Grain Processing Equipment Market Size, Share, Growth, Trends and Industry Analysis Report

The global grain processing equipment market size is anticipated to be valued at USD 5.9 billion by 2025, exhibiting a CAGR of 5.0% over the forecast period, according to a new report published by Grand View Research, Inc. The grain processing equipment industry is projected to be driven by the growing demand for processed food products in food & beverage industry.

The grain processing equipment industry is one of the prominent industries witnessing significant market growth in the recent years. Various macroeconomic factors such as rising income level of the middle class population, increasing consumer awareness, and growing demand for processed and packaged food are expected to trigger the market growth over the forecast period. The strong presence of regulatory associations such as the Environmental Protection Agency (EPA) and the Ministry of Food Processing Industries is expected to aid the industry growth. Hygiene, quality, and technological advancements are the major pillars of the global food processor machines industry.

The market is segmented into semi-automatic and automatic on the basis of mode of operation. Automatic grain processor is expected to be the dominant mode of operation segment, which is projected to account for over 51.2% of the total revenue share by 2025. This is mainly owing to high demand for automation, technological developments, and strong R&D capabilities of industry players. Semi-automatic equipment segment is expected to progress at a CAGR of 4.3% over the forecast period.

Pre-process machine segment is expected to dominate the global grain processing equipment industry, propelling at a CAGR of 5.3% from 2019 to 2025. Asia Pacific, prominently China and India, is one of the leaders in the global food processing equipment industry. Rising disposable income in China, India, and Japan is one of the factors favoring the grain processors market in Asia Pacific. Moreover, increasing demand for leisure food in China, India, Indonesia, Malaysia, Japan, and various other countries is anticipated to spur the growth of grain processing market over the forecast period.

Further key findings from the report suggest:

• Automatic equipment is expected to be the fastest-growing segment, registering a CAGR of 5.7% from 2019 to 2025
  
  
• Pre-process machine type is anticipated to be the largest and fastest-growing segment in 2025 in the global grain processing equipment Market
  
  
• The U.S. is one of the prominent markets and holds a considerable share. Food industry in the U.S. favorable impacts the grain equipment market considering a huge presence of industry players, favorable government policies, and industrial automation
  
  
• Asia Pacific is projected to be the fastest-growing region and a prominent food processing equipment market, which is majorly driven by China, India, and other Asian countries. The region is expected to advance at a CAGR of 7.1% over the forecast period.

Access full research report on global grain processing equipment market: 
www.grandviewresearch.com/industry-analysis/grain-processing-equipment-market

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Created on Oct 22nd 2019 04:05. Viewed 334 times.

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