Vishal Gupta13 Feb, 2025Health
The global dairy processing equipment market size reached USD 11.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 20.1 Billion by 2033, exhibiting a growth rate (CAGR) of 5.82% during 2025-2033. The market growth` is driven by the increasing demand for dairy products across the globe, heightened focus on health-conscious trends, rapid urbanization and changing lifestyles, rising technological advancements, imposition of favorable government incentives, and the expansion of trade. At present, Asia Pacific holds the largest share, driven by the presence of a well-established dairy industry, particularly in India and China.
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