Press release
Global Agriculture Enzymes Market Size, Segmentations, Top Key Players, Trends, & Forecast 2032
The global agricultural enzyme market is valued at USD 284.48 million in 2021 and is projected to grow at a CAGR of 9.8% during the forecast period. As enzymes are essential activators of biological processes, it is well known that they play an important role in maintaining the health of the soil and its environment. Fruits and vegetables, oilseeds, legumes, grains, and cereals all rely on enzymes to grow. Agricultural enzymes are growing in popularity as they alter the quality of the final product.The natural look of the product is driving the market. The enzyme products produced are naturally produced and are not genetically modified or manipulated in any way, making them extremely safe to use and environmentally friendly. In recent years, these articles have become widely accepted in agriculture and the agricultural industry.
Growing interest in agrobiologicals, significant expansion of organic farming, and increased production yields on limited arable land are also key variables driving the market upwards. The main drivers of the demand for agricultural enzymes are population growth, increasing market demand for food production and growing desire for organic products.
Moreover, the increasing utilization of precision farming technology has expanded the market for agricultural enzyme manufacturers. The global agricultural enzyme market will not be significantly affected by the novel coronavirus disease (COVID-19). Despite the pandemic epidemic, the global trend towards sustainable organic farming has driven the market expansion. However, early global supply disruptions had a negative impact on the market. Growing interest in agrobiologicals, significant expansion of organic farming, and increasing total yields on limited arable land are also key variables driving the growth of the market. Bioactive proteins, called agricultural enzymes, are used in place of chemicals in food manufacturing and preservation. It is also used to protect crops from various pests and diseases and to improve agricultural fertility. Furthermore, these compounds are widely used in biological processes in agriculture, such as fermentation of silage, biological treatment of fibers, and treatment of crops and crop residues. In addition, leading companies are investing in developing products that provide optimal solutions for agriculture.
For example, in March 2021, BASF launched research and development on sustainable agricultural solutions ( (R&D) activities. In 2020, BASF's Agricultural Solutions division will invest €840 million in research and development.
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Agriculture Enzymes market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.
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Market Segmentation:
By Types
Phosphatases
Dehydrogenases
Proteases
Sulfatases
By Applications
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Turf & Ornamentals
Following are Top Key players Covered in Report:
Novozymes
China National Chemical
DowDuPont
DSM
Greenmax Agrotech
Bayer
Agrinos
Stoller USA
BioWorks
Agri Life
Monsanto
Ab Enzymes
Lonza
Camson BioTechnologies
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Regional Analysis:
1. North America: This region includes countries such as the United States and Canada. North America has a significant presence in the agriculture enzymes market due to the adoption of advanced agricultural practices and a focus on sustainable farming methods.
2. Europe: European countries like Germany, France, and the Netherlands are prominent players in the agriculture enzymes market. The region emphasizes environmentally friendly agricultural practices and has a well-established market for bio-based products.
3. Asia-Pacific: This region encompasses countries like China, India, Japan, and Australia. Asia-Pacific is a rapidly growing market for agriculture enzymes due to the increasing population, rising demand for food, and the adoption of modern agricultural techniques.
4. Latin America: Countries like Brazil and Argentina are major contributors to the agriculture enzymes market in Latin America. The region has significant agricultural activities, including large-scale farming and crop production.
5. Middle East and Africa: This region includes countries like South Africa and Saudi Arabia. Agriculture enzymes are gaining traction in the Middle East and Africa due to the need for improved agricultural productivity and sustainable farming practices.
6. Rest of the World: This category includes regions and countries not covered in the above regions. It may encompass areas such as Oceania, Central America, and other emerging markets with agriculture enzyme usage.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Agriculture Enzymes market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Agriculture Enzymes would help in identifying future applications in this market.
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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