What is the global market size of Grain Processing Equipment Market?

Global Grain Processing Equipment Market size was valued at USD 4.19 billion in 2021 and is poised to grow from USD 4.51 billion in 2022 to USD 8.72 billion by 2030, growing at a CAGR of 7.6% in the forecast period (2023-2030).

Who are the key vendors in the Global Grain Processing Equipment Market?

Global and regional players in the design, manufacture, and distribution of grain processing equipment make up the global grain processing equipment market. 'Bühler AG', 'Alvan Blanch Development Company Limited', 'Cimbria A/S (a subsidiary of AGCO Corporation)', 'SATAKE Group', 'PETKUS Technologie GmbH', 'Forsberg's, Inc.', 'Lewis M. Carter Manufacturing, LLC', 'AGI (Ag Growth International) Limited', 'Milltec Machinery Private Limited (a subsidiary of AGI (Ag Growth International) Limited)', 'Ocrim S.p.A.', 'Bratney Companies', 'Golfetto Sangati S.r.l.', 'F.H. SCHULE Mühlenbau GmbH', 'Synmec International Trading Ltd.', 'Zaccaria S.p.A.', 'GSI (Grain Systems, Inc.) (a subsidiary of AGCO Corporation)', 'Zhengzhou VOS Machinery Equipment Co., Ltd.', 'Westrup A/S', 'BANSAL Group', 'Lushan Win Tone Machinery Manufacture Co., Ltd.'.

Grain Processing Equipment Market Size

Grain Processing Equipment Market Insights

Global Grain Processing Equipment Market size was valued at USD 4.5 billion in 2023 and is poised to grow from USD 4.84 billion in 2024 to USD 8.7 billion by 2032, growing at a CAGR of 7.6% during the forecast period (2025-2032).

Grain processing equipment performs a variety of operations during the processing, including scalping, debearding, cleaning and grading, and others. Grain processing equipment can change the size, shape, and quality of the product to increase farm output. Furthermore, grain processing equipment is classified by functional applications such as fruits and vegetables, oilseeds and pulses, and cereals. Due to the high interest of customer base towards health consciousness, demand for processed foods is grown at a rapid rate as these are nutritional. The provision of government incentives and investment schemes to increase agricultural production is expected to shift crop producers' focus away from manual agriculture and toward core technologies such as seed processing.

Furthermore, the growing urban agriculture sector will boost global demand for grain processing equipment. However, increasing on-farm irrigation projects on a global scale will continue to be the primary trend for the grain processing equipment market over the forecast period.

US Grain Processing Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.

FAQs

Global and regional players in the design, manufacture, and distribution of grain processing equipment make up the global grain processing equipment market. 'Buhler Group (Switzerland) ', 'GEA Group AG (Germany) ', 'The Middleby Corporation (USA) ', 'Tetra Laval International S.A. (Switzerland) ', 'JBT Corporation (USA) ', 'SPX FLOW, Inc. (USA) ', 'Alvan Blanch Development Company Limited (UK) ', 'Satake Corporation (Japan) ', 'PETKUS Technologie GmbH (Germany) ', 'Westrup A/S (Denmark) ', 'Golfetto Sangati S.r.l. (Italy) ', 'Lewis M. Carter Manufacturing, LLC (USA) ', 'Walinga Inc. (Canada) ', 'Akyurek Technology (Turkey) ', 'Bratney Companies (USA) ', 'Crippen Northland Superior Supply Co. Inc. (USA) ', 'Osaw Agro Industries Private Limited (India) ', 'Lianyungang Huantai Machinery Co., Ltd. (China) ', 'Forsberg Agritech Pvt. Ltd. (India) ', 'Flaman Group of Companies (Canada) '

Customers' emerging health concerns and dietary plans in both developing and developed regions are expected to drive market growth in the coming years. Governments and various food associations are encouraging food processing machine manufacturers to invest in R&D, thereby increasing the revenue of the food processing technology and equipment market. For example, a food standards agency based in the United States provides several training sessions to food processing equipment manufacturers in order to maintain food hygiene and thus improve the dietary benefits of the food product. Food standards aim to compel value chain participants to adhere to stringent government regulations in order to ensure the safety of ready-to-eat meals. As a result, demand for safe and sanitary processed foods is expected to rise in developing countries.

Application of near-infrared (NIR) spectroscopy is among the growing trend in the global grain processing equipment market. NIR spectroscopy has huge potential for agricultural growth such as grain production, as it is used for measuring the protein levels and the equivalent nitrogen values in grains, and can also be used to manage plant health, detect diseases and monitor grain development. In April 2021, BoMill AB, a Sweden-based machinery company installed its NIR-T technology grain sorter IQ in JSC Metelitca's pre-cleaning grain processing plant.

In 2021, Asia Pacific was the dominant region, accounting for more than 39.6% of total revenue. Because of the high demand for product innovation and the wide variety of processed and packaged food products, the regional market is expected to grow at a CAGR of 7.1% over the forecast period. Various technological advancements in developing regions provide significant growth opportunities for industry manufacturers. The expansion of the Asia Pacific food and beverage sector to accommodate the rapidly growing population is expected to drive product consumption in the food and beverage industry.