Agricultural Enzymes Market: Projection of Each Major Segment over the Forecast Period

The increase in the consumption of organic food has been a major driving factor for the global industry growth. In addition, the rising usage of bio-products in the agricultural industry is also anticipated to be a major boost for the market.

The Global Agricultural Enzymes Market is expected to reach USD 671.4 million by 2025, according to a new report by 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.

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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.

Top Players of Agricultural Enzymes Market:

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.

Market Segmentation of Agricultural Enzymes Market:

The Global Agricultural Enzymes Market segmented on the basis of Type, Crop Type, Product Type and Region.

By Type:

    Phosphatases
    Dehydrogenases
    Sulfatases

By Crop Type:

    Cereals & Grains
    Oilseeds & Pulses
    Fruits & Vegetables
    Turf & Ornamentals

By Product Type:

    Fertility Products
    Growth Enhancing Products
    Control Products

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Agricultural Enzymes Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1841

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