Grain Processing Equipment Market Forecasts to 2028 – Global Analysis By Machine (Pre Processing, Processing), Mode of Operation (Semi-Automatic, Automatic), Process (Cleaners, Coaters) and By Geography
According to Stratistics MRC, the Grain Processing Equipment Market is accounted for $4.71 billion in 2020 and is expected to reach $8.10 billion by 2028 growing at a CAGR of 7.0% during the forecast period. Growing demand for ready-to-eat processed food, increasing household income, and changing lifestyles are driving the market growth. However, high costs and lack of knowledge about grain processing machinery are hampering the growth of the market.
Grain processing is mainly a method in which cleaning of the grain is done, and then adjusted to the appropriate moisture content, and further, the sizing of the grains for the desired size is done mechanically. Grain processing equipment is divided into semiautomatic and automatic. Automatic machinery does not need human interfering, whereas semiautomatic machinery has functioned with the help of humans.
Based on the distribution channel, the online channel segment is going to have lucrative growth during the forecast period, due to the rise in internet penetration, changing lifestyle, growing use of smartphones, quick availability of a product, the online channel is one of the best platforms for all the consumer now everyone is busy in their own life, so they don’t have enough time to go shop and buy the product. So instead of that consumers can order products online, so people are also saving their own time.
By geography, North America is going to have high growth during the forecast period, due to factors such as technological advancements, government framework offering favorable policies, and infrastructural development offering strong distribution channels are the factors that boost the market growth in the province.
Some of the key players profiled 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 (India) Pvt. Ltd., Lianyungang Huantai Machinery Co., Ltd.
• Pre Processing
Mode of Operations Covered:
Distribution Channels Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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