(Food-Beverage-News.Com, September 19, 2017 ) The Latin America Dairy Processing Equipment Market was worth $0.89 billion in 2016 and estimated to be growing at a CAGR of 5.77%, to reach $1.18 billion by 2021. Latin America is an emerging region market for dairy processing equipment market.
Dairy processing equipment helps intensifying output and prolongs shelf life of dairy products so that they are distributed to the end users in the best probable quality. Milk processing comprises of a substantial share of dairy processing, as much of the milk present in supermarkets is treated.
New technological advances and rise in consumption and demand for dairy foods have directed towards the growth of the dairy processing equipment market. Augmented acceptance of efficient machineries and technology by dairy product producers and mechanization provided by the equipment’s is supporting the growth of dairy processing equipment markets. Costly equipment’s and processing of dairy products is obstructing the dairy processing equipment market.
Latin America market for Dairy Processing Equipment is segmented by type into Pasteurizer, Homogenizers, Separators, Evaporators & Dryers, Membrane Filtration Equipment and Other Equipment. On the basis of application the dairy processing equipment market is bifurcated into Processed Milk, Cream, Milk Powders, Cheese and Protein Concentrates. Based on process technology the market is divided into Direct Heating, Microfiltration, Deep-Bed Filtration, Indirect Heating and Bacteria-Removing Separation. Protein concentrate is the highest shareholding segment due to increasing consciousness among people regarding nutritious diet.
Geographically the market is segmented into Mexico, Brazil and Argentina. Due to high population base in Brazil it is leading the region’s dairy processing equipment market.
Some of the major players in dairy processing equipment market include Reliable Milking Systems Inc., Automated Dairy Systems, DCI Inc., Dairy Creations Inc., Robert Reiser & Co. Inc., Agrometal Ltd., Kimaco Inc., Marlen Research Corp., Stephen Machinary Corp., Alfa Laval Inc., Indian Dairy Equipment Co., A&B Process Systems Corp., Scherjon Dairy Equipment Holland B.V., Ivarson Inc., Genemco Inc., Admix Inc., SSP Pvt Ltd., Feldmeier Equipment Inc., Tetra Pak International S.A. and Western Dairy Research Inc.
Market Segmentation
1) By Type • Pasteurizer • Homogenizers • Separators • Evaporators & Dryers • Membrane Filtration Equipment • Other Equipment
2) By Application • Processed Milk • Cream • Milk Powders • Cheese • Protein Concentrates
3) By Process Technology • Direct Heating • Microfiltration • Deep-Bed Filtration • Indirect Heating • Bacteria-Removing Separation
Reasons to buy Latin America Dairy Processing Equipment Market Research Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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