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According to a new report Global Dairy Processing Equipment Market, published by KBV research, the Global Dairy Processing Equipment Market size is expected to reach $12.5 billion by 2023, rising at a market growth of 5.9% CAGR during the forecast period.
The Asia Pacific market holds the largest market share in Global Processed Milk Solution Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 5.5 % during the forecast period.
The Europe market is expected to witness a CAGR of 5.9% during (2017 - 2023) in Global Cheese Market. Additionally, The North America market is expected to witness a CAGR of 5.4% during (2017 - 2023) in Global Milk Powder Market.
The Pasteurizers market holds the largest market share in Global Dairy Processing Equipment Market by Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 4.7 % during the forecast period. The Homogenizers market is expected to witness a CAGR of 6.5% during (2017 - 2023). Additionally, The Evaporators & Dryers market would attain market size of $1,289.5 million by 2023.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Dairy Processing Equipment Market have been discussed in the report with the elaborated company profiles of GEA Group, SPX Corporation, The Krones Group, Tetra Laval International S.A., Alfa Laval AB, IMA Group, Idmc Limited, JBT Corporation (A&B Process Systems), Scherjon Equipment Holland B.V., and Feldmeier Equipment, Inc.
Full report - https://www.kbvresearch.com/dairy-processing-equipment-market/
Global Dairy Processing Equipment Market Segmentation
By Application
By Type
By Geography
Companies Profiled
Unique Offerings from KBV Research
Related Reports:
North America Dairy Processing Equipment Market (2017-2023)
Europe Dairy Processing Equipment Market (2017-2023)