Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1400 Million | USD 1900 Million | 4.5% | 2022 |
FrequentlyAsked Questions
An agricultural dryer is a specialized equipment used to dry a variety of crops, most notably grains and legumes. Grain dryers are a crucial tool for each farmer and farm, regardless of size, as drying is a necessary process for the storage and sale of these goods
The agricultural dryer market is driven by several factors such as growing demand for processed food products, technological advancements, government initiatives and subsidies, rising global population and food security concerns, expansion of commercial farming and agribusiness and many others.
According to the report, the global market size was worth around USD 1400 million in 2022 and is predicted to grow to around USD 1900 million by 2030.
The global Agricultural Dryer market is expected to grow at a CAGR of 4.5% during the forecast period.
The global Agricultural Dryer market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the increasing government initiatives.
The global Agricultural Dryer market is dominated by players like PETKUS Technologie GmbH, Zoomlion, Agrimec, Mecmar, Bühler, Clim.Air.50, POLnet, Chief Agri, Fratelli Pedrotti, ZAFFRANI, Mysilo (Siloport), Sukup Manufacturing, Moty, Bernardin, GSI Group, Cross Agricultural Engineering, MEPU OY, Agridry Dryers and Agremo among others.
The Agricultural Dryer market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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