Rising Food Security Concerns Boost Demand in the Global Agriculture Silos & Storage Systems Market

 According to a new research report titled "Agriculture Silos & Storage Systems Market by Silo Type (Flat Bottom, Hopper, Grain Bin, Square), Construction Material (Steel, Concrete), End-use Application (Food Storage, Farm Product, Processing & Industrial Use), and Region - Global Forecast to 2030" by MarketsandMarkets, the global agriculture silos & storage systems market is projected to reach USD 6.53 billion by 2030, registering a steady CAGR of 5.1%.

Rising Importance of Food Security and Loss Reduction

The report highlights the increasing global emphasis on reducing food loss and waste (FLW), improving post-harvest infrastructure, and enhancing food security. According to the National Academy for Agricultural Sciences, India, urgent advancements in storage solutions, such as metal silos and integrated cold chain systems, are critical to reducing losses and improving grain quality for consumers.

Flat Bottom Silos Lead by Silo Type

Among various silo types, flat bottom silos hold a dominant market share due to their suitability for long-term grain storage. These silos are widely used for storing grains, oilseeds, and other granulated materials and are available in capacities ranging from 250 to 20,000 tons. Compared to conical silos, flat bottom silos are more cost-effective and are preferred for their durability and grain protection capabilities.

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Metal/Steel Silos Dominate by Construction Material

Metal and steel—especially galvanized steel—emerge as the most commonly used materials in silo construction, offering strength, long-term durability, and environmental resistance. Steel silos are easy to transport and assemble, making them ideal for large-scale agricultural operations in high-yield regions such as the U.S., Canada, Ukraine, and Brazil. These regions use steel silos extensively to store crops like corn, wheat, soybeans, and barley.

Asia Pacific: The Fastest-Growing Region

Asia Pacific is forecasted to be the fastest-growing region in the agriculture silos and storage systems market. With a booming population, urbanization, and increasing grain production, countries like China, India, and Australia are witnessing growing demand for modern storage systems. In 2023, the region's grain output reached 1.2 billion metric tons, but significant post-harvest losses—up to 30% in India—continue to challenge food supply stability. The adoption of modern silos, particularly steel flat bottom and hopper silos, is expected to be key to minimizing losses and supporting food security for the region’s expanding population.

Leading Market Players

The report profiles several major agriculture silos & storage systems companies in the industry, including:

• SUKUP MANUFACTURING CO. (US)
• AGI (Canada)
• MySilo (Turkey)
• Prado Silos (Spain)
• SYMAGA (Spain)
• TSC Silos (Netherlands)
• Bentall Rowlands (UK)
• American Industries Partners (US)
• SRON Silo Engineering Co. (China)
• M.I.P Group (Belgium)

These companies are investing in advanced storage solutions to meet growing demand across global markets, with a focus on efficiency, capacity, and sustainability.