Grain Processing Equipment Market
Grain Processing Equipment Market Size, Share & Trends Analysis Report by Mode of Operation (Semi-Automatic, and Automatic), by Machine (Pre Processing, and Processing) by Application (Milling, Cleaning and Sorting, Drying, Storage and Handling, Packaging, and Others), and by Distribution Channel (Online, and Offline) Forecast Period (2024-2031)
Grain processing equipment market is anticipated to grow at a CAGR of 7.6% during the forecast period (2024-2031). The grain processing equipment market is influenced by various factors, including the increasing demand for processed and packaged food, advancements in technology, and growth in the food and beverage industry. The global population rise and urbanization have resulted in a rise in the need for efficient grain processing equipment to meet the demand for processed and packaged food. Technological advancements, such as automation, IoT integration, and AI, have contributed to enhanced efficiency and productivity. Government regulations and policies are also playing an important role in encouraging equipment upgrades and new purchases.
Market Dynamics
Increased Population and Urbanisation
Global population growth and urbanization are driving increased demand for staple foods such as grains, as urban populations consume processed and packaged foods, necessitating efficient grain processing. According to the United Nations estimates, in November 2022, the globe's population exceeded 8.0 billion marks. The global population has increased by one-third, approximately 2.1 billion individuals, in the last 25 years. It is predicted that by 2050, there are projected to be nearly 10.0 billion individuals on the globe. Most of the expansion is anticipated in emerging countries, especially in Asia and Oceania, in addition to in Africa. Within these regions, a few larger countries are predicted to accommodate the majority of the estimated rises.
Market Segmentation
- Based on the mode of operation, the market is segmented into semi-automatic, and automatic.
- Based on machines, the market is segmented into preprocessing and processing.
- Based on application, the market is segmented into milling, cleaning and sorting, drying, storage and handling, packaging, and others (solar dryers).
- Based on distribution channel, the market is segmented into online, and offline.
Milling is Projected to Emerge as the Largest Segment
The primary factor supporting the segment's growth includes technological advancements in grain processing, including redesigned machines like destoners and intensive wheat scourers, which are improving efficiency, product quality, and precision in cleaning and sorting processes. For instance, in December 2021, Henry Simon introduced the first phase of new grain cleaning machines for the milling industry, redesigned to meet the latest industrial standards. The new destoner and intensive wheat scourer have undergone a facelifting process, with structural improvements, and the industrial design process is ongoing with other grain cleaning and milling machines.
Regional Outlook
The grain processing equipment market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Focus on Food Safety and Quality In North America Region
The regional governments are enhancing food safety and quality by utilizing advanced grain processing equipment for high hygiene standards and contamination-free processing, catering to both home and away-from-home market demands. According to the US Department of Agriculture (USDA), in March 2022, it estimated US food expenditures at $1.8 trillion, with $808.0 billion for home consumption and $978.2 billion for food away from home. Restaurants account for three-quarters of food-away-from-home sales, with six in ten adults ordering takeout or delivery.
Grain Processing Equipment Market Growth by Region 2024-2031
Asia-Pacific Holds Major Market Share
The regional governments and private entities are investing heavily in agricultural infrastructure to improve grain processing productivity and efficiency, including subsidies for modern equipment, operator training programs, and supportive storage and transportation facilities. According to the India Brand Equity Foundation (IBEF), in May 2023, the government set a target for foodgrain production of 332 million tonnes (MT) for the upcoming year, representing a 2.6% increase from the previous year. The goal includes specific production targets for pulses (29.25 MT), oilseeds (44 MT), and millets (17 MT). Strategies are being developed to mitigate the potential impact of El Nino, including increasing the area through intercropping, crop diversification, and adopting agronomic practices in low-yielding zones. Additionally, the ministry plans to improve productivity by introducing high-yielding varieties.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the grain processing equipment market include AGCO Corp., Ag Growth International Inc., Bühler AG, PETKUS Technologie GmbH, and Westrup ApS among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market. for instance, in September 2023, BoMill partnered with Nexeed Inc. to distribute its innovative BoMill InSight grain sorting solution for the Canadian market. The innovative equipment can segregate kernels at an industrial pace, reaching up to 15 metric tons per hour or 125,000 kernels per second. This innovative solution targets industrial grain companies with sustainability objectives, enhancing product quality and grain supply.
The Report Covers-
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global grain processing equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. AGCO Corp.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Ag Growth International Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Bühler AG
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Grain Processing Equipment Market by Mode of Operation
4.1.1. Semi-Automatic
4.1.2. Automatic
4.2. Global Grain Processing Equipment Market by Machine
4.2.1. Pre Processing
4.2.2. Processing
4.3. Global Grain Processing Equipment Market by Application
4.3.1. Milling
4.3.2. Cleaning and Sorting
4.3.3. Drying
4.3.4. Storage and Handling
4.3.5. Packaging
4.3.6. Others(Dryers)
4.4. Global Grain Processing Equipment Market by Distribution Channel
4.4.1. Online
4.4.2. Offline
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East and Africa
6. Company Profiles
6.1. Alvan Blanch Development Company Ltd.
6.2. Behlen Mfg. Co.
6.3. Bratney Co.
6.4. Delux Manufacturing Co.
6.5. Flaman Group of Co.
6.6. Forsberg Agritech Pvt. Ltd.
6.7. GOLFETTO SANGATI INDUSTRIES SRL
6.8. Kemet International Ltd.
6.9. Kongskilde Industries A/S
6.10. Lewis M. Carter Mfg.
6.11. Lianyungang Huantai Machinery Co., Ltd.
6.12. Norwood Sales, Inc.
6.13. Osaw Agro Industries Pvt Ltd.
6.14. PETKUS Technologie GmbH
6.15. Satake
6.16. SCAFCO Grain Systems Co.
6.17. Seedburo Equipment Co. LLC
6.18. Westrup ApS
1. Global Grain Processing Equipment Market Research And Analysis By Mode Of Operation, 2023-2031 ($ Million)
2. Global Grain Processing Semi-Automatic Equipment Market Research And Analysis By Region, 2023-2031 ($ Million)
3. Global Grain Processing Automatic Equipment Market Research And Analysis By Region, 2023-2031 ($ Million)
4. Global Grain Processing Equipment Market Research And Analysis By Machine 2023-2031 ($ Million)
5. Global Grain Processing Equipment For Pre Processing Market Research And Analysis By Region, 2023-2031 ($ Million)
6. Global Grain Processing Equipment For Processing Market Research And Analysis By Region, 2023-2031 ($ Million)
7. Global Grain Processing Equipment Market Research And Analysis By Application, 2023-2031 ($ Million)
8. Global Grain Processing Equipment For Milling Market Research And Analysis By Region, 2023-2031 ($ Million)
9. Global Grain Processing Equipment For Cleaning And Sorting Market Research And Analysis By Region, 2023-2031 ($ Million)
10. Global Grain Processing Equipment For Drying Market Research And Analysis By Region, 2023-2031 ($ Million)
11. Global Grain Processing Equipment For Storage And Handling Market Research And Analysis By Region, 2023-2031 ($ Million)
12. Global Grain Processing Equipment For Packaging Market Research And Analysis By Region, 2023-2031 ($ Million)
13. Global Grain Processing Equipment For Other Application Market Research And Analysis By Region, 2023-2031 ($ Million)
14. Global Grain Processing Equipment Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
15. Global Grain Processing Equipment For Online Market Research And Analysis By Region, 2023-2031 ($ Million)
16. Global Grain Processing Equipment For Offline Market Research And Analysis By Region, 2023-2031 ($ Million)
17. Global Grain Processing Equipment Market Research And Analysis By Region, 2023-2031 ($ Million)
18. North American Grain Processing Equipment Market Research And Analysis By Country, 2023-2031 ($ Million)
19. North American Grain Processing Equipment Market Research And Analysis By Mode Of Operation, 2023-2031 ($ Million)
20. North American Grain Processing Equipment Market Research And Analysis By Machine, 2023-2031 ($ Million)
21. North American Grain Processing Equipment Market Research And Analysis By Application, 2023-2031 ($ Million)
22. North American Grain Processing Equipment Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
23. European Grain Processing Equipment Market Research And Analysis By Country, 2023-2031 ($ Million)
24. European Grain Processing Equipment Market Research And Analysis By Mode Of Operation, 2023-2031 ($ Million)
25. European Grain Processing Equipment Market Research And Analysis By Machine, 2023-2031 ($ Million)
26. European Grain Processing Equipment Market Research And Analysis By Application, 2023-2031 ($ Million)
27. European Grain Processing Equipment Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
28. Asia-Pacific Grain Processing Equipment Market Research And Analysis By Country, 2023-2031 ($ Million)
29. Asia-Pacific Grain Processing Equipment Market Research And Analysis By Mode Of Operation, 2023-2031 ($ Million)
30. Asia-Pacific Grain Processing Equipment Market Research And Analysis By Machine, 2023-2031 ($ Million)
31. Asia-Pacific Grain Processing Equipment Market Research And Analysis By Application, 2023-2031 ($ Million)
32. Asia-Pacific Grain Processing Equipment Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
33. Rest Of The World Grain Processing Equipment Market Research And Analysis By Region, 2023-2031 ($ Million)
34. Rest Of The World Grain Processing Equipment Market Research And Analysis By Mode Of Operation, 2023-2031 ($ Million)
35. Rest Of The World Grain Processing Equipment Market Research And Analysis By Machine, 2023-2031 ($ Million)
36. Rest Of The World Grain Processing Equipment Market Research And Analysis By Application, 2023-2031 ($ Million)
37. Rest Of The World Grain Processing Equipment Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
1. Global Grain Processing Equipment Market Share By Mode Of Operation, 2023 Vs 2031 (%)
2. Global Grain Processing Semi-Automatic Equipment Market Share By Region, 2023 Vs 2031 (%)
3. Global Grain Processing Automatic Equipment Market Share By Region, 2023 Vs 2031 (%)
4. Global Grain Processing Equipment Market Share By Machine, 2023 Vs 2031 (%)
5. Global Grain Processing Equipment For Pre Processing Market Share By Region, 2023 Vs 2031 (%)
6. Global Grain Processing Equipment For Processing Market Share By Region, 2023 Vs 2031 (%)
7. Global Grain Processing Equipment Market Share By Application, 2023 Vs 2031 (%)
8. Global Grain Processing Equipment For Milling Market Share By Region, 2023 Vs 2031 (%)
9. Global Grain Processing Equipment For Cleaning And Sorting Market Share By Region, 2023 Vs 2031 (%)
10. Global Grain Processing Equipment For Drying Market Share By Region, 2023 Vs 2031 (%)
11. Global Grain Processing Equipment For Storage And Handling Market Share By Region, 2023 Vs 2031 (%)
12. Global Grain Processing Equipment For Packaging Market Share By Region, 2023 Vs 2031 (%)
13. Global Grain Processing Equipment For Other Applications Market Share By Region, 2023 Vs 2031 (%)
14. Global Grain Processing Equipment Market Share By Distribution Channel, 2023 Vs 2031 (%)
15. Global Grain Processing Equipment For Online Market Share By Region, 2023 Vs 2031 (%)
16. Global Grain Processing Equipment For Offline Market Share By Region, 2023 Vs 2031 (%)
17. Global Grain Processing Equipment Market Share By Region, 2023 Vs 2031 (%)
18. US Grain Processing Equipment Market Size, 2023-2031 ($ Million)
19. Canada Grain Processing Equipment Market Size, 2023-2031 ($ Million)
20. UK Grain Processing Equipment Market Size, 2023-2031 ($ Million)
21. France Grain Processing Equipment Market Size, 2023-2031 ($ Million)
22. Germany Grain Processing Equipment Market Size, 2023-2031 ($ Million)
23. Italy Grain Processing Equipment Market Size, 2023-2031 ($ Million)
24. Spain Grain Processing Equipment Market Size, 2023-2031 ($ Million)
25. Rest Of Europe Grain Processing Equipment Market Size, 2023-2031 ($ Million)
26. India Grain Processing Equipment Market Size, 2023-2031 ($ Million)
27. China Grain Processing Equipment Market Size, 2023-2031 ($ Million)
28. Japan Grain Processing Equipment Market Size, 2023-2031 ($ Million)
29. South Korea Grain Processing Equipment Market Size, 2023-2031 ($ Million)
30. Rest Of Asia-Pacific Grain Processing Equipment Market Size, 2023-2031 ($ Million)
31. Latin America Grain Processing Equipment Market Size, 2023-2031 ($ Million)
32. Middle East And Africa Grain Processing Equipment Market Size, 2023-2031 ($ Million)
