The phosphatases market is likely to reach USD 120.3 million by 2028 and is expected to expand at a compound annual growth rate of 10.10% over the forecast period of 2021 to 2028. The increase in health consciousness among consumers owing to the use of chemicals in agriculture is the factor for the phosphatases market in the forecast period of 2021 to 2028.
Phosphatases are the type of an enzyme which helps to remove a phosphate group from a protein. Phosphatase is a marker of fertility and it also indicates the phosphorus shortage in the soil. In the soil ecosystems, phosphatases play a significant role in the phosphorus cycle (P cycle), which connects to plant growth and P stress (Phosphorus Stress). Also, the phosphatases are a good soil quality indicator as their activity reflects the situation of the soil.
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The major players covered in the phosphatases report are Thermo Fisher Scientific, Merck KGaA, New England Biolabs, Promega Corporation, Illumina, Inc., Agilent Technologies, Inc., F. Hoffmann-La Roche Ltd., Takara Bio Inc., QIAGEN, BD, Novozymes, Creative Enzyme, TCI Chemicals (India) Pvt. Ltd., and Advansta Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Phosphatases Market Scope and Market Size:
The phosphatases market is segmented on the basis of type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the phosphatases market is segmented into alkaline phosphatase and acid phosphatase.
- The phosphatases market is also segmented on the basis of application into academic and research institutes, hospitals and diagnostic centers, pharmaceutical and biotechnology companies and others.
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Phosphatases Market Country Level Analysis:
- The phosphatases market is analyses and market size, volume information is provided by country, type and application as referenced above.
- The countries covered in the phosphatases market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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