Spreader Fertilizers Machinery Market

The spreader fertilizers machinery market registered a valuation of around USD 691.3 million in 2021 and is poised to witness much more growth in the coming years.

Market Overview

The spreader fertilizers machinery was introduced to spread fertilizer or chemicals in various regions. This included home or commercial lawns, farms, public gardens, and other relevant areas. In the past decades, an increase in the reliance on mechanics for better time management and increased efficiency has resulted in greater demand for spreader fertilizers machinery.

Agricultural machinery has stepped in in the past few years to target the increased population, food demand, and greater urbanization. The mechanization of fertilizer spreading also comes from a lack of efficiency experienced in traditional farming methods. The more uneven the spread of fertilizer, the lower the yield.

The global spreader fertilizers machinery market is expected to grow to USD 724.8 million in 2022, eventually increasing to USD 1,040.2 by 2029. Despite this growth, farmers today cannot source the fertilizer spreaders they need for their crops. This is due to the rise in the cost of spreader machinery. However, increased research, initiatives, and awareness can bridge the gap between farmers and efficient farming techniques.

Key Findings

• An increase in the global population has led to a rise in demand for greater and more nutritious yields worldwide. With fewer workers, farmers have struggled to meet those demands. However, spreader fertilizer machinery allows for the efficient and equal spread of fertilizer, which can produce more nutritious yields.
• This product has also experienced great technological advancement in the past few years, allowing farmers to customize the features according to their requirements. Farmers can also collaborate with fertilizer producers for the best techniques to improve the yield.
• However, this product isn't affordable for all farmers. In fact, some don't even have an awareness of the existence of spreader fertilizer machinery. Furthermore, the spreader may face difficulty with different kinds of terrain and farm sizes.
• With the increasing popularity of mechanization in farming worldwide and more companies investing in the future of spreader fertilizer machinery, we can expect greater growth in the market for farming machinery.
• Investors must focus on making the product affordable and available for farmers and providing them with the awareness required to invest in better farming techniques.

Market Drivers

The Increase in the Global Population

Over the past few years, the global population has increased rapidly, leading to multiple initiatives worldwide demanding better farming techniques. With more mouths to feed and the food running out constantly, there is a rising demand for the production of quality food.

To meet this demand, farmers must be able to grow nutritious food and produce more yields of successful crops. Spreader fertilizer machinery allows them to do this efficiently and get the fertilizers more evenly spread, thus improving yield.

The Reduction in Labor for Farmers

Farmers today face a lower supply of workers than ever before. This pushes them to lean on technological advancements that allow them to delegate the spreading of fertilizers onto intelligent machinery.

Spreader fertilizer machinery continues to get more intelligent and sophisticated. Today, certain machines incorporate GPS systems to calculate the rate and precision required for the field.

The Demand for Nutrition

As the population grows, there is a greater demand for nutritious food with a lower negative environmental impact. For other fertilizer spreading systems, fertilizer is often spread unevenly, impacting certain patches of land negatively. This leads to soil erosion, groundwater contamination, and nutrient runoff.

With spreader fertilizers, this can be avoided. It is a safer and more beneficial option for both the environment and the consumers.

Market Opportunities

It Offers More Customization

For every farmer, fertilizer needs differ. They don't just differ from farmer to farmer but also from one crop to another. Thus, knowledgeable and trained farmers must understand this difference and implement it in fertilization techniques.

However, in the case of spreader fertilizer machines, the needs and requirements of the crops and the soil can be fed to the machine, which applies this information to the field accordingly. In fact, the machine can be tailored to the farmer's needs.

It Allows for Collaboration

The future of spreader fertilizer machinery holds a great collaboration with fertilizer producers. Farmers can collaborate with producers and use the spreader machinery to determine the best crop system. This can lead to better yields and meet the demand for quality food around the world.

It Leads to Advancement

Over the years, the spreader fertilizer machinery market has allowed for much greater precision in spreading fertilizer, better yields, and much more efficient systems which use data analytics and technology for optimization.

Spreader fertilizer machinery has achieved near perfection in farming through these techniques. Farmers can now spread fertilizer according to the soil and crop's exact needs by adding features such as GPS guiding and data integration.

Market Challenges

The Question of Affordability

Not every farmer can afford the advanced spreader fertilizer machinery that is required to keep up with the world's demands. This poses two kinds of dangers: a lack of demand for products that have not been fertilized through these techniques and an inability to fertilize using traditional techniques.

Over time, small and medium-scale farmers might not be able to keep up with the demands and may lose hope in their skills.

The Lack of Awareness

Not all farmers know about spreader fertilizer machinery's benefits and efficiency. Despite having the resources to invest in this machine, not everyone may be able to reach them in time. Thus, farmers must be educated and informed about this machinery's existence to produce better crops.

Inherent Machinery Flaws

Spreader fertilizers machines may not always be compatible with all kinds of land and farming systems. Manufacturers need to figure out ways to make these spreaders compatible, regardless of the size of the farm and the terrain.

Regional Coverage

North America

• United States
• Canada

Europe

• France
• Germany
• UK

South America

• Brazil
• Argentina

Asia

• China
• India

Australia

Africa

• South Africa
• Kenya
• Nigeria

The popularity and usage of the product may differ depending on the unique region and its requirements. However, it is important to note that the market for spreader fertilizer machinery has spread to all corners of the world. Wherever there is a demand for yield, spreader fertilizer machinery has proved useful. However, much more research and effort are required to encourage the growth of this machinery in other areas of the world by making it more affordable and accessible and also through awareness initiatives.

Company Recent Development

• Bogballe A/S
• Adams Fertilizer Equipment
• Agco Corporation
• Kubota Corporation
• Mahindra & Mahindra Ltd.
• Claas KGaA mbH
• Others

In the past few years, many developments have encouraged the growth of the spreader fertilizer machinery market. This includes the Kubota Corporation's investment in a research and development center in Europe in June 2018. This $66 million project aimed to develop better agricultural equipment and farm tractors.

This was supported by the launch of the ISOBus fertilizer spreader by KRM. This was a tractor with a built-in ISOBus control system and the capacity for spreads for up to 40 meters. Soon, it was topped by the WideTrec fertilizer spreader by Giltrap Engineers. This one had a spreading rate of 40 to 5000 kg/hectors.

An increased interest in the spreader fertilizers machinery market and investment have led to advancements in the field. These advancements have allowed many farmers to incorporate more efficient farming techniques and produce the desired yields. However, further research is required to make this more affordable for farmers worldwide.