What is Milk Processing Equipment?
Milk Processing Equipment is a type of dairy machinery that includes and describes a wide range of machine types used in the production and processing of dairy-related products such as yoghurt, ice cream, processed cheese, and desserts. It is a slightly different genre than pure milking machinery. Dairy equipment is used to process milk into various dairy products such as cream, butter, cheese, and others. These pieces of dairy equipment help to increase production while decreasing packaging time and labour costs. These machines carry out well-known dairy tasks like manufacturing, milk processing, storing, pasteurizing, transporting, and packaging. Total process lines, plate heat exchangers, tubular heat exchangers, evaporation systems, ultra-high temperature equipment, cream churner milk containers, butter churns, storage milk tanks, and mixers are all used in dairy plants. This equipment requires raw materials such as stainless steel (SS) plates, SS sheets, mild steel rods, mild steel sheets, SS rods, and SS sections. Some types of milk processing equipment are useful on dairy farms.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Alfa Laval Corporate AB (Sweden), GEA Group (Germany), Patkol Public Company Limited (Thailand), Tetra Laval International (Sweden), IDMC Limited (India), Feldmeier Equipment, Inc. (United States), A&B Processing Systems (United States), Scherjon Equipment Holland B.V. (Netherlands), Krones AG (Germany) and SPX Corporation (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Pasteurizers, Homogenizers, Mixers & blenders, Separators, Evaporators, Dryers, Membrane filtration equipment and Others) , by application (Processed Milk, Milk Powder, Cream, Cheese and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Milk Processing Equipment market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Milk Processing Equipment market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Alfa Laval Corporate AB (Sweden), GEA Group (Germany), Patkol Public Company Limited (Thailand), Tetra Laval International (Sweden), IDMC Limited (India), Feldmeier Equipment, Inc. (United States), A&B Processing Systems (United States), Scherjon Equipment Holland B.V. (Netherlands), Krones AG (Germany) and SPX Corporation (United States).
Market Overview:
On 1st June 2021, StormGeo, a global leader in weather intelligence and advanced data science solutions, has been acquired by Alfa Laval. The acquisition is part of Alfa Laval's strategy to help the marine industry improve operational efficiency, and it will also expand Alfa Laval's knowledge of digital services.
According to NYCRR Regulations, EQUIPMENT INSTALLER PERMIT, applications and supporting documentation must be submitted and fully approved by this Department prior to the beginning of the installation or modification of milk or milk product processing equipment or any construction, reconstruction, or extensive renovation of a milk or milk product processing facility, including transfer facilities. Full details about specific applications and the required information that must be submitted with those applications can be found in the document Instructions for Making an Application for the Installation or Modification of Milk Handling Equipment, Construction or Renovation of a Process Facility, or Installation or Modification of a Continuous Flow Pasteurizer.
The global milk processing equipment market is fragmented with the presence of a large number of players. The intense competition among vendors worldwide creates difficulty for emerging players to compete with the leaders in the market in terms of quality, technology, and product pricing.
Market Trend
Rising Automotive Trends in Milk Processing Equipment
Restraints
Opportunities
Dairy Processors Demand After-Sales Services to Enhance Operational Efficiencies
Key highlights of the Global Milk Processing Equipment market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Milk Processing Equipment market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Milk Processing Equipment market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Milk Processing Equipment Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Milk Processing Equipment market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Milk Processing Equipment market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Milk Processing Equipment Manufacturer, Milk Processing Equipment Suppliers & Distributors, Regulating Authorities and Policymakers, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.