According to Fact.MR, a market research and competitive intelligence firm, grain dryer sales are expected to increase considerably in 2021 and beyond. The necessity to eliminate moisture from grains to enhance shelf life is principally driving adoption.
As the COVID-19 pandemic’s intensity recedes in some regions, sales are expected to gather pace across the short-term forecast period. In addition, unceasing demand for foodgrains across developing regions is keeping demand elevated.
Key Developments in the Global Grain Dryer Industry
Starting in 2017, the Propane Education & Research Council, with the help of three different agricultural companies, developed a series of new fuel-efficient grain drying technologies. These technologies are aimed at helping farmers save money, enhancing their productivity and help fulfil food shortages arising due to incomplete production quota.
The investment involved an R&D project, for the development of GSI’s heat reclamation system, the redesigned Legacy Series grain dryers by Mathews Company, and the new burner design by Sukup Manufacturing Co. As part of the new technology development and testing process, PERC provided industry expertise and financial support.
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Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts to arrive at various estimations and projections for Sales & Demand of Grain Dryer, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.
These study approach a detailed segmental review.
Grain Dryer: Segmentation Analysis
The global market is broadly segmented based on type, Propulsion, end use application and region.
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Based on type, the market is further segmented as:
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Based on Propulsion, the global market is further segmented as:
- Battery Propelled
- Diesel Propelled
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Based on end use application, the global market is further segmented as:
The Grain Dryer Sales study analyzes crucial trends that are currently determining the growth of Grain Dryer Market.
The Key trends Analysis of Grain Dryer also provides dynamics that are responsible for influencing the future Sales and Demand of Grain Dryer market. The PERC and Mathews Company collaborated to reduce energy consumption through innovation. Its profile-style Legacy Series products were completely redesigned to include a new fan, burner, and control system to its product line.
PERC and Sukuup partnered to redesign a grain dryer burner to increase energy efficiency. Using the Octagon Burner, which is a new and highly efficient method of drying grain, uses less propane to achieve a higher temperature rise. This reduces CO2 emissions and increases fuel savings.
In April 2021, Sukup announced the acquisition of certain assets of Global Fabrication, Inc., a full-service manufacturing plant in Hampton, Iowa. With this expansion, Sukup will double its manufacturing capacity for cat walks, structural products, and towers while preserving a commitment to employment in North Central Iowa.
In addition to the second facility expansion, Sukup has announced expansions in the manufacturing facilities in 2021, which will result in increased revenues for the company. One of the main goals in the acquisition is to retain a large number of Global Fab’s current employees.
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Company share analysis is used to derive the size of the global Grain Dryer market. As well as a revenues of companies for the last several years provides the base for forecasting the market size and its Sales growth rate.
The Survey report highlights the growth factors and entry barriers for the key players and talks about the new trends emerging in the global Grain Dryer market.
The report covers following Grain Dryer Market insights and assessment that are helpful for all participants involved in market:
- Data on recently introduced regulations and their impact on key industries and on demand in Grain Dryer
- Latest industry Analysis on Grain Dryer Market , with key analysis of market drivers, trends, and influencing factors
- Key trends Analysis of Grain Dryer market and changing consumer preferences in major industries.
- Changing Grain Dryer demand and consumption of diverse products
- Major trends underlining funding by key investors in numerous countries
- New investment opportunities in diverse technology and product or service types
- Comprehensive data and Competitive analysis of Grain Dryer major players
- Grain Dryer market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Grain Dryer demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
NOTE: Our team are studying Covid-19 and its impact on the Sales growth of Grain Dryer market and where necessary we will consider the Covid-19 footmark for better analysis of the market Demand and industries outlook.
Further, the Grain Dryer market Survey report emphasizes the adoption pattern And Demand of Grain Dryer Market across various industries.
The report mentions growth parameters in the regional markets.
Burgeoning Demand for Oats and Barley to Drive Market Growth
Uncertain weather conditions, backed by global warming, has led to the increased investments in the post-harvest processing practices such as grain drying with the help of grain dryers.
These grain dryers are mainly incorporated to increase the shelf-life of various grain types such as cereals, pulses and oilseeds by maintaining required moisture content in them. Also, an increase in exports of food grains to the non-agricultural countries such Saudi Arabia, UAE, Kuwait, etc. is further anticipated to boost market growth.
Furthermore, to cater the ever-increasing demand of various special grains such as oats and barley, from countries across the globe, the growth in demand for grain dryers is expected to remain elevated in the near future. Prominent players of the market are capitalizing significantly to achieve better cost to performance ratio.
‘US-China Phase One Agreement’ anticipated to bolster the Grain Dryer Market Growth
Nations from the Middle-East are have limited scope for the adoption of grain dryers, attributed to limited agricultural output due to absence of cultivable land.
The global market for grain dryers is likely to receive a major boost in countries such as China, India, Russia and United States, as they are major producers and exporters of the cereals in the world, as per the Food and Agriculture Organisation (FAO) of UN.
The ‘US-China Phase One Agreement’ is foreseen as one of the major drivers for the growth of the market in USA and China due the suspension of imposed tariffs on Chinese goods by the White House. In addition to this, a bright future for the growth of grain dryer in the market is also foreseen in Poland, UK, Mozambique and Pakistan as these countries are global leaders in the export of pulses grains.
Grain Dryer: Competitive Landscape
Key players in the global market are focusing on improving the efficiency of the grain dryers. Manufacturers have developed innovative products such as the grain dryers equipped with vacuum technology and solar powered grain dryers.
Recently, Alvan Blanch has partnered with Colas Ltd, a UK based Construction Company, to manufacture, supply, install and commission grain dryers in Uganda, which will help Alvan Blanch to increase its market share in the industry.
To acquire a competitive edge, Cimbria has developed a horizontal drum dryer called, Dantoaster, that offers sterilisation, gelatinisation and toasting of wide range of grain types, along with regular high temperature grain drying.
The top players in the global market are
- Cimbria
- Buhler
- The GSI Company
- Sukup Manufacturing
- Brock Group
- Alvan Blanch etc.
The research report presents a comprehensive assessment of the grain dryer market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated data.
It also contains projections using a suitable set of assumptions and methodologies. The market report provides analysis and information according to market segments such as product type, size, end use application and region.
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Competitive Landscape Analysis On Grain Dryer Market:
In this report, leading market participants involved in the manufacturing of Grain Dryer are covered. Analysis regarding their product portfolio, key financials such as market shares and sales, SWOT analysis and key strategies are included in this report.
Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Rest of Europe)
- East Asia (Japan, China, South Korea)
- South Asia & Oceania (India, Thailand, Indonesia, Australia, Rest of South Asia & Oceania)
- Middle East and Africa (GCC Countries, Turkey, Rest of MEA)
The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.
Impact of COVID-19 on the Grain Dryer Industry
The outbreak of COVID-19 significantly limited expansion of the market for grain dryers. Suspension of cross-border transportation in the initial months to curb spread of infections led to major contractions.
Absence of adequate workforce prompted industrialists and agriculturalists to temporarily suspend operations. Fortunately, in forthcoming months, businesses reopened amid flattening infection curves, restoring expansion prospects.
Initial backlogs with respect to piling inventory have slowly eroded, offsetting the disequilibrium in the demand-supply experienced during the height of the pandemic. Increased concerns about food shortages experienced in the previous year compelled agro-based industries, including foodgrains processing, to resume operations, thereby restoring demand for grain dryers.
Some of the key participants in the global Grain Dryer Market include :
After glancing through the report on global Grain Dryer market Demand, readers will get valuable insight into the following:
- What opportunity Trends and drivers await the market in the forthcoming years?
- Which of the regions are likely to offer plethora of opportunities for the global Grain Dryer market Demand?
- What are the emerging Sales revenue streams for the Grain Dryer market?
- What are the business models and technologies with disruptive potential?
- Precise Year-on-Year growth of the Grain Dryer market Share?
Analysts at Fact.MR give prominent data on recent technological developments and product developments in the Grain Dryer Demand during the assessment period.
A comprehensive estimate on Demand of Grain Dryer market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of Grain Dryer market.
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