Global Grain Processing Equipment Market 2021-2028
HYDERABAD, TELANGANA, INDIA, March 10, 2022 /EINPresswire.com/ — Grain Processing Equipment Market Forecast to 2028 – Global Analysis by Machine (Pre-processing, Processing), Mode of Operation (Semi-Automatic, Automatic ), processes (cleaners, coaters) and by geography
The global grain processing equipment market is worth USD 5.40 billion in 2021 and is expected to reach USD 8.10 billion by 2028, growing at a CAGR of 7.0% during the forecast period. Grain processing is mainly a method in which grain cleaning is done and then adjusted to the proper moisture content, and further, grain sizing for the desired size is done mechanically. Grain processing equipment is divided into semi-automatic and automatic. Automatic machines do not need human intervention, while semi-automatic machines worked with the help of man. The online segment is expected to be the largest during the forecast period, owing to increasing internet penetration, changing lifestyles, growing use of smartphones and availability fast of a product. North America is expected to hold the highest market share, owing to technological advancement, government framework offering favorable policies, and infrastructure development offering strong distribution channels. Asia-Pacific is expected to have the highest CAGR, due to increasing population, inclination of foreign companies interested in investing in the district, rising household incomes and changing food preferences.
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 Srl, PETKUS Technologie GmbH, Lewis M. Carter Manufacturing, LLC, Satake USA , Inc. ., Forsberg Agritech (India) Pvt. Ltd., and Lianyungang Huantai Machinery Co., Ltd.
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