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

  • ID: 4384637
  • Report
  • Region: Global
  • 175 pages
  • Mordor Intelligence
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Global agricultural enzymes industry is poised to grow at a CAGR of 7.5% during 2015-2020 to reach a market value of $350.5 million by 2020. Agricultural enzymes are a composite of intracellular and extracellular enzymatic components produced by microbial organisms like bacteria and fungi. These enzymes can also be derived from animal and plant sources like plant roots, residues and digestive tracts of animals.

Agricultural enzymes act as biological catalysts and find their extensive use in agriculture-based biological processing like- processing of crop and crop residues, silage fermentation and bio processing of fibers. Agricultural enzymes are also popularly employed in animal feed and feed supplement products.

Involvement of agricultural enzymes in agriculture sector denotes the new age farming practices, which show concern over environmental impacts, while assuring high productivity. The global agricultural enzymes market is driven by various environment friendly farming practices; popularity of organic farming is the major reason for the market growth of enzymes. Cheaper production methods and new applications make it a cost effective option for the farmers to adopt them substantially. Increasing effort, investment in research and adoption of various modern farming practices open up new growth prospects for the industry. While the market sentiment is seen positive, enzyme safety, quality and uncertain regulatory environment would hinder the market growth to an extent.

The agricultural enzymes market is segmented by strain types, application and by crop types. On the basis of product types, the market is segmented into Carbohydrases, Proteases, Lipases, Polymerases and 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, grains, fruits, vegetables, oilseeds and pulses.

Enzyme application in agriculture finds its ground with the increasing popularity of organic and green agriculture across the globe. North America and Europe are the primary consuming regions of agricultural enzymes accounting for more than half of the global market share. Increasing concern over environment, drive for safe agriculture, and application of advanced farming technologies are the major factors influencing the growing demand for enzymes in these regions. Market in Asia-Pacific region would exhibit highest growth rate led by China and India’s agriculture sectors. Increasing awareness among farmers regarding ill effects of chemical products, popularity of organic agriculture and increasing investment for new product developments drive the market in the region.

Many local and global players are actively involved in the agricultural enzymes market. Some of the major global players with substantial market share include Bioworks Inc., Camson Bio Technologies Ltd, Novozymes A/S and Stoller Inc. etc. Increasing investments on product innovation and development has been the major longterm strategy for the major players in the recent past. Further, research and development, both at government level and private level would help the market to grow economically.
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1. INTRODUCTION
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 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
3.2.2 Issues related to patent farming
3.3 Opportunities
3.3.1 High investment in R&D
3.3.2 Rising consumer awareness
3.3.3 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
4.1.1 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 North America
4.4.1.1 U.S.
4.4.1.2 Canada
4.4.1.3 Mexico
4.4.1.4 Others
4.4.2 Europe
4.4.2.1 Germany
4.4.2.2 U.K.
4.4.2.3 France
4.4.2.4 Spain
4.4.2.5 Italy
4.4.2.6 Others
4.4.3 Asia-Pacific
4.4.3.1 China
4.4.3.2 Japan
4.4.3.3 India
4.4.3.4 Australia
4.4.3.5 Others
4.4.4 South America
4.4.4.1 Brazil
4.4.4.2 Argentina
4.4.4.3 Other
4.4.5 Africa
4.4.5.1 Egypt
4.4.5.2 South Africa
4.4.5.3 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 New England Biolabs
6.17 Aries Agro Ltd.
6.18 Novozymes A/S
6.19 Stoller Inc.
6.20 Chr. Hansen
6.21 Nutriteck
6.22 Verenium
6.23 Direvo Biotech
6.24 Genencor International
6.25 Lonza Group
6.26 American Biosytems
6.27 Guangdong VTR Bio-Tech
6.28 Life Technologies
6.29 Roche Holding
6.30 Maps Enzymes
6.31 AB Enzymes
6.32 ABF
6.33 Kao
6.34 Kdn Biotech
6.35 Sunson Industry group
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