The global destoner machine market is expected to grow at a CAGR of 5.5% in the forecast period from 2023 to 2033. The destoner machine market is projected to reach a valuation of US$ 966.8 Mn by the end of 2033 from US$ 566 Mn in 2023.
Ongoing expansion of the agriculture industry is projected to push the need for cutting-edge equipment like destoner machines to complete a wide range of tasks. A stone screen is a component of the rice destoner machine that uses vibration motion to help separate the grains from the stones. Since there is a vibration outlet, the cleaner paddy will fall.
Moreover, rapid expansion of the food and restaurant sector across the globe is estimated to support the global destoner machine market in the assessment period. As rice is considered to be a staple food of more than half of the world’s population, it requires to be destoned with the help of advanced destoner machines. Continuous developments in the field of rice mill machinery, as well as attractive packaging would further help to fuel the demand for products in emerging countries.
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Apart from that, growing trade for long grain rice in both developed and developing economies on the back of high demand for specialty rice varieties is anticipated to drive sales of grain destoner machines in the forecast period. Ongoing development of the fast food industry owing to the continuously changing food habits and lifestyles of consumers is another crucial factor that is projected to aid growth.
Key Takeaways from the Destoner Machine Market
- During the historical period from 2018-2022, the global destoner machine market witnessed steady growth at a CAGR of 7%.
- The U.S. destoner machine market is expected to showcase growth at a CAGR of 68% in the forecast period.
- The destoner machine market in Europe is expected to grow at 32% CAGR between 2023 and 2033.
- The China destoner machine market is projected to grow at a CAGR of around 32% over the next ten years.
- The North America destoner machine market is expected to register a 38% CAGR between 2023 and 2033.
“Nowadays, producers are delivering a wide range of products such as wild, brown, white, basmati, and jasmine rice, among others. Rising demand for high-quality rice from Gulf and European countries is also expected to propel sales in the global destoner machine market during the assessment period,” says a lead analyst at Future Market Insights.
Competitive Landscape: Destoner Machine Market
Top 5 manufacturers of destoner machines are IMAO, RS PRO, EWELLIX, ENDINE, and BOSCH. Together, these companies are holding around 20% to 30% of the destoner machine market share.
The global destoner machine market is highly fragmented and competitive due to the presence of several local and regional companies. Key players are adopting a wide range of marketing strategies such as partnerships, expansions, mergers & acquisitions, and collaborations to strengthen their positions in the global market.
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Get More Valuable Insights on Destoner Machine Market
Future Market Insights, in its new offering, provides an unbiased analysis of destoner machine presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033.
The study provides valuable insight on the destoner machine market based on product (magnetic destoner, rice destoner, vibro destoner, vacuum destoner, dry destoner, stone separator) and by application (grain, coffee, paddy, stone removing, pulse, milling industry, agricultural) across seven major regions of the world.
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