Share on

Middle East And Africa Pre-Harvest Equipment Market By Type (Primary Tillage Equipment, Secondary Tillage Equipment, Planting Equipment, Irrigation Equipment, Plant Protection & Fertilizing And Others), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts | 2022 to 2027.

Published: January, 2022
ID: 3149
Pages: 178
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Pre-Harvest Equipment Market Size, Growth, Trends and Forecast:

The Middle East and Africa pre-harvest market was estimated to be worth around USD 4.42 billion in 2021 and is expected to reach USD 5.78 billion by 2026, growing at the CAGR of 5.52% from 2021 to 2026.

Farm operations are timely performed and the quality of agricultural commodities produced by the use of machinery is better. Further, the workload is reduced and also it brings about a change in the characteristics of agricultural practices.The agriculture industry is presently facing many challenges: producing more food to feed the rapidly growing population with a waning labour force. Without the use of agricultural equipment, it is likely to become very difficult to sustain the needs of this growing population.

However, lately there was innovation in chemicals, fertilizers, and seeds which empowered the agricultural producers to try to meet the steadily rising demands of the world population. The use of pre-harvest equipment is likely to help the farmers in improving their production capacities to reduce the widening gap between demand and supply of agricultural produce. But in spite of such innovations in agricultural productivity, the challenges for the agricultural industry to supply the growing global economy with adequate supplies of agriculture are greater than ever before.

The tillage and planting equipment are the major segments capturing nearly 60% of the total market share. The production of self-propelled equipment has shown incredible growth in the last two decades because of its increased use by the farmers, facilitated by simplicity in the application.The Planting Equipment accounts for 30% of the total market. Steadily increasing use of pre-harvest equipment in order to increase production capacity and efficiency is the cause of the observed market growth. Moreover, increasing awareness among farmers and several government initiatives especially in developing economies is anticipated to increase the demand for market in the coming few years.

Drivers and Restraints of Middle East and Africa Pre-Harvest Equipment Market:

The Middle East and Africa Pre-Harvest Market is driven by the linked advantages such as enhanced farm yield and lessening in labour requirement. Other factors propelling the demand of the industry include increased consumption of food due to the population growth, augmented farm mechanization level and rising income of middle class farmers in developing nations. Additionally, several government initiatives and subsidiaries provided by them, especially in developing economies are projected to augment Middle East and Africa pre-harvest market throughout the forecast period. But still, the lack of awareness and hefty cost of farm equipment, are the major challenges in the growth of the market. Primary restraining factors for agricultural equipment market are the small and fragmented land holdings in various parts of the middle east and Africa.

The Middle East and Africa Pre-Harvest Equipment Market is segmented and sub-segmented into following categories:

Middle East and Africa Pre-Harvest Equipment Market - By Type:

  • Primary Tillage Equipment

  • Secondary Tillage Equipment
  • Planting Equipment
  • Irrigation Equipment
  • Plant Protection & Fertilizing
  • seed drills
  • planters
  • air seeders
  • others

Major companies are focusing on launching of new products for expansion of business in the Middle East and Africa markets. Substantial investments were made by companies in the local market to cater to the domestic demand. New products were launched by manufacturers to provide customized solutions to the farmers. Another area of focus was launching of crop specific agricultural equipment. Collaborations were made with distributors in foreign market to guarantee a continuous supply of the products and implements. Thus, from 2018 to 2023, new products launch, and collaborations were the leading growth strategies for pre-harvest agri equipment, together accounting for a 63% of the total developments.

The Market is Geographically divided into:

  • Middle East
  • Africa

Key Players:

The Middle East and Africa pre-harvest equipment market industry is highly consolidated with few companies manufacturing most of the products, and rest of the market share is divided into small companies. Deere & Company (U.S.), CNH Global (The Netherlands), and AGCO Corp (U.S.). are the market leaders with a combined share of about 60%. The other players include Mahindra & Mahindra Ltd (India), Valmont Industries Inc.(U.S.), Iseki & Company Ltd(Japan), etc. Deere & Company is the market leader with 38% in 2018. In order to expand its product lines, John Deere has introduced various equipment. The company also adopted expansion and investments as its strategies for expanding its market globally. It invested around USD 58 million in its John Deere Seeding manufacturing plant in Moline to enhance its operations.

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: sales@marketdataforecast.com

Click for Request Sample