Press release
Agriculture Silos & Storage Systems Market to Reach USD 6.53 Billion by 2030 : Trends, Growth Drivers, and Opportunities
MarketsandMarkets™
The agriculture silos and storage systems market [https://www.marketsandmarkets.com/Market-Reports/agriculture-silos-storage-systems-market-211869362.html] is projected to grow from USD 5.09 billion in 2025 to USD 6.53 billion by 2030, registering a CAGR of 5.1% during the forecast period. The global demand for effective food grain storage solutions continues to rise, driven by the need to minimize food loss and waste (FLW). Organizations such as the National Academy for Agricultural Sciences (India) emphasize the importance of reducing FLW through technological advancements in on-farm practices, expanding cold storage and cold chain capacities, and promoting efficient storage solutions like metal silos to enhance food security and logistics infrastructure.
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Market by Silo Type: Flat Bottom Silos Lead
Among silo types, flat bottom silos account for a major share of the global market. These silos are recognized for their cost-efficiency and suitability for long-term storage, preserving grain quality over extended periods. With capacities ranging from 250 to 20,000 tons, flat bottom silos are more affordable than conical silos and are widely used for both short-term and long-term storage of grains, oilseeds, and other free-flowing materials across diverse geographies.
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Market by Construction Material: Dominance of Metal/Steel
Metal and steel continue to dominate the materials segment, owing to their strength, longevity, and environmental resilience. Galvanized steel, in particular, offers high resistance to wind, moisture, and temperature extremes. Steel silos are typically prefabricated and assembled on-site, allowing for scalability across small and large agricultural operations. These silos are especially vital in countries with short harvest windows but high yields-such as the United States, Canada, Ukraine, and Brazil-for the storage of crops like corn, soybeans, wheat, barley, and canola.
Regional Outlook: Asia Pacific as the Fastest-Growing Market
The Asia Pacific region is expected to witness the fastest growth in the agriculture silos and storage systems market. This growth is fueled by rapid urbanization, increasing population, and expanding grain production in key economies such as China, India, Japan, Australia, and New Zealand. The region's grain production reached 1.2 billion metric tons in 2023, with rice and maize being the primary contributors. High post-harvest losses-estimated at 20-30% in India alone-underscore the urgent need for modern storage solutions. Flat bottom silos are favored for long-term storage, while hopper silos are increasingly used for grain exports. Steel silos, in particular, are essential for maintaining grain quality in humid climates.
Leading Agriculture Silos & Storage Systems Companies [https://www.marketsandmarkets.com/ResearchInsight/agriculture-silos-storage-systems-market.asp]:
The report profiles key players such as SUKUP MANUFACTURING CO. (US), AGI (Canada), MySilo (Turkey), Prado Silos (Spain), SYMAGA (Spain), TSC SILOS (Netherlands), Bentall Rowlands (UK), American Industries Partners (US), SRON SILO ENGINEERING CO. (China), TSC SILOS (Netherlands), Bentall Rowlands (UK), American Industries Partners (US), SRON SILO ENGINEERING CO. (China), and M.I.P Group (Belgium).
Recent Developments in the Agriculture Silos & Storage Systems Industry [https://www.marketsandmarkets.com/PressReleases/agriculture-silos-storage-systems.asp]:
* In April 2025, American Industries Partners (US) completed the acquisition of AGCO's Grain & Protein division, which has since been rebranded as Grain & Protein Technologies. This division specializes in grain storage and seed processing solutions, as well as feeding, watering, and climate control systems for protein production, primarily in poultry, swine, and egg sectors.
* In May 2024, Prado Silos (Spain) expanded its operational capacity with a new logistics center located near the company's production plant. This new facility, implemented in Barakaldo (Spain), will double the space available for logistics activities, bringing significant improvements in terms of flexibility, productivity, quality, and customer support while contributing to reducing the company's carbon footprint.
* In April 2025, Sukup Manufacturing (US) expanded its presence in Ames, Iowa. This location is home to the SynkTM Hub and will serve as a central point for evolving company culture and expanding the recruitment funnel for top engineering and technology talent.
* In February 2024, Prado Silos (Spain) expanded its productive capacity and competitiveness with new investments in the company's manufacturing plant. The acquisition of new profiling and bending machines allow the company greater control over the whole production process, optimizing the final results for each silo. With this new equipment, Prado Silos is making a crucial effort to respond to the continued increase in sales, expanding the range of solutions while reducing costs, delivery times and reliance on external suppliers.
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