Global Milk Tank Market Growth 2023-2029

Global Milk Tank Market Growth 2023-2029

Dairy farms rely on highly efficient cooling of the milk to keep the milk at a consistent temperature of about the appropriate temperature required in the milk tanks until the milk is collected for further processing.
In dairy farming a bulk milk cooling tank is a large storage tank for cooling and holding milk at a cold temperature until it can be picked up by a milk hauler. The bulk milk cooling tank is an important piece of dairy farm equipment. It is usually made of stainless steel and used every day to store the raw milk on the farm in good condition. It must be cleaned after each milk collection.
LPI (LP Information)' newest research report, the “Milk Tank Industry Forecast” looks at past sales and reviews total world Milk Tank sales in 2022, providing a comprehensive analysis by region and market sector of projected Milk Tank sales for 2023 through 2029. With Milk Tank sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Milk Tank industry.
This Insight Report provides a comprehensive analysis of the global Milk Tank landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Milk Tank portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Milk Tank market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Milk Tank and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Milk Tank.
The global Milk Tank market size is projected to grow from US$ 517.5 million in 2022 to US$ 474 million in 2029; it is expected to grow at a CAGR of 474 from 2023 to 2029.
Global Milk Tank key players include DeLaval, Packo Cooling, Mueller, etc. Global top three manufacturers hold a share over 20%.
Europe is the largest market, with a share about 45%, followed by China, and North America, both have a share about 30 percent.
In terms of product, Horizontal Closed Tank is the largest segment, with a share nearly 65%. And in terms of application, the largest application is Milk Farm, followed by Milk Processing Plant.
This report presents a comprehensive overview, market shares, and growth opportunities of Milk Tank market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Horizontal Closed Tank
Silo and Vertical Closed Tank
Open Tank
Segmentation by application
Milk Farm
Milk Processing Plant
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DeLaval
Packo Cooling
Mueller
Serap
GEA
Roka
Wedholms
Bcast
Boumatic
Dairymaster
Fic
Milkplan
Kilkenny Cooling Systems
Fabdec
Key Questions Addressed in this Report
What is the 10-year outlook for the global Milk Tank market?
What factors are driving Milk Tank market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Milk Tank market opportunities vary by end market size?
How does Milk Tank break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.