Market Overview:
The global stainless steel milk tank market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for milk and dairy products, rising disposable income, and growing awareness about the benefits of consuming dairy products. By type, the 500 cubic capacity segment is expected to dominate the market during the forecast period owing to its low price and easy installation. However, with technological advancements in this sector, 1000 cubic capacity tanks are becoming increasingly popular among end users as they offer high storage capacity along with other features such as temperature control and agitation systems. By application, milk farms are expected to account for a major share of the global stainless steel milk tank market during the forecast period owing to their growing demand for large-scale storage tanks that can meet production needs.
Product Definition:
A stainless steel milk tank is a container used to store milk. It is made of stainless steel, which makes it durable and resistant to corrosion. This makes it ideal for storing milk, as it will not contaminate the milk with any harmful substances.
500 Cubic Capacity:
500 cubic capacity stainless steel milk tank is used for transportation of liquid in bulk. It has a wide range of applications in food & beverage industry including dairy products, fresh and processed fruits and vegetables among others. The demand for 500 cubic capacity stainless steel milk tank is expected to witness significant growth on account of rising application scope in the food processing industry coupled with growing population resulting into increasing demand for various dairy products such as butter, cheese, yogurt among others.
800 Cubic Capacity:
800 cubic capacity is the maximum amount of milk a standard dairy cow can produce in 24 hours. The 800 cubic capacity stainless steel milk tank is used for transportation and storage of the fresh milk produced by the cow. It keeps the freshness and quality of milk for longer duration with less chances to spoil.
Application Insights:
The demand for the product in milk farm application is expected to reach USD 5.0 billion by 2030 owing to its ability to withstand high temperatures and maintain its structural integrity over a wide range of pH levels. The demand for the product in milk processing plant application is expected to witness a CAGR of XX% from 2018 to 2030, on account of increasing utilization of stainless steel products due largelyto their superior characteristics including durability, easy cleaning & maintenance and low rate of corrosion as compared with other metals or alloys used in food processing industry such as aluminum or plastics materials.
Stainless steel offers various advantages including resistance against bacteria growth due primarilyto its non-porous & sterile surface which prevents bacterial growth inside the tank resulting into contaminationof milk & dairy products stored therein, strength.
Regional Analysis:
Asia Pacific dominated the global stainless steel milk tank market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for dairy products, increasing per capita consumption, and growing awareness about health benefits of milk. China is one of the largest producers as well as consumers of dairy products globally. It has around 3,500 dairies with a total annual production exceeding 300 million tons that supplies various parts of Asia including India, Japan, Malaysia and Indonesia among others.
Growth Factors:
- Increasing demand for milk from the dairy industry
- Growing population and rising income levels in developing countries
- Technological advancements in the milk tank manufacturing process
- Rising awareness about the benefits of stainless steel milk tanks among consumers
- Stringent government regulations on food safety and hygiene
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Milk Tank Market Research Report
By Type
500 Cubic Capacity, 800 Cubic Capacity, 1000 Cubic Capacity, Other
By Application
Milk Farm, Milk Processing Plant
By Companies
DeLaval, Packo Cooling, Mueller, Serap, GEA, Roka, Wedholms, Bcast, Boumatic, Dairymaster, Fic, Milkplan, Kilkenny Cooling Systems, Fabdec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Milk Tank Market Report Segments:
The global Stainless Steel Milk Tank market is segmented on the basis of:
Types
500 Cubic Capacity, 800 Cubic Capacity, 1000 Cubic Capacity, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Milk Farm, Milk Processing Plant
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DeLaval
- Packo Cooling
- Mueller
- Serap
- GEA
- Roka
- Wedholms
- Bcast
- Boumatic
- Dairymaster
- Fic
- Milkplan
- Kilkenny Cooling Systems
- Fabdec
Highlights of The Stainless Steel Milk Tank Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 500 Cubic Capacity
- 800 Cubic Capacity
- 1000 Cubic Capacity
- Other
- By Application:
- Milk Farm
- Milk Processing Plant
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Stainless Steel Milk Tank Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A stainless steel milk tank is a type of food-grade container made from stainless steel. It is typically used to store and transport milk, cream, or other dairy products.
Some of the major companies in the stainless steel milk tank market are DeLaval, Packo Cooling, Mueller, Serap, GEA, Roka, Wedholms, Bcast, Boumatic, Dairymaster, Fic, Milkplan, Kilkenny Cooling Systems, Fabdec.
The stainless steel milk tank market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stainless Steel Milk Tank Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Stainless Steel Milk Tank Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stainless Steel Milk Tank Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Stainless Steel Milk Tank Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Stainless Steel Milk Tank Market Size & Forecast, 2020-2028
4.5.1 Stainless Steel Milk Tank Market Size and Y-o-Y Growth
4.5.2 Stainless Steel Milk Tank Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 500 Cubic Capacity
5.2.2 800 Cubic Capacity
5.2.3 1000 Cubic Capacity
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Milk Farm
6.2.2 Milk Processing Plant
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stainless Steel Milk Tank Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Stainless Steel Milk Tank Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 500 Cubic Capacity
9.6.2 800 Cubic Capacity
9.6.3 1000 Cubic Capacity
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Milk Farm
9.10.2 Milk Processing Plant
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 500 Cubic Capacity
10.6.2 800 Cubic Capacity
10.6.3 1000 Cubic Capacity
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Milk Farm
10.10.2 Milk Processing Plant
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 500 Cubic Capacity
11.6.2 800 Cubic Capacity
11.6.3 1000 Cubic Capacity
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Milk Farm
11.10.2 Milk Processing Plant
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 500 Cubic Capacity
12.6.2 800 Cubic Capacity
12.6.3 1000 Cubic Capacity
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Milk Farm
12.10.2 Milk Processing Plant
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 500 Cubic Capacity
13.6.2 800 Cubic Capacity
13.6.3 1000 Cubic Capacity
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Milk Farm
13.10.2 Milk Processing Plant
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Stainless Steel Milk Tank Market: Competitive Dashboard
14.2 Global Stainless Steel Milk Tank Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DeLaval
14.3.2 Packo Cooling
14.3.3 Mueller
14.3.4 Serap
14.3.5 GEA
14.3.6 Roka
14.3.7 Wedholms
14.3.8 Bcast
14.3.9 Boumatic
14.3.10 Dairymaster
14.3.11 Fic
14.3.12 Milkplan
14.3.13 Kilkenny Cooling Systems
14.3.14 Fabdec
