Global Grain Products Market Size, Drivers, Trends, Opportunities And Strategies – Includes Grain Products Market Growth
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Growing demand for local, sustainable, and organic food production is expected to drive innovation in grain product manufacturing, propelling the market during the forecast period.
The global grain products market is expected to grow from $324.21 billion in 2022 to $345.19 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The grain products market is expected to grow to $428.24 billion in 2027 at a CAGR of 5.5%.
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Global Grain Products Market Segments Include:
- By Type: Flour, Rice And Malt, Other Grain Products
- By Price Range: Premium, Mid, Low
- By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
- Subsegments Covered: Flour, Rice, Malt
- By Geography: The 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 in 2021.
Major Market Players in the grain products market include CJ Cheiljedang Corp, Wilmar International Ltd., Louis Dreyfus, CJ Corp, Soufflet SA, GrainCorp Malt, Gruma, S.A.B. de C.V, Nisshin Seifun Group Inc.
NIR analyzers are being used by flour milling companies to improve production efficiency. A Near-Infrared (NIR) analyzer is a device that measures moisture, protein, fat, and other parameters in food samples. NIR analyzers are used in flour mills to determine the moisture, protein, and ash content of wheat and flour. NIR analyzers monitor grain throughout the milling process and provide real-time access to quality control parameters. This reduces manufacturing errors, downtimes, and rejections, ultimately improving flour quality and consistency. For example, Castle Mill, a flour milling company based in the United Kingdom, uses NIR analyzers to control the flour milling process. Perten Instruments’ DA 7250 NIR analyzer and FOSS’s NIRS DS2500 are also being used for analysis in the flour milling industry.
The Grain Products Global Market Report 2023 provides a grain products market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The grain products market forecast analyzes grain products market size, grain products market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Grain products are obtained through a milling process in which grains are cleaned, crushed, and ground into food-preparation pieces.
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