Threshers Market

Market Overview

The global threshers market share is estimated to grow at a CAGR of 3.05% during the forecast period (2023–2031). 

The growth of the global threshers market is driven by the surging demand for food security from the ever-growing population, which requires enhancing food production efficiency. Moreover, there has been a surge in mechanized farming, especially in developing nations worldwide, which has enhanced the adoption of threshers worldwide.

A thresher, sometimes known as a threshing machine, is a farm implement that removes grain seeds from the stalks and husks. It accomplishes this by striking the plant to dislodge the seeds. Threshing is essential in harvesting cereal crops like wheat, oats, barley, and rice. Before the advent of threshing machines, the process of separating grain from harvested crops was commonly performed by humans, such as employing flails or utilizing animals to trample over the crops.

Threshing machines automate and optimize the process. They typically comprise a feeding mechanism for intake of the harvested crop, a threshing drum or rotor equipped with teeth or beaters to separate the grains from the stalks, a separation system to segregate the grain from the straw and chaff, and a collection system for gathering the separated grain. The advent of the threshing machine brought about a revolutionary transformation in agriculture by greatly diminishing the labor needed for the crucial grain separation process.

Market Dynamics

Global Threshers Market Drivers

Growing Need for Food Security

The growing demand for food security, particularly in densely populated and developing regions, is a significant factor driving the threshers market. The Food and Agriculture Organization (FAO) predicted that the world's population will reach 9.71 billion by 2050, necessitating a 70% surge in food production. Production in the developing countries would need to increase by over 100%. This indicates substantial growth in the production of certain essential goods.

Threshers can meet this demand by improving crop productivity and quality. They are more efficient than human techniques in separating grains, resulting in speedier processing. Moreover, threshers assist in reducing post-harvest losses and minimizing grain wastage. Threshers can enhance farmers' income and livelihood by enabling them to sell their grains at elevated prices and gain entry into new markets.

Increasing Demand for Mechanized Farming

The increasing prevalence of automated farming, particularly in the developing regions of Asia-Pacific, Africa, and Latin America, is another factor driving the growth of the threshers market. The use of mechanized farming has numerous advantages, including the augmentation of crop productivity and quality, the reduction of labor and energy demands, the conservation of time and resources, and the improvement of farm administration and profitability. Threshers play a crucial role in automated farming by enhancing the efficiency and efficacy of the threshing process.

Various governments in developing countries are implementing measures to improve agricultural mechanization inside their respective nations. For instance, in India, agricultural mechanization is promoted through the 'Sub-Mission on Agricultural Mechanization' (SMAM). This scheme, implemented from 2014 to 15, is sponsored by the central government and executed by the state governments. It provides financial assistance ranging from 40% to 50% of the cost of agricultural machines, depending on the categories of farmers, to support their purchase. Therefore, these plans promote automated farming, expected to boost the global threshers market.

Global Threshers Market Restraint

High Cost Associated with Threshers

These machines' high initial expenses and maintenance constrain the global thresher market. This might hinder their affordability and availability for small and marginalized farmers, particularly in low-income and developing areas worldwide. Threshers are costly devices that require substantial financial commitment, consistent upkeep, and repair.

Based on research conducted by the International Maize and Wheat Improvement Center (CIMMYT), the typical price range for a thresher in India is between USD 1,000 and USD 3,000. The specific cost varies depending on the machine's kind, size, and capacity. The expense might deter several farmers, who frequently need more financial means and credit infrastructure to acquire and sustain threshers. Moreover, the accessibility and cost-effectiveness of replacement parts and service facilities for threshers might be difficult, particularly in isolated and rural regions.

Global Threshers Market Opportunities

Technological Innovations and Advancements in Threshers 

A significant opportunity for the threshers market lies in the technical breakthroughs and advancements that can improve the performance, functionality, and use. Recent advancements in threshers encompass several notable features. For instance, introducing multi-crop threshers enables the processing of various crop types with minimal modifications. Smart sensors and digital systems have been integrated into threshers, allowing for the monitoring and controlling of threshing parameters and conditions. Moreover, renewable and alternative energy sources, such as solar, wind, and biofuels, have been incorporated into threshers to decrease reliance on fossil fuels and reduce emissions.

Furthermore, compact and portable threshers have been developed, facilitating easy transportation and operation in diverse terrains and locations. For instance, in July 2020, a retired airman and his son in Jasdan, Gujarat, created a portable groundnut thresher. The prototype, which appears larger than usual, resembles a combined harvester. It is fully prepared to leave the workshop and undergo an extended trial and promotion campaign throughout the Kharif harvesting season. These developments and advancements can open up new opportunities and sectors in the thresher market, as they can meet the varied and changing requirements and preferences of farmers and customers.

Regional Analysis

Based on region, the global threshers market is bifurcated into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Asia-Pacific Dominates the Global Market

Asia-Pacific is the most significant global threshers market shareholder and is expected to expand substantially during the forecast period. The region is projected to see the most rapid market expansion due to its substantial population, resulting in a significant demand for food and feed crops, including rice, wheat, maize, millet, and sorghum. The United Nations reports that the Asia and the Pacific region contain 60 percent of the global population. The region also has a substantial and varied agricultural industry, contributing significantly to the GDP and employment in numerous nations, including China, India, Indonesia, Thailand, and Vietnam. Nevertheless, the region encounters innumerable obstacles, including the inadequate efficiency and quality of crops, the high expenses of labor and energy, the limited availability of land and water resources, and the impact of climate change and natural calamities, all of which adversely influence agricultural yield and revenue. Hence, the region exhibits a significant capacity and requirement for the implementation and utilization of threshers, which can raise the efficiency and efficacy of the threshing procedure, thereby augmenting the crop output and quality.

Furthermore, the region benefits from the government and private sector that offer a range of initiatives and initiatives, like the Agricultural Mechanization Development Program (AMDP) in India, the Agricultural Machinery Promotion Project (AMPP) in China, and the Smart Farming Project (SFP) in Thailand. These programs are designed to enhance and simplify the availability and affordability of agricultural machinery and equipment, such as threshers, for farmers and consumers. Moreover, the agriculture minister of Tamil Nadu, M R K Panneerselvam, stated that the government is implementing measures to promote the use of machines in agricultural activities to overcome the labor shortage for cultivation. The budget revealed that the Union and state governments will provide 150 crores to execute the agricultural mechanization plan in Tamil Nadu for the fiscal year 2022-23. All of these factors contribute to the expansion of the regional market.

The European region is expected to experience substantial growth. A strong dedication to sustainable agriculture and strict environmental restrictions influences the European threshers market. As a prominent agricultural center, Germany leads in adopting environmentally friendly threshing technologies. The Common Agricultural Policy (CAP) of the European Union prioritizes sustainable agricultural methods, urging farmers to make investments in state-of-the-art and eco-friendly machinery. CEMA estimations indicate that the agricultural machinery market in Europe (including the European Union and the United Kingdom) had a value of EUR 34.2 billion for manufacturers in 2021, reflecting a 20% increase compared to the previous year. The growing focus on minimizing environmental impact has increased demand for threshers with features such as decreased emissions and optimized energy utilization. This is consistent with the overall objectives of the region to attain sustainable agriculture while also satisfying the needs of a burgeoning population.

Furthermore, the region's market participants provide a range of threshers, including axial flow, tangential flow, and spike-tooth threshers. In November 2019, Oy, a manufacturer based in Finland that specializes in producing top-notch combine harvesters and forestry machinery, presented its inaugural Hybrid Double Rotary Combine Harvesters at Agritechnica 2019 in Hannover. The next Hybrid Harvesters, C20 and C22, will be included in Sampo's well-received COMIA series of Harvesters. Both the new C20 and C22 models have a dual rotating mechanism instead of the conventional straw walker, resulting in significantly increased threshing capacity. Therefore, the factors described above contribute to the growth of the European market.

Segmental Analysis

The global threshers market is segmented by product and applications.

Based on product, the global threshers market is divided into spike-tooth type, axial flow type, hammer mill type, wire-loop type, and others. 

Axial flow threshers are engineered with a distinct technique for segregating grain from the straw. Axial flow threshers employ a distinct method for transporting material through the machine, in contrast to the radial flow design utilized by standard threshers. The crop material, comprising both the harvested crop and detritus, moves in a linear direction along the length of the machine. These machines generally have a revolving rotor equipped with axial vanes or blades. The revolution of the rotor generates a stream of material aligned with its axis.

During the machine's operation, the axial movement of the rotor aids in separating the grain from the straw as the material passes through. The process of threshing and separation takes place simultaneously when the crop material passes through the threshing machine. Axial flow threshers are renowned for their exceptional efficacy in segregating grain from straw while reducing grain impairment. Implementing the axial flow architecture enables a more seamless and regulated separation process.

Based on application, the global threshers market is segmented into wheat, rice, corn, groundnut, sunflower, and others.

The utilization of threshers in wheat cultivation provides many advantages, such as enhanced efficacy, time economy, reduction in labor, and overall enhancement of production in agricultural practices. Wheat is a highly farmed and consumed crop globally, necessitating efficient and effective threshing for grain-chaff separation. Statista reports that worldwide wheat production reached a staggering 778 million metric tons during the 2021/22 marketing year. This represented a rise of around four million tons compared to the preceding year. The global wheat stock is projected to rise to approximately 286 million metric tons by 2022/2023. The global wheat consumption experienced marginal growth in the past year, reaching 793 million metric tons used during the 2021/2022 marketing year. Consequently, increased wheat cultivation and consumption is expected to expand the segment.

Recent Developments

• July 2023- CLAAS announced the expansion of the range of combine harvesters by introducing two new five-walker machines in addition to the TRION and LEXION lines. These tiny machines are enhanced with state-of-the-art Cummins six-cylinder engines and the CEMIS 700 control concept, which elevate their performance, convenience, flexibility, and durability to an unprecedented level within this category.
• January 2023-John Deere introduced a grain-detecting feature for the S700 series combines. This site-specific data assists farmers in accurately documenting the harvest by recording grain quality at every location in the field.