1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Dairy Processing Equipment Market Worth $ 13 Bn by 2024: Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Dairy Processing Equipment Market size was over USD 9.15 billion in 2017 and industry expects consumption of above 800 thousand units by 2024.  Increase in inclusion of milk products in daily dietary routine due to high nutritive value will drive the market size. Change in dietary patterns and demographic shifts has led to high consumption of cheese, cream and yogurt may boost product demand.  Increase in development of varied products to meet consumer taste, health needs and specification along with balancing the nutritive value and cost. Adoption of automation in dairy processing to reduce contamination & cost, increase efficiency along with meet required quality standards may favour industry growth.  Government initiatives supported by monetary assistance through subsidies for milk processing industry to promote milk goods consumption to provide nutrition resulted in high investments in technology innovation.. Key Insights from Dairy Processing Equipment Market

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Rising penetration of young generation accompanied by increase in consumption of fast food has led to rise in demand for cheese mainly in the U.S. Cheese making vats, vertical cheese press, and steam stretching machines are also used in production. The U.S. is the largest producer of cheese in the world, producing over 11 billion pounds. Growth in novel milk- based product formulations fortified with additional nutrition will have positive influence on dairy processing equipment demand.  Huge investments in infrastructure, installation and maintenance may challenge industry profitability, thereby negatively impacting dairy processing equipment market price trend.  Global dairy processing equipment market share is competitive and fragmented with major players five companies including, GEA Group, The Krones Group, Tetra Laval International, A&B Processing and Alfa Laval Corp. Other key market players include IDMC, Feldmeier Equipment, SPX Corp., ISF Industries, and Agrometal Ltd.  Continued...

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Dairy Processing Equipment Market Size, By Product, 2017 & 2024, (Units)

5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Nutritional Lipids Market @ https://goo.gl/yNJmW9 https://goo.gl/yNJmW9 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1936 https://www.gminsights.com https://www.gminsights.com/request- sample/detail/49

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