Description
Haying is the process of mowing and drying grass to make hay.Foraging, also known as hunter-gatherer are societies constructed by the active concentration of wild plants, into useful stands, small-scale cultivation, burning of natural vegetation to encourage useful species etc. These are extremely economical and labor efficient
End User/Technology
Hay production involves three processes:cutting, drying , raking, processing and storing.Drying is also known as curing.Seeds need not be planted every year but fertilizers and herbicides must be sprayed regularly.Over-seeding may help increase the yield per hectare.
Market Dynamics
The High cost of equipment and lack of credit options are some of the constraints in developing countries. Rising prices of raw materials are also providing a barrier to this industry.In third world countries of Asia and Africa, the only way to drive this market is to somehow reduce the prices of the machines. The increasing need for animal food like cattle, pigs etc either for farming or for slaughter as well as the labor shortage has prompted the growth of this industry.The global haying and foraging machinery market will be 10.79billion USD by 2021 growing at a CAGR of 3.74%.
Market segmentation
Based onthe product and phase-type analysis:
• Pull Type Forage Harvester
• Forage Blower
Based on geography
• Asia-Pacific
• Europe
• North America
• Rest of The World
Based on Application
• Mowers
• Conditioners
• Tedders or Inverters
• Hay Rakes
Regional/Geographic Analysis
North America is the highest user of such equipment followed by Europe and Australia, owing to higher incomes, better availability of technology and more number of farms per farmer. The Asia-Pacific region has highest growth rate because of high population, increasing demand for food grains and meat, and low technology penetration because of poor per capita income compared to developed economies
Key Players
• AGCO Corporation
• Buhler Industries Inc
• Kuhn Group
• Kubota
- Market segments
- Market Drivers, Restraints and Opportunities
- Market Size & Forecast 2016 to 2022
- Supply & Demand Value Chain
- Market – Current Trends
- Competition & Major Companies
- Technology and R&D Status
- Porters Five Force Analysis
- Strategic and Critical Success Factor Analysis of Key Players
- North America
- US and Canada
- Latin America
- Mexico, Brazil, Argentina and Rest of Latin America
- Western Europe
- EU5 (Germany, France, Italy, Spain, U.K.)
- Nordic Countries (Denmark, Finland, Norway, and Sweden)
- Benelux (Belgium, The Netherlands, and Luxembourg)
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia and New Zealand
- Rest of Asia Pacific
- Middle East and Africa
- GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
- South Africa
- North Africa
- Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
- Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
- Consumer and Pricing Analysis
- Market dynamics of the industry
- Market Segmentation
- Estimated Market Sizing in terms of volume and value
- Recent trends in Market and impact
- Research Status and Technology Overview
- Extensive Industry Structure Coverage
