The key vendors in the global dairy processing equipment market 2015-2019 are Alfa Laval, Feldmeier Equipment Inc., GEA Group, Krones Group, SPX Corp. and Tetra Laval
London, 03 August 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global dairy processing equipment market 2015-2019. Demand for HPP technology is one of the major trends being observed in this market. HPP kills micro-organisms in food without eliminating nutrients, color, or flavor by using pressure ranging from 60,000 to 87,000 psi, thus preserving the natural freshness of food products. The global dairy processing equipment market 2015-2019 is expected to grow at a CAGR of 8.88% during the period 2014-2019.
New dairy products are being introduced in the market to cater to changing consumer preferences for low fat, organic, and nutrient-fortified foods, and this growth in demand for dairy products is expected to drive the global dairy processing equipment market. Vendors in the market are designing equipment that can meet these demands and function at a faster rate, help streamline efficiency, provide greater capacity and flexibility, and comply with food safety regulations.
“Dairy processors are finding new ways to appeal to consumer tastes, are fortifying products with valuable nutrients, and are providing health-oriented and high-protein dairy products with a large flavor profile to stay ahead of the competition,” says Faisal Ghaus, Vice President of Technavio Research.
“Consumers are also demanding natural energy sources and nutritional offerings, which is driving dairy processors to formulate versatile products, thus driving the need for dairy processing equipment vendors to develop functional applications and equipment that can help dairy processers cater to these changes.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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