Global Agricultural Pheromones Market to reach USD 8.2 Billion by 2027. Global Agricultural Pheromones Market is valued approximately at USD 2.46 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 18.4% over the forecast period 2021-2027. Agriculture pheromones are specific pheromones, used for monitoring the target pests in agriculture areas, also by constantly monitoring of insects, it might be possible to detect infestation before its occurrence. The global Agricultural Pheromones market is being driven by proliferation of pest due to rapid climate change in various regions and increasing demand for sustainable crop protection solutions. Furthermore, rising global consumption of high-value crops and supportive regulations for semi chemicals, will provide new opportunities for the global Agricultural Pheromones industry. For instance, in year 2018, European union had ban on insecticide groups of neonicotinoids, such as thiamethoxam, clothianidin, imidacloprid and others in order to take the most cautious approach . As a result, increased supportive regulations for semi chemicals will necessitate the use of more Agricultural Pheromones, which will serve as a catalyst for the Agricultural Pheromones industry in the future. However, high maintenance and production cost of agricultural pheromones, may impede market growth over the forecast period of 2021-2027.
Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global agricultural pheromones market. the widening scope of applications including agriculture, forestry and for the industrial purposes, such as in the food and pharmaceutical industries makes the North America the leading region across the world in terms of market share. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to the shifting consumer inclination for the sustainable crop in the region.
Major market player included in this report are:
Shin-etsu chemical co., ltd
Koppert biological systems
Isagro group
Biobest group nv
Suterra llc
Russell ipm
Isca technologies
Tr?(C)c?(C) incorporated
Bedoukian research, inc.
Pherobank bv.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Sex pheromones
Aggregation pheromones
Others
By Function:
Mating distribution
Detection & monitoring
Mass trapping
By Mode of application:
Dispenser
Traps
Sprays
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Agricultural Pheromones Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors