The agriculture silos & storage systems market is estimated at USD 5.09 billion in 2025 and is projected to reach USD 6.53 billion by 2030, at a CAGR of 5.1% from 2025 to 2030. The market for agriculture silos and storage systems is growing considerably, stimulated by increasing food demand, technological progress, and post-harvest reduction programs of the governments. North America dominates the market, followed by 37.6% of overall revenue in 2024, followed by 28.1% in Asia Pacific, with the latter being the most rapidly growing region because of fast agricultural growth. Agriculture storage is a dynamic industry characterized by the use of smart technologies, such as IoT and AI-based monitoring systems, which enable real-time monitoring of various parameters such as temperature & humidity of the storage.
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Some of the major players in the agriculture silos & storage systems market with significant global presence include SUKUP MANUFACTURING CO. (US), AGI (Canada), MySilo (Turkey), Prado Silos (Spain), SYMAGA (Spain), TSC SILOS (Netherlands). These players have incorporated various organic and inorganic growth strategies, including collaborations, acquisitions, product launches, partnerships, agreements, and expansions to strengthen their international footprint and capture a greater share of the agriculture silos & storage systems market.
Sukup Manufacturing (US)
Sukup Manufacturing Co. is a family-owned company established in 1963. The company specializes in the design, manufacture, and distribution of grain storage, drying, and handling equipment. The company’s product portfolio includes steel grain bins, silos, dryers, material handling systems, and advanced monitoring technologies, catering primarily to commercial agriculture and large-scale farming operations. With a strong presence in North America, particularly the US, Sukup also serves international markets across over 70 countries, leveraging a robust network of dealers and distributors. The company’s manufacturing facilities in Iowa and other US locations are equipped with advanced automation, enabling high-quality production at scale.
AGI (Canada)
AGI is a global leader in the manufacturing of grain, feed, and fertilizer handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, grain drying systems, and fertilizer handling and storage systems. The company operates across five platforms — seed, fertilizer, grain, feed, and food. Of these 35 brands, AGI Brasil, FRAME, MFS, SABE, Twister, and Westeel are involved in the manufacturing of grain silo and grain bins. AGI has manufacturing facilities in Canada, the US, Brazil, and Italy, and distributes its products globally. AGI FRAME is now one of Europe’s largest designers, manufacturers, and suppliers of all types of corrugated steel silos for agricultural and commercial applications. Its silos are used for storing all free-flowing cereals, including wheat, maize, barley, rapeseed, and soybeans.
Market Ranking
The agriculture silos & storage systems market is competitive, with five leading players collectively holding 30-45% of the total market share. Companies are focusing on expanding their production facilities, entering into deals and partnerships, and agreements, and launching products to grow their business and, in turn, their market share. In November 2024, AIP completed the acquisition of AGCO's Grain & Protein division, which has since been rebranded as Grain & Protein Technologies. The company generates an annual revenue of approximately $1 billion and continues to operate under established brands such as GSI, Cumberland, AP, Tecno, and Cimbria. In May 2024, Prado Silos (Spain) expanded its operational capacity with a new logistics center located near the company’s production plant. This new facility implemented in Barakaldo (Spain) will double the space available for logistics activities, bringing significant improvements in terms of flexibility, productivity, quality, and customer support, while contributing to the reduction of the company’s carbon footprint. The remaining 55-70% of the market is shared among other regional and emerging vendors, contributing to extensive fragmentation and offering opportunities for smaller players to establish a footprint. Market competition is driven by increasing demand for organic, sustainable products, and the development of new silos & storage systems in the agriculture industry.
Related Reports:
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
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