Global Bale Unroller Market Expected to grow at CAGR of 2.4% for the forecast period from 2017-2025
According to a new report published by Reports Monitor titled, “Bale Unroller Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Bale Unroller Market was valued at $XX million in 2015, and is projected to reach $XX million by 2025, growing at a CAGR of 2.4% from 2017 to 2025. North America is the leader in bale unroller market in both volume and value terms and is expected to continue leading the market through 2025.
Bale is a stack of hay tightly compressed together. Bale unroller is specialized livestock/farm equipment utilized for unrolling large bales of hay. The equipment is majorly used in livestock farming and has combined applications in agricultural industry. The simple but effective design of bale unrollers allows ranchers to efficiently handle and distribute largely sized hay bales. Hence, the device is utilized when a large group of animals spread across a huge landmass or indoors has to be fed.
Rising demand for meat, meat products and a surge in the number of animals bred in livestock farm is considered as a major driver for this market. In addition, an increased need for efficient animal feeding equipment’s supplements the demand for bale unrollers in many developed countries. Increased in demand for animal product owing to huge population base, disposable income and rising demand in emerging economies favor the growth of the agricultural sector that in turn increases demand for the fodder for animals proportionally elevating the need for effective and less time-consuming feeding techniques. Furthermore, technological advancement in bale unroller design and new product launches by major market players in the industry is anticipated to fuel the demand of bale unrollers in the future. Nonetheless, less knowledge associated with standard equipments like bale unrollers and soaring cost might pose a restraint to the market hampering the growth. Government’s supportive action in the direction of modernizing agriculture industry offers an opportunity to market players.
Key Questions Answered: • What will the market size be in 2025 and what will the growth rate be? • What are the key market trends in Bale Unroller Industry? • Which is the largest and fastest growing region for Bale Unroller and what are the supporting factors? • Who are the key vendors in Bale Unroller market space? • What are the market opportunities and threats faced by the key vendors?
Major Players profiled in the market are: Anderson Group Co., Bressel Und Lade Maschinenbau GmbH, ELHO Oy Ab, EMILY SA ZA Les landes, Göweil Maschinenbau Gmbh, Hustler Equipment, John Deere Company Inc., LUCAS G, Ursus S .A., Vermeer Corporation and Warzée SA.
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