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The global agricultural enzymes market is projected to grow at a CAGR of 11.2% to reach USD 474.7 million by 2022 in terms of value. The agricultural enzymes market is growing rapidly owing to factors such as cost savings and increasing demand for biofertilizers. The trend towards sustainable industrial agriculture has created opportunities for agricultural enzyme manufacturers to generate significant revenues by developing enhanced and high-quality products for customers.<br><br>Read more: https://www.marketsandmarkets.com/Market-Reports/agricultural-enzymes-market-180483493.html
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MarketsandMarkets™ Presents Agricultural Enzymes Market- Global Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/agricultural-enzymes-market-180483493.html
The report "Agricultural Enzymes Market by Type (Phosphatases, Dehydrogenases, Sulfatases), Product Type (Fertility Products, Growth Enhancing Products), Crop Type (Cereals & Grains, Oilseeds & Pulses, Turf & Ornamentals), and Region - Global Forecast to 2022", • The global agricultural enzymes market is projected to grow at a CAGR of 11.2% to reach USD 474.7 million by 2022 in terms of value. The agricultural enzymes market is growing rapidly owing to factors such as cost savings and increasing demand for biofertilizers. The trend towards sustainable industrial agriculture has created opportunities for agricultural enzyme manufacturers to generate significant revenues by developing enhanced and high-quality products for customers. • Browse 75 market data tables and 75 figures spread through 153 pages and in-depth TOC on "Agricultural Enzymes Market by Type (Phosphatases, Dehydrogenases, Sulfatases), Product Type (Fertility Products, Growth Enhancing Products), Crop Type (Cereals & Grains, Oilseeds & Pulses, Turf & Ornamentals), and Region - Global Forecast to 2022“ • The years considered for the study are as follows: • Base year – 2016 • Estimated year – 2017 • Projected year – 2022 • Forecast period – 2017 to 2022 • Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=180483493
The objectives of the report are as follows: • To define, segment, and measure the agricultural enzymes market with respect to its type, crop type, product, and region • To provide detailed information regarding the crucial factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) • To analyze opportunities in the market for stakeholders and details of the competitive landscape for market leaders • Analyzing the demand-side factors based on the impact of macro and microeconomic factors on the market and shifts in demand patterns across different subsegments and regions. • Target Audience • The stakeholders for the report are as follows: • Agricultural enzyme producers and suppliers • Agricultural enzyme raw material suppliers • Agricultural enzyme traders, distributors, importers, and exporters • Commercial research & development (R&D) institutions • Government research organizations • Industry associations and government and intergovernmental authorities such as Enzyme Technical Association (U.S.), Food and Agriculture Organization (FAO), The Organization for Economic Co-operation and Development (OECD), and the U.S. Department of Agriculture (USDA) • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=180483493
The cereals & grains segment, by crop type, is projected to dominate the agricultural enzymes market through 2022. Cereals & grains are the staple diet in several developing countries, especially for the lower-income and rural population. Urbanization is one of the main factors affecting the demand for cereals & grains because of different lifestyles, calorie requirements, rise in income, and change in food requirements. Agricultural enzymes are used for most cereal crops to enhance the yield as they fertilize the soil and enhance plant growth. The global demand for agricultural enzymes is also expected to increase as cereals are grown in almost all countries. Phosphatases segment dominated the agricultural enzymes market in 2016 The phosphatases segment accounted for the largest share in 2016. Phosphatases are a broad group of enzymes that are capable of catalyzing hydrolysis of esters and anhydrides of phosphoric acid and play a vital role in soil systems. It has the ability to solubilize soil mineral elements. Fertility segment accounted for the largest market share in 2016 The fertility products segment is projected to grow at the highest rate during the forecast period followed by growth enhancing products. Soil fertility products containing soil enzymes such as proteases, dehydrogenases, ureases, sulfatases, and amylases are important in catalyzing several vital reactions necessary for the life processes of micro-organisms in soils and the stabilization of soil structure. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=180483493
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