{"id":503314,"date":"2020-08-20T17:34:02","date_gmt":"2020-08-20T17:34:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=503314"},"modified":"2020-08-20T17:34:02","modified_gmt":"2020-08-20T17:34:02","slug":"grain-silos-and-storage-system-market-to-record-steady-growth-by-2025-key-players-are-agco-corporation-silos-crdoba-prado-silos-symaga-simeza","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/grain-silos-and-storage-system-market-to-record-steady-growth-by-2025-key-players-are-agco-corporation-silos-crdoba-prado-silos-symaga-simeza_503314.html","title":{"rendered":"Grain Silos and Storage System Market to Record Steady Growth by 2025 | Key Players are AGCO Corporation, Silos C\u00f3rdoba, PRADO SILOS, Symaga, SIMEZA"},"content":{"rendered":"
\"Grain<\/a><\/p>\n
\n
MarketsandMarkets\u2122<\/div>\n<\/div>\n<\/div>\n
The global grain silos and storage system market is projected to grow at a CAGR of 4.8% from 2020, to reach a value of USD 1.6 billion by 2025.<\/div>\n

The report “Grain Silos and Storage System Market<\/a> by Silo Type (Flat bottom silo, Hopper silo, Grain bins, and Other silo types), Commodity Type (Rice, Wheat, Maize, Soybean, Sunflower, and Other commodity types), & Region – Global Forecast to 2025<\/strong>“, published by MarketsandMarkets™, 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.<\/p>\n

\"Grain<\/p>\n

Download PDF brochure: <\/strong>https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=69287165<\/a><\/p>\n

The grain silos & storage system market includes major product manufacturers like AGCO Corporation (US), AGI (Canada), Silos Córdoba (Spain), PRADO SILOS (Spain), Symaga (Spain), SIMEZA (Spain). These companies have their manufacturing and service facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses up to some extent. Though this pandemic situation has impacted their businesses, there is no significant impact on the global operations and supply chain of grain silos & storage system. Multiple manufacturing facilities of players are still in operation.<\/p>\n

Grain bins, by silo type, is estimated to grow at the highest rate during the forecast period<\/strong><\/p>\n

The grain bins are constructed as vented, silver, and corrugated steel-structured containers that have a larger diameter than silos, which are offered in various heights. These type of grain bins are generally used for the storage of dry corn and soybeans, which meet the domestic or export demands for the use of feed, food, and fuel. They are also used for the storage of free-flowing grains or other non-corrosive granular materials up to 52 lb\/ft3 (833 kg\/m3).  <\/p>\n

Maize, by commodity type is estimated to hold the largest share in the grain silos & storage system market, in terms of value, in 2020<\/strong><\/p>\n

Maize is an important crop in various developed and developing countries. It is used as livestock feed and processed into various food and industrial products, such as starch, sweeteners, corn oil, beverage & industrial alcohol, and fuel ethanol. The major feed grains consumed in the US are corn, sorghum, barley, and oats. According to the USDA, in the US, corn is a major feed grain, accounting for more than 95% of the total feed grain production and use. It is used as a key energy ingredient in the livestock feed. The figure below illustrates the feed grain production in the country for the year 2018\/19.<\/p>\n

Request for Customization: <\/strong>https:\/\/www.marketsandmarkets.com\/requestCustomizationNew.asp?id=69287165<\/a><\/p>\n

Asia Pacific is projected to grow at the highest CAGR during the forecast period<\/strong><\/p>\n

The market for grain silos & storage system is projected to grow at the highest CAGR in the Asia Pacific. With the presence of densely populated countries, such as China and India, the Asia Pacific region is projected to be one of the key markets for grain silos and storage system. The region’s increasing population and rising income levels are factors that are projected to drive the demand for food and agricultural commodities in the coming years. On the other hand, the region has limited arable land, inadequate water, low farm yields, and increased soil degradation conditions due to urbanization. China and India are ranked first and second, in terms of rice and wheat production, at the global level.<\/p>\n

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the grain silos & storage system market. It consists of the profiles of leading companies such as 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), MICHA£ (Poland), Privé SA (France), Dehºetiler 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).<\/p>\n

About MarketsandMarkets™<\/strong> <\/p>\n

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities\/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.<\/p>\n

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations\/disruptions early to the market by providing them research ahead of the curve.<\/p>\n

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.<\/p>\n

Media Contact<\/span>
Company Name:<\/strong> MarketsandMarkets<\/a>
Contact Person:<\/strong> Mr. Aashish Mehra
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> 18886006441
Address:<\/strong>630 Dundee Road Suite 430
City:<\/strong> Northbrook
State:<\/strong> IL 60062
Country:<\/strong> United States
Website:<\/strong> https:\/\/www.marketsandmarkets.com\/Market-Reports\/grain-silos-storage-system-market-69287165.html<\/a><\/p>\n

<\/object>\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

MarketsandMarkets\u2122 The global grain silos and storage system market is projected to grow at a CAGR of 4.8% from 2020, to reach a value of USD 1.6 billion by 2025. The report “Grain Silos and Storage System Market by Silo Type … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[400,401,412,403,404],"tags":[],"class_list":["post-503314","post","type-post","status-publish","format-standard","hentry","category-Agriculture-Farming","category-Business","category-News-Current-Affairs","category-UK","category-US"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/503314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=503314"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/503314\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=503314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=503314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=503314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}