Grain Processing Equipment Market Size, Share, Growth Analysis, By Technology(Automatic, semi-automatic), By Product type(Processing, pre-processing), By Region - Industry Forecast 2024-2031

Global Grain Processing Equipment Market size was valued at USD 4.19 billion in 2019 and is poised to grow from USD 4.51 billion in 2023 to USD 8.72 billion by 2031, growing at a CAGR of 7.6% in the forecast period (2024-2031).

Grain processing equipment performs a variety of operations during the processing, including scalping, debearding, cleaning and grading, and others. Grain processing equipment can change the size, shape, and quality of the product to increase farm output. Furthermore, grain processing equipment is classified by functional applications such as fruits and vegetables, oilseeds and pulses, and cereals. Due to the high interest of customer base towards health consciousness, demand for processed foods is grown at a rapid rate as these are nutritional. The provision of government incentives and investment schemes to increase agricultural production is expected to shift crop producers' focus away from manual agriculture and toward core technologies such as seed processing.

Furthermore, the growing urban agriculture sector will boost global demand for grain processing equipment. However, increasing on-farm irrigation projects on a global scale will continue to be the primary trend for the grain processing equipment market over the forecast period.

US Grain Processing Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.