The global agricultural enzymes market is anticipated to grow at a considerable CAGR of 8.25% during the forecast period. The increasing government support for sustainable agriculture practices is a key driver for the growth of the market. For example the US government provides support for the use of agricultural enzymes through its Sustainable Agriculture Research and Education (SARE) program. SARE is a competitive grant program that supports research, education, and extension projects that promote sustainable agriculture practices. In 2022, SARE awarded a grant to a team of researchers at the University of California, Davis to study the use of agricultural enzymes to improve the efficiency of nutrient uptake in crops. The researchers are developing new agricultural enzyme products that are specifically designed to help crops absorb more nutrients from the soil.
The Indian government is promoting the use of agricultural enzymes through its National Mission on Sustainable Agriculture. This program provides subsidies to farmers for the purchase of agricultural enzymes, as well as other financial assistance. In recent years the Indian government allocated INR 100 crore (approximately US$13 million) to the National Mission on Sustainable Agriculture. This funding will be used to support a variety of sustainable agriculture practices, including the use of agricultural enzymes.
The European Union is also promoting the use of agricultural enzymes through its Common Agricultural Policy (CAP). The CAP provides income support. A new CAP reform cuts the link between subsidies and production. Farmers now receive an income support, on condition that they look after the farmland and fulfil food safety, environmental, animal health and welfare standards.
To Request a Sample of our Report on Agricultural Enzymes Market: https://www.omrglobal.com/request-sample/agricultural-enzymes-market
Market Coverage
The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Enzyme type
By Crop Type
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape includes BASF SE, Corteva Agriscience, DSM, DuPont de Nemours, Inc., and Novozymes among others.
Agricultural Enzymes Market Report Segment
By Enzyme type
Proteases
Amylases
Lipases
Cellulases
Dehydrogenases
Others (Phosphatases, Ureases)
By Crop Type
Cereals and grains
Oilseeds and pulses
Fruits and vegetables
Turf and ornamentals
Others (Legumes, Forage crops)
A full Report of Agricultural Enzymes Market is Available @ https://www.omrglobal.com/industry-reports/agricultural-enzymes-market
Company Profiles
AB Enzymes GmbH
Aries Agro Ltd.
Ashland Inc.
Bayer AG
BioResource International, Inc.
Hansen
Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL)
Dyadic International, Inc.
Enzyme Development Corp.
Evonik Industries AG
Kerry Group plc
Lonza
Meihua biotechnology group Co.,Ltd
Nagase & Co., Ltd
Syngenta Crop Protection AG
Reasons to buy from us –
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/agricultural-enzymes-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email:
[email protected]
Contact no: +91 7803040404