세계의 곡물 사일로 및 창고 시장 예측(2024-2029년)

The grain silo and storage market is projected to rise at a compound annual growth rate (CAGR) of 3.63% to reach a market valuation of US$ 1,763.773 million by 2029, from US$ 1,374.182 million in 2022.

The surge in grain storage needs, particularly from prominent grain-producing nations like Russia, India, Brazil, and the United States, is a significant factor propelling market growth in the projected timeframe. As an illustration, the International Grain Council projects that the production of grains, encompassing wheat and coarse grains, for the 2023-24 period is expected to remain steady at 2,304 million tons. This uptick in grain production necessitates a corresponding rise in demand for effective storage solutions.

As per the Ministry of Agriculture & Farmers Welfare, India is expected to achieve a total food grain production of 3,235.54 lakh tons in the fiscal year 2022-23. Rice, wheat, and nutri/coarse cereals emerged as the primary contributors to this growth, accounting for 1,308.37 lakh tons, 1,121.82 lakh tons, and 527.86 lakh tons, respectively, during the same period . Consequently, with such substantial production figures from the country, there is an increased demand for storage facilities to accommodate future consumption and imports, thereby fostering market expansion.

Inadequate storage infrastructure has led to grain losses through theft, pilferage, and transportation inefficiencies. To address this issue, the central government plans to establish steel silos across 249 sites capable of storing 11 million tons of food grains. This initiative is projected to result in annual savings of approximately INR 1,350 crores for India . Such government initiatives further drive the grain silo and storage market.

Furthermore, the increasing population is driving up the need for food, thereby increasing the demand for grain silo storage. According to the Food and Agriculture Organization (FAO), the global population is projected to reach 9.1 billion by 2050, leading to heightened demand for food and nutritious food items. Additionally, the scarcity of arable land resulting from rapid urbanization is anticipated to escalate the requirement for grain preservation and adequate storage facilities.

India, having overtaken China as the world's most populous country, is encountering difficulties as a result of its rapidly increasing population. With more than 1.4 billion individuals and an estimated annual growth rate of around 1 percent, this demographic shift has multifaceted and profound consequences for human development in India. The country's population is growing at an unsustainable pace and is expected to exceed 1.5 billion by 2030 and 2 billion by 2050.

Rising demand for large-capacity storage is anticipated to propel market growth.

The rising demand for grain storage from leading grain-producing countries such as Russia, India, Brazil, and the United States is one of the major reasons driving the market growth of the market in the forecast period. For instance, according to the International Grain Council, the forecasted production for grains that include wheat and coarse grains production for 2023-24 is anticipated to be maintained at 2,294 million tons. The increasing production of grains comes with an increased demand for adequate storage solutions.

Accordingly, these silos are cost-effective modes of grain storage as they provide automated transport, which results in low operation costs in the long run. Additionally, grain storage silos help in maintaining the moisture content of the crops/grains, which is one of the major physiological factors in successful grain storage. If crops or grains are not properly stored, they get exposed to a high moisture content that leads to storage problems because it encourages fungal and insect problems, respiration, and germination.

According to the Ministry of Agriculture & Farmers Welfare, the total food grain production in India is estimated to reach 3,235.54 lakh tons in 2022-23. Rice, Wheat, and Nutri/Coarse Cereals were the major contributors to the growth, with 1,308.37 lakh tons, 1,121.82 lakh tons, and 527.86 lakh tons, respectively, in 2022-23. Therefore, with such significant production by the countries, there is a higher demand for storage to be used for future consumption and imports, which is anticipated to aid in market expansion.

The market is projected to grow in the APAC region.

The absence of an appropriate storage system is causing the nation to lose grains through transportation, theft, and pilferage. The central government aims to set up steel silos in 249 locations that can hold 11 million tons of food grains. By doing so, India is expected to save about INR 1,350 crores per year. Food sustainability in India is an important concern for the country to become self-reliant and meet the demands of the growing population, both domestically and internationally.

The private sector is encouraged to build storage capacities and maintain various facilities in coordination with FCI. For the first ten years, FCI will guarantee 100% utilization of these facilities and 75% for the next ten years. The following chart shows the storage capacity with FCI (Owned+Hired) and Utilization Summary as of 1st July 2022.

India's National Policy on handling, storage, and transportation of food grains primarily aims at modernizing the system of handling, storing, and transportation of food grains to reduce storage and transit losses. Under this policy, the government of India has outlined the infrastructural framework, which includes the transportation of grains from farms to silos through specially designed trucks, the construction of silo complexes for procurement and distribution, along with providing dedicated trains and rail wagons (specially designed for top filling and bottom discharge in association with Ministry of Railways).

Key Players:

• AGCO is the biggest producer of steel grain bins for commercial storage and agricultural applications worldwide. With its state-of-the-art control systems, the company provides the most technologically sophisticated dryers available in the market. A wide range of material-handling equipment, such as conveyors, bucket elevators, bin sweeps, and more, is also offered by the company.
• Hoffmann, Inc. is a well-known manufacturer of steel stacks, industrial concrete chimneys, and cast-in-place storage silos made of reinforced concrete around the country.
• Mysilo has 40 years of experience in the steel manufacturing industry, which it has applied to its organization to produce grain storage and conveying equipment. Since then, Mysilo has developed into a cutting-edge, constantly evolving specialist and a pioneering company in its prime, having completed more than 2.500 projects for more than 2.000 clients across 80 countries and five continents.

Segmentation:

By Type:

• Flat Bottom
• Hopper Bottom

By Grain Type:

• Rice
• Wheat
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• UK
• Germany
• France
• Italy
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Taiwan
• Thailand
• Indonesia
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base and Forecast Years Timeline
• 1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

• 2.1. Research Design
• 2.2. Research Process

3. EXECUTIVE SUMMARY

• 3.1. Key Findings
• 3.2. Analyst View

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis
• 4.5. Analyst View

5. GRAIN SILO AND STORAGE MARKET BY TYPE

• 5.1. Introduction
• 5.2. Flat Bottom
  • 5.2.1. Market Trends and Opportunities
  • 5.2.2. Growth Prospects
  • 5.2.3. Geographic Lucrativeness
• 5.3. Hopper Bottom
  • 5.3.1. Market Trends and Opportunities
  • 5.3.2. Growth Prospects
  • 5.3.3. Geographic Lucrativeness

6. GRAIN SILO AND STORAGE MARKET BY GRAIN TYPE

• 6.1. Introduction
• 6.2. Rice
  • 6.2.1. Market Trends and Opportunities
  • 6.2.2. Growth Prospects
  • 6.2.3. Geographic Lucrativeness
• 6.3. Wheat
  • 6.3.1. Market Trends and Opportunities
  • 6.3.2. Growth Prospects
  • 6.3.3. Geographic Lucrativeness
• 6.4. Others
  • 6.4.1. Market Trends and Opportunities
  • 6.4.2. Growth Prospects
  • 6.4.3. Geographic Lucrativeness

7. GRAIN SILO AND STORAGE MARKET BY GEOGRAPHY

• 7.1. Introduction
• 7.2. North America
  • 7.2.1. By Type
  • 7.2.2. By Grain Type
  • 7.2.3. By Country
    • 7.2.3.1. USA
      • 7.2.3.1.1. Market Trends and Opportunities
      • 7.2.3.1.2. Growth Prospects
    • 7.2.3.2. Canada
      • 7.2.3.2.1. Market Trends and Opportunities
      • 7.2.3.2.2. Growth Prospects
    • 7.2.3.3. Mexico
      • 7.2.3.3.1. Market Trends and Opportunities
      • 7.2.3.3.2. Growth Prospects
• 7.3. South America
  • 7.3.1. By Type
  • 7.3.2. By Grain Type
  • 7.3.3. By Country
    • 7.3.3.1. Brazil
      • 7.3.3.1.1. Market Trends and Opportunities
      • 7.3.3.1.2. Growth Prospects
    • 7.3.3.2. Argentina
      • 7.3.3.2.1. Market Trends and Opportunities
      • 7.3.3.2.2. Growth Prospects
    • 7.3.3.3. Others
      • 7.3.3.3.1. Market Trends and Opportunities
      • 7.3.3.3.2. Growth Prospects
• 7.4. Europe
  • 7.4.1. By Type
  • 7.4.2. By Grain Type
  • 7.4.3. By Country
    • 7.4.3.1. Germany
      • 7.4.3.1.1. Market Trends and Opportunities
      • 7.4.3.1.2. Growth Prospects
    • 7.4.3.2. UK
      • 7.4.3.2.1. Market Trends and Opportunities
      • 7.4.3.2.2. Growth Prospects
    • 7.4.3.3. France
      • 7.4.3.3.1. Market Trends and Opportunities
      • 7.4.3.3.2. Growth Prospects
    • 7.4.3.4. Spain
      • 7.4.3.4.1. Market Trends and Opportunities
      • 7.4.3.4.2. Growth Prospects
    • 7.4.3.5. Others
      • 7.4.3.5.1. Market Trends and Opportunities
      • 7.4.3.5.2. Growth Prospects
• 7.5. Middle East and Africa
  • 7.5.1. By Type
  • 7.5.2. By Grain Type
  • 7.5.3. By Country
    • 7.5.3.1. Saudi Arabia
      • 7.5.3.1.1. Market Trends and Opportunities
      • 7.5.3.1.2. Growth Prospects
    • 7.5.3.2. UAE
      • 7.5.3.2.1. Market Trends and Opportunities
      • 7.5.3.2.2. Growth Prospects
    • 7.5.3.3. Others
      • 7.5.3.3.1. Market Trends and Opportunities
      • 7.5.3.3.2. Growth Prospects
• 7.6. Asia Pacific
  • 7.6.1. By Type
  • 7.6.2. By Grain Type
  • 7.6.3. By Country
    • 7.6.3.1. China
      • 7.6.3.1.1. Market Trends and Opportunities
      • 7.6.3.1.2. Growth Prospects
    • 7.6.3.2. Japan
      • 7.6.3.2.1. Market Trends and Opportunities
      • 7.6.3.2.2. Growth Prospects
    • 7.6.3.3. South Korea
      • 7.6.3.3.1. Market Trends and Opportunities
      • 7.6.3.3.2. Growth Prospects
    • 7.6.3.4. India
      • 7.6.3.4.1. Market Trends and Opportunities
      • 7.6.3.4.2. Growth Prospects
    • 7.6.3.5. Taiwan
      • 7.6.3.5.1. Market Trends and Opportunities
      • 7.6.3.5.2. Growth Prospects
    • 7.6.3.6. Thailand
      • 7.6.3.6.1. Market Trends and Opportunities
      • 7.6.3.6.2. Growth Prospects
    • 7.6.3.7. Others
      • 7.6.3.7.1. Market Trends and Opportunities
      • 7.6.3.7.2. Growth Prospects

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 8.1. Major Players and Strategy Analysis
• 8.2. Market Share Analysis
• 8.3. Mergers, Acquisitions, Agreements, and Collaborations
• 8.4. Competitive Dashboard

9. COMPANY PROFILES

• 9.1. AGCO Corporation
• 9.2. Mysilo Grain Storage Co. Inc.
• 9.3. AGI
• 9.4. Rostfreisteels
• 9.5. Superior Grain Equipment
• 9.6. Hoffmann, Inc.
• 9.7. Symaga
• 9.8. Henan SRON SILO ENGINEERING Co., Ltd.
• 9.9. Sioux Steel Company
• 9.10. Ahrens