Egypt farm equipment market is expected to reach US$1,665.221 million by 2024. The total cultivated area represents only 3% of the total land area. The increasing population has led to the government taking into consideration agriculture development as the duty of the state. The increasing automation in the field of agriculture and farming is driving the market for farm equipment. The growing population is attributing the market growth too since it leads to an increase in the demand for food. Read more...
Spain farm equipment market is expected to reach US$2,217.743 million by 2024 from US$1,837.797 million in 2018. Agriculture is one of the sectors that drive the economy of Spain. Meat production for domestic consumption accounts for a major share of all the farm production. The rising population which is increasing the demand for food is driving the farm equipment market. The increasing automation in the field of agriculture will also support market growth. Furthermore, the increasing researc Read more...
The global agricultural sprayers market is projected to grow at a CAGR of 6.77% to reach a valuation of US$8,544.607 million by 2025, from US$5,767.802 million in 2019. Agriculture sprayer is a type of a device, which is used, for spraying chemicals and substances such as herbicides, pesticides, insecticides and fungicides to keep the food crops safe and the quality of the yield up to the mark. There are several types of sprayers that are used to deliver these chemicals all over the field and Read more...
The global timber trailer market is projected to grow at a CAGR of 1.52% to reach US$1.212 billion by 2025, from US$1.107 billion in 2019. Timber trailer also called a timber lorry, is a flatbed or platform type trailer used for the transport of logs from one place to another in a shorter time. These trucks are used for either commercial purposes such as small home renovations and woodwork or are used for construction applications like structures and supports in the conditions with low lo Read more...
Seed drills are used for sowing of seeds at a fixed depth and distance in order to enhance the productivity of the farm. The broadcast seeder is used for the purpose of spreading the seeds. The rising focus and activities to increase the productivity of farms is a key factor expected to drive the market for Seeds drills and broadcast seeders. Further, the rising population across the globe is leading to increased demand for food which in turn is compel ling farmers to increase crop productivity, Read more...
The distillers’ grains market was valued at US$12.544 billion in 2018 and is projected to expand at a CAGR of 5.07% over the forecast period to reach US$16.873 billion by 2024. Distillers' grains are by-product of bio ethanol production which is used to feed livestock. Growing organized livestock sector couple with nutritional benefits associated with distiller’s grains is expected to drive the growth of the market during the forecast period. Distiller’s grains have more Read more...
Haying and Forage Machinery are used to harvest the crops and forage plants which are then fed to livestock. As there is increasing consumption of livestock products on a regular basis, farmers are growing more forage crops to feed the growing livestock population. This is driving the market for haying and forage machinery. In addition, increasing governments initiative in the form of subsidies to help farmers purchase forage and haying machines is expected to boost the adoption of agricultura Read more...
The starch recovery system market is expected to grow due to increasing potato processing industries. The growing demand for processed potato based products is anticipated to drive the market. Research and Development investment in potato processing operations to develop a cost effective and high yielding manufacturing processor is expected to grow the market in next five years. Moreover, the growing demand for eco-efficient operating process is assumed to have impelling effect on the ma Read more...
Biopharmaceuticals are mostly therapeutic recombinant proteins obtained by biotechnological processes. There has been increased usage of fermentation-derived biopharmaceuticals due to their natural structure, low cost, and better output. Research and development in the field of biopharmaceutical fermentation and launch of new products are expected to drive the growth of the market. Rise of geriatric population and increaing prevalence of chronic diseases is expected to propel the demand for biop Read more...
Autonomous tractor market is projected to grow at a CAGR of 12.16% during the forecast period, reaching a total market size of US$398.92 million in 2024 from US$185 million in 2018.Autonomous tractors are driverless tractors used which use advanced sensors and systems for the operating purpose. The demand for autonomous tractors is expected to increase on account of improvement in overall productivity and the trend towards the adoption of modern farming techniques. Further, the rising demand t Read more...
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