Grains Silo & Storage Systems Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, Segmented By Silo Type, By Commodity Type, By Region and Competition, 2020-2030F
Global Grains Silo & Storage Systems Market was valued at USD 2.24 billion in 2024 and is expected to reach USD 2.78 billion by 2030 with a CAGR of 3.67% during the forecast period. Global Grains Silo & Storage Systems Market stands at the intersection of innovation, challenges, and opportunities. Addressing climate variability, navigating regulatory landscapes, and implementing effective pest management are crucial for the industry's sustained growth. Simultaneously, the market thrives on the increasing demand for grains, the modernization of agriculture, and global initiatives promoting food security. As technology continues to advance, the grains storage sector must remain agile and proactive, contributing to a world where the bounty of the harvest is efficiently stored, safeguarded, and accessible to meet the needs of a growing population.
Market Overview
Forecast Period
2026-2030
Market Size 2024
USD 2.24 Billion
Market Size 2030
USD 2.78 Billion
CAGR 2025-2030
3.67%
Fastest Growing Segment
Hopper Silos
Largest Market
Asia Pacific
According to the Global Agricultural Information Network under the National Agricultural Statistics Service (NASS) of the U.S. Department of Agriculture, on-farm storage in the U.S. reached 15.58 billion bushels in 2022, with Iowa alone contributing 2.05 billion bushels. Additionally, off-farm grain storage in the U.S. was recorded at 11.822 billion bushels in December 2022, showing a slight increase from 11.817 billion bushels in the previous year. This rise in storage capacity reflects the growth in grain production. As production continues to increase, the demand for storage is expected to be met by the addition of more silos, further boosting this segment.
Key Market Drivers
Population Growth
The burgeoning population translates to heightened demand for staple grains like wheat, rice, and corn, prompting agricultural sectors to boost production to meet consumption requirements. This surge in grain production, however, necessitates robust storage infrastructure to ensure the preservation of harvests and prevent post-harvest losses. Grains silo and storage systems emerge as the linchpin in addressing this challenge, offering a controlled and secure environment for storing vast quantities of grains. These systems not only act as a buffer against supply chain disruptions but also enable farmers and agribusinesses to strategically manage their produce to meet the escalating global demand.
According to World Bank data, the global population, which reached 8.02 billion in 2023, is expected to grow to 9.7 billion by 2050. As the population continues to rise and agricultural demands evolve, the need for efficient grain storage solutions becomes even more crucial. Furthermore, the globalization of food supply chains amplifies the importance of efficient storage solutions. Grains silo systems play a pivotal role in facilitating the seamless movement of grains across borders, ensuring a stable and resilient supply chain in the face of varying climatic conditions and geopolitical challenges.
Key Market Challenges
Climate Variability
The Global Grains Silo & Storage Systems Market faces a formidable adversary in the form of climate variability, a challenge that reverberates throughout the entire supply chain. As the climate becomes increasingly unpredictable, the storage of grains encounters hurdles that demand innovative solutions. Extreme temperatures, fluctuating humidity levels, and unpredictable weather patterns pose a direct threat to the quality and safety of stored grains. Traditional storage systems designed for stable climates are now grappling with the need to adapt to these dynamic conditions. The heightened risk of spoilage, mold, and infestations necessitates a paradigm shift in storage practices.
Furthermore, the frequency and intensity of extreme weather events, such as storms and floods, expose grains stored in silos to potential damage. Reinforcing storage infrastructure to withstand these environmental challenges becomes imperative, adding a layer of complexity to the industry. Addressing climate variability requires the integration of advanced technologies into grain storage systems. Climate-controlled silos, real-time monitoring systems, and precision agriculture techniques offer promising avenues for mitigating the impact of climate change on stored grains. However, the implementation of such solutions comes with its own set of challenges, including high upfront costs and the need for continuous adaptation to evolving climate patterns.
Key Market Trends
Adoption of IoT and Automation
In a paradigm shift for the Grains Silo & Storage Systems Market, the adoption of Internet of Things (IoT) and automation emerges as a transformative force, reshaping the industry's landscape and enhancing operational efficiency. These advanced technologies bring a wave of innovation, providing real-time insights and control over grain storage facilities. IoT technologies enable the integration of smart sensors within storage systems, facilitating continuous monitoring of environmental conditions such as temperature, humidity, and pest activity. This real-time data is then leveraged to optimize storage conditions, ensuring grains are preserved at their highest quality. Automated systems take this a step further, allowing for precision control and immediate responses to fluctuations, reducing the risk of post-harvest losses.
The seamless connectivity afforded by IoT empowers stakeholders to remotely monitor and manage storage facilities, providing unparalleled flexibility and efficiency. With automated alerts and predictive maintenance capabilities, potential issues can be identified and addressed proactively, minimizing downtime and maximizing operational continuity. Furthermore, the adoption of IoT and automation aligns with broader industry trends toward sustainability. By optimizing resource usage and reducing waste, these technologies contribute to a more environmentally conscious approach to grain storage.
Key Market Players
AGCO Corporation
Silos Cordoba
Prado Silos
Bentall Rowlands Silo Storage Ltd
Sukup Manufacturing Company
Brock Grains Systems
Hoffmann Inc
Sioux Steel Company
Prive SA
Behlen Manufacturing Company
Report Scope:
In this report, the Global Grains Silo & Storage Systems Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Grains Silo & Storage Systems Market, By Silo Type:
Flat Bottom Silos
Hopper Silos
Grains Bins
Others
Grains Silo & Storage Systems Market, By Commodity Type:
Rice
Maize
Wheat
Soyabean
Sunflower
Others
Grains Silo & Storage Systems Market, By Region:
North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia-Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Grains Silo & Storage Systems Market.
Available Customizations:
Global Grains Silo & Storage Systems market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Applications
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Impact of COVID-19 on Global Grains Silo & Storage Systems Market
5. Global Grains Silo & Storage Systems Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Silo Type (Flat Bottom Silos, Hopper Silos, Grains Bins, Others)
5.2.2. By Commodity Type (Rice, Maize, Wheat, Soyabean, Sunflower, Others)
5.2.3. By Region
5.2.4. By Company (2024)
5.3. Market Map
6. Asia Pacific Grains Silo & Storage Systems Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Silo Type
6.2.2. By Commodity Type
6.2.3. By Country
6.3. Asia Pacific: Country Analysis
6.3.1. China Grains Silo & Storage Systems Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Silo Type
6.3.1.2.2. By Commodity Type
6.3.2. India Grains Silo & Storage Systems Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Silo Type
6.3.2.2.2. By Commodity Type
6.3.3. Australia Grains Silo & Storage Systems Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Silo Type
6.3.3.2.2. By Commodity Type
6.3.4. Japan Grains Silo & Storage Systems Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Silo Type
6.3.4.2.2. By Commodity Type
6.3.5. South Korea Grains Silo & Storage Systems Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Silo Type
6.3.5.2.2. By Commodity Type
7. Europe Grains Silo & Storage Systems Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Silo Type
7.2.2. By Commodity Type
7.2.3. By Country
7.3. Europe: Country Analysis
7.3.1. France Grains Silo & Storage Systems Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Silo Type
7.3.1.2.2. By Commodity Type
7.3.2. Germany Grains Silo & Storage Systems Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Silo Type
7.3.2.2.2. By Commodity Type
7.3.3. Spain Grains Silo & Storage Systems Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Silo Type
7.3.3.2.2. By Commodity Type
7.3.4. Italy Grains Silo & Storage Systems Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Silo Type
7.3.4.2.2. By Commodity Type
7.3.5. United Kingdom Grains Silo & Storage Systems Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Silo Type
7.3.5.2.2. By Commodity Type
8. North America Grains Silo & Storage Systems Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Silo Type
8.2.2. By Commodity Type
8.2.3. By Country
8.3. North America: Country Analysis
8.3.1. United States Grains Silo & Storage Systems Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Silo Type
8.3.1.2.2. By Commodity Type
8.3.2. Mexico Grains Silo & Storage Systems Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Silo Type
8.3.2.2.2. By Commodity Type
8.3.3. Canada Grains Silo & Storage Systems Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Silo Type
8.3.3.2.2. By Commodity Type
9. South America Grains Silo & Storage Systems Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Silo Type
9.2.2. By Commodity Type
9.2.3. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Grains Silo & Storage Systems Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Silo Type
9.3.1.2.2. By Commodity Type
9.3.2. Argentina Grains Silo & Storage Systems Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Silo Type
9.3.2.2.2. By Commodity Type
9.3.3. Colombia Grains Silo & Storage Systems Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Silo Type
9.3.3.2.2. By Commodity Type
10. Middle East and Africa Grains Silo & Storage Systems Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Silo Type
10.2.2. By Commodity Type
10.2.3. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Grains Silo & Storage Systems Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Silo Type
10.3.1.2.2. By Commodity Type
10.3.2. Saudi Arabia Grains Silo & Storage Systems Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Silo Type
10.3.2.2.2. By Commodity Type
10.3.3. UAE Grains Silo & Storage Systems Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Silo Type
10.3.3.2.2. By Commodity Type
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Recent Developments
12.2. Product Launches
12.3. Mergers & Acquisitions
13. Global Grains Silo & Storage Systems Market: SWOT Analysis