Global Seed Processing Machinery - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
The Global Seed Processing Machinery Market size is estimated at USD 3.54 billion in 2024, and is expected to reach USD 5.41 billion by 2029, growing at a CAGR of 8.90% during the forecast period (2024-2029).
The marketis segmented by type into Pre-Cleaners, Cleaners, Dryers, Graders, Coaters, Separators, Polishers, and Others and by geography into North America, Europe, Asia-Pacific, South America, and Africa.
Seed Processing Machinery Market Trends
Growing Demand for Grains, Oils and Vegetables Driving the Market
The global population reached over 7.7 billion in 2018 and is expected to reach 9 billion by 2050. As a result, the global demand for food is likely to increase by 70%, due to rapid population growth, urbanization, and changing diets. Grains represent the biggest portion of daily calorie intake in developing countries of the Middle East, Asia/Oceania, CIS, and Africa, and therefore, the demand for grains is going to be one of the most important drivers of the global seed industry. This in turn is going to drive the market for seed processing machinery in the years to come.
Asia Pacific Leads the Global Seed Processing Machinery Market
The Asia Pacific led the seed processing machinery market and is projected to grow at a significant rate, in terms of value, in the forecast period. China is the fastest-growing market in this region. China is estimated to be the largest producer and consumer of processed seeds and seed processing equipment in the region. The rise in the production of fruits and vegetables drives agricultural exports which in turn stimulates demand for seeds and seed processing machinery.
Seed Processing Machinery Industry Overview
The global seed processing machinery market is fragmented with smaller companies occupying the majority of the market. The leading companies in this industry have adopted strategies like expansion, mergers and acquisitions, partnerships and new product launches.
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- 1 INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
- 2 RESEARCH METHODOLOGY
- 3 EXECUTIVE SUMMARY
- 4 MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
- 5 MARKET SEGMENTATION
- 5.1 Type
- 5.1.1 Pre-Cleaners
- 5.1.2 Cleaners
- 5.1.3 Dryers
- 5.1.4 Graders
- 5.1.5 Coaters
- 5.1.6 Separators
- 5.1.7 Polishers
- 5.1.8 Others
- 5.2 Geography
- 5.2.1 North America
- 5.2.1.1 United States
- 5.2.1.2 Canada
- 5.2.1.3 Mexico
- 5.2.1.4 Rest of North America
- 5.2.2 Europe
- 5.2.2.1 France
- 5.2.2.2 Italy
- 5.2.2.3 Germany
- 5.2.2.4 United Kingdom
- 5.2.2.5 Spain
- 5.2.2.6 Rest of Europe
- 5.2.3 Asia Pacific
- 5.2.3.1 China
- 5.2.3.2 India
- 5.2.3.3 Japan
- 5.2.3.4 Australia
- 5.2.3.5 Rest of Asia-Pacific
- 5.2.4 South America
- 5.2.4.1 Brazil
- 5.2.4.2 Argentina
- 5.2.4.3 Rest of South America
- 5.2.5 Africa
- 5.2.5.1 South Africa
- 5.2.5.2 Rest of Africa
- 6 COMPETITIVE LANDSCAPE
- 6.1 Market Share Analysis
- 6.2 Most Adopted Strategies
- 6.3 Company Profiles
- 6.3.1 Cimbria A/S
- 6.3.2 Alvan Blanch Development Company
- 6.3.3 PETKUS Technologie
- 6.3.4 Lewis M. Carter Manufacturing
- 6.3.5 Westrup
- 6.3.6 LOCUS EXIM
- 6.3.7 Seed Processing Holland
- 6.3.8 A & K Development Company
- 6.3.9 Spectrum Industries
- 6.3.10 Synmec
- 6.3.11 Agrosaw
- 6.3.12 Oliver Manufacturing
- 7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- 8 APPENDIX
- 9 DISCLAIMER
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