Rice Milling Equipment Market Insights Video

According to Cognitive Market Research, the global Rice Milling Equipment market size was USD 215.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.50% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 86.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 64.65 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 49.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 10.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 4.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
• The Family Workshop segment is the fastest-growing category in the Rice Milling Equipment Market, particularly in developing regions. As small-scale rice producers seek to improve their production capabilities, there is an increasing shift towards affordable, compact, and efficient milling equipment for family-run operations