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Maize Pickers Market Growth, Demand, Trends, Share, Industry, Market Forecast (2024-2031)

Published: September 2023 || SKU: AG5989
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Maize Pickers Market is Segmented By Type (Self-Propelled Maize Pickers, Tractor-Mounted Maize Pickers), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

 

Maize Pickers Market Overview

Maize Pickers Market is forecasted to reach at a CAGR of 4.32% during the forecast period (2023-2030). Maize picker is a machine for gathering the ears and removing the husks from standing corn. The widespread consumption of maize has led to the increase in the availability of equipment needed for crop production and processing. Maize pickers could be classified into two types, one is maize-for-grain harvesters, including pickers and grain harvesters, the other is whole plant harvesters, including forage harvesters and combined grain-stover harvesters. Maize is one of the most widely grown and traded crop and leading cereal in terms of volume and production. Rising demand and a combination of technological advances, yield increases and area expansion has surged the demand for maize production. The growth of the farming techniques and the development of more complicated machines are driving the growth of the market.

 

Maize Pickers Market Summary and Scope

Metrics

Details

Market CAGR

 4.32%

Segments Covered

 By Type, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Maize Pickers Market Dynamics and Trends

Growth in agricultural mechanization globally drives the market growth

The shrinking land, water resources, and labor force have increased the need for farm mechanization in developing countries. In addition, the market is driven by increasing rates of mechanization in developing countries. In modern agriculture, mechanization is an essential input. It enhances productivity, besides reducing cost of cultivation. Besides improving production efficiency, mechanization encourages large scale production and sometimes can improve the quality of farm produce. Agriculture technology has seen a huge growth in investment, with $6.7 billion invested in the last 5 years and $1.9 billion in 2021. Indoor vertical farming, automation and robotics, livestock technology, modern greenhouse practices, precision agriculture and artificial intelligence, and blockchain are the major innovations carried out with mechanization. Sustainable agriculture mechanization contributes significantly which has driven the growth of the market. The demand for the maize has increased due to which the agricultural mechanization has increased.  Moreover, maize pickers industry growth is expected to accelerate over the next five years, driven by the acute shortage of skilled farm labor because of farm workers migrating to other labor-intensive industries.

 

Maize Pickers Market Segmentation Analysis

Tractor mounted maize pickers accounted for the highest share in global maize pickers market

The tractor mounted maize pickers are well known for its load bearing capacity and it provides more power in planting than others maize pickers. The tractor mounted maize pickers allow to pick small rows and high rows in the field. According to Indian Institute of Maze Research, nearly 1147.7 million metric tonnes of maize is being produced together by 170 countries from an area of 193.7 million ha with average productivity of 5.75 t/ha in 2020. The maize production has increased as the 83% of the total production is used in feed, starch and bio-fuel industries. Maize is the second most cultivated crop in the world and the most versatile crop among the cereals and using maize directly or indirectly more than 3000 products are being made providing a wide opportunity for value addition. Maize is considered as a prime driver of the global agriculture economy. Moreover, maize is cultivated in tropics, sun tropics and has several types for instance field corn, sweet corn, popcorn and others. The tractor mounted pickers are used widely in the fields owing to the efficiency they possess in maize picking.

 

Maize Pickers Market Geographical Share

APAC is the dominating region during the forecast period

APAC is projected to be the dominating region. Based on the productivity and yield Asia Pacific recorded the highest performance. The vast population causes the high demand and the strong financial support from the government in the financial has increased the market growth in the region. In India, green revolution has significantly increased the growth of the market. Indian farming is experiencing quick change since the presentation of green transformation innovation due to which the agribusiness is increasing. Another significant rising pattern of agribusiness under liberalization is the expanding volume of rural fares which is also increasing the export and imports. According to Indian Institute of Research, Bulk maize production in India went up in 2020 among which 13% is used as livestock feed, 14% in starch industry, 47% is used as poultry feed. India produced 1.73 million MT of maize in 2020. As per the Foreign Agricultural Service of the US Department of Agriculture (USDA), China is expected to produce 272.6 million tonnes of corn and recorded a 4.6% increase from the 2019. Feed corn and residual use is estimated at 211 million tonnes as feed mills switch back to corn rations in China. In countries such as Japan, Australia and other countries such as South Korea are facing an increase in agricultural production which will boost the growth of the market. 

 

Maize Pickers Companies Competitive Landscape

There are several established participants in the industry and local manufacturers; hence, the market is fragmented. Some major key players are Alvan Blanch Development Company, CLAAS, Deere & Company, HALDRUP, Kisankraft, Oxbo International, CNH Industrial, AGCO Corporation, Mahindra & Mahindra Ltd., John Deere among others. The top players in the market are accounting for the majority of the market share through developments such as product launches. For instance, in Aug 2021, John Deere introduced the new 6155MH Tractor, which delivers all the field-proven performance and reliability of other M Series. This product provides additional crop clearance under the axle and greater drawbar clearance when compared to tractors equipped with a standard axle and high-clearance tires.

 

COVID-19 Impact on Maize Pickers Market

Negative impact on the global maize pickers market

During the COVID-19 the agriculture industry faced a severe headwind. The developing countries such as China and India had a largest population dependence on agriculture and the rising cost of labor impacted the market negatively. Apart from China and India most countries have designated the agriculture and agro-food sector as essential and exempt from business closure and restrictions on movement. A severe downturn recorded in 2020 amid the widespread disruption caused by restrictions imposed to contain the spread of COVID-19 accompanied by supply chain disruptions which put even greater upward pressure prices of the products such as agriculture machinery. As the prices of the agriculture machinery increased the prices of the maze pickers also increased and similarly, poor rural reforms in some of the countries such as South Africa resulted in decreasing rural labor.

The global maize pickers market report would provide an access to approximately 61 market data tables, 57 figures and 170 pages

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FAQ’s

  • Maize Pickers Market is expected to grow at a CAGR of 4.32% during the forecasting period 2023-2030.

  • North America region Controls the Maize Pickers Market during 2023-2030.

  • Among all regions, Asia Pacific is the fastest-growing market share during the forecast period.

  • Major players are Alvan Blanch Development Company, CLAAS, Deere & Company, HALDRUP, Kisankraft, Oxbo International, CNH Industrial, AGCO Corporation, Mahindra & Mahindra Ltd., John Deere among others.
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