Global agricultural enzymes market is expected to witness high growth on account of rising crop production levels owing to increasing population Agricultural enzymes helps in accelerating chemical reactions and other reactions which doesn’t occur naturally such as fibers bio-processing. They are biological catalyst type used in crop processing, fibers bio processing and crop residue processing. Agricultural enzymes are derived from various sources such as animal tissues, microbes and plant tissues. They are also used for enhancing crop growth, increase fertility and provide crop protection. Agricultural enzymes constrain pests, insects and fungus growth which are expected to surge the global agricultural enzymes market growth over the forecast period. Variation in rules and regulations among different countries is anticipated to obstruct agricultural enzymes market across the globe over the forecast period.
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Global agricultural enzymes market is segmented on the basis of application, product and crop type. Application segment is sub segmented into control products, fertility products and growth enhancing products. Product segment is categorized as polymerases & nucleases, proteases, carbohydrases and lipases. Crop type segment is sub segmented on the basis of different crops including oilseeds & pulses, cereals & grains and fruits & vegetables.
North America was dominating global agricultural enzymes market share and is expected to follow this trend over the forecast period on account of growing agricultural activities and increasing crop protection. North America agricultural enzymes market is expected to be followed by Asia Pacific and Europe. Asia pacific is expected to further emerge as fastest growing region dominated by China on account of increasing population, growing agricultural enzymes preference over chemicals and government incentives in the region. African government initiatives for development in agricultural development are further anticipated to propel the overall agricultural enzymes market over the forecast period.
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Global agricultural enzymes market is highly fragmented on account of huge regional players in the global environment. Key agriculture enzymes market players include New England Biolabs, Camson Bio Technologies Ltd., Specialty Enzymes & Biotechnologies, Syngenta AGand Aries Agro Ltd., Agrinos, Inc., Asahi Kasei Pharma, MP Biomedicals, Camson Bio Technologies Ltd., Bioworks Inc., Enzymatic Deinking Technologies., Buckman Laboratories, Hayashibara, Advanced Enzyme Technologies, MP Biomedicals, Specialty Enzymes & Biotechnologies, Deepak Fertilizers and Petrochemicals Corporation Ltd., Greenmax Agro Tech, Syngenta AGand Aries Agro Ltd and Agri Life.
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