Knife Mills Market Share, Size, Trends, Industry Analysis Report, By Power (Less Than 50 HP, 50 to 100 HP, 100 to 250 HP, and Above 250 HP); By Capacity; By End-Use; By Region; Segment Forecast, 2023 - 2032

Knife Mills Market Share, Size, Trends, Industry Analysis Report, By Power (Less Than 50 HP, 50 to 100 HP, 100 to 250 HP, and Above 250 HP); By Capacity; By End-Use; By Region; Segment Forecast, 2023 - 2032

The global knife mills market size is expected to reach USD 1,259.05 million by 2032, according to a new study by Polaris Market Research. The report “Knife Mills Market Share, Size, Trends, Industry Analysis Report, By Power (Less Than 50 HP, 50 to 100 HP, 100 to 250 HP, and Above 250 HP); By Capacity; By End-Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increasing number of people preferring home-cooked meals over restaurant food and rising demand for several kitchen appliances, including knife mills which help in preparing nutritious and healthy meals, along with the growing focus on cost-effective and efficient processing and introduction to new knife mills with advanced capabilities and features, are among the most prominent factors driving the market growth. For instance, in March 2021, Retsch introduced its new knife mill, GRINDOMIX GM 200, which is mainly employed in laboratories worldwide to homogenize food samples. The new knife mill covers a larger application range from granular products, including rice, soybeans, and rape seed.

The rising proliferation of automation technology that is equipped with automated controls that allow operators to set precise parameters for grinding processes and enable consistent and repeatable results, reduce human error, and enhance operational efficiency coupled with the growing focus of manufacturers to develop blades with advanced geometries, specialized coatings, and optimized cutting edges to achieve efficient size reduction and minimize heat generation, are likely to impact the market positively. Now, knife mills are being equipped with various sensors and monitoring systems to provide real-time data on crucial parameters, as these sensors monitor factors such as temperature, vibration, and motor load, allowing operators to optimize machine performance, detect anomalies, and prevent potential breakdowns, leading to higher adoption of product across the globe.

Knife Mills Market Report Highlights

50 to 100 HP segment held significant market share in 2022, which is mainly driven by its growing use in industrial applications like pharmaceuticals, chemicals, and recycling

1001 to 1500 kg/h segment is projected to hold substantial market share over the study period, mainly due to its higher efficiency and productivity to optimize the manufacturing process for larger materials

Plastic segment is projected to grow at the faster rate, on account rising concern regarding the plastic waste and environmental sustainability encouraging the use of knife mills

Asia Pacific region dominated the global market with substantial revenue share in 2022, owing to growing rate of infrastructure development and presence of several favorable government policies supporting the market

The global key market players include Mill Powder Tech Solutions, IDEX Health, Fritsch, Netzsch Group, Perten Instruments, Glen Creston, and Brabender

Polaris Market Research has segmented the knife mills market report based on power, capacity, end-use, and region:

Knife Mills, Power Outlook (Revenue - USD Million, 2023 - 2032)

Less Than 50 HP

50 to 100 HP

100 to 250 HP

Above 250 HP

Knife Mills, Capacity Outlook (Revenue - USD Million, 2023 - 2032)

Less Than 500 kg/h

501 t0 1000 kg/h

1001 to 1500 kg/h

1501 to 2500 kg/h

Above 2500 kg/h

Knife Mills, End-Use Outlook (Revenue - USD Million, 2023 - 2032)

Plastic

Pharmaceuticals

Food & Beverages

Chemicals

Minerals

Knife Mills, Regional Outlook (Revenue - USD Million, 2023 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa