Global Agricultural Enzymes Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Phosphates, Proteases, Dehydrogenases, and Others.

By Crop Type;

Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others.

By Function;

Soil Fertility and Growth Promoters.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn540571311 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Agricultural Enzymes Market (USD Million), 2020 - 2030

In the year 2023, the Global Agricultural Enzymes Market was valued at USD 511.26 million. The size of this market is expected to increase to USD 1,102.29 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 11.6%.

The Agricultural Enzymes Market Size, which was assessed in 2022, is expected to witness significant growth from 2023 to 2032, demonstrating a compound annual growth rate (CAGR) throughout the forecast period. This growth trajectory reflects the increasing demand for agricultural enzymes driven by various factors. Among these factors, the rising consumer preference for organic products stands out as a prominent driver. With growing awareness about the environmental and health benefits of organic farming practices, consumers are increasingly opting for organic produce, consequently driving the demand for agricultural enzymes used in organic farming methods. The pressing need for food security on a global scale also plays a pivotal role in fueling the growth of the agricultural enzymes market. As the world's population continues to expand, ensuring an adequate and sustainable food supply becomes paramount. Agricultural enzymes contribute to enhancing crop yields, improving soil health, and optimizing nutrient uptake in plants, thereby supporting efforts to increase agricultural productivity and meet the rising demand for food.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Crop Type
    3. Market Snapshot, By Function
    4. Market Snapshot, By Region
  4. Global Agricultural Enzymes Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Organic Products
        2. Rising Need for Sustainable Agriculture
        3. Climate Change Adaptation
      2. Restraints
        1. Regulatory Challenges
        2. High Research and Development Costs
        3. Limited Awareness and Adoption
      3. Opportunities
        1. Expansion of Precision Agriculture
        2. Growing Investment in Bio-based Solutions
        3. Customized Enzyme Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Agricultural Enzymes Market, By Type, 2020 - 2030 (USD Million)
      1. Dehydrogenases
      2. Proteases
      3. Phosphates
    2. Global Agricultural Enzymes Market, By Crop Type, 2020 - 2030 (USD Million)
      1. Cereals & Grains
      2. Oilseeds & Pulses
      3. Fruits & Vegetables
    3. Global Agricultural Enzymes Market, By Function, 2020 - 2030 (USD Million)
      1. Soil Fertility
      2. Growth Promoters
    4. Global Agricultural Enzymes Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Baver Cropscience AG
      2. BASF SE
      3. DowDuPont
      4. Syngenta AG
      5. Novozymes A/S
      6. DSM N.V.
      7. Bioworks, Inc.
      8. AB Enzymes
      9. Agrinos AS
      10. Stoller USA Inc.
      11. Aries Agro Limited
      12. Agri Life
      13. Deepak Fertilizers and Petrochemicals Corporation Limited
      14. Greenmax Agro Tech
  7. Analyst Views
  8. Future Outlook of the Market