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2019 Update: Agricultural Enzymes Market Global Statistics and Forecast till 2025 | Key Players are DuPont, BioWorks, Agrinos AS., Bayer, American Biosytems
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Agricultural Enzymes Market, By Type, 2014-2025 (USD Million)
1. Phosphatases
2. Dehydrogenases
3. Proteases
4. Sulfatases
5. Others
Agricultural Enzymes Market, By Application, 2014-2025 (USD Million)
1. Cereals and grains
2. Oilseeds and pulses
3. Fruits & vegetables
4. Turf and ornamentals
5. Others
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Global agricultural enzymes market is segmented based on product type which includes phosphatases, dehydrogenases, proteases, sulfatases and others. Methylene chloride is also known as dichloromethane. Dehydrogenase is the major enzyme used in agricultural operations. This enzyme is used in the soil for biological oxidation and it also indicates microbiological activities in the soil. Moreover, beta-glucosidase also acts as a soil fertility enzyme and is involved in the catalysis and hydrolysis of several other bets glucosidase which are present in plant. On the other hand, urease is generally used for hydrolysis of urea fertilizers that are applied in soil. This category of enzymes hydrolyzes urea into C02 and NH3 resulting in a rise in pH value of soil.
North America captures a major chunk in the global agricultural enzymes market and is expected to dominate the consumption landscape in the upcoming years attributed to its flourishing agricultural undertakings and enhanced crop protection initiatives. North America also constitutes various key players of the market who are investing heavily in technological advancements. Countries such as the U.S. has been witnessing a large investment in technology to manufacture chemical free enzymes.
Global agricultural enzymes market has a strong competitive rivalry supported by presence of various well-established brands in the market. Some of the key market players are BASF., DuPont, BioWorks, Agrinos AS., Bayer, American Biosytems, etc.
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