(Companies: Archer Daniels Midland Company, Cargill, and CBH Group.)
North America’s farm product warehousing and storage market accounts for the largest share in the global farm product warehousing and storage market.
The farm product warehousing and storage market consists of sales of farm product warehousing and storage services by entities (organizations, sole traders and partnerships) that provide farm product warehousing and storage facilities and services.
The farm product warehousing and storage market expected to reach a value of nearly $68.58 billion by 2022, significantly growing at a rate of approximately 9.2% during the forecast period. The growth in the farm product warehousing and storage market can be attributed to the increasing retail penetration.
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However, the market for farm product warehousing and storage is expected to face certain restraints from several factors such as increasing infrastructure costs and maintenance costs. Warehouse operators are now constructing multi-story warehouses in densely populated cities and expensive land spaces. A multi-story warehouse is a warehouse consisting of more than one floor designed to increase the usable floor space per square foot of land. It results in better land utilization rate and enhances operational efficiency. Multi-story warehouses have been successful in densely populated cities predominantly in Asian countries such as China, Japan, Hong Kong and Singapore, due to high land and construction costs, small site areas and limited industrial land availability. Multi-story warehouses in Hong Kong average 12 floors. Prologis, the world’s biggest warehouse owner, has also started construction to build the first multi-story warehouse in the USA.
Major players in the global farm product warehousing and storage market include Archer Daniels Midland Company, Cargill, and CBH Group. Cargill Incorporated is an American privately held global corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue.
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Few Points From Table Of Contents:
4. Farm Product Warehousing and Storage Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Farm Product Warehousing and Storage Market Supply Chain
5.1. Supply Chain
5.3. End Customers
6. Farm Product Warehousing and Storage Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Farm Product Warehousing and Storage Market Trends And Strategies
8. Farm Product Warehousing and Storage Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Farm Product Warehousing and Storage Market Regional Analysis
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