Product Code: PM1185
The global agricultural enzymes market size is expected to reach USD 639.85 million by 2030, according to a new study by Polaris Market Research. The report "Agricultural Enzymes Market Share, Size, Trends, Industry Analysis Report, By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Turf & Ornamentals, Others); By Enzyme Type; By Product Type; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market for agricultural enzymes is becoming more competitive due to consumers' growing preference for organic food. Development in organic farming, the consumption of organic food, and an improvement in productivity yield from limited arable land are the main variables that are anticipated to be driving the tendency toward agro-biologicals. The product influences microbial activities and nutrient cycling, are significant indicators of the breakdown of organic materials, and supply essential microbial nutrients.
In addition, rising consumer concern about the health of food containing chemicals will support the industry growth. Because of the various lifestyles, calorie needs, rise in income, and changes in dietary requirements, rising urbanization is one of the critical factors affecting the demand for the product. Most cereal crops use these products to increase output while fertilizing the soil and promoting plant growth. The industry will also be driven by rising biofuel demand, cost-effective new farming techniques, and innovative farming methods.
Additionally, the growing government concerns about the safety of the environment and food are motivating farmers in many regions to switch to bio-based chemicals instead of their conventional chemical counterparts. Over the projected period, these elements will likely propel the industry's growth.
Significant R&D expenditures by major participants will drive innovation and intensify competition. For instance, in January 2021, Almac Sciences received $2 million in funding from Investment Northern Ireland to advance a program enzyme. Following two rounds of R&D funding funded by Invest NI, the organization previously created a biotechnology infrastructure for enzyme chemistry and biology.
This investment will advance the program to develop the INSIGHT platform (IN Silico Informed metaGenomic Harvesting Technology), designed with investigation from computational, metaproteomics, biology, and chemistry techniques. It was awarded by INI and assisted by the European Regional Development Fund. Due to large R&D expenditures, the industry has seen the debut of numerous innovative products.
Agricultural Enzymes Market Report Highlights
The growth-enhancing products segment is anticipated to witness healthy growth over the forecast period. When these compounds are applied to crops, they have benefits, including appropriate flowering and improved cell division, which support healthy plant growth. These elements should support segment expansion.
Oilseeds & pulses accounted for a significant revenue share due to the rising demand for biofuel and vegetable oil. The segment's expansion is also predicted to be fueled by the consumption of the oilseed in palm kernel, rapeseed, and cottonseed.
Asia Pacific is expected to grow at a significant CAGR rate over the projected period due to developing nations with economies. Due to its significant agricultural investments, China is anticipated to be the largest share holder over the projection period.
The global market is highly competitive owing to the existence of prominent industry players with a worldwide presence, including AB Enzymes Inc., Agri Life Corp., BASF SE, Bioworks Inc, DowDuPont Corp, DSM N.V., Greenmax Agro Tech., Novozymes A/S, Stoller USA Inc., and Syngenta AG.
Polaris Market Research has segmented the agricultural enzymes market report based on, crop type, enzyme type, product, and region:
Agricultural Enzymes, Enzyme Type Outlook (Revenue - USD Million, 2018 - 2030)
Phosphatases
Dehydrogenases
Sulfatases
Others
Agricultural Enzymes, Crop Type Outlook (Revenue - USD Million, 2018 - 2030)
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Turf & Ornamentals
Others
Agricultural Enzymes, Product Type Outlook (Revenue - USD Million, 2018 - 2030)
Fertility Products
Growth Enhancing Products
Control Products
Agricultural Enzymes, Regional Outlook (Revenue - USD Million, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Agricultural Enzymes Market Insights
- 4.1. Agricultural Enzymes - Industry Snapshot
- 4.2. Agricultural Enzymes Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increase in Trend of Organic Farming and Demand for Organic Food
- 4.2.1.2. Inclination Toward Agro-Biologicals
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Stringent International Regulations Related to Biological Products
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Agricultural Enzymes Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Agricultural Enzymes Market, by Enzyme Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 5.3. Phosphatases
- 5.3.1. Global Agricultural Enzymes Market, by Phosphatases, by Region, 2018 - 2030 (USD Million)
- 5.4. Dehydrogenases
- 5.4.1. Global Agricultural Enzymes Market, by Dehydrogenases, by Region, 2018 - 2030 (USD Million)
- 5.5. Sulfatases
- 5.5.1. Global Agricultural Enzymes Market, by Sulfatases, by Region, 2018 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Global Other Agricultural Enzymes Market, by Region, 2018 - 2030 (USD Million)
6. Global Agricultural Enzymes Market, by Crop Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 6.3. Cereals & Grains
- 6.3.1. Global Agricultural Enzymes Market, by Cereals & Grains, by Region, 2018 - 2030 (USD Million)
- 6.4. Oilseeds & Pulses
- 6.4.1. Global Agricultural Enzymes Market, by Oilseeds & Pulses, by Region, 2018 - 2030 (USD Million)
- 6.5. Fruits & Vegetables
- 6.5.1. Global Agricultural Enzymes Market, by Fruits & Vegetables, by Region, 2018 - 2030 (USD Million)
- 6.6. Turf & Ornamentals
- 6.6.1. Global Agricultural Enzymes Market, by Turf & Ornamentals, by Region, 2018 - 2030 (USD Million)
- 6.7. Others
- 6.7.1. Global Other Agricultural Enzymes Market, by Region, 2018 - 2030 (USD Million)
7. Global Agricultural Enzymes Market, by Product Type
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 7.3. Fertility Products
- 7.3.1. Global Agricultural Enzymes Market, by Fertility Products, by Region, 2018 - 2030 (USD Million)
- 7.4. Growth Enhancing Products
- 7.4.1. Global Agricultural Enzymes Market, by Growth Enhancing Products, by Region, 2018 - 2030 (USD Million)
- 7.5. Control Products
- 7.5.1. Global Agricultural Enzymes Market, by Control Products, by Region, 2018 - 2030 (USD Million)
8. Global Agricultural Enzymes Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Agricultural Enzymes Market Assessment, By Geography, 2018 - 2030 (USD Million)
- 8.3. Agricultural Enzymes Market - North America
- 8.3.1. North America: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.3.2. North America: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.3.3. North America: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.3.4. Agricultural Enzymes Market - U.S.
- 8.3.4.1. U.S.: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.3.4.2. U.S.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.3.4.3. U.S.: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.3.5. Agricultural Enzymes Market - Canada
- 8.3.5.1. Canada: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.3.5.2. Canada.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.3.5.3. Canada: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.4. Agricultural Enzymes Market - Europe
- 8.4.1. Europe: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.4.2. Europe.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.4.3. Europe: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.4.4. Agricultural Enzymes Market - UK
- 8.4.4.1. UK: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.4.4.2. UK.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.4.4.3. UK: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.4.5. Agricultural Enzymes Market - France
- 8.4.5.1. France: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.4.5.2. France.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.4.5.3. France: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.4.6. Agricultural Enzymes Market - Germany
- 8.4.6.1. Germany: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.4.6.2. Germany.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.4.6.3. Germany: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.4.7. Agricultural Enzymes Market - Italy
- 8.4.7.1. Italy: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.4.7.2. Italy.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.4.7.3. Italy: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.4.8. Agricultural Enzymes Market - Spain
- 8.4.8.1. Spain: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.4.8.2. Spain.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.4.8.3. Spain: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.4.9. Agricultural Enzymes Market - Netherlands
- 8.4.9.1. Netherlands: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.4.9.2. Netherlands.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.4.9.3. Netherlands: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.4.10. Agricultural Enzymes Market - Russia
- 8.4.10.1. Russia: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.4.10.2. Russia.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.4.10.3. Russia: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.5. Agricultural Enzymes Market - Asia Pacific
- 8.5.1. Asia Pacific: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.5.2. Asia Pacific.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.5.3. Asia Pacific: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.5.4. Agricultural Enzymes Market - China
- 8.5.4.1. China: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.5.4.2. China.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.5.4.3. China: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.5.5. Agricultural Enzymes Market - India
- 8.5.5.1. India: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.5.5.2. India.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.5.5.3. India: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.5.6. Agricultural Enzymes Market - Malaysia
- 8.5.6.1. Malaysia: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.5.6.2. Malaysia.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.5.6.3. Malaysia: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.5.7. Agricultural Enzymes Market - Japan
- 8.5.7.1. Japan: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.5.7.2. Japan.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.5.7.3. Japan: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.5.8. Agricultural Enzymes Market - Indonesia
- 8.5.8.1. Indonesia: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.5.8.2. Indonesia.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.5.8.3. Indonesia: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.5.9. Agricultural Enzymes Market - South Korea
- 8.5.9.1. South Korea: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.5.9.2. South Korea.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.5.9.3. South Korea: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.6. Agricultural Enzymes Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.6.2. Middle East & Africa.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.6.3. Middle East & Africa: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.6.4. Agricultural Enzymes Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.6.4.2. Saudi Arabia.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.6.4.3. Saudi Arabia: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.6.5. Agricultural Enzymes Market - UAE
- 8.6.5.1. UAE: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.6.5.2. UAE.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.6.5.3. UAE: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.6.6. Agricultural Enzymes Market - Israel
- 8.6.6.1. Israel: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.6.6.2. Israel.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.6.6.3. Israel: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.6.7. Agricultural Enzymes Market - South Africa
- 8.6.7.1. South Africa: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.6.7.2. South Africa.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.6.7.3. South Africa: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.7. Agricultural Enzymes Market - Latin America
- 8.7.1. Latin America: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.7.2. Latin America.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.7.3. Latin America: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.7.4. Agricultural Enzymes Market - Mexico
- 8.7.4.1. Mexico: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.7.4.2. Mexico.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.7.4.3. Mexico: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.7.5. Agricultural Enzymes Market - Brazil
- 8.7.5.1. Brazil: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.7.5.2. Brazil.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.7.5.3. Brazil: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
- 8.7.6. Agricultural Enzymes Market - Argentina
- 8.7.6.1. Argentina: Agricultural Enzymes Market, by Enzyme Type, 2018 - 2030 (USD Million)
- 8.7.6.2. Argentina.: Agricultural Enzymes Market, by Product Type, 2018 - 2030 (USD Million)
- 8.7.6.3. Argentina: Agricultural Enzymes Market, by Crop Type, 2018 - 2030 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Agrinos AS
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. AB Enzymes Inc
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Agri Life Corp
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Aries Agro Limited
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Bayer Cropscience AG
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. BASF SE
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Bioworks Inc
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. DowDuPont
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Deepak Fertilizers Ltd
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. DSM N.V
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Ecozyme Ltd
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Greenmax Agro Tech
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Novozymes A/S
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Stoller USA Inc
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Syngenta AG
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development