Global Agricultural Enzymes Market
The global Agricultural Enzymes market was valued at USD 253.6 million in 2016 and is projected to reach USD 648.8 million by 2025, growing at a CAGR of 11.0% from 2017 to 2025.
Agricultural Enzymes are bioactive proteins which are used instead of chemicals for protection and food production. The growing trend of organic farming is expected to boost the demand for agricultural enzymes. The growing population and rising disposable incomes has resulted in increased food consumption owing to which the demand for these products is expected to remain high over the forecast period.
1. Market Drivers
1.1 Growing economic activities
1.2 Climate change
2. Market Restraints
2.1 Absence of uniform guidelines
2.2 Operating constraints
The global Insecticide Seed Treatment market is segmented on the type, crop type, product type, and region.
1. By Type:
2. By Crop Type:
2.1 Grains and Cereals
2.2 Pulses and Oilseeds
2.3 Vegetables and Fruits
2.4 Ornamentals and Turfs
3. By Product Type:
3.1 Soil Fertility Products
3.2 Growth Enhancing Products
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Camson Bio Technologies Limited
2. Novozymes A/S
3. Aries Agro Limited
4. Syngenta AG
5. Deepak Fertilisers and Petrochemicals Corporation Limited
7. AB Enzymes
8. Agrinos AS
9. EI DuPont De Nemours
10. Stoller USA
11. Koninklijke DSM NV
12. Bioworks Inc.
13. Bayer Cropscience
14. Agri Life
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Agricultural Enzymesmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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