PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762336
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762336
The agriculture silos and storage systems market size is expected to reach USD 7.75 billion by 2034, according to a new study by Polaris Market Research. The report "Agriculture Silos & Storage Systems Market Share, Size, Trends, Industry Analysis Report: By Silo Type (Flat Bottom, Hopper, Grain Bins, Square, Other), By Construction Material, By Application, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Agriculture silos and storage systems are specialized structures designed to store and preserve bulk agricultural products such as grains, seeds, fodder, and other harvested crops including, wheat, corn, rice, barley, and others. These systems play a crucial role in maintaining food security by preventing spoilage, protecting harvests from pests, moisture, and contamination, and ensuring a steady supply throughout the year. Silos come in various types, including tower silos, bunker silos, and bag silos, each suited for different storage needs and crop types.
The primary purpose of agricultural silos is to provide controlled storage conditions that extend the shelf life of crops. Proper aeration, temperature regulation, and moisture control help prevent mold growth, insect infestations, and fermentation. Modern silos often incorporate advanced technologies like automated climate monitoring, ventilation systems, and fumigation techniques to enhance storage efficiency. Additionally, grain storage systems may include silo bags, warehouses, and metal or concrete bins, offering scalable solutions for small-scale farmers and large agribusinesses.
In terms of silo type, the flat bottom segment accounted for a major market share in 2024 due to its high storage capacity, long-term grain preservation capabilities, and widespread use in large-scale farming operations.
Based on construction material, the steel segment dominated the market share in 2024 due to its superior strength-to-weight ratio, durability, and ease of installation.
In terms of application, the food storage segment held the largest market share in 2024 due to growing global concerns around food security, rising grain consumption, and increased investments in post-harvest infrastructure.
North America agriculture silos & storage systems market accounted for 38.12% global market share in 2024. This dominance is attributed to the need to enhance grain storage capacity and reduce post-harvest losses.
US held 34.52% North America agriculture silos & storage systems market share in 2024 due to its major stake in grain exporting which require robust storage infrastructure to maintain quality and meet international standards.
The market in Asia Pacific is projected to grow at a robust pace in the coming years, owing to the rising food security concerns and increasing agricultural production in countries like China, Australia, and India.
The market in Europe is projected to hold a substantial market share in the coming years, owing to stringent EU food safety and quality regulations.
A few global key market players include AGI, Ahrens Agri, CST Industries, Mysilo, Prado Silos, Rostfrei Steels, Silos Cordoba, Sioux Steel Company, Sukup Manufacturing Co, Superior Grain Equipment, and Symaga.
Polaris Market Research has segmented the market report on the basis of silo type, construction material, application, and region:
By Silo Type Outlook (Revenue, USD Billion, 2020-2034)
Flat Bottom
Hopper
Grain Bins
Square
Other
By Construction Material Outlook (Revenue, USD Billion, 2020-2034)
Steel
Concrete
Others
By Application Outlook (Revenue, USD Billion, 2020-2034)
Food Storage
Farm Products
Processing & Industrial Use
Others
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America