Market Overview

Global Rice Milling Machinery Market 2018-2022 | Expansion of Rice Processing Plants to Boost Demand | Technavio

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Technavio
analysts forecast the global rice milling machinery market to have an
incremental growth of USD 201.81 million during the forecast period,
according to their latest market research report. The growth momentum of
the market is expected to accelerate in the year-over-year growth.

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Technavio forecasts the global rice milling machinery market to have an incremental growth of USD 20 ...

Technavio forecasts the global rice milling machinery market to have an incremental growth of USD 201.81 million by 2022. (Graphic: Business Wire)

The growing need for automation in rice processing machines is one of
the major trends being witnessed in the global
rice milling machinery market 2018-2022
. Rice is one of the main
crops and a staple food in many countries. Thus, with the increase in
population, its production also needs to rise. This factor has
encouraged many rice processing plants to automate the milling
operations. Automation in rice processing machine provides many benefits
such as higher yield and overall improvement in the efficiency of
operations.

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only:
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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global rice milling machinery market is the expansion
of rice processing plants:

Global rice milling machinery market: Expansion
of rice processing plants

The demand for rice is increasing with the rise in 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 an expansion of
various rice processing companies is likely to benefit the people of
many countries whose main and staple food is rice.

According to a senior analyst at Technavio, "In June 2017, India
based LT foods opened its new rice processing plant at Rotterdam, the
Netherlands, with the aim to increase rice production. Similarly, in
August 2017, WACOT rice opened a new rice milling facility at Kebbi
state, Nigeria, to increase its rice milling capacity up to 500,000
metric tons per annum. Such plans by various rice processing companies
are likely to increase the demand for rice milling machinery during the
forecast period."

Global rice milling machinery market:
Segmentation analysis

The global rice milling machinery market research report provides market
segmentation by product (horizontal roller rice milling machinery and
vertical roller rice milling machinery) and by region (the Americas,
EMEA, and APAC). It provides an in-depth analysis of the prominent
factors influencing the market, including drivers, opportunities,
trends, and industry-specific challenges.

APAC held the largest share of the market in 2017, accounting for more
than 74% share. It was followed by the Americas and EMEA respectively.
The dominance of APAC can be attributed to the expansion of rice
processing plants and a rising focus on increasing shelf life of rice.

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Some of the key topics covered in the report include:

Market Landscape

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  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
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