Fertilizer Spreader Market Overview
Fertilizer Spreader Market was valued at US$ 0.8 Billion in 2024 and is projected to grow at a CAGR of 5.50% to reach US$ 1.4 Billion by 2034.
Fertilizer Spreader are used in distributing fertilizer and grass seed across the farm or lawn. Broadcast and drop spreader are different types of fertilizer spreader known as rotary spreader which is used as fertilizer spreader.
Growing government initiatives in providing subsidies on agricultural machineries has provided lucrative opportunities in market growth. Technological innovation in every industrial sector and use of fertilizers in farm to increase productivity of crops has further driven the market growth. Growing strategic partnerships to expand product portfolio in market is anticipated to increase the demand for Fertilizer Spreader Market growth in future.
Fertilizer Spreader Market Dynamics
Advancement in Spreader Technology to Fuel Market Growth
Innovation in technology has given rise in development of new machineries in agricultural sector. New advanced fertilizer spreader machineries by companies to meet the requirement of farmers has driven market growth. The advancement from simple drop spreader to spinners and autonomous machines has provided lucrative opportunities in Fertilizer Spreader market growth.
In February 2022, Amazone launched new fertilizer spreader technology to improve efficiency of fertilizers. The new launched ‘BorderTS’ deflector for ZA-TS trailed spreader and ZA-TS mounted spreader doesn’t require any operator and can be activated for preventing boundary spreading without slowing down. It also automatically adjust the distance and pattern of spreading according to compensate and also work through in-cab terminal which is used to reduce the spread rate of fertilizers.
Growing Population and Focus on Agricultural Yield of Crop to Fuel Market Growth
Growing focus on agricultural yield of crop has driven Fertilizer Spreader market growth. As population in world is growing rapidly demand for food has been increased. To fulfill demand of food, advanced agricultural technologies and focus on yield of crop is increased which, in turn facilitate the demand for Fertilizer Spreader market growth. Change in pattern & volume of food consumption of many people to superior grains, rapidly growing urbanization due to industrialization has given rise in demand for rice, wheat, against millets. Disposable income has allowed individual to purchase food grains in bulk. Countries like India, South Africa and China are most populated countries in the world where demand for food is high and increasing rapidly. Use of fertilizers to increase yield of crop has driven market growth. For instance, according to CBO’s (Congressional Budget Office) projections, population has increased in 2022 from 335 million to 369 million.
Thus, the growing population and focus on yield of crop to meet need of food has given positive impact on Fertilizer Spreader market growth.
Restrains:
However, high prices of raw material such as stainless steel, metal alloys used in manufacturing process lead to increase in sale price of fertilizer spreader which has hampered the demand for market growth.
Fertilizer Spreader Market Segmentation
Fertilizer Spreader Market is segmented based on Type, Component, Application and Region.
Type Insight
On the basis of Type, Fertilizer Spreader Market is segmented into Broadcast Spreader, Drop Spreader, Liquid Spreader. Drop Spreader type segment is expected to dominate the target market growth globally as owing to more accuracy than broadcast spreader and easier to use.
Component Insights
On the basis of Component, Fertilizer Spreader Market is segmented into Fertilizer Distributor, Drop Tube, Hopper/Storage.
Application Insights
On the basis of Application, Fertilizer Spreader Market is segmented into Farm, Gardens and Others. The Farm application segment is expected to dominate the demand for target market growth due to growing use of agricultural machineries in farming activities. Further, majority of land is used for farming for cultivation of crops which has given rise in use of fertilizers in turn, boost the segment growth.
Regional Insights:
On region the Fertilizer Spreader Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period. Moreover, huge agricultural land and growing farming activities especially in India, innovative technological development and huge economic growth in countries like India, Japan & China is anticipated to increase demand for Fertilizer Spreader in the region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Type - Broadcast Spreader, Drop Spreader, Liquid Spreader By Component - Fertilizer Distributor, Drop Tube, Hopper/Storage By Application - Farm, Gardens and Others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Fertilizer Spreader Market report based on Type, Component, Application and Region:
Fertilizer Spreader Market, By Type:
- Broadcast Spreader
- Drop Spreader
- Liquid Spreader
Fertilizer Spreader Market, By Component:
- Fertilizer Distributor
- Drop Tube
- Hopper/Storage
Fertilizer Spreader Market, By Application:
- Farm
- Gardens
- Others
Fertilizer Spreader Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Fertilizer Spreader Market Key Players
The key players operating 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.
Fertilizer Spreader Market Key Issues Addressed
Recent Development:
- In July 2022, Titan Machinery Inc., acquired Heartland Ag Systems a largest Case IH Application Equipment distributorship and a leading national distributors for accessories & sprayer parts in North America. This acquisition will provide Titan Machinery to access whole product line of Case IH application equipment including fertilizer applicator and self-propelled sprayers.
- In January 2020, Uneverferth Manufacturing acquired Force Unlimited a manufacturer of Pro-Force fertilizer spreaders. This acquisition will provide Uneverferth a product line of single & multi-bin models with adjustable spinners which are designed to provide uniform application of granular fertilizers, poultry litter, cover crop seed and compost.
Fertilizer Spreader Market Company Profile
- Dalton AG Inc.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Deere & Company
- Mahindra & Mahindra Ltd.
- Adams Fertilizer Equipment
- Teagle Machinery Ltd.
- Class KGaA mbH
- Agco Corporation
- Kubota Corporation
- CNH Industrial N.V.
- Bucher Industries AG
“*” marked represents similar segmentation in other categories in the respective section
Fertilizer Spreader Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Component
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Broadcast Spreader
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Drop Spreader
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Liquid Spreader
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Component, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Fertilizer Distributor
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Drop Tube
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Hopper/Storage
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Application, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Farm
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Gardens
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global market, By Region, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Dalton AG Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Deere & Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mahindra & Mahindra Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Teagle Machinery Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Adams Fertilizer Equipment
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Class KGaA mbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Agco Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kubota Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CNH Industrial N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bucher Industries AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Fertilizer Spreader Market is segmented into Type, Component, Application and Region.
Fertilizer Spreader Market is driven by factors like advancement in spreader technology and growing population and focus on agricultural yield of crop.
By region, the Fertilizer Spreader market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating 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.
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%.