Dairy Processing Equipment Market by Equipment Type (Homogenizers, Membrane Filtration Equipment, Se
The dairy processing equipment market is estimated to increase from US$ 11.1 Bn in 2024 to an astounding US$ 17 Bn by 2031. The market is projected to record a CAGR of 6.3% during the forecast period from 2024 to 2031.
The market for milk processing machines is set to be driven by rising investments in modern milking technologies and surging demand for pure dairy products from millennials. Government bodies are also offering subsidies and tax rebates on the purchase of milk processing equipment, especially in developing countries.