Rice Polishers Market Overview:
The goal of this research is to give a comprehensive analysis of the Rice Polishers market by component, application, industry, and geography. The paper goes into great detail on the major variables impacting the growth of the Rice Polishers market. The report also provides a thorough examination of the market's value chain.
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Rice Polishers Market size was valued at US$ 1.19 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 4.13% through 2021 to 2027, reaching nearly US$ 1.58 Bn.
Market Scope:
The "Global Rice Polishers Market Analysis" is a detailed investigation of the Rice Polishers market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Rice Polishers market as well as detailed market segmentation based on connection type, end-use, and geography. The Rice Polishers market is expected to grow substantially over the forecast period. The study contains critical information on the market positions of the leading Rice Polishers players, as well as noteworthy industry trends and opportunities.
Secondary research is used to examine and forecast the Rice Polishers market, and it begins with sources that gather revenue data from important suppliers. When estimating market segmentation, vendor offerings are also taken into account. Using the income of key firms, the whole size of the Rice Polishers market was determined using the bottom-up technique.
Drivers:
Rice milling industries have increased their demand for rice polishers, rice polishers increase the efficiency of the entire rice milling process as well as the assembly line process, rice production is rising along with demand, and the rising popularity of brown rice is fueling demand for rice polishers. These are the main factors influencing the growth of the rice polishers market. The agriculture sector is anticipated to significantly contribute to driving the global rice polishers market during the forecast period due to rising industrialization rates, rising rice consumption, and product technological advancements.
Segmentation:
The market is divided into Vertical Cone Type Polishers and Horizontal Polishers based on type. By 2027, the Vertical Cone Type Polishers market segment is anticipated to have the largest market share. Red, grey, and brown rice coating is removed using a vertical cone type polisher. It is very accurate and made of premium cast iron. The rice will be polished without breaking as a result. Vertical cone type polishers are in greater demand from consumers, and these polishers are used in warehouses and rice mills. Numerous advantages include lower power consumption, improved rice polishing and whiteness, high rice output, and savings in broken rice of 2 to 3%.
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Key Players:
The major players covered in the Rice Polishers market report are
• MILLTEC Machinery Ltd.
• Bühler Holding AG
• Osaw Industrial Products Pvt. Ltd.
• Lianyungang Huantai Machinery Co., Ltd.
• SATAKE CORPORATION
• Hindustan Group
• G.S. International
• Tw Grandeur Machinery Co., Ltd.
• lamico.com.vn.
• Alaska Multi Polymers Pvt. Ltd.
• Amar Industries
• Orca Instruments
• Sun Agro
• Panesar Industrial Corporation
• Western Agrotech Equipment
• Others
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Rice Polishers Market:
The COVID-19 outbreak has affected industries such as aerospace and defense, agriculture, autos, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. COVID-19 has had an influence on the Rice Polishers market as a whole, as well as the growth rate in 2019-2020 as the impact of COVID-19 spreads. Our most recent investigation, viewpoints, and pieces of administration expertise are vital to the firms and associations in the Rice Polishers sector, which is driving through the COVID-19 emergency to handle risk digitizing tasks in order to communicate trustworthy data and experiences to CEOs.
Key Questions Answered in the Rice Polishers Market Report are:
- Which segment grabbed the largest share in the Rice Polishers market?
- What is the competitive scenario of the Rice Polishers market in 2020?
- Which are the key factors responsible for the Rice Polishers market growth?
- Which region held the maximum share in the Rice Polishers market in 2020?
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