Fertilizer Spreader Market is estimated to be US$ 1.4 Billion by 2034; Advancement in Spreader Technology to Foster Industrial Growth

Published Date: April 2024

Fertilizer spreader are used to spread chemicals or fertilizers across farms, lawns and gardens. Growing agricultural sector and demand for fertilizers across globe has become the major contribution in market growth.

Increasing demand for phosphorus and potassium fertilizer for farming activities has given rise in use of fertilizer spreaders which in turn is expected to boost the market growth. New product launch and presence of major players has fuel the demand for market growth. Growing demand for agricultural machineries and increase in cultivation of crops is expected to fruitful the demand for Fertilizer Spreader Market growth.

The report Fertilizer Spreader Market, By Type (Broadcast Spreader, Drop Spreader, Liquid Spreader), By Component (Fertilizer Distributor, Drop Tube, Hopper/Storage), By Application (Farm, Gardens and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

  • In January 2019, Kuhn & Rauch launched new facility for testing fertilizer spreaders. The investment of $2.85 million at new testing facility provides automatic estimation of spreading test results of fertilizer spreader used by Rauch to determine new designs & technologies of spreader by maintaining database of fertilizer product.

Analyst View:

High usage of agricultural machineries and benefits of fertilizers has given positive impact on target market growth. Presence of major companies and new launched product has further facilitated the demand for market growth. Shortage of labor and huge investment by key players in farming sector is expected to provide lucrative opportunities in Fertilizer Spreader Market growth. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Fertilizer Spreader Market, By Type (Broadcast Spreader, Drop Spreader, Liquid Spreader), By Component (Fertilizer Distributor, Drop Tube, Hopper/Storage), By Application (Farm, Gardens and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Fertilizer Spreader Market accounted for US$ 0.8 Billion in 2024 and is estimated to be US$ 1.4 Billion by 2034 and is anticipated to register a CAGR of 5.50%. The Fertilizer Spreader Market is segmented based on Type, Component, Application and Region.

  • Based on Type, Fertilizer Spreader Market is segmented into Broadcast Spreader, Drop Spreader, Liquid Spreader.
  • Based on Component, Fertilizer Spreader Market is segmented into Fertilizer Distributor, Drop Tube, Hopper/Storage.
  • Based on Application, Fertilizer Spreader Market is segmented into Farm, Gardens and Others.
  • By Region, the Fertilizer Spreader Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Fertilizer Spreader Market:

The prominent players operating in the Fertilizer Spreader Market includes, Dalton AG Inc., Deere & Company, Mahindra & Mahindra Ltd., Teagle Machinery Ltd., Adams Fertilizer Equipment, Class KGaA mbH, Agco Corporation, Kubota Corporation, CNH Industrial N.V., Bucher Industries AG and others.

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