Market Trends of North America Haying and Forage Machinery Industry
This section covers the major market trends shaping the North America Haying & Forage Machinery Market according to our research experts:
Increasing Forage Cultivation Drives the market
The demand for forage feed from the livestock industries has been boosting the forage cultivation in North America. For instance, According to USDA, the total hay production in the United States was 128.8 million metric tons in 2019, which is 5.8 million metric tonnes more than the hay produced in 2018. In the United States alone, field and forage crops are grown on most of the more than 200 million acres of harvested cropland. Enormous cultivation of forage crops demands huge machinery to handle the farm operations, fuelling the haying and forage machinery market.
United States Dominates the Market
Being the most technologically advanced country and with a vast area under forage cultivation, the United States dominates the market with a major market share. Forage, grasslands, and grazing lands constitute more than two-thirds of all agricultural land in the USA. According to USDA statistics, pasture and hayland account for 73 million hectares in the USA and provide several ecosystem goods and services. Increasing animal feed demand is anticipated to boost the forage cultivation of the country, in turn increasing the sales of forage machinery.
