The grain processing equipment market has expanded robustly in recent years. The market valued at $5.18 billion in 2024 will grow to $5.54 billion in 2025 at a CAGR of 7.0%. This growth can be attributed to factors such as the increase in global population and food demand, the growth of the food and beverage processing industry, the need for efficient grain cleaning and sorting processes, the demand for processed grains in animal feed production, and the expansion of commercial bakeries and flour mills.
The grain processing equipment market is slated for strong growth in the upcoming years, reaching $6.96 billion in 2029 at a CAGR of 5.9%. This growth will likely be driven by the adoption of automation and robotics in grain processing, emphasis on sustainable and eco-friendly processing practices, integration of IoT and Industry 4.0 technologies in grain processing, advancements in grain processing equipment research and development, and expansion of specialty grain processing for niche markets. Upcoming trends encompass digitalization and automation of processing lines, advanced sorting and grading technologies, energy-efficient and environmentally-friendly processing solutions, sanitary design in processing equipment, and enhanced grain milling technology for flour quality.
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What are the Key Factors Driving Market Growth in the Grain Processing Equipment Sector?
The surge in global population is a critical driver for grain processing equipment market growth. This increase in population drastically impacts the demand for food and beverage consumption, consequently boosting the requirement for grain-based products. For example, data from Macrotrends reveal a steady rise in global population, hitting approximately 8.045 billion in 2023, a growth rate of 0.88% from 7.975 billion in 2022, which was a 0.83% increase from the preceding year. Hence, it is evident that a rising population continues to propel the growth of the grain processing equipment market.
Which are the Major Segments in the Global Grain Processing Equipment Market?
– By Machine: Pre Processing, Processing
– By Technology: Automatic, Semi-Automatic
– By Application: Cleaning, Grading, Handling, Coaters, Dryers
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Who are the Major Players in the Grain Processing Equipment Market?
Major players in the grain processing equipment market include Alvan Blanch Development Company Limited, Osaw Agro Industries Private Limited, WESTRUP A/S, Golfetto Sangati S.r.l., PETKUS Technologie GmbH, Lewis M. Carter Manufacturing LLC., Satake USA Inc., Forsberg Agritech Pvt. Ltd., Lianyungang Huantai Machinery Co. Ltd., Zhengzhou VOS Machinery Equipment Co. Ltd., Ganesh Engineering Works, Bühler AG, Satake Corporation, Ag Growth International Inc., Cimbria A/S, Grain Systems Inc., Milltec Machinery Pvt Ltd, Muyang Holdings Co. Ltd., Seedburo Equipment Company Inc., Synmec International Trading Ltd., Walinga Inc., Akyurek Technology, ArrowCorp Inc., Bratney Companies, Crippen Northland Superior Supply Co. Inc., Flaman Group of Companies, Grain Cleaning LLC, Nor-Ag Ltd., Oliver Manufacturing Co. Inc.
Which Trends are Emerging in the Grain Processing Equipment Market?
The rising application of near-infrared (NIR) spectroscopy stands as a significant trend in the grain processing equipment market. NIR spectroscopy is utilized to measure protein levels and equivalent nitrogen values in grains, for managing plant health, identifying diseases, and monitoring grain development. For instance, in June 2022, BoMill AB, a Swedish machinery company, launched the NIR-based BoMill InSight technology, which offers a flexible sorting capacity for addressing sorting needs of grain processors keen on quality attributes such as protein level, fusarium contamination, or vitreousness.
Which Region is Experiencing the Fastest Growth in the Grain Processing Equipment Sector?
Asia-Pacific reigned as the largest region in the grain processing equipment market in 2024 and is forecasted to be the fastest-growing region. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Insights Does the Grain Processing Equipment Market Offer?
Grain processing equipment comprises machinery used for processing various types of grains. The equipment is engaged in various procedures like kernel cleaning, moisture content adjustment, and mechanical sizing of grains to the required dimensions. Processed grains are chiefly used for human or animal consumption. The Grain Processing Equipment Market from The Business Research Company discloses global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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