Global Grain Silos and Storage System Market Trends, Analysis and Forecast

The global grain silos & storage system market size is estimated to be valued at USD 1.3 billion in 2020 and is expected to reach a value of USD 1.6 billion by 2025, growing at a CAGR of 4.8% during the forecast period. The growth of the grain silos and storage system market is driven by factors such as the increase in production of high-quality grains through effective storing, and efficient post-harvest management of grains to drive the market growth. 

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The on- and off-farm grain storage capacity has reached nearly 20% in the last few years, according to the US Department of Agriculture, with some of the major gains of more than 30% in North and South Dakota in North America, as farmers had switched to corn, which yields nearly twice as many bushels per acre than the area’s traditional wheat crop. Thus, firms, such as CTB, which is a subsidiary of Warren Buffett’s Berkshire Hathaway Inc. (US), are developing advanced metal grain storage silos that are used across North America.

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Some of the major players operating in the grain silos and storage system market include AGCO Corporation (US), AGI (Canada), Silos Córdoba (Spain), PRADO SILOS (Spain), Symaga (Spain), SIMEZA (Spain), Bentall Rowlands Silo Storage Ltd (UK), Mysilo (Turkey), Sukup Manufacturing Co. (US), MICHAL (Poland), Privé SA (France), Dehsetiler Makina (Turkey), MULMIX SpA Unipersonale (Italy), Polnet Sp. z o.o. (Poland), Brock Grain Systems (US), Behlen Mfg. Co. (US), SCAFCO Grain Systems Co. (US), Sioux Steel Company (US), Superior Grain Equipment (US), and Hoffmann, Inc. (US).

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