Table of Content


"1    INTRODUCTION    38
1.1    OBJECTIVES OF THE STUDY    38
1.2    MARKET DEFINITION    38
1.3    STUDY SCOPE    39
FIGURE 1    DAIRY PROCESSING EQUIPMENT: MARKET SEGMENTATION    39
1.3.1    INCLUSIONS AND EXCLUSIONS    39
1.4    REGIONS COVERED    40
1.5    PERIODIZATION CONSIDERED    40
1.6    CURRENCY CONSIDERED    41
TABLE 1    USD EXCHANGE RATES, 2016–2020    41
1.7    STAKEHOLDERS    41
1.8    SUMMARY OF CHANGES    42
2    RESEARCH METHODOLOGY    43
2.1    RESEARCH DATA    43
FIGURE 2    DAIRY PROCESSING EQUIPMENT MARKET: RESEARCH DESIGN    43
2.1.1    SECONDARY DATA    44
2.1.1.1    Key data from secondary sources    44
2.1.2    PRIMARY DATA    44
2.1.2.1    Breakdown of primaries    45
2.2    MARKET SIZE ESTIMATION    45
2.2.1    BOTTOM-UP APPROACH    46
FIGURE 3    DAIRY PROCESSING EQUIPMENT MARKET: BOTTOM-UP APPROACH    46
2.2.2    TOP-DOWN APPROACH    47
FIGURE 4    DAIRY PROCESSING EQUIPMENT MARKET: TOP-DOWN APPROACH    47
2.3    DATA TRIANGULATION    48
FIGURE 5    MARKET BREAKDOWN AND DATA TRIANGULATION    48
2.4    RESEARCH ASSUMPTIONS    49
2.5    RESEARCH LIMITATIONS    50
2.6    MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19    50
2.7    SCENARIO-BASED MODELLING    51
2.8    COVID-19 HEALTH ASSESSMENT    52
FIGURE 6    COVID-19: GLOBAL PROPAGATION    52
FIGURE 7    COVID-19 PROPAGATION: SELECT COUNTRIES    53
2.9    COVID-19 ECONOMIC ASSESSMENT    54
FIGURE 8    REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR
SELECT G20 COUNTRIES IN 2020    54
2.10    COVID-19 ECONOMIC IMPACT ASSESSMENT: SCENARIO ASSESSMENT    55
FIGURE 9    CRITERIA IMPACTING THE GLOBAL ECONOMY    55
FIGURE 10    SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY    56
3    EXECUTIVE SUMMARY    58
FIGURE 11    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE,
2021 VS. 2026 (USD MILLION)    59
FIGURE 12    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION,
2021 VS. 2026 (USD MILLION)    59
FIGURE 13    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021 VS. 2026 (USD MILLION)    60
FIGURE 14    DAIRY PROCESSING EQUIPMENT MARKET SHARE AND GROWTH RATE,
BY REGION, 2020    60
4    PREMIUM INSIGHTS    62
4.1    OPPORTUNITIES IN THE DAIRY PROCESSING EQUIPMENT MARKET    62
FIGURE 15    INCREASING AUTOMATION OFFERED BY TECHNOLOGY PROVIDERS TO
DRIVE THE GROWTH OF THE DAIRY PROCESSING EQUIPMENT MARKET    62
4.2    DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE AND REGION, 2020    62
FIGURE 16    ASIA PACIFIC LED THE DAIRY PROCESSING EQUIPMENT MARKET IN 2020    62
4.3    DAIRY PROCESSING EQUIPMENT MARKET, BY APPLICATION    63
FIGURE 17    PROCESSED MILK ACCOUNTED FOR THE LARGEST SHARE IN 2020    63
4.4    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET, BY MODE OF
OPERATION AND COUNTRY    63
FIGURE 18    INDIA ACCOUNTED FOR THE LARGEST SHARE IN 2020    63
4.5    DAIRY PROCESSING EQUIPMENT MARKET, BY KEY COUNTRY, 2020    64
FIGURE 19    INDIA TO BE THE FASTEST-GROWING MARKET DURING THE FORECAST PERIOD FOR THE DAIRY PROCESSING EQUIPMENT MARKET    64
5    MARKET OVERVIEW    65
5.1    INTRODUCTION    65
FIGURE 20    MILK PROCESSING: PROCESS FLOW DIAGRAM    65
5.2    EVOLUTION    66
FIGURE 21    DAIRY PROCESSING EVOLUTION    66
TABLE 2    HISTORY OF DAIRY PROCESSING    66
5.3    MARKET DYNAMICS    67
FIGURE 22    MARKET DYNAMICS: DAIRY PROCESSING EQUIPMENT MARKET    67
5.3.1    DRIVERS    67
5.3.1.1    Growing demand for dairy products    67
FIGURE 23    MAJOR MARKETS OF US DAIRY EXPORTS, 2016-2017 (USD MILLION)    68
TABLE 3    TOP 10 EXPORTING COUNTRIES OF MILK, 2020 (USD)    68
5.3.1.1.1    Growing production of milk due to the increasing consumption of dairy products    68
FIGURE 24    WORLD DAIRY PRODUCTION, 2016–2019 (THOUSAND TONS)    69
5.3.1.2    Adoption of efficiency-enhancing technologies by dairy
product manufacturers    69
5.3.1.2.1    Growing traction for UHT milk and milk products    70
5.3.1.2.2    Demand for multifunctional dairy equipment    70
5.3.1.3    Increasing automation offered by technology providers    70
5.3.1.4    Abolition of milk quota in the European Union    71
5.3.2    RESTRAINTS    71
5.3.2.1    Increasing energy costs    71
5.3.2.2    Health risks associated with whey protein    72
5.3.3    OPPORTUNITIES    72
5.3.3.1    Dairy processors demand after-sales services to enhance
operational efficiencies    72
5.3.3.2    Support by the government and non-government bodies in terms of funding for SMEs and startups    72
5.3.3.3    Market to witness a boost in emerging economies    73
FIGURE 25    COW’S MILK PRODUCTION SHARE PER REGION, 2019    74
5.3.3.4    Expansion of product lines to cater to emerging applications    74
5.3.3.4.1    Infant formula    75
5.3.3.4.2    Energy & sports drinks    75
5.3.3.4.3    Fortified products    75
5.3.3.5    Innovation: Carbonated dairy-based beverages    75
5.3.4    CHALLENGES    76
5.3.4.1    High capital investment    76
TABLE 4    INITIAL SETUP COST OF AN ULTRAFILTRATION SYSTEM    76
5.3.4.2    Growing demand for plant-based products    76
5.3.4.2.1    Growth in consumer preferences for vegan products    77
5.3.4.2.2    Increasing incidences of lactose intolerance & allergies leading to reduced dairy consumption    77
TABLE 5    LACTOSE-INTOLERANT POPULATION, 2017 (%)    78
TABLE 6    REPORTED OUTBREAKS OF ILLNESSES FROM DAIRY IN THE US, 2005-2016    78
5.3.4.3    Adulteration of dairy products to deteriorate the quality    79
TABLE 7    SAFETY AND FRAUD ISSUES RELATING TO MILK AND MILK PRODUCTS
FOUND IN GREY LITERATURE, 2018-2019    79
5.3.5    COVID-19 PANDEMIC IMPACT ON THE MARKET    80
FIGURE 26    CHART OF PRE- & POST-COVID SCENARIO IN THE DAIRY PROCESSING EQUIPMENT MARKET    80
6    INDUSTRY TRENDS    82
6.1    INTRODUCTION    82
6.2    VALUE CHAIN    82
FIGURE 27    DAIRY PROCESSING EQUIPMENT MARKET: VALUE CHAIN ANALYSIS    82
6.2.1    RESEARCH & DEVELOPMENT    83
6.2.2    INPUTS    83
6.2.3    PROCESSING    83
6.2.4    LOGISTICS & DISTRIBUTION    83
6.2.5    MARKETING & SALES    83

6.3    PRICING ANALYSIS: DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE    84
TABLE 8    PRICING ANALYSIS OF DAIRY PROCESSING EQUIPMENT TYPE,
2020 (‘000 USD/PIECE)    84
FIGURE 28    PRICING TREND OF DAIRY PROCESSING EQUIPMENT, BY TYPE,
2018-2020 (‘000 USD/PIECE)    85
6.3.1    COVID-19 IMPACT ON THE PRICING OF DAIRY PROCESSING EQUIPMENT    85
6.3.2    TECHNOLOGY ANALYSIS    85
6.3.2.1    Product advancements and latest trends    85
6.3.2.2    Research & development on dairy processing equipment & technology by dairy equipment manufacturers    86
6.3.2.2.1    Non-thermal technologies    86
6.4    REGULATORY FRAMEWORK    86
6.4.1    NORTH AMERICA    86
6.4.1.1    USFDA - US Food and Drug Administration inspection guide    86
6.4.1.1.1    CFR - Code of Federal Regulations Title 21    87
6.4.1.2    Justice Law, Canada    87
6.4.1.3    EU regulation on milk and milk products    88
6.5    CASE STUDIES    89
6.5.1    HEAT EXCHANGERS TO INCREASE THE CHEESE DRYING CAPACITY    89
TABLE 9    DAIRY PROCESSING EQUIPMENT MARKET: EVAPORATION TECHNOLOGY TO EXPAND THE CHEESE DRYING CAPACITY    89
6.5.2    GROWING DEMAND FOR BETTER PASTEURIZATION TECHNIQUES    89
TABLE 10    DAIRY PROCESSING EQUIPMENT MARKET: GROWING DEMAND FOR
BETTER AUTOMATED EQUIPMENT    89
6.6    MARKET ECOSYSTEM & SUPPLY CHAIN    90
FIGURE 29    DAIRY PROCESSING MARKET: SUPPLY CHAIN ANALYSIS    90
6.6.1    DAIRY FARMERS    90
6.6.2    DAIRY EQUIPMENT MANUFACTURERS    90
6.6.3    DAIRY PROCESSORS    90
6.6.4    DISTRIBUTORS    91
6.6.5    END USERS    91
FIGURE 30    DAIRY PROCESSING EQUIPMENT: MARKET MAP    91
6.7    PORTER’S FIVE FORCES ANALYSIS    92
6.7.1    DAIRY PROCESSING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS    92
6.7.2    INTENSITY OF COMPETITIVE RIVALRY    92
6.7.3    BARGAINING POWER OF BUYERS    92
6.7.4    BARGAINING POWER OF SUPPLIERS    93
6.7.5    THREAT OF SUBSTITUTES    93
6.7.6    THREAT OF NEW ENTRANTS    93
6.8    TRADE ANALYSIS    93
FIGURE 31    TOP EXPORTERS OF DAIRY PRODUCTS, BY VALUE (2016–2020)    94
FIGURE 32    TOP IMPORTERS OF DAIRY PRODUCTS, BY VALUE (2016–2020)    94

6.9    TRENDS/DISRUPTIONS IMPACTING THE CUSTOMER’S BUSINESS    94
FIGURE 33    REVENUE SHIFT FOR THE DAIRY PROCESSING EQUIPMENT MARKET    95
6.10    PATENT ANALYSIS    95
FIGURE 34    TOP PUBLICATION YEAR    95
FIGURE 35    TOP 10 APPLICANTS IN THE LAST 10 YEARS    96
TABLE 11    PATENTS PERTAINING TO DAIRY PROCESSING EQUIPMENT, 2017–2021    96
7    DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE    110
7.1    INTRODUCTION    111
FIGURE 36    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE,
2021 VS. 2026 (USD MILLION)    111
TABLE 12    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION)    112
TABLE 13    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION)    112
7.2    COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE    113
TABLE 14    REALISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)    113
TABLE 15    OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)    114
TABLE 16    PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)    114
7.3    PASTEURIZERS    115
7.3.1    MILLISECOND TECHNOLOGY IS A NEWLY PATENTED
PASTEURIZATION TECHNIQUE    115
TABLE 17    PASTEURIZERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)    116
TABLE 18    PASTEURIZERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)    116
7.4    HOMOGENIZERS    117
7.4.1    HOMOGENIZATION OF COLD MILK IS VIRTUALLY INEFFECTIVE
DUE TO FAT SOLIDIFICATION    117
TABLE 19    HOMOGENIZERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2016–2020 (USD MILLION)    118
TABLE 20    HOMOGENIZERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION)    118
7.5    MIXERS AND BLENDERS    118
7.5.1    APPLICATION OF DIFFERENT TYPES OF MIXERS IN THE FOOD & BEVERAGE INDUSTRY DEPENDS ON THE PHASES BEING MIXED    118
TABLE 21    MIXERS & BLENDERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2016–2020 (USD MILLION)    119
TABLE 22    MIXERS & BLENDERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION)    119
7.6    SEPARATORS    120
7.6.1    PARING DISCS AND HERMETIC SEPARATORS ARE COMMONLY USED CENTRIFUGAL SEPARATORS IN THE DAIRY INDUSTRY    120
TABLE 23    SEPARATORS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)    120
TABLE 24    SEPARATORS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)    121
7.7    EVAPORATORS    121
7.7.1    THE DAIRY PROCESSING INDUSTRY IS UTILIZING CLOSED-LOOP EVAPORATORS TO CUT DOWN ON THE COST INCURRED
DURING THE PROCESS    121
TABLE 25    EVAPORATORS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)    122
TABLE 26    EVAPORATORS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)    122
7.8    DRYERS    123
7.8.1    DRYERS HELP TO PRESERVE MILK FOR A LONG PERIOD BY
REDUCING THE MOISTURE CONTENT    123
TABLE 27    DRYERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION,
2016–2020 (USD MILLION)    123
TABLE 28    DRYERS: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION,
2021–2026 (USD MILLION)    124
7.9    MEMBRANE FILTRATION EQUIPMENT    124
7.9.1    THE DAIRY INDUSTRY UTILIZES MEMBRANE FILTRATION TECHNIQUES TO REDUCE THE PRESENCE OF BACTERIA IN MILK    124
TABLE 29    MEMBRANE FILTRATION EQUIPMENT: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)    125
TABLE 30    MEMBRANE FILTRATION EQUIPMENT: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)    125
7.10    OTHER TYPES    126
7.10.1    CHEESE VATS ARE USED IN THE REMOVAL OF CURD FROM WHEY    126
TABLE 31    OTHER TYPES: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)    126
TABLE 32    OTHER TYPES: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)    126
8    DAIRY PROCESSING EQUIPMENT MARKET, BY APPLICATION    127
8.1    INTRODUCTION    128
FIGURE 37    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION,
2021 VS. 2026 (USD MILLION)    129
TABLE 33    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    129
TABLE 34    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION)    130
8.2    IMPACT OF COVID-19 ON DAIRY PROCESSING EQUIPMENT APPLICATIONS    130
8.2.1    HIGH IMPACT ON THE DAIRY PROCESSING EQUIPMENT INDUSTRY – PROCESSED MILK AND FRESH DAIRY PRODUCTS    130
8.2.2    LOW IMPACT ON THE LIVESTOCK INDUSTRIES – MILK POWDER AND
PROTEIN INGREDIENTS    131
TABLE 35    REALISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)    131
TABLE 36    OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)    132
TABLE 37    PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)    132
8.3    PROCESSED MILK    132
8.3.1    RAW MILK CAN HARBOR DANGEROUS BACTERIA THAT CAN POSE
SERIOUS HEALTH RISKS    132
TABLE 38    PROCESSED MILK: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2016–2020 (USD MILLION)    133
TABLE 39    PROCESSED MILK: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION)    133
8.4    FRESH DAIRY PRODUCTS    134
8.4.1    YOGURT IS FORTIFIED WITH VITAMIN D AND IS RICH IN CALCIUM AND
GUT-FRIENDLY BACTERIA    134
TABLE 40    FRESH DAIRY PRODUCTS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2016–2020 (USD MILLION)    134
TABLE 41    FRESH DAIRY PRODUCTS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION)    135
8.5    BUTTER & BUTTERMILK    135
8.5.1    BUTTERMILK IS ALSO USED AS A FROZEN DESSERT DUE TO WHICH COMPANIES ARE INNOVATING VARIOUS FLAVORS    135
TABLE 42    BUTTER & BUTTERMILK: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2016–2020 (USD MILLION)    136
TABLE 43    BUTTER & BUTTERMILK: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION)    136
8.6    CHEESE    137
8.6.1    DEMAND FOR CHEESE HAS INCREASED FROM THE EMERGING
ECONOMIES OF ASIA PACIFIC, THEREBY FUELING THE MARKET FOR CHEESE PROCESSING EQUIPMENT    137
TABLE 44    CHEESE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION,
2016–2020 (USD MILLION)    137
TABLE 45    CHEESE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION,
2021–2026 (USD MILLION)    138
8.7    MILK POWDER    138
8.7.1    MILK POWDERS ARE FINDING MORE APPLICATIONS IN INFANT FORMULA    138
TABLE 46    MILK POWDER: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)    139
TABLE 47    MILK POWDER: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)    139
8.8    PROTEIN INGREDIENTS    140
8.8.1    PRODUCERS ARE LOOKING AT BRINGING COST-EFFECTIVE AND
PALATABLE WHEY-BASED PRODUCTS FOR CONSUMERS    140
TABLE 48    PROTEIN INGREDIENTS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2016–2020 (USD MILLION)    140
TABLE 49    PROTEIN INGREDIENTS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION)    141

9    DAIRY PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION    142
9.1    INTRODUCTION    143
FIGURE 38    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021 VS. 2026 (USD MILLION)    144
TABLE 50    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)    144
TABLE 51    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)    144
9.2    IMPACT OF COVID-19 ON DAIRY PROCESSING EQUIPMENT, BY MODE OF OPERATION    145
TABLE 52    REALISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION,
2018–2021 (USD MILLION)    145
TABLE 53    OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION,
2018–2021 (USD MILLION)    145
TABLE 54    PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION,
2018–2021 (USD MILLION)    145
9.3    AUTOMATIC    146
9.3.1    ADOPTION OF AUTOMATION HAS MANY BENEFITS OTHER THAN
TIME-SAVING AND EFFICIENCY    146
TABLE 55    AUTOMATIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)    147
TABLE 56    AUTOMATIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)    147
9.4    SEMI-AUTOMATIC    147
9.4.1    SEMI-AUTOMATIC PASTEURIZING SYSTEMS AID IN MEETING THE DAIRY REQUIREMENTS IN URBAN AND SEMI-URBAN AREAS    147
TABLE 57    SEMI-AUTOMATIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2016–2020 (USD MILLION)    148
TABLE 58    SEMI-AUTOMATIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION)    148
10    DAIRY PROCESSING EQUIPMENT MARKET, BY REGION    149
10.1    INTRODUCTION    150
FIGURE 39    INDIA TO RECORD THE LARGEST SHARE DURING THE FORECAST PERIOD IN THE DAIRY PROCESSING EQUIPMENT MARKET    151
TABLE 59    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION,
2016–2020 (USD MILLION)    151
TABLE 60    DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION,
2021–2026 (USD MILLION)    152
10.2    REGIONAL OPERATIONAL DRIVERS    152
10.2.1    TECHNOLOGICAL INNOVATIONS IN THE DAIRY PROCESSING INDUSTRY    152
10.2.2    NON-AVAILABILITY OF LABOR AND EFFICIENCY OF DAIRY
PROCESSING EQUIPMENT    153

10.3    COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET, BY REGION    153
10.3.1    HIGH IMPACT REGIONS - NORTH AMERICA AND EUROPE    153
10.3.2    LOW IMPACT REGIONS - ASIA PACIFIC    153
TABLE 61    REALISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)    154
TABLE 62    OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)    154
TABLE 63    PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)    154
10.4    NORTH AMERICA    155
TABLE 64    NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY COUNTRY, 2016–2020 (USD MILLION)    155
TABLE 65    NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY COUNTRY, 2021–2026 (USD MILLION)    155
TABLE 66    NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)    156
TABLE 67    NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)    156
TABLE 68    NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    157
TABLE 69    NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    157
TABLE 70    NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    157
TABLE 71    NORTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    158
10.4.1    US    158
10.4.1.1    The growing demand for nutritional products is paving the way for the growth of the dairy industry    158
FIGURE 40    US DAIRY EXPORTS, 2019 VS. 2020 (METRIC TONS)    159
TABLE 72    US: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    159
TABLE 73    US: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION)    159
TABLE 74    US: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)    160
TABLE 75    US: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)    160
10.4.2    CANADA    160
10.4.2.1    Canadian imports of dairy products have been consistently
higher than exports    160
FIGURE 41    CANADA: DAIRY PRODUCT EXPORTS & IMPORTS (VALUE), 2016-2020    161
TABLE 76    CANADIAN DAIRY PRODUCTS EXPORTS, JANUARY 2018 – NOVEMBER 2018    161
TABLE 77    CANADA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    162
TABLE 78    CANADA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    162
TABLE 79    CANADA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    162
TABLE 80    CANADA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    163
10.4.3    MEXICO    163
10.4.3.1    High demand for cheese and drinkable products to boost the dairy processing equipment market    163
FIGURE 42    TOTAL CONSUMPTION OF SKIMMED MILK POWDER & WHOLE MILK POWDER IN MEXICO, 2017–2025 (KT)    164
TABLE 81    MEXICO: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    164
TABLE 82    MEXICO: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    165
TABLE 83    MEXICO: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    165
TABLE 84    MEXICO: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    165
10.5    EUROPE    166
TABLE 85    EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)    166
TABLE 86    EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)    167
TABLE 87    EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION)    167
TABLE 88    EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION)    168
TABLE 89    EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    168
TABLE 90    EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    169
TABLE 91    EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    169
TABLE 92    EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    169
10.5.1    GERMANY    170
10.5.1.1    Growing demand for milk powder fuels the market growth for evaporators & dryers in the country    170
FIGURE 43    GERMANY DAIRY PRODUCTS EXPORT VOLUME, 2018    170
TABLE 93    GERMANY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    171
TABLE 94    GERMANY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    171
TABLE 95    GERMANY: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    171
TABLE 96    GERMANY: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    172
10.5.2    UK    172
10.5.2.1    High export value of dairy products presents opportunities for installing processing equipment in the country    172
FIGURE 44    UK DAIRY TRADE DATA, 2020 TO JULY 2021    172
TABLE 97    UK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    173
TABLE 98    UK: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION)    173
TABLE 99    UK: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    173
TABLE 100    UK: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    174
10.5.3    FRANCE    174
10.5.3.1    Increase in support from government and non-government organizations to spur the market growth in France    174
TABLE 101    FRANCE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    174
TABLE 102    FRANCE: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    175
TABLE 103    FRANCE: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    175
TABLE 104    FRANCE: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    175
10.5.4    ITALY    176
10.5.4.1    Fast growth in the Italian market is attributed to the growing demand for varieties of cheese products    176
TABLE 105    ITALY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    176
TABLE 106    ITALY: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    176
TABLE 107    ITALY: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    177
TABLE 108    ITALY: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    177
10.5.5    NETHERLANDS    177
10.5.5.1    Market growth is attributed to the emergence of new players in the Dutch dairy processing equipment market    177
FIGURE 45    DUTCH EXPORT REVENUES (BILLION EUROS), 2019    178
TABLE 109    NETHERLANDS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    178
TABLE 110    NETHERLANDS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    178
TABLE 111    NETHERLANDS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    179
TABLE 112    NETHERLANDS: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    179
10.5.6    RUSSIA    179
10.5.6.1    Foreign investments have allowed local companies to profit    179
FIGURE 46    RUSSIA: PRODUCTION VOLUME OF DAIRY PRODUCTS, 2017    180
TABLE 113    RUSSIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    180
TABLE 114    RUSSIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    180
TABLE 115    RUSSIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    181
TABLE 116    RUSSIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    181
10.5.7    REST OF EUROPE    181
10.5.7.1    Rise in technological advancements is projected to fuel the market growth during the forecast period    181
TABLE 117    REST OF EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    181
TABLE 118    REST OF EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    182
TABLE 119    REST OF EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    182
TABLE 120    REST OF EUROPE: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    182
10.6    ASIA PACIFIC    183
FIGURE 47    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SNAPSHOT    184
TABLE 121    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)    185
TABLE 122    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)    185
TABLE 123    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)    186
TABLE 124    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)    186
TABLE 125    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    187
TABLE 126    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    187
TABLE 127    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    187
TABLE 128    ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    188
10.6.1    CHINA    188
10.6.1.1    Dairy processing is gaining momentum in the infant formula application in China    188
FIGURE 48    TOTAL CONSUMPTION OF SKIMMED & WHOLE MILK POWDER IN CHINA, 2017–2025 (KT)    189
TABLE 129    CHINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    189
TABLE 130    CHINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    190
TABLE 131    CHINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    190
TABLE 132    CHINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    190

10.6.2    INDIA    191
10.6.2.1    The demand for packaged fluid milk and other dairy products
is rising in India    191
FIGURE 49    COMMODITY-WISE SHARE OF ORGANIZED DAIRY EQUIPMENT, 2019    191
TABLE 133    INDIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    192
TABLE 134    INDIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    192
TABLE 135    INDIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    192
TABLE 136    INDIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    193
10.6.3    JAPAN    193
10.6.3.1    Scientists are experimenting on the use of casein and soybean protein to manufacture artificial milk products to meet the growing demand for dairy products    193
FIGURE 50    CHEESE EXPORTERS TO JAPAN, 2017 (VOLUME)    194
TABLE 137    JAPAN: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    194
TABLE 138    JAPAN: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    194
TABLE 139    JAPAN: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    195
TABLE 140    JAPAN: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    195
10.6.4    AUSTRALIA    195
10.6.4.1    Due to the increase in ‘coffee culture,’ the country faces an increase in the demand for flavored milk products    195
FIGURE 51    AUSTRALIAN UTILIZATION OF MILK IN THE DAIRY PROCESSING
INDUSTRY, 2018 (VOLUME)    196
FIGURE 52    USAGE OF MILK IN AUSTRALIA, BY STATE, 2017–2018 (VOLUME)    196
TABLE 141    AUSTRALIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    196
TABLE 142    AUSTRALIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    197
TABLE 143    AUSTRALIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    197
TABLE 144    AUSTRALIA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    197
10.6.5    NEW ZEALAND    198
10.6.5.1    Some attractive areas to invest in New Zealand’s dairy business include dairy-derived nutraceuticals and frozen bakery products    198
FIGURE 53    NEW ZEALAND’S YEARLY MILK PRODUCTION, 2017-SEPTEMBER
2021 (‘000 TONNES)    198
TABLE 145    NEW ZEALAND: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    199
TABLE 146    NEW ZEALAND: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    199
TABLE 147    NEW ZEALAND: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    199
TABLE 148    NEW ZEALAND: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    200
10.6.6    REST OF ASIA PACIFIC    200
10.6.6.1    Growing concerns about obesity among the Korean population have led to an increase in the demand for fat-free and skimmed milk    200
TABLE 149    REST OF ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    200
TABLE 150    REST OF ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    201
TABLE 151    REST OF ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    201
TABLE 152    REST OF ASIA PACIFIC: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    201"
"10.7    SOUTH AMERICA    202
TABLE 153    SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY COUNTRY, 2016–2020 (USD MILLION)    202
TABLE 154    SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY COUNTRY, 2021–2026 (USD MILLION)    202
TABLE 155    SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)    203
TABLE 156    SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)    203
TABLE 157    SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    204
TABLE 158    SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    204
TABLE 159    SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    204
TABLE 160    SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    205
10.7.1    BRAZIL    205
10.7.1.1    Rising demand from Brazilian consumers for mozzarella and fresh white variants of cheese    205
TABLE 161    DOMESTIC CONSUMPTION OF DAIRY PROCESSED FOODS IN BRAZIL,
2014–2017 (KT)    205
TABLE 162    BRAZIL: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    206
TABLE 163    BRAZIL: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    206
TABLE 164    BRAZIL: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    206
TABLE 165    BRAZIL: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    207
10.7.2    ARGENTINA    207
10.7.2.1    There is a shift in preference among consumers in Argentina from loosely sold dairy products to packaged ones    207
TABLE 166    ARGENTINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    207
TABLE 167    ARGENTINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    208
TABLE 168    ARGENTINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    208
TABLE 169    ARGENTINA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    208
10.7.3    REST OF SOUTH AMERICA    209
10.7.3.1    Evaporated milk is popular among Peruvian consumers due to its longer shelf-life    209
TABLE 170    REST OF SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    209
TABLE 171    REST OF SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)    209
TABLE 172    REST OF SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)    210
TABLE 173    REST OF SOUTH AMERICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)    210
10.8    REST OF THE WORLD (ROW)    210
TABLE 174    REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY COUNTRY/REGION, 2016–2020 (USD MILLION)    210
TABLE 175    REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY COUNTRY/REGION, 2021–2026 (USD MILLION)    211
TABLE 176    REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY TYPE, 2016–2020 (USD MILLION)    211
TABLE 177    REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY TYPE, 2021–2026 (USD MILLION)    212
TABLE 178    REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    212
TABLE 179    REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    213
TABLE 180    REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    213
TABLE 181    REST OF THE WORLD: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    213
10.8.1    SOUTH AFRICA    214
10.8.1.1    A shift in the demand is observed from fresh dairy products to pre-packaged cheese and margarine among South African consumers    214
FIGURE 54    SOUTH AFRICA: IMPORT OF DAIRY PRODUCTS, 2017 (VOLUME)    214
TABLE 182    SOUTH AFRICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    214
TABLE 183    SOUTH AFRICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    215
TABLE 184    SOUTH AFRICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    215
TABLE 185    SOUTH AFRICA: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    215

10.8.2    MIDDLE EAST    216
10.8.2.1    Developing countries such as Saudi Arabia and Iran are witnessing an increased demand for butter and fresh dairy products    216
TABLE 186    MIDDLE EAST: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    216
TABLE 187    MIDDLE EAST: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    216
TABLE 188    MIDDLE EAST: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    217
TABLE 189    MIDDLE EAST: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    217
10.8.3    OTHERS IN ROW    217
10.8.3.1    Demand for nutritional supplements to propel the growth of
dairy consumption    217
TABLE 190    OTHERS IN ROW: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2016–2020 (USD MILLION)    218
TABLE 191    OTHERS IN ROW: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    218
TABLE 192    OTHERS IN ROW: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2016–2020 (USD MILLION)    218
TABLE 193    OTHERS IN ROW: DAIRY PROCESSING EQUIPMENT MARKET SIZE,
BY MODE OF OPERATION, 2021–2026 (USD MILLION)    219
11    COMPETITIVE LANDSCAPE    220
11.1    OVERVIEW    220
11.2    MARKET SHARE ANALYSIS    221
TABLE 194    DAIRY PROCESSING EQUIPMENT MARKET: DEGREE OF COMPETITION (CONSOLIDATED)    221
11.3    KEY PLAYER STRATEGIES    222
11.4    REVENUE ANALYSIS OF KEY PLAYERS, 2016-2020    226
FIGURE 55    REVENUE ANALYSIS (SEGMENTAL) OF KEY PLAYERS IN THE MARKET,
2016–2020 (USD BILLION)    226
11.5    COMPANY EVALUATION QUADRANT    226
11.5.1    STARS    226
11.5.2    EMERGING LEADERS    226
11.5.3    PERVASIVE PLAYERS    227
11.5.4    PARTICIPANT    227
FIGURE 56    DAIRY PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020    227
11.5.5    PRODUCT FOOTPRINT    228
TABLE 195    COMPANY APPLICATION FOOTPRINT    228
TABLE 196    COMPANY MODE OF OPERATION FOOTPRINT    229
TABLE 197    COMPANY REGION FOOTPRINT    230
TABLE 198    COMPANY OVERALL FOOTPRINT    231

11.6    COMPETITIVE EVALUATION QUADRANT (OTHER PLAYERS)    231
11.6.1    PROGRESSIVE COMPANIES    231
11.6.2    STARTING BLOCKS    231
11.6.3    RESPONSIVE COMPANIES    232
11.6.4    DYNAMIC COMPANIES    232
FIGURE 57    DAIRY PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020 (OTHER PLAYERS)    232
11.7    PRODUCT LAUNCHES, DEALS, AND OTHER DEVELOPMENTS    233
11.7.1    PRODUCT LAUNCHES    233
TABLE 199    PRODUCT LAUNCHES, 2019    233
11.7.2    DEALS    233
TABLE 200    DEALS, 2018-MARCH 2021    233
11.7.3    OTHERS    234
TABLE 201    OTHERS, 2021    234
12    COMPANY PROFILES    235
12.1    KEY PLAYERS    235
(Business Overview, Products Offered, Recent Developments, and MnM View)*
12.1.1    GEA GROUP    235
TABLE 202    GEA GROUP: BUSINESS OVERVIEW    235
FIGURE 58    GEA GROUP: COMPANY SNAPSHOT    236
TABLE 203    GEA GROUP: PRODUCTS OFFERED    236
12.1.2    SPX FLOW    241
TABLE 204    SPX FLOW: BUSINESS OVERVIEW    241
FIGURE 59    SPX FLOW: COMPANY SNAPSHOT    242
TABLE 205    SPX FLOW: PRODUCTS OFFERED    242
12.1.3    TETRA LAVAL    247
TABLE 206    TETRA LAVAL: BUSINESS OVERVIEW    247
FIGURE 60    TETRA LAVAL: COMPANY SNAPSHOT    247
TABLE 207    TETRA LAVAL: PRODUCTS OFFERED    248
12.1.4    ALFA LAVAL    251
TABLE 208    ALFA LAVAL: BUSINESS OVERVIEW    251
FIGURE 61    ALFA LAVAL: COMPANY SNAPSHOT    252
TABLE 209    ALFA LAVAL: PRODUCTS OFFERED    252
12.1.5    JBT CORPORATION    255
TABLE 210    JBT CORPORATION: BUSINESS OVERVIEW    255
FIGURE 62    JBT CORPORATION: COMPANY SNAPSHOT    256
TABLE 211    JBT CORPORATION: PRODUCTS OFFERED    256
12.1.6    IDMC LIMITED    258
TABLE 212    IDMC LIMITED: BUSINESS OVERVIEW    258
TABLE 213    IDMC LIMITED: PRODUCTS OFFERED    258

12.1.7    FELDMEIER EQUIPMENT, INC.    259
TABLE 214    FELDMEIER EQUIPMENT, INC.: BUSINESS OVERVIEW    259
TABLE 215    FELDMEIER EQUIPMENT, INC.: PRODUCTS OFFERED    259
12.1.8    SCHERJON    261
TABLE 216    SCHERJON: BUSINESS OVERVIEW    261
TABLE 217    SCHERJON: PRODUCTS OFFERED    261
TABLE 218    DAIRY PROCESSING EQUIPMENT MARKET: PRODUCT LAUNCHES    261
12.1.9    COPERION    263
TABLE 219    COPERION: BUSINESS OVERVIEW    263
TABLE 220    COPERION PRODUCTS OFFERED    263
12.1.10    VAN DEN HEUVEL DAIRY & FOOD EQUIPMENT    264
TABLE 221    VAN DEN HEUVEL DAIRY & FOOD EQUIPMENT: BUSINESS OVERVIEW    264
TABLE 222    VAN DEN HEUVEL DAIRY & FOOD EQUIPMENT: PRODUCTS OFFERED    264
12.2    OTHER PLAYERS    265
12.2.1    GEMAK LTD.    265
TABLE 223    GEMAK LTD.: BUSINESS OVERVIEW    265
TABLE 224    GEMAK LTD.: PRODUCTS OFFERED    265
12.2.2    RODEM    267
TABLE 225    RODEM: BUSINESS OVERVIEW    267
TABLE 226    RODEM: PRODUCTS OFFERED    267
12.2.3    FENCO FOOD MACHINERY S.R.L    268
TABLE 227    FENCO FOOD MACHINERY S.R.L: BUSINESS OVERVIEW    268
TABLE 228    FENCO FOOD MACHINERY S.R.L: PRODUCTS OFFERED    268
12.2.4    HRS HEAT EXCHANGERS    269
TABLE 229    HRS HEAT EXCHANGERS: BUSINESS OVERVIEW    269
TABLE 230    HRS HEAT EXCHANGERS: PRODUCTS OFFERED    269
12.2.5    SEALTECH ENGINEERS    270
TABLE 231    SEALTECH ENGINEERS: BUSINESS OVERVIEW    270
TABLE 232    SEALTECH ENGINEERS: PRODUCTS OFFERED    270
12.2.6    DAIRY TECH INDIA    271
12.2.7    VINO TECHNICAL SERVICES    272
12.2.8    SSP PVT LTD.    272
12.2.9    SKYLARK ENGINEERS    273
12.2.10    COMAT    273
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.

13    ADJACENT & RELATED MARKETS    274
13.1    INTRODUCTION    274
13.2    LIMITATIONS    274
13.3    DAIRY ALTERNATIVES MARKET    274
13.3.1    MARKET DEFINITION    274
13.3.2    MARKET OVERVIEW    275
13.3.3    DAIRY ALTERNATIVES MARKET, BY SOURCE    275
TABLE 233    DAIRY ALTERNATIVES MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)    275
TABLE 234    DAIRY ALTERNATIVES MARKET SIZE, BY SOURCE,
2020–2025 (MILLION LITERS)    276
13.3.4    DAIRY ALTERNATIVES MARKET, BY REGION    276
TABLE 235    DAIRY ALTERNATIVES MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)    276
TABLE 236    DAIRY ALTERNATIVES MARKET SIZE, BY REGION,
2020–2025 (MILLION LITERS)    277
13.4    DAIRY INGREDIENTS MARKET    277
13.4.1    LIMITATIONS    277
13.4.2    MARKET DEFINITION    277
13.4.3    MARKET OVERVIEW    278
13.4.4    DAIRY INGREDIENTS MARKET, BY TYPE    278
TABLE 237    DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION)    278
TABLE 238    DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (KT)    279
13.4.5    DAIRY INGREDIENTS MARKET, BY REGION    279
13.4.5.1    Introduction    279
TABLE 239    DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)    279
TABLE 240    DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2017–2025 (KT)    280
13.5    BEVERAGE PROCESSING EQUIPMENT MARKET    280
13.5.1    LIMITATIONS    280
13.5.2    MARKET DEFINITION    280
13.5.3    MARKET OVERVIEW    281
13.5.4    BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE    281
TABLE 241    BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY BEVERAGE TYPE, 2017–2025 (USD MILLION)    281
13.5.5    BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION    281
13.5.5.1    Introduction    281
TABLE 242    BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION,
2017–2025 (USD MILLION)    282
14    APPENDIX    283
14.1    DISCUSSION GUIDE    283
14.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    288
14.3    AVAILABLE CUSTOMIZATIONS    290
14.4    RELATED REPORTS    290
14.5    AUTHOR DETAILS    291"