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The dairy market is projected to grow with a CAGR of 5% from 2016 to 2023.
In 2018, the global milk output was valued at 843 million ton, an increase of 2.2% from the valued registered in 2017. This increase can be primarily attributed to production expansions in India, Turkey, the European Union, Pakistan, the United States, and Argentina. However, this factor was partially offset by a decline in milk output, especially in China and Ukraine.
Increasing demand for dairy products is driven by growing population, higher income levels, and rising health consciousness. The global market is primarily dominated by the milk segment, followed by butter and cheese segments.
The Dairy and Milk Processing Market focuses on the analysis on the basis of geography which includes:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
Geographically, Europe commanded the largest share of the overall dairy products market, followed by Asia-Pacific. The large share of this region is mainly attributed to high per capita consumption, strong dairy culture, increased new product launches, and better trade landscape at a global level. However, Asia-Pacific region is expected to grow at the fastest CAGR.
CFT GROUP SOLUTION
We are able to handle dairy products and non-dairy alternative drinks all the way from the reception phase to the liquid processing, evaporation and drying through to the final conditioning. Thanks to the partnership with Dutch Drying Systems – a premium Dutch Spray Dryers manufacturer based in the heart of the Dairy Valley – CFT Group can supply integrated solutions for evaporation and spray drying, along with all the (upstream and downstream) complementary processing equipment. Any customer requirement can therefore be answered through one unique supplier.
In 2018, thanks to the acquisition of the Italian Brand “MIlk Project”, CFT Group has added to its wide range of portfolio a complete range of machines specific for Cheese and Spreadable Cheese Industry, such as cradle and circular vats, cheese overturn systems, dosing and molding systems and mechanized tunnels and tracks.
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Speed up to 72.000 cph. Automatic filling machines specifically designed…
Apollo MVR for the Dairy industry
Thanks to the recent launch of the Milk and Dairy division, is able to supply complete systems for the Dairy Industry, with a full range of optimum evaporators, aseptic sterilizers and pasteurizers, sterilizing retorts, spray dryers, ultra-clean filling machines and a complete End of Line range able to meet different production capacities and customers’ requirements.
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