Rolling Mill Machine Market Value Soars at USD 26.7 billion by 2033

A crucial component within the food and beverage industry, the rolling mill machine serves as a versatile workhorse, performing essential tasks such as crushing, grinding, pulverizing, and mixing. In food and beverage applications, these machines are commonly employed to crush or grind ingredients into powders or pastes, as well as to blend various ingredients to create innovative flavors and textures.

Throughout the forecast period spanning from 2023 to 2033, the global rolling mill machine market is poised to exhibit a compound annual growth rate (CAGR) of 3.5%. By 2033, the market is anticipated to achieve a valuation of USD 26.7 billion, marking a notable increase from its 2023 valuation of USD 18.9 billion. Projections suggest that the global market is expected to experience a year-on-year (y-o-y) growth rate of 4.5% during the projected period.

While investing in a rolling mill machine entails significant upfront costs for food and beverage businesses, the potential returns include enhanced efficiency and productivity. When selecting a rolling mill machine, it is imperative to prioritize durability and ease of operation to maximize its benefits for the business.

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Drivers

The rising utilization of rolling mills for imparting intricate patterns onto metals and shaping furniture through the bending of straight metal sheets into curved forms is projected to fuel market growth.

Continual advancements, including improvements in dimensional precision, the utilization of higher-strength steels, integration of cooling mechanisms in hot rolling procedures, and the resultant weight reductions, are anticipated to stimulate sales within the industry.

Restraints

It’s worth noting that rolling mill machines exhibit optimal performance when working with materials that are easy to grind, such as cereal grains and corn, and may not be as effective with two-dimensional products or fibers.

Moreover, given the varied grind requirements, rolling mill machines necessitate additional operator inputs for adjusting the rolls accordingly, underscoring the importance of operator intervention in optimizing machine performance.

Key Companies

  • ABB Ltd.
  • Andritz AG
  • Robert Bosch GmbH
  • Fives Group
  • Hitachi Ltd.
  • JTEKT Corporation
  • Mitsubishi Heavy Industries Ltd.
  • Primetals Technologies Ltd.
  • SMS group GmbH
  • ThyssenKrupp AG

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Market Outlook by Category

By Operating Type:

  • Automatic
  • Semi-automatic

By Application:

  • Meat Processing
  • Dairy Processing
  • Bakery
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa (MEA)
  • RoW

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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