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Asia-Pacific Agricultural Enzymes Market - By Type, Application and Geography-Market Shares, Forecasts and Trends 2017 - 2022

  • ID: 4384634
  • Report
  • Region: Asia Pacific
  • 116 pages
  • Mordor Intelligence
until Dec 31st 2019
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Asia-Pacific agricultural enzymes industry is expected to grow at a CAGR of 8.3% during 2015-2020. Agricultural enzymes are a composite of intracellular and extracellular enzymatic components produced by microbial organisms like bacteria and fungi. Also enzymes can be derived from animal and plant sources like plant roots, residues and digestive tracts of animals.

Agricultural Enzyme is the catalyst that prompts chemical reactions that release nutrients that might otherwise remain chemically bound, which detoxify the soil. Recognizing the importance of these, farmers around the region have been extensively using these and the market for agricultural enzymes is rapidly growing.

The growing demand for agricultural produce owing to high population growth and increasing processed food demand, increasing focus on agriculture biotechnology and awareness on environment friendly agriculture practices are driving the regional agricultural enzymes market. Most of the application demand comes from crop processing and animal feed additives manufacturing industries. The cost effective production and application of enzymes also form a major reason for growth in the price sensitive markets of Asia-Pacific. Increasing effort, investment in research and adoption of various modern farming practices hold opportunity of growth for the industry. High R&D costs and unclear regulations may create obstacles for the market growth in the region.

The agricultural enzymes market is segmented on the basis of strain types, application and crop types. By product types, the market is segmented into Carbohydrases, Proteases, Lipases, Polymerases & Nucleases; carbohydrases is the most popular with varied applications followed by proteases and lipases. Application of agricultural enzymes is explained as per crop protection, fertility and growth enhancing products. Enzyme based pesticides and fertilizers help farmers to enjoy healthier crops and higher yields; direct application of agriculture enzymes into the field acts as agriculture input enhancers. Crop type application involves cereals and grains, and fruits and vegetables and oilseeds and pulses.

Asia-Pacific is the fastest growing region of agricultural enzymes demand in the world. The region’s market is led by agriculture dominated countries like China and India. The increasing farmers’ awareness regarding issues related to agrochemicals and environmental safety will lead the market growth in those countries. Countries like Thailand and Vietnam would grow positively during the forecast period showing future growth opportunities for the region.

Many North America players are actively involved in the agricultural enzymes market of Asia-Pacific as a strategic move. Some of the major players active in the regional market are- Bioworks Inc., Guangdong VTR Bio-Tech, Novozymes A/S, Syngenta AG, and Deepak Fertilizers and Petrochemicals Corporation Ltd. etc. Increasing investment over product innovation and development has been the major long term strategy for the players in the recent past. North America leaders are strategically acquiring smaller, regional players in order to capture the regional markets with a customer specific approach and product lines.
Note: Product cover images may vary from those shown
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1.1 Research Methodology
1.2 Definition of the Market
1.3 Report Description
3.1 Drivers
3.1.1 Popularity of organic food consumption
3.1.2 Cost efficient application
3.1.3 Environmental and health conciousness among consumers
3.2 Constraints
3.2.1 Regulatory constraints and enzyme safety
3.3 Opportunities
3.3.1 Rising consumer awareness
3.3.2 Adoption of modern Farming Practices and sustainability
3.4 Porter's Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition
4.1 By Type
4.1.1 Carbohydrases
4.1.2 Proteases
4.1.3 Lipases
4.1.4 Polymerases & Nucleases
4.2 By Application
4.2.1 Crop Protection
4.2.2 Fertility
4.2.3 Plant Growth Regulation
4.3 By Crop Type
4.3.1 Grains & Cereals
4.3.2 Oil seeds and pulses
4.3.3 Fruits & Vegetables
4.4 By Geography
4.4.1 Asia-Pacific China Japan India Australia Others
5. Competitive Landscape
5.1 Mergers & Acquisitions
5.2 Joint Ventures
5.3 New Product Launches
5.4 Most active companies in the past five years
5.5 Market Share Analysis
6. Company Profiles
6.1 Asahi Kasei Pharma
6.2 BASF
6.3 Adisseo France
6.4 Camson Bio Technologies Ltd.
6.5 Buckman Laboratories
6.6 Bioworks Inc.
6.7 Advanced Enzyme Technologies
6.8 Specialty Enzymes & Biotechnologies
6.9 Hayashibara
6.10 Greenmax Agro Tech
6.11 Syngenta AGand Aries Agro Ltd
6.12 Deepak Fertilizers and Petrochemicals Corporation Ltd.
6.13 Agri Life
6.14 MP Biomedicals
6.15 Agrinos Inc.
6.16 Novozymes A/S
6.17 Stoller Inc.
6.18 Chr. Hansen
6.19 Lonza Group
6.20 American Biosytems
6.21 Guangdong VTR Bio-Tech
6.22 Life Technologies
6.23 Roche Holding
6.24 Maps Enzymes
6.25 AB Enzymes
6.26 ABF
6.27 Kao
6.28 Kdn Biotech
6.29 Sunson Industry group
Note: Product cover images may vary from those shown
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