Global Agricultural Enzymes Market By Enzyme Type (Phosphatases, Sulfatases, Dehydrogenases and Other Enzyme Types), By Crop Type (Turf & Ornamentals, Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, and Other Crop Types), By Product Type (Growth Enhancing Products, Fertility Products and Control Products), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Agricultural Enzymes Market Overview:

In 2021, the global market for agricultural enzymes was worth USD 427.94 million. It is estimated to register a CAGR of 10.73% during the forecast period from 2022 to 2032.

Market growth is expected to be driven by rising demand for organic food and various competitive strategies employed by key industry players.

Global Agricultural Enzymes Market Analysis:

Enzyme Type Analysis

In 2021, the global demand for phosphatases dominated the market. From 2021 to 2032, the market is expected to grow at an 11.2% CAGR. Phosphatases play an important role in soil ecosystems. This correlates with plant growth and P stress (Phosphorus Stress). The soil’s phosphorus level can also be measured by phosphatase.

Dehydrogenase, an enzyme that is essential for soil biological oxidation, is important. These enzymes also indicate soil microbiological activities. These dehydrogenase processes are linked to microorganisms’ respiration. They also indicate any pesticide-related disruptions.

Beta-glucosidase is another agricultural enzyme. Urease is also one. Beta-glucosidase, which is also used to indicate soil quality, is also an enzyme that is involved in soil fertility. It is responsible for catalyzing the biodegradation and hydrolysis of other beta-glucosidase found in plant debris.

Hydrolyzing urea fertilizers is done with urease. These fertilizers are then applied to the soil. These enzymes convert urea to NH3 or CO2 and increase soil pH. Extra and intracellular enzymes in plants and microorganisms both contain urease. With the help of proteolytic enzymes, urease from plants and microorganisms can be rapidly degraded in soil.

Crop Type Analysis

Nearly all countries have a cereal or grain crop. This will drive demand for agricultural enzymes. The processing of cereals is a major part of enzymes’ role as they improve the quality and prevent the spread of crop diseases. Enzymes added to cereals or grains can remove germs and bran from the crop.
Consumers are becoming more conscious of their health and prefer organic produce. Pesticides are harmful to live organisms, and can also cause damage to the environment. The government has established regulations to control the sale and usage of pesticides. This is expected to have positive effects on the agricultural industry.

The medical benefits of organic food, such as strawberries, bananas, or apples, include enhancing immunity, preventing cancer, and reducing inflammation. These factors will drive demand for agricultural enzymes during the forecast period.

Due to the growing demand for vegetable oil and biofuel, the oilseeds and pulses market is expected to see a rise in production. This segment is expected to grow due to increased consumption of oilseeds in palm kernel, cottonseed, and rapeseed.

Product Type Analysis

Market for fertility products is expected to grow at 11.6% CAGR over the forecast period. The soil is the main source of nutrients for plants. It helps in biological processes and protects groundwater and plants. The main indicator of fertility is soil enzymes. They respond to climate changes, industrial waste and agricultural chemicals.

Growth-enhancing products, when applied to crops, can cause proper flowering and cell division which contributes to plant growth. The segment growth is expected to be assisted by such factors.
Pests and rodents are a major concern for farmers around the world. Pesticides can be used to reduce the damage caused by pests. The overall crop production has been affected by the loss of arable land.
Pesticides can be used to increase crop productivity and decrease pest losses.

To reduce harmful microorganisms like soil-borne or pathogenic fungi, control products are used. This activity improves soil structure and water infiltration.

Key Market Segments:

By Enzyme Type

• Phosphatases
• Sulfatases
• Dehydrogenases
• Other Enzyme Types

By Crop Type

• Turf & Ornamentals
• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses
• Other Crop Types

By Product Type

• Growth Enhancing Products
• Fertility Products
• Control Products

Market Dynamics:

Agricultural enzymes can be used in place of chemical food protection and production. They can also be used to increase crop fertility and protect against many pests & diseases. These factors increase crop efficiency and boost crop growth. Market growth will also be driven by the growing population and increasing disposable income in the developing world.

The main types of enzymes that are used to improve soil fertility and crop growth: are phosphatases and dehydrogenases. Over the forecast period, the market for phosphatase inhibitors will grow at the fastest rate.

The production microorganisms are grown in steel tanks that contain nutrients like starch, sugar, and corn. These microorganisms can increase crop yields while reducing pesticide use in food production. Gene technology was also used by some of these players to make the enzyme more efficient.

Over the forecast period, U.S. market demand will grow at an expected CAGR of 10.9%. Because of the growing health and dietary habits, organic food is increasingly being used in the country. The Food and Drug Administration (FDA), the U.S. states that if a biological product problem is not resolved within a specified time, then the product’s manufacturing should be stopped. The FDA’s regulation of biological and organic products will be a significant problem for the market.

Regional Analysis:

In 2021, North America was the dominant market for global agricultural enzymes accounting for a revenue share of 33%. It is expected that it will continue to dominate the market over the forecast period. Europe and North America are mature markets due to their large number of key players and significant investment in technology. Mexico and the U.S. are investing hugely in technology to create chemical-free products for agriculture. These are the main factors that will drive the region’s growth in the agricultural enzymes industry.

The Asia Pacific is the fastest-growing region due to the presence in the region of developing economies like India and China. China will be the largest market during the forecast period due to its large investment in agriculture. The country with the highest increase in agricultural land globally has been China over the last few years. The country is investing heavily in chemical-free products for the agricultural sector.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Global industry is marked by industry players who adopt different competitive strategies to increase market share. New microbial products have been developed by companies for agriculture. They can be used to grow crops in a sustainable manner. Novozymes and Monsanto have formed the BioAg Alliance to help develop and market microbial solutions that can improve crop yield. The alliance is beneficial to agriculture, the environment, and the consumer.

Advanced technology is being used by companies to make their product more sustainable and save water and energy. These products also reduce waste and make the product more sustainable.

Маrkеt Кеу Рlауеrѕ:

• Novozymes
• Syngenta
• BASF
• Creative Enzyme
• Enzyme India Pvt. Ltd.
• Aum Enzyme
• Cypher Environmental
• Afrizymes
• Other Key Players

For the Agricultural Enzymes Market research study, the following years have been considered to estimate the market size: