Grain Processing Equipment Market Increasing in Development of Automatic and Semi-Automatic Equipment

According to Precision Business Insights (PBI), the latest report, the market value of the grain processing equipment market size was valued at USD 6.2 billion in 2023 and is projected to reach USD 18.5 billion by 2029, growing at a 5.2% CAGR from 2024 to 2030. The primary factors that drive the market are the adoption of technology in the agriculture sector with automatic and semi-automatic machinery, rising quality production of grains which is further consumed in the food and beverages industry, and increasing demand for food and grain processing equipment in the market.

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THE GRAIN PROCESSING EQUIPMENT MARKET DETAILED SEGMENTATION:
Based on the process, the market is segmented into the following
• Cleaners
• Dryers
• Coaters
• Graders
• Separators
• Polishers
• Others

Based on the operation, the market is segmented into the following
• Semi- Automatic
• Automatic

Based on the equipment, the market is segmented into the following
• Fine Grinders
• Hammer Mills
• Air Classifying Mills
• Rotary Airlocks
• Others

Based on the distribution channel, the market is segmented into the following
• Specialty Store
• Online Store

Automatic Crushers to Dominate the Grain Processing Equipment Market:
Based on operations type, Automatic crushers hold the highest market share. The major factor for the rise of this segment is that the use of automatic machines saves time and provides high-quality products, extensive benefits to the food and beverages the time efficient and high-quality product delivery of machine removing all unnecessary substances from the grain, increases domestic food consumption and new product launches in the market is the automatic sector drives the growth of the market.

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Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Asia Pacific Grain Processing Equipment Market:
Asia Pacific region is expected to grow significantly in the global Grain Processing Equipment Market size over the forecast period. The growing demand for processing food and agriculture technology in India, China, Malaysia, and Indonesia is anticipated to dominate the global market. Asia Pacific holds the largest market share in 2022 and is expected to continue dominance in the forecast years owing to innovative technological advancement in agriculture also the presence of global key players in the region.

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STRATEGIC NEW PRODUCT LAUNCHES, MERGERS, ACQUISITIONS, AND AGREEMENTS ARE THE KEY STRATEGIES ADOPTED BY MARKET PLAYERS:
The global Grain Processing Equipment Market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share.

• In March 2023, Mathews Company (M-C) launched a new grain handling product line that initially included bucket elevators and distributors. Additional product launches are planned for 2024 and beyond.
• In June 2022, Grace Food Processing & Packaging Machinery to launch the 'Hot air GRACE pellet snack expander' in the latest design, quality manufacturing, and rapid Installation for snack food production lines, food extrusion machines, fryer systems, packaging machines, conveyor systems, dryers, flavoring equipment, and distribution systems.

Key players' profiles in the grain processing equipment market report are Agro Asian Industries., Sigur Group., Carl Zeiss AG, Lewis M. Carter Manufacturing, LLC, Shri Vishvakarma (Emery Stones) Industries Pvt. Ltd., Forsberg Agritech (India) Pvt. Ltd., Satake USA., PETKUS Technologie GmbH, Osaw Agro Industries Private Limited., Alvan Blanch Development Company Limited, Ang Enterprise., AGCO Grain and Protein,, Avity Agrotech Private Limited., Buschhoff, Millgrain Machinery industries, Ricetec Machinery Private Limited, and Roshan Agro Industries

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