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Agricultural Pheromones Market Significant Growth at CAGR of 15.86%, Research Report, Global Industry Trends Forecast till upto 2025

Agricultural Pheromones Market 2019 | Top Leading Countries, Companies, Trends, Forces Analysis, Revenue, Challenges and Global Forecast 2025

The Global Agricultural Pheromones Market covered the value of US$ 1.92 Bn in the year 2017 and is expected to reach US$ 6.21 Bn by 2025. This information was published in a report, titled “Agricultural Pheromones Market Size, Share and Global Trend By Product Type (Sex Pheromones, Aggregation Pheromones), Function (Mating Disruption, Detection and Monitoring, Mass Trapping), Mode Of Application (Traps, Sprayers, Dispensers), By Crop (Field Crops, Orchard Crops, Vegetables) and Geography Forecast Till 2025.”

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“Some of the Main Key Players Covered in the Report” AGRICULTURAL PHEROMONES MARKET

  • Isagro
  • Shin-Etsu
  • BASF SE
  • Koppert B.V.
  • Russell IPM
  • Biobest
  • ISCA Technologies
  • Suterra
  • Pacific Biocontrol Corporation
  • Exosect

“North America to Lead the Global Market Owing to Rising Adoption of Agricultural Pheromones”

North America is projected to emerge dominant and exhibit higher growth rate in the global Agricultural Pheromones Market during the forecast period. The rising demand for several fruit and field crops such as pears, apples, peaches, and cotton may create impressive growth opportunities in the global market. In addition to this, increasing awareness about the use of such crops is likely to benefit the market in this region.

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The market in the Asia Pacific is projected to report swift growth in the years to come. This is attributable to the growing use of agricultural pheromones in most of the countries in this region. The rising demand for exporting agricultural products from Brazil and China may increase the usage of agricultural pheromones in upcoming years.

“Rising Need for Sustainable Agriculture to Bode Well for the Market”

Sustainable agriculture is the need of the hour. The rising adoption of integrated pest management practices or IPM helps to ensure sustainability, thus driving the market.  Another factor fueling the demand for agricultural pheromone chemicals is increasing food consumption in developed and developing countries.

In addition to this, advancements in technologies such as remote sensing monitoring, are projected to open new growth opportunities for the agricultural pheromones market.This technology is intended to effectively monitor crops and prevent them from pests. Also, rising awareness about precision agricultural systems is expected to contribute to the growth of agricultural pheromones.

Key Segmentation:

By Type

  • Sex Pheromones
  • Aggregation Pheromones

By Function

  • Mating Disruption
  • Detection and Monitoring
  • Mass Trapping

By Mode of Application

  • Traps
  • Sprayers
  • Dispensers

By Crop

  • Field Crops
  • Orchard Crops
  • Vegetables
  • Other Crops

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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“Aggregation Pheromones to Emerge as the Dominant Product Type”

Aggregation pheromones account for a major share in the global agricultural pheromones market. These type of pheromones attract both female and male insects, controlling the insect pests on a large scale. This is one of the primary factors fueling demand for aggregation pheromones.  Among crop types, orchard crops are expected to lead and cover a higher value in the global agricultural pheromones market. These crops offer beneficial results in controlling insect pests by using pheromones.

As per the report, the global market for agricultural pheromones is anticipated to exhibit a significant CAGR of 15.86% over the forecast years. A lead analyst said, “Pheromones are chemical molecules which act as a bridge for communication among several insects in the field.” He added, “This further helps to grow the crop production in a healthy and an efficient manner.”

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