Agricultural Enzymes Market Trends

  • Report ID: 259
  • Published Date: Sep 04, 2024
  • Report Format: PDF, PPT

Agricultural Enzymes Market Trends

Growth Drivers

  • Increasing Awareness for Organic Methods of Growing Crops
  • Developing Agriculture Sectors Worldwide
  • Growing Tendency Towards Agro-Biologicals on Account of Higher Prices of Agro-Chemicals

Challenges

  • Availability of Alternative Products

Agricultural Enzymes Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

8.8%

Base Year Market Size (2023)

USD 547.1 million

Forecast Year Market Size (2036)

USD 1.63 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 259
  • Published Date: Sep 04, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of agricultural enzymes is estimated at USD 585.62 million.

Agricultural Enzymes Market size was over USD 547.1 million in 2023 and is anticipated to reach USD 1.63 billion by 2036, growing at around 8.8% CAGR during the forecast period i.e., between 2024-2036. Increasing awareness of organic methods of growing crops, and developing agriculture sectors worldwide will impel the market growth.

North America is poised to dominate majority revenue share by 2036, on the back of availability of the larger farms for cultivation.

The major players in the market are Adisseo Group, Soufflet Group, GreenMax AgroTech, BioResource International, Inc., Specialty Enzymes & Probiotics, Agrinos India Pvt. Ltd., Hayashibara Co., Ltd, Bioworks Inc, and Stoller USA, Inc.
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