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Africa Agricultural Enzymes Market - Forecasts, Trends and Market Shares (2020 - 2025)

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Market Insights

The African agricultural enzymes industry is expected to grow at a CAGR of 6.2% over 2017-2022. Agricultural enzymes act as biological catalysts and find extensive use in agriculture-based biological procedures like – processing of crop and crop residues, silage fermentation and bioprocessing of fibers. They are also popularly employed in animal feed and supplement products.

Market Dynamics

The rising popularity of organic agriculture, increasing focus on agriculture biotechnology and awareness on environment-friendly agriculture practices are driving the regional agricultural enzymes market. Most of the agricultural enzymes application demand comes from crop processing and animal feed additives manufacturing industries. Cost-effective production and application of enzymes also form major reasons for growth in the price sensitive markets. High R&D costs and unclear regulations may create obstacles for the market.

Market Segmentation

On the basis of product types, the market is segmented into carbohydrases, proteases, lipases, polymerases and nucleases; carbohydrases is the most popular with varied applications, followed by proteases and lipases. The application is by crop protection, fertility and growth enhancing products. Enzyme-based pesticides and fertilizers help farmers to enjoy healthier crops and higher yields; direct application into the field acts as agriculture input enhancers. Crop type application includes cereals, grains, fruits, vegetables, oilseeds, and pulses.

South Africa is expected to see the fastest growth in terms of regional demand. Though the market size is small in countries like Egypt, they would grow positively.

Key Industry Players

Many North American players are actively involved in the agricultural enzymes market of Africa as a strategic move.

Some of the major players active in the regional market are:

  • Bioworks Inc.
  • Adisseo France
  • Novozymes A/S
  • Syngenta AG
  • Advanced Enzyme Technologies

Increasing investment in product innovation and development has been the major long-term strategy for the players in the recent past.

Key Deliverables in the Study

  • Market analysis for the Africa agricultural enzymes market, with region specific assessments and competition analysis on national and regional scales.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a national and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market shares.
  • Identification and analysis of the macro and micro factors that affect the Africa agricultural enzymes market on both national and regional scales.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights into the major countries/regions in which this industry is growing and identifying the regions still untapped.

1. Introduction

1.1 Research Methodology

1.2 Definition of the Market

1.3 Report Description

2. Key Findings of the Study

3. Market Overview

3.1 Drivers

3.1.1 Popularity of Organic Food Consumption

3.1.2 Cost Efficient Application

3.2 Constraints

3.2.1 Regulatory Constraints and Enzyme Safety

3.3 Opportunities

3.3.1 Rising Consumer Awareness

3.3.2 Adoption of Modern Farming Practices and Sustainability

3.4 Porter's Five Forces Analysis

3.4.1 Bargaining Power of Suppliers

3.4.2 Bargaining Power of Buyers

3.4.3 Threat of New Entrants

3.4.4 Threat of Substitute Products and Services

3.4.5 Degree of Competition

4. Market Segmentation

4.1 By Type

4.1.1 Carbohydrases

4.1.2 Proteases

4.1.3 Lipases

4.1.4 Polymerases & Nucleases

4.2 By Application

4.2.1 Crop Protection

4.2.2 Fertility

4.2.3 Plant Growth Regulation

4.3 By Crop Type

4.3.1 Grains & Cereals

4.3.2 Oil Seeds and Pulses

4.3.3 Fruits & Vegetables

4.4 By Geography

4.4.1 Africa

4.4.1.1 Egypt

4.4.1.2 South Africa

 4.4.1.3 Others

5. Competitive Landscape         

5.1 Mergers & Acquisitions

5.2 Joint Ventures

5.3 New Product Launches

5.4 Most Active Companies in the Past Five Years

5.5 Market Share Analysis

6. Company Profiles    

6.1 Asahi Kasei Pharma

6.2 BASF

6.3 Adisseo France

6.4 Camson Bio Technologies Ltd.

 6.5 Buckman Laboratories

6.6 Bioworks Inc.

6.7 Advanced Enzyme Technologies

6.8 Syngenta AG

6.9 Deepak Fertilizers and Petrochemicals Corporation Ltd.

6.10 Agri-Life

6.11 Agrinos Inc.

6.12 Aries Agro Ltd.

6.13 Novozymes A/S

6.14 Stoller Inc.

6.15 Chr. Hansen

6.16 American Biosystems

6.17 Guangdong VTR Bio-Tech

6.18 Life Technologies

6.19 Roche Holding

6.20 Maps Enzymes

6.21 AB Enzymes

6.22 ABF

7. Appendix

 

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