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The rice milling market share in India is expected to increase by USD 49.43 million from 2021 to 2026, at a CAGR of 7.61%.
This rice milling market research report of India provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers rice milling market segmentation in India by capacity (50 ton, 50-150 ton, and above 150 ton) and application (commercial and home use). The rice milling market report of India also offers information on several market vendors, including Buhler AG, Fowler Westrup (India) Pvt. Ltd., G.S International, GG Dandekar Machine Works Ltd., Mill Master Machinery Pvt. Ltd., Osaw Industrial Products Pvt. Ltd.., Patker Engineers, Perfect Equipments, Satake Corp., and Savco Sales Pvt. Ltd. among others.
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The rising focus on increasing the shelf life of rice is notably driving the rice milling market growth in India, although factors such as nutrient deficiency in milled rice compared with other rice types may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the rice milling industry in India. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Rice Milling Market Driver in India
The milling process provides additional benefits for rice processing plants. The husk, bran, and germ layers are removed to varying degrees during milling. The goal of milling is to remove as much colored bran and germ as possible. The quantity of bran remaining on the grain surface after milling is defined as the milling degree, where the degree of milling can vary based on grain hardness, size, shape, depth of surface ridges, and bran thickness. A high milling degree indicates a high quality of rice. Milled rice stays fresh for much longer periods than un-milled varieties when stored under suitable conditions (avoiding exposure to moisture and air). Therefore, rice milling machinery plays a key role in increasing the shelf life of rice and reducing loss due to spoilage. Milled rice also requires lesser cooking time compared with other rice types. Therefore, the rising focus of rice processing plants to increase the shelf life of rice may positively influence the market growth during the forecast period.
Key Rice Milling Market Challenge in India
The milling of rice can also remove nutrition, including fiber, vitamins, and minerals. The nutrient proximate such as energy, protein, carbohydrate, sugar, calcium, iron, sodium, and fatty acids are also lesser in milled rice compared with un-milled rice. Thus, milled rice is mainly a source of carbohydrates and proteins. On the other hand, un-milled rice, which is sold as a grain, is a source of dietary fiber. It also contains vitamin B1 (thiamine), vitamin B3 (niacin), vitamin B5 (Pantothenic acid), vitamin B6, phosphorus, manganese, potassium, zinc, and copper. The nutritional content of milled rice needs to be enhanced by adding minerals and vitamins through an enrichment process. This may increase the price of milled rice compared with un-milled rice. The consumption of food products such as whole grains also offers improved health benefits. The increased fiber content in un-milled rice can eliminate toxic substances from the body. Therefore, the higher nutritional content in un-milled rice, such as brown rice, may affect the demand for milled rice among consumers and is likely to affect the growth of the rice milling market in India during the forecast period.
This rice milling market analysis report of India also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the rice milling market in India encompasses successful business strategies deployed by the key vendors. The rice milling market in India is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The rice milling market forecast report of India offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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The rice milling market share growth in India by the 50-ton segment will be significant during the forecast period. A 50-ton rice mill plant has the capability to process rice at a high rate. It has stable performance and is an ideal machine for small rice factories. The 50-ton rice mill plant consists of a husker, a combined cleaner, a paddy separator, a rice grader, a rice whitener, lifting machines, pipes, and other accessories. With the growing demand for 50-ton rice mills from end-users, the market is expected to grow during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the rice milling market size in India and actionable market insights on post COVID-19 impact on each segment.
Rice Milling Machinery market - The market share is expected to increase by USD 151.2 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 2.3%.
Industrial Food Milling Machines market - The market share is expected to increase to USD 121.47 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.15%.
Milling Machines market - The market study is a comprehensive report with in-depth qualitative and quantitative research evaluating the current scenario and analysing the growth of -3.78% and CAGR of 3% with USD 904.88 million by segment (segment name) during the forecast period 2019 to 2024.
Rice Milling Market Scope in India |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 7.61% |
Market growth 2022-2026 |
$ 49.43 million |
Market structure |
Fragmented |
YoY growth (%) |
8.97 |
Regional analysis |
India |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Buhler AG, Fowler Westrup (India) Pvt. Ltd., G.S International, GG Dandekar Machine Works Ltd., Mill Master Machinery Pvt. Ltd., Osaw Industrial Products Pvt. Ltd.., Patker Engineers, Perfect Equipments, Satake Corp., and Savco Sales Pvt. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Capacity
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
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