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(IT-NEWSWIRE.COM, October 26, 2017 ) Market Highlights:
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.
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Key Players of India Color Sorter Market:
Satake India Engineering
Buhler Group
Fowler Westrup
Key Technology
Hefei Meiya Optoelectronic Technology Inc.
Anhui Zhongke Optic-electronic Color Sorter Machinery Co., Ltd.
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.
Brief TOC:
1 Introduction
1.1 Definition
1.2 Scope of the Study
1.3 Assumptions
1.4 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Dynamics
3.1 Drivers, Restraints and Trends of India Color Sorter Market
3.2 Drivers
3.2.1 Advancement in terms of new technology and innovation
3.2.2 Growing demand from agricultural sector
3.3 Restraints
3.3.1 High cost
3.4 Opportunities
3.4.1 Growing awareness regarding adulteration
Continue
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Target Audience:
Organizations
Manufacturer
Research Institute / Education Institute
Potential Investors
About Market Research Future:
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