Grain Processing Equipment Market Size Is Expected To Reach USD 5.9 Billion By 2025 : Grand View Research Inc.
San Francisco, 4 November 2019: The Report Grain Processing Equipment Market Size, Share & Trends Analysis Report By Operation (Semi-Automatic, Automatic), By Machine, By Region, And Segment Forecasts, 2019 – 2025
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.
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.
Access Research Report of Grain Processing Equipment Market @ https://www.grandviewresearch.com/industry-analysis/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.
Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/food-safety-and-processing
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
- Europe
- Asia Pacific
- Central & South America
- Middle East and Africa
Access Press Release of Grain Processing Equipment Market @ https://www.grandviewresearch.com/press-release/global-grain-processing-equipment-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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