Global Agricultural Shredder Market - 2023-2030

Global Agricultural Shredder Market - 2023-2030

Global Agricultural Shredder Market reached US$ 1.9 billion in 2022 and is expected to reach US$ 2.7 billion by 2030, growing with a CAGR of 4.4% during the forecast period 2023-2030.

There was a growing emphasis on sustainable agriculture and waste management practices. Agricultural shredders play a crucial role in converting crop residues into mulch or compost, reducing waste and improving soil health. As environmental concerns increased, the demand for shredders that support sustainable farming practices also grew.

The agricultural sector was witnessing increased adoption of mechanized equipment and tools to improve efficiency and reduce labor costs. Agricultural shredders, which are used to shred crop residues, pruned branches and other organic materials, were gaining popularity as farmers sought ways to manage waste effectively. In July 2023, in India, Punjab Agriculture Minister unveiled Rs 350 Crore plant for the installation of straw management machinery. These machineries include super seeders, smart seeders etc. along with shredders.

Market Dynamics

Growing Need for Efficient Farming Techniques

According to the UN, the world’s population is anticipated to increase by nearly 2 billion persons in the next 30 years, from the current 8 billion to 9.7 billion in 2050 and could peak at nearly 10.4 billion in the mid-2080s. This growing population demands efficient farming techniques to increase crop productivity.

As modern agriculture faces increasing challenges, farmers are seeking innovative solutions to improve productivity, reduce waste and enhance overall efficiency. Agricultural shredders offer several benefits such as crop residue management, weed control, organic waste management and reduce labor and time. These benefits align with the need for efficient farming techniques, leading to the increased adoption of agricultural shredders in the market.

Growing Need for Sustainable Agriculture

According to Council on Energy, Environment and Water, most sustainable agriculture practices and systems (SAPSs) are being adopted by less than 5 million of all Indian farmers. This growing sustainable agriculture encourages the proper management of crop residues and organic materials. Agricultural shredders chop and shred crop residues, like stalks, leaves and stems, into smaller pieces. These shredded materials can further be incorporated back into the soil as mulch or compost, enriching the soil with nutrients and enhancing its quality.

Agricultural shredders contribute to maintaining soil health and fertility. By shredding crop residues, the organic matter is returned to the soil, increasing soil carbon content and promoting microbial activity. This helps enhance soil fertility, water retention and overall soil health, leading to improved crop productivity.

Limitations to Infrastructure and Technological Assessment

In many regions, especially in developing countries, rural infrastructure may be limited or underdeveloped. Poor road networks and inadequate transportation facilities can hinder the efficient distribution of agricultural machinery like shredders. Farmers may face challenges in accessing these machines, leading to lower adoption rates.

The operation and maintenance of agricultural shredders require a certain level of mechanical expertise. Farmers without proper knowledge and training may be hesitant to invest in complex machinery, fearing operational difficulties and maintenance issues. In some regions, particularly in rural areas, there may be limited awareness about the benefits of agricultural shredders and their role in sustainable agriculture. If farmers are not fully aware of the benefits and potential cost savings associated with using shredders, then the demand for shredders will decrease and restrain the market growth.

COVID-19 Impact Analysis

The global supply chain experienced disruptions due to lockdowns, restrictions and transportation challenges. The agricultural machinery industry, including the production of agricultural shredders, relies on global supply chains for raw materials and components. During the pandemic, disruptions in logistics and transportation could have led to delays in the manufacturing and delivery of shredders, affecting the overall supply and availability.

Furthermore, agriculture relies heavily on labor and during the pandemic, there were instances of labor shortages due to movement restrictions, illness, or fear of exposure. As a result, farmers might have been more cautious in investing in equipment that required skilled labor to operate, including shredders.

Segment Analysis

The global agricultural shredder market is segmented based on type, equipment, automation grade, power, distribution channel and region.

Higher Efficiency and Productivity Offered by Automatic Agricultural Shredders

Automatic agricultural shredders are designed for higher efficiency and productivity. They typically feature automated feeding systems, advanced controls and self-regulating mechanisms, allowing for continuous operation with minimal manual intervention. Farmers often prefer automatic shredders for their ability to handle large volumes of agricultural waste efficiently.

Automatic shredders provide consistent and uniform shredding output, as they are less susceptible to variations in human operation. This uniformity in shredding can lead to better mulch or compost quality, contributing to improved soil health and crop growth. For instance, Alfa Therm Limited offers an automatic agricultural waste shredder, alfa therm single shaft twin shaft shredder machine. This machinery is designed to operate at slower speeds, utilizing high torque and the tearing, crushing & sharing actions between counter-rotating opposing blades

Geographical Analysis

North America’s Well-Developed Agricultural Machinery Industry

North American farmers have been early adopters of modern farming practices and advanced agricultural machinery. North American farmers generally have access to advanced agricultural knowledge and information through agricultural extension services, research institutions and industry associations. The region's strong emphasis on innovation and technological advancements has led to a high adoption rate of agricultural shredders.

North America has a well-developed agricultural machinery industry with a significant number of manufacturers, dealers and service providers. The availability of a wide range of shredder models and strong dealer networks further drives market growth. For instance, according to Statistics Canada data, for the past 20 years, Newfoundland and Labrador have been shedding farmland at a rate nearly seven times the national average.

Competitive Landscape

The major global players include Mahindra & Mahindra Limited, Landoll Company, LLC, Bobcat Company, Alamo Group, Daedong Industrial Co., Ltd, AGCO Corp., JC Bamford Excavators Limited, Kubota Corporation, Deere & Company, BEFCO, Inc

Why Purchase the Report?
To visualize the global agricultural shredder market segmentation based on product, automation grade, distribution channel and region, as well as understand key commercial assets and players.
Identify commercial opportunities by analyzing trends and co-development.
Excel data sheet with numerous data points of agricultural shredder market-level with all segments.
PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
Product mapping available as Excel consisting of key products of all the major players.

The global agricultural shredder market report would provide approximately 61 tables, 57 figures and 181 pages.

Target Audience 2023
Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies