Press release
Agricultural Enzymes Market To Be Driven By Rising Consumption Of Organic Food Till 2025: Grand View Research, Inc.
Agricultural enzymes are biodegradable proteins used for enhancing the crop growth. Some of its other major application are crop protection against insects, pest & diseases, enhancing soil fertility, and decomposition of agricultural wastes. Such inherent advantages of the product are expected to benefit the market.
Cereals & grains crop type is anticipated to have the fastest growth rate over the next eight years. It is estimated to grow at a CAGR of 12.4% from 2017 to 2025. The enzymes added in cereals and grains have the ability to remove bran and germs from the crop. Exogenous is one such enzyme which provides an aid to maintain the quality of harvest and facilitate nutrient loss prevention. These factors are projected to propel the cereals & grains segment growth over the next eight years.
Browse full research report on Global Agricultural Enzymes Market: (http://www.grandviewresearch.com/industry-analysis/agricultural-enzymes-market?utm_source=pressrelease&utm_medium=referral&utm_campaign=openpr_Aug&utm_content=content)
Further key findings from the report suggest:
• The global agricultural enzymes market was valued at USD 246.9 million in 2016 and is expected to grow at a CAGR of 11.8% from 2017 to 2025
• Crop fertility was the largest product type segment in 2016 and is anticipated to hold over 40% of the market by 2025. Agriculture enzymes present in the soil are used as the index of soil fertility, owing to the fact that they are sensitive and respond to the soil management hastily than soil variables.
• Growing population across the globe coupled with pressure for increasing productivity in agricultural industry is favoring the segment growth
• Phosphatases were the largest enzyme type segment in 2016. It is produced by many organisms present in the soil and has the ability to solubilize soil mineral elements. Owing to aforementioned properties it is expected to follow the same trend.
• North America was the largest market with over 31% of the market share in 2016. The demand in the region is rising owing to growing demand for food processing and high focus on biotechnology.
• Asia Pacific is expected to be the fastest-growing region over the forecast period. Increasing investment in the research and development activities in the nation towards diverse farming practice is expected to drive the industry.
• Major industry participants include Novozymes, Syngenta, BASF, Creative Enzymes, Afrizymes, Specialty Enzymes & Biotechnologies, American Biosystems, Inc, Cypher Environmental, Aum Enzymes and Enzymes India Pvt. Ltd.
Browse more reports of this category by Grand View Research: (http://www.grandviewresearch.com/industry/catalysts-and-enzymes)
Grand View Research has segmented the global agricultural enzymes market on the basis of type, crop type, product type and region:
Agricultural Enzymes Enzyme Type Outlook (Revenue, USD Million; 2014 - 2025)
• Phosphatases
• Dehydrogenases
• Sulfatases
• Others
Agricultural Enzymes Crop Type Outlook (Revenue, USD Million; 2014 - 2025)
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Turf & Ornamentals
• Others
Agricultural Enzymes Product Type Outlook (Revenue, USD Million; 2014 - 2025)
• Fertility Products
• Growth Enhancing Products
• Control Products
Agricultural Enzymes Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o U.K
• Asia Pacific
o China
o India
• Central & South America
o Brazil
• Middle East & Africa
For more information: www.grandviewresearch.com
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Press Contact
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Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
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