Report Details:
15 Companies Covered
110 Pages
Pune, India, July 06, 2017 /MRFR Press Release/- Market Research Future published a cooked research report on India color sorter market. The Indian market for color sorter is majorly driven by due to increase demand from agricultural sector.
India Color Sorter Market Growth Highlights:
India color sorter Market Size was valued at USD 215.8 Billion in 2023. India color sorter market industry is projected to grow from USD 231.1 Billion in 2024 to USD 400.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.1% during the forecast period (2024 - 2032).
The India Color Sorter Market is anticipated to witness the growing market due to changing scenario of Indian agriculture and especially agro-based processing industries. The small and medium rice mills, seeding and food grain processing industries are seen demanding more of such machineries to facilitate the operations of color sorting. Such machineries reduce the human labor and thus the human errors.
The market is highly driven by the increasing awareness about food adulteration. This is backed by the healthy economic indicators in India such as increased disposable income of average household in the country. This has led to increased demand of clean and packaged agro-based products such as rice, wheat and other grains. The processing companies in order to cater to the need of the people demand more of such machineries and thus the market has expanded over the years.
Taste the market data and market information presented through more than 20 market data tables and 15 figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The India Color Sorter Market Report -Forecast to 2022”.
Key Players:
The prominent players in the India Color Sorter Market includes - Satake India Engineering, Buhler Group, Fowler Westrup, Tomra, Orange, Sea, Key Technology, Hefei Meiya Optoelectronic Technology Inc., Anhui Zhongke Optic-electronic Color Sorter Machinery Co., Ltd., and Hefei TAIHE Optoelectronics Technology Co., Ltd.
Market Research Future Analysis:
Market Research Future analysis show that the market of India color sorter market is estimated to grow at 5.16% CAGR during 2016-2022. North India is expected to lead the market with the largest market share and is expected to a market size of USD 7.5 million by the end of 2022. The region is marked with increased investment by the government to promote the agro-based industries in the country. Also, the demographic features of North India is such that supports agriculture and contributes maximum to the GDP of the country. The region offer flourishing markets for the national as well as international players to expand its operations. South India is the second largest market and is expected to grow at 1.78% CAGR during the forecast period. The region is majorly known for the rice farming and offers opportunities for color sorter companies across its rice milling industries. India Color Sorter Market Size, 2015-2022 (USD Million):
Access Report Details @ https://www.marketresearchfuture.com/reports/india-color-sorter-market-3569
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