PUBLISHER: The Business Research Company | PRODUCT CODE: 1710342
PUBLISHER: The Business Research Company | PRODUCT CODE: 1710342
Grain storage facilities are structures or systems built to store harvested grain, safeguarding it from spoilage, pests, and environmental conditions until it is required for processing or sale. These facilities employ advanced technology and infrastructure to maintain the grain in optimal condition, thereby reducing losses from spoilage or pest infestation.
The primary types of grain storage facilities include steel silos, metal silos, and other variations. Steel silos are cylindrical containers made of steel, designed to store bulk grains such as rice, wheat, maize, and other agricultural products, offering protection against pests and environmental influences. These facilities are utilized for storing various commodities such as rice, wheat, maize, soybean, sunflower, and more, and find applications in farms, major ports, the food industry, and other sectors.
The grain storage facilities market research report is one of a series of new reports from The Business Research Company that provides grain storage facilities market statistics, including grain storage facilities industry global market size, regional shares, competitors with a grain storage facilities market share, detailed grain storage facilities market segments, market trends and opportunities, and any further data you may need to thrive in the grain storage facilities industry. This grain storage facilities market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The grain storage facilities market size has grown strongly in recent years. It will grow from $1.69 $ billion in 2024 to $1.79 $ billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increasing protection of grain from weather and pests, increasing employment, increasing scientific storage methods, increasing crop yields and production, and increasing awareness of environmental impact.
The grain storage facilities market size is expected to see strong growth in the next few years. It will grow to $2.31 $ billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to transportation infrastructure, government policies, international trade dynamics, shifts in consumer preferences, and evolving safety regulations and standards. Major trends in the forecast period include the advancement of data analytics, the enhancement of security systems, the integration of grain storage systems, robust backup systems, and remote monitoring and control.
The increasing demand for crops is expected to drive the growth of the grain storage facilities market. This rise in crop consumption stems from changing dietary habits, economic growth, efforts to improve food security, agricultural advancements, and the increased use of crops for biofuels and industrial applications, along with the effects of climate change. Grain storage facilities support crop consumption by preserving grain quality and availability, minimizing post-harvest losses, stabilizing market prices, and ensuring a consistent food supply throughout the year. For example, the Department for Environment, Food, and Rural Affairs reported in October 2022 that cereal straw production in 2021 reached 8.6 million metric tons, marking a 41% increase from the 6.1 million metric tons produced in 2020. Therefore, the rise in crop consumption is fueling the growth of the grain storage facilities market.
Leading companies in the grain storage facilities market are focusing on developing advanced solutions, such as innovative grain monitoring technologies, to boost operational efficiency and maintain the quality of stored grains. Grain monitoring solutions involve advanced systems designed to continuously track and manage conditions such as temperature and moisture to prevent spoilage and optimize storage efficiency. For instance, in April 2024, Embratel, a Brazil-based telecommunications firm, launched Smart Silo, a grain monitoring solution for agribusiness. It features real-time monitoring of critical storage parameters, automated alerts, an intuitive user interface, online self-diagnosis, and quality control assurance to enhance efficiency and profitability in grain storage operations.
In July 2024, Mitchells Group, a UK-based provider of bulk material conveying equipment, acquired Allied Grain Systems for an undisclosed amount. This acquisition aims to strengthen Mitchells Group's position in the bulk handling and storage sector, expanding its capabilities to better serve farmers and agribusinesses across key international markets. Allied Grain Systems, based in Australia, manufactures grain storage and handling equipment.
Major companies operating in the grain storage facilities market are Cargill Incorporated, AGCO Corporation, Kepler Weber S.A., CTB Inc., Global Industries Inc., Ag Growth International Inc., GSI Group Inc., Behlen Manufacturing Company, CST Industries Inc., Sukup Manufacturing Co., SCAFCO Grain Systems Company, Sioux Steel Company, Agrosaw, Brock Grain Systems, Cimbria A/S, Symaga S.A., Tornum AB, Hanson Silo Company, Silos Cordoba S.L., Superior Grain Equipment, Westeel Ltd., Polnet Sp. z o.o., Mulmix S.p.A., Prado Silos
North America was the largest region in the grain storage facilities market in 2023. The regions covered in the grain storage facilities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the grain storage facilities market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The grain storage facilities market consists of sales of grain elevators, concrete silos, flat storage warehouses, and grain bins. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Grain Storage Facilities Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on grain storage facilities market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for grain storage facilities ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The grain storage facilities market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.