The Global Fertilizer Spreader Sales to Get a Boost. According to Arizton More than 755,000 Units to be Sold by 2028. Mounted Fertilizer Spreader to Witness Tremendous Demand.

CHICAGO, Dec. 7, 2022 /PRNewswire/ -- According to Arizton's latest research report, the fertilizer spreader market will grow at a CAGR of 4.37% from 2022-2028. Development of smart and autonomous spreaders, increased food consumption & population growth, and fiscal support to farmers through loans & subsidies are some of the latest trends in the market. A new frontier of innovation emerged as agriculture met digital technologies, opening various paths to smart agriculture in the future. GPS and remote sensing make farming more accurate and productive, thereby gaining high traction in the fertilizer spreader market.

The U.S. fertilizer spreader sales grew by approximately 10.3%, and the mounted type of spreader segment enjoyed high growth compared to 2020. Good business turnover among hobby and livestock farmers was one of the factors driving the steady growth of the mounted type of fertilizer spreader segment. The MEA and Latin America still have negligible farm mechanization, and vendors can explore these regions with a portfolio of mounted and trailed spreaders suitable for the specific regions. The fertilizer spreader market is in the growth stage, and manufacturers are looking for capacity augmentation in key countries.

The mounted fertilizer spreader segment generated the highest sales in almost all global regions. This segment mainly includes fertilizer spreaders mounted on trucks or tractors. The mounted fertilizer spreader and solid fertilizer type segments account for most of the development of the North American fertilizer spreader market. The mounted fertilizer spreader segment shipments are expected to reach 393.1 thousand units in 2028.

Fertilizer Spreader Market Report Scope

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Population growth directly affects the demand for food items as the number of mouths to feed increases. Global food production will likely increase by 70% by 2050 to feed an additional 2.2 billion people. Developing countries need to double their food production. An additional 200 million tons of meat and one billion tons of cereals will be required to produce per annum by 2050. This projects the intensity of technical advances and innovations required in the coming years. Fertilizer spreaders, the muscle of modern agriculture, will play a vital part in global food production during the forecast period. This, in turn, causes the demand for the fertilizer spreader market to be fueling rapidly. 

Why Should You Buy This Report?

This report is among the few in the market that offer outlook and opportunity analysis forecast in terms of:

• Market size & forecast volume 2020–2028 (Units)
• Segmentation by mounting type
• Segmentation by fertilizer type
• Segmentation by geography
• Major current and upcoming projects and investments
• Competitive intelligence about the economic scenario, advantages and benefits of fertilizer spreaders, market dynamics, and shares
• Latest and innovative technologies
• Import and export analysis
• COVID-19 impact analysis
• Company profiles of major and other prominent vendors
• Market shares of major vendors

AGCO Corporation, Deere & Co., CNH Industrial, Kuhn Group are the major global fertilizer spreader market vendors. The competition among these leading players on the global stage is high. Several players offer various agricultural equipment to achieve economies of scale. Most players follow the acquisition strategy. Vendors are using innovative market models to accelerate growth and concentrate on expanding their portfolios. Many foreign players are expected to expand their market presence, particularly in the developing countries of APAC and Europe, to gain more market share during the forecast period. Improvements in global economic conditions will boost demand expansion, making it an enticing time to introduce new products.

Farm Mechanizations to Boost the Market Demand

Prominent and emerging countries across the globe are witnessing a high rate of farm mechanization; however, the level of mechanization varies among geographical regions. In agricultural countries such as India, China, and the US, there is a need to implement advanced technology to increase production and net incomes due to high growth in the countries. These countries are also adopting farm mechanization at a faster rate. Fertilizer spreaders used on the farm generally account for some of the significant parts of mechanization in the country. In 2021, China and India were the largest fertilizer spreader market in terms of sales in APAC. According to the World Bank, more than 50% of the population will migrate to cities by 2050. This migration will drastically affect the workforce engaged in the agriculture sector, further boosting the contribution of farm mechanization.

Key Company Profiles

• AGCO Corporation
• CNH Industrial
• Deere & Company
• Kuhn Group
• Amazone Werke
• Adams Fertilizer Equipment
• Eurospand Cavallo
• CEA AGRIMIX
• Montag Mfg
• Salford Group
• Cleris
• Takakita
• Enorossi
• Vervaet
• Kuxmann

Market Segmentation Analysis

Mounting

• Mounted
• Trailed
• Self-propelled

Fertilizer

• Solid
• Liquid

Geography

• North America
• US
• Canada
• Europe
• Germany
• France
• Italy
• Russia
• Spain
• APAC
• India
• China
• New Zealand
• Australia
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East and Africa
• Turkey
• South Africa

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Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.3.1 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 MARKET AT A GLANCE

7 PREMIUM INSIGHTS

8 INTRODUCTION

8.1 OVERVIEW

8.2 BENEFITS OF USING FERTILIZER SPREADERS

8.2.1 INCREASED PRODUCTION OUTPUT

8.2.2 FILL THE GAP IN MANUAL LABOR

8.2.3 INCREASED ATTENTION TO ACCURACY

8.3 IMPORT & EXPORT STATISTICS

8.3.1 TOP IMPORTERS OF MANURE SPREADERS & FERTILIZER DISTRIBUTORS

8.3.2 TOP EXPORTERS OF MANURE SPREADER & FERTILIZER DISTRIBUTOR

8.4 IMPACT OF RUSSIA-UKRAINE WAR ON FERTILIZER MARKET

8.4.1 EFFECTS OF THE WAR ON POTASH & NITROGEN PRODUCTION

8.5 INCREASED PRECISION FARMING

9 MARKET OPPORTUNITIES & TRENDS

9.1 DEVELOPMENT OF SMART & AUTONOMOUS SPREADERS

9.2 INCREASED FOOD CONSUMPTION & POPULATION GROWTH

10 MARKET GROWTH ENABLERS

10.1 FISCAL SUPPORT TO FARMERS THROUGH LOANS & SUBSIDIES

10.2 INCREASED FARM MECHANIZATION

10.3 LACK OF SKILLED FARM LABOR

11 MARKET RESTRAINTS

11.1 LACK OF AWARENESS OF LATEST DEVELOPMENTS IN AGRICULTURAL TECHNOLOGIES

11.1.1 LACK OF EDUCATED FARMERS IN EMERGING COUNTRIES

11.1.2 RESOURCE SCARCITY OF SMALL- & MEDIUM-SCALE FARMERS

11.2 IMPACT OF CLIMATE CHANGE ON AGRICULTURAL ACTIVITIES

11.3 VOLATILITY IN RAW MATERIAL COSTS

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 MARKET SIZE & FORECAST

12.3 FIVE FORCES ANALYSIS

12.3.1 THREAT OF NEW ENTRANTS

12.3.2 BARGAINING POWER OF SUPPLIERS

12.3.3 BARGAINING POWER OF BUYERS

12.3.4 THREAT OF SUBSTITUTES

12.3.5 COMPETITIVE RIVALRY

13 MOUNTING TYPE

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 MOUNTED

13.3.1 MARKET OVERVIEW

13.3.2 MARKET SIZE & FORECAST

13.3.3 MARKET BY GEOGRAPHY

13.4 TRAILED

13.4.1 MARKET OVERVIEW

13.4.2 MARKET SIZE & FORECAST

13.4.3 MARKET BY GEOGRAPHY

13.5 SELF-PROPELLED

13.5.1 MARKET OVERVIEW

13.5.2 MARKET SIZE & FORECAST

13.5.3 MARKET BY GEOGRAPHY

14 FERTILIZER TYPE

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 SOLID

14.3.1 MARKET OVERVIEW

14.3.2 MARKET SIZE & FORECAST

14.3.3 MARKET BY GEOGRAPHY

14.4 LIQUID

14.4.1 MARKET OVERVIEW

14.4.2 MARKET SIZE & FORECAST

14.4.3 MARKET BY GEOGRAPHY

15 GEOGRAPHY

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 GEOGRAPHIC OVERVIEW

16 NORTH AMERICA

16.1 MARKET OVERVIEW

16.1.1 MARKET SIZE & FORECAST

16.2 MOUNTING TYPE

16.2.1 MARKET SIZE & FORECAST

16.3 FERTILIZER TYPE

16.3.1 MARKET SIZE & FORECAST

16.4 KEY COUNTRIES

16.4.1 US: MARKET SIZE & FORECAST

16.4.2 CANADA: MARKET SIZE & FORECAST

17 EUROPE

17.1 MARKET OVERVIEW

17.1.1 MARKET SIZE & FORECAST

17.1.2 EUROPE TYPE-APPROVAL (MOTHER) REGULATIONS

17.2 MOUNTING TYPE

17.2.1 MARKET SIZE & FORECAST

17.3 FERTILIZER TYPE

17.3.1 MARKET SIZE & FORECAST

17.4 KEY COUNTRIES

17.4.1 GERMANY: MARKET SIZE & FORECAST

17.4.2 FRANCE: MARKET SIZE & FORECAST

17.4.3 ITALY: MARKET SIZE & FORECAST

17.4.4 RUSSIA: MARKET SIZE & FORECAST

17.4.5 SPAIN: MARKET SIZE & FORECAST

18 APAC

18.1 MARKET OVERVIEW

18.1.1 MARKET SIZE & FORECAST

18.2 MOUNTING TYPE

18.2.1 MARKET SIZE & FORECAST

18.3 FERTILIZER TYPE

18.3.1 MARKET SIZE & FORECAST

18.4 KEY COUNTRIES

18.4.1 INDIA: MARKET SIZE & FORECAST

18.4.2 CHINA: MARKET SIZE & FORECAST

18.4.3 NEW ZEALAND: MARKET SIZE & FORECAST

18.4.4 AUSTRALIA: MARKET SIZE & FORECAST

19 LATIN AMERICA

19.1 MARKET OVERVIEW

19.1.1 MARKET SIZE & FORECAST

19.2 MOUNTING TYPE

19.2.1 MARKET SIZE & FORECAST

19.3 FERTILIZER TYPE

19.3.1 MARKET SIZE & FORECAST

19.4 KEY COUNTRIES

19.4.1 BRAZIL: MARKET SIZE & FORECAST

19.4.2 MEXICO: MARKET SIZE & FORECAST

19.4.3 ARGENTINA: MARKET SIZE & FORECAST

19.5 MIDDLE EAST & AFRICA

19.5.1 MARKET OVERVIEW

19.5.2 MARKET SIZE & FORECAST

19.6 MOUNTING TYPE

19.6.1 MARKET SIZE & FORECAST

19.7 FERTILIZER TYPE

19.7.1 MARKET SIZE & FORECAST

19.8 KEY COUNTRIES

19.8.1 TURKEY: MARKET SIZE & FORECAST

19.8.2 SOUTH AFRICA: MARKET SIZE & FORECAST

20 COMPETITIVE LANDSCAPE

20.1 COMPETITION OVERVIEW

21 KEY COMPANY PROFILES

21.1 AGCO CORPORATION

21.1.1 BUSINESS OVERVIEW

21.1.2 PRODUCT OFFERINGS

21.1.3 KEY STRATEGIES

21.1.4 KEY STRENGTHS

21.1.5 KEY OPPORTUNITIES

21.2 CNH INDUSTRIAL

21.3 DEERE & COMPANY

21.4 KUHN GROUP

21.5 AMAZONEN-WERKE H. DREYER SE & CO. KG

22 OTHER PROMINENT VENDORS

22.1 ADAMS FERTILIZER EQUIPMENT

22.1.1 BUSINESS OVERVIEW

22.1.2 PRODUCT OFFERINGS

22.2 EUROSPAND CAVALLO

22.3 CEA AGRIMIX

22.4 MONTAG MFG

22.4.1 BUSINESS OVERVIEW

22.4.2 PRODUCT OFFERINGS

22.5 SALFORD GROUP

22.5.1 BUSINESS OVERVIEW

22.5.2 PRODUCT OFFERINGS

22.6 CLERIS

22.6.1 BUSINESS OVERVIEW

22.6.2 PRODUCT OFFERINGS

22.7 TAKAKITA

22.7.1 BUSINESS OVERVIEW

22.7.2 PRODUCT OFFERINGS

22.8 ENOROSSI

22.8.1 BUSINESS OVERVIEW

22.8.2 PRODUCT OFFERINGS

22.9 VERVAET

22.9.1 BUSINESS OVERVIEW

22.9.2 PRODUCT OFFERINGS

22.10 KUXMANN

22.10.1 BUSINESS OVERVIEW

22.10.2 PRODUCT OFFERINGS

23 REPORT SUMMARY

23.1 KEY TAKEAWAYS

23.2 STRATEGIC RECOMMENDATIONS

24 QUANTITATIVE SUMMARY

24.1 MARKET BY GEOGRAPHY

24.2 MARKET BY MOUNTING TYPE

24.3 MARKET BY FERTILIZER TYPE

25 APPENDIX

25.1 ABBREVIATIONS

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