Market Size of North America Agricultural Enzymes Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 10.40 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Agricultural Enzymes Market Analysis
The North America Agricultural Enzymes Market is projected to register a CAGR of10.4 % during the forecast period(2020-2025). The rising consumer demand for chemical-free food products especially from the millennials who are seeking the sustainable option coupled with modern sustainable farming practices such as precision farming, organic farming has created a huge impact on the agricultural enzymes market. In the market studied cereals and grains segments dominate the market owing to the higher organic production which is driven by its wider application in various industries. In 2019, the Organic Trade Association started a project "Organic Agronomy Training Series (OATS)" to promote and educate the producer regarding organic farming practice. Elemental Enzymes, Novozymes, Agrinos, American Biosystems Inc, Agrinos, Stoller USA, and INFINITE ENZYMES, LLC are some of the key players in the market.