24 June 2016

Dairy processing equipment market global industry analysis

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Dairy processing equipment market global industry analysis and opportunity assessment from 2015 to 2025

Milk is an advantageous nutritious food that has a short life span and needs careful handling. It is highly perishable as it has a stupendous medium for the growth of microorganisms.

Milk processing permits the preservation of milk for days, weeks as well as even months and thus helps to decrease food-borne diseases. The processing of dairy products gives a small-scale dairy makers higher cash incomes than selling raw milk and proposes better prospects to reach regional and urban markets.

Dairy Processing Equipment Market Forecast

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Dairy Processing Equipment Market by Type, by Application & by Region - Global Forecast to 2020

"Dairy processing equipment market projected to grow at a CAGR of 5.4%"

The global dairy processing equipment market is projected to reach USD 10.90 billion by 2020, growing at a CAGR of 5.4% from 2015 to 2020. This market is witnessing growth due to a number of factors such as dairy farmers getting more milk per cow, dairy processers increasing their output, and the rise in global demand for dairy products. This rise is due to the availability of a variety of dairy products that appeal to consumers. This demand is also fueled by the population growth, rapid urbanization, increased disposable income, and the emergence & modernization of cold chain facilities such as refrigerated transport & storage.

Food Processing Industries Developing Fast

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The Ministry of Food Processing Industries (MoFPI) is concerned with formulation and implementation of the policies and plans for the food processing industries within the overall national priorities and objectives. In the era of economic liberalisation, all segments including; private, public and co-operative sectors have defined roles to play and the Ministry promotes their active participation.

Benefits of food processing: