The grain products market includes establishments involved in
milling flour meal from grains or vegetables, preparing flour mixes or doughs
from flour, milling, cleaning and polishing rice and manufacturing malt from
barley, rice and other grains. Grain products market in this report is
segmented into flour, rice & malt, wet corn.
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The global grain products market has been
growing in the past years with a CAGR of almost 5%. The year 2017 recorded high
growth in this market with a net market value more than 18% higher than that of
2013, as per TBRC’s in-house consultants
TBRC’s latest report show the historic
and future trends in the market for each year with sourced reasons to support
the growth claims.
The report also shows the global grain
products market to grow at a higher CAGR by 2021 as compared to 2017, along
with geographies best suited for investments with highest return rate.
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Flour milling companies are using NIR
analyzers to improve production efficiency. Near Infrared (NIR) analyzer is an
analytical instrument used to determine moisture, protein, fat and other
parameters in a food sample. NIR analyzers used in flour mills analyze wheat
and flour for moisture, protein and ash content. NIR analyzers monitor the
grain in all the steps of a milling process and give real-time access to
quality control parameters. This helps in minimizing manufacturing errors,
downtimes and rejections, thus improving flour quality and consistency. For
example, Castle Mill, a UK-based flour milling company is using NIR analyzers
to control flour milling process. DA 7250, an NIR analyzer offered by Perten
Instruments and NIRS DS2500 by FOSS are also being used for analysis in the
flour milling industry.
Companies included in the report are Archer
Daniels Midland Company, Ingredion Incorporated, Malteurop Groupe, GrainCorp
Malt, China Agri-Industries Holdings Limited, Bunge Limited, Agrana
Beteiligungs-Ag, Boortmalt Gr. Axéréal, Malteries Soufflet, and Global Bio-Chem
Technology Group Company Limited.
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