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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