Agricultural enzymes act as biological catalysts extensively used in agriculture based biological processing like- processing of crop and crop residues, silage fermentation and bio processing of fibers. Agricultural enzymes are also popularly used in animal feed and feed supplement products.
Many agrochemicals industries in Europe are in the phase of reorganization accepting biotechnology and life sciences as the way ahead. Application of agricultural enzymes has become a need of the hour for the competitive agricultural industry of Europe. The regional agricultural enzymes market is driven by organic agriculture practices, increasing focus on agriculture biotechnology and focus on environment friendly agriculture practices. Biotechnology forms the major pillar for the modernization of European agricultural industry and hence act as a catalyst for the market growth of enzymes as well. The future application of enzymes in the European agrochemicals industry is seen bright as it would bring new products and technologies. Increasing effort and investment in research and adoption of various modern farming practices hold opportunity of growth for the industry. Enzyme quality concern and stringent 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. 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.
Europe is one of the primary consuming regions of agricultural enzymes in the world. It holds second position after North America in terms of market share North Americaly. Increasing concern over environment, drive for safe agriculture, and application of advanced farming technologies are the major factors resulting in increasing demand for enzymes in the regions. With its highly advanced agricultural base, 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 the future growth opportunity in the region.
Being a matured market, many North America players are actively involved in the agricultural enzymes market of Europe. Some of the major North America players with substantial market share are- Bioworks Inc., Camson Bio Technologies Ltd, Novozymes A/S, Agrinos Inc. and Adisseo France Inc. 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.
1.1 Research Methodology
1.2 Definition of the Market
1.3 Report Description
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
3.1.1 Popularity of organic food consumption
3.1.2 Environmental and health conciousness among consumers
3.1.3 Increased focus on agricultural biotechnology
3.2.1 Regulatory constraints and enzyme safety
3.2.2 Issues related to patent farming
3.3.1 High investment in R&D
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. MARKET SEGMENTATION
4.1 By Type
4.1.4 Polymerases & Nucleases
4.2 By Application
4.2.1 Crop Protection
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
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
6.2 Adisseo France
6.3 Camson Bio Technologies Ltd.
6.4 Buckman Laboratories
6.5 Bioworks Inc.
6.6 Advanced Enzyme Technologies
6.7 Specialty Enzymes & Biotechnologies
6.9 Greenmax Agro Tech
6.10 Syngenta AGand Aries Agro Ltd
6.11 Agri Life
6.12 Agrinos Inc.
6.13 New England Biolabs
6.14 Aries Agro Ltd.
6.15 Novozymes A/S
6.16 Stoller Inc.
6.17 Chr. Hansen
6.19 Direvo Biotech
6.20 Genencor International