AGRICULTURAL ENZYMES MARKET SIZE, SHARE, GROWTH TO 2025 – NOVOZYMES A/S , SYNGENTA AG , BASF SE

Global Agricultural Enzymes Market is valued approximately USD 279 million in 2017 and is anticipated to grow with a healthy growth rate of more than 11.2 % over the forecast period 2018-2025. Rise in need for food security, growing demand for agricultural biologicals and advancements in farming practices are some key trends that are responsible for the wide adoption of agricultural enzymes globally. Moreover, escalating demand for organic food and growing importance of enhancement of crop quality are some drivers that are supplementing the growth of the agricultural enzymes market globally. According to the Inter-American Institute for Cooperation on Agriculture in 2018, United States continues to be the largest market for organic foods across the world representing around 48% of the total, followed by France 8% and Germany 12%. In 2016, Organic products exceeded to 5% of total sales and sales of organic commodities increase 23% as compared to previous year. Additionally, demand for organic beef, chicken and dairy products continues to rise, has resulted in an annual increase in organic soybean and corn imports around 33% per year.

 

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Top Key Players of this Report 

– Novozymes A/S
– Syngenta AG
– BASF SE
– Agrinos as
– Stoller USA Inc.
– Bioworks, Inc.
– Agri Life
– Bayer Cropscience AG
– Monsanto Company
– E. I. Du Pont De Nemours and Company

 

Thus, growing demand for organic food would increase the demand for agricultural enzymes as these helps to enhance soil fertility, crop quality, strengthening of soil thereby, aiding the growth of the global agricultural enzymes market over the forecast period of 2018-2025. Further, growing demand for soil enzymes along with the adoption of modern farming practices offers lucrative growth prospects for the global agricultural enzymes market globally over the forecast period. However, stringent international regulations related to biological products is the major factor that impede the growth of global agricultural enzymes market.
Based on segmentation, the agricultural enzymes market is segmented into type, crop type and product type. The type segment of global agricultural enzymes market is classified into phosphatases, dehydrogenases, proteases, sulfatases and others of which phosphatase holds the leading position as it plays an important role in the soil systems due to its ability to solubilize soil mineral. On the basis of crop type, the market is bifurcated into cereals & grains, oilseeds & pulses, fruits & vegetables, turf & ornamentals and other crop types. The oilseeds & pulses followed by the cereals & grains are widely consumed, hence gaining importance as cash crops. The product segment includes soil fertility products and growth enhancing products.

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Table of Contents 

Chapter 1. Global Agricultural Enzymes Market Definition and Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Global Agricultural Enzymes Market Dynamics
Chapter 5. Global Agricultural Enzymes Market, By Type
Chapter 6. Global Agricultural Enzymes Market, By Crop Type
Chapter 7. Global Agricultural Enzymes Market, By Product Type
Chapter 8. Global Agricultural Enzymes Market, by Regional Analysis
Chapter 9. Competitive Intelligence

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Email: [email protected]
Organization: Premium Market Insights
Phone: +1-646-491-9876

 

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Posted by on Wednesday December 04 2019, 12:03 AM EST. All trademarks acknowledged. Filed under Agriculture, Business Services, Featured Press Release, Food & Beverage. Comments and Trackbacks are open. Follow responses: RSS 2.0

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