Amino Acid for Agriculture Market Growth Opportunities Analysis Report 2020-2030

𝐀𝐦𝐢𝐧𝐨 𝐀𝐜𝐢𝐝 𝐟𝐨𝐫 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

In terms of value, the global amino acid for agriculture market is anticipated to expand at a CAGR of 6% from 2020 to 2030 and reach US$ 1 Bn by 2030. Asia Pacific dominated the global amino acid for agriculture market in terms of volume in 2019. It is estimated to be the leading region of the global amino acid for agriculture market during the forecast period. The growth of the agriculture industry is projected to offer lucrative opportunities for amino acids in near future. This is estimated to boost the global amino acid for agriculture market in the near future.

𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 - https://www.transparencymarketresearch.com/amino-acid-for-agriculture-market.html

𝐀𝐦𝐢𝐧𝐨 𝐀𝐜𝐢𝐝 𝐟𝐨𝐫 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬

The expansion of the organic food industry, which represents just 1.2% of the world's farmland, is a key factor driving the global amino acid for agriculture market. The production of eco-friendly crops is essential in the current scenario. Amino acids are non-toxic and eco-friendly. They play an important role in the development of sustainable agricultural products. Amino acids also offer excellent performance efficiency in terms of crop yield and crop protection. They are effective alternatives to chemical-based agricultural products. This is anticipated to drive the global amino acid for agriculture market in the near future. Biostimulants such as amino acids are expected to contribute significantly to the rising demand for sustainable agriculture during the forecast period. According to a research conducted by the European Biostimulant Industry Council (EBIC), the use of biostimulants along with fertilizers is anticipated to increase fertilizer efficiency by minimum 5% (may rise as high as 25%). Furthermore, savings of 10% to 15% over the use of pesticides have been registered after using biostimulants. Hence, rise in adoption of biostimulants, owing to its various advantages, is estimated to boost the global amino acid for agriculture market.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=81326

Biostimulants such as amino acid for agriculture can alter the hormonal status of a plant and exert significant influence over its overall growth and vigor. Biostimulants help regenerate crop foliage damaged by pesticides, frost, or storm. They foster growth and development of plants throughout the crop lifecycle (from seed germination to plant maturity). Thus, usage of biostimulants such as amino acid for agriculture is likely to be an eco-friendly solution to promote the agricultural yield. The time required to obtain end-results with biostimulants is much higher than that with traditional agrochemicals. Biostimulants cannot be employed in applications that require immediate results. Therefore, popularity of a broad range of traditional agrochemical products is negatively impacting the penetration of amino acid for agriculture products sector in plant growth and crop protection applications. Thus, reluctance in adoption of advanced products among farmers is a major restraint of the global amino acid for agriculture market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=81326

𝐀𝐦𝐢𝐧𝐨 𝐀𝐜𝐢𝐝 𝐟𝐨𝐫 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬

Based on product, the glutamic acid segment held a major share of the global amino acid for agriculture market in 2019. This trend is anticipated to continue during the forecast period. Glutamic acid occupies a central position in amino acid metabolism in plants. It plays a fundamental role in the process of formation of vegetative tissue and chlorophyll synthesis in plants. It also improves photosynthetic activity in plants and is an effective chelating agent. This is anticipated to augment the glutamic acid segment of the global amino acid for agriculture market. Based on source, the animal-based segment constituted a large share of the global amino acid for agriculture market in 2019. This trend is estimated to continue during the forecast period. On the other hand, the plant-based segment of the global amino acid for agriculture market is projected to expand at a rapid pace during the forecast period.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=81326

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐨𝐟 𝐀𝐦𝐢𝐧𝐨 𝐀𝐜𝐢𝐝 𝐟𝐨𝐫 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

Key manufacturers operating in the global amino acid for agriculture market include SICIT Group S.p.A., Jiloca Industrial, S.A., Futureco Bioscience S.A., Union Chemicals Co. LLC, Chaitanya Biologicals Pvt. Ltd., and ADLER AGRO.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐁𝐢𝐨𝐟𝐮𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.prnewswire.com/news-releases/biofuel-market-to-gain-value-of-us-331-81-bn-by-2031-tmr-study-301669959.html

𝐏𝐨𝐰𝐞𝐫 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.accesswire.com/723256/Asia-and-Australia-Power-Distribution-Component-Market-Size-to-Attain-Valuation-of-US-6-Bn-by-2030-TMR-Study

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭

Nikhil Sawlani
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