Global Agricultural Enzyme Market Size, Trends and Growth Opportunity, By Type (Phosphatases, Dehydrogenases, Proteases, Sulfatases, Ureases, Others), By Product Type (Soil Fertility Products, Plant Growth Enhancing Products), By Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Turf and Ornamentals, Others), By Region and Forecast till 2027.
Global Agricultural Enzyme Market
The Global Agricultural Enzyme Market size was valued at USD 284.48 million in 2021 and is expected to expand USD 600 million at a CAGR of 12.88 % during forecast period 2022- 2027.
agricultural enzyme are biological catalysts utilized in agricultural biotechnology processing, such as crop residue processing, manufacturing are utilized in agricultural biotechnology processing, such as crop residue processing, the manufacturing of numerous animal feed additives, enzyme-assisted silage fermentation, and fiber bioprocessing. They are use in production, preservation of food and also protect crops from different diseases and pests to improve crop fertility.
Market Drivers
The growing population and shrinkage of arable land increases the demand for food act as major factor for growing the agricultural enzyme market.
The growing trend of organic farming and the rise in demand for pest-specific biocontrol agents propelling the growth of market.Additionally, the rising use of precision farming techniques to enhance agricultural productivity and improved quality of food grains has expanded the market growth.
Market Restraints
The high research and development cost of agricultural enzyme hinders the growth of agricultural enzyme market. Additionally, stringent government regulations related to the biological products anticipated the growth of market.
COVID-19 Impact on Agricultural Enzyme Market
The outbreak of covid-19 does not show a significant impact on the market but as restrictions and lockdown were imposed by the government, the supply chain and production were disrupted.the growing trend of sustainable and organic farming driven the market growth.
Impact of Russia Ukraine War on Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the agricultural enzyme market:
Disruptions in the supply chain: Many agricultural enzyme manufacturers source components from Russia and Ukraine.The war may cause supply chain disruptions and delays, affecting agricultural enzyme production and delivery.
Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as demand for agricultural enzyme in the region.
Market Segmentation
The Global Agricultural Enzyme Market segmented on the basis of Type, Product Type, Crop Type and Region. On the basis of Type it is segmented into Phosphatases, Dehydrogenases, Proteases, Sulfatases, Ureases, Others.On the basis of Product Type it is segmented into Soil Fertility Products, Plant Growth Enhancing Products.On the basis of Crop Type it is segmented into Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Turf and Ornamentals, Others. On the basis of Region it is segmented into North America, Europe, Asia Pacific, Latin America, and MEA.
Regional Analysis
The Global Agricultural Enzyme Market segmented into five regions North America, Europe, Asia Pacific, Latin America, MEA. North America dominates the market due to the significant technological investments to develop chemical-free products for the agricultural industry in this region. Asia Pacific also witnessed for significant rise in agricultural enzyme market during forecast period 2022-2027.
Key Players
Various key players are listed in this report such as Novozymes, Agrinos, Agrilife, Stoller USA Inc, BioWorks Inc, Syngenta AG, Aries Agro Limited, GreenMax AgroTech, Camson Bio Technologies Limited, Valmont Industries, DuPont and Deepak Fertilisers and Petrochemicals, Chr Hansen Holding A/S, Amano Enzyme Inc, Aumgene Biosciences, Megazyme Ltd, Enzyme Supplies Limited.
Market Taxonomy
By Type
• Phosphatases
• Dehydrogenases
• Proteases
• Sulfatases
• Ureases
• Others
By Product type
• Soil Fertility Products
• Plant Growth Enhancing Products
By Crop type
• Cereals And Grains
• Oilseeds And Pulses
• Fruits And Vegetables
• Turf And Ornamentals
• Others
By Region
• North America
• U.S.
• Europe
• U.K.
• Germany
• France
• Asia Pacific
• China
• Japan
• India
• Latin America
• Brazil
• Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Agricultural Enzyme Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Agricultural Enzyme Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Agricultural Enzyme Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Agricultural Enzyme Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Agricultural Enzyme Market Share Analysis, By Product Type
5.3 Agricultural Enzyme Market Size and Forecast, By Product Type
5.3.1 Soil Fertility Products
5.3.2 Plant Growth Enhancing Products
6 Agricultural Enzyme Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Agricultural Enzyme Market Share Analysis, By Type
6.3 Agricultural Enzyme Market Size and Forecast, By Type
6.3.1 Phosphatases
6.3.2 Dehydrogenases
6.3.3 Proteases
6.3.4 Sulfatases
6.3.5 Ureases
6.3.6 Others
7 Agricultural Enzyme Market, By Crop Type
7.1 Y-o-Y Growth Comparison, By Crop Type
7.2 Agricultural Enzyme Market Share Analysis, By Crop Type
7.3 Agricultural Enzyme Market Size and Forecast, By Crop Type
7.3.1 Cereals and Grains
7.3.2 Oilseeds and Pulses
7.3.3 Fruits and Vegetables
7.3.4 Turf and Ornamentals
7.3.5 Others
8 Agricultural Enzyme Market, By Region
8.1 Agricultural Enzyme Market Share Analysis, By Region
8.2 Agricultural Enzyme Market Share Analysis, By Region
8.3 Agricultural Enzyme Market Size and Forecast, By Region
9 North America Agricultural Enzyme Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Agricultural Enzyme Market Share Analysis, By Product Type
9.3 North America Agricultural Enzyme Market Size and Forecast, By Type
9.4 North America Agricultural Enzyme Market Size and Forecast, By Crop Type
9.5 North America Agricultural Enzyme Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Agricultural Enzyme Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Agricultural Enzyme Market Share Analysis, By Product Type
10.3 Europe Agricultural Enzyme Market Size and Forecast, By Type
10.4 Europe Agricultural Enzyme Market Size and Forecast, By Crop Type
10.5 Europe Agricultural Enzyme Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Agricultural Enzyme Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Agricultural Enzyme Market Share Analysis, By Product Type
11.3 Asia Pacific Agricultural Enzyme Market Size and Forecast, By Type
11.4 Asia Pacific Agricultural Enzyme Market Size and Forecast, By Crop Type
11.5 Asia Pacific Agricultural Enzyme Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Agricultural Enzyme Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Agricultural Enzyme Market Share Analysis, By Product Type
12.3 Latin America Agricultural Enzyme Market Size and Forecast, By Type
12.4 Latin America Agricultural Enzyme Market Size and Forecast, By Crop Type
12.4 Latin America Agricultural Enzyme Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Agricultural Enzyme Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Agricultural Enzyme Market Share Analysis, By Product Type
13.3 Middle East Agricultural Enzyme Market Size and Forecast, By Type
13.4 Middle East Agricultural Enzyme Market Size and Forecast, By Crop Type
13.5 Middle East Agricultural Enzyme Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Novozymes
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Agrinos
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Agrilife
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Stoller USA Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 BioWorks Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Syngenta AG
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Aries Agro Limited
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 GreenMax AgroTech
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Camson Bio Technologies Limited
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Valmont Industries
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 DuPont and Deepak Fertilisers and Petrochemicals
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
15.12 Chr Hansen Holding A/S
15.12.1 Overview
15.12.2 Offerings
15.12.3 Key Financials
15.12.4 Business Segment & Geographic Overview
15.12.5 Key Market Developments
15.12.6 Key Strategies
15.13 Amano Enzyme Inc
15.13.1 Overview
15.13.2 Offerings
15.13.3 Key Financials
15.13.4 Business Segment & Geographic Overview
15.13.5 Key Market Developments
15.13.6 Key Strategies
15.14 Aumgene Biosciences
15.14.1 Overview
15.14.2 Offerings
15.14.3 Key Financials
15.14.4 Business Segment & Geographic Overview
15.14.5 Key Market Developments
15.14.6 Key Strategies
15.15 Megazyme Ltd
15.15.1 Overview
15.15.2 Offerings
15.15.3 Key Financials
15.15.4 Business Segment & Geographic Overview
15.15.5 Key Market Developments
15.15.6 Key Strategies
15.16 Enzyme Supplies Limited
15.16.1 Overview
15.16.2 Offerings
15.16.3 Key Financials
15.16.4 Business Segment & Geographic Overview
15.16.5 Key Market Developments
15.16.6 Key Strategies