Grain Products Global Market To Reach Value Of About $473 Billion In 2025
12 Apr, 2021
The grain products market consists of sales of grain products by entities (organizations, sole traders and partnerships) that mill flour meal from grains or vegetables, prepare flour mixes or doughs from flour, mill, clean and polish rice and produce malt from barley, rice and other grains. The companies in the grain products industry process raw materials into grain products, package and distribute them through various distribution channels to both individual customers and commercial establishments.
Global Grain Products Market Size And Drivers:
The global grain products market is expected to grow from $314.87 billion in 2020 to $347.27 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. The market is expected to reach $473.17 billion in 2025 at a CAGR of 8%.
Request For A Sample For The Global Grain Products Market Report:
Trends In The Global Grain Products Market
Flour milling companies are using NIR analyzers to improve production efficiency. Near Infrared (NIR) analyzer is an analytical instrument used to determine moisture, protein, fat and other parameters in a food sample. NIR analyzers used in flour mills analyze wheat and flour for moisture, protein and ash content. NIR analyzers monitor the grain in all the steps of a milling process and give real-time access to quality control parameters. This helps in minimizing manufacturing errors, downtimes and rejections, thus improving flour quality and consistency.
Global Grain Products Market Segments:
The global grain products market is further segmented based on type, distribution channel and geography.
By Type: Flour, Rice And Malt, Other Grain Products.
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
Subsegments Covered: Flour, Rice, Malt.
By Geography: The global grain products market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global grain products market, accounting for 42% of the total market.
Read More On The Report For The Global Grain Products Market At:https://www.thebusinessresearchcompany.com/report/grain-products-global-market-report-2020-30-covid-19-impact-and-recovery
Grain Products Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides grain products market overviews, analyzes and forecasts market size and growth for the global grain products market, grain products market share, grain products market players, grain products market segments and geographies, grain products market’s leading competitors’ revenues, profiles and market shares. The grain products market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.