Grain Processing Equipment Market

Global Grain Processing Equipment Market Size (2024 to 2029):

The Global Grain Processing Equipment Market size was worth US$ 6.84 billion in 2024, and it is anticipated to reach a valuation of US$ 8.76 billion in 2029, developing with an annual progression rate (CAGR) of 5.07% between 2024 and 2029.

The equipment used to process various grains is called grain processing equipment, which includes grinding, pressure and heat. The grains are processed to improve feed efficiency and thus increase the digestibility of the various nutrients in the grain. In addition, the beans are processed to improve palatability, handling properties, reduce the presence of toxic substances in the beans, and preserve them better. The refined grains are ground to kill germs and bran. Gives grain a fine texture and improves shelf life. The most widely used Grain processing equipment are crushers, rotary airlocks and hammer mills. This equipment is used to process grains like corn, wheat, oats, barley, fiber, fertilizers, sugar cane, corn, etc. The availability of different types of grain processing equipment in the market allows farmers to produce quality grain and sell it at competitive prices. All these grain processing equipment are reliable, durable, and will last for many years. Cereals are an important food source throughout the world. The Grain processing equipment must go through processes such as classification, cleaning, shelling, etc. before reaching the consumer.

The availability of different types of machines with numerous functions in profit processing has expanded the reach in the global grain processing equipment market.

Global Grain Processing Equipment Market Drivers:

A major factor driving the growth of grain processing equipment globally is the increasing demand for ready-to-eat processed foods in the food and beverage industry. Increasing globalization and changing lifestyles contribute to the Grain processing equipment market growth. Increasing people's household income will also accelerate the growth of the Grain processing equipment market. The growing demand for leisure time food will drive the growth of the market. Population growth, rising demand for food, and increasing need for processed grains from food processors and food manufacturers are also driving the market for grain processing equipment. Increased domestic food and beverage consumption in light of retail network expansion and new product launches will drive market growth over the forecast period. Unwanted particles like wood, stone, thread, bag material, straw, etc., are also removed with the grain when harvested. These unnecessary particles must be separated before processing. Grain is generally processed by a number of processing and pretreatment equipment including gravity separators, dunkers, grain sorting machines, grain dryers, grain separators, vibrating dystones, grain ejectors, corn crushers, and grainless cleaners. The positive outlook for the food and beverage industry in the Middle East and Asia Pacific region is supposed to drive demand for grain processing equipment in the global grain processing equipment market. Increasing food and beverage consumption driven by retail network expansion, population growth, and new product launches are foreseen to further drive market growth over the outlook period.

Also, the growing demand for leisure food in India, Malaysia, Indonesia, China, Japan and many other countries is estimated to accelerate the growth of the food and beverage industry and the growth of the global market for grain processing equipment during the foreseen period. Furthermore, lifestyle changes and changes in health food awareness are supposed to drive the growth of the global market for grain processing equipment. Additionally, increased technological advancements in the food and beverage industry are anticipated to drive the growth in the global market for grain processing equipment.

Global Grain Processing Equipment Market Restraints:

Farmers' lack of knowledge about grain processing machinery is one of the biggest challenges in the global grain processing equipment market. Farmers are adopting old and inefficient technologies for agricultural production and new technologies are still limited. This has the potential to limit the global market for grain processing equipment for years to come. The high cost of processed grains will slow the growth of the market. Natural climate change, including floods, can act as a major factor limiting the growth of the grain processing equipment business. The adoption of old and inefficient technologies and the use of new technologies in agricultural production are still limited, which in turn hinders the growth of the market. Furthermore, in countries like India, China and Indonesia, agriculture is a labor-intensive industry. This is foreseen to hamper the market for grain processing equipment. Also, regional gaps such as rain or sudden climate change in hot regions can slow down this market growth.

REPORT COVERAGE: 

This research report on the Grain Processing Equipment Market has been segmented and sub-segmented based on operation, machine, and region. 

Global Grain Processing Equipment Market – By Operation:

• Semi-Automatic
• Automatic

The global grain processing equipment market was divided into semi-automatic and automatic according to the mode of operation. Semi-automatic grain processing equipment was the dominant market segment in 2020. The semi-automatic segment accounted for 51.3% of sales in 2020. Manufacturers tend to opt for semi-automatic equipment due to ease of labor and low cost of equipment and low operating or capital investment budget. The automatic segment is believed to progress from 2022 - 2027 with the fastest CAGR of 4.6%. In line with the latest industry trends, automatic grain processing equipment is expected to show significant growth during the forecast period. The need to provide high quality, standard and accurate products and gain a competitive advantage in the market is predicted to drive demand for products during the forecast period.

Global Grain Processing Equipment Market – By Machine:

• Pre-Processing
• Processing

By machine type the grain processing equipment market is segmented as preprocessing and processing. The pretreatment segment dominated the market, accounting for 52.3% of the total market share in terms of revenue in 2020,  and is likely to show significant growth over the forecast period. Growing farmer awareness of grain processing machinery is projected to boost the industry during the envisioned period. The machining equipment type segment is calculated to progress from 2022 - 2027 at a CAGR of 4.6%. Developing countries like India and China, along with other developed countries like Germany and the United States, have invested heavily in industrial automation. The growing demand for processed foods is increasing the demand for processing machinery, which is estimated to drive the industry during the conjecture period.

Global Grain Processing Equipment Market – By Region:

• North America
• Europe
• The Asia Pacific
• Latin America 
• The Middle East and Africa

Asia Pacific was the dominant regional segment accounting for more than 39.6% of the sales share in 2020. It is also estimated to grow at an average annual rate of 7.1% during the forecast period due to high demand for innovation of products and various machining processes. Several technological advancements in developing countries offer important growth prospects for manufacturers in the industry. The expansion of the food and beverage sector in the Asia Pacific region to accommodate the rapidly growing population is expected to drive the consumption of products in the food and beverage industry. North America is one of the mature regional markets for grain processing equipment around the world. Factors such as high consumption power, rapid urbanization, industrialization, increasing household income, and changing consumer food preferences are supposed to strengthen the Grain processing equipment market. Factors such as advanced North America, technological advancements, government frameworks to provide supportive policies, and infrastructure developments to provide strong distribution channels are factors that further promote the growth of the region's grain processing equipment industry. Europe is a prominent regional player in the food and beverage industry that contributes significantly to the national economy, and countries such as Italy, Germany and the United Kingdom play an important role in shaping the economy. The supply and demand of food and processed foods in this sector, together with a strong and decentralized network, allows companies to take advantage of growth opportunities. Additionally, health awareness, dietary changes, and consumer preferences for food and beverages have influenced the market demand for grain processing equipment.

KEY MARKET PLAYERS:

Key Market Players in the Global Grain Processing Equipment Market are KWS SAAT SE, Monsanto Company, Satake USA, Inc, Corbion NV, PETKUS Technologie GmbH, Golfetto Sangati Spa, Westrup A/S, Lewis M. Carter Mfg. Limited, Blanch Development Co. Limited.

RECENT HAPPENINGS IN THE MARKET:

In March 2019, AGI announced the acquisition of Milltec Machinery Ltd to enable expansion in the rice equipment market. This acquisition will help the company expand its current portfolio and consolidate its AGI position in the market.