Increase in Trend of Organic Farming and Demand for Organic Food Drive Agricultural Enzymes Market
The major factors that are expected to be driving the inclination toward agro-biologicals due to rise in prices of agro-chemicals, growth in organic farming and demand for organic food, and increase in production yield from limited arable land.
(EMAILWIRE.COM, January 30, 2020 ) The agricultural enzymes market is experiencing growth in the European region which is one of the major consumers of the agricultural enzymes market. In Europe, enzymes and micro-organisms are used to make bio-based products for agriculture with the help of biotechnology. This has resulted in the overall growth of the agricultural enzymes market. The North American market accounted for the largest share in 2016 owing to factors such as increasing concerns about the environment, awareness about agricultural biotechnology, and application of advanced farming technologies.
Key players identified in the agricultural enzymes market include:
• Novozymes A/S (Novozymes BioAg) (Denmark)
• Syngenta AG (Switzerland)
• E. I. du Pont de Nemours and Company (U.S.)
• Koninklijke DSM N.V. (Netherlands)
• BASF SE (Germany)
• Bayer AG (Germany)
• Agrinos AS (Norway)
• Stoller USA, Inc. (U.S.)
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Enzymes are also present in the soil, which are mainly secreted by the microbes in the plant root and are used in a wide range of other agro-biotechnological processes, such as enzyme-assisted silage fermentation, bioprocessing of crops and crop residues, fiber processing, and production of feed supplements to improve feed efficiency. The agricultural enzymes market is growing rapidly with the increasing demand from the agricultural sector to optimize yield.
The agricultural enzymes market is segmented on the basis of crop type into cereals & grains, oilseeds & pulses, fruits & vegetables, and turf & ornamentals. The cereals & grains segment is projected to grow at the highest CAGR from 2017 to 2022. Agricultural enzymes are used for most cereal crops to enhance yield as they fertilize the soil and enhance plant growth. The turf & ornamentals segment accounted for the largest share in the North American market in 2016.
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Based on by type, the agricultural enzymes market is segmented into phosphatases, dehydrogenases, proteases, sulfatases, and others (beta-glucosidase, cellulases, and urease). The phosphatases segment is projected to grow at the highest CAGR during the forecast period. Phosphatase enzymes play a key role in the soil system and are capable of catalyzing hydrolysis of esters and anhydrides of phosphoric acid.
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Key players identified in the agricultural enzymes market include:
• Novozymes A/S (Novozymes BioAg) (Denmark)
• Syngenta AG (Switzerland)
• E. I. du Pont de Nemours and Company (U.S.)
• Koninklijke DSM N.V. (Netherlands)
• BASF SE (Germany)
• Bayer AG (Germany)
• Agrinos AS (Norway)
• Stoller USA, Inc. (U.S.)
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=180483493
Enzymes are also present in the soil, which are mainly secreted by the microbes in the plant root and are used in a wide range of other agro-biotechnological processes, such as enzyme-assisted silage fermentation, bioprocessing of crops and crop residues, fiber processing, and production of feed supplements to improve feed efficiency. The agricultural enzymes market is growing rapidly with the increasing demand from the agricultural sector to optimize yield.
The agricultural enzymes market is segmented on the basis of crop type into cereals & grains, oilseeds & pulses, fruits & vegetables, and turf & ornamentals. The cereals & grains segment is projected to grow at the highest CAGR from 2017 to 2022. Agricultural enzymes are used for most cereal crops to enhance yield as they fertilize the soil and enhance plant growth. The turf & ornamentals segment accounted for the largest share in the North American market in 2016.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=180483493
Based on by type, the agricultural enzymes market is segmented into phosphatases, dehydrogenases, proteases, sulfatases, and others (beta-glucosidase, cellulases, and urease). The phosphatases segment is projected to grow at the highest CAGR during the forecast period. Phosphatase enzymes play a key role in the soil system and are capable of catalyzing hydrolysis of esters and anhydrides of phosphoric acid.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results