Grain Storage Silos Procurement Intelligence

The grain storage silos category is expected to grow at a CAGR of 4.5% from 2023 to 2030. 

The North American region accounts for the largest category share, while the APAC region is anticipated to be the fastest-growing region in the forecast period. Increasing demand for food security amid rising population to ensure a sufficient and stable supply of food grains throughout the supply chain and the need for reduction in post-harvest losses owing to various factors are raising the demand for the category. Factors such as increasing demand for grain storage, automation of grain transport, large holding capacity, temperature and quality control, and prolonged period storage facility of the grains are driving the growth of the category. Government initiatives and policies promoting agricultural development and the adoption of advanced technology in the sector are further driving category growth.

Order your copy of the Grain Storage Silos category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis 

Grain Storage Silos Procurement Intelligence Report Scope

The Grain Storage Silos category is expected to have pricing growth outlook of 7% - 10% from 2023 to 2030, with below pricing models. 

Cost plus pricing modelMarket-based pricing modelVolume based pricing model

Supplier Selection Scope of Report

Cost and pricingPast engagementsProductivityGeographical presence

Supplier selection criteria of Report

By Storage CapacityAirtight SealingTemperature ControlVentilation SystemsMonitoring and Control SystemsSafety featuresOperational capabilitiesRegulatory standards and mandatesCategory innovationsothers

Grain Storage Silos Procurement Intelligence Report Coverage

Grand View Research will cover the following aspects in the report:

Market Intelligence along with emerging technology and regulatory landscapeMarket estimates and forecasts from 2022 to 2030Growth opportunities, trends, and driver analysisSupply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developmentsPorter’s 5 forcesPricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysisEngagement and operating models, KPI, and SLA elementsLCC/BCC analysis and negotiation strategiesPeer benchmarking and product analysisMarket report in PDF, Excel, and PPT and online dashboard versions 

Grain Storage Silos Procurement Cost and Supplier Intelligence

The category is fragmented with major players accounting for less market share. Companies are focusing on making partnerships, alliances and launching innovative products and solutions to attain global leadership. Strong focus on making a wide distribution network, offering a range of products, and catering to niche markets with vast customization, major players can have an advantage over others making use of economies of scale and resources and using their brand reputation. 

In March 2022, Sioux Steel Co., based out of the U.S. bought SCAFCO Grain Systems Co. A series of structures, grain bins, handling tools, drying technologies, and accessories are available with SCAFCO, which has installations in more than 80 nations. Sioux Steel's capability to transport products to customers across the globe will therefore be significantly improved by owning SCAFCO's goods, equipment, and plants. Players are also working on increasing their capacity to store large quantities of materials. For instance, Riviana Foods Inc., a subsidiary of Ebro Foods, SA that is located in Madrid, Spain, has built two additional silos at its wild rice processing plant in Minnesota, the United States. This expansion doubled the facility's storage capacity.

List of Key Suppliers

AGCO CorporationAGISilos CórdobaPRADO SILOSSymagaSIMEZABentall Rowlands Silo Storage LtdMysiloSukup Manufacturing Co.SCAFCO Grain Systems Co.

Add-on Services provided by Grand View Research Pipeline: 

Should Cost Analysis

Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process

Rate Benchmarking

Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier

Salary Benchmarking

Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.

Supplier Newsletter

A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.

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Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions. 

Our services include (not limited to):

Market Intelligence involving – market size and forecast, growth factors, and driving trendsPrice and Cost Intelligence – pricing models adopted for the category, total cost of ownershipsSupplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializingSourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions