Market Forecast By Equipment Type (Homogenizers, Membrane filtration equipment, Separators, Mixing & blending equipment, Evaporators & dryer equipment, Pasteurizers, Others), By Application (Cheese, Processed Milk, Yogurt, Protein Ingredients, Milk Powder, Others) And Competitive Landscape
Product Code: ETC130743 | Publication Date: Jun 2023 | Updated Date: Feb 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Dairy Processing Equipment Market Report thoroughly covers the market by equipment type and application. The India Dairy Processing Equipment Market Outlook report provides an unbiased and detailed analysis of the ongoing India Dairy Processing Equipment Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The India dairy processing equipment market is expected to grow at a steady pace in the coming years. The increasing demand for milk and other dairy products, as well as the adoption of modern technology in the dairy industry, are driving this growth. India has one of the largest milk production capacities in the world, which has resulted in a high demand for efficient and advanced dairy processing equipment.
According to 6Wresearch, the India Dairy Processing Equipment Market size is projected to rise at a CAGR of 7.4% during 2024-2030. There are several factors driving the growth of the India dairy processing equipment market. One of the major drivers is the increasing demand for milk and dairy products in both domestic and international markets. With a growing population and rising incomes, there is an increased consumption of dairy products in India, making it one of the largest dairy producers in the world. Moreover, technological advancements such as automation and digitization have further enhanced the efficiency of dairy processing equipment, reducing production costs and increasing productivity. The India Dairy Processing Equipment Market growth is driven by these factors.
One of the major challenges is inadequate infrastructure and outdated technology in many smaller dairy farms and facilities. This hinders their ability to adopt advanced processing equipment, leading to lower productivity and quality. Another challenge is the high cost of dairy processing equipment, which makes it out of reach for many small and medium-sized dairy farms.
The key players operating in the Indian dairy processing equipment market include Alfa Laval, GEA Group AG, Tetra Pak International SA, SPX Flow Inc., IMA Group S.p.A., Krones AG, Scherjon Dairy Equipment Holland B.V., Packo Inox NV, Feldmeier Equipment Inc. and Van den Heuvel Dairy & Food Equipment B.V. These players are constantly striving to innovate and introduce new technologies in order to stay ahead of the competition. Some of the recent innovations include energy efficient equipment, automated systems and advanced packaging solutions.
The Indian government has also taken various initiatives to promote the dairy industry and support the growth of dairy processing equipment market. These include subsidies for setting up new dairy plants, modernization of existing plants, loans for purchasing equipment and training programs for dairy farmers. The government's focus on promoting dairy farming is evident from the launch of "National Dairy Plan Phase I" which aims to increase milk production, improve milk quality and provide a sustainable source of income to dairy farmers. Moreover, with the introduction of Goods and Services Tax (GST) in India in 2017, the cost of dairy processing equipment has also decreased.
The India dairy processing equipment market is expected to continue its growth trajectory in the coming years. The increasing demand for dairy products, coupled with government support and technological advancements, will drive the market forward. Additionally, there is a growing trend towards value-added dairy products such as cheese, yogurt, and flavored milk, which will further boost the demand for advanced processing equipment.
According to Prakhar, Senior Research Analyst, 6Wresearch, the homogenizers segment is expected to hold the largest share in the India dairy processing equipment market. This can be attributed to their ability to improve product quality, increase shelf life, and reduce bacterial growth.
Cheese segment is currently experiencing a high demand for dairy processing equipment due to the increasing consumption of cheese-based products in the country.
The report provides a detailed analysis of the following market segments:
India Dairy Processing Equipment |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Dairy Processing Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Dairy Processing Equipment Market Revenues & Volume, 2020 & 2030F |
3.3 India Dairy Processing Equipment Market - Industry Life Cycle |
3.4 India Dairy Processing Equipment Market - Porter's Five Forces |
3.5 India Dairy Processing Equipment Market Revenues & Volume Share, By Equipment Type, 2020 & 2030F |
3.6 India Dairy Processing Equipment Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 India Dairy Processing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Dairy Processing Equipment Market Trends |
6 India Dairy Processing Equipment Market, By Types |
6.1 India Dairy Processing Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 India Dairy Processing Equipment Market Revenues & Volume, By Equipment Type, 2020 - 2030F |
6.1.3 India Dairy Processing Equipment Market Revenues & Volume, By Homogenizers, 2020 - 2030F |
6.1.4 India Dairy Processing Equipment Market Revenues & Volume, By Membrane filtration equipment, 2020 - 2030F |
6.1.5 India Dairy Processing Equipment Market Revenues & Volume, By Separators, 2020 - 2030F |
6.1.6 India Dairy Processing Equipment Market Revenues & Volume, By Mixing & blending equipment, 2020 - 2030F |
6.1.7 India Dairy Processing Equipment Market Revenues & Volume, By Evaporators & dryer equipment, 2020 - 2030F |
6.1.8 India Dairy Processing Equipment Market Revenues & Volume, By Pasteurizers, 2020 - 2030F |
6.2 India Dairy Processing Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Dairy Processing Equipment Market Revenues & Volume, By Cheese, 2020 - 2030F |
6.2.3 India Dairy Processing Equipment Market Revenues & Volume, By Processed Milk, 2020 - 2030F |
6.2.4 India Dairy Processing Equipment Market Revenues & Volume, By Yogurt, 2020 - 2030F |
6.2.5 India Dairy Processing Equipment Market Revenues & Volume, By Protein Ingredients, 2020 - 2030F |
6.2.6 India Dairy Processing Equipment Market Revenues & Volume, By Milk Powder, 2020 - 2030F |
6.2.7 India Dairy Processing Equipment Market Revenues & Volume, By Others, 2020 - 2030F |
7 India Dairy Processing Equipment Market Import-Export Trade Statistics |
7.1 India Dairy Processing Equipment Market Export to Major Countries |
7.2 India Dairy Processing Equipment Market Imports from Major Countries |
8 India Dairy Processing Equipment Market Key Performance Indicators |
9 India Dairy Processing Equipment Market - Opportunity Assessment |
9.1 India Dairy Processing Equipment Market Opportunity Assessment, By Equipment Type, 2020 & 2030F |
9.2 India Dairy Processing Equipment Market Opportunity Assessment, By Application, 2020 & 2030F |
10 India Dairy Processing Equipment Market - Competitive Landscape |
10.1 India Dairy Processing Equipment Market Revenue Share, By Companies, 2023 |
10.2 India Dairy Processing Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |