Global Dairy Processing Equipment Market is expected to grow at a CAGR 5.2% during the forecasted period from 2016-2021. Global Dairy Processing Equipment Market is growing at a modest rate due to huge consumption of processed milk, cream, cheese, buttermilk, yogurt, milk powder and protein concentrates across the globe.
Global rise in adoption of dairy processing equipments such as pasteurizers, homogenizers, separators, evaporators & dryers, churning machines, crystallizers and so on are driving the market.
Processed milk has considerable market share in the dairy processing equipment market and milk powder and protein concentrates are among the fastest-growing segment due to wide adoption across the globe. Rising demand of milk powder in daily consumption and as an ingredient in sports nutrition and baby feed is creating scope for the market.