Grain Processing Equipment Market Size Worth $5.9 Billion By 2025


Posted July 16, 2020 by sitakant

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 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.
For PDF sample Copy or More Details please visit link @: https://www.grandviewresearch.com/industry-analysis/grain-processing-equipment-market
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.
Grain Processing Equipment Market Report Highlights
• 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
To request Research report sample copy with TOC please visit @: https://www.grandviewresearch.com/industry-analysis/grain-processing-equipment-market/request/rs1
Grain Processing Equipment Market Segmentation
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
o U.S.
o Canada
o Mexico
• Europe
o Germany
o Russia
o Italy
o U.K.
• Asia Pacific
o China
o India
o Japan
o Australia
o South Korea
• Central & South America
o Brazil
• Middle East and Africa
o South Africa
For Inquire before buying please visit @: https://www.grandviewresearch.com/inquiry/6430/ibb
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.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By sitakant
Country United States
Categories Business , Industry , Manufacturing
Tags grain processing equipment market size
Last Updated July 16, 2020