Technavio recognizes the following companies as the key players in Dairy Processing Equipment Market in the US 2015-2019: Feldmeier Equipment Inc, GEA Group AG, SPX Corp and Tetra Laval Corp.
Other Prominent Vendors in the market are: A&B Process Systems, Alfa Laval, C. van’t Riet, Farm and Ranch Depot, JBT, One Ash Farm and Dairy Supply and Paul Mueller
Commenting on the report, an analyst from Technavio’s team said: “Advances in technology in dairy processing equipment is one such trend. Manufacturers are increasingly investing in R&D to develop processing machinery with better efficiency and productivity.”
According to the report, factors such as growth in domestic demand and higher export of dairy products are driving market growth. Changing diet patterns, need for healthier food, and availability of diverse products in the market have resulted in increased demand for dairy products.
Further, the report states that high production cost as well as the long replacement life of dairy processing equipment restricts the growth of the dairy processing equipment market in the US.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/dairy-processing-equipment-market-in-us-2015-2019
Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- http://www.technavio.com/healthcare-chemicals-food-retail
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