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The Sale of Fertilizer Spreader in Europe to Reach 106,259 thousand Units by 2028, AGCO Corporation, CNH Industrial, Deere & Company, & Kuhn Group are the Major Stakeholders - Arizton

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Arizton Advisory & Intelligence

15 Jun, 2023, 17:45 GMT

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CHICAGO, June 15, 2023 /PRNewswire/ -- According to Arizton's latest research report, the Europe fertilizer spreader market will grow at a CAGR of 4.11% during 2022-2028.

To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3837

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Europe Fertilizer Spreader Market Report by Arizton

Browse In-Depth TOC of the Europe Fertilizer Spreader Market         

59 - Tables         
39 - Charts         
146 – Pages   

By 2030, the European population is projected to grow, leading to an increased demand for food. This growing concern has prompted several governments to prioritize food self-sufficiency, especially in the face of diminishing arable land due to urbanization, the depletion of natural resources, and significant shifts in food production and consumption patterns. Governments must embrace efficient and sustainable farming practices to ensure food security and safety.

Developing countries currently exhibit low farm mechanization levels, while developed nations implement precision farming techniques to enhance productivity. Precision farming involves planting crops based on specific soil characteristics. As developing countries increasingly focus on farm mechanization, the demand for fertilizer spreaders is expected to rise. Similarly, adopting precision farming in developed countries will drive the demand for technologically advanced fertilizer spreaders.

The sale of new fertilizer spreaders is experiencing a boost due to the rising need for fertilizers to maximize crop yields. Manufacturers are developing new spreader models with wider spreading widths, intelligent speed monitoring systems for improved accuracy, slow-releasing capabilities to preserve soil quality, shut-off mechanisms, larger hopper capacities, and LED backlighting systems. These advancements in spreader technology are anticipated to drive the sales of fertilizer spreaders during the forecast period.

Europe Fertilizer Spreader Market Report Scope

Report Attributes

Details

Market Size (2028)

106,259 Thousand Units

Market Size (2022)

83,445 Thousand Units

CAGR (2022-2028)

4.11 %

Historic Year

2020-2021

Base Year

2022

Forecast Year

2023-2028

MARKET Segmentation

Mounting Type, Fertilizer Type, and Geography

Geographic Analysis

Europe (Russia, Germany, France, Italy, Spain, and Others)

Market Dynamics

·  Fiscal Support to Farmers through Loans & Subsidies

·  Increasing Farm Mechanization

·  Lack of Skilled Farm Labor

Looking for More Information? Download the Free Sample Report: https://www.arizton.com/request-sample/3837

Key Insights

  • Europe has over 749 million food consumers. The agriculture sector plays a vital role in the development of the economy. Developed economies focus on agriculture as food self-sufficiency is the critical agenda for any economy to flourish.
  • With the share of agricultural exports growing slowly, some governments, such as Germany, France, Italy, etc., are working to double the quantity and revenues from agricultural product exports by 2030.
  • The Europe fertilizer spreader market grew by 3.4% in 2022 from 2021. The increase in crop production and fertilizer spreader sales was due to a favorable climate in 2021 and 2022.
  • Most of the Government plans schemes and initiatives to facilitate credit and improve agriculture-related operations, which will contribute to the growth of the overall value chain of the market.
  • The emphasis on export-centric production and related returns by exporting significant, high-quality products will boost the sales of new fertilizer spreaders and agriculture equipment to fulfill the required farming activities.

Segmentation Analysis

Mounting Type: In 2022, the mounted fertilizer spreader segment recorded high growth in the Europe fertilizer spreader market. The primary factor for the steady growth of the mounted type of fertilizer spreader is the low cost and efficiency. The sales of trailed fertilizer spreaders are expected to remain steady during the forecast period, as farm sales are likely to remain the same in the coming years.

Fertilizer Type: The Europe fertilizer spreader market by fertilizer type is categorized into solid and liquid. The solid fertilizer spreader segment generated the highest sales in almost all the countries of Europe. Due to the expansion of hydroponic system field areas, the availability of fertilizers at reduced prices, and the rise in mechanization, which has led to a rise in the adoption of technologies in fertilizer spreaders.

Geographical Analysis: In 2022, Russia was the largest market for fertilizer spreaders in Europe, with a substantial share of over 29% in unit sales. The global decline in commodity prices, particularly for wheat, pressured farmers, making investing in new machinery challenging. Consequently, the fertilizer spreader market in Russia faced setbacks in 2020. Nevertheless, the Russian government's ambitious initiatives have revitalized the fertilizer spreader industry, setting it back on a positive trajectory.

Germany boasts a massive consumer base of over 80 million people and is one of Europe's largest food markets. Additionally, it ranks as the third-largest food-exporting country globally. The fertilizer spreader market in Germany has reached a mature stage. The industry experienced a downturn in 2019 due to cyclical factors, the impact of COVID-19, and low commodity prices. However, the surge in agricultural machinery sales in Germany between 2020 and 2021 resulted in profitable outcomes for fertilizer spreader manufacturers.

Buy the Report Now: https://www.arizton.com/market-reports/europe-fertilizer-spreader-market

Post-Purchase Benefit         

  • 1hr of free analyst discussion
  • 10% of customization

Competitive Insights

The fertilizer spreader market in Europe demonstrates moderate fragmentation, with numerous local and international companies operating within the industry. Recent changes in the economic landscape have raised consumer expectations for continuous advancements and upgrades in agricultural equipment, posing challenges for vendors. In response to the current situation, vendors must adapt and enhance their value propositions to establish a strong market presence.

The market is characterized by diverse international vendors alongside a few regional players. However, regional vendors may face increasing difficulties competing with foreign counterparts as the latter expand their market reach, particularly regarding technology and customer base. The intensifying industry competition is expected to drive a surge in product/service expansions, technological innovations, and mergers and acquisitions.

Arizton, a market research firm, predicts that international players will pursue inorganic growth strategies by acquiring regional or local competitors. Furthermore, companies with robust technological and financial capabilities are expected to introduce new technologies that may render their competitors' offerings non-competitive or outdated. This could result in additional costs for advertising and marketing as competitors strive to recover their market positions.

Overall, the fertilizer spreader market in Europe is witnessing dynamic developments, with vendors striving to meet evolving consumer demands while navigating increased competition and the rapid pace of technological advancements.

Key Company Profiles

  • AGCO Corporation
  • CNH Industrial
  • Deere & Company
  • Kuhn Group
  • AMAZONEN-WERKE H. DREYER SE & CO. KG
  • Adams Fertilizer Equipment
  • Eurospand Cavallo
  • CEA AGRIMIX
  • Montag Mfg
  • Salford Group
  • Cleris
  • Takakita
  • Enorossi
  • Vervaet
  • Kuxmann

Market Segmentation

Mounting

  • Mounted
  • Trailed
  • Self-propelled

Fertilizer

  • Solid
  • Liquid

Geography

  • Europe
    • Russia
    • Germany
    • France
    • Italy
    • Spain
    • Others

Why Should You Buy this Report?

This report is among the few in the market that offer outlook and opportunity analyses 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, regulations, and benefits of fertilizer spreaders, market dynamics, and market shares
  • Latest and innovative technologies
  • Import and export analysis
  • COVID-19 impact analysis of the industry
  • Company profiles of major and other prominent vendors

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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

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 INCREASED PRECISION FARMING

8.4 TYPE-APPROVAL (MOTHER) REGULATIONS IN EUROPE

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 CLIMATE CHANGE ADVERSELY IMPACTING 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

15.3 RUSSIA

15.3.1 MARKET OVERVIEW

15.3.2 MARKET SIZE & FORECAST

15.3.3 BY MOUNTING TYPE

15.3.4 BY FERTILIZER TYPE

15.4 GERMANY

15.4.1 MARKET OVERVIEW

15.4.2 MARKET SIZE & FORECAST

15.4.3 BY MOUNTING TYPE

15.4.4 BY FERTILIZER TYPE

15.5 FRANCE

15.5.1 MARKET OVERVIEW

15.5.2 MARKET SIZE & FORECAST

15.5.3 BY MOUNTING TYPE

15.5.4 BY FERTILIZER TYPE

15.6 ITALY

15.6.1 MARKET OVERVIEW

15.6.2 MARKET SIZE & FORECAST

15.6.3 BY MOUNTING TYPE

15.6.4 BY FERTILIZER TYPE

15.7 SPAIN

15.7.1 MARKET OVERVIEW

15.7.2 MARKET SIZE & FORECAST

15.7.3 BY MOUNTING TYPE

15.7.4 BY FERTILIZER TYPE

15.8 OTHERS

15.8.1 MARKET OVERVIEW

15.8.2 MARKET SIZE & FORECAST

15.8.3 BY MOUNTING TYPE

15.8.4 BY FERTILIZER TYPE

16 COMPETITIVE LANDSCAPE

16.1 COMPETITION OVERVIEW

17 KEY COMPANY PROFILES

17.1 AGCO CORPORATION

17.2 CNH INDUSTRIAL

17.3 DEERE & COMPANY

17.4 KUHN GROUP

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

18 OTHER PROMINENT VENDORS

18.1 ADAMS FERTILIZER EQUIPMENT

18.2 EUROSPAND CAVALLO

18.3 CEA AGRIMIX

18.4 MONTAG MFG

18.5 SALFORD GROUP

18.6 CLERIS

18.7 TAKAKITA

18.8 ENOROSSI

18.9 VERVAET

18.10 KUXMANN

19 REPORT SUMMARY

19.1 KEY TAKEAWAYS

19.2 STRATEGIC RECOMMENDATIONS

20 QUANTITATIVE SUMMARY

20.1 MARKET BY GEOGRAPHY

20.2 MARKET BY MOUNTING TYPE

20.3 MARKET BY FERTILIZER TYPE

21 APPENDIX

21.1 ABBREVIATIONS

About Us:                

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.              

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.               

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.               

Contact Us:          

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