Press release
Rising Global Food Consumption And Population Growth Fueling The Demand For Fertilizing And Plant Protection Equipment Market
Fertilizing And Plant Protection Equipment Market Size
What Is the Projected Growth of the Fertilizing And Plant Protection Equipment Market?
The Fertilizing And Plant Protection Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Fertilizing And Plant Protection Equipment Market?
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What Are the Different Fertilizing And Plant Protection Equipment Market Segments?
The fertilizing and plant protection equipment market covered in this report is segmented -
1) By Type: Planting Machinery, Fertilizing Machinery
2) By Product Type: Sprayers, Hand Operated Sprayers, Motorized Sprayers, Boom Sprayers, Airblast Sprayers, Aerial Sprayers, Dusters, Other Types
3) By Application: Horticulture, Farm, Other Applications
Subsegments:
1) By Planting Machinery: Seed Drills, Planters, Transplanters, Soil Preparers
2) By Fertilizing Machinery: Fertilizer Spreaders, Liquid Fertilizer Applicators, Fertilizer Injectors, Fertilizer Granulators
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What Are the Primary Drivers Shaping the Fertilizing And Plant Protection Equipment Market?
The rise in global food consumption and population is anticipated to fuel the expansion of the fertilizing and plant protection equipment sector in the future. Global food consumption pertains to the cumulative amount of food and calories ingested by individuals. Equipment for fertilizing and plant protection serve to safeguard plants and augment crop yields. For example, in May 2022, the US Department of Agriculture, an American federal executive department, indicated that US food production had scaled up to 182.7 million hundredweight, with import growth of 10% predicted to hit a historic high of 38.0 million hundredweight in 2022. Consequently, the surge in global food consumption and demographic growth will stimulate the fertilizing and plant protection equipment industry.
Which Companies Are Leading in the Fertilizing And Plant Protection Equipment Market?
Major companies operating in the fertilizing and plant protection equipment market include Deere & Company, CropMetrics LLC, Trimble Navigation Limited., CropX Inc., AgSmarts Inc., AgSense LLC, AGCO Corporation, Dickey-John Corporation, Monsanto Company, Ag Leader Technology Inc., Farmers Edge Inc., Geosys Holdings ULC, Granular Inc., Gro Intelligence Inc., Proagrica, Kubota Corporation, Mahindra & Mahindra Ltd., Kuhn S.A., Bucher Industries AG, Escorts Limited, Yanmar Co. Ltd., Iseki & Co. Ltd., Kverneland Group, Amazonen-Werke H. Dreyer GmbH & Co. KG, Fendt GmbH, Hardi International A/S, Horsch Maschinen GmbH, Lemken GmbH & Co. KG, Great Plains Manufacturing Inc., CNH Industrial America LLC
What Are the Major Trends Shaping the Fertilizing And Plant Protection Equipment Market?
Leading businesses in the fertilizing and plant protection equipment market are embracing the approach of strategic partnerships to foster product innovation, widen their market footprint, and boost sustainable agricultural methods. This strategy pertains to a practice where companies exploit each other's capabilities and resources for mutual gains and success. For instance, in September 2023, agricultural and construction equipment manufacturer, John Deere partnered with Yara International ASA, a chemical company in the US, to enhance fertilization efficiency. This collaboration is aimed at enabling farmers to elevate their crop yields and streamline fertilizer applicability, thereby facilitating their effort to meet the objectives of the European Union's Farm to Fork Strategy.
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What Are the Top Revenue-Generating Geographies in the Fertilizing And Plant Protection Equipment Market?
Asia-Pacific was the largest region in the fertilizing and plant protection equipment market in 2024. The regions covered in the fertilizing and plant protection equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Fertilizing And Plant Protection Equipment Market?
2. What is the CAGR expected in the Fertilizing And Plant Protection Equipment Market?
3. What Are the Key Innovations Transforming the Fertilizing And Plant Protection Equipment Industry?
4. Which Region Is Leading the Fertilizing And Plant Protection Equipment Market?
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