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Elevated Global Food Crop Demand Fuels Growth In The Fertilizing Machinery Market: A Key Catalyst Accelerating Fertilizing Machinery Market Growth in 2025
Fertilizing Machinery Market
Fertilizing Machinery Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for fertilizing machinery has seen robust expansion in recent years. Projected to develop from $15.58 billion in 2024 to $16.6 billion in 2025, this sectors' growth signifies a compound annual growth rate (CAGR) of 6.6%. This growth during the historical period is connected to agricultural trends, burgeoning population, environmental norms, and economic elements.
Fertilizing Machinery Market Size Forecast: What's the Projected Valuation by 2029?
The market size for fertilizing machinery is predicted to witness significant expansion in the approaching years. It is projected to reach a value of $21.08 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.2%. This expected growth during the forecast period can be associated with factors such as environmental sustainability concerns, surging global demand for food, governmental incentives and regulations, alterations in farming practices, and the impact of climate change and fluctuating weather conditions. The key trends anticipated during this forecast period encompass advancements in technology, market amalgamation, autonomous and AI-based machinery, variable rate technology (VRT), and amalgamation with other kinds of farming equipment.
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What Are the Drivers Transforming the Fertilizing Machinery Market?
The fertilizing machinery market is projected to grow, fueled by global high demand for food crops. The increasing need for food crops stems from factors such as population growth, urbanization expansion, and shifts in dietary preferences towards more resource-intensive foods. Fertilizing machinery aids in food crop production by providing precise and efficient nutrient distribution, enhancing crop yield, and promoting sustainable agricultural practices to cater to the growing food demand. For instance, the Ministry of Agriculture & Farmers Welfare in India reported that for the agricultural year 2022-23, a total foodgrain production of 3,296.87 lakh tons was attained. This was an increment of 140.71 lakh tons compared to the previous year's yield of 3,156.16 lakh tons. Therefore, the worldwide high demand for food crops is propelling the expansion of the fertilizing machinery market.
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What Trends Will Shape the Fertilizing Machinery Market Through 2029 and Beyond?
Leading firms in the fertilizing machinery industry are instigating innovative strategies, like offering support and training, to encourage a new era of entrepreneurship in rural regions. Support and training encompass any aids and guidance offered to enable users or groups to effectively engage with a product, system, or service, including guidance, problem-solving, and skill development via various educational assets. For example, in August 2024, an India-based tech solutions company, Raminfo Limited, introduced Kisan Drones, using cutting-edge drone technology for precise field mapping and efficient fertilizer dissemination. Kisan Drones is a drone-as-a-service solution designed to improve agricultural productivity by delivering precision in field mapping and effectiveness in fertilizer distribution. The solution will give farmers access to drones, along with services and pilot training, thereby promoting entrepreneurship in rural localities. The plan is to set up more than 100 stores across several states in the upcoming two years, backing the widespread uptake of drone technology in agriculture.
Which Segments in the Fertilizing Machinery Market Offer the Most Profit Potential?
The fertilizing machinerymarket 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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Which Firms Dominate the Fertilizing Machinery Market by Market Share and Revenue in 2025?
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 Regions Offer the Highest Growth Potential in the Fertilizing Machinery Market?
Asia-Pacific was the largest region in the fertilizing machinery market in 2024. 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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