DUBLIN, March 7, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/xdw5t8/dairy_processing) has announced the addition of the "Dairy Processing Equipment Market - Global Forecast to 2020" report to their offering.
The global dairy processing equipment market is projected to reach $10.90 Billion by 2020, growing at a CAGR of 5.4% from 2015 to 2020.
The growth of this market is attributed to the increasing demand for consumption of dairy products and technological advancements in dairy processing equipment. The major drivers are the rising global consumer demand for dairy products, increasing dairy production, changing needs, taste & preferences among consumers, and growing demand for healthier and palatable dairy products.
The emergence of high income urban population group has changed the pattern of milk use. They show the preference for processed milk and milk products over ordinary raw milk because ordinary raw milk is relatively much more perishable and susceptible to disease and processed milk and milk products are convenient to handle and have higher value and facilitate large scale use.
The Asia-Pacific region is the largest market for dairy processing equipment in the world. 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.
- Raw material and manufacturing equipment suppliers
- Dairy farms
- Agriculture institutes
- R&D institutes
- Technology providers
- Dairy products manufacturers/suppliers
- A&B Process Systems
- Alfa Laval Corporate Ab
- Feldmeir Equipment, Inc
- GEA Group
- IMA Group
- Idmc Limited
- SPX Corporation
- Scherjon Equipment Holland B.V.
- Tetra Laval International S.A.
- The Krones Group
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Type
8 Market, By Application
9 Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/xdw5t8/dairy_processing
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SOURCE Research and Markets