Report Description
North America Agricultural Enzymes Market Outlook 2031
The North America Agricultural Enzymes Market size was valued at USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031 expanding at a CAGR of 10.4 % during the forecast period, 2023-2031. The growth of the market is attributed to increasing consumer demand for chemical-free food products such as enzymes.
Agricultural enzymes function as biological catalysts and are widely used in agricultural-based biological processes such as crop and crop residue processing, silage fermentation, and fiber bioprocessing. It is also used in plant growth regulation, fertility, and crop protection. By detoxifying soil that has been treated with pesticides, herbicides, and chemical fertilizers, these enzymes aid in increasing plant output and quality.
The organic food demand is growing in daily life, due to increasing awareness among people about hazardous properties of pesticides, so raised demand of green and naturally sourced agrochemicals over the years. Enzyme have an impact on microbial activity and nutrient cycling, and this help decomposition of organic matter, and give essential nutrients to microbes.
Despite COVID-19, there is a trend toward sustainable and organic farming, which is expected to drive the enzyme market. During the first months of 2020, however, early supply disruptions around the world had a negative influence on the market.
Agricultural Enzymes Market Trends, Drivers, Restraints, and Opportunities
- Increased use of cereals and grains owing to higher organic production is estimated to boost the market.
- Starch in cereal grains many more food applications of cereal starches are diving the cereals production in the region, which drives the market.
- Growing trends of organic farming and demand for organic food, which drives the market.
- Agriculture enzymes and their products are naturally produced, biodegradable, and eco-friendly that fuels the market.
- Strict government regulations and policies of the agriculture enzymes and expensive to produce the product, are projected to hinder the market growth.
- Long durations required for the patent approvals for the launch of new product in market, act as major factor restraining the market.
Scope of North America Agricultural Enzymes Market Report
The report on the North America 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
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Details
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Report Title
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Agricultural Enzymes Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Carbohydrases, Proteases, Lipases, and Polymerases & Nucleases), Applications (Crop Protection, Fertility, and Plant Growth regulations), Crop Types (Grains & Cereals, Oilseeds & Pulses, Fruits & Vegetables, and Others)
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Geographical Scope
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United States, Canada, Mexico and rest of North America
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Elemental Enzymes.; Novozymes.; INFINITE ENZYMES, LLC.; Agrinos.; and Stoller USA.
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North America Agricultural Enzymes Market Segment Insights
The carbohydrate segment is expected to grow at a rapid pace
Based on types, the North America agricultural enzymes market is divided into carbohydrate, proteases, lipases, and polymerases & nucleases. The carbohydrate segment is expected to grow at a rapid pace during the forecast period because of high demand of carbohydrate by the people for healthy life.
The fertility segment is projected to expand to at a rapid pace
Based on applications, the North America agricultural enzymes market is divided into crop protection, fertility, and plant growth regulations. The fertility segment is projected to expand at a rapid pace during forecast period. Reduced soil fertility has been a severe concern in recent years, leading in an increase in enzyme usage to improve soil fertility.
The grains and cereals segment is projected to expand at a considerable CAGR
On the basis of crop type, the market is segregated into grains and cereals, oilseeds and pulses, fruits & vegetables, and others. The grains and cereals segment are anticipated to account for a major market share during the forecast period by the numerous food applications of grains and cereal, the starch is main constituents in it which help to drive the production of cereals.
North America is anticipated to constitute a key market share
In terms of geography, the North America agricultural enzymes market is classified as United States, Canada, Mexico, and rest of North America. North America is expected to constitute a key share of the market during the projected period due to rising demand for organic products.
Segments
Types
- Carbohydrases
- Proteases
- Lipases
- Polymerases & Nucleases
Applications
- Crop Protection
- Fertility
- Plant Growth Regulations
Crop Types
- Grains & Cereals
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
Geography
- United States
- Canada
- Mexico
- Rest of North America
Key Players
Competitive Landscape
Key players competing in the North America agricultural enzymes market include Elemental Enzymes.; Novozymes.; INFINITE ENZYMES, LLC.; Agrinos.; and Stoller USA. Some of these players are adopting various strategies, such as partnerships, acquisitions, and product launches, to gain a larger share in the market. The global enzymes market is fairly consolidated, with the top players controlling majority of market share.
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 (000’ 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. Elemental Enzymes
12.4.2.
Novozymes
12.4.3.
INFINITE ENZYMES, LLC.
12.4.4.
Agrinos
12.4.5.
Stoller USA