Agricultural Shredder Market Size, Share, Industry Trends, Outlook, and Forecast 2023 - 2030

Market Overview

Global Agricultural Shredder Market reached USD 1.9 billion in 2022 and is expected to reach USD 2.7 billion by 2030, growing with a CAGR of 4.4% during the forecast period 2023-2030. As awareness regarding environmental sustainability and waste management grows, there was a rising demand for agricultural shredders to effectively dispose of crop residues and other organic waste.

Agricultural shredders are used to cut and shred various agricultural materials, which include crop residues, stalks, branches and other organic matter, that can further be used as compost or fodder for animals. 

In March 2022, in India, the agriculture and animal husbandry departments of the Himachal Pradesh government introduced 11 online services under the direct benefit transfer (DBT) scheme. These include 5 services of agricultural department. The new proposal includes facility of shredding scrap. With a growing emphasis on sustainable agricultural practices, farmers and agricultural organizations are turning to agricultural shredders to manage crop residues effectively. Hence, as sustainable farming practices gain popularity, the demand for agricultural shredders is expected to increase. 

Market Scope

Market Dynamics

Increasing Demand for Agricultural Waste Management

According to the Indian Council of Agricultural Research, India generates about 350 million tons of agricultural waste every year. Agricultural waste, such as crop residues, pruning materials and organic waste, can make environmental issues, like soil erosion, water pollution and greenhouse gas emissions, if not managed properly. Agricultural shredders offer an effective solution for processing this agricultural waste by converting it into compost or mulch, which can enhance the quality of the soil.

Agricultural shredders play a crucial role in resource conservation. By shredding crop residues and organic waste, farmers can reuse these materials as inputs in their farming operations. This reduces the need for external inputs like chemical fertilizers and reduces the overall demand for natural resources.

Growing Interest in Organic Farming

Organic farming emphasizes the importance of maintaining soil health and fertility through organic matter incorporation. As a result, according to FAO, organic agriculture is practiced in 187 countries and 72.3 million hectares of agricultural land were managed organically. Agricultural shredders are used to process crop residues, such as leftover stalks and plant material after harvest, into finely shredded material. This shredded residue can then be incorporated into the soil as organic mulch or compost, enriching the soil with essential nutrients and improving it. 

Composting is a key practice in organic farming to recycle agricultural waste and create nutrient-rich compost. Agricultural shredders efficiently shred crop residues, pruned materials and other organic waste, allowing for faster decomposition and composting. The resulting compost is a valuable natural fertilizer that can be used to nourish crops and enhance soil fertility.

Rise in Cost of Raw Materials

Agricultural shredders are complex machines that require precision engineering and specialized manufacturing processes. The design and construction of these machines need to withstand the stresses and strains of shredding tough agricultural residues. The complexity of the manufacturing process adds to the overall production cost. 

The main components of agricultural shredders, such as blades, knives and metal parts, are often made from raw materials like steel and iron. An increase in the cost of these raw materials directly impacts the manufacturing costs of the shredders. For instance, an agricultural shredder provided by Kovai Classic Industries costs approx 1.77 Lakh / Piece. Manufacturers may struggle to maintain their profit margins and may need to pass on the increased costs to customers, resulting in higher product prices. 

Segment Analysis

The global agricultural shredder market is segmented based on type, equipment, automation, power, distribution channel and region.

The Versatility of Rotary Cutters

Rotary cutters are versatile agricultural shredders that can handle a wide range of materials, including crop residues, grass, weeds and small trees or shrubs. Their ability to efficiently shred different types of agricultural waste make them a preferred choice for farmers and landowners. Rotary cutters are designed for high-speed operation, letting them cover big areas quickly. they are effective in clearing big fields, pastures and roadsides, making them ideal for tasks that require a high level of performance and productivity.

Many rotary cutters are designed with user-friendly functions, making them simple to operate. Farmers can easily learn to use them, which further increases their demand in the market. John Deere offers rotary cutters, John Deere HX20 which has a superior four-gearcase design, gearcases and blade holders for better performance, domed shape and smooth top deck that is easy to clean and safety tow chains for extra support.

Geographical Penetration

Government Support and Subsidies in Asia Pacific

Many countries in the Asia Pacific region are undergoing a transition from traditional farming methods to more mechanized and modern agricultural practices. As farmers seek to improve efficiency and productivity, they are adopting mechanized solutions like agricultural shredders to manage crop residues and waste effectively.

Several countries in the Asia Pacific region provide government support and subsidies to promote the adoption of modern agricultural machinery. These incentives encourage farmers to invest in shredders and other equipment, further boosting the market. In February 2023, the government of India launched the Agricultural Machinery Grant Scheme to provide farmers with affordable agricultural machinery. Under this scheme, the govt provides subsidies on tractor reaper, shredder and mulcher agricultural machinery.

Major Key Players

The major global players include Mahindra & Mahindra Limited, Landoll Company, LLC, Bobcat Company, Alamo Group, Daedong Industrial Co., Ltd, AGCO Corp., JC Bamford Excavators Limited, Kubota Corporation, Deere & Company, BEFCO, Inc

COVID-19 Impact Analysis

COVID Impact

The COVID-19 pandemic led to labor shortages and logistical challenges in the agricultural sector, affecting farming activities, including waste management. With reduced workforce availability and disrupted logistics, some farmers might have postponed or reduced their agricultural waste management activities, impacting the demand for shredders.

The pandemic caused an economic downturn globally, which led to financial hardships for many individuals and businesses. As a result, there might have been a decreased willingness to invest in capital-intensive equipment like agricultural shredders. 

By Type

• Fixed
• Portable
  • Self-driven
  • Attachments/Implements

By Equipment

• Rotary Cutters
  • Spindle Rotary Cutters
    • Single-spindle Rotary Cutters
    • Multi-spindle Rotary Cutters
  • Flex-wing Rotary Cutters
• Grooming Mowers
• Flail Mowers & Shredders

By Automation

• Semi-Automatic
• Automatic

By Power

• Electric
• Diesel

By Distribution Channel     

• Company-Owned Shop     
• Specialty Stores
• Hypermarket/Supermarket
• Others

     By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In May 2023, BERTI launched the stalks shredder LAND/P BioG. The machine operates by cutting plant residue entering the front of the machine and unlocking a new frontier for renewable energy.

Why Purchase the Report?

• To visualize the global agricultural shredder market segmentation based on type, equipment, automation, power, distribution channel and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of agricultural shredder market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global agricultural shredder market report would provide approximately 61 tables, 57      figures and 181 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

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