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The global rice milling machine market was valued at USD 1.2 billion in 2024 and is projected to grow at a CAGR of 4.1% between 2025 and 2034.
The rising global demand for processed rice products, coupled with the push for agricultural modernization in developing countries, is driving the need for more efficient milling solutions. Additionally, technological advancements such as automation, and energy-efficient systems are increasing operational efficiency and reducing costs. These innovations are especially appealing to both large-scale commercial mills and small-scale farmers seeking higher-quality rice at lower costs.
For instance, In November 2023, Buhler Group inaugurated a new factory in Long An province, Vietnam, aimed at strengthening its rice processing equipment production. This facility is designed to address the increasing demand for high-quality rice processing solutions in Southeast Asia. The plant is expected to produce several hundred machines annually, serving both the Vietnamese market and its neighbouring countries.
Government initiatives aimed at modernizing agriculture are driving the demand for advanced rice milling technology. Many countries are offering financial incentives and subsidies to encourage farmers and millers to adopt automated and efficient machinery. These initiatives help increase productivity and rice quality, thereby boosting the adoption of modern milling equipment across both small and large-scale operations.
For instance, in October 2024, Kisumu County partnered with the National Irrigation Authority (NIA) to boost rice production in the Nyando region. This initiative aims to expand rice production capacity in the Nyando belt, known for its agricultural potential. The scheme also focuses on enhancing rice milling capabilities, with plans to introduce advanced milling machines to improve the processing efficiency and quality of the harvested rice.
Rice milling machine industry from fully automatic rice milling machines held a 46% market share in 2024 and are expected to exceed USD 850 million by 2034, driven by their ability to enhance efficiency and precision through advanced automation.
The Asia Pacific region accounted for 48% of the market share in 2024 and is projected to surpass USD 900 million by 2034, driven by the adoption of automated and energy-efficient rice milling technologies, particularly in China.
The global market size for rice milling machine was valued at USD 1.2 billion in 2024 and is projected to reach USD 1.8 billion by 2034, driven by a CAGR of 4.1% during the forecast period, fueled by rising global rice consumption and production demands.
Major players in the industry include AG Growth International, Alvan Blanch Development, Buhler, Fowler Westrup, Hubei Bishan Machinery, Hubei Fotma Machinery, Lushan Win Tone Engineering, Mill Master Machinery, Satake, and Yamanoto.