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Enzymes are biological catalysts generally proteins that increases the rate of the chemical reaction. Agricultural enzymes are chemical agents that speeds up the chemical reaction and releases the nutrients that exist in the soil and make it accessible to plant roots. The industrial developments in the field of agricultural enzymes has improved both the production capacity and utilization of agricultural enzyme such as invent of phytases and silage fermentation.
Agricultural Enzymes have been gradually accepted as they alter the quality of end-product. It assists in humification of plant remains and backs the rooting and sprouting practice in the early expansion phases. This has persuaded the demand for agriculture enzymes and has reinforced the overall global market in the past few years.
The mounting response for organic food and natural food, along with the rising awareness among individuals about unsafe properties of pesticides, has elevated the need for green and naturally sourced agrochemicals over the years. Besides, the increasing government worries over food and environment safety in Asia-Pacific and Latin America have resulted in many severe regulations, such as integrated pest management (IPM). These guidelines are compelling the farmers of various regions to accept bio-based chemicals in place of their conventional chemical counterparts. Organic fruits, such as apples, bananas, and strawberries, have medical benefits, such as enhancement of immunity, preventing cancer, and reducing inflammation. These factors are likely to drive the agricultural enzymes market over the forecast period.
The study analyses global agriculture enzymes market based on type, crop type, product and geography.
Phosphatases, dehydrogenases, proteases, sulfatases and ureases are the various type of agricultural enzymes covered in this study. Phosphatases enzymes support in catalyzing hydrolyses of esters and anhydrides of phosphoric acid, separately from being good pointers of soil fertility. They also play an important role in soil system; the capability to solubilize soil mineral elements by these phosphomonoesteraces is anticipated to be advanced in naturally managed systems, because of a complex amount of organic carbon found in those systems. Such issues drive the phosphatases segment of the agricultural enzymes market.
Dehydrogenase is another principal enzyme used for the biological oxidation of soil. They also specify microbiological behaviors in soil. This procedure performed by dehydrogenase is associated to breathing of microorganisms. In addition, they also indicate any disruption caused by pesticides.
Agriculture enzymes are applied on various crops such as cereals & grains, oilseeds & pulses, fruits & vegetables and turfs & ornamentals. Cereals and grains category embraces a noteworthy share in the agricultural enzymes production, owed to the mounting demand of cereals and grains all over the world.
Rice is the most broadly consumed staple food for the majority part of the global human population, specifically in the Asia-Pacific region. Globally, rice is the second most commonly produced grain, after corn. Asian countries accounted for about 90.5% of the global rice production in 2018.
Fruits and vegetables is another foremost group in the market, due to consumers’ increasing shift toward organic food. Organically manufactures fruits such as banana, apple, strawberries, potatoes, and cabbage have medical benefit, which advances immunity.
Soil fertility products and plant growth improvers are the two types of agricultural enzymes product included in this study. In modern times, decrease in soil fertility has become a serious issue, which is consequential in rising consumption of enzymes for refining the soil fertility. Soil fertility enzymes are key elements for enhancing fertility level of soil and improving response time of crops. Growth enhancing enzymes are used for proper flowering and enhancement of cell division, which contribute to proper growth of plants.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. North America is likely to hold a major share in the global market over the estimated timeframe, followed by the Europe region. The major reason for the domination of North America is due to the growing environmental concerns, alertness about agricultural biotechnology, and use of advance farming technologies are accelerating the growth in the region. The farmers in North America are still producing improved crops with higher yield, where enzymes turn as agriculture enhancers.
Asia Pacific is expected to be growing at the fastest rate, due to the existence of emerging economies such as India and China. China is likely to dominate the Asia Pacific market over the forecast period because of its massive investment in agriculture sector. Globally, the extreme surge in the agricultural land has been in China, over the past few years. The country is significantly spending in chemical free products used in agricultural industry.
Novozymes A/S, Syngenta AG, BASF SE, DowDupont, DSM, Bioworks, Inc., Bayer AG, Camson Bio Technologies Limited, Lonza Group, Chr. Hansen among others are the major players active in the Agriculture Enzymes market.
The study analyses global agriculture enzymes market based on type, crop type, product and geography. Phosphatases, dehydrogenases, proteases, sulfatases and ureases are the various type of agricultural enzymes covered in this study. Phosphatases enzymes support in catalyzing hydrolyses of esters and anhydrides of phosphoric acid, separately from being good pointers of soil fertility. Agriculture enzymes are applied on various crops such as cereals & grains, oilseeds & pulses, fruits & vegetables and turfs & ornamentals. Soil fertility products and plant growth improvers are the two types of agricultural enzymes product included in this study. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World.
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