Farm Product Storage & Warehousing in the US - Industry Market Research Report
Description
Farm Product Storage & Warehousing in the US
Companies in the Farm Product Storage and Warehousing industry operate bulk farm product warehousing and storage facilities. Industry performance depends on the agricultural market and related international trade, as storage companies generate revenue by transporting, storing and packing agricultural goods. Farm-level decisions on when and how much of that agricultural output to store are subject to numerous influences that may be volatile in nature. Due to this, industry performance shifts each year. For example, weather patterns affect crop yields, while global production and demand drive prices. Based on these factors, farmers decide what products to store to maximize profit in a given season. Altogether, Farm Product Storage and Warehousing industry revenue has inched downward at a CAGR of 0.8% over the past five years and is expected to total $977.8 million in 2023, when revenue will jump by an estimated 0.9%.
This industry operates bulk farm product warehousing and storage facilities, except refrigerated storage. 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. Most operators are involved in storing grain and other farm products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Companies in the Farm Product Storage and Warehousing industry operate bulk farm product warehousing and storage facilities. Industry performance depends on the agricultural market and related international trade, as storage companies generate revenue by transporting, storing and packing agricultural goods. Farm-level decisions on when and how much of that agricultural output to store are subject to numerous influences that may be volatile in nature. Due to this, industry performance shifts each year. For example, weather patterns affect crop yields, while global production and demand drive prices. Based on these factors, farmers decide what products to store to maximize profit in a given season. Altogether, Farm Product Storage and Warehousing industry revenue has inched downward at a CAGR of 0.8% over the past five years and is expected to total $977.8 million in 2023, when revenue will jump by an estimated 0.9%.
This industry operates bulk farm product warehousing and storage facilities, except refrigerated storage. 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. Most operators are involved in storing grain and other farm products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
78 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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