Silos Market Size | Companies Analysis 2025- 2035

What is the Current Silos Market Size and Share?

The global silos market size is calculated at USD 2.99 billion in 2025 and is predicted to increase from USD 3.13 billion in 2026 and is projected to reach around USD 4.80 billion by 2035, The market is expanding at a CAGR of 4.85% between 2025 and 2035. Asia Pacific dominated the silos market with a market share of 40.50% the global market in 2024.The increasing need for bulk material storage in the agriculture sector is set to create competitive advantages in production.

Key Takeaways

• By region, Asia Pacific region dominated the silos market with 40.5% industry share in 2024 and is set to grow at the fastest rate of 6.5% during the forecasted period. 
• By type, the tower silos segment dominated the market with 56.8% in 2024.
• By type, the bag silos segment is expected to grow at the fastest rate of 5.6% in the silos market during the forecast period.
• By material, the steel silos segment dominated the market with 62.3% industry share in 2024.
• By material, the plastic silos segment is expected to grow at a CAGR of 5.8% in the market during the forecast period.
• By application, the agriculture segment dominated the market with 46.8% industry share in 2024.
• By application, the industrial segment is expected to grow at a rate of 5.7% in the market during the forecast period.

The Backbone of the Bulk Storage: Exploring the Expanding Silos Market

The silos market comprises storage structures designed for bulk materials such as grains, cement, coal, woodchips, and other industrial products. These structures are widely used in agriculture, manufacturing, and construction to support efficient handling, reduce material losses, and protect against moisture. According to the Food and Agriculture Organization’s 2023 assessment, post-harvest losses in cereals can reach up to 14 percent in several developing regions, which has increased demand for modern silo systems that provide better aeration and controlled discharge.

Silos are constructed from steel, concrete, and plastic are available in different configurations, such as tower, bag, and bunker types, depending on capacity and operational needs. OECD and European Commission agricultural data show that grain storage capacity in major producing regions has expanded steadily, with the European Union reporting more than 9 percent growth in on-farm storage construction between 2018 and 2023 due to rising crop output and mechanisation. Similar progress is seen in Asia, where World Bank-supported programs in countries such as India and Vietnam focus on upgrading grain handling and storage infrastructure, reflecting the growing importance of efficient storage systems and supporting long-term market growth.

Current Trends in Silos Market 

• Industry Growth Overview: Between 2025 and 2034, the rising need for safer, more efficient and contamination-free storage of grains, bulk materials and livestock feed is expected to strengthen the market’s long-term growth. Increasing pressure on farmers and food processors to maintain crop quality, reduce losses and optimise supply chain operations has driven demand for larger silos with higher throughput capabilities. Many grain handling facilities and agro-industrial plants are prioritising faster loading and unloading systems to meet higher production volumes and shorten operational cycles, thereby expanding the market’s commercial potential.
• Sustainability Trends: Sustainability is becoming an important differentiator as manufacturers introduce silo designs that use recycled steel, lower-energy plastics and improved insulation materials. These innovations help reduce embodied carbon, lower operational energy use and limit spoilage during long-term storage. Improved sealing systems, moisture-control mechanisms and better aeration technologies are also helping reduce food waste by maintaining grain stability in varying climate conditions. As industries move toward cleaner production standards and circular material use, sustainable silo construction is expected to gain wider adoption.
• Global Expansion: Several manufacturers are establishing local assembly hubs in developing regions to reduce transportation costs and offer silo systems tailored to local grain varieties, humidity conditions and temperature profiles. This localisation strategy improves product performance, durability and customer acceptance in diverse climates. In underdeveloped regions, low-cost storage formats such as silo bags and bunker-style systems have captured a substantial share due to their affordability and easier installation requirements. Export activity is also increasing as suppliers customise silos to match regional weather patterns, grain densities and market-specific loading systems, which enhances scalability and strengthens global market penetration.
• Major Investors: Investment is increasing from agricultural equipment companies, grain storage system specialists and regional infrastructure developers who are expanding their portfolios to meet rising storage needs. Companies focused on digital monitoring, automated handling and structural innovation are also investing in the design of smarter silos that improve operational accuracy and reduce losses.
• Startup Ecosystem: Startups in the sector are introducing advanced moisture sensors, real-time temperature monitoring, remote management platforms and modular silo systems designed for small and mid-size farms. These innovations support predictive maintenance, early spoilage detection and efficient inventory management, helping smaller operators adopt modern storage solutions at lower cost.

Report Scope

Smarter Storage: How Technology is Transforming Modern Silos

Silos are becoming smarter as digital agriculture tools continue to grow globally. Modern systems use sensors to measure temperature, moisture, grain weight, and airflow in real time, which helps prevent losses linked to poor storage conditions. According to the Food and Agriculture Organization’s 2023 estimates, better monitoring technologies can reduce post-harvest cereal losses by up to 30 percent in regions with limited storage management, which makes sensor-based systems increasingly valuable.

These real-time data insights guide farmers on when to aerate, mix, or move stored grain before spoilage occurs. Automatic filling and level control systems also help prevent overfilling, reduce dust emissions, and improve worker safety. The use of advanced coatings and improved surface materials is growing as well, which helps resist corrosion, enhances food safety, and reduces cleaning time for large storage units.

Silos Market Regulatory Landscape: Global Regulations

Segmental Insights: 

Type Insights

How did the Tower Silos Segment Dominate the Silos Market in 2024?

The tower silos segment dominated the market with a 56.8% industry share in 2024, thanks to their ability to store large volumes in a small footprint. Moreover, several farmers with limited land are actively purchasing tall steel or concrete towers to hold grain vertically in the current period.

On the other hand, the bag silos segment is expected to grow at a significant 5.6% owing to factors such as flexibility, affordability, and faster installation. Moreover, without major building work, the farmers have seen fit to buy bags or bagging machines in the current period. Moreover, the offerings, such as easy to move, seasonal use, and more, have led the bag silos to gain major industry attention in recent years.

The bunker silos segment is also notably growing, in line with the increasing demand for low-cost, high-volume feed storage in the current period. Moreover, for farmers who need wet feed storage, bunker silos have been the ideal option in the past few years. Furthermore, their lower construction costs for bunker silos have driven industry growth today.

Material Insights,

Why does the Steel Silos Segment Dominate the Silos Market by Material?

The steel silos segment dominated the market, accounting for 62.3% of industry share in 2024, as steel is strong, durable, and easy to form into large, weatherproof cylinders. Steel silos can be prefabricated and bolted together on site, allowing quick installation for large capacities.

The plastic silos segment is expected to grow rapidly at 5.8% as new polymers are lighter, cheaper, and corrosion-resistant. Plastic panels are easy to transport and install without heavy cranes, making them ideal for remote or small sites. Plastic also reduces contamination risk for food-grade storage and can be molded to include integrated liners or insulation.

The concrete silos segment is also growing rapidly, as several farmers are using traditional concrete silos across various regions. Moreover, the durability and weather resistance of concrete silos have also drawn industry attention in recent years, according to the latest analysis.

Application Insights

How did the Agriculture Segment Dominate the Silos Market in 2024?

The agriculture segment dominated the market with 46.8% market share in 2024, as farms need to store grain, seed, and feed every season. Crops are harvested at specific times but sold year-round, so storage is essential. Large farms, co-ops, and grain traders invest heavily in silos to protect supply and get better prices by timing sales.

On the other hand, the industrial segment is expected to grow rapidly at 5.7% as factories and processing plants expand; they need storage for powders, pellets, chemicals, and raw materials. Industrial silos tie directly to production lines where steady feed rates matter. As manufacturing grows near cities, industries prefer on-site silos to avoid supply delays.

The food processing segment is also notably growing. Food processors use silos to store flour, sugar, oilseeds, and other dry ingredients on a large scale. With more packaged foods and larger bakeries and processors, they need reliable, hygienic storage to avoid contamination and keep production running 24/7. Processors value silos with easy cleaning, gentle handling, and Integrated metering.

Regional Analysis: 

The Asia Pacific silos market size was valued at USD 1.21 billion in 2025 and is expected to surpass around USD 1.95 billion by 2035, expanding at a compound annual growth rate (CAGR) of 4.89% over the forecast period from 2025 to 2035. Asia Pacific dominated the silos market with a 40.5 percent industry share, supported by the region’s large farm area, extensive grain processing activity, and high livestock feed demand. The Food and Agriculture Organization reports that Asia produces more than 50 percent of the world’s cereals each year, which creates a strong need for large-capacity storage systems to manage seasonal harvests and reduce post-harvest losses.

Heavy food demand driven by rapid population growth is also expanding the consumer base for silo manufacturers. United Nations demographic data indicates that Asia added more than 40 million people between 2020 and 2023, which continues to increase pressure on grain supply chains and modern storage infrastructure. This rising demand encourages both public and private investment in upgraded storage technology across the region.

China Strengthens Its Lead in the Global Silos Market

China maintained its dominance in the global silos market due to rapid growth in food processing activities and consistently high grain production. According to the Food and Agriculture Organization’s 2023 data, China remains the world’s largest producer of rice and wheat, which creates continuous demand for large-capacity storage systems that can protect grain quality and reduce post-harvest losses.

State-managed grain reserves also play an important role in strengthening the market. Official reports from China’s National Food and Strategic Reserves Administration highlight extensive investments in modern storage upgrades to support national food security goals. These efforts include the replacement of outdated warehouses with steel and concrete silos that offer improved aeration and temperature control.

Europe Silos Market Analysis

Europe is expected to capture a major share of the silos market because of strong governmental support for safer, modern, and low-waste storage systems. The European Commission and national agricultural agencies have increased funding for post-harvest infrastructure, with Eurostat reporting steady growth in grain storage capacity across major producing countries between 2018 and 2023. These initiatives aim to reduce losses and improve food security across the region.

Stricter laws for food safety and quality have also played an important role in driving demand for advanced silos. Regulations under the European Union’s food hygiene and feed safety frameworks require better control of temperature, moisture, and contamination risks during storage. This has encouraged food processors and farmers to upgrade from traditional storage structures to steel and concrete silos that offer improved monitoring and controlled aeration.

Germany Engineers the Future of Smart Silos with Precision and Automation

Germany is expected to emerge as a prominent player in the silos market due to its strong engineering capabilities, precision manufacturing standards, and large food and chemical industries. According to the Federal Statistical Office of Germany, the country remains one of Europe’s largest producers of processed foods and industrial materials, which increases demand for reliable bulk storage systems capable of handling high volumes while maintaining consistent quality control.

The German manufacturing sector has also shown rapid adoption of automation in storage and handling equipment. Many domestic producers are integrating advanced sensors, temperature monitoring systems, and automated loading technologies into modern silo designs, which aligns with Germany’s national focus on Industry 4.0. Reports from the German Engineering Federation indicate steady investment in digital and automated machinery across the agriculture and processing sectors.

North America Silos Market Trends

North America is a notably growing region in the silos market because of rapid modernization and the continued expansion of grain elevator infrastructure. The United States and Canada remain among the world’s largest grain producers, and USDA data show that higher yields in corn, soybeans, and wheat have increased demand for larger, more efficient storage systems across major farming states. This trend has encouraged operators to scale up facility capacity and adopt more advanced storage technologies.

Higher-capacity silos have been in strong demand in recent years as producers aim to reduce harvest bottlenecks and improve post-harvest handling efficiency. Many farming operations are shifting from smaller, traditional structures to steel and concrete silos that can support automated loading, improved airflow, and safer long-term storage conditions. This shift reflects broader efforts to improve supply chain resilience across the region.

Silos Market Share, By Region, 2024 (%)

Smart Storage Solutions Drive United States Silo Market Growth

The United States is expected to gain a major share of the global silos market due to the continued expansion of commercial farms and the large-scale grain production and trade. USDA data shows that the United States remains one of the world’s top producers of corn, soybeans, and wheat, and this high output requires significant storage capacity to manage harvest volumes and maintain grain quality throughout the year. As farms grow in size and adopt more mechanised operations, demand for modern silo systems continues to rise.

Grain traders, ethanol plants, and feed manufacturers also rely on large silos for storage, blending, and efficient movement of bulk materials. The United States is a leading producer of fuel ethanol, and the industry depends on high-capacity storage to manage corn supply and feedstock flows. This supports strong demand for steel and concrete silos that can withstand heavy usage and operate with consistent performance across the full production cycle. The trend toward farm consolidation and centralised storage has further accelerated the need for integrated silo systems. 

Latin America Silos Market Analysis

Latin America is expected to capture a notable share of the silos market because farming across the region is expanding and becoming more commercial. Countries such as Brazil and Argentina remain among the world’s largest producers of soybeans and corn, and FAO data shows that the region consistently accounts for more than 40 percent of global soybean exports. This level of production requires reliable, high capacity storage systems to manage seasonal harvests and reduce post harvest losses.

Large farms and agricultural cooperatives are increasingly adding modern silos to store crops for longer periods and take advantage of favorable market prices. This trend is especially strong in Brazil, where the Ministry of Agriculture has encouraged investment in on-farm storage to reduce dependence on overloaded transport and port infrastructure. As a result, more producers are building steel and concrete silos that support year-round storage and controlled grain quality.

Brazil’s Grain Powerhouse Drives Demand for Modern Storage Solutions

Brazil is expected to emerge as a prominent country for the silos market in the coming years. The country has huge soy and corn harvests that need seasonal storage near ports and processing hubs. Large agribusinesses build big silos and storage terminals to handle export volumes. Brazil also has many local manufacturers making steel silos and mobile systems for farms.

Recent Developments

• In November 2025, Samcrete established a strategic collaboration with Ferrum. The motive behind the partnership is to localize and expand silo production and capacity in Egypt and Poland, as per the published report.  
  (Source: www.ecofinagency.com)
• In June 2025, Indian Union Minister Pralhad Joshi launched a 50,000 metric tonnes state-of-the-art grain silo in Bihar's Khagaria on Monday. Built at an initiative of Rs 150 crore, the silos are revolutionising foodgrain storage for a secure and self-reliant India.(Source: www.ndtv.com)

Top Vendors in the Silos Market & Their Offerings:

• AGI (Ag Growth International): A leading global manufacturer of solutions for the agricultural industry, specializing in grain, fertilizer, feed, and seed handling, storage, and conditioning systems.
• Silos Córdoba: A Spanish company that designs, manufactures, and installs a comprehensive range of galvanized steel silos for the efficient and safe storage of grain, animal feed, and various bulk materials.
• CST Industries, Inc.: A prominent global manufacturer of storage tanks and covers, providing innovative modular, bolted, and factory-coated silos and covers for a wide array of industrial and municipal applications.
• Hanson Silo Company: A company with a long history in the North American market, specializing in manufacturing durable concrete silos and stave silos primarily for agricultural use, including feed storage for dairy and beef operations.
• P+W Metallbau GmbH & Co. KG : P+W Metallbau manufactures high quality metal grain silos and storage systems designed for agricultural, industrial, and commercial use. The company focuses on durable steel structures, corrosion resistance, and customized storage configurations.
• Symaga Group:Symaga is a global producer of galvanized steel silos used for grain storage, feed facilities, and industrial bulk handling. The company offers flat bottom and hopper silos, along with complete storage solutions and accessories.
• Sioux Steel Company :Sioux Steel designs and manufactures grain storage silos, grain handling equipment, and related agricultural infrastructure. Its silos are known for long term durability, strong wind resistance, and robust construction.
• Dehsetiler Makina :Dehsetiler produces grain silos, steel storage solutions, and feed plant equipment for agricultural and industrial clients. The company emphasizes precision engineering and reliable structural performance.
• Ahrens Group: Ahrens Group provides large scale grain storage silos, field bins, and bulk handling systems tailored for farm and commercial operations. Its products prioritize strength, weather resistance, and long lifespan.
• Nelson Silos:Nelson Silos manufactures concrete and steel silos used for grain and bulk storage across agricultural sectors. The company focuses on moisture protection, structural integrity, and long term storage stability.
• Lipp GmbH :Lipp develops metal silo systems using its patented double fold construction technology that enhances strength and sealing performance. Its silos are used for grain, feed, biomass, and industrial bulk storage.
• Riela GmbH:Riela manufactures grain silos, feed mill systems, and grain processing equipment. The company provides complete turnkey storage and handling solutions for farms and commercial grain operators.
• GE Silos:GE Silos specializes in producing steel silos and grain storage solutions designed for durability and operational efficiency. Its products include flat bottom silos, hopper silos, and related accessories.
• Kotzur Pty Ltd.:Kotzur produces steel silos, grain bins, and bulk handling equipment for agricultural and industrial use. The company focuses on engineered strength, corrosion protection, and fully integrated storage systems.
• Behlen Mfg. Co.:Behlen manufactures corrugated steel grain bins, hopper tanks, and bulk storage systems for agricultural and commercial applications. Its storage solutions emphasize durability, ventilation efficiency, and reliable grain protection.

Segments Covered in the Report

By Type 

• Tower Silos 
• Bunker Silos 
• Bag Silos 

By Material 

• Steel Silos 
• Concrete Silos 
• Plastic Silos 

By Application 

• Agriculture 
• Industrial (Cement, Mining, Chemical) 
• Food Processing 
• Others (Waste Management, Biomass) 

By Region

• North America
  
  • U.S.
  • Canada
  • Mexico
• Europe
  
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  
  • China
  • India
  • Japan
  • South Korea
• Latin America
  
  • Brazil
  • Argentina
• Middle East & Africa
  
  • Saudi Arabia
  • South Africa