NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The dairy processing equipment market size is forecasted to increase by USD 3,268.57 million from 2022 to 2027, at a CAGR of 5.77%, according to the recent market study by Technavio. The growth of the market will be driven by the growing market for fortified dairy products, growing preference for cost-saving and energy-efficient equipment, and compliance of dairy processing companies with standards and regulations.
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report
Technavio has extensively analyzed 15 major vendors, including ABL Technology Ltd., Admix Inc., Agrometal Ltd., Alfa Laval Corporate AB, Feldmeier Equipment Inc., GEA Group AG, Goma Engineering Pvt. Ltd., Hillenbrand Inc., IDMC Ltd., IMA Industria Macchine Automatiche Spa, John Bean Technologies Corp., KRONES AG, Nordic Dairy Technology ApS, Paul Mueller Co. Inc., ProXES GmbH, Sanchelima International Inc., Scherjon Equipment Holland BV, SPX FLOW Inc., SSP Pvt. Ltd., and Tetra Laval S.A.
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Key benefits for industry players & stakeholders –
- The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
- It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
- The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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Customer landscape - Analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria by Technavio
- One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
- Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
- Furthermore, market adoption rates for all regions have been covered.
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The market is segmented by application (processed milk, milk powder, cream, cheese, and others) and type (pasteurizers, homogenizers, separators, evaporators and dryers, and others).
Segmentation by application (inclusion/exclusion)
- Inclusion:
- Processed milk:
The processed milk segment was valued at USD 2,041.68 million in 2017 and continued to grow until 2021. This segment will account for a significant share of the global market during the forecast period. Pasteurizers, homogenizers, and heat exchangers are the equipment used to obtain processed milk. Key vendors are developing advanced technologies to process milk, which thereby will increase its demand. For instance, with HTST heating technology, milk is heated to over 161 degrees Fahrenheit for more than 15 seconds, which kills pathogenic bacteria. Hence, end-users such as dairy processing companies are focusing on investing in advanced dairy processing equipment. This, in turn, will drive the growth of the segment in the global market during the forecast period.
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What are the key data covered in this dairy processing equipment market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the dairy processing equipment market between 2023 and 2027
- Precise estimation of the size of the dairy processing equipment market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the dairy processing equipment market across APAC, Europe, North America, South America, and Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of dairy processing equipment market vendors
Dairy Processing Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
181 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.77% |
Market growth 2023-2027 |
USD 3,268.57 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.67 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 40% |
Key countries |
US, China, India, Germany, and France |
Competitive landscape |
Leading vendors, market positioning of vendors, competitive strategies, and industry risks |
Key companies profiled |
ABL Technology Ltd., Admix Inc., Agrometal Ltd., Alfa Laval Corporate AB, Feldmeier Equipment Inc., GEA Group AG, Goma Engineering Pvt. Ltd., Hillenbrand Inc., IDMC Ltd., IMA Industria Macchine Automatiche Spa, John Bean Technologies Corp., KRONES AG, Nordic Dairy Technology ApS, Paul Mueller Co. Inc., ProXES GmbH, Sanchelima International Inc., Scherjon Equipment Holland BV, SPX FLOW Inc., SSP Pvt. Ltd., and Tetra Laval S.A. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global dairy processing equipment market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global dairy processing equipment market 2017 - 2021 ($ million)
- 4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Processed milk - Market size and forecast 2022-2027
- Exhibit 34: Chart on Processed milk - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Processed milk - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Processed milk - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Processed milk - Year-over-year growth 2022-2027 (%)
- 6.4 Milk powder - Market size and forecast 2022-2027
- Exhibit 38: Chart on Milk powder - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Milk powder - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Milk powder - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Milk powder - Year-over-year growth 2022-2027 (%)
- 6.5 Cream - Market size and forecast 2022-2027
- Exhibit 42: Chart on Cream - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Cream - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Cream - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Cream - Year-over-year growth 2022-2027 (%)
- 6.6 Cheese - Market size and forecast 2022-2027
- Exhibit 46: Chart on Cheese - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Cheese - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Cheese - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Cheese - Year-over-year growth 2022-2027 (%)
- 6.7 Others - Market size and forecast 2022-2027
- Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.8 Market opportunity by Application
- Exhibit 54: Market opportunity by Application ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 55: Chart on Type - Market share 2022-2027 (%)
- Exhibit 56: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 57: Chart on Comparison by Type
- Exhibit 58: Data Table on Comparison by Type
- 7.3 Pasteurizers - Market size and forecast 2022-2027
- Exhibit 59: Chart on Pasteurizers - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Pasteurizers - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Pasteurizers - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Pasteurizers - Year-over-year growth 2022-2027 (%)
- 7.4 Homogenizers - Market size and forecast 2022-2027
- Exhibit 63: Chart on Homogenizers - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Homogenizers - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Homogenizers - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Homogenizers - Year-over-year growth 2022-2027 (%)
- 7.5 Separators - Market size and forecast 2022-2027
- Exhibit 67: Chart on Separators - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on Separators - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on Separators - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Separators - Year-over-year growth 2022-2027 (%)
- 7.6 Evaporators and dryers - Market size and forecast 2022-2027
- Exhibit 71: Chart on Evaporators and dryers - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Evaporators and dryers - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Evaporators and dryers - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Evaporators and dryers - Year-over-year growth 2022-2027 (%)
- 7.7 Others - Market size and forecast 2022-2027
- Exhibit 75: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by Type
- Exhibit 79: Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 80: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 81: Chart on Market share by geography 2022-2027 (%)
- Exhibit 82: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 83: Chart on Geographic comparison
- Exhibit 84: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 85: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 89: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 93: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 97: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 101: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 105: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 109: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 110: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 111: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 113: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 114: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 115: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 116: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 France - Market size and forecast 2022-2027
- Exhibit 117: Chart on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 118: Data Table on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 119: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 120: Data Table on France - Year-over-year growth 2022-2027 (%)
- 9.12 India - Market size and forecast 2022-2027
- Exhibit 121: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 122: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 123: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 124: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 125: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 126: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 127: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 128: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 129: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 130: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 131: Matrix on vendor position and classification
- 12.3 ABL Technology Ltd.
- Exhibit 132: ABL Technology Ltd. - Overview
- Exhibit 133: ABL Technology Ltd. - Product / Service
- Exhibit 134: ABL Technology Ltd. - Key offerings
- 12.4 Admix Inc.
- Exhibit 135: Admix Inc. - Overview
- Exhibit 136: Admix Inc. - Product / Service
- Exhibit 137: Admix Inc. - Key offerings
- 12.5 Agrometal Ltd.
- Exhibit 138: Agrometal Ltd. - Overview
- Exhibit 139: Agrometal Ltd. - Product / Service
- Exhibit 140: Agrometal Ltd. - Key offerings
- 12.6 Alfa Laval Corporate AB
- Exhibit 141: Alfa Laval Corporate AB - Overview
- Exhibit 142: Alfa Laval Corporate AB - Business segments
- Exhibit 143: Alfa Laval Corporate AB - Key news
- Exhibit 144: Alfa Laval Corporate AB - Key offerings
- Exhibit 145: Alfa Laval Corporate AB - Segment focus
- 12.7 Feldmeier Equipment Inc.
- Exhibit 146: Feldmeier Equipment Inc. - Overview
- Exhibit 147: Feldmeier Equipment Inc. - Product / Service
- Exhibit 148: Feldmeier Equipment Inc. - Key offerings
- 12.8 GEA Group AG
- Exhibit 149: GEA Group AG - Overview
- Exhibit 150: GEA Group AG - Business segments
- Exhibit 151: GEA Group AG - Key offerings
- Exhibit 152: GEA Group AG - Segment focus
- 12.9 Hillenbrand Inc.
- Exhibit 153: Hillenbrand Inc. - Overview
- Exhibit 154: Hillenbrand Inc. - Business segments
- Exhibit 155: Hillenbrand Inc. - Key offerings
- Exhibit 156: Hillenbrand Inc. - Segment focus
- 12.10 IDMC Ltd.
- Exhibit 157: IDMC Ltd. - Overview
- Exhibit 158: IDMC Ltd. - Product / Service
- Exhibit 159: IDMC Ltd. - Key offerings
- 12.11 IMA Industria Macchine Automatiche Spa
- Exhibit 160: IMA Industria Macchine Automatiche Spa - Overview
- Exhibit 161: IMA Industria Macchine Automatiche Spa - Business segments
- Exhibit 162: IMA Industria Macchine Automatiche Spa - Key news
- Exhibit 163: IMA Industria Macchine Automatiche Spa - Key offerings
- Exhibit 164: IMA Industria Macchine Automatiche Spa - Segment focus
- 12.12 KRONES AG
- Exhibit 165: KRONES AG - Overview
- Exhibit 166: KRONES AG - Business segments
- Exhibit 167: KRONES AG - Key offerings
- Exhibit 168: KRONES AG - Segment focus
- 12.13 Paul Mueller Co. Inc.
- Exhibit 169: Paul Mueller Co. Inc. - Overview
- Exhibit 170: Paul Mueller Co. Inc. - Business segments
- Exhibit 171: Paul Mueller Co. Inc. - Key offerings
- Exhibit 172: Paul Mueller Co. Inc. - Segment focus
- 12.14 ProXES GmbH
- Exhibit 173: ProXES GmbH - Overview
- Exhibit 174: ProXES GmbH - Product / Service
- Exhibit 175: ProXES GmbH - Key offerings
- 12.15 SPX FLOW Inc.
- Exhibit 176: SPX FLOW Inc. - Overview
- Exhibit 177: SPX FLOW Inc. - Business segments
- Exhibit 178: SPX FLOW Inc. - Key offerings
- Exhibit 179: SPX FLOW Inc. - Segment focus
- 12.16 SSP Pvt. Ltd.
- Exhibit 180: SSP Pvt. Ltd. - Overview
- Exhibit 181: SSP Pvt. Ltd. - Product / Service
- Exhibit 182: SSP Pvt. Ltd. - Key offerings
- 12.17 Tetra Laval S.A.
- Exhibit 183: Tetra Laval S.A. - Overview
- Exhibit 184: Tetra Laval S.A. - Business segments
- Exhibit 185: Tetra Laval S.A. - Key offerings
- Exhibit 186: Tetra Laval S.A. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 187: Inclusions checklist
- Exhibit 188: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 189: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 190: Research methodology
- Exhibit 191: Validation techniques employed for market sizing
- Exhibit 192: Information sources
- 13.5 List of abbreviations
- Exhibit 193: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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