Brazil Fertilizing Machinery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Brazil fertilizing machinery market was valued at USD XX million in the year 2015 and is expected to grow into a USD XX million market by 2020 growing at a CAGR of XX% during the forecast period. Fertilizing machinery is another extension of the overall mechanization of farming. Of the entire production chain, fertilization is an important process requiring precise distribution patterns. Fertilizing machines play a vital role here as they are calibrated for such high levels of accuracy. They involve various kinds of devices such as drop spreaders, rotary spreaders, pendulum spreaders and liquid fertilizer spreaders.

Fertilizing machinery is primarily used in the application of fertilizers in large land holdings and also in smaller units where accuracy plays an important role, such as that of sports fields and grounds. The end user in this regard is the farm owner.

The growth observed in the sales of tractors is an important indicator for the advent of farm mechanization. Tractors tend to act as a source of power whereby various agricultural machines can just be attached to it. This co-dependency makes the purchase other equipment easier, once the tractor is purchased. The increasing levels of competition and market uncertainties have led to a large degree of farm consolidations in many regions; thereby increasing the need for farm mechanization. The major hindrance to this market is not from the product itself but from the fertilizers. The negative environmental impact of using fertilizers has been well documented and is posing a major threat to the market.

The report has been segmented on the basis of the various fertilizing machinery types and on geography. Dry Fertilizer Spreaders, Drop Spreaders, Rotary Spreaders, Pendulum Spreaders and Liquid Fertilizer Spreaders/ Sprayers form the different types of fertilizing machinery. Despite an overall design similarity, these machines differ in the method of operation, physio-chemical nature of the fertilizer used and distribution pattern. The development of machinery specific to the needs of specific regions is a crucial step in this regard. The major players in the market are AGCO, John Deere, CNH, Kubota and various others.

Key Deliverables in the Study

• Market analysis for the Brazil Fertilizing Machinery Market, with region specific assessments and competition analysis on global and regional scales
• Market definition along with the identification of key drivers and restraints
• Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
• Extensively researched competitive landscape section with profiles of major companies along with their market shares
• Identification and analysis of the macro and micro factors that affect the Brazil fertilizing machinery market on both global and regional scales
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
• A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
• Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped