LONDON--(BUSINESS WIRE)--The global rice milling machinery market size is expected to grow by USD 119.84 million during 2020-2024, progressing at a CAGR of 2% during the forecast period. Download Free Sample Report
The expansion of rice processing plants and the growing adoption of automation to leverage profitability are the major factors propelling market growth. However, factors such as nutrient deficiency in milled rice in comparison to other rice types may hamper market growth.
The demand for rice is increasing with the rise in the population of many countries. This has encouraged many rice processing companies to expand production by opening new rice processing plants, which in turn, is increasing the demand for rice milling machinery. Such expansion of various rice processing companies is likely to benefit the people of many countries whose main staple food is rice.
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Global Rice Milling Machinery Market: Product Landscape
Based on product segmentation, the horizontal roller rice milling machinery segment is expected to witness lucrative growth during the forecast period. Horizontal roller rice milling machinery is mainly used in batch operations. These machines offer economical operations in the recirculation mode and uniform milling along the entire length of the equipment surface.
Global Rice Milling Machinery Market: Geographic Landscape
By geographical segmentation, the Asia Pacific region is expected to see significant growth which will offer several opportunities to market vendors. The growth of the rice milling machinery market in APAC can be attributed to factors such as the high dependency on rice in terms of food consumption, expansion of rice processing plants, and the growing adoption of automation to leverage profitability.
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Companies Covered
- Ag Growth International Inc.
- Alvan Blanch Development Co.
- Anzai Manufacturing Co. Ltd.
- Flour Tech Engineers (p) Ltd.
- GG Dandekar Machine Works Ltd.
- Hubei Yongxiang Grain Machinery Co. Ltd.
- Mill Master Machinery Pvt. Ltd.
- Mitsubishi Corp.
- Satake Corp.
- Savco Sales Pvt. Ltd.
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- Market share assessments for the regional and country-level segments
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- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Rice Milling Machinery Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist rice milling machinery market growth during the next five years
- Estimation of the rice milling machinery market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the rice milling machinery market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of rice milling machinery market, vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Horizontal roller rice milling machinery - Market size and forecast 2019-2024
- Vertical roller rice milling machinery - Market size and forecast 2019-2024
- Market opportunity by Product
Customer Landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers – Demand led growth
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Ag Growth International Inc.
- Alvan Blanch Development Co.
- Anzai Manufacturing Co. Ltd.
- Flour Tech Engineers (p) Ltd.
- GG Dandekar Machine Works Ltd.
- Hubei Yongxiang Grain Machinery Co. Ltd.
- Mill Master Machinery Pvt. Ltd.
- Mitsubishi Corp.
- Satake Corp.
- Savco Sales Pvt. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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