Increasing use of grain silos and storage facilities, especially in large-scale farming operations is expected to drive the Grain Silos Storage System Market

Market Research Future (MRFR) has published a cooked research report on the “Global Grain Silos Storage System Market” that contains information from 2018 to 2032. The grain silos storage system market is estimated to register a CAGR of 5.30% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global grain silos storage system market - PRADO SILOS, AGCO Corporation., AGI, Silos Córdoba, Silos Metálicos Zaragoza S.L.U., Bentall Rowlands Silo Storage Ltd., MYSILO / SFA GROUP, Sukup Manufacturing., Dehsetiler Makina, MULMIX S.r.l., Polnet Sp. z o. o., CTB, INC., Behlen Mfg. Co., SCAFCO Grain Systems Co., Sioux Steel Company., Symaga., Superior Grain Equipment, and Hoffmann, Inc., among others.

Grain Silos Storage System Market Highlights

The global grain silos storage system market is accounted to register a CAGR of 5.30% during the forecast period and is estimated to reach USD 2.387 billion by 2032.

The key market drivers that will continue to boost the growth rate are rapid urbanization and rising levels of disposable income among people. Additionally, rising post-harvest losses and food waste will encourage the sale of grain silos, boosting the market for grain silos and storage systems. The market for grain silos and storage systems will grow at a faster rate as a result of additional variables, such as the rise in applications from emerging economies. In addition, the market for grain silos and storage systems will benefit from profitable and rewarding growth prospects due to the quick technical breakthroughs in silos' characteristics.

Segment Analysis

The global grain silos storage system market has been segmented based silo type and commodity type.

On the basis of silo type, the market is segmented into Flat bottom silos, Hopper silos, Grains bins and Other silo types (bags, bunkers, towers, and synthetic silos). The flat bottom silos segment was attributed to holding the largest market share in 2022. These silos may be built quickly and have cheap storage costs. They are strongly recommended for grains that will be stored for a long time.

Based on commodity type, the global grain silos storage system market has been segmented into Rice, Maize, Wheat, Soybean, Sunflower and Other commodity types (barley and sorghum). The maize segment was expected to hold the largest market share in 2022. Due to its versatility and adaptability as a crop, maize would experience positive growth. They are at a great danger of harm due to their high value and significance in parts of the USA and India.

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Regional Analysis

The global grain silos storage system market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe grain silos storage system market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The grain silos storage system market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World grain silos storage system market comprises of Middle East, Africa, and Latin America.

The largest market share for grain silos storage system was maintained by the North American regional sector due to the increasing quantity of technological advancements in this field. The adoption of different energy-saving techniques as well as a rising understanding of the need of adequate grain storage to avoid rotting and maintain grain quality are driving demand for grain silos and storage systems in North America.

Moreover, the Europe market has been persistently growing over the forecast period. The food and beverage sector, including food producers and logistics firms, is in increasing need of efficient grain storage solutions in order to retain grain quality, prevent rotting, control temperature, and assure food safety along the supply chain.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The development of silos presents enormous investment potential, and the region also offers farmers promising agricultural programs as well as increased consumption of important crops like maize and rice. The market demand in the area is positively impacted by all of these elements.

Furthermore, the rest of the world's grain silos storage system market is divided into the Middle East, Africa, and Latin America. The rest of world’s grain silo sales are expected to increase as a result of the existence of major market players as well as the accessibility of effective grain silos equipped with electrical loaders and dischargers, moisture sensors, computer systems, grain level sensors, aerators, cameras, and dryers.

Key Findings of the Study

• The global grain silos storage system market is expected to reach USD 2.387 billion by 2032, at a CAGR of 5.30% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market


• Based on silo type, the flat bottom silos segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.