Dairy Processing Equipment Market

Dairy Processing Equipment Market by Type (Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators & Dryers, Membrane Filtration Equipment), Mode of Operation (Automatic and Semi-Automatic), Application, and Region - Global Forecast to 2026

Report Code: FB 3149 Nov, 2021, by marketsandmarkets.com

[291 Pages Report] The global dairy processing equipment market size is estimated at USD 9.6 billion in 2021 and is projected to grow at a CAGR of 6.0% to reach USD 12.8 billion by 2026. The market has a promising growth potential due to several factors which includes the rising production and consumption of milk and other dairy products along with increased automation in dairy product manufacturing.

Dairy Processing Equipment Market

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COVID-19 Impact on the Global Dairy processing equipment Market

The dairy processing equipment market includes major Tier I and II suppliers like Tetra Laval, GEA Group, SPX Flow, IMA, The Krones Group. These groups have spread their manufacturing facilities and supplies across various countries across Asia Pacific, Europe, North America, South America, and RoW. However, COVID-19 has impacted their businesses as well, there is no significant impact on the global operations and supply chain of their dairy processing equipment. Though this pandemic situation has impacted their businesses as well, there is no significant impact on the global operations and supply chain of their dairy processing equipment. Multiple manufacturing facilities of players are still in operation.

Dairy processing equipment Market Dynamics

Driver: Growing demand for dairy-based products

The dairy processing equipment market is witnessing growth due to the growing demand for dairy products because of the health and nutritional benefits they provide. Dairy processing companies are now targeting on low-fat, organic, and nutrient-fortified dairy products, which require highly advanced dairy processing machinery. According to the dairy index from Tetra Pak Global, consumption of products such as milk, cheese, and butter is expected to rise by 36% from 2014 to 2024, reaching in excess of 710.0 million tons of liquid milk equivalent by 2024. The rising demand for dairy products is majorly seen in emerging economies such as India, China, and South American countries. This demand is fueled by population growth, rapid urbanization, increased disposable income, and the emergence & modernization of cold chain facilities such as refrigerated transport & storage. In China, growth in dairy consumption is expected to remain strong. The International Farm Comparison Network (IFCN) projected that Chinese dairy demand would increase from 43 million tons of liquid milk in 2015 to 61 million tons by 2024—reporting a 42% increase. The growing demand for dairy products is thus driving the dairy processing equipment market.

The increasing demand for dairy products in the global market has resulted an increase in international trade of dairy products, thereby fueling the market for processing equipment. Due to the fact of rising health awareness among consumers about the benefits of dairy products, processed dairy products are gaining attention in international markets.

Restraint: Increasing energy cost

The continuous rising cost of power and energy required for the operation of processing equipment is a key restraint for the dairy processing equipment market. The dairy industry is growing at a considerable rate and has bright prospects. The dairy processing industry requires a large amount of energy for running the plants and also for refrigeration, lighting, and other mechanical processes. Thermal energy is required for processes such as pasteurization and evaporation in dairy processing. Pasteurization consumes a large amount of energy, in the form of electricity and other fuels, as compared to other processing equipment.

Dairy processing plants can become more energy-efficient by upgrading their older equipment and installing new technologies, and by changing management practices. An energy audit can be a valuable tool for a dairy processor who is trying to understand how energy is currently being used in farms and to identify cost-saving opportunities.

The high cost of running processing equipment and the scarcity of non-renewable energy sources are dissuading small dairy processors from installing these processing systems. Hence, this stands as a major restraint for the market growth of dairy processing equipment.

Opportunity: Dairy processors demand after-sales services to enhance operational efficiencies

Dairy processing equipment requires a high degree of maintenance and services, which may arise during installation and/or after sales. Dairy processing equipment manufacturers can extend their services beyond installation and provide after-sales services such as annual maintenance contracts.

After-sales services enhance the relationship of dairy equipment manufacturers with dairy processors through better services. The leading services that dairy processors need from dairy processing equipment manufacturers to contribute to their operational efficiencies include operator training, preventive maintenance by knowledgeable technicians, factory acceptance testing (FAT), and timely service

Dairy equipment manufacturers can take this as an opportunity to develop services such as scheduling preventive maintenance, notifying machine operators about when the maintenance will be performed, pinpoint a machine failure occurrence, and complete repairs faster for smoother operations. In the past, there have been food safety recalls in dairy processing factories, which have resulted in defamation of brands. The basics of good manufacturing practices, especially cleaning and sanitizing, and employee training guidance should be made available for dairy processors.

Challenge: High capital investment

Dairy processing equipment manufacturers require high capital investments to install various types of processing equipment. This installation incurs not only high costs but also requires timely maintenance, which acts as a cost addition that affects the operating margins of dairy processors.

In addition to this, membrane filtration, which is a widely used technology in dairy processing for the isolation of proteins and other ingredients from the milk, usually incurs a high setup cost. The setup cost for membrane filtration equipment is substantially high, which is expected to be a major obstacle for the market. In developing countries where membrane filtration technology does not have full penetration yet, the high cost of membrane filtration technology acts as a prominent obstacle for market growth.

On the basis of type, the pasteurizers segment is projected to be the largest segment during the forecast period

A pasteurizers are used for the process of pasteurization, which involves the heating of milk to a temperature below the boiling point for a period to kill the pathogens in it. The pasteurization involves heat-treatment processes and exposure to very low temperatures simultaneously which kills the harmful microorganisms and also inactive the dormant disease-causing spores if present. The rising concern for safety of dairy products amongst the COVID-19 is expected to increase the market for pasteurizers.

On the basis of application, the processed milk segment is projected to be the largest segment during the forecast period

Most of the dairy product is consumed in the form of fresh dairy products. According to a report published by International Dairy federation, the share of fresh dairy products in the world global consumption is expected to increase rapidly up to 2026 due to stronger demand growth in countries like India and Pakistan, in particular, which in turn is driven by income and population growth. Processed milk, commonly known as pasteurized milk, is heated to a minimum temperature of 161°F for a minimum time of 15 seconds or 145°F for 30 minutes to remove the presence of spoilage causing microbes. The same is packaged under clean and sanitized conditions. Ultra-pasteurized milk is another form of processed milk. In this type of pasteurization, the milk is heated to a minimum of 280°F for a short time of 2 seconds. This milk is then packaged under near-sterile conditions, which make it impossible for spoilage bacteria to contaminate the milk again. Both these types of milk require refrigeration.

Dairy Processing Equipment Market by Region

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Asia Pacific is projected to be the fastest and largest-growing region in the dairy processing equipment market.

The governments in Japan and Korea have favorable government policies to support the growth and development of the dairy industries. Flavored milk has also been gaining wide acceptance in the Asia Pacific region. India is the largest producer of milk in the world. Hence, the market for pasteurizers and homogenizers has been consistently rising in the Indian dairy processing equipment market.

According to the Food and Agriculture Organization (FAO), a very few countries across the globe are self-sufficient in milk production. In the Asia Pacific region, Australia and New Zealand have surplus milk production, while countries like China and Japan experience a deficit in the production of milk, due to which, there is high scope for the import of dairy & dairy-based products in these countries.

Key Market Players

Many domestic and global players provide dairy processing equipment to improve animal health and performance. Major manufacturers have their presence in the European and Asian countries. The key companies in the dairy processing equipment market are GEA Group (Germany), SPX FLOW, Inc (US), Tetra Laval International S.A. (Switzerland), Alfa Laval Corporate AB (Sweden), John Bean Technologies Corporation (JBT) Corporation (US). Various strategies, such as expansions, mergers & acquisitions, and new product launches, were adopted by the key companies to remain competitive in the dairy processing equipment market.

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Scope of the Report

Report Metric

Details

Market size estimation

2016–2026

Base year considered

2020

Forecast period considered

2021–2026

Units considered

Value (USD)

Segments covered

Type, Application, Mode of operation and Region

Regions covered

North America, Asia Pacific, Europe, South America, and RoW

Companies studied

GEA Group (Germany), SPX FLOW, Inc (US), Tetra Laval International S.A. (Switzerland), Alfa Laval Corporate AB (Sweden), John Bean Technologies Corporation (JBT) Corporation (US), IMA Industria Macchine Automatiche SPA (Italy), IDMC Limited (India), Feldmeier Equipment, Inc. (US), Scherjon Dairy Equipment Holland B.V. (Netherlands), Coperion GmbH (Germany), and Van Den Heuvel Dairy & Food Equipment B.V. (Netherlands) (Total 25 companies)

This research report categorizes the dairy processing equipment market based on type, application, mode of operation and region.

On the basis of type, the dairy processing equipment market has been segmented as follows:

  • Pasteurizers
  • Homogenizers
  • Mixers & blenders
  • Separators
  • Evaporators
  • Dryers
  • Membrane filtration equipment
  • Others (crystallizers, chillers, silos, cutters, and cheese vats)

On the basis of application, the dairy processing equipment market has been segmented as follows:

  • Processed milk
  • Fresh dairy products
  • Butter & buttermilk
  • Cheese
  • Milk powder
  • Protein ingredients

On the basis of operation, the dairy processing equipment market has been segmented as follows:

  • Automatic
  • Semi-automatic

On the basis of region, the dairy processing equipment market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • RoW (Africa and the Middle East)

Recent Developments

  • In June 2019, Alfa Laval introduced Think Top V 50/ V 70 which is a new and updated version of Think Top valve sensor. It is used as a hygiene valve in dairy, food & beverage, brewery, and pharmaceutical industries.
  • In February 2019, GEA Group (Germany) secured a contract from Shijiazhuang Junlebao Dairy (China), to build a new facility catering to infant formula. This expansion would allow the company to expand its footprint in the infant formula business in China.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 38)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           FIGURE 1 DAIRY PROCESSING EQUIPMENT: MARKET SEGMENTATION
           1.3.1 INCLUSIONS AND EXCLUSIONS
    1.4 REGIONS COVERED
    1.5 PERIODIZATION CONSIDERED
    1.6 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATES, 2016–2020
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 43)
    2.1 RESEARCH DATA
           FIGURE 2 DAIRY PROCESSING EQUIPMENT MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of primaries
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 3 DAIRY PROCESSING EQUIPMENT MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 4 DAIRY PROCESSING EQUIPMENT MARKET: TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
           FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS
    2.5 RESEARCH LIMITATIONS
    2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
    2.7 SCENARIO-BASED MODELLING
    2.8 COVID-19 HEALTH ASSESSMENT
           FIGURE 6 COVID-19: GLOBAL PROPAGATION
           FIGURE 7 COVID-19 PROPAGATION: SELECT COUNTRIES
    2.9 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 8 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
    2.1 COVID-19 ECONOMIC IMPACT ASSESSMENT: SCENARIO ASSESSMENT
           FIGURE 9 CRITERIA IMPACTING THE GLOBAL ECONOMY
           FIGURE 10 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY

3 EXECUTIVE SUMMARY (Page No. - 58)
    FIGURE 11 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD MILLION)
    FIGURE 12 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
    FIGURE 13 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021 VS. 2026 (USD MILLION)
    FIGURE 14 DAIRY PROCESSING EQUIPMENT MARKET SHARE AND GROWTH RATE, BY REGION, 2020

4 PREMIUM INSIGHTS (Page No. - 62)
    4.1 OPPORTUNITIES IN THE DAIRY PROCESSING EQUIPMENT MARKET
           FIGURE 15 INCREASING AUTOMATION OFFERED BY TECHNOLOGY PROVIDERS TO DRIVE THE GROWTH OF THE DAIRY PROCESSING EQUIPMENT MARKET
    4.2 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE AND REGION, 2020
           FIGURE 16 ASIA PACIFIC LED THE DAIRY PROCESSING EQUIPMENT MARKET IN 2020
    4.3 DAIRY PROCESSING EQUIPMENT MARKET, BY APPLICATION
           FIGURE 17 PROCESSED MILK ACCOUNTED FOR THE LARGEST SHARE IN 2020
    4.4 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION AND COUNTRY
           FIGURE 18 INDIA ACCOUNTED FOR THE LARGEST SHARE IN 2020
    4.5 DAIRY PROCESSING EQUIPMENT MARKET, BY KEY COUNTRY, 2020
           FIGURE 19 INDIA TO BE THE FASTEST-GROWING MARKET DURING THE FORECAST PERIOD FOR THE DAIRY PROCESSING EQUIPMENT MARKET

5 MARKET OVERVIEW (Page No. - 65)
    5.1 INTRODUCTION
           FIGURE 20 MILK PROCESSING: PROCESS FLOW DIAGRAM
    5.2 EVOLUTION
           FIGURE 21 DAIRY PROCESSING EVOLUTION
           TABLE 2 HISTORY OF DAIRY PROCESSING
    5.3 MARKET DYNAMICS
           FIGURE 22 MARKET DYNAMICS: DAIRY PROCESSING EQUIPMENT MARKET
           5.3.1 DRIVERS
                    5.3.1.1 Growing demand for dairy products
                               FIGURE 23 MAJOR MARKETS OF US DAIRY EXPORTS, 2016-2017 (USD MILLION)
                               TABLE 3 TOP 10 EXPORTING COUNTRIES OF MILK, 2020 (USD)
                               5.3.1.1.1 Growing production of milk due to the increasing consumption of dairy products
                               FIGURE 24 WORLD DAIRY PRODUCTION, 2016–2019 (THOUSAND TONS)
                    5.3.1.2 Adoption of efficiency-enhancing technologies by dairy product manufacturers
                               5.3.1.2.1 Growing traction for UHT milk and milk products
                               5.3.1.2.2 Demand for multifunctional dairy equipment
                    5.3.1.3 Increasing automation offered by technology providers
                    5.3.1.4 Abolition of milk quota in the European Union
           5.3.2 RESTRAINTS
                    5.3.2.1 Increasing energy costs
                    5.3.2.2 Health risks associated with whey protein
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Dairy processors demand after-sales services to enhance operational efficiencies
                    5.3.3.2 Support by the government and non-government bodies in terms of funding for SMEs and startups
                    5.3.3.3 Market to witness a boost in emerging economies
                               FIGURE 25 COW’S MILK PRODUCTION SHARE PER REGION, 2019
                    5.3.3.4 Expansion of product lines to cater to emerging applications
                               5.3.3.4.1 Infant formula
                               5.3.3.4.2 Energy & sports drinks
                               5.3.3.4.3 Fortified products
                    5.3.3.5 Innovation: Carbonated dairy-based beverages
           5.3.4 CHALLENGES
                    5.3.4.1 High capital investment
                               TABLE 4 INITIAL SETUP COST OF AN ULTRAFILTRATION SYSTEM
                    5.3.4.2 Growing demand for plant-based products
                               5.3.4.2.1 Growth in consumer preferences for vegan products
                               5.3.4.2.2 Increasing incidences of lactose intolerance & allergies leading to reduced dairy consumption
                               TABLE 5 LACTOSE-INTOLERANT POPULATION, 2017 (%)
                               TABLE 6 REPORTED OUTBREAKS OF ILLNESSES FROM DAIRY IN THE US, 2005-2016
                    5.3.4.3 Adulteration of dairy products to deteriorate the quality
                               TABLE 7 SAFETY AND FRAUD ISSUES RELATING TO MILK AND MILK PRODUCTS FOUND IN GREY LITERATURE, 2018-2019
           5.3.5 COVID-19 PANDEMIC IMPACT ON THE MARKET
                    FIGURE 26 CHART OF PRE- & POST-COVID SCENARIO IN THE DAIRY PROCESSING EQUIPMENT MARKET

6 INDUSTRY TRENDS (Page No. - 82)
    6.1 INTRODUCTION
    6.2 VALUE CHAIN
           FIGURE 27 DAIRY PROCESSING EQUIPMENT MARKET: VALUE CHAIN ANALYSIS
           6.2.1 RESEARCH & DEVELOPMENT
           6.2.2 INPUTS
           6.2.3 PROCESSING
           6.2.4 LOGISTICS & DISTRIBUTION
           6.2.5 MARKETING & SALES
    6.3 PRICING ANALYSIS: DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE
           TABLE 8 PRICING ANALYSIS OF DAIRY PROCESSING EQUIPMENT TYPE, 2020 (‘000 USD/PIECE)
           FIGURE 28 PRICING TREND OF DAIRY PROCESSING EQUIPMENT, BY TYPE, 2018-2020 (‘000 USD/PIECE)
           6.3.1 COVID-19 IMPACT ON THE PRICING OF DAIRY PROCESSING EQUIPMENT
           6.3.2 TECHNOLOGY ANALYSIS
                    6.3.2.1 Product advancements and latest trends
                    6.3.2.2 Research & development on dairy processing equipment & technology by dairy equipment manufacturers
                               6.3.2.2.1 Non-thermal technologies
    6.4 REGULATORY FRAMEWORK
           6.4.1 NORTH AMERICA
                    6.4.1.1 USFDA - US Food and Drug Administration inspection guide
                               6.4.1.1.1 CFR - Code of Federal Regulations Title 21
                    6.4.1.2 Justice Law, Canada
                    6.4.1.3 EU regulation on milk and milk products
    6.5 CASE STUDIES
           6.5.1 HEAT EXCHANGERS TO INCREASE THE CHEESE DRYING CAPACITY
                    TABLE 9 DAIRY PROCESSING EQUIPMENT MARKET: EVAPORATION TECHNOLOGY TO EXPAND THE CHEESE DRYING CAPACITY
           6.5.2 GROWING DEMAND FOR BETTER PASTEURIZATION TECHNIQUES
                    TABLE 10 DAIRY PROCESSING EQUIPMENT MARKET: GROWING DEMAND FOR BETTER AUTOMATED EQUIPMENT
    6.6 MARKET ECOSYSTEM & SUPPLY CHAIN
           FIGURE 29 DAIRY PROCESSING MARKET: SUPPLY CHAIN ANALYSIS
           6.6.1 DAIRY FARMERS
           6.6.2 DAIRY EQUIPMENT MANUFACTURERS
           6.6.3 DAIRY PROCESSORS
           6.6.4 DISTRIBUTORS
           6.6.5 END USERS
                    FIGURE 30 DAIRY PROCESSING EQUIPMENT: MARKET MAP
    6.7 PORTER’S FIVE FORCES ANALYSIS
           6.7.1 DAIRY PROCESSING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.7.2 INTENSITY OF COMPETITIVE RIVALRY
           6.7.3 BARGAINING POWER OF BUYERS
           6.7.4 BARGAINING POWER OF SUPPLIERS
           6.7.5 THREAT OF SUBSTITUTES
           6.7.6 THREAT OF NEW ENTRANTS
    6.8 TRADE ANALYSIS
           FIGURE 31 TOP EXPORTERS OF DAIRY PRODUCTS, BY VALUE (2016–2020)
           FIGURE 32 TOP IMPORTERS OF DAIRY PRODUCTS, BY VALUE (2016–2020)
    6.9 TRENDS/DISRUPTIONS IMPACTING THE CUSTOMER’S BUSINESS
           FIGURE 33 REVENUE SHIFT FOR THE DAIRY PROCESSING EQUIPMENT MARKET
    6.10 PATENT ANALYSIS
           FIGURE 34 TOP PUBLICATION YEAR
           FIGURE 35 TOP 10 APPLICANTS IN THE LAST 10 YEARS
           TABLE 11 PATENTS PERTAINING TO DAIRY PROCESSING EQUIPMENT, 2017–2021

7 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE (Page No. - 110)
    7.1 INTRODUCTION
           FIGURE 36 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD MILLION)
           TABLE 12 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 13 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
    7.2 COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE
           TABLE 14 REALISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
           TABLE 15 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
           TABLE 16 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
    7.3 PASTEURIZERS
           7.3.1 MILLISECOND TECHNOLOGY IS A NEWLY PATENTED PASTEURIZATION TECHNIQUE
                    TABLE 17 PASTEURIZERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 18 PASTEURIZERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.4 HOMOGENIZERS
           7.4.1 HOMOGENIZATION OF COLD MILK IS VIRTUALLY INEFFECTIVE DUE TO FAT SOLIDIFICATION
                    TABLE 19 HOMOGENIZERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 20 HOMOGENIZERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.5 MIXERS AND BLENDERS
           7.5.1 APPLICATION OF DIFFERENT TYPES OF MIXERS IN THE FOOD & BEVERAGE INDUSTRY DEPENDS ON THE PHASES BEING MIXED
                    TABLE 21 MIXERS & BLENDERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 22 MIXERS & BLENDERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.6 SEPARATORS
           7.6.1 PARING DISCS AND HERMETIC SEPARATORS ARE COMMONLY USED CENTRIFUGAL SEPARATORS IN THE DAIRY INDUSTRY
                    TABLE 23 SEPARATORS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 24 SEPARATORS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.7 EVAPORATORS
           7.7.1 THE DAIRY PROCESSING INDUSTRY IS UTILIZING CLOSED-LOOP EVAPORATORS TO CUT DOWN ON THE COST INCURRED DURING THE PROCESS
                    TABLE 25 EVAPORATORS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 26 EVAPORATORS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.8 DRYERS
           7.8.1 DRYERS HELP TO PRESERVE MILK FOR A LONG PERIOD BY REDUCING THE MOISTURE CONTENT
                    TABLE 27 DRYERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 28 DRYERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.9 MEMBRANE FILTRATION EQUIPMENT
           7.9.1 THE DAIRY INDUSTRY UTILIZES MEMBRANE FILTRATION TECHNIQUES TO REDUCE THE PRESENCE OF BACTERIA IN MILK
                    TABLE 29 MEMBRANE FILTRATION EQUIPMENT: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 30 MEMBRANE FILTRATION EQUIPMENT: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.10 OTHER TYPES
           7.10.1 CHEESE VATS ARE USED IN THE REMOVAL OF CURD FROM WHEY
                    TABLE 31 OTHER TYPES: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 32 OTHER TYPES: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

8 DAIRY PROCESSING EQUIPMENT MARKET, BY APPLICATION (Page No. - 127)
    8.1 INTRODUCTION
           FIGURE 37 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
           TABLE 33 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
           TABLE 34 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
    8.2 IMPACT OF COVID-19 ON DAIRY PROCESSING EQUIPMENT APPLICATIONS
           8.2.1 HIGH IMPACT ON THE DAIRY PROCESSING EQUIPMENT INDUSTRY – PROCESSED MILK AND FRESH DAIRY PRODUCTS
           8.2.2 LOW IMPACT ON THE LIVESTOCK INDUSTRIES – MILK POWDER AND PROTEIN INGREDIENTS
                    TABLE 35 REALISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
                    TABLE 36 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
                    TABLE 37 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
    8.3 PROCESSED MILK
           8.3.1 RAW MILK CAN HARBOR DANGEROUS BACTERIA THAT CAN POSE SERIOUS HEALTH RISKS
                    TABLE 38 PROCESSED MILK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 39 PROCESSED MILK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.4 FRESH DAIRY PRODUCTS
           8.4.1 YOGURT IS FORTIFIED WITH VITAMIN D AND IS RICH IN CALCIUM AND GUT-FRIENDLY BACTERIA
                    TABLE 40 FRESH DAIRY PRODUCTS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 41 FRESH DAIRY PRODUCTS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.5 BUTTER & BUTTERMILK
           8.5.1 BUTTERMILK IS ALSO USED AS A FROZEN DESSERT DUE TO WHICH COMPANIES ARE INNOVATING VARIOUS FLAVORS
                    TABLE 42 BUTTER & BUTTERMILK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 43 BUTTER & BUTTERMILK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.6 CHEESE
           8.6.1 DEMAND FOR CHEESE HAS INCREASED FROM THE EMERGING ECONOMIES OF ASIA PACIFIC, THEREBY FUELING THE MARKET FOR CHEESE PROCESSING EQUIPMENT
                    TABLE 44 CHEESE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 45 CHEESE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.7 MILK POWDER
           8.7.1 MILK POWDERS ARE FINDING MORE APPLICATIONS IN INFANT FORMULA
                    TABLE 46 MILK POWDER: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 47 MILK POWDER: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.8 PROTEIN INGREDIENTS
           8.8.1 PRODUCERS ARE LOOKING AT BRINGING COST-EFFECTIVE AND PALATABLE WHEY-BASED PRODUCTS FOR CONSUMERS
                    TABLE 48 PROTEIN INGREDIENTS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 49 PROTEIN INGREDIENTS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

9 DAIRY PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION (Page No. - 142)
    9.1 INTRODUCTION
           FIGURE 38 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021 VS. 2026 (USD MILLION)
           TABLE 50 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
           TABLE 51 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
    9.2 IMPACT OF COVID-19 ON DAIRY PROCESSING EQUIPMENT, BY MODE OF OPERATION
           TABLE 52 REALISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
           TABLE 53 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
           TABLE 54 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
    9.3 AUTOMATIC
           9.3.1 ADOPTION OF AUTOMATION HAS MANY BENEFITS OTHER THAN TIME-SAVING AND EFFICIENCY
                    TABLE 55 AUTOMATIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 56 AUTOMATIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.4 SEMI-AUTOMATIC
           9.4.1 SEMI-AUTOMATIC PASTEURIZING SYSTEMS AID IN MEETING THE DAIRY REQUIREMENTS IN URBAN AND SEMI-URBAN AREAS
                    TABLE 57 SEMI-AUTOMATIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 58 SEMI-AUTOMATIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

10 DAIRY PROCESSING EQUIPMENT MARKET, BY REGION (Page No. - 149)
     10.1 INTRODUCTION
               FIGURE 39 INDIA TO RECORD THE LARGEST SHARE DURING THE FORECAST PERIOD IN THE DAIRY PROCESSING EQUIPMENT MARKET
               TABLE 59 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
               TABLE 60 DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.2 REGIONAL OPERATIONAL DRIVERS
             10.2.1 TECHNOLOGICAL INNOVATIONS IN THE DAIRY PROCESSING INDUSTRY
             10.2.2 NON-AVAILABILITY OF LABOR AND EFFICIENCY OF DAIRY PROCESSING EQUIPMENT
     10.3 COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET, BY REGION
             10.3.1 HIGH IMPACT REGIONS - NORTH AMERICA AND EUROPE
             10.3.2 LOW IMPACT REGIONS - ASIA PACIFIC
                       TABLE 61 REALISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 62 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 63 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
     10.4 NORTH AMERICA
               TABLE 64 NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 65 NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 66 NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 67 NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 68 NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 69 NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 70 NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
               TABLE 71 NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.4.1 US
                       10.4.1.1 The growing demand for nutritional products is paving the way for the growth of the dairy industry
                                   FIGURE 40 US DAIRY EXPORTS, 2019 VS. 2020 (METRIC TONS)
                                   TABLE 72 US: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 73 US: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 74 US: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 75 US: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.4.2 CANADA
                       10.4.2.1 Canadian imports of dairy products have been consistently higher than exports
                                   FIGURE 41 CANADA: DAIRY PRODUCT EXPORTS & IMPORTS (VALUE), 2016-2020
                                   TABLE 76 CANADIAN DAIRY PRODUCTS EXPORTS, JANUARY 2018 – NOVEMBER 2018
                                   TABLE 77 CANADA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 78 CANADA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 79 CANADA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 80 CANADA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.4.3 MEXICO
                       10.4.3.1 High demand for cheese and drinkable products to boost the dairy processing equipment market
                                   FIGURE 42 TOTAL CONSUMPTION OF SKIMMED MILK POWDER & WHOLE MILK POWDER IN MEXICO, 2017–2025 (KT)
                                   TABLE 81 MEXICO: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 82 MEXICO: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 83 MEXICO: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 84 MEXICO: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
     10.5 EUROPE
               TABLE 85 EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 86 EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 87 EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 88 EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 89 EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 90 EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 91 EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
               TABLE 92 EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.5.1 GERMANY
                       10.5.1.1 Growing demand for milk powder fuels the market growth for evaporators & dryers in the country
                                   FIGURE 43 GERMANY DAIRY PRODUCTS EXPORT VOLUME, 2018
                                   TABLE 93 GERMANY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 94 GERMANY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 95 GERMANY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 96 GERMANY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.5.2 UK
                       10.5.2.1 High export value of dairy products presents opportunities for installing processing equipment in the country
                                   FIGURE 44 UK DAIRY TRADE DATA, 2020 TO JULY 2021
                                   TABLE 97 UK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 98 UK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 99 UK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 100 UK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.5.3 FRANCE
                       10.5.3.1 Increase in support from government and non-government organizations to spur the market growth in France
                                   TABLE 101 FRANCE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 102 FRANCE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 103 FRANCE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 104 FRANCE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.5.4 ITALY
                       10.5.4.1 Fast growth in the Italian market is attributed to the growing demand for varieties of cheese products
                                   TABLE 105 ITALY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 106 ITALY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 107 ITALY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 108 ITALY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.5.5 NETHERLANDS
                       10.5.5.1 Market growth is attributed to the emergence of new players in the Dutch dairy processing equipment market
                                   FIGURE 45 DUTCH EXPORT REVENUES (BILLION EUROS), 2019
                                   TABLE 109 NETHERLANDS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 110 NETHERLANDS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 111 NETHERLANDS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 112 NETHERLANDS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.5.6 RUSSIA
                       10.5.6.1 Foreign investments have allowed local companies to profit
                                   FIGURE 46 RUSSIA: PRODUCTION VOLUME OF DAIRY PRODUCTS, 2017
                                   TABLE 113 RUSSIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 114 RUSSIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 115 RUSSIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 116 RUSSIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.5.7 REST OF EUROPE
                       10.5.7.1 Rise in technological advancements is projected to fuel the market growth during the forecast period
                                   TABLE 117 REST OF EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 118 REST OF EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 119 REST OF EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 120 REST OF EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
     10.6 ASIA PACIFIC
               FIGURE 47 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SNAPSHOT
               TABLE 121 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 122 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 123 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 124 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 125 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 126 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 127 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
               TABLE 128 ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.6.1 CHINA
                       10.6.1.1 Dairy processing is gaining momentum in the infant formula application in China
                                   FIGURE 48 TOTAL CONSUMPTION OF SKIMMED & WHOLE MILK POWDER IN CHINA, 2017–2025 (KT)
                                   TABLE 129 CHINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 130 CHINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 131 CHINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 132 CHINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.6.2 INDIA
                       10.6.2.1 The demand for packaged fluid milk and other dairy products is rising in India
                                   FIGURE 49 COMMODITY-WISE SHARE OF ORGANIZED DAIRY EQUIPMENT, 2019
                                   TABLE 133 INDIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 134 INDIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 135 INDIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 136 INDIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.6.3 JAPAN
                       10.6.3.1 Scientists are experimenting on the use of casein and soybean protein to manufacture artificial milk products to meet the growing demand for dairy products
                                   FIGURE 50 CHEESE EXPORTERS TO JAPAN, 2017 (VOLUME)
                                   TABLE 137 JAPAN: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 138 JAPAN: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 139 JAPAN: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 140 JAPAN: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.6.4 AUSTRALIA
                       10.6.4.1 Due to the increase in ‘coffee culture,’ the country faces an increase in the demand for flavored milk products
                                   FIGURE 51 AUSTRALIAN UTILIZATION OF MILK IN THE DAIRY PROCESSING INDUSTRY, 2018 (VOLUME)
                                   FIGURE 52 USAGE OF MILK IN AUSTRALIA, BY STATE, 2017–2018 (VOLUME)
                                   TABLE 141 AUSTRALIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 142 AUSTRALIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 143 AUSTRALIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 144 AUSTRALIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.6.5 NEW ZEALAND
                       10.6.5.1 Some attractive areas to invest in New Zealand’s dairy business include dairy-derived nutraceuticals and frozen bakery products
                                   FIGURE 53 NEW ZEALAND’S YEARLY MILK PRODUCTION, 2017-SEPTEMBER 2021 (‘000 TONNES)
                                   TABLE 145 NEW ZEALAND: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 146 NEW ZEALAND: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 147 NEW ZEALAND: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 148 NEW ZEALAND: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.6.6 REST OF ASIA PACIFIC
                       10.6.6.1 Growing concerns about obesity among the Korean population have led to an increase in the demand for fat-free and skimmed milk
                                   TABLE 149 REST OF ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 150 REST OF ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 151 REST OF ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 152 REST OF ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
     10.7 SOUTH AMERICA
               TABLE 153 SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 154 SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 155 SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 156 SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 157 SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 158 SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 159 SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
               TABLE 160 SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.7.1 BRAZIL
                       10.7.1.1 Rising demand from Brazilian consumers for mozzarella and fresh white variants of cheese
                                   TABLE 161 DOMESTIC CONSUMPTION OF DAIRY PROCESSED FOODS IN BRAZIL, 2014–2017 (KT)
                                   TABLE 162 BRAZIL: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 163 BRAZIL: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 164 BRAZIL: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 165 BRAZIL: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.7.2 ARGENTINA
                       10.7.2.1 There is a shift in preference among consumers in Argentina from loosely sold dairy products to packaged ones
                                   TABLE 166 ARGENTINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 167 ARGENTINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 168 ARGENTINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 169 ARGENTINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.7.3 REST OF SOUTH AMERICA
                       10.7.3.1 Evaporated milk is popular among Peruvian consumers due to its longer shelf-life
                                   TABLE 170 REST OF SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 171 REST OF SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 172 REST OF SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 173 REST OF SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
     10.8 REST OF THE WORLD (ROW)
               TABLE 174 REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2016–2020 (USD MILLION)
               TABLE 175 REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2021–2026 (USD MILLION)
               TABLE 176 REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 177 REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 178 REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 179 REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 180 REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
               TABLE 181 REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.8.1 SOUTH AFRICA
                       10.8.1.1 A shift in the demand is observed from fresh dairy products to pre-packaged cheese and margarine among South African consumers
                                   FIGURE 54 SOUTH AFRICA: IMPORT OF DAIRY PRODUCTS, 2017 (VOLUME)
                                   TABLE 182 SOUTH AFRICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 183 SOUTH AFRICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 184 SOUTH AFRICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 185 SOUTH AFRICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.8.2 MIDDLE EAST
                       10.8.2.1 Developing countries such as Saudi Arabia and Iran are witnessing an increased demand for butter and fresh dairy products
                                   TABLE 186 MIDDLE EAST: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 187 MIDDLE EAST: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 188 MIDDLE EAST: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 189 MIDDLE EAST: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             10.8.3 OTHERS IN ROW
                       10.8.3.1 Demand for nutritional supplements to propel the growth of dairy consumption
                                   TABLE 190 OTHERS IN ROW: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 191 OTHERS IN ROW: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                   TABLE 192 OTHERS IN ROW: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
                                   TABLE 193 OTHERS IN ROW: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)

11 COMPETITIVE LANDSCAPE (Page No. - 220)
     11.1 OVERVIEW
     11.2 MARKET SHARE ANALYSIS
               TABLE 194 DAIRY PROCESSING EQUIPMENT MARKET: DEGREE OF COMPETITION (CONSOLIDATED)
     11.3 KEY PLAYER STRATEGIES
     11.4 REVENUE ANALYSIS OF KEY PLAYERS, 2016-2020
               FIGURE 55 REVENUE ANALYSIS (SEGMENTAL) OF KEY PLAYERS IN THE MARKET, 2016–2020 (USD BILLION)
     11.5 COMPANY EVALUATION QUADRANT
             11.5.1 STARS
             11.5.2 EMERGING LEADERS
             11.5.3 PERVASIVE PLAYERS
             11.5.4 PARTICIPANT
                       FIGURE 56 DAIRY PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020
             11.5.5 PRODUCT FOOTPRINT
                       TABLE 195 COMPANY APPLICATION FOOTPRINT
                       TABLE 196 COMPANY MODE OF OPERATION FOOTPRINT
                       TABLE 197 COMPANY REGION FOOTPRINT
                       TABLE 198 COMPANY OVERALL FOOTPRINT
     11.6 COMPETITIVE EVALUATION QUADRANT (OTHER PLAYERS)
             11.6.1 PROGRESSIVE COMPANIES
             11.6.2 STARTING BLOCKS
             11.6.3 RESPONSIVE COMPANIES
             11.6.4 DYNAMIC COMPANIES
                       FIGURE 57 DAIRY PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020 (OTHER PLAYERS)
     11.7 PRODUCT LAUNCHES, DEALS, AND OTHER DEVELOPMENTS
             11.7.1 PRODUCT LAUNCHES
                       TABLE 199 PRODUCT LAUNCHES, 2019
             11.7.2 DEALS
                       TABLE 200 DEALS, 2018-MARCH 2021
             11.7.3 OTHERS
                       TABLE 201 OTHERS, 2021

12 COMPANY PROFILES (Page No. - 235)
     12.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View)*
             12.1.1 GEA GROUP
                       TABLE 202 GEA GROUP: BUSINESS OVERVIEW
                       FIGURE 58 GEA GROUP: COMPANY SNAPSHOT
                       TABLE 203 GEA GROUP: PRODUCTS OFFERED
             12.1.2 SPX FLOW
                       TABLE 204 SPX FLOW: BUSINESS OVERVIEW
                       FIGURE 59 SPX FLOW: COMPANY SNAPSHOT
                       TABLE 205 SPX FLOW: PRODUCTS OFFERED
             12.1.3 TETRA LAVAL
                       TABLE 206 TETRA LAVAL: BUSINESS OVERVIEW
                       FIGURE 60 TETRA LAVAL: COMPANY SNAPSHOT
                       TABLE 207 TETRA LAVAL: PRODUCTS OFFERED
             12.1.4 ALFA LAVAL
                       TABLE 208 ALFA LAVAL: BUSINESS OVERVIEW
                       FIGURE 61 ALFA LAVAL: COMPANY SNAPSHOT
                       TABLE 209 ALFA LAVAL: PRODUCTS OFFERED
             12.1.5 JBT CORPORATION
                       TABLE 210 JBT CORPORATION: BUSINESS OVERVIEW
                       FIGURE 62 JBT CORPORATION: COMPANY SNAPSHOT
                       TABLE 211 JBT CORPORATION: PRODUCTS OFFERED
             12.1.6 IDMC LIMITED
                       TABLE 212 IDMC LIMITED: BUSINESS OVERVIEW
                       TABLE 213 IDMC LIMITED: PRODUCTS OFFERED
             12.1.7 FELDMEIER EQUIPMENT, INC.
                       TABLE 214 FELDMEIER EQUIPMENT, INC.: BUSINESS OVERVIEW
                       TABLE 215 FELDMEIER EQUIPMENT, INC.: PRODUCTS OFFERED
             12.1.8 SCHERJON
                       TABLE 216 SCHERJON: BUSINESS OVERVIEW
                       TABLE 217 SCHERJON: PRODUCTS OFFERED
                       TABLE 218 DAIRY PROCESSING EQUIPMENT MARKET: PRODUCT LAUNCHES
             12.1.9 COPERION
                       TABLE 219 COPERION: BUSINESS OVERVIEW
                       TABLE 220 COPERION PRODUCTS OFFERED
             12.1.10 VAN DEN HEUVEL DAIRY & FOOD EQUIPMENT
                       TABLE 221 VAN DEN HEUVEL DAIRY & FOOD EQUIPMENT: BUSINESS OVERVIEW
                       TABLE 222 VAN DEN HEUVEL DAIRY & FOOD EQUIPMENT: PRODUCTS OFFERED
     12.2 OTHER PLAYERS
             12.2.1 GEMAK LTD.
                                   TABLE 223 GEMAK LTD.: BUSINESS OVERVIEW
                                   TABLE 224 GEMAK LTD.: PRODUCTS OFFERED
             12.2.2 RODEM
                       TABLE 225 RODEM: BUSINESS OVERVIEW
                       TABLE 226 RODEM: PRODUCTS OFFERED
             12.2.3 FENCO FOOD MACHINERY S.R.L
                       TABLE 227 FENCO FOOD MACHINERY S.R.L: BUSINESS OVERVIEW
                       TABLE 228 FENCO FOOD MACHINERY S.R.L: PRODUCTS OFFERED
             12.2.4 HRS HEAT EXCHANGERS
                       TABLE 229 HRS HEAT EXCHANGERS: BUSINESS OVERVIEW
                       TABLE 230 HRS HEAT EXCHANGERS: PRODUCTS OFFERED
             12.2.5 SEALTECH ENGINEERS
                       TABLE 231 SEALTECH ENGINEERS: BUSINESS OVERVIEW
                       TABLE 232 SEALTECH ENGINEERS: PRODUCTS OFFERED
             12.2.6 DAIRY TECH INDIA
             12.2.7 VINO TECHNICAL SERVICES
             12.2.8 SSP PVT LTD.
             12.2.9 SKYLARK ENGINEERS
             12.2.10 COMAT

* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.

13 ADJACENT & RELATED MARKETS (Page No. - 274)
     13.1 INTRODUCTION
     13.2 LIMITATIONS
     13.3 DAIRY ALTERNATIVES MARKET
             13.3.1 MARKET DEFINITION
             13.3.2 MARKET OVERVIEW
             13.3.3 DAIRY ALTERNATIVES MARKET, BY SOURCE
                       TABLE 233 DAIRY ALTERNATIVES MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
                       TABLE 234 DAIRY ALTERNATIVES MARKET SIZE, BY SOURCE, 2020–2025 (MILLION LITERS)
             13.3.4 DAIRY ALTERNATIVES MARKET, BY REGION
                       TABLE 235 DAIRY ALTERNATIVES MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
                       TABLE 236 DAIRY ALTERNATIVES MARKET SIZE, BY REGION, 2020–2025 (MILLION LITERS)
     13.4 DAIRY INGREDIENTS MARKET
             13.4.1 LIMITATIONS
             13.4.2 MARKET DEFINITION
             13.4.3 MARKET OVERVIEW
             13.4.4 DAIRY INGREDIENTS MARKET, BY TYPE
                       TABLE 237 DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION)
                       TABLE 238 DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (KT)
             13.4.5 DAIRY INGREDIENTS MARKET, BY REGION
                       13.4.5.1 Introduction
                                   TABLE 239 DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
                                   TABLE 240 DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2017–2025 (KT)
     13.5 BEVERAGE PROCESSING EQUIPMENT MARKET
             13.5.1 LIMITATIONS
             13.5.2 MARKET DEFINITION
             13.5.3 MARKET OVERVIEW
             13.5.4 BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE
                       TABLE 241 BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY BEVERAGE TYPE, 2017–2025 (USD MILLION)
             13.5.5 BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION
                       13.5.5.1 Introduction
                                   TABLE 242 BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)

14 APPENDIX (Page No. - 283)
     14.1 DISCUSSION GUIDE
     14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     14.3 AVAILABLE CUSTOMIZATIONS
     14.4 RELATED REPORTS
     14.5 AUTHOR DETAILS

The study involved four major activities in estimating the current market size for dairy processing equipment. Exhaustive secondary research was conducted to segregate information on the peer market and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the complete market size. Thereafter, data triangulation was used, and the market breakdown was done to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources were referred to identify and collect information for this study. The secondary sources included annual reports, press releases and investor presentations of companies, white papers, certified publications, articles from recognized authors, gold & silver standard websites, regulatory bodies, trade directories, and databases. The main purpose of Secondary research was to obtain important information about the industry’s supply chain, the market’s value chain, key players, and the market classification and segmentation according to the industry trends to the bottom-most level, and geographical markets. It was also used to obtain information on key developments from a market-oriented perspective.

Primary Research

In the primary research process, various sources from the supply and demand sides of dairy processing equipment were interviewed to obtain quantitative and qualitative information. The market comprises several stakeholders, which include dairy farmers, dairy equipment manufacturers, dairy processors, distributors, and dairy cooperatives in the supply chain. The primary interviewees from the demand side include research institutions, dairy equipment manufacturers, government agencies, and the dairy industry associations, and dairy cooperative societies. The primary sources from the suppliers includes dairy product manufacturers, milk producing farms, and raw material and dairy equipment suppliers, and key opinion leaders.

Dairy Processing Equipment Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

To estimate and validate the total size of the dairy processing equipment market, both the top-down and bottom-up approaches were used. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following details:

  • The key players in the industry and markets were identified through extensive secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders such as CEOs, directors, and marketing executives.

Global Dairy processing equipment Market Size: Bottom-Up Approach

Dairy Processing Equipment Market  Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Global Dairy processing equipment Market Size: Top-Down Approach

Dairy Processing Equipment Market  Size, and Share

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market research process and arrive at the exact statistics for all the segments and subsegments, the data triangulation and market breakdown procedures were employed wherever applicable. After the market was validated using both the top-down and bottom-up approaches, the data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • Determining and projecting the size of the dairy processing equipment market with respect to type, application, operation, and region over a five-year period from 2021 to 2026
  • Identifying the attractive opportunities in the market by determining its largest and fastest-growing segments across the key regions.
  • Analyzing the demand-side factors on the basis of the following:
    • Impact of macro- and microeconomic factors on the market
    • Shifts in demand patterns across different subsegments and regions
  • Identifying and profiling key market players in the dairy processing equipment market on the basis of the following:
    • Product/service offering
    • Business strategies
    • Strengths, weaknesses, opportunities, and threats
    • Key financials
  • Understanding the competitive landscape for a comparative analysis of market leaders and identifying the key market shareholders across the industry.
  • Identifying the major growth strategies adopted by players across the key regions.
  • Analyzing regulatory frameworks across regions and their impact on prominent market players
  • Providing insights on key investments in technology innovations.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Segmental Analysis

  • Further breakdown of other equipment types, by region, in the dairy processing equipment market
  • Further breakdown of equipment types by country in the dairy processing equipment market

Geographic Analysis

  • With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
  • Further breakdown of the Rest of Asia Pacific dairy processing equipment market, by key country
  • Further breakdown of the Rest of European dairy processing equipment market, by key country
  • Further breakdown of the Rest of the World dairy processing equipment market, by key country

Company Information

  • Detailed analyses and profiling of additional market players.
COVID-19

Get in-depth analysis of the COVID-19 impact on the Dairy Processing Equipment Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Dairy Processing Equipment Market

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Report Code
FB 3149
Published ON
Nov, 2021
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