Impact Of Increasing Agricultural Productivity On The Growth Of The Grain Storage Silos Market: Powering Innovation and Expansion in the Grain Storage Silos Market by 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Grain Storage Silos Market Through 2025?
The market size for grain storage silos has experienced robust growth over the past few years. The market, which totaled $1.58 billion in 2024, is projected to increase to $1.66 billion in 2025, demonstrating a Compound Annual Growth Rate (CAGR) of 5.2%. Factors such as the ballooning animal feed industry, a move towards eco-friendly agricultural methods, efficient global supply chains, heightened export activities, and increased consciousness of food wastage have contributed to growth during the historic era.

What's the Projected Size of the Global Grain Storage Silos Market by 2029?
Expectations are set for a consistent rise in the grain storage silos market size in the years to come, reaching $2.01 billion in 2029, boasting a compound annual growth rate (CAGR) of 4.9%. The surge during this forecast period is attributed to the escalating global grain demand, amplification of agricultural yield, governmental drives and subsidies, growth in agro-based ventures, and concerns over food safety. Top trends during this projected period encompass advancements in storing techniques, adoption of intelligent silos, adoption of vertical storage methods, progression in grain dehydration technology, and advancements in silo management software.

View the full report here:
https://www.thebusinessresearchcompany.com/report/grain-storage-silos-global-market-report

Top Growth Drivers in the Grain Storage Silos Industry: What's Accelerating the Market?
The escalation in agricultural productivity is predicted to drive the growth of the grain storage silos industry. This productivity spike is a result of technological advancements, refined farming techniques, and adopting high-yield crop types. Grain storage silos supplement agricultural productivity by promoting efficient storage of harvested grains, cutting down spoilage and wastage, and facilitating effective supply and demand management throughout the year. For example, a report by the UK's Department for Environment, Food and Rural Affairs from February 2024 stated that agriculture added $15.3 billion (£13.9 billion), or 0.6% of GDP, to the UK's economy as gross value added (GVA) at base prices in 2022. This showcased a $1.98 billion (£1.8 billion) hike, marking a 15% growth from 2021. Moreover, the total income from farming (TIFF) in the UK experienced a $1.2 billion (£1.1 billion) growth or 17%, totaling at $8.6 billion (£7.9 billion) in 2022. Consequently, the surge in agricultural productivity is magnifying the grain storage silos market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19489&type=smp

What Trends Will Shape the Grain Storage Silos Market Through 2029 and Beyond?
Leading firms in the grain storage silos market are prioritizing the development of high-tech solutions, like grain monitoring systems, to provide instantaneous data on important factors. Grain monitoring systems are engineered to oversee and regulate vital specifications such as temperature, moisture, and stock volumes inside grain storage facilities to uphold excellent quality and deter decay. For example, in April 2024, Embratel, a digital solutions firm originated from Brazil, rolled out Smart Silo, an innovative solution for observing grain storage that integrates Internet of Things (IoT) technology, large data arrays, and artificial intelligence (AI) to fine-tune environmental conditions and assure the caliber of stored grains. It provides on-the-spot data on crucial parameters like temperature, humidity, and CO2 levels, equipping producers with the details they need to make sound decisions and avoid losses due to spoilage or gas outflows. The Smart Silo streamlines operations and boosts safety by automating previously manual measurements, thereby transforming grain management in the agriculture industry.

What Are the Main Segments in the Grain Storage Silos Market?
The grain storage silosmarket covered in this report is segmented -

1) By Product Type: Flat Bottom Silos, Hopper Silos, Grains Bins, Other Product Types
2) By Capacity: Below 50 Tons, 50-300 Tons, 301-1000 Tons, Above 1000 Tons
3) By Application: Farm, Large Ports, Food Industry, Other Applications

Subsegments:
1) By Flat Bottom Silos: Large Capacity Flat Bottom Silos, Medium Capacity Flat Bottom Silos, Small Capacity Flat Bottom Silos
2) By Hopper Silos: Conical Hopper Silos, Mass Flow Hopper Silos, Standard Hopper Silos
3) By Grain Bins: Steel Grain Bins, Galvanized Grain Bins, Fabricated Grain Bins
4) By Other Product Types: Silos with Aeration Systems, Modular Silos, Portable Silos, Integrated Storage Solutions

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=19489&type=smp

Which Top Companies are Driving Growth in the Grain Storage Silos Market?
Major companies operating in the grain storage silos market are Ag Growth International Inc., Behlen Manufacturing Co., Sukup Manufacturing Co., Mysilo, Chief Industries, Ahrens Group Pty Ltd., Sioux Steel Company, Roxell, Agrosaw, Symaga, Alvan Blanch Development Co., Rostfrei Steels Co., Tornum AB, Silos Cordoba Co., Superior Grain Equipment, ABC Hansen Africa Ltd., Buschhoff, Kotzur Pty Ltd., Moylan Grain Silos, Mulmix Spa, Nelson Silos, Prado Silos, RIELA, SIMEZA Silos, Stolz Engineering Pte Ltd.

Which Regions Will Dominate the Grain Storage Silos Market Through 2029?
North America was the largest region in the grain storage silos market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the grain storage silos market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19489

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.