Rice Milling Machinery Market Size (2024 - 2029)

The rice milling machinery market is experiencing growth driven by the increasing demand for certified machinery that ensures high-quality rice processing. This demand is fueled by rice's status as a staple food for a significant portion of the global population, particularly in Asia, where the majority of rice is produced. Despite potential challenges posed by the availability of pre-used machinery, advancements in technology, such as the Satake New Tasty White Process, are enhancing efficiency and quality in rice processing. The expanding global population and the consequent rise in rice demand are prompting the establishment of new rice mills, further contributing to the market's expansion.

Market Size of Rice Milling Machinery Industry

Rice Milling Machinery Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 239.30 Million
Market Size (2029) USD 291.20 Million
CAGR (2024 - 2029) 4.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia Pacific

Major Players

Rice Mill Machine Market Major Players

*Disclaimer: Major Players sorted in no particular order

Rice Mill Machine Market Analysis

The Rice Milling Machinery Market size is estimated at USD 239.30 million in 2024, and is expected to reach USD 291.20 million by 2029, growing at a CAGR of 4% during the forecast period (2024-2029).

  • Rice is the primary staple for over half of the global population, with around 90% of its production concentrated in Asia. While the four main categories of rice include Indica, aromatic (such as jasmine and basmati), Japonica, and glutinous, numerous specialty varieties are cultivated worldwide. The market is witnessing growth, primarily driven by the demand for certified rice milling equipment. Certified machinery guarantees high-quality rice processing, which is essential for meeting the surging global rice demand. Given rice's status as a staple in numerous countries, its demand is projected to remain robust in the coming years, further fueling the need for rice milling machinery. SATAKE, a Japanese firm, specializes in designing, manufacturing, and global selling of ISO-certified rice mills.
  • However, the presence of pre-owned rice milling machinery models could hinder the market's expansion. In terms of technological advancements, the Satake New Tasty White Process (NTWP) stands out as a significant innovation in rice processing. The NTWP method yields rinse-free rice, boasting superior taste and appearance. This groundbreaking technology promises to transform the rice milling industry by enhancing rice quality, minimizing water consumption, and shortening processing durations. Such advancements could usher in heightened efficiency, lower costs, and, ultimately, increased profits for rice millers. With the global population on the rise, the demand for rice is expanding. This surge has prompted numerous rice processing plants to produce new rice mills, propelling market growth. India, the foremost producer and exporter of basmati rice, ranks among the top rice exporters globally. Notably, rice milling stands as one of India's oldest and most significant agro-processing industries. India had over 9,000 rice mills as of 2022, as reported by the Ministry of Consumer Affairs, Food & Public Distribution.

Rice Mill Machine Industry Segmentation

Rice milling is a crucial step in the post-production of rice. The basic objective of a rice milling system is to clean impurities and remove the husk and the bran layers to produce white rice, which is edible and suitable for consumption.

The rice mill machine market is segmented by mechanism (fraction rice milling machine and grind rice milling machine), operation (pre-cleaning machinery, separating machinery, grading machinery, rice whitening machinery, and other operations), and geography (North America, Europe, Asia-Pacific, South America, and Africa). The market sizing is provided in value terms (USD) for all the above-mentioned segments.

Mechanism
Fraction Rice Milling Machine
Grind Rice Milling Machine
Operations
Pre-cleaning Machinery
Separating Machinery
Grading Machinery
Rice Whitening Machinery
Other Operations
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Africa
South Africa
Rest of Africa
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Rice Milling Machinery Market Size Summary

The rice milling machinery market is poised for steady growth, driven by the increasing global demand for rice, a staple food for over half the world's population. With Asia producing about ninety percent of the world's rice, the region's demand for efficient and high-quality milling machinery is particularly strong. The market is characterized by a mix of established players and emerging companies, all vying to meet the needs of rice producers. Innovations such as the Satake New Tasty White Process (NTWP) are setting new standards in rice processing, enhancing quality while reducing resource consumption. However, the presence of pre-used machinery models poses a challenge to market expansion. The rise in rice consumption, especially in Asia, Sub-Saharan Africa, and South America, is further fueling the demand for advanced milling solutions.

The market landscape is competitive, with key players like Buhler Group, Fowler Westrup, and Satake Group leading the charge through strategic partnerships, product launches, and technological advancements. These companies are focusing on research and development to introduce novel machinery that improves efficiency and reduces costs for rice millers. The adoption of high-yielding rice varieties and new cultivation techniques is creating opportunities for market players to expand their offerings. As the global population continues to rise, the demand for rice and, consequently, rice milling machinery is expected to grow, particularly in regions like India and China, which are major producers and consumers. The market's growth trajectory is supported by the increasing need for modernized processing facilities to meet the evolving demands of rice production and consumption.

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Rice Milling Machinery Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rising Production and Area Under Rice Cultivation

      2. 1.2.2 Growing Export Demand for Milled Rice

      3. 1.2.3 Increasing techonology advancements in Rice Mills

    3. 1.3 Market Restraints

      1. 1.3.1 High Initial Investment of Rice Mills

      2. 1.3.2 Competition from the Imported Rice is Limiting the Market

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Mechanism

      1. 2.1.1 Fraction Rice Milling Machine

      2. 2.1.2 Grind Rice Milling Machine

    2. 2.2 Operations

      1. 2.2.1 Pre-cleaning Machinery

      2. 2.2.2 Separating Machinery

      3. 2.2.3 Grading Machinery

      4. 2.2.4 Rice Whitening Machinery

      5. 2.2.5 Other Operations

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

        4. 2.3.1.4 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Italy

        5. 2.3.2.5 Spain

        6. 2.3.2.6 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 India

        2. 2.3.3.2 China

        3. 2.3.3.3 Japan

        4. 2.3.3.4 Rest of Asia-Pacific

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Africa

        1. 2.3.5.1 South Africa

        2. 2.3.5.2 Rest of Africa

Rice Milling Machinery Market Size FAQs

The Rice Milling Machinery Market size is expected to reach USD 239.30 million in 2024 and grow at a CAGR of 4% to reach USD 291.20 million by 2029.

In 2024, the Rice Milling Machinery Market size is expected to reach USD 239.30 million.

Rice Mill Machine Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)