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Agricultural Enzymes Market to reach USD 1059.5 Mn at a CAGR of 10.30 percent over the forecast period (2024-2030)

10-25-2024 08:54 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Agricultural Enzymes Market

Agricultural Enzymes Market

Maximize Market Research, a chemical business research firm has published a report on the "Agricultural Enzymes Market". The total market opportunity for Agricultural Enzymes was USD 533.4 Mn in 2023 and is expected to grow at 10.30 percent CAGR through the forecast period by reaching nearly USD 1059.5 Mn.

๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐š๐ฅ ๐„๐ง๐ณ๐ฒ๐ฆ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ

Market Size in 2023: USD 533.4 million

Market Size in 2030: USD 1059.5 million

CAGR: 10.30 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 240

No. of Tables: 43

No. of Charts and Figures: 40

Segment Covered: By Type, Crop Type, and Application

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 2023-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/264852/

๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐š๐ฅ ๐„๐ง๐ณ๐ฒ๐ฆ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The agricultural enzymes market is experiencing significant growth driven by the increasing demand for organic and sustainable farming practices. As organic farming gains traction globally, particularly in regions such as Europe and India, the use of agricultural enzymes such as phosphatases, proteases, and dehydrogenases is becoming essential for enhancing soil fertility, nutrient availability, and crop productivity. In 2023, the phosphatases segment dominated the market due to its critical role in phosphorus cycling. North America holds the largest market share, fueled by advanced agricultural practices and a strong regulatory framework that promotes sustainable agriculture. Key players, including BASF SE, Novozymes A/S, and Syngenta AG, are actively innovating enzyme-based solutions. Recent developments, such as Biocatalysts Ltd's expansion of its manufacturing capabilities and Novus International's acquisition of BioResource International, highlight the ongoing efforts to meet the growing demand for eco-friendly agricultural solutions.

๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐‰๐ฎ๐ฌ๐ญ ๐š ๐‚๐ฅ๐ข๐œ๐ค ๐€๐ฐ๐š :https://www.maximizemarketresearch.com/request-sample/264852/

๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐š๐ฅ ๐„๐ง๐ณ๐ฒ๐ฆ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

The agricultural enzymes market is experiencing growth driven by the increasing demand for organic and sustainable farming. As farmers seek eco-friendly practices, enzymes such as phosphatases, proteases, and dehydrogenases are crucial for enhancing soil fertility and crop yields without synthetic fertilizers. Government initiatives in countries such as India are promoting organic farming, leading to a rise in organic farmland and enzyme-based biofertilizers. Technological advancements in precision agriculture offer significant opportunities for targeted enzyme applications, enabling farmers to optimize fertilizer use while improving sustainability and profitability. However, challenges such as rising traditional fertilizer costs, supply chain disruptions, and regulatory hurdles impede market adoption. Additionally, many farmers remain hesitant to transition to enzyme-based solutions due to unfamiliarity and a lack of education about their benefits. Despite these challenges, the agricultural enzymes market is poised for growth as awareness and adoption of sustainable practices increase.

๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐š๐ฅ ๐„๐ง๐ณ๐ฒ๐ฆ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐๐ฒ ๐“๐ฒ๐ฉ๐ž

Phosphatases
Dehydrogenases
Proteases
Sulfatases
Others

๐๐ฒ ๐‚๐ซ๐จ๐ฉ ๐“๐ฒ๐ฉ๐ž:

Cereals & grains
Fruits & vegetables
Oilseeds & pulses
Turfs & ornamentals
Others

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Crop Protection
Fertility
Plant Growth Regulation
Other

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/264852/

๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐š๐ฅ ๐„๐ง๐ณ๐ฒ๐ฆ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ'๐ฌ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ž

Elemental Enzymes, Inc.- US
Kemin Industries, Inc- US
Monsanto Company- US
Stoller USA Inc. - US
I. du Pont de Nemours and Company- US
Enzymex Solutions- Canada
BioResource International- US
Novozymes- Denmark
Bayer - Germany
Biocatalysts Ltd- UK
Syngenta AG- Switzerland
DSM- Netherland
Grotech Production Ltd- UK
Amano Enzymes Inc.- Japan
Antozyme Biotech Pvt Ltd- India
Biolaxi Enzymes Pvt Ltd- India
Infinita Biotech- India
AgriLife- Australia
Energrow Ltd.- Africa
Bioworks Inc.- Egypt
Fertilizantes Heringer- Brazil
Other Players

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/agricultural-enzymes-market/264852/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐š๐ฅ ๐„๐ง๐ณ๐ฒ๐ฆ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is the demand pattern for the Agricultural Enzymes market?
Which segment dominated the Agricultural Enzymes market growth?
Who is the largest key player in the Agricultural Enzymes Market Growth?
Which region held the largest share of the Agricultural Enzymes market?
Who are the key players in the Agricultural Enzymes market?
What is the growth rate of the Agricultural Enzymes Market?
What are the factors expected to drive the Agricultural Enzymes market growth?
What is the Agricultural Enzymes Market?
What was the Agricultural Enzymes market size in 2023?
What is the expected Agricultural Enzymes market size by 2030?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis By Type, Crop Type, Application, and Region.
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ข๐ฌ ๐ฅ๐ž๐š๐๐ข๐ง๐  ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐…๐ข๐ซ๐ฆ, ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

Global Conductive Carbon Black Market size was valued at USD 375.72 million in 2023 and is expected to reach USD 726.06 million by 2030, at a CAGR of 9.8%.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/conductive-carbon-black-market/257699/

Fiberglass Tanks Market size was valued at USD 2.5 billion in 2023 and is expected to reach USD 3.8 billion by 2030, at a CAGR of 5.68%.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/fiberglass-tanks-market/257420/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical categories and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, category and demand analysis, and client impact studies.

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