Rice polisher is a kind of machine that helps in altering the physical properties of rice, which include changing the size, color, and texture of the rice. This is done by creating friction among the rice grains either by rubbing it against each other or by using milling rollers. Firstly, the water is sprayed on to the rice grains by passing it through the mixing chambers. Rice polisher machines are abrasive machines that use talc or other very fine dust to remove or buff the outer surface of rice kernels especially done to change brown rice into white rice.
Growth in the food processing industry especially in rice processing plants along with increase in consumption in rice or rice related food items around the world anticipated to boost the growth of the rice polisher market. The agricultural industry is anticipated to play a major role in the development of the market. Rice is an agriculture commodity with the third highest worldwide production after sugarcane and maize. Also, increase in the consumption of brown rice owing to its various health benefits boosts the demand for the rice polisher machines in the market. Rice polishers help improve the overall efficiency of rice milling industries and make the whole process smooth. High cost of rice polishers and increase in crop failure are the factors anticipated to hinder the market growth. Requirement of skilled labor further increases the cost of production. This factor hinders the growth of the rice polisher market.
Asia-Pacific dominated the rice polisher machines market in 2018 owing to high production and consumption of rice. China and India will be the key markets in the region as they are the most developing economies of the region. Europe is anticipated to hold the second largest share of the rice polish machines market due to increase in inclination of consumers demand for rice products.
COVID-19 scenario analysis:
- COVID-19 pandemic has shut down the production of rice polisher, owing to the prolonged lockdown in major countries. This has hampered the growth of the rice polisher market significantly from the last few months and is likely to continue during 2020.
- COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year.
- The major demand for equipment and machinery was previously observed from major manufacturing countries, including the U.S., Germany, Italy, the UK, and China, which have been severely affected by the pandemic, thereby halting the demand for equipment and machinery.
- Potential impact of the lockdown is currently vague and financial recovery of companies is totally based on their cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
- Equipment and machinery manufacturers must focus to protect their workforce, operations, and supply chains to respond to the immediate crises and find new ways of working after COVID-19.
Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Surge in application in rice processing mills for improving the overall productivity and efficiency for polishing rice are the factors that drive the growth of the rice polisher market. However, high initial cost prices, cases of crop failure due to natural calamities, increased labor cost where labor needs to be trained to smoothly operate the rice polisher market are the factors anticipated to hinder the market growth. Contrarily, investments in agricultural sector and more focus on the segmentation of the rice market are the factors anticipated to boost the growth of the rice polisher market.
The rice polisher machine market trends are as follows:
Surge in usage in food processing and rice processing applications
Manufacturers have been focusing on producing new products for specific applications owing to increase in demand. Leading market players have determined that improved efficiency and faster applications can be influential in many applications. Increase in consumption of rice all over the world increases the need for the production of rice at a higher rate thus putting pressure on rice processing mills to deliver processed rice at a faster rate to meet the demand. This extra pace can be achieved by having good rice polishers, which can improve the overall productivity and efficiency of rice mills.
Key benefits of the report:
- This study presents the analytical depiction of the rice polisher industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the rice polisher market share.
- The current market is quantitatively analyzed to highlight the rice polisher market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed rice polisher market analysis based on competitive intensity and how the competition will take shape in the coming years.
Rice Polisher Market Report Highlights
| Aspects | Details |
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 Key Market Players | Hindustan Group, Tw Grandeur Machinery Co., Ltd., lamico.com.vn., Lianyungang Huantai Machinery Co., Ltd., Alaska Multi Polymers Pvt Ltd., SATAKE CORPORATION, MILLTEC Machinery Ltd., Osaw Industrial Products Pvt. Ltd., G.S. International, Bühler Holding AG |
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