Technavio has announced its latest market research report titled Global Rice Milling Machinery Market 2020-2024 (Graphic: Business Wire)
Technavio has announced its latest market research report titled Global Rice Milling Machinery Market 2020-2024 (Graphic: Business Wire)
LONDON--(BUSINESS WIRE )--Technavio has been monitoring the rice milling machinery market and it is poised to grow by $ 119.84 mn during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Ag Growth International Inc., Alvan Blanch Development Co., Anzai Manufacturing Co. Ltd., Flour Tech Engineers (p) Ltd., GG Dandekar Machine Works Ltd., Hubei Yongxiang Grain Machinery Co. Ltd., Mill Master Machinery Pvt. Ltd., Mitsubishi Corp., Satake Corp., and Savco Sales Pvt. Ltd. are some of the major market participants. The expansion of rice processing plants will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Rice Milling Machinery Market 2020-2024: Segmentation
Rice Milling Machinery Market is segmented as below:
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Rice Milling Machinery Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The rice milling machinery market report covers the following areas:
This study identifies the growing adoption of automation to leverage profitability as one of the prime reasons driving the rice milling machinery market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Rice Milling Machinery Market 2020-2024: Key Highlights
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
The Global Rice Milling Machinery Market will grow by $ 119.84 mn during 2020-2024
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/