Agricultural Enzymes Market Rising With Growth In New Technology Trends Research By 2025



The global agricultural enzymes market size is expected to reach USD 671.4 million by 2025, according to a new report by Grand View Research, Inc. 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.
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.
Companies are using advanced technology and products for manufacturing the product by saving water and energy. In addition, these products are reducing waste and making the product more sustainable. Some of the major industry participants include Novozymes, Syngenta, BASF, Creative Enzyme, Enzyme India Pvt. Ltd., Aum Enzyme, Cypher Environmental, Afrizymes, Specialty Enzymes & Biotechnologies, and American Biosystems, Inc.
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https://www.grandviewresearch.com/industry-analysis/agricultural-enzymes-market/request/rs4
Some of the major types of enzymes used for soil fertility and crop growth are phosphatases, dehydrogenases, and sulfatases. The market for phosphatases enzymes is expected to grow at the fastest growth rate over the forecast period.
The key market players have developed technologies for producing these enzymes from the microorganism. The microorganism used for production, grow in closed steel tanks, which contain nutrients such as sugar, starch, soy, and corn. These microorganisms increase the crop yields and decrease the use of pesticides in food production. Some of the players also used gene technology for making enzyme more efficient.
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.
The U.S. market demand is expected to grow at an anticipated CAGR of 11.7% over the forecast period. Organic food is being used on a wide scale in the country, on account of growing healthy eating habits among people. According to The Food and Drug Administration (FDA) of the U.S., if the identified biological product problem is not recovered within a time period, the manufacturing of respective product should be stopped. This regulation by FDA for biological or organic product is expected to be a major drawback for the market.
The global phosphatases demand dominated the market in 2016. The market is expected to grow at a CAGR of 12.6% from 2017 to 2025. In soil ecosystems, phosphatases play a major role in phosphorus cycle (P cycle), which correlates to plant growth and P stress (Phosphorus Stress). Phosphatase is an indicator of fertility and it also indicates the phosphorus deficiency in the soil.
Dehydrogenase is an important enzyme used for the biological oxidation of soil. They also indicate microbiological activities in soil. These processes performed by dehydrogenase is related to respiration of microorganisms. In addition, they also indicate any disruption caused by pesticides.
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https://www.grandviewresearch.com/press-release/global-agricultural-enzymes-market
Some of the other agricultural enzymes are beta-glucosidase and urease. Beta-glucosidase is also a soil fertility enzyme, involved in catalyzing the hydrolysis and biodegradation of various other beta-glucosidase present in plant debris and t is used for indicating soil quality.
Urease is used for hydrolyzing urea fertilizers, which are applied to the soil. These enzymes hydrolysis urea into NH3 and CO2 along with a rise in soil pH value. Urease is found in extra & intra-cellular enzymes of both plants and microorganisms. Urease extracted from plants and microorganisms degrade rapidly in soil with the help of proteolytic enzymes
Grand View Research has segmented the global agricultural enzymes market on the basis of type, crop type, product type:
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
Cereals and grains are cultivated almost in all countries this factor is expected to drive agricultural enzymes industry. Enzymes play an important role in the processing of cereals as they enhance the quality and prevents crop diseases. The enzymes added in cereals and grains have the ability to remove bran and germs from the crop.
The increase in health consciousness among consumers owing to the use of chemical in agriculture is altering the taste and preferences towards organic fruits and vegetables. Pesticides used in crop production harm living organisms and also contributes to the degradation of the environment. There are various government regulations for controlling the sale and use of pesticides which is expected to have positive impact on the agriculture industry.
Organic food such as apple, banana, and strawberries consists of medical benefit such as enhancement of immunity, preventing cancer, and reducing inflammation. These factors are projected to drive the agricultural enzymes demand over the forecast period.
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.


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