
Report ID: SQMIG15C2070
Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the agricultural enzymes market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of agricultural enzymes market across North America, South America, Europe, Asia, the Middle East, and Africa.
North America held the largest share of the agricultural enzymes market. Due to the region's use of advanced farming methods, awareness of agricultural biotechnology, and growing environmental concerns. In North America, farmers continue to grow healthier crops with larger yields thanks to the role that enzymes play in the process. The North American agricultural enzymes industry is dominated by well-known companies including Monsanto Company (US), Stoller USA Inc. (US), BioWorks, Inc. (US), and E. I. du Pont de Nemours and Company (US). The US has strict laws and regulations in place and is heavily involved in the agricultural sector. The United States Department of Agriculture claims that specific regulations have been established for the importing of products made by microbes.
As farmers become more aware of the advantages of employing agricultural enzymes during farming activities, Asia-Pacific is anticipated to see the greatest CAGR during the forecast period.
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agricultural enzymes market was valued at USD 0.429 billion in 2021, and it is expected to reach a value of USD 0.909 billion by 2028, at a CAGR of more than 11.3% over the forecast period (2022–2028).
The rapid population expansion, increased demand for chemical-free goods, and the rise in the requirement for food security are some of the major drivers driving the growth of agricultural enzymes market.
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Report ID: SQMIG15C2070
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