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Farm Product Storage & Warehousing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Farm Product Storage & Warehousing Market Research Report | NAICS 49313 | Aug 2016

Plentiful harvest: Increasing demand from biofuel producers supports a return to industry growth

IBISWorld’s Farm Product Storage & Warehousing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Russia’s ban on wheat exports underpinned the demand from US wheat farmers
  • A long-term trend has been the rise in demand for agricultural products from developing countries
  • Demand from crop farming is expected to grow over the next five years
  • ... purchase to read more

Industry Analysis & Industry Trends

The Farm Product Storage and Warehousing industry's performance depends largely on the performance of the upstream agricultural sector and related international trade. Industry operators generate revenue by transporting, storing and packing agricultural goods. Over the five years to 2021, industry revenue is anticipated to continue its decline. Demand from soybean farming is forecast to decline and corn farming is anticipated to only grow slightly. Overall crop production exhibits long-term stable trends, as demand is relatively inelastic... ... purchase to read more

Industry Report - Industry Investment Chapter

The Farm Product Storage and Warehousing industry has a low level of capital intensity of 3.2%. For every dollar spent on labor costs, the average operator spends an estimated $0.03 on capital equipment. Capital intensity has decreased slightly from $0.04 spent on equipment per dollar for labor. Although this ratio is counterintuitive when considering the size of grain silos and storage sites, the nature of the industry makes labor particularly important. Most equipment for storage of grain is structurally large but less complex in construction than a typical factory. The industry does not include any refrigeration storage, which also limits capital outlays. Typical industry operations are large structures on farms or near farmland that exhibit low depreciation based on their longevity. Wag.. ... purchase to read more

Additional Insights for the Farm Product Storage & Warehousing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Farm Product Storage & Warehousing Industry are

  • Proximity to transport
  • Access to the latest available and most efficient technology and techniques
  • Appropriate climatic conditions
  • IBISWorld analysts also discuss how external factors such as Demand from crop production and Trade-weighted index in the Farm Product Storage & Warehousing industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Farm Product Storage & Warehousing Industry?

    This industry operates bulk farm product warehousing and storage facilities (except refrigerated). Warehouses generally provide facilities and storage services for agricultural goods and are responsible for maintaining their security and condition. However, warehouses do not take ownership of or sell those goods. The majority of this industry is involved in storing grain and other farm products.

    Industry Products
    Storage services Handling servicesPacking services
    Industry Activities
    Bonded warehousing of farm products Farm product warehousing and storage Grain elevator storage Warehousing farm products

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from crop production
  • Trade-weighted index
  • Per capita sugar and sweetener consumption
  • Per capita wheat flour consumption
  • Population
  • Current Performance
  • Volatile agricultural sector
  • Renewable energy demand
  • Global conditions
  • Profit
  • Chart: Revenue Growth
  • Industry Outlook
  • Recovering agricultural sector will boost revenue
  • Genetic modification
  • Trade weighs on revenue
  • Table: Farm Product Storage & Warehousing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Farm Product Storage & Warehousing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Soybean Farming
  • Oilseed Farming
  • Corn Farming
  • Wheat, Barley & Sorghum Farming
  • Hay & Crop Farming
  • Key Selling Industries
  • Forklift & Conveyor Manufacturing
  • Metal Tank Manufacturing
  • Pesticide Manufacturing
  • Steel Framing
  • Tractors & Agricultural Machinery Manufacturing
  • Products & Services
  • Storage services
  • Handling services
  • Packing services
  • Other
  • Chart: Farm Product Storage & Warehousing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Corn farmers
  • Wheat farmers
  • Soybean farmers
  • Other
  • Chart: Major Market Segmentation for the Farm Product Storage & Warehousing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Farm Product Storage & Warehousing
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Farm Product Storage & Warehousing Industry
  • Industry Globalization
    Major Companies
    Archer Daniels Midland Company
  • Table: Archer Daniels Midland Company - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Farm Product Storage & Warehousing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Farm Product Storage & Warehousing Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • World price of crude oil (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • Fuels made from organic materials such as ethanol and biodiesel.
  • Country Elevator
  • Grain elevators that receive grain directly from producers for storage, prior to transportation
  • Ethanol
  • A form of alcohol used as a fuel, which is primarily made from grains such as corn and soybeans. It is considered to be a renewable fuel with fewer pollutants.
  • Genetically Modified
  • A technique where specific changes are introduced into a plant or animal's DNA by genetic engineering techniques. The most common modified foods include soybeans, corn and canola.
  • On-Farm Storage
  • Farms that have their own facilities for storing harvested grain.
  • Oxidant
  • A substance that oxidizes another element or compound by accepting electrons in a chemical reaction.
  • Terminal
  • Grain elevators that receive grain after inspection and then clean, store, and treat grain before moving it forward

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Farm Product Storage & Warehousing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Farm Product Storage & Warehousing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Farm Product Storage & Warehousing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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