Dairy equipment upgrades fuel $494bn market

By Jenni Spinner contact

- Last updated on GMT

A PMMI study finds 80% of dairy processors are looking to upgrade equipment.
A PMMI study finds 80% of dairy processors are looking to upgrade equipment.

Related tags: Milk

A recent study shows that 80% of dairy processors are looking to upgrade their equipment to help keep pace with growing demand.

PMMI: The Association for Packaging and Processing Technologies has produced the report “Dairy Industry: A Market Assessment.” The full study will be released during next week’s PACK EXPO Las Vegas.  

Market growth

Global milk production is expected hit 827m tons in 2020, a 19% bump over 2010, the study finds; dairy product sales are expected to reach $494bn by 2015. To compete for their share, most processors feel equipment upgrades are a must.

The dairy industry is very interested in optimizing production, and with that comes a willingness to adopt new technologies and doing more with less​,” according to Jorge Izquierdo, vice president of market development for PMMI.

Equipment wish list

The equipment dairy processors responding in the survey said they’d like to acquire or update include robotic controls, items that increase output, inspection systems and energy-saving capabilities like sleep mode.

In addition to freshening equipment, dairy manufacturers are looking to change up packaging. These possible updates include adding aseptic packaging, introducing new package shapes and trying out new materials.

PACK EXPO Las Vegas 2013 is scheduled September 23-25; for more information, visit the show website at www.packexpo.com.

Related topics: Markets, Processing & Packaging

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