Global Grain Processing Equipment Market Report 2022

0

ReportLinker

Key players in the grain processing equipment market are Alvan Blanch Development Company Limited, Osaw Agro Industries Private Limited, WESTRUP A/S, Golfetto Sangati S. rl, PETKUS Technologie GmbH, Lewis M.

New York, June 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Grain Processing Equipment Global Market Report 2022” – https://www.reportlinker.com/p06284381/?utm_source=GNW
Carter Manufacturing, LLC, Satake USA, Inc., Forsberg Agritech (India) Pvt. Ltd., Lianyungang Huantai Machinery Co., Ltd., GEA Group AG (Golfetto Sangati Srl), Zhengzhou VOS Machinery Equipment Co., Ltd., Corbion NV, Monsanto Company, Ganesh Engineering Works.

The global grain processing equipment market is expected to grow from $4.19 billion in 2021 to $4.48 billion in 2022 at a compound annual growth rate (CAGR) of 6.8%. The grain processing equipment market is expected to reach $5.57 billion in 2026 at a CAGR of 5.6%.

Grain processing is basically a physical procedure that involves cleaning the grain, adjusting the moisture content to the proper level, and mechanically sizing the grains to the required size. Grains are processed to produce products that are primarily used for human or animal consumption.

The main machine types in grain processing equipment are pre-processing and processing. The Pretreatment segment manufactures pretreatment equipment for processing various grains.

All grains are pre-processed, such as removing foreign particles including stones, immature grains and other impurities before processing the grains. The different modes of operation include automatic and semi-automatic and are used in various applications such as cleaning, grading, material handling, coaters and dryers.

It is distributed through multiple channels including online and offline.

Asia-Pacific was the largest region in the grain processing equipment market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.

Regions covered in the Grain Processing Equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

Growing population is expected to drive the grain processing equipment market growth in the future. The increase in population has a direct influence on the increase in food and beverage consumption, leading to an increased demand for grain-based products.

For example, according to United Nations World Population Prospects 2019, the world population reached 7.87 billion in July 2021 and is estimated to reach over 9 billion by 2037. Similarly, according to The Economic Times report, the cereal production of India is expected to rise by 3.74. % to a new record of 308.65 million tonnes for the 2020-21 campaign. Hence, growing population is propelling the growth of grain processing equipment market.

The application of near infrared (NIR) spectroscopy is one of the rising trends in the grain processing equipment market. NIR spectroscopy has enormous potential for agricultural applications such as grain production, as it is used to measure protein levels and grain values, and can also be used to manage plant health, detect disease and monitor the development of cereals.

For example, in April 2021, BoMill AB, a machinery company based in Sweden, installed its grain sorter with NIR-T IQ technology in the pre-cleaning grain processing plant of JSC Metelitca. JSC Metelitca, a grain processing and production company, may be able to provide high quality grain products through this technology.

In March 2019, Ag Growth International Inc. (AGI), a Canadian supplier of equipment and solutions for food processing facilities, acquired Milltec Machinery Limited for $109.5 million. This acquisition gives AGI access to both rice-growing equipment and Indian markets. Milltec Machinery Limited is an India-based company engaged in the manufacture of machinery for pulses, maize, seeds, rice milling and multi-product processing.

The countries covered in the Grain Processing Equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea South, the United Kingdom and the United States.

Read the full report: https://www.reportlinker.com/p06284381/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
Share.

About Author

Comments are closed.