India Rice Milling Market, By Equipment (Rice Whitening Machinery, Pre-Cleaner Machinery, Paddy Separator Machinery, Length Grader Machinery, Others), By Capacity (1 to 10 tons, 10 to 20 tons, More than 20 tons), Estimation & Forecast, 2017 – 2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider India Rice Milling market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, India Rice Milling market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Key Segments Studied in the India Rice Milling Market
The India Rice Milling market held a market value of USD 62.8 Million in 2020 and is estimated to reach USD 77.7 Million by the year 2027. The market is expected to register a growth rate of 3.1% over the projected period.
Rice milling is a post-production process of rice, which involves rubbing of rice surface against another rice surface, where mystified air acts as lubricant between the 2 surfaces. The market is witnessing significant growth owing to the factors such as increasing investment in technology upgradation and modernization of rice mills in India. Furthermore, government supportive policies and schemes, is also expected to boost the market growth. The market is expected to be negatively influenced by huge initial investment.
Supportive government policies and schemes
In 2020, Government of India extended price support to paddy through State Procuring Agencies and the Food Corporation of India (FCI). The rice producers have an alternative to sell their produce to State Agencies/FCI at the minimum support price or in the open market as it is beneficial to them. Food-grains, including rice procured by the State Agencies are ultimately taken over by the FCI for distribution under the Targeted Public Distribution System (TPDS) and other such welfare schemes in the country.
The India Rice Milling market is segmented into equipment and capacity.
The rice whitening machinery segment is anticipated to hold the largest market share in 2020 owing to its high adoption in every rice milling process for removal of bran from the rice crop. The length grader machinery segment is expected to witness the fastest growth rate of around 4.1% owing to technological advancements for separating broken rice from long and full rice.
The 1 to 10 tons segment is estimated to hold the largest market share owing to high demand for rice milling machines having 1 to 10 tons of capacity. The 10 to 20 tons and more than 20 tons capacity milling machine segment are also anticipated to witness significant growth during the projected period.
Major players operating in the India Rice Milling market include Bühler India, G.G., Dandekar Machine Works Ltd., Satake Corporation, Savco Sales Pvt Ltd., G.S International, Fowler Westrup, Mill Master Machinery Pvt Ltd., Perfect Equipment, Patkar Engineers, and Other Prominent Players.
Major 5 players in the market hold approximately 52% of the market share. These market players are investing in product launches, collaborations, mergers & acquisitions, and expansions to create a competitive edge in the market. For instance, in January 2021, Buhler acquired Design Corrugating Companies and expanded its service center locations. Design Corrugating Companies is a company dealing in roller mill and other equipment service company in the United States. Furthermore, in September 2019, Satake Corporation launched the SYSTEM 3.0 in Asian and African region. The product is a semi-assembled rice milling plant which incorporates receiving, pre-cleaning, husking, milling, optical sorting, and packing stage equipment. This enhanced the position of Satake’s overseas product brand named REACH.
The India Rice Milling market report provides insights on the below pointers:
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Under COVID-19 Outbreak Impact Analysis: We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries. The impact of COVID-19 on the future development of the industry is pointed out.
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Key Points Covered in India Rice Milling Market Report:
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