The Business Research Company’s Grain Processing Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Grain Processing Equipment Global Market Report 2023 evaluates grain processing equipment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global grain processing equipment market has displayed remarkable growth, escalating from $4.51 billion in 2022 to $4.85 billion in 2023, showcasing a substantial compound annual growth rate (CAGR) of 7.6%. However, the tumultuous backdrop of the Russia-Ukraine conflict has cast a shadow over the prospects of a swift global economic recovery from the COVID-19 pandemic, at least in the short term. This ongoing hostilities have triggered the imposition of economic sanctions on multiple nations, precipitating a notable surge in commodity prices and causing significant disruptions within global supply chains. These cascading effects have given rise to inflationary pressures permeating various sectors, profoundly influencing markets worldwide.
Nevertheless, despite these challenging circumstances, the grain processing equipment market remains poised for ongoing expansion. Forecasts indicate a market size of $6 billion by 2027, underpinned by a steady CAGR of 5.5%. This trajectory underscores the industry’s resilience and adaptability, reflecting its unwavering commitment to growth and innovation. In essence, while geopolitical complexities pose hurdles, the grain processing equipment sector continues its unwavering march towards sustainable growth, ready to overcome obstacles and seize opportunities.
The grain processing equipment market segments in the report are:
1) By Technology: Automatic, Semi-Automatic
2) By Machine: Preprocessing, Processing
3) By Application: Cleaning, Grading, Handling, Coaters, Dryers
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The table of contents in TBRC’s grain processing equipment market report includes:
- Executive Summary
- Grain Processing Equipment Market Characteristics
- Grain Processing Equipment Market Trends And Strategies
- Grain Processing Equipment Market – Macro Economic Scenario
- Grain Processing Equipment Market Size And Growth
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- Africa Grain Processing Equipment Market
- Grain Processing Equipment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Grain Processing Equipment Market
- Grain Processing Equipment Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- Alvan Blanch Development Company Limited
- Osaw Agro Industries Private Limited
- WESTRUP A/S
- Golfetto Sangati S.r.l
- PETKUS Technologie GmbH
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