NEW DELHI, March 20 -- According to the new market research report "Dairy Processing Equipment Market by Type (Pasteurizers, Homogenizers, Separators, Evaporators, Membrane Filtration), Application (Processed Milk, Fresh Dairy Products, Butter, Cheese, Milk Powder, Protein), Operation, and Region - Global Forecast to 2023, published by MarketsandMarketsTM, the Global Dairy Processing Equipment Market is estimated to be valued at USD 8.6 billion in 2018 and is projected to reach USD 11.2 billion by 2023, at a CAGR of 5.4%. The growing consumption of dairy products with the increase in disposable income is driving the dairy processing equipment market across the world.
The pasteurizers segment is estimated to account for the largest market s...