Press release
Key Factor Supporting Fertilizing Machinery Market Development in 2025: Elevated Global Food Crop Demand Fuels Growth In The Fertilizing Machinery Market
Fertilizing Machinery Market
How Large Will the Fertilizing Machinery Market Size By 2025?
The market size for fertilizing machinery has seen robust growth in the past years. The current projections from $15.39 billion in 2024 to an estimated $16.6 billion in 2025, reveal a compound annual growth rate (CAGR) of 7.9%. This solid growth in the historical period can be traced back to factors such as shifts in agriculture, increasing population, regulatory measures by environmental bodies, and economic influences.
How Big Is the Fertilizing Machinery Market Size Expected to Grow by 2029?
The market size for fertilizing machinery is predicted to experience robust expansion in the upcoming years. It is anticipated to reach $21.13 billion by 2029, with a compound annual growth rate (CAGR) of 6.2%. The projected growth during this period can be linked to factors like ecological and sustainability issues, a surge in worldwide food demand, government policies and regulations, shifts in agricultural techniques, and variability in climate and weather conditions. Notable trends for this forecasting period involve technological progression, market amalgamation, autonomous and AI-influenced machinery, variable rate technology (VRT), and the integration with different farming tools.
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Which Key Market Drivers Powering Fertilizing Machinery Market Expansion and Growth?
The growth of the fertilizing machinery market is predicted to be driven by the surge in demand for food crops worldwide. The escalating need for food crops is a result of factors such as a growing global population, increased urbanization, and a shift in dietary habits towards foods that require more resources. Fertilizing machinery contributes to food crop production by ensuring the accurate and efficient allocation of nutrients to boost crop yield and endorsing sustainable farming methods to satisfy the increasing food demand. For example, the Ministry of Agriculture & Farmers Welfare in India reported that in the 2022-23 agricultural year, India's total foodgrain production was 3,296.87 lakh tons; an increase of 140.71 lakh tons from the 3,156.16 lakh tons produced the previous year. Therefore, the international surge in demand for food crops is fueling the expansion of the fertilizing machinery market.
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Which Fast-Growing Trends Are Poised to Disrupt the Fertilizing Machinery Market?
Prominent firms within the fertilizing machinery sector focus on fostering rural entrepreneurship through advancements and offerings such as support and training. This refers to the help provided to end-users or teams to aptly utilize a product, system, or service with directions, problem-solving techniques, and skills augmentation via diverse learning tools. For example, Raminfo Limited, a technology solutions company from India, introduced Kisan Drones in August 2024 to employ advanced drone technology for the thorough mapping of agricultural fields and efficient distribution of fertilizers. Aimed at boosting agricultural output, Kisan Drones is a drone-as-a-service platform which allows farmers to utilize drones, with the benefit of servicing and training for potential drone pilots, supplementing entrepreneurship in rural regions. Over the coming two years, the plan is to establish over 100 outlets across several different states, encouraging wider implementation of drone technology in agriculture.
What Are the Emerging Segments in the Fertilizing Machinery Market?
The fertilizing machinery market covered in this report is segmented -
1) By Product Type: Fertilizer Dryers, Fertilizer Screening Machines, Fertilizer Crushers, Fertilizer Granulators, Fertilizer Mixers
2) By Disc Type: Single Disc Fertilizer Spreaders, Double Disc Fertilizer Spreaders
3) By Application: Agriculture, Forestry, Greenbelt, Other Applications
Subsegments:
1) By Fertilizer Dryers: Rotary Dryers, Fluidized Bed Dryers, Spray Dryers, Drum Dryers
2) By Fertilizer Screening Machines: Vibrating Screeners, Trommel Screeners, Rotary Screeners
3) By Fertilizer Crushers: Hammer Crushers, Roller Crushers, Jaw Crushers
4) By Fertilizer Granulators: Disk Granulators, Drum Granulators, Pan Granulators
5) By Fertilizer Mixers: Horizontal Mixers, Vertical Mixers, Ribbon Blenders, Paddle Mixers
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Who Are the Global Leaders in the Fertilizing Machinery Market?
Major companies operating in the fertilizing machinery market include Deere and Company, Kuhn Group, AGCO Corporation, Kubota Corporation, Lanco Corporation, CNH Industrial NV, Mahindra Tractors, Simonsen Industries Inc., Crump Spreaders Australia, Salford Group Inc., Great Plains Manufacturing Inc., Dawn Equipment Company Inc., Yetter Manufacturing Company Inc., Bourgault Industries Ltd., Horsch Maschinen GmbH, Hardi International A/S, John Shearer Pty. Ltd., Morris Industries Ltd., Vaderstad-Verken AB, Kverneland Group, Amazone Ltd., Bogballe A/S, Rauch Landmaschinenfabrik GmbH, Sulky-Burel SAS, Vicon Industries Inc., Chandler Equipment Inc., Adams Fertilizer Equipment, Dalton Ag Products, Doyle Equipment Manufacturing Co., Newton Crouch Company LLC, RBR Enterprise, Willmar Fabrication LLC, GT Bunning and Sons Ltd, Cosmo Srl, Fimco Industries, Gandy Company
Which are the Top Profitable Regional Markets for the Fertilizing Machinery Industry?
Asia-Pacific was the largest region in the fertilizing machinery market in 2023. North America was the second largest region in the fertilizing machinery market analysis. The regions covered in the fertilizing machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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