The global dairy processing equipments market size is expected to reach USD 15.78 billion by 2032, according to a new study by Polaris Market Research. The report “Dairy Processing Equipment’s Market Share, Size, Trends, Industry Analysis Report, By Type (Evaporators, Homogenizers, Membrane Filtration Equipment, Separators, Pasteurizers, Others); By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market is set for expansion, propelled by the growing appetite for processed dairy products and their sustainability. This upsurge in demand is linked to evolving dietary trends and shifts in the consumption of cheese, cream, yogurt, and a range of dairy items. The evolving consumer preference for a well-rounded combination of nutrition, flavor, and product diversity is anticipated to be a significant driver of industry growth. Furthermore, as raw material costs decrease, the dairy processing industry expands, and the demand for improved production capabilities rises, it is likely to provide additional impetus to market growth during the forecast period.
The increased consumption and production of dairy products is primarily propelling the global market. Dairy processing equipment plays a crucial role in this trend by enhancing the shelf-life of dairy items, facilitating the filling and packaging of milk for transportation, and reducing carbohydrate and fat content. Additionally, changing consumer preferences are driving a shift towards value-added milk-based products, contributing to market growth.
Manufacturers are also heavily investing in research and development efforts to enhance equipment efficiency. They are introducing innovative designs, such as smart hydraulic systems that efficiently combine very low baseline pressure with high crossflow for effective microfiltration. Furthermore, they are harnessing thermosensation technology, which utilizes low heat and ultrasound waves to deactivate microorganisms.
The emergence of Industry 4.0 has further influenced the dairy processing equipment industry. This has led to the integration of machine learning, the Internet of Things, and cloud computing with the equipment, resulting in smarter, more advanced solutions.
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Additionally, a study published in the National Library of Medicine in June 2021 highlighted the significant impact of coronary artery disease (CAD) on global health. CAD alone is responsible for approximately 610,000 deaths annually, accounting for an estimated one in four deaths and making it the foremost cause of mortality in the United States. With the incidence of CAD rising, there is a growing demand for effective Dairy Processing Equipments devices to address this pressing medical need. Consequently, this factor is projected to drive the demand for Dairy Processing Equipmentss throughout the forecast period.
Dairy Processing Equipments Market Report Highlights
Polaris Market Research has segmented the Dairy Processing Equipments market report based on type, application, and region:
Dairy Processing Equipments, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Dairy Processing Equipments, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Dairy Processing Equipments, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 10.08 billion |
Revenue forecast in 2032 |
USD 15.78 billion |
CAGR |
5.80% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments Covered |
By Type, By Application, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
For Specific Research Requirements |