Global Wet-Milling Market is expected to grow at a healthy CAGR of 1.233% in the forecast period 2020 to 2027. The years considered for study are as mentioned below.
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Wet-milling market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments in expanding their production facility for manufacturing of different wet-millingvarious acquisitions and partnership to enter in specific market have led the manufacturers to established their foot prints.
The major players dealing in the global wet-millingmarket are introducing strong range of product portfolio. This has alsohelped the company to maximize the sales with enhanced product portfolio. For instance, in October 2019, Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions doubled the capacity of its non-GMOMALTOSWEET® Maltodextrin production line at its facility in Boleraz, Slovakia. MALTOSWEET® Maltodextrin is a nutritive corn-based speciality sweetener. This expands the production capacity to serve increasing demand.
GEA Group Aktiengesellschaft is the dominating player in global wet-milling market. The other key players existing in the market includes Tate & Lyle, Cargill, Incorporated., ADM, Global Bio-chem Technology Group Company Limited., Grain Processing Corporation, Roquette Frères., AGRANA Beteiligungs-AG, Ingredion Incorporated., ANDRITZ, INGETECSA, Thai German Processing Co., Ltd., Henan Yonghan Machinery Equipment Co., Ltd., NETZSCH-Feinmahltechnik GmbH, Hanningfield Process Systems Ltd, Willy A. Bachofen AG and Universal Engineers, among others.
GEA Group Aktiengesellschaft
GEA Group Aktiengesellschaft is headquartered in Düsseldorf, Germany was founded in 1881.The company provides variety of products like automation & control systems, brewing systems, centrifuges & separation equipment, chillers & heat pumps, cleaners, sterilizers, compressors, distillation & fermentation systems, dryers & particle processing plants, emission control systems, evaporators & crystallizers, farm equipment, filling & packaging systems, food processing systems, freezers, granulators, homogenizers, liquid processing systems, membrane filtration systems, milking systems, milling systems, mixers & blenders, pasta, snacks & breakfast cereals systems, product handling systems, pumps & valves, tablet presses and vacuum systems. The company deals in several equipment including the milling systems and others.
- In March 2020, GEA group announced the launch of centrifugal pumps in the U.S. The new pumps will target the U.S. food and beverages market. The new pump is more efficient easy to cool. This increases the geographical reach and product range of the company.
The company has wide global presence across the globe such as in Europe, Asia-Pacific, Middle East & Africa and North America. In addition to it, the company also generates its revenue from the various subsidiary companies such as GEA Farm Technologies (Germany), GEAWestfalia Separator (Germany), GEA Bock (Germany), Metallgesellschaft (Metallgesellschaft AG) (Germany), GEATuchenhagen GmbH (Germany) and others.
ALFA LAVAL
ALFA LAVAL is headquartered in Lund, Sweden and was founded in 1883. Company offers equipment for various sectors such as food, beverage and dairy industry. The company deals in different products including biotech and pharmaceuticals, HVAC, refrigeration, energy, semiconductor and electronics, machinery and manufacturing, steel, chemicals, marine and transportation, water and waste treatment, food, dairy and beverage, mining, minerals and pigment, home and personal care and pulp and paper.
- In June 2018, Alfa Laval announced the launch of UniDisc as a centrifugal separator. The new innovation provided higher strength to construction with better level of hygiene. This increased the product portfolio of the company.
The company has wide global presence across the globe such as inAsia, Europe, Latin America and theU.S. In addition to it, the company also generates its revenue from the various subsidiary companies such as Framo AS (Norway), Kathabar Dehumidification Systems, Inc. (U.S.), Aalborg Shipyard (Denmark), Tranter Pressko GmbH (Germany), Nitrile India Pvt Ltd (India) and others.
Bühler AG
Bühler AG is headquartered in Uzwil, Switzerland. The company focuses on producing advanced materials. The company offers wide range of solutions including food and feed and advanced materials, among which advanced materials is the market focused solution.
- In August 2019, Buhler announced the launch of Mill E3 as a new machinery of industrial mills. The new machinery provided with cost-effective investments and energy consumption. This increased the customer base and product portfolio of the company.
The company has wide global presence across the globe such as in North America, South America, Europe, Middle East and Africa and Asia. In addition to it, the company also generates its revenue from the various subsidiary companies such as Buhler UK, Haas Food Equipment GMBH (Germany), Buhler Prince, Inc. (U.S.), Buhler GmbH (Germany), Hosokawa Bepex GmbH (Germany) and others.
