Agricultural Enzymes Market by Type, Product, Crop Type

Description

List of Tables

[193 Pages Report] The Agricultural Enzymes Market size was estimated at USD 429.14 million in 2022 and expected to reach USD 480.76 million in 2023, at a CAGR 12.16% to reach USD 1,075.15 million by 2030.

Global Agricultural Enzymes Market

KEY MARKET STATISTICS
Base Year [2022]	USD 429.14 million
Estimated Year [2023]	USD 480.76 million
Forecast Year [2030]	USD 1,075.15 million
CAGR (%)	12.16%

Agricultural enzymes are enzymatic formulations that are used in agricultural practices to enhance crop productivity, provide protection against pests and diseases, and improve soil health and fertility. These enzymes are biologically sourced products that catalyze biochemical reactions necessary for plant growth and resilience. The scope of this market includes enzymes utilized in soil fertility, seed treatment, and plant growth regulation, among other applications. The growing population and the pressure to increase food production are driving the usage of agricultural enzymes. Rising demand for organic products boosts the use of natural agricultural inputs, including agricultural enzymes. The growing availability of policies favoring the reduction of chemical usage propels enzyme adoption, creating a platform for market growth. Increased focus by market vendors on improving enzyme formulations to enhance functionality, stability, and weather resilience is anticipated to expand the scope of the market. The rising integration of smart farming technologies with enzyme-based products to optimize application and efficiency is expected to create opportunities for market growth.

Regional Insights

The agricultural enzymes market in the Americas is rapidly expanding owing to the increasing consumer preference for organic agricultural products with ongoing research and development (R&D) activities for novel product development. The massive presence of agricultural lands in developing economies and favorable government initiatives for organic farming assist the growth of agricultural enzymes in the Americas. Countries such as Argentina, Colombia, Cuba, Mexico, and the United States have significant agricultural land contributing to economic growth and gross domestic product (GDP). The Asia-Pacific region witnesses a potent presence of global market players with diverse soil and agricultural enzyme portfolios. The availability of cultivable land to produce more quantity, variety, and quality is heightening the demand for agricultural enzymes. The market growth in EMEA is primarily driven by the increasing focus of developed and developing economies on food security and government encouragement of sustainability in the agricultural sector. The rising demand for organic food products in Europe, the Middle East, and Africa has led governments to strengthen agriculture biological product regulations to ensure their quality. Agriculture enzymes, classified as organic fertilizers, are regulated and certified by government agencies to ensure they are free from possible adulterants.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Agricultural Enzymes Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Agricultural Enzymes Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Agricultural Enzymes Market, highlighting leading vendors and their innovative profiles. These include AB Enzymes GmbH, Advanced Bio-Agro Tech Limited, Agri Life, American Biosystems, Inc., BASF SE, Bayer AG, BioResource International, Inc., Caprienzymes, Corteva, Inc., Creative Enzyme, Cypher Environmental Ltd., Elemental Enymes, Episome Biyoteknolojik Urunler AS, FMC Corporation, Geolife Group, Ginkgo Bioworks, Inc., Infinita Biotech Private Limited, Keva Kaipo Industries Pvt Ltd, Lifespan BioSciences, Inc., Novozymes A/S, Novus International, Inc., Phytozymes Biotech, SIPCO Innovations Inc., Soil Technologies Corporation, South Cascade Organics, Stoller USA, Inc., and Syngenta AG.

Market Segmentation & Coverage

This research report categorizes the Agricultural Enzymes Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Beta-Glucosidase
- Cellulases
- Dehydrogenases
- Phosphatases
- Proteases
- Sulfatases
- Ureases
Product
- Growth Enhancing Products
- Soil Fertility Products
Crop Type
- Cereals & Grains
- Fruits & Vegetables
- Herbs & Spices
- Oilseeds & Pulses
- Turfs & Ornamentals
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Agricultural Enzymes Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Agricultural Enzymes Market?

3. What are the technology trends and regulatory frameworks in the Agricultural Enzymes Market?

4. What is the market share of the leading vendors in the Agricultural Enzymes Market?

5. Which modes and strategic moves are suitable for entering the Agricultural Enzymes Market?

Product Code: MRR-43539E5D35FD

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Agricultural Enzymes Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Demand for soil enzymes to reduce soil pollution
  - 5.1.1.2. Increasing Demand for Organic Food and Organic Farming
  - 5.1.1.3. Significant Shift Toward Agro-Biologicals
- 5.1.2. Restraints
  - 5.1.2.1. Poor Enzyme Productivities Along with High Production Cost
- 5.1.3. Opportunities
  - 5.1.3.1. Significant Investment and Rapidly Developing Agricultural Enzyme Related Technology
  - 5.1.3.2. Adoption of Modern Farming Practices
- 5.1.4. Challenges
  - 5.1.4.1. Reluctance Among Farmers to Adopt Microbe-Derived Products
5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing usage of cellulases due to their ability to enhance overall soil health
- 5.2.2. Product: Rising inclination towards soil fertility products which are integral to long-term agricultural sustainability
- 5.2.3. Crop Type: Increasing demand for agriculture enzymes to enhance the aesthetic appeal of turfs & ornamentals
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter's Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
- 5.10.1. Value Chain Analysis
- 5.10.2. Regulatory Framework
- 5.10.3. Patent Registered and Analysis

6. Agricultural Enzymes Market, by Type

6.1. Introduction
6.2. Beta-Glucosidase
6.3. Cellulases
6.4. Dehydrogenases
6.5. Phosphatases
6.6. Proteases
6.7. Sulfatases
6.8. Ureases

7. Agricultural Enzymes Market, by Product

7.1. Introduction
7.2. Growth Enhancing Products
7.3. Soil Fertility Products

8. Agricultural Enzymes Market, by Crop Type

8.1. Introduction
8.2. Cereals & Grains
8.3. Fruits & Vegetables
8.4. Herbs & Spices
8.5. Oilseeds & Pulses
8.6. Turfs & Ornamentals

9. Americas Agricultural Enzymes Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Agricultural Enzymes Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Agricultural Enzymes Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Agreement, Collaboration, & Partnership
  - 12.3.1.1. Agrivalle and Ginkgo Bioworks Enter Multiyear Strategic Partnership to Accelerate Next-Gen Ag Biological Products
- 12.3.2. New Product Launch & Enhancement
  - 12.3.2.1. Novozymes Launches Natural Enzyme for Improved Plant-based Meat Texture
- 12.3.3. Investment & Funding
  - 12.3.3.1. Paine Schwartz Partners Invests in Elemental Enzymes

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. AB Enzymes GmbH
- 13.1.2. Advanced Bio-Agro Tech Limited
- 13.1.3. Agri Life
- 13.1.4. American Biosystems, Inc.
- 13.1.5. BASF SE
- 13.1.6. Bayer AG
- 13.1.7. BioResource International, Inc.
- 13.1.8. Caprienzymes
- 13.1.9. Corteva, Inc.
- 13.1.10. Creative Enzyme
- 13.1.11. Cypher Environmental Ltd.
- 13.1.12. Elemental Enymes
- 13.1.13. Episome Biyoteknolojik Urunler AS
- 13.1.14. FMC Corporation
- 13.1.15. Geolife Group
- 13.1.16. Ginkgo Bioworks, Inc.
- 13.1.17. Infinita Biotech Private Limited
- 13.1.18. Keva Kaipo Industries Pvt Ltd
- 13.1.19. Lifespan BioSciences, Inc.
- 13.1.20. Novozymes A/S
- 13.1.21. Novus International, Inc.
- 13.1.22. Phytozymes Biotech
- 13.1.23. SIPCO Innovations Inc.
- 13.1.24. Soil Technologies Corporation
- 13.1.25. South Cascade Organics
- 13.1.26. Stoller USA, Inc.
- 13.1.27. Syngenta AG
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing