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Grain Processing Equipment Market is Estimated to Hit at a Highest CAGR of 5.0% By 2025 | Grand View Research Inc.

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Grain Processing Equipment Market is Estimated to Hit at a Highest CAGR of 5.0% By 2025 | Grand View Research Inc.

September 26
15:21 2019
Grain Processing Equipment Market is Estimated to Hit at a Highest CAGR of  5.0% By 2025 | Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research,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.

According to a report, “ Grain Processing Equipment Market Size, Share & Trends Analysis Report By Operation (Semi-Automatic, Automatic), By Machine, By Region, And Segment Forecasts, 2019 – 2025 ”, published by Grand View Research, Inc.,

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.

Ask Our Industry Expert for More Details on Report – www.grandviewresearch.com/inquiry/6430/ibb

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.

U.S. Grain Processing Equipment Market

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.

Regional Insights

Asia Pacific was the dominant regional segment, occupying over 39.6% of the revenue share in 2018. The regional market is expected to propel at a CAGR of 7.1% over the forecast period owing to high demand for product innovation and a vast variety in processed & packaged food products. Various technological advancements in developing regions offer significant growth prospects to the manufacturers in the industry. The expansion of food & beverage sector in Asia Pacific to accommodate the rapidly burgeoning population is anticipated to drive product consumption in food & beverage industry.

North America is one of the mature regional markets for grain processing equipment globally. Factors such as rapid urbanization, high spending power, rising household income, industrialization, and changing consumer food preferences are expected to strengthen the market. North America, being a developed region, factors such as technological advancements, government framework offering favorable policies, and infrastructural development offering strong distribution channels are the factors that further boost the growth of grain processing equipment industry in the region.

Global Grain Processing Equipment Market

Europe is a prominent regional player in food & beverage industry. The industry majorly contributes to the country’s economy, as countries such as Germany, Italy, and the U.K. play a vital role in shaping the economy. The demand for and supply of food and processed food in these areas along with strong and distributed network facilitate the companies to grab growth opportunities. Moreover, health awareness, dietary shifts, and consumer preferences for food and drinks have impacted the demand for food processing equipment market.

The grain processing equipment industry in CSA is majorly driven by Brazil. Economic and political crises in the region during the period 2015-2016 had a major impact on the food & beverage industry. However, it started recovering since 2017 with a considerable growth rate. Factors such as rising GDP, industrial development, and inclination toward automation are projected to favor the demand for grain machinery in the region over the forecast period.

Browse Related Report: 

  • U.S. Food Container Market – The packaged food market growth is expected to witness significant gains as a result of the introduction of new processing technologies aimed for increasing the shelf life of food products. Rising demand for hot dogs, chicken burger, and beef sandwiches in the U.S. as a result of changing lifestyles, and increased popularity of quick-service restaurants is expected to have a substantial impact. 
  • Meat Processing Equipment Market – Growing demand for processed meat in developing nations, coupled with rise in per capita income, is expected to drive demand. Moreover, dietary shift of consumers towards animal protein in developing nations is anticipated to propel market growth.

Grand View Research has segmented the global grain processing equipment market on the basis of mode of operation, machine, and region:

Grain Processing Equipment Mode of Operation Outlook (Revenue, USD Million; 2014 – 2025)

  • Semi-Automatic

  • Automatic

Grain Processing Equipment Machine Outlook (Revenue, USD Million; 2014 – 2025)

  • Pre Processing

  • Processing

Grain Processing Equipment Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • Russia

    • Italy

    • U.K.

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Central & South America

    • Brazil

  • Middle East and Africa

    • South Africa

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research

 

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

 

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