Innovations in Agricultural Enzymes Market: How Biotech is Shaping the Future of Farming
According to a research report published by Spherical Insights & Consulting, the Global Agricultural Enzymes Market Size is Expected to Grow from USD 530.46 Billion in 2023 to USD 1267.81 Billion by 2033, at a CAGR of 9.1% during the forecast period 2023-2033.
Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/5217
Agriculture enzymes are the proteins that increase the rate of chemical reactions in plants and soil which improve crop yield and crop quality. Agriculture enzymes are derived from natural sources such as plants, animals, and microorganisms. Agriculture enzymes are phosphatase, dehydrogenase, and sulphatase. Healthy soil allows crops to grow, get nutrients, and thrive in harsh conditions. The use of enzymes and a microbial complex has greatly improved the quality of cash crops, including oilseeds, pulses, cereals, grains, and even fruits and vegetables. Furthermore, the growing interest in agro-biologicals, the remarkable expansion of organic farming, and the increase in total production from a restricted amount of arable land are some of the key reasons propelling the market’s growth. Agricultural enzymes are bioactive proteins that replace chemicals in food production and preservation. However, the production and formulation of enzymes can be costly, especially for specialized or genetically modified products.
Browse key industry insights spread across 220 pages with 110 Market data tables and figures & charts from the Global Agricultural Enzymes Market Size, Share, and COVID-19 Impact Analysis, By Product (Phosphatases, Sulfatases, and Dehydrogenases), By Crop Type (Cereals & Grains, Fruits & Vegetables, Turf & Ornamentals, Oilseeds & Pulses, and Others), By Functionality (Plant Growth Regulation, Crop Protection, and Fertility products), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Buy Now Full Report: https://www.sphericalinsights.com/checkout/5217
The phosphatases segment dominates the market throughout the forecast period.
Based on the product, the global agricultural enzymes market is divided into phosphatases, sulfatases, and dehydrogenases. Among these, the phosphatases segment dominates the market throughout the forecast period. Phosphate ions that are simpler for plants to absorb are released when organic phosphates are broken down more quickly by enzymes known as phosphatase. Making more phosphorus available to plants through these products can enhance plant nutrient uptake and overall crop yield because phosphorus is an essential mineral for plant growth and development.
The cereals & grains segment is estimated to grow at the fastest CAGR growth through the forecast period.
Based on the crop type, the global agricultural enzymes market is divided into cereals & grains, fruits & vegetables, turf & ornamentals, oilseeds & pulses, and others. Among these, the cereals & grains segment is estimated to grow at the fastest CAGR growth through the forecast period. Enzymes such as amylases and proteases can increase the digestibility of cereal grains by breaking down complex proteins and carbohydrates into simpler forms that animals can consume more readily. This leads to improved animal performance, higher feed conversion rates, and better nutrient use in the production of cattle and poultry.
The fertility products segment is expected to have the largest revenue share through the forecast period.
Based on the functionality, the global agricultural enzymes market is divided into plant growth regulation, crop protection, and fertility products. Among these, the fertility products segment is expected to have the largest revenue share through the forecast period. Enzymes support the decomposition of organic matter, nitrogen cycling, and microbial activity all of which improve soil health. Healthy soils with balanced microbial populations are better able to support plant growth and withstand environmental shocks, which enables sustainable agricultural practices.
Inquire Before Buying This Research Report: https://www.sphericalinsights.com/reports/agricultural-enzymes-market
North America is estimated to hold the biggest share of the global agricultural enzymes market over the predicted timeframe.
North America is expected to hold the largest share of the global agricultural enzymes market over the predicted timeframe. The United States produces several specialized crops that require specific management practices, including fruits, vegetables, nuts, and herbs. For a variety of specialized crops, enzyme-based treatments target particular problems with soil fertility, nitrogen management, pest control, and post-harvest quality.
Asia Pacific is estimated to grow at the fastest CAGR growth of the global agricultural enzymes market during the forecast period. Many Asia Pacific countries are rapidly growing their agricultural sectors in order to meet the growing food demands of their growing populations. This is because they offer ways to improve crop productivity, soil health, and resource use efficiency, agricultural enzymes are gaining popularity among farmers trying to increase yields and profitability.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global agricultural enzymes market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Major vendors in the Global Agricultural Enzymes Market are Novozymes A/S, Syngenta AG, E. I. du Pont de Nemours and Company, Koninklijke DSM, Bayer AG, Aries Agro Limited, Stoller USA, Inc., Bioworks, Amano Enzyme Inc., Agrinos AS, Creative Enzymes, Enzyme Development Corporation, Greenmax Agro Tech, American Biosystems, Agrichem Bioengineering, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In May 2024, Rhizobacteria BioSource, a global pioneer in bio-innovation, introduced Rizo power, a novel bio-actator for foliar application derived from soy, corn, cotton, sugarcane, rice, and wheat. The business declared that the UBP molecule, which is unique to Rizo Power, is a significant innovation in the bioactivator field.
- In November 2023, SCD Probiotics and Blue Aqua work together to reduce the use of antibiotics in aquaculture.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global agricultural enzymes market based on the below-mentioned segments:
Global Agricultural Enzymes Market, By Product
- Phosphatases
- Sulfatases
- Dehydrogenases
Global Agricultural Enzymes Market, By Crop Type
- Cereals & Grains
- Fruits & Vegetables
- Turf & Ornamentals
- Oilseeds & Pulses
- Others
Global Agricultural Enzymes Market, By Functionality
- Plant Growth Regulation
- Crop Protection
- Fertility products
Global Agricultural Enzymes Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Browse Related URL:
Global Soil Treatment Market Size, Share, and COVID-19 Impact Analysis, By Technology (Physical Treatment, Biological Treatment, and Thermal Treatment), By Type (Organic Amendments, pH Adjusters, and Soil Protection), By Application (Soil Protection, Weed Control, Pest Control, and Soil Fertility), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Global Agrochemicals Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Pesticides and Fertilizers), By Crop Type (Food Grains, Cash Crops, Plantation Crops, and Horticulture Crops), By Pesticide Type (Fungicides, Herbicides, Insecticides, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Global Trace Minerals in Feed Market Size, Share, and COVID-19 Impact Analysis, By Type (Iron, Zinc, Manganese, Copper, Cobalt, and Chromium), By Livestock (Swine, Ruminants, Poultry, and Aquaculture), By Chelate Type (Amino Acids, Proteinates, and Polysaccharides), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Global Foliar Spray Market Size, Share, and COVID-19 Impact Analysis, By Type (Nitrogenous, Phosphatic, Potassium, and Micronutrients), By Form (Liquid Form and Powder Form), By Application (Horticultural Crops, Field Crops, and Turfs & Ornamentals), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us