Asia Pacific Agricultural Enzymes Market Size, Growth 2031

Segments - Asia Pacific Agricultural Enzymes Market by Types (Carbohydrases, Proteases, Lipases, and Polymerases & Nucleases), Applications (Crop Protection, Fertility, and Plant Growth Regulation), Crops (Grains & Cereals, Oil Seeds and Pulses, Fruits and Vegetables, and Other Crop Types) and Countries (China, India, Japan, Australia, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

Asia Pacific Agricultural Enzymes Market Outlook 2031:

The Asia Pacific agricultural enzymes market size was valued at USD 144.93 Billion in 2022 and is projected to reach USD 458.44 Billion by 2031, expanding at a CAGR of 13.65% during the forecast period 2023 - 2031. The growth of the market is attributed to the growth of organic farming.

Agricultural enzymes serve as biological catalysts in agricultural-based biological processes such as crop and crop residue processing, silage fermentation, and fiber bioprocessing. Oilseeds, pulses, fruits and vegetables, grains, and cereals all require enzymes to flourish. Agricultural enzymes have progressively gained popularity since they improve the quality of the final output.

Technological advancements in the field of agricultural enzymes, such as the introduction of phytases, which improve the nutritional content of food grains as well as silage fermentation and production capacity, have expanded the use of agricultural enzymes.

According to the Research Institute of Organic Agriculture (FiBL), arable crops accounted for 45 per cent of all organic farmland in Asia in 2017, accounting for 2.7 million hectares, with cereals comprising the key organic arable crops group, primarily wheat and rice, accounting for approximately 1.1 million hectares, or 0.3 per cent of the total cereal area in Asia.

The majority of organic cereals were cultivated on around 900 thousand hectares in China and about 65 thousand hectares in Kazakhstan. Rice, grain maize, and wheat were the most popular organic cereals in 2017. China has the biggest organic wheat acreage, with 143 thousand hectares, followed by Kazakhstan with over 19 thousand hectares, accounting for nearly half of Asia's total organic wheat areas.

According to the Research Institute of Organic Agriculture (FiBL), China's organic market was worth USD 8.54 billion in 2017, making it the world's fourth-largest market for organic products. Furthermore, Japan's organic market is worth USD 1.57 billion, while South Korea's is worth USD 371.2 million. Governments around the Asia Pacific are realizing the environmental and economic benefits of organic farming and are promoting organic agriculture and food production. According to FiBL, Asia has 4.87 million hectares of organic agricultural land in 2016, which rose to 6.0 million hectares in 2017.

Asia Pacific Agricultural Enzymes Market Trends, Drivers, Restraints, and Opportunities

Growing customer awareness about chemicals is estimated to propel the market expansion during the forecast period.
Advancements in agriculture, as well as the rising trend of organic farming, is projected to boost the market growth in the coming years.

Scope of Agricultural Enzymes Market Report

The report on the Asia Pacific agricultural enzymes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Asia Pacific Agricultural Enzymes Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Carbohydrases, Proteases, Lipases, and Polymerases & Nucleases), Applications (Crop Protection, Fertility, and Plant Growth Regulation), and Crops (Grains & Cereals, Oil Seeds and Pulses, Fruits and Vegetables, and Other Crop Types)
Countries Scope	China, India, Japan, Australia, and Rest of Asia Pacific
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Enzyme India Pvt. Ltd., Elemental Enzymes, Agrilife, Novozymes, and Creative Enzymes

Agricultural Enzymes Market Segment Insights

Carbohydrases segment is projected to account for a major market share

Based on types, the Asia Pacific agricultural enzymes market is segmented into carbohydrases, proteases, lipases, and polymerases & nucleases. The carbohydrases segment is expected to account for a key share of the market during the forecast period owing to rising awareness among the general public.

Asia Pacific Agricultural Enzymes Market Types

Crop protection segment is expected to expand at a robust pace

On the basis of applications, the Asia Pacific agricultural enzymes market is segregated into crop protection, fertility, and plant growth regulation. The crop protection segment is expected to account for a key share of the market in the coming years due to the growing shift towards organic farming these days.

Grains & cereals segment is anticipated to expand at a rapid CAGR

In terms of crops, the Asia Pacific agricultural enzymes market is segmented into grains & cereals, oil seeds and pulses, fruits and vegetables, and other crop types.

The grains & cereals segment is expected to account for a key share of the market in the coming years due to increased organic cereal production throughout the projected period.

Asia Pacific Agricultural Enzymes Market Crops

China is anticipated to dominate the market

On the basis of regions, the Asia Pacific agricultural enzymes market is classified as China, India, Japan, Australia, and Rest of Asia Pacific. The market of China is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to extensive support from the government.

Segments

The Asia Pacific agricultural enzymes market has been segmented on the basis of

Types

Carbohydrases
Proteases
Lipases
Polymerases & Nucleases

Applications

Crop Protection
Fertility
Plant Growth Regulation

Crops

Grains & Cereals
Oil Seeds and Pulses
Fruits and Vegetables
Other Crop Types

Countries

China
India
Japan
Australia
Rest of Asia Pacific

Key Players

Enzyme India Pvt. Ltd.
Elemental Enzymes
Agrilife
Novozymes
Creative Enzymes

Competitive Landscape

Key players competing in the Asia Pacific agricultural enzymes market include Enzyme India Pvt. Ltd., Elemental Enzymes, Agrilife, Novozymes, and Creative Enzymes. Some of these players are investing heavily in several business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Asia Pacific Agricultural Enzymes Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Agricultural Enzymes Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Agricultural Enzymes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Agricultural Enzymes Market - Supply Chain
  4.5. Global Agricultural Enzymes Market Forecast
     4.5.1. Agricultural Enzymes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Agricultural Enzymes Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Agricultural Enzymes Market Absolute $ Opportunity
5. Global Agricultural Enzymes Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Agricultural Enzymes Market Size and Volume Forecast by Types
     5.3.1. Carbohydrases
     5.3.2. Proteases
     5.3.3. Lipases
     5.3.4. Polymerases & Nucleases
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Agricultural Enzymes Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Agricultural Enzymes Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Agricultural Enzymes Demand Share Forecast, 2019-2026
7. North America Agricultural Enzymes Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Agricultural Enzymes Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Agricultural Enzymes Market Size and Volume Forecast by Types
     7.4.1. Carbohydrases
     7.4.2. Proteases
     7.4.3. Lipases
     7.4.4. Polymerases & Nucleases
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Agricultural Enzymes Demand Share Forecast, 2019-2026
8. Latin America Agricultural Enzymes Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Agricultural Enzymes Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Agricultural Enzymes Market Size and Volume Forecast by Types
     8.4.1. Carbohydrases
     8.4.2. Proteases
     8.4.3. Lipases
     8.4.4. Polymerases & Nucleases
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Agricultural Enzymes Demand Share Forecast, 2019-2026
9. Europe Agricultural Enzymes Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Agricultural Enzymes Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Agricultural Enzymes Market Size and Volume Forecast by Types
     9.4.1. Carbohydrases
     9.4.2. Proteases
     9.4.3. Lipases
     9.4.4. Polymerases & Nucleases
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Agricultural Enzymes Demand Share Forecast, 2019-2026
10. Asia Pacific Agricultural Enzymes Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Agricultural Enzymes Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Agricultural Enzymes Market Size and Volume Forecast by Types
     10.4.1. Carbohydrases
     10.4.2. Proteases
     10.4.3. Lipases
     10.4.4. Polymerases & Nucleases
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Agricultural Enzymes Demand Share Forecast, 2019-2026
11. Middle East & Africa Agricultural Enzymes Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Agricultural Enzymes Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Agricultural Enzymes Market Size and Volume Forecast by Types
     11.4.1. Carbohydrases
     11.4.2. Proteases
     11.4.3. Lipases
     11.4.4. Polymerases & Nucleases
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Agricultural Enzymes Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Agricultural Enzymes Market: Market Share Analysis
  12.2. Agricultural Enzymes Distributors and Customers
  12.3. Agricultural Enzymes Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Enzyme India Pvt. Ltd.
     12.4.2. Elemental Enzymes
     12.4.3. Agrilife
     12.4.4. Novozymes
     12.4.5. Creative Enzymes