
Fertilizer Spreader Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Fertilizer Spreader Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Fertilizer Spreader Market
The global fertilizer spreader market size was valued at USD 757.1 million in 2023 and is projected to grow from USD 792.8 million in 2024 to USD 1172.4 million by 2032, exhibiting a CAGR of 5.0% during the forecast period of 2024-2032.
The Fertilizer Spreader Market has felt the effects of the pandemic through disruptions in the delivery chain and contraction in agricultural sports due to the lockdowns. But as the food demand increased and the rural quarter restored from the doldrums, the marketplace regained with a transformation towards precision farming practices and sustainable farming, hampering the fertilizer spreader market growth.
As such, factors like demand for effective methods of farming to increase crop productivity, use of precise methods of agriculture, and increased concern for environmentally friendly practices drive the Fertilizer Spreader Market.
Intelligent and autonomous spreaders are revolutionizing fertilizer software. By integrating with IoT gadgets, these spreaders can get entry to real-time statistics on soil situations, climate, and crop fitness, enabling precision software and optimized fertilizer utilization, expanding the fertilizer spreader market share globally. Additionally, independent operation reduces complex work expenses and improves performance, considering well-timed and accurate fertilizer distribution. These improvements contribute to sustainable and green agriculture, maximizing crop yields while minimizing environmental effects.
Comprehensive Analysis of Fertilizer Spreader Market
The Fertilizer Spreader Market is segmented by type and application. In terms of kind, it includes drop spreaders and broadcast spreaders. The broadcast spreader section is projected to develop at an excessive CAGR because of its good-sized use across farms, public gardens, and commercial programs, profiting from its considerable hopper potential. The drop spreader segment additionally suggests robust growth, especially in applications requiring precise, even coverage on smaller regions, making it perfect for areas underneath 5000 square feet. The marketplace covers farms and public gardens by utility and uses commercial turf and domestic lawns. The farm section leads because of expanded agricultural automation. At the same time, public gardens and other packages see a regular increase, driven by the want for even fertilizer distribution throughout various spaces.
The Asia Pacific region led the fertilizer spreader market by benefitting a size of USD 298.7 million in 2023 due to the absence of human labor throughout the Asia Pacific area, calling for that merchandise to expand for the duration of the forecast.
The leading players in the fertilizer spreader market are crucial in shaping its growth trajectory and setting industry standards. Key companies such as Deere & Company (U.S.), Kubota Corporation (Japan), Mahindra & Mahindra Ltd. (India), Agco Corporation (U.S.), CNH Industrial N.V. (Netherlands), Claas KGaA mbH (Germany), Bucher Industries AG (KUHN Group) (Switzerland), Adams Fertilizer Equipment (U.S.), Dalton AG Inc (U.S.), Teagle Machinery Ltd (U.K.), and Bogballe A/S (Denmark) contribute to a competitive landscape. Their innovation and technological advancements drive the market forward, addressing the growing demand for efficient and precise fertilizer distribution.
In May 2024, Nexat, in partnership with Amazone, has introduced a new fertilizer spreader geared up with an advanced era. This answer includes unique border spreading structures, AutoTS and ClickTS, at the side of modern ArgusTwin and WindControl technologies that beautify lateral fertilizer distribution and adapt to environmental factors like wind.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2019 – 2032
Base Year
2023
Estimated Year
2024
Forecast Period
2024 – 2032
Historical Period
2019 – 2022
Growth Rate
CAGR of 5.0% over 2024 to 2032
Unit
Value (USD Million)
Segmentation
By Type
Drop Spreader
Broadcast Spreader
By Application
Farm
Public Gardens
Others (Commercial Turf Application, Home Lawns)
By Region
North America (Type, Application, and Country)
- U.S. (By Application)
- Canada (By Application)
- Mexico (By Application)
- Germany (By Application)
- Italy (By Application)
- France (By Application)
- U.K. (By Application)
- Russia (By Application)
- Rest of Europe
- China (By Application)
- India (By Application)
- Japan (By Application)
- South Korea (By Application)
- Rest of Asia Pacific
- South Africa (By Application)
- GCC (By Application)
- Israel (By Application)
- Rest of Middle East and Africa
- Brazil (By Application)
- Argentina (By Application)
- Rest of Latin America
Table of Contents
140 Pages
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Fertilizer Spreader Market Key Players Market Share Insights and Analysis, 2023
- 5. Global Fertilizer Spreader Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Type(USD)
- 5.2.1. Drop Spreader
- 5.2.2. Broadcast Spreader
- 5.3. By Application (USD)
- 5.3.1. Farm
- 5.3.2. Public Gardens
- 5.3.3. Others (Commercial Turf Application, and Home Lawns)
- 5.4. By Region (USD)
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia-Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East and Africa
- 6. North America Fertilizer Spreader Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Type(USD)
- 6.2.1. Drop Spreader
- 6.2.2. Broadcast Spreader
- 6.3. By Application (USD)
- 6.3.1. Farm
- 6.3.2. Public Gardens
- 6.3.3. Others (Commercial Turf Application, and Home Lawns)
- 6.4. By Country (USD)
- 6.4.1. U.S.
- 6.4.1.1. Application
- 6.4.1.1.1. Farm
- 6.4.1.1.2. Public Gardens
- 6.4.1.1.3. Others (Commercial Turf Application, and Home Lawns)
- 6.4.2. Canada
- 6.4.2.1. Application
- 6.4.2.1.1. Farm
- 6.4.2.1.2. Public Gardens
- 6.4.2.1.3. Others (Commercial Turf Application, and Home Lawns)
- 6.4.3. Mexico
- 6.4.3.1. Application
- 6.4.3.1.1. Farm
- 6.4.3.1.2. Public Gardens
- 6.4.3.1.3. Others (Commercial Turf Application, and Home Lawns)
- 7. Europe Fertilizer Spreader Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Type(USD)
- 7.2.1. Drop Spreader
- 7.2.2. Broadcast Spreader
- 7.3. By Application (USD)
- 7.3.1. Farm
- 7.3.2. Public Gardens
- 7.3.3. Others (Commercial Turf Application, and Home Lawns)
- 7.4. By Country (USD)
- 7.4.1. U.K.
- 7.4.1.1. Application
- 7.4.1.1.1. Farm
- 7.4.1.1.2. Public Gardens
- 7.4.1.1.3. Others (Commercial Turf Application, and Home Lawns)
- 7.4.2. Germany
- 7.4.2.1. Application
- 7.4.2.1.1. Farm
- 7.4.2.1.2. Public Gardens
- 7.4.2.1.3. Others (Commercial Turf Application, and Home Lawns)
- 7.4.3. France
- 7.4.3.1. Application
- 7.4.3.1.1. Farm
- 7.4.3.1.2. Public Gardens
- 7.4.3.1.3. Others (Commercial Turf Application, and Home Lawns)
- 7.4.4. Italy
- 7.4.4.1. Application
- 7.4.4.1.1. Farm
- 7.4.4.1.2. Public Gardens
- 7.4.4.1.3. Others (Commercial Turf Application, and Home Lawns)
- 7.4.5. Russia
- 7.4.5.1. Application
- 7.4.5.1.1. Farm
- 7.4.5.1.2. Public Gardens
- 7.4.5.1.3. Others (Commercial Turf Application, and Home Lawns)
- 7.4.6. Rest of Europe
- 8. Asia-Pacific Fertilizer Spreader Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Type(USD)
- 8.2.1. Drop Spreader
- 8.2.2. Broadcast Spreader
- 8.3. By Application (USD)
- 8.3.1. Farm
- 8.3.2. Public Gardens
- 8.3.3. Others (Commercial Turf Application, and Home Lawns)
- 8.4. By Country (USD)
- 8.4.1. China
- 8.4.1.1. Application
- 8.4.1.1.1. Farm
- 8.4.1.1.2. Public Gardens
- 8.4.1.1.3. Others (Commercial Turf Application, and Home Lawns)
- 8.4.2. Japan
- 8.4.2.1. Application
- 8.4.2.1.1. Farm
- 8.4.2.1.2. Public Gardens
- 8.4.2.1.3. Others (Commercial Turf Application, and Home Lawns)
- 8.4.3. India
- 8.4.3.1. Application
- 8.4.3.1.1. Farm
- 8.4.3.1.2. Public Gardens
- 8.4.3.1.3. Others (Commercial Turf Application, and Home Lawns)
- 8.4.4. South Korea
- 8.4.4.1. Application
- 8.4.4.1.1. Farm
- 8.4.4.1.2. Public Gardens
- 8.4.4.1.3. Others (Commercial Turf Application, and Home Lawns)
- 8.4.5. Rest of Asia-Pacific
- 9. Middle East & Africa Fertilizer Spreader Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Type(USD)
- 9.2.1. Drop Spreader
- 9.2.2. Broadcast Spreader
- 9.3. By Application (USD)
- 9.3.1. Farm
- 9.3.2. Public Gardens
- 9.3.3. Others (Commercial Turf Application, and Home Lawns)
- 9.4. By Country (USD)
- 9.4.1. GCC Countries
- 9.4.1.1. Application
- 9.4.1.1.1. Farm
- 9.4.1.1.2. Public Gardens
- 9.4.1.1.3. Others (Commercial Turf Application, and Home Lawns)
- 9.4.2. Israel
- 9.4.2.1. Application
- 9.4.2.1.1. Farm
- 9.4.2.1.2. Public Gardens
- 9.4.2.1.3. Others (Commercial Turf Application, and Home Lawns)
- 9.4.3. South Africa
- 9.4.3.1. Application
- 9.4.3.1.1. Farm
- 9.4.3.1.2. Public Gardens
- 9.4.3.1.3. Others (Commercial Turf Application, and Home Lawns)
- 9.4.4. Rest of Middle East & Africa
- 10. Latin America Fertilizer Spreader Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Type(USD)
- 10.2.1. Drop Spreader
- 10.2.2. Broadcast Spreader
- 10.3. By Application (USD)
- 10.3.1. Farm
- 10.3.2. Public Gardens
- 10.3.3. Others (Commercial Turf Application, and Home Lawns)
- 10.4. By Country (USD)
- 10.4.1. Brazil
- 10.4.1.1. Application
- 10.4.1.1.1. Farm
- 10.4.1.1.2. Public Gardens
- 10.4.1.1.3. Others (Commercial Turf Application, and Home Lawns)
- 10.4.2. Argentina
- 10.4.2.1. Application
- 10.4.2.1.1. Farm
- 10.4.2.1.2. Public Gardens
- 10.4.2.1.3. Others (Commercial Turf Application, and Home Lawns)
- 10.4.3. Rest of Latin America
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. AGCO Corporation
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. CNH Industrial N.V.
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. Deere & Company
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Kubota Corporation
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Claas KGaA mbH
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. Bogballe A/S
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Teagle Machinery Ltd
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Bucher Industries AG (KUHN Group)
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. Adams Fertilizer Equipment
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. Mahindra Group
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
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