Global Milk Tank Cooling System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Milk Farm and Milk Processing Plants.

By Configuration;

Closed End - Horizontal and Vertical, Open End.

By Capacity;

Less than 1000 Lt, 1000 - 5000 Lt, 5000 - 10000 Lt and More than 10000 Lt.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn668786036 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Milk Tank Cooling System Market (USD Million), 2021 - 2031

In the year 2024, the Global Milk Tank Cooling System Market was valued at USD 645.42 million. The size of this market is expected to increase to USD 755.24 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.3%.

Milk is a rich source of vital nutrients and is produced in large volumes worldwide, with India being the leading global producer. One of the challenges of high milk production is that raw milk can only be stored for a maximum of one week without spoiling. Therefore, effective and efficient cooling systems are crucial to preserve milk quality. Milk tank cooling systems come in two types: direct expansion milk cooling tank systems and ice bank milk cooling tank systems. These systems are essential for extending the shelf life of milk and ensuring its safe transportation.

The COVID-19 pandemic has significantly impacted the global milk tank cooling system industry, mainly due to prolonged lockdowns in major countries. This has led to a substantial slowdown in market growth over the past few months, a trend that is likely to continue throughout 2020. The pandemic has already affected the sales of equipment and machinery in the first quarter of 2020, with a continued negative impact expected throughout the year.

Previously, the major demand for equipment and machinery came from leading manufacturing countries such as the U.S., Germany, Italy, the UK, and China. However, these countries have been severely affected by the spread of the coronavirus, resulting in halted demand for such equipment. The full impact of the lockdown remains uncertain, and the financial recovery of companies will largely depend on their cash reserves. Equipment and machinery companies can sustain a complete lockdown only for a limited time, after which they may need to adjust their investment strategies to cope with the ongoing challenges.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Configuration
    3. Market Snapshot, By Capacity
    4. Market Snapshot, By Region
  4. Global Milk Tank Cooling System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for dairy products
        2. Increasing demand for cold chain management
      2. Restraints
        1. High initial investment
        2. Lack of awareness
      3. Opportunities
        1. Technological advancements
        2. Growing demand for organic milk
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Milk Tank Cooling System Market, By Application, 2021 - 2031 (USD Million)
      1. Milk Farm
      2. Milk Processing Plants
    2. Global Milk Tank Cooling System Market, By Configuration, 2021 - 2031 (USD Million)
      1. Closed End
      2. Horizontal
      3. Vertical
      4. Open End
    3. Global Milk Tank Cooling System Market, By Capacity, 2021 - 2031 (USD Million)
      1. Less than 1000 Lt
      2. 1000 - 5000 Lt
      3. 5000 - 10000 Lt
      4. More than 10000 Lt
    4. Global Milk Tank Cooling System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Dairymaster
      2. Fabdec Ltd
      3. Serap Group
      4. Boumatic
      5. Wedholms AB
      6. Daviesway Pty Ltd
      7. RØ-KA Indutries A/S
      8. Fic S.p.A
      9. Milkplan
  7. Analyst Views
  8. Future Outlook of the Market