< Key Hightlight >

The global Milk Tank market was valued at 563.43 Million USD in 2020 and will grow with a CAGR of 1.24% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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. In terms of volume, the Horizontal Closed Tank segment accounts bigger market share than Silo/ Vertical Closed Tank and Open Tank segment, in 2012 Horizontal Closed Tank segment accounted for about 69.82% and about 64.92% in 2017. In terms of Value, in 2012 Silo/ Vertical Closed Tank accounted for about 17.34% share and in 2017 Silo/ Vertical Closed Tank will account for about 32.61% share, which indicate the Silo/ Vertical Closed Tank is becoming more popular.
By Market Verdors:
DeLaval
Packo Cooling
Mueller
Serap
GEA
Roka
Wedholms
Bcast
Boumatic
Dairymaster
Fic
Milkplan
Kilkenny Cooling Systems
Fabdec

By Types:
Horizontal Closed Tank
Silo/ Vertical Closed Tank
Open Tank

By Applications:
Milk Farm
Milk Processing Plant

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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