Study: Dairy processing equipment market worth $11.2B by 2023
The automatic segment is estimated to hold a larger market share, as it helps reduce the cost of labor and enables end users to change between different processing operations.
The global dairy processing equipment market is projected to reach $11.2 billion by 2023, at a CAGR of 5.4%, according to the new market research report published by MarketsandMarkets, New York.