Thumbnail

Agricultural Enzymes Market - North America Industry Growth, Forecasts, Trends, and Market Share (2020 - 2025)

Looking to buy the report?

The North America agricultural enzymes industry is expected to grow at a CAGR of 3.1% 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 North America agricultural enzymes industry is driven by increasing crop processing demand, amplified focus on agriculture biotechnology and on environment-friendly agriculture practices. Product and technological innovations have led to substantial growth of the market here. Increasing effort and investment in research and adoption of various modern farming practices hold opportunities for the industry. Enzyme quality concern and stringent regulations may create obstacles.

Market Segmentation

On the basis of product types, the market is segmented into carbohydrases, proteases, lipases, polymerases and nucleases. 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.

North America is one of the primary consumers of agricultural enzymes in the world. The United States, with its highly evolved agricultural industry and strict environmental regulations, forms the major market for agricultural enzymes. Canada and Mexico are the other two important markets in the region.

Key Industry Players

Major North American Agricultural Enzyme companies are:

  • Bioworks Inc.
  • Camson Bio Technologies Ltd.
  • Novozymes A/S
  • Stoller Inc.

Increasing investment in product innovation and development has been the major long-term strategy for the players in the recent past. Research and development both at government and private level would help the market grow economically.

Key Deliverables in the Study

  • Market analysis for the North America 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 North America 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.

Looking to buy the report?

Want some specific customizations?

Our clients include:

prev-arrow
next-arrow

Looking to Customize Report?

Please Enter Email ID

Please Enter Message