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Grain drying is an integral part of the post-harvest practice to ensure the extended storage period. After drying to low moisture levels the free water availability in grain can become almost negligible which avert the growth of any microorganisms which have the potential to cause significant qualitative and quantitative loses. Therefore, the demand for grain drying equipment is predicted to increase in the forthcoming years.
The prominent players operating in the market are embarking on the new product launch and improvement in already existing products which can help the companies to increase their sales. For instance, in February 2016, Grain Systems Inc. announced the launch of new enhancements to its line-up of grain drying equipment. The new advanced features are intended to improve grain dryer efficiency, precision and ease of use.
The several benefits offered by grain dryers are predicted to boost the demand for grain dryers. For instance, grain may germinate if not dried as they would have enough moisture in them and drying of grains is essential as grains with high amount of moisture deteriorate both in terms of quantity and quality. Moreover, the supportive initiatives taken by various governments and organization to ensure optimum yield quantity and to help growers are predicted to boost the sales of grain dryers. For instance, in February 2020, the Government of Alberta has announced the launch of the new grain dryer program to help the farmers deal with the tough harvest. The Efficient Grain Dryer Program which has strong Funding via Canadian Agricultural Partnership will allow covering costs for eligible grain dryer improvements for growers in Alberta. The on-going research and development activities for the manufacturing of cost effective grain dryers are expected to positively leverage the sales of the product.
The low adoption rate of grain dryers in many emerging countries majorly due to its high cost is expected to restrain the market growth.
Key Market Driver -
On-going Research and Development Activities for the Production of Novel Grain Dryers
Key Market Restraint -
Low Adoption Rate of the Product
The prominent players operating in the global grain dryers market are, Grain System Inc., Cimbria, Tornum AB, Buhler, Methews Company, CFCAl Group, Fratelli Pedrotti, Sukup Manufacturing, Stela, Mecmar, Alvan Blanch, and Others
Stationery grain dryers are appropriate to high production and apt into a system where storage silos and elevators are already set up. The usage of a stationery grain dryer is more convenient for structured companies that need to dry large quantities of product which is expected to boost the sales of stationary grain dryer among large industries. Small farmers can prefer mobile grain dryers as they offers the advantage of integrating the loading, drying and unloading system within the same machine due to this they are easier to use. Hence, the demand for mobile grain dryers is predicted to increase at steady rate amidst small farmers.
Cereal drying segment is predicted to hold considerable share in the global market of grain dryers. The rising cereal production coupled with improper cereal storage can lead to huge post-harvest losses, thus farmers are inclined towards grain dryers. Moreover, these drying equipment’s come in a wide capacity range and it is the most accepted and efficient way to dry great quantities of cereals.
Asia Pacific is predicted to grow at significant pace in the global grain dryers market. The increasing incidences of post-harvest crop losses due to utilization of less effective grain drying techniques such as sun drying is gravitating farmers to adopt the modern grain dryers to retain the quality of yield which is predicted to boost the sale of the product within Asia Pacific. Several prominent market players are expanding their business in Asian market to increase their product sale which is predicted to drive the Asia Pacific grain dryers market.
North America is projected to hold prominent share in the global market. The deep-rooted agriculture industry and high adoption rate of modern agriculture equipments including grain dryers are expected to drive the regional market. The presence of prominent players within the region and increasing R&D investments for the production of novel grain dryers are predicted to positively impact the market growth. For instance, In February 2017, The Propane Education & Research Council partnered with three different agricultural companies to develop new fuel-efficient grain drying technologies that will help agricultural operations save money.
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