Global Fertilizer Spreader Market Size study & Forecast, by Type (Drop Spreader, Broadcast Spreader), by Application (Farm, Public Gardens, Others) and Regional Analysis, 2022-2029

Global Fertilizer Spreader Market Size study & Forecast, by Type (Drop Spreader, Broadcast Spreader), by Application (Farm, Public Gardens, Others) and Regional Analysis, 2022-2029

Global Fertilizer Spreader Market is valued at approximately USD 691.3 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2022-2029. A fertilizer spreader is a device that is used for scattering bulk materials, especially manure or fertilizer across public gardens, farms, home lawns, and in commercial turf applications. Factors such as the flourishing development of the agriculture sector, an increasing number of government initiatives to provide subsidies on these products, and low-interest rates, coupled with the growing inclination towards the adoption of automated agriculture equipment are driving the market growth globally.

The surging demand for fertilizers across farms is fueling the demand for fertilizer spreaders because of the shortage of labor across developing countries. According to Statista, in 2019, the market for complex fertilizers accounted for around USD 42 billion worldwide. Also, it is anticipated that the market for complex fertilizers reaches over USD 55 billion by 2027. Therefore, the high demand for fertilizer is augmenting the growth of the market. Moreover, rising technological advancements in the fertilizer spreader, as well as the increased focus on research and development are presenting various lucrative opportunities over the forecasting years. However, the fluctuation in raw material prices and lack of awareness about the availability of fertilizer spreaders is hampering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Fertilizer Spreader Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the growth of the agriculture industry, along with the surging demand for machines for farming. Whereas, Europe is expected to grow with the highest growth rate during the forecast period, owing to factors such as the growing technology adoption and high per capita income in the market space.

Major market players included in this report are:
Deere & Company
Kubota Corporation
Mahindra & Mahindra Ltd.
AGCO Corporation
CNH Industrial N.V.
Claas KGaA mbH
Bucher Industries AG (KUHN Group)
Adams Fertilizer Equipment
Dalton AG Inc
Teagle Machinery Ltd

Recent Developments in the Market:
 In December 2020, KRM announced the introduction of an ISOBus fertilizer spreader with a belt feeding system that is specially designed for farm and public garden applications. It is tractor-mounted spreading equipment that features an ISOBus control system and spreads up to 40 meters.
 In March 2021, Giltrap Engineers declared the launch of its new WideTrec fertilizer spreader, which is a cost-effective automatic electronic system. The product is available with capacities of 4, 6, or 8 tons with a robust spreader with a spreading rate of 40 to 5000 kg/hectors.
 In January 2021 - Rauch Landmaschinenfabrik GmbH unveiled the introduction of a pneumatic fertilizer spreader for three-point attachment. The product offers features such as ISOBus control and is easy to use,along with it has a hopper capacity of 1,900 litres to 3,200 litres and uses centrifugal discs and distributes seeds or fertilizers by using its rods.


Global Fertilizer Spreader Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:

By Type:
Drop Spreader
Broadcast Spreader By Application:
Farm
Public Gardens
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Deere & Company
Kubota Corporation
Mahindra & Mahindra Ltd.
AGCO Corporation
CNH Industrial N.V.
Claas KGaA mbH
Bucher Industries AG (KUHN Group)
Adams Fertilizer Equipment
Dalton AG Inc
Teagle Machinery Ltd

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