Dairy Processing Equipment Market Growth - Witnessing USD 10,443 Million By 2019

The global dairy processing equipment market is witnessing substantial growth. It is likely to attain around USD 10,443 million by the end of 2019. This is due to increased demand for dairy products and technological developments in the processing of dairy equipments. For Market Research Report on “Dairy Processing Equipment Market” Visit - http://www.grandviewresearch.com/industry-analysis/dairy-processing-equipment-market The pivotal factors driving the dairy processing equipment market are growing consumer awareness, increasing consumption of dairy products and rising disposable income of people. However, huge investment costs and rising costs of energy and power are projected to restrict the flow of the market over the coming years. The dairy processing equipment market is segmented into three major categories, including applications, methods and geographies. The applications market can be segregated into protein concentrates, processed milk, milk powders, creams, cheese and others. The processing equipments market is also divided into methods that include creaming & homogenization, pasteurization and microfiltration. Pasteurization includes ultra pasteurization and ultra high temperature pasteurization. It is used to heat milk at high temperatures for a short time. Microfiltration includes removal of bacteria and casein fractionation. Creaming is a conventional method to prepare butter from cream and homogenization reduces fat globules. Asia Pacific is reported to be the largest and fastest growing dairy processing equipment market. Rising demand for dairy processing equipment in Asia Pacific is majorly driven by China and India. The largest exporters of processing equipment are New Zealand and Australia. Asia Pacific is followed by Europe and North America. Europe and North America have shown steady dairy processing equipment market growth. This is owing to rising disposable income, developments in technology and rising consumer awareness in these regions. Dairy Processing Equipment Market Information Source: Grand View Research