Market Overview:
The global milk cooling systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for dairy products, rising awareness about food safety and hygiene, and technological advancements in milk cooling systems. The global milk cooling systems market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into horizontal closed tank, silo/vertical closed tank, and open tank. The horizontal closed tank segment is expected to hold a major share of the global milk cooling systems market during the forecast period owing to its low cost and easy installation. On the basis of application,the market is divided into milk farm and milk processing plant segments.
Product Definition:
Milk cooling systems are used to cool milk from the farm to the processing plant. The importance of milk cooling systems is that they help maintain the quality and safety of milk by quickly reducing its temperature.
Horizontal Closed Tank:
Horizontal closed tank is a heat exchanger used in milk cooling systems. It is made up of two metal sheets, which are clamped by means of rivets along the top and bottom edge. The upper sheet acts as a cover for the lower one, which contains the fluid to be heated or cooled.
Silo/ Vertical Closed Tank:
Silo/ Vertical closed tank is used in milk cooling systems to store the fresh milk which is delivered from dairy farms. The freshness of the milk depends on how long it spends in transit from the farm to your home. Silos are most effective when they are located close to a source of refrigeration, such as an ice cream plant or Dairy Queen franchisee.
Application Insights:
The milk farm application segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to the increasing number of dairy farms across the globe. Milk cooling systems at milk farms are designed and customized as per specific requirements, such as volume, temperature, and flow rate. These systems help in maintaining optimum conditions for milking throughout the year by reducing seasonal fluctuations in temperature and humidity.
The milk processing plant application segment is expected to witness significant growth over the forecast period owing to rising demand from cheese manufacturers globally. Milk processing plants use these systems to cool down raw milk before it is processed into various products such as butter (pre-emulsified), yogurt (strain-based), ice cream, paneer/cottage cheese (precipitated calcium casein). These processors prefer open tank system due to its ease of cleaning compared with other types of tanks used at these facilities including silo or horizontal closed tank system.
Regional Analysis:
Europe dominated the global market in 2017 owing to presence of a large number of dairy farms and milk processing plants. Countries such as Netherlands, Belgium, Germany, and France are expected to drive the regional growth over the forecast period. Asia Pacific is projected to be one of the fastest-growing regions during the forecast years due to increasing population and rising demand for food products. Moreover, countries such as China and India are anticipated to witness significant growth in near future due to increasing awareness about AMCS systems among farmers.
Growth Factors:
- Increasing demand for milk products: The global population is growing and with it, the demand for dairy products. Milk cooling systems help to preserve milk quality and extend its shelf life, making it an essential part of the dairy industry.
- Urbanization and changing lifestyles: As more people move to cities, they are increasingly becoming aware of the benefits of consuming dairy products. This is driving growth in the milk cooling systems market as well as other segments within the dairy industry.
- Rising income levels: Higher income levels allow consumers to purchase more expensive items such as high-quality milk products that require cooling systems for preservation purposes. This is contributing to growth in the market for milk cooling systems worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Milk Cooling Systems Market Research Report
By Type
Horizontal Closed Tank, Silo/ Vertical Closed Tank, Open Tank
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Milk Cooling Systems Market Report Segments:
The global Milk Cooling Systems market is segmented on the basis of:
Types
Horizontal Closed Tank, Silo/ Vertical Closed Tank, Open Tank
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 Milk Cooling Systems 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:
- Horizontal Closed Tank
- Silo/ Vertical Closed Tank
- Open Tank
- 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 Milk Cooling Systems 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?
Milk cooling systems are used to cool milk while it is being processed. The milk is cooled by passing it through a series of pipes that are filled with cold water. This process makes the milk less likely to spoil and allows the dairy to produce more consistent products.
Some of the major companies in the milk cooling systems market are DeLaval, Packo Cooling, Mueller, Serap, GEA, Roka, Wedholms, Bcast, Boumatic, Dairymaster, Fic, Milkplan, Kilkenny Cooling Systems, Fabdec.
The milk cooling systems market is expected to grow at a compound annual growth rate of 5.5%.
1 Executive Summary2 Assumptions and Acronyms Used
3 Research Methodology
4 Milk Cooling Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.2 Macro-Economic Factors
4.2.1 Industry Outlook
4.3 Milk Cooling Systems Market Dynamics
4.3.1 Market Drivers
4.3.2 Market Restraints
4.3.3 Opportunity
4.3.4 Market Trends
4.4 Milk Cooling Systems Market - Supply Chain
4.5 Global Milk Cooling Systems Market Forecast
4.5.1 Milk Cooling Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2 Milk Cooling Systems Market Size (000’ Units) and Y-o-Y Growth
4.5.3 Milk Cooling Systems Market Absolute $ Opportunity
5 Global Milk Cooling Systems Market Analysis and Forecast by Type
5.1 Market Trends
5.2 Introduction
5.2.1 Basis Point Share (BPS) Analysis by Type
5.2.2 Y-o-Y Growth Projections by Type
5.3 Milk Cooling Systems Market Size and Volume Forecast by Type
5.3.1 Closed
5.3.2 Open
5.4 Absolute $ Opportunity Assessment by Type
5.5 Market Attractiveness/Growth Potential Analysis by Type
6 Global Milk Cooling Systems Market Analysis and Forecast by Application
6.1 Market Trends
6.2 Introduction
6.2.1 Basis Point Share (BPS) Analysis by Application
6.2.2 Y-o-Y Growth Projections by Application
6.3 Milk Cooling Systems Market Size and Volume Forecast by Application
6.3.1 Milk Farm
6.3.2 Milk Processing Plant
6.4 Absolute $ Opportunity Assessment by Application
6.5 Market Attractiveness/Growth Potential Analysis by Application
7 Global Milk Cooling Systems Market Analysis and Forecast by Region
7.1 Market Trends
7.2 Introduction
7.2.1 Basis Point Share (BPS) Analysis by Region
7.2.2 Y-o-Y Growth Projections by Region
7.3 Milk Cooling Systems Market Size and Volume Forecast by Region
7.3.1 North America
7.3.2 Europe
7.3.3 Asia Pacific
7.3.4 Latin America
7.3.5 Middle East and Africa (MEA)
7.4 Absolute $ Opportunity Assessment by Region
7.5 Market Attractiveness/Growth Potential Analysis by Region
7.6 Global Milk Cooling Systems Demand Share Forecast, 2019-2026
8 North America Milk Cooling Systems Market Analysis and Forecast
8.1 Introduction
8.1.1 Basis Point Share (BPS) Analysis by Country
8.1.2 Y-o-Y Growth Projections by Country
8.2 North America Milk Cooling Systems Market Size and Volume Forecast by Country
8.2.1 U.S.
8.2.2 Canada
8.3 Absolute $ Opportunity Assessment by Country
8.4 North America Milk Cooling Systems Market Size and Volume Forecast by Type
8.4.1 Closed
8.4.2 Open
8.5 Basis Point Share (BPS) Analysis by Type
8.6 Y-o-Y Growth Projections by Type
8.7 North America Milk Cooling Systems Market Size and Volume Forecast by Application
8.7.1 Milk Farm
8.7.2 Milk Processing Plant
8.8 Basis Point Share (BPS) Analysis by Application
8.9 Y-o-Y Growth Projections by Application
8.10 Market Attractiveness/Growth Potential Analysis
8.10.1 By Country
8.10.2 By Type
8.10.3 By Application
8.11 North America Milk Cooling Systems Demand Share Forecast, 2019-2026
9 Europe Milk Cooling Systems Market Analysis and Forecast
9.1 Introduction
9.1.1 Basis Point Share (BPS) Analysis by Country
9.1.2 Y-o-Y Growth Projections by Country
9.2 Europe Milk Cooling Systems Market Size and Volume Forecast by Country
9.2.1 Germany
9.2.2 France
9.2.3 Italy
9.2.4 U.K.
9.2.5 Spain
9.2.6 Russia
9.2.7 Rest of Europe
9.3 Absolute $ Opportunity Assessment by Country
9.4 Europe Milk Cooling Systems Market Size and Volume Forecast by Type
9.4.1 Closed
9.4.2 Open
9.5 Basis Point Share (BPS) Analysis by Type
9.6 Y-o-Y Growth Projections by Type
9.7 Europe Milk Cooling Systems Market Size and Volume Forecast by Application
9.7.1 Milk Farm
9.7.2 Milk Processing Plant
9.8 Basis Point Share (BPS) Analysis by Application
9.9 Y-o-Y Growth Projections by Application
9.10 Market Attractiveness/Growth Potential Analysis
9.10.1 By Country
9.10.2 By Type
9.10.3 By Application
9.11 Europe Milk Cooling Systems Demand Share Forecast, 2019-2026
10 Asia Pacific Milk Cooling Systems Market Analysis and Forecast
10.1 Introduction
10.1.1 Basis Point Share (BPS) Analysis by Country
10.1.2 Y-o-Y Growth Projections by Country
10.2 Asia Pacific Milk Cooling Systems Market Size and Volume Forecast by Country
10.2.1 China
10.2.2 Japan
10.2.3 South Korea
10.2.4 India
10.2.5 Australia
10.2.6 Rest of Asia Pacific (APAC)
10.3 Absolute $ Opportunity Assessment by Country
10.4 Asia Pacific Milk Cooling Systems Market Size and Volume Forecast by Type
10.4.1 Closed
10.4.2 Open
10.5 Basis Point Share (BPS) Analysis by Type
10.6 Y-o-Y Growth Projections by Type
10.7 Asia Pacific Milk Cooling Systems Market Size and Volume Forecast by Application
10.7.1 Milk Farm
10.7.2 Milk Processing Plant
10.8 Basis Point Share (BPS) Analysis by Application
10.9 Y-o-Y Growth Projections by Application
10.10 Market Attractiveness/Growth Potential Analysis
10.10.1 By Country
10.10.2 By Type
10.10.3 By Application
10.11 Asia Pacific Milk Cooling Systems Demand Share Forecast, 2019-2026
11 Latin America Milk Cooling Systems Market Analysis and Forecast
11.1 Introduction
11.1.1 Basis Point Share (BPS) Analysis by Country
11.1.2 Y-o-Y Growth Projections by Country
11.2 Latin America Milk Cooling Systems Market Size and Volume Forecast by Country
11.2.1 Brazil
11.2.2 Mexico
11.2.3 Rest of Latin America (LATAM)
11.3 Absolute $ Opportunity Assessment by Country
11.4 Latin America Milk Cooling Systems Market Size and Volume Forecast by Type
11.4.1 Closed
11.4.2 Open
11.5 Basis Point Share (BPS) Analysis by Type
11.6 Y-o-Y Growth Projections by Type
11.7 Latin America Milk Cooling Systems Market Size and Volume Forecast by Application
11.7.1 Milk Farm
11.7.2 Milk Processing Plant
11.8 Basis Point Share (BPS) Analysis by Application
11.9 Y-o-Y Growth Projections by Application
11.10 Market Attractiveness/Growth Potential Analysis
11.10.1 By Country
11.10.2 By Type
11.10.3 By Application
11.11 Latin America Milk Cooling Systems Demand Share Forecast, 2019-2026
12 Middle East & Africa Milk Cooling Systems Market Analysis and Forecast
12.1 Introduction
12.1.1 Basis Point Share (BPS) Analysis by Country
12.1.2 Y-o-Y Growth Projections by Country
12.2 MEA Milk Cooling Systems Market Size and Volume Forecast by Country
12.2.1 Saudi Arabia
12.2.2 South Africa
12.2.3 UAE
12.2.4 Rest of Middle East & Africa (MEA)
12.3 Absolute $ Opportunity Assessment by Country
12.4 MEA Milk Cooling Systems Market Size and Volume Forecast by Type
12.4.1 Closed
12.4.2 Open
12.5 Basis Point Share (BPS) Analysis by Type
12.6 Y-o-Y Growth Projections by Type
12.7 MEA Milk Cooling Systems Market Size and Volume Forecast by Application
12.7.1 Milk Farm
12.7.2 Milk Processing Plant
12.8 Basis Point Share (BPS) Analysis by Application
12.9 Y-o-Y Growth Projections by Application
12.10 Market Attractiveness/Growth Potential Analysis
12.10.1 By Country
12.10.2 By Type
12.10.3 By Application
12.11 MEA Milk Cooling Systems Demand Share Forecast, 2019-2026
13 Competition Landscape
13.1 Global Milk Cooling Systems Market: Market Share Analysis
13.2 Milk Cooling Systems Distributors and Customers
13.3 Milk Cooling Systems Market: Competitive Dashboard
13.4 Company Profiles (Details – Overview, Financials, Developments, Strategy)
13.4.1 DeLaval
13.4.2 Packo Cooling
13.4.3 Mueller
13.4.4 Serap
13.4.5 GEA
13.4.6 Roka
13.4.7 Wedholms
13.4.8 Bcast
13.4.9 Boumatic
13.4.10 Dairymaster
