Agricultural Enzymes Market by Type (Phosphatases, Dehydrogenases, Proteases, Sulfatases and Others), Product Type (Soil Fertility Products and Growth Enhancing Products), Crop Type and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Agricultural Enzymes Market Size

The global Agricultural Enzymes market size was valued at $538.65 million in 2023 and is projected to reach $1,051.86 million by 2029, growing at a CAGR of 11.8% during the forecast period.

Agricultural Enzymes Market Dynamics

• The agricultural enzymes market is expected to witness significant growth in the future due to an increase in production yield from limited arable land and rising demand for the consumption of organic food.

• Additionally, the inclination toward agro-biologicals, an increase in the trend of organic farming, and demand for organic food are the major factors driving the growth of the agricultural enzymes market demand.

• However, stringent international regulations related to biological products restraining the market growth.

Agricultural Enzymes Market Overview

Agricultural enzymes are bioactive proteins that are utilized to produce and protect food instead of chemicals. They're also used to boost crop fertility and protect crops from pests and diseases. These factors help crops develop faster and more efficiently.

By Crop Type, Cereals & Grains Emerge as the Dominant Segment

Cereals & grains are expected to have a huge demand and are estimated to witness a significant growth rate in the foreseeable future. Rice is the most extensively consumed staple food for a major portion of the world's population, particularly in the Asia Pacific Region. Rice is the second most widely produced grain in the world, after corn. In 2015, Asian countries produced 90.5 % of all rice produced worldwide. The climate in the Asia-Pacific region is ideal for cereal and grain cultivation. Cereal consumption varies across Asia-Pacific, depending on the region's geographic and climatic characteristics. Because of altered lifestyles, calorie requirements, increased income, and dietary requirements, urbanization is one of the reasons for boosting demand for cereals and grains. Most cereal crops use agricultural enzymes to increase output by fertilizing the soil and enhancing plant growth.

By Geography, North America Projected to be the Largest Segment in the Agricultural Enzymes Market

North America holds the largest market share owing to the highly developed agriculture industry as well as strict environmental rules. Furthermore, the United States and Mexico are also heavily investing in technologies to develop chemical-free agricultural products. Furthermore, rising urbanization would drive up demand for agricultural enzymes, which would be fueled by rising calorie requirements, changes in food habits, rising disposable incomes, and a variety of lifestyles.

Some of the Key Players Profiled in the Report Include:

• Syngenta AG
• Novozymes A/S
• BASF SE
• Agrinos AS
• Bioworks, Inc.
• Stoller USA Inc
• Bayer CropScience AG
• Koninklijke DSM N.V
• Agri Life
• E.G.. Du Pont De Nemours and Company
• Monsanto Company
• Deepak Fertilisers and Petrochemicals Corporation Limited
• Camson Bio Technologies Limited
• Greenmax Agro Tech
• Aries Agro Limited
• AB Enzymes

This Report Helps to:

• Gain a deeper understanding of the impact of COVID-19 on the Agricultural Enzymes market.
• Understand the key trends that will drive the market and, the challenges it faces in the current market scenario.
• Identify potential growth opportunities.
• Gain in-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Know the historical and forecast size for each segment and sub-segment in (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type
• Phosphatases
• Dehydrogenases
• Proteases
• Sulfatases
• Other Types

Market by, Product Type
• Soil fertility products
• Growth-enhancing products

Market by, Crop Type
• Cereals & grains
• Fruits & vegetables
• Oilseeds & pulses
• Turfs & ornamentals
• Other Crop Types

Market by, Geography

The Agricultural Enzymes Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:

• North America (The United States, Canada, and Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, and Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, and Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, and Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Table Of Content

1 Market Overview           
    1.1 Introduction       
    1.2 Research Objectives      
    1.3 Market Segmentation      
    1.4 Stakeholders       
    1.5 List of Acronyms       
             
2 Executive Summary           
             
3 Research Methodology          
    3.1 Identification of Data      
    3.2 Evaluation of Market Dynamics     
    3.3 Collaboration of Data      
    3.4 Verification and Analysis      
    3.5 Data Sources       
    3.6 Assumptions       

4 Market Dynamics           
    4.1 Market Drivers       
           4.1.1 Increase in Production Yield from Limited Arable Land
           4.1.2 Rising Demand for the Consumption of Organic Food
    4.2 Market Restraints       
           4.2.1 Stringent International Regulations Related to Biological Products
    4.3 Market Opportunities      
    4.4 Market Challenges       
    4.5 Impact of COVID-19 on Agricultural Enzymes Market   
             
5 Porter's Five Force Analysis          
    5.1 Bargaining Power of Suppliers      
    5.2 Bargaining Power of Buyers      
    5.3 Threat of New Entrants      
    5.4 Threat of Substitutes      
    5.5 Competitive Rivalry in the Market     
             
6 Global Agricultural Enzymes Market by, Type        
    6.1 Overview       
    6.2 Phosphatases       
    6.3 Dehydrogenases       
    6.4 Proteases       
    6.5 Sulfatases       
    6.6 Other Types       
           6.6.1 Beta-Glucosidase
           6.6.2 Cellulases
             
7 Global Agricultural Enzymes Market by, Product Type       
    7.1 Overview       
    7.2 Soil fertility products      
    7.3 Growth enhancing products      
             
8 Global Agricultural Enzymes Market by, Crop Type        
    8.1 Overview       
    8.2 Cereals & grains       
    8.3 Fruits & vegetables       
    8.4 Oilseeds & pulses       
    8.5 Turfs & ornamentals      
    8.6 Other Crop Types       
           8.6.1 Plantation
           8.6.2 Herbs 
           8.6.3 Spices 
             
9 Global Agricultural Enzymes Market by, Geography        
    9.1 Overview       
    9.2 North America       
             9.2.1 US
             9.2.2 Canada
             9.2.3 Mexico
    9.3 Europe        
             9.3.1 Germany
             9.3.2 France
             9.3.3 UK
             9.3.4 Italy
             9.3.5 Spain
             9.3.6 Rest of Europe
    9.4 Asia Pacific       
             9.4.1 China
             9.4.2 Japan
             9.4.3 India
             9.4.4 South Korea
             9.4.5 Australia
             9.4.6 New Zealand
             9.4.7 Rest of Asia Pacific
    9.5 South America       
             9.5.1 Brazil
             9.5.2 Argentina
             9.5.3 Chile
             9.5.4 Rest of South America
    9.6 Middle East & Africa      
             9.6.1 UAE
             9.6.2 Saudi Arabia
             9.6.3 Qatar
             9.6.4 Iran
             9.6.5 South Africa
             9.6.6 Rest of Middle East & Africa
             
10 Key Developments           
             
11 Company Profiling           
    11.1 Syngenta AG       
             11.1.1 Business Overview
             11.1.2 Product/Service Offering
             11.1.3 Financial Overview
             11.1.4 SWOT Analysis
             11.1.5 Key Activities
    11.2 Novozymes A/S       
    11.3 BASF SE        
    11.4 Agrinos AS       
    11.5 Bioworks, Inc.       
    11.6 Stoller USA Inc       
    11.7 Bayer Cropscience AG      
    11.8 Koninklijke DSM N.V      
    11.9 Agri Life        
    11.10 E. I. Du Pont De Nemours and Company     
    11.11 Monsanto Company       
    11.12 Deepak Fertilisers and Petrochemicals Corporation Limited   
    11.13 Camson Bio Technologies Limited     
    11.14 Greenmax Agro Tech      
    11.15 Aries Agro Limited       
    11.16 AB Enzymes