Pheromones Market Globally Grow at a CAGR of 17.6% by Revenue During the Period 2017-2026

Industry Highlights

According to Stratistics MRC, the Global Pheromones market is accounted for $1.79 billion in 2017 and is expected to reach $7.75 billion by 2026 growing at a CAGR of 17.6%. Growing demand for sustainable agricultural approach, growing food consumption, increasing consumer awareness about the side effects of pesticides are some of the factors driving the market. In addition, development of remote sensing technology for effective monitoring is one of the major opportunities during the forecast period. However, huge maintenance cost of active ingredients, introduction of new multi-target pest pheromone dispensers are inhibiting the market growth.

Pheromones are the chemical molecules secreted by insects in the environment. Pheromones are used from basic unicellular prokaryotes to complex multicellular eukaryotes. These pheromones acts a communication between the insects spread across the field. Thus, it helps in growing the crops in a healthy manner.

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Market Top Player’s
Some of the key players in global Pheromones market include BASF, Certis Europe, Shin-Etsu, Bioline Agrosciences, Isca Technologies, Bedoukian Research, Koppert, Biobest Belgium, Russell Ipm, Pherobank, Isagro, Bio Controle, Suterra and Trécé.

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Market Segments

Types Covered:
• Aggregation Pheromones
• Sex Pheromones
• Other Pheromones

Crop Types Covered:
• Vegetable Crops
• Field Crops
• Fruits & Nuts
• Other Crop Types

Mode of Applications Covered:
• Spray Method
• Traps
• Dispensers

Applications Covered:
• Horticulture
• Forestry
• Agriculture
• Storage facilities

End Users Covered:
• Mass Trapping
• Mating Disruption
• Detection & Monitoring

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This release was published on openPR.