The market for dairy processing equipment is benefiting from new technological developments and a general increase in consumption of dairy foods, according to a new assessment of the market.
Research and Markets expects the global dairy processing equipment market to be worth as much as $10,433.3 million by 2019, expanding at a compound annual growth rate (CAGR) of 5.3% over the coming years.
To produce dairy products, such as processed milk, cream, cheese, buttermilk, yogurt, milk powder and protein concentrates, the industry uses pasteurizers, homogenizers, separators, evaporators & dryers, membrane filters and other equipment, such as churning machines, crystallizers and cheese vats.
As of 2014, processed milk accounts for the largest share of the dairy processing equipment market but the fastest-growing segment is milk powders and protein concentrates, which are used to fortify nutraceutical, infant and sports nutrition products. Demand for these ingredients is rising - particularly in developing countries, such as India, China and the Latin American countries, driven by population growth, increase in spending power and lifestyle changes.
According to the research firm, Asia-Pacific is the largest market for dairy processing equipment, followed by Europe and North America, where the market is mature. Within the Asia-Pacific region, China and India are the fastest-growing markets. @Source – www.processingmagazine.com.
INOXPA is equipment manufacturing company pioneer in manufacturing of world class hygienic dairy processing equipments. Our product range includes Centrifugal Pumps, Positive Displacement Pumps, Mixers, Blenders, Agitators, Valves, Fittings, CIP Units and Skids.
To showcase our product and technological improvements, we are exhibiting at India International Dairy Expo (IIDE) 2015 at Stall No: B-05, Hall – 5, Bombay Exhibition Centre, Goregaon (E), Mumbai from 23rd till 25th April 2015.
Hence, we invite you to visit our stall at the tradeshow and provide us the opportunity in understanding your requirement and to serve you better.
We remain at your entire disposition and reaffirm our interest in attending you personally at the trade show.
INOXPA is launching a new range of single seat valves with significant design and feature innovations and improvements.
Valves and fittingsINOXPA is launching new INNOVA Mixproof valves with a series of improvements that aim to enhance performance and extend durability.
Valves and fittingsINOXPA inaugurated a new plant in France, facilitating an increase in engineering capacity, conducting FAT tests and equipment tests in the pilot plant.