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Hammer Mill Market Is Expected To Expand At A CAGR Of 4.3% To Reach A Valuation Of US$ 1,016 Mn By 2032

The global hammer mill market size stood at around US$ 641.3 Mn in 2021 and is expected to expand at a CAGR of 4.3% to reach a valuation of US$ 1,016 Mn by 2032.

Hammer mills are equipment that reduces bulky, mobile materials like rock and mineral ores to minute fragments. Hammer mills are used for a variety of tasks, including grinding grain into coarse flour in farm equipment and the production of fruit juice, ethanol, paper shredding, and waste management systems.

The demand for hammer mills grew at a 3.4% CAGR from 2017 to 2021 and is predicted to increase by 4.3% in 2022. Through 2032, sales are expected to increase by 1.5 times. Sales in the market are being driven by better machine applications, a preference for high-quality goods across several industries, as well as the incorporation of smart devices into machinery.

There are many different hammer mill designs on the market, each with a special set of advantages. Due to their low vibration and noise levels, they are excellent for use in residential areas. However, due to their durability and low maintenance requirements, they are also a wise investment for commercial applications. Due to their diverse processing capabilities, they are used in a wide range of industries.

Hammer mills are incredibly flexible machinery. They are used for many things, such as the production of feed and biomass. They are effective and able to manage large amounts of material.

Therefore, hammer mills are increasingly being installed in plants, amid growing worries regarding renewable energy sources. Finding stable energy sources is becoming challenging, which is why many businesses are seeking methods to improve their efficiency.

Sales of solar-powered hammer mills are expected to increase in the upcoming years as they gain popularity. These mills benefit the community and the environment in many ways. One of the main benefits of a solar-powered hammer mill is that it doesn’t need any fuel. This is economical and environmentally friendly. These mills might also be used by people living in remote areas without access to electricity

Utilizing a solar hammer mill also helps prevent deforestation, which is another benefit. The mill can convert biomass into fuel, reducing the requirement for wood as a source of energy. This helps to protect the environment and preserve the forests.

The U.S. held around 79.4% of the North American hammer mill market in 2021. Breakfast cereals are the most common item purchased in grocery stores in the U.S. Almost 283 million U.S individuals consume breakfast cereal. Every year the consumption of cereals tends to increase in the U.S as it is available easily and is a healthy option.

China held around 63.3% of the East Asia hammer mill market in 2021. The growth in the market is primarily driven by its usage in the pharmaceutical sector.

Over the forecast period, the hammer mill market in Germany is projected to grow at a CAGR of 3.9%. Germany is amongst the top 10 countries in global primary energy consumption as of 2020. Germany is a large coal producer as well.

Consumer interests and preferences are evolving constantly and becoming more individualized. Both quick, healthy snacks and wholesome snacks that allow consumers to skip lengthy meal intervals are becoming more and more popular.

Hammer mills are employed to process fruit and vegetable raw materials to obtain pulp. Thus, hammer mills are very convenient to use in the food processing industry.

Key Players:

  • Andritz
  • Sandvik AB
  • Manfredini & Schianchi Srl
  • Prater Industries
  • Kurimoto Group
  • Hosokawa Micron Corporation
  • Rasa Corporation
  • Lehra Fuel Tech Pvt Ltd
  • Perkin Elmer
  • Kahl & Schlichterle
  • Schenck Process Holding Ltd Gmbh
  • Gebr Bellmer Gmbh Maschinenfabrik
  • Doppstadt

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