Global Rice Milling Machinery Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. A rice mill is a food-processing facility where paddy is processed to rice to be sold in the market. The Rice Milling Machinery market is expanding because of factors such as increasing demand of rice and its cultivation and rising global population. Additionally, the market is dominated by various private market players, such as, Mill Master Machinery Private Ltd, Savco Sales Pvt Ltd, Satake Group, Hubei Bishan Machinery Co Ltd, AG Growth International Inc.
According to the Statista, the global rice consumption went to 502.4 million metric tons, in the year 2021 from 437.18 million metric tons, in the year 2009. Additionally, increased agriculture production and the consumption, has also propelled the growth of the Global Rice Consumption Market. for instance: according to Food and Agriculture Organization-FAO, the food production is expected to go to 2784.5 million tons, in the year 2022-2023 from 2712.8 million tons, in the year 2019-20. Further, with the growing global population, the demand for food production & consumption will also rise. Therefore, growth in the population will directly boost the market for Residential Hobs in the Market. For instance: according to United Nations.org the worldwide population is estimated to rise till 11 billion, by the year end 2100 from 9.5 billion, by the year end 2050. However, variations in prices and unstable weather conditions may halt market growth.
The key regions considered for the Global Rice Milling Machinery Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to growing production and consumption of rice. North America is expected to grow significantly during the forecast period, owing to advancing techniques in the agriculture sector.
Major market players included in this report are:
Buhler Group
Fowler Westrup
Mill Master Machinery Private Ltd
Savco Sales Pvt Ltd
Satake Group
Hubei Bishan Machinery Co Ltd
AG Growth International Inc
Yamanoto
Zhejiang QiLi Machinery Co Ltd
G S International
Recent Developments in the Market:
In March 2021, Buhler Group and the Canadian company Premier Tech went into partnership agreement. The main objective of this agreement was to introduce Chronos Oml-1060: fully automated packaging technology that is being used in rice, seeds, animal feed, and other plastic pellets. With this agreement the company will provide various innovative methods to its ultimate end-users.
In January 2022, Benlink, subsidiary of Buhler, went into partnership agreement with Alfa Level. The main objective of this agreement was to expand services in the food and energy services. With this agreement the company will reinforce its overall structure and enhance its geographical base in the forecast period.
Global Rice Milling Machinery Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Mechanism, Operations and Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Mechanism:
Fraction Rice Milling Machine
Grind Rice Milling Machine
By Operations:
Pre-cleaning Machinery
Separating Machinery
Grading Machinery
Rice Whitening Machinery
Other Operations
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World