市场调查报告书
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1087063
作物贮存:全球市场预测(2022年~2027年)Global Crop Storage Market - Forecasts from 2022 to 2027 |
全球作物贮存的市场规模预测将从2020年的26亿200万美金,在预测期间内预计将以6.05%的年复合成长率扩大,到2027年达到39亿2,400万美元。
本报告提供作物贮存的世界市场调查,提供市场规模和预测,市场促进因素及课题,市场趋势,各市场区隔的市场分析,竞争情形,主要企业的简介等系统性资讯。
The global crop storage market is projected to witness a CAGR of 6.05% during the forecast period to reach a market size of US$3.924 billion by 2027, increasing from US$2.602 billion in 2020.
Introduction.
Crop storage is a crucial aspect of agriculture and consumes post-harvest technology, ensuring safe and secure storage. The prime aim of storing agricultural products is to reserve and provide a continuous supply of food between the harvest seasons and assure there is seed for subsequent planting. Secondly, it guarantees equitable distribution and supply of produce throughout the year or a given period, preservation for unknown future of low productivity, and price control or stabilization.
The commitment to end world hunger by 2030 is a significant force behind adopting storage facilities worldwide. In terms of population, it is estimated that between 720 and 811 million people in the world will face hunger in 2020, according to FAO. This growing number, coupled with the incidence of the Covid-19 pandemic, has revealed the importance of food security. Thus, the market for crop storage is bound to expand in the years to come. Again, the surplus production in the agricultural belts in the absence of a proper storage facility is dumped. The crop storage facility is the bridge between surplus production on the one hand and striving hunger on the other.
Geographically, the North American region is expected to dominate the market as it houses several players. The region also reports surplus food production, and the agricultural sector is capital intensive in nature. By type, cold storage is the most commonly used one. The protection of grains from humidity and pest is the prime reason behind using cold storage.
Growth Factors.
The world population stands at 7.8 billion in 2021, with a growth rate of 1.1%, according to the United Nations Population Fund, and this number is expected to rise during the forecasted period; however, the land resources are constant. Furthermore, the opportunity cost which will incur in order to increase agricultural productivity is relatively high considering the scarce resources. As there will be more mouths to feed in the coming years, a well-equipped storage facility will help reduce the burden on land resources. This dichotomy is a prime reason behind the growth of the market
Grain-producing nations like the United States, Russia, India, Brazil, and others, have driven the crop storage market during the forecast period. These nations often produce in excess quantities, which are stored for trade or future domestic uses. The demand is being factored by the economic standpoint of storing grains which can help improve a country's balance of payment position and increase the value-added by agriculture in GDP.
Impact of COVID-19
COVID-19 spread has seriously impacted the global economies, surging food insecurities across the globe. Food prevailed through 2021 and is expected to remain in 2022. This has increased the importance of crop storage, and the countries are enhancing their long-term storage facilities to mitigate such unprecedented impacts in the future. Thus, newer opportunities wait for the market amidst the impact of the pandemic.
Key Development
The Prairie Agricultural Machinery Institute (PAMI) received nearly $484,000 to complete its grain innovation facility near Portage la Prairie in 2018.
Segmentation:
Cool
Warm
Cyro
Traditional
Drying Cribs
Bag Storage
Bamboo Boxes
Drums
Others
Farmers
Grain Storage Centers
Seed Storage Centers
North America
South America
Europe
Middle East and Africa
Asia Pacific