Silos are utilized in agriculture sector to store different types of grains such as rice, wheat, maize, barley, and others. Grain silos play a crucial role in packaging and storing produce, as they are high-capacity commercial structures that are used for permanent grain storage. Thus, farmers from the North American and European regions are investing in setting-up of silos. This increasingly facilitates the storage of grains, and with appropriate conditions, they can be stored for a longer period of time, irrespective of the external weather conditions.

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On the basis of geography, Asia Pacific region is expected to have considerable market growth during the forecast period, due to the presence of densely populated countries, such as China and India. The region’s increasing population and rising income levels are factors that are projected to drive the demand for food and agricultural commodities in the coming years. On the other hand, the region has limited arable land, inadequate water, low farm yields, and increased soil degradation conditions due to urbanization. China and India are ranked first and second, in terms of rice and wheat production, at the global level.

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Some of the key players in Grain Silos and Storage System Market include Bentall ROWlands Silo Storage Ltd., Mysilo, Sukup Manufacturing Co., Hoffmann, Inc., AGCO Corporation, Silos Cordoba, Polnet Sp. Z O.O., Brock Grain Systems, Behlen Mfg. Co., Sioux Steel Company, Superior Grain Equipment, Scafco Grain Systems Co., Prado Silos, Mulmix Spa Unipersonale, and Simeza.

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