Global Agricultural pheromones Market was valued at US$ XX Bn in 2020 and is estimated to grow at a CAGR of XX% during forecast period to reach US$ XX Bn by 2026. The report covers the detailed analysis of the Global agricultural pheromones industry with the classifications of the market on the basis of type, application, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player’s contribution in it.
The chemicals secreted by the insects and animals for help in interaction with one another are known as pheromones. The pheromones get released by insects to attract mates, signal threat, or find food. The pheromones are effective semi chemicals for pest control in agriculture and essential component for insect monitoring. They are utilized for various purposes like luring, mating disruption, mass-trapping, and others by adopting various strategies.
The report has profiled fifteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation of market size. Manufacturing environment in each region is different and focus is given to regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed.
Global Agricultural Pheromones Market Dynamics
Integrated pest management (IPM) helps in the long-term prevention of pests combined with cultural, habitat manipulation, biological controls. The combination of IPM and agricultural pheromones gives safer protection from pests at least risk, which is a major growth driving factor for the global agricultural pheromones market. The other most effective market growth driver is, its effective approach by mass trapping the pests and killing them selectively, without hampering to the environment and not any risk to human health. The growing demand from various farmers for pheromones traps to prevent fruit and vegetable crops is also one more growth driver for the global market. In addition to that, governments of various economies are promoting pheromones to reduce the impact of toxic chemicals.
On the other hand, the high cost of various insects’ pheromones compared with conventional pesticides and insecticides are major growth restraining factors for the global market.
The various economic governments such as the government of India started to popularizing IPM in farmers by providing training to them and organizing various Human Resource Development programs. These government initiatives for the promotion of agricultural pheromones, expected to create new opportunities during the forecast period.
Based on types, the sex pheromones segment holds the major share in the market as it is the most preferred type of pheromones for pest management techniques. The rising demand due to the high utilization of Sex pheromones as it is not toxic for animals. In addition to that, regulatory agencies from various economies such as the California Environmental protection Agency promotes the utilization of sex pheromones as it is safe. The sex pheromones segment held XX% of global market shares in 2020 and is expected to reach US$ XX Bn by 2026 at a CAGR of XX%.
Global Agricultural Pheromones Market1
Based on the Application, the dispensers segment holds major shares of the global market as they are most preferably used to apply agricultural pheromones. The characteristics of dispensers such as inexpensive to produce, non-toxic, do not waste active ingredients, and easily used in the field, helps to make the segment a major shareholder of the global market. The Dispensers segment was valued at US$ XX Bn in 2020 and is expected to reach US$ XX Bn by 2026 at a CAGR of XX% during the forecast period.
Global Agricultural Pheromones Market2
North America was valued at US$ XX Bn in 2020 and holds the major agricultural pheromones market share due to growth in the wide implementation of integrated pest management solutions for crop protection across North America. Also, the government of the US and Canada are promoting for use of agricultural pheromones for crop protection. North America is expected to reach US$ XX Bn by 2026 at a CAGR of XX% during the forecast period. Europe is estimated to hold the second-largest market shares by 2026 at a CAGR of XX%.
Scope of the Report for Global Agricultural Pheromones Market: Inquire before Buying
The report helps in understanding Global agricultural pheromones Market dynamics, structure, by analyzing the market segments and projects the Global agricultural pheromones Market size. The clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global agricultural pheromones market make the report investor’s guide.
Global Agricultural Pheromones Market3
• North America
• Asia Pacific
• Meddle East & Africa
• South America
Key Players Covered:
• Shin-Etsu Chemicals Co. Ltd
• Russell IPM
• Suterra LLC
• Pherobank B. V.
• ISCA Technologies
• SEDQ Healthy Crops S.L.
• Koppert Biological Systems
• Trece Inc
• Rentokil- PCI Pvt Ltd
• Laboratories Agrochem
• Bio Controle
• Biobestgroup NV
• Bioline AgroScience
• Isagro Group
• Sumi Agro France
• Bedoukian Research Inc
• AgBio Inc
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