The Agricultural Enzymes Market Report 2019-2023 focuses on the global Agricultural Enzymes status, future forecast, growth opportunity, key market, and key players.
The Agricultural Enzymes Market report studies the global market size of Agricultural Enzymes in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Agricultural Enzymes in these regions. This research report categorizes the global Agricultural Enzymes market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of Agricultural Enzymes include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- AGBITECH PTY LIMITED
- AGRAQUEST INC.
- BASF SE
- BAYER CROPSCIENCE
- BIOWORKS INC (UNITED STATES)
- CAMSON BIOTECHNOLOGIES LIMITED
- CERTIS USA L.L.C
- DOW CHEMICAL COMPANY
- HEBEI VEYONG BIO-CHEMICAL CO. LIMITED
- ISAGRO SPA
- KOPPERT B.V. (NETHERLANDS)
- MARRONE BIO INNOVATIONS INC.
- MONSANTO COMPANY (U.S.)
- NATURAL INDUSTRIES -NOVOZYMES (UNITED STATES)
- SYNGENTA INTERNATIONAL AG (SWITZERLAND)
- VALENT BIOSCIENCES CORPORATION
- W.NEUDORFF GMBH KG
Overview of Agricultural Enzymes Market Research Report 2019-2023:-
By the year 2023, the global agricultural enzymes market is expected to reach USD 405 million and is expected to register a single digit CAGR during the forecast period, with North America being one of the primary consumers of agricultural enzymes globally. The United States, with its highly evolved agricultural industry and strict environmental regulations, forms the major market for agricultural enzymes. Canada and Mexico are the other two important markets in the region. In Europe, Germany forms one-fifth of the agricultural enzymes market share in the region. Spain, UK, and France are expected to grow as the export-oriented agriculture industry rises. The new and small markets of Europe would provide future growth opportunity in the region.
Popularity of Organic Food Consumption Drives the Market
Growing demand for organic food and natural food, along with the increasing awareness among people about hazardous properties of pesticides have raised the demand of green and naturally sourced agrochemicals over the years. Moreover rising government concerns over food and environment safety in the Asia-Pacific and Latin America has led to many stringent regulations, such as Integrated Pest Management (IPM). Such regulations are forcing the farmers of various regions to adopt bio-based chemicals in place of their conventional chemical counterparts. Organic fruits such as apples, bananas, and strawberries consist of medical benefit such as enhancement of immunity, preventing cancer, and reducing inflammation. These factors are likely to drive the agricultural enzymes market over the forecast period.
By Application, Cereal & Grain Dominates the Market
In several developing countries, cereal & grain is the staple food and increasing urbanization is one of the main factors affecting the demand for cereal & grain because of different lifestyles, calorie requirements, rise in income, and change in food requirements. Agricultural enzymes are used for most cereal crops to enhance the yield as they fertilize the soil and enhance plant growth. The global demand for agricultural enzymes is also expected to increase as cereals are grown in almost all countries.
Major Players: BASF, ADISSEO FRANCE, CAMSON BIO TECHNOLOGIES LTD., BUCKMAN LABORATORIES, BIOWORKS INC., ADVANCED ENZYME TECHNOLOGIES, AND SPECIALTY ENZYMES & BIOTECHNOLOGIES , among others.
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Reasons to Purchase this Report
Key questions answered in the Agricultural Enzymes Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Agricultural Enzymes market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of Agricultural Enzymes Market Research Report 2019-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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