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The global grain elevator market size is expected to grow at a CAGR of 5.50% between 2023 and 2028. The market is being driven by growing expansion of the agriculture sector and rising standards of living across the emerging economies.
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A grain elevator is defined as a large building or facility used for storing grain, typically with a tall frame that utilises vertical space in addition to horizontal. This facility works on an internal combustion engine which moves and stores grains. Using a pneumatic conveyor, the grain elevator scoops a stockpile of grain and deposits it as needed. Grain elevators are commonly located across rural areas where farmers can easily access them.
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Based on product type, the market is segmented into flat bottom, hopper bottom, and conical, among others. On the basis of storage capacity, the grain elevator market is classified into up to 50,000 tonnes, 51,000 - 150,000 tonnes, and 151,000 - 300,000 tonnes, among others. By grain, the market is divided into rice, wheat, pulses, oil seeds, and maize and coarse grain, among others. Based on application, the market is categorised into residential, and commercial, among others. The regional markets for grain elevators are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global grain elevator market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The flat bottom segment, based on product type, accounts for a healthy share of the grain elevator market. This can be attributed to the specialised operational properties of this type of grain elevator which supports active aeration systems and reliable protection of grain from any potential damage. It also keeps the grains away from birds, rodents, and moisture offering added protection. This type of grain elevator is used to store a variety of grains such as wheat, oat, barley, and sunflower seeds, among others, which is further escalating the segment’s growth. Furthermore, growing innovations in flat bottom grain elevators, aimed at matching the dimensions of component parts for better output, are expected to aid the segment in the forecast period.
Based on grain, the rice segment occupies a significant share in the grain elevator market as grain elevators facilitate the process of drying, storing, and processing of different varieties of rice. In this regard, the increasing demand for rice in household and commercial areas such as restaurants and hotels, is fuelling the segment’s growth. Rice is also a staple of traditional diets in regions such as the Asia Pacific, generating large volume demands for rice. Grain elevator enhance the quality of rice by keeping hygroscopic balance, along with stable water content. Moreover, this equipment also conserves grain mass which improves the packaging quality.
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Allied Grain Systems is a leading industrial consultant which designs, constructs, and handles high-quality grain handling and storage solutions. Based out of New South Wales in Australia and founded in 2004, the company provides on-farm silos to growers which maximise commercial grain handling capacities. The product portfolio of this company includes flat bottom silos, cone silos, belt conveyors, and grain pumps, among others.
AGI Brasil is a renowned manufacturer of grain storing, handling, and conditioning equipment which also ensures high-quality and safe service. The storage product portfolio of this company includes the AGI flat bottom bin, AGI elevated bin, and AGI delivery bin. The company was founded in 1996 and is currently headquartered in Candido Mota, Brazil.
Zen-Noh Grain Corp was founded in 1979 with headquarters in Louisiana in the United States with an aim to establish a stable and secure supply of foodgrains and soybeans in the United States for compound feed production in Zen-Noh feed mills located in Japan. The company’s grain elevator is considered to be among the fastest export elevators worldwide.
Other market players include JV Dan, T&S Sales, Bunge North America, Wuhan Wobota Machinery Co Lyd, Yanmar Group, SMIC, Guangzhou Xianyi, Shanghai Huaqing, Harris Products, and Axend PTE Ltd, among others.
REPORT FEATURES | DETAILS |
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Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Storage Capacity |
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Breakup by Grain |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Grain Elevator Market Analysis
8.1 Key Industry Highlights
8.2 Global Grain Elevator Historical Market (2018-2022)
8.3 Global Grain Elevator Market Forecast (2023-2028)
8.4 Global Grain Elevator Market by Product Type
8.4.1 Flat Bottom
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Hopper Bottom
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Conical
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Grain Elevator Market by Storage Capacity
8.5.1 Up to 50,000 Tonnes
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 51,000 - 150,000 Tonnes
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 151,000 - 300,000 Tonnes
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Grain Elevator Market by Grain
8.6.1 Rice
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Wheat
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Pulses
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Oil Seeds
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Maize and Coarse Grain
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Others
8.7 Global Grain Elevator Market by Application
8.7.1 Residential
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Commercial
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Others
8.8 Global Grain Elevator Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Grain Elevator Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
10 Europe Grain Elevator Market Analysis
10.1 Kazakhstan
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Russia and CIS
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 Others
11 Asia Pacific Grain Elevator Market Analysis
11.1 Australia
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 Others
12 Latin America Grain Elevator Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Allied Grain Systems
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 AGI Brasil
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Zen-Noh Grain Corp
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 JV Dan
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 T&S Sales
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Bunge North America
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Wuhan Wobota Machinery Co Lyd
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Yanmar Group
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 SMIC
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Guangzhou Xianyi
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Shanghai Huaqing
14.2.11.1 Company Overview
14.2.11.2 Product Portfolio
14.2.11.3 Demographic Reach and Achievements
14.2.11.4 Certifications
14.2.12 Harris Products
14.2.12.1 Company Overview
14.2.12.2 Product Portfolio
14.2.12.3 Demographic Reach and Achievements
14.2.12.4 Certifications
14.2.13 Axend PTE Ltd
14.2.13.1 Company Overview
14.2.13.2 Product Portfolio
14.2.13.3 Demographic Reach and Achievements
14.2.13.4 Certifications
14.2.14 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Grain Elevator Market: Key Industry Highlights, 2018 and 2028
2. Global Grain Elevator Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Grain Elevator Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Grain Elevator Historical Market: Breakup by Storage Capacity (USD Million), 2018-2022
5. Global Grain Elevator Market Forecast: Breakup by Storage Capacity (USD Million), 2023-2028
6. Global Grain Elevator Historical Market: Breakup by Grain (USD Million), 2018-2022
7. Global Grain Elevator Market Forecast: Breakup by Grain (USD Million), 2023-2028
8. Global Grain Elevator Historical Market: Breakup by Application (USD Million), 2018-2022
9. Global Grain Elevator Market Forecast: Breakup by Application (USD Million), 2023-2028
10. Global Grain Elevator Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Grain Elevator Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Grain Elevator Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Grain Elevator Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Grain Elevator Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Grain Elevator Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Grain Elevator Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Grain Elevator Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Grain Elevator Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Grain Elevator Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Grain Elevator Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Grain Elevator Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Grain Elevator Market Structure
The market is estimated to grow at a CAGR of 5.50% between 2023 and 2028.
The thriving agriculture sector, growing adoption of grain elevators to boost financial gains, increasing population, and rising demand for food grains such as rice, wheat, pulses, and maize are the major drivers of the market.
The key trends in the market include the rising demand for food grains in the commercial and household sectors and increasing investments aimed towards expanding food grain facilities.
Flat bottom, hopper bottom, and conical, among others, are the different product types included in the grain elevator market report.
The various storage capacities of grain elevators in the market are up to 50,000 tonnes, 51,000 - 150,000 tonnes, and 151,000 - 300,000 tonnes, among others.
Rice, wheat, pulses, oil seeds, and maize and coarse grain, among others, are the different grains in the market.
Residential, and commercial, among others, are the major applications of grain elevators in the market.
A grain elevator contains an internal combustion engine and sets of conveyer belts to help in the movement of grains.
Grain elevators are commonly made from concrete or steel, depending upon the product type and side pressure.
Allied Grain Systems, AGI Brasil, Zen-Noh Grain Corp, JV Dan, T&S Sales, Bunge North America, Wuhan Wobota Machinery Co Lyd, Yanmar Group, SMIC, Guangzhou Xianyi, Shanghai Huaqing, Harris Products, and Axend PTE Ltd, among others, are the key market players, according to the report.
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