Press release
Global Grain Processing Equipment Market Projected to Surpass $6.97 Billion by 2029 with 0.0588504115807889% Annual Growth
What market dynamics are playing a key role in accelerating the growth of the grain processing equipment market?The surge in population is anticipated to propel the expansion of the grain processing equipment market. The rise in populace directly impacts the consumption of food and beverages, leading to a heightened demand for grain-based items. For example, Macrotrends, a company based in the US, reported that the global population arrived at roughly 8.045 billion in 2023, symbolizing a growth of 0.88% from 7.975 billion in 2022, which experienced a growth rate of 0.83% from the previous year. Consequently, the escalating population stimulates the advancement of the grain processing equipment market.
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How will the growth rate of the grain processing equipment market shape industry trends by 2034?
In recent times, there has been notable growth in the grain processing equipment market size. The prediced rise is from $5.18 billion in 2024 to $5.54 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.0%. Factors contributing to the growth in the past period include a surge in the global populace and food necessities, an expansion in the food and beverage processing industry, the requirement for proficient grain cleansing and assorting processes, the increased demand for processed grains in the production of animal feed, and the broadening of commercial bakeries and flour mills.
In the coming years, the grain processing equipment market is predicted to experience substantial growth, reaching a worth of $6.96 billion by 2029, with a compound annual growth rate (CAGR) of 5.9%. This anticipated growth throughout the forecast period would largely be driven by the implementation of automation and robotics in grain processing, a focus on sustainable and eco-friendly processing methods, adoption of Internet of Things (IoT) and Industry 4.0 technologies in this realm, ongoing research and development for next-generation grain processing equipment, and expansion in specialty grain processing for niche markets. Key trends predicted for this forecast period include the digitization and automation of processing lines, adoption of advanced sorting and grading technologies, the pursuit of energy-efficient and environmentally-friendly processing solutions, attention to hygiene and sanitation in the design of processing equipment, and an emphasis on grain milling technology to improve flour quality.
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What trends are poised to drive the future success of the grain processing equipment market?
The rise in usage of near-infrared (NIR) spectroscopy is a prominent trend in the field of grain processing equipment. The technology, which can be utilized for important aspects such as gauging protein concentrations and equivalent nitrogen values in grains, controlling plant health, identifying diseases, and overseeing grain progress, demonstrates colossal promise for agricultural applications like grain production. In June 2022, BoMill AB, an establishment that specializes in machinery in Sweden, introduced BoMill InSight, a technology that employs Near Infrared Transmittance Spectroscopy. BoMill InSight, which can reliably sort anywhere between 2 to 15 mt/h (corresponding to approximately 125,000 kernels analyzed per second) to meet rigorous industrial criteria, caters to the sorting requirements of all grain processors. The internal characteristics like protein quantity, fusarium infection, or vitreousness are considered crucial for the optimization of processes and the supply chain.
Which primary segments of the grain processing equipment market are driving growth and industry transformations?
The grain processing equipment market covered in this report is segmented -
1) By Machine: Pre Processing, Processing
2) By Technology: Automatic, Semi-Automatic
3) By Application: Cleaning, Grading, Handling, Coaters, Dryers
Subsegments:
1) By Pre-Processing: Cleaning Machines, Drying Equipment, Conditioning Equipment
2) By Processing: Milling Machines, Grinding Equipment, Mixing Equipment, Extrusion Equipment
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Which geographical regions are pioneering growth in the grain processing equipment market?
Asia-Pacific was the largest region in the grain processing equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the grain processing equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the grain processing equipment market landscape?
Major companies operating 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.
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What Is Covered In The Grain Processing Equipment Global Market Report?
•Market Size Forecast: Examine the grain processing equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the grain processing equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the grain processing equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the grain processing equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the grain processing equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the grain processing equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the grain processing equipment market.
•Competitive Landscape: Review strategic developments in the grain processing equipment market, including expansions, agreements, and new product launches.
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