. Regulations compel processing companies to implement appropriate safety programs and Hazard Analysis and Critical Control Point (HACCP).

Dairy Processing Equipment Market: Key Trends to Impact Growth

The increasing adoption of high-pressure processing (HPP) technology is one of the key trends that will gain traction in the dairy processing equipment market size throughout the projected period.  The high-pressure processing (HPP) technology is highly preferred because it helps in preserving the nutrients and vitamin contents of the products and improves the quality of the food products.  HPP is also an effective alternative for conventional heat pasteurization.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report