Global Agricultural Pheromones Market Outlook for 2023-28
Markntel Advisors has conducted a comprehensive study on the Global Agricultural Pheromones Market was valued at USD 3.5 Billion in 2022 and is projected to grow at a CAGR of around 14% during the forecast period, i.e., 2023-28. The industry is predominantly driven by the incessant need to ramp up agricultural productivity owing to the fast-growing population worldwide. Given this, the adoption of sustainable agriculture practices has surged in the past few years, including pest control usage. Factors like chronic climate change, increased crop protection product usage in fruits, vegetables, and row crops, and the negative impact of pesticides on human health has called for numerous investigation on a variety of biological, chemical, and mechanical techniques to prevent the harmful effects of pesticides and limit the further expansion of pests.
In addition, the Global Agricultural Pheromones Market Study highlights the impact of domestic and localized market players, emerging revenue opportunities, strategic market growth analysis, product approvals, product launches, geographic expansions, and technological innovations. The objective of the report is to provide a detailed understanding of the industry, including its features, factors, and elements, along with insights into the regulatory scenario & regional dynamics that may impact market growth.
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Key Driver: Burgeoning Adoption of Sustainable Agricultural Practices
The relentless utilization of insecticides and pesticides in order to maximize crop production has amplified over the years. According to FAO, farmers worldwide consumed over 4.1 million tons of pesticides in 2018. However, citing the hazardous impact of conventional pest control techniques on human health has made farmers turn to sustainable agricultural practices in the past few years. This has paved the way for considering biological pesticides, including Semiochemicals such as pheromones. Backed by the widespread adoption of such eco-friendly techniques, the agricultural pheromones industry is likely to traverse an upward trajectory in the coming years.
Global Agricultural Pheromones Industry Breakdown: Key Revenue Generating Segments
To facilitate focused analysis, the Agricultural Pheromones Market has been divided into different segments, providing shareholders with the opportunity to identify their areas of interest and the most profitable opportunities within the market. By incorporating technical trends, comprehensive analysis of the downstream & upstream value chain, as well as Porter's five forces analysis, we have diligently forecasted the industry landscape for specific regions/countries, presenting critical pointers for informed decision-making. The segments are as follows:
-By Type
-Sex pheromones
-Aggregation pheromones
-Others (which include alarm pheromones, host-marking pheromones, and trail pheromones)
-By Mode of Application
-Dispensers
-Traps
-Spray
-Others
-By Species
-Moths
-Beetles & Bugs
-Armyworm
-Butterflies
-Others
-By Crop Type
-Fruits & Nuts
-Vegetable
-Tea Plants
-Flower
-Others
-By Function
-Mass Trapping
-Detection & Monitoring
-Mating Disruption
-By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Each sections offer valuable insights into the Agricultural Pheromones Market. The report includes essential pillars of the industry study, such as drivers, restraints, opportunities, and challenges. The report also provides information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, and technological advancements, potential for improvement, applications, among others.
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Competitive Analysis of the Global Agricultural Pheromones Industry
-Russell IPM
-Shin-Etsu Chemical Company
-Isagro S.p.A.
-Biobest Group
-SEDQ Healthy Crops SL
-ISCA Global
-Suterra LLC
-Provivi, Inc.
-Koppert Biological Systems
-Pacific Biocontrol Corporation
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Global Agricultural Pheromones Market Research Report Answers the Following Key Questions
- How big is the Global Agricultural Pheromones Market?
- What is the projected growth rate or CAGR of the Global Agricultural Pheromones Market during 2022-27?
- What are the key trends or growth opportunities for the key players in the Global Agricultural Pheromones Market?
- Which ‘segment’ seems promising for companies operating in the Global Agricultural Pheromones Market?
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