Agricultural Haying And Forage Machinery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Global Agricultural Haying and Forage Machinery Market Report is Segmented by Type (Mowers, Balers, Forage Harvesters, and Other Types) and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The Report Offers Market Size and Forecasts in Terms of Value (USD) for all the Above Segments.

Agricultural Haying And Forage Machinery Market Size

Compare market size and growth of Agricultural Haying And Forage Machinery Market with other markets in Agriculture Industry

Agricultural Haying And Forage Machinery Market Analysis

The Agricultural Haying And Forage Machinery Market size is estimated at USD 13.60 billion in 2025, and is expected to reach USD 17.19 billion by 2030, at a CAGR of 4.80% during the forecast period (2025-2030).

The haying and forage machinery market is indispensable to agriculture, especially in the production of hay, silage, and other forage crops for animal feed. This market encompasses machinery such as mowers, balers, windrowers, forage harvesters, fodder processors, rakers, and tedders. The growing demand for meat and dairy products, driven by population growth and rising incomes, requires more efficient forage production. Consequently, this increases the demand for haying and forage machinery. For example, the Organisation for Economic Co-operation and Development (OECD) reported that global beef consumption rose from 71.6 million metric tons in 2022 to 71.9 million metric tons in 2023. Such consumption levels necessitate a reliable and efficient forage supply to sustain livestock, prompting farmers to invest in advanced machinery, thereby supporting market growth.

Government initiatives also play a significant role in market growth during the forecast period. For instance, under the "Made in China 2025" scheme, the Chinese government aims to produce 90% of the country's agricultural equipment using high-end machines. Such initiatives to promote agricultural machinery, including hay and forage harvesters, are anticipated to drive market growth in the coming years. Additionally, increasing awareness initiatives are boosting market growth. In 2024, Massey Ferguson launched the web series “Hay and Action” in Brazil. This series offers a comprehensive view of the haymaking process and machinery usage, along with testimonials from hay producers across different regions, enhancing awareness and usage of machinery among Brazilian farmers. Therefore, the growing consumption of animal-based products, coupled with rising government support and increasing awareness activities, is driving market growth during the forecast period.

Agricultural Haying And Forage Machinery Industry Overview

The agricultural haying and forage machinery market is relatively consolidated, dominated by a handful of companies. Key players include CNH Industrial, AGCO Corporation, Deere & Company (John Deere), Krone North America Inc, and Kubota Corporation. In this rapidly expanding market, competition extends beyond just product quality and promotion. Companies are making strategic moves to capture a larger market share and broaden their reach. Significant investments are being funneled into developing new product lines, forging collaborations, and pursuing acquisitions, all aimed at bolstering market shares and enhancing R&D capabilities.

Agricultural Haying And Forage Machinery Market Leaders

  1. AGCO Corporation

  2. Deere & Company (John Deere)

  3. Krone North America Inc.

  4. CNH Industrial

  5. Kubota Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competitors?
Download PDF

Agricultural Haying And Forage Machinery Market News

  • September 2024: Vermeer Corporation unveiled its newest innovation, the Pro G4 baler. The Pro G4 silage baler debuted in two variants namely the 504 Pro G4 and the 604 Pro G4. Equipped with a 17-knife chopping system, these models are designed to produce premium forages. Furthermore, the drop floor feature enables swift clearing of plugs, empowering users to navigate confidently, even in dense crops.
  • August 2024: CLAAS unveiled a newly designed garage adapter for its renowned JAGUAR forage harvester. This adapter is engineered to seamlessly integrate a combined-style multi-coupler with the harvester's existing header. According to the company, this innovative adapter is set to boost capacity, minimize overthrow, and enhance wear resistance, ensuring prolonged productivity.
  • February 2024: New Holland has introduced the UltraFeed pickup head for its FR Forage Cruiser self-propelled forage harvesters. This new UltraFeed head, featuring a 13-foot (4-meter) working width, is specifically designed to handle larger windrows and improve crop flow through the crop channel.

Agricultural Haying And Forage Machinery Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Expanding Livestock Sector
    • 4.2.2 Growing Area Under Fodder Crops
    • 4.2.3 Rising Technological Advancements
  • 4.3 Market Restraints
    • 4.3.1 High Initial Investment
    • 4.3.2 Fragmentation of Land Holdings
  • 4.4 Industry Attractiveness - Porter's Five Force Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Mowers
    • 5.1.2 Balers
    • 5.1.3 Forage Harvesters
    • 5.1.4 Other Types
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.1.3 Rest of North America
    • 5.2.2 Europe
    • 5.2.2.1 Germany
    • 5.2.2.2 United Kingdom
    • 5.2.2.3 France
    • 5.2.2.4 Italy
    • 5.2.2.5 Rest of Europe
    • 5.2.3 Asia-Pacific
    • 5.2.3.1 China
    • 5.2.3.2 India
    • 5.2.3.3 Japan
    • 5.2.3.4 Rest of Asia-Pacific
    • 5.2.4 South America
    • 5.2.4.1 Brazil
    • 5.2.4.2 Argentina
    • 5.2.4.3 Rest of South America
    • 5.2.5 Africa
    • 5.2.5.1 South Africa
    • 5.2.5.2 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Competitor Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 AGCO Corporation
    • 6.3.2 Alamo Group, Inc.
    • 6.3.3 CNH Industrial
    • 6.3.4 Deere & Company
    • 6.3.5 Krone North America Inc.
    • 6.3.6 Kubota Corporation
    • 6.3.7 Kuhn Group
    • 6.3.8 Yanmar Company Limited
    • 6.3.9 Iseki & Co. Ltd
    • 6.3.10 Vermeer Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Agricultural Haying And Forage Machinery Industry Segmentation

Haying and forage machinery encompasses specialized agricultural equipment designed for the harvesting, processing, and storage of forage crops. These crops, including grasses and legumes, are primarily cultivated for animal feed. The Global Agricultural Haying and Forage Machinery Market is Segmented by Type (Mowers, Balers, Forage Harvesters, and Other Types) and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts in terms of value (USD) for all the above segments.

Type Mowers
Balers
Forage Harvesters
Other Types
Geography North America United States
Canada
Rest of North America
Europe Germany
United Kingdom
France
Italy
Rest of Europe
Asia-Pacific China
India
Japan
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Africa South Africa
Rest of Africa
Type
Mowers
Balers
Forage Harvesters
Other Types
Geography
North America United States
Canada
Rest of North America
Europe Germany
United Kingdom
France
Italy
Rest of Europe
Asia-Pacific China
India
Japan
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Africa South Africa
Rest of Africa
Need A Different Region or Segment?
Customize Now

Agricultural Haying And Forage Machinery Market Research Faqs

How big is the Agricultural Haying And Forage Machinery Market?

The Agricultural Haying And Forage Machinery Market size is expected to reach USD 13.60 billion in 2025 and grow at a CAGR of 4.80% to reach USD 17.19 billion by 2030.

What is the current Agricultural Haying And Forage Machinery Market size?

In 2025, the Agricultural Haying And Forage Machinery Market size is expected to reach USD 13.60 billion.

Who are the key players in Agricultural Haying And Forage Machinery Market?

AGCO Corporation, Deere & Company (John Deere), Krone North America Inc., CNH Industrial and Kubota Corporation are the major companies operating in the Agricultural Haying And Forage Machinery Market.

Which is the fastest growing region in Agricultural Haying And Forage Machinery Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Agricultural Haying And Forage Machinery Market?

In 2025, the North America accounts for the largest market share in Agricultural Haying And Forage Machinery Market.

What years does this Agricultural Haying And Forage Machinery Market cover, and what was the market size in 2024?

In 2024, the Agricultural Haying And Forage Machinery Market size was estimated at USD 12.95 billion. The report covers the Agricultural Haying And Forage Machinery Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Agricultural Haying And Forage Machinery Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: March 12, 2025

Agricultural Haying And Forage Machinery Industry Report

Statistics for the 2025 Agricultural Haying And Forage Machinery market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Agricultural Haying And Forage Machinery analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Agricultural Haying And Forage Machinery Market Report Snapshots