The grain products market includes establishments involved in milling flour meal from grains or vegetables, preparing flour mixes or doughs from flour, milling, cleaning and polishing rice and manufacturing malt from barley, rice and other grains.
The global grain products market was valued at around $265 billion in 2017. Asia Pacific was the largest region in the grain products market in 2017, accounting for under 57% market share. China was the largest country in the market in 2017, accounting for above 18% market share.
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.
The top five companies covered are Archer Daniels Midland Company, Ingredion Incorporated, Malteurop Groupe, GrainCorp Malt and China Agri-Industries Holdings Limited . Archer Daniels Midland (ADM) was the largest company in the grain products market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The grain products market is segmented into Flour, Rice & Malt, and Wet Corn.
Flour, Rice & Malt segment includes establishments involved in milling flour or meal from grains and vegetables, milling, cleaning and polishing rice and manufacturing malt from barley, rye and other grains.
Wet Corn segment comprises companies involved in wet milling corn and other vegetables.