Growth Dynamics on Agricultural Pheromones Market 2020-2026 | Key Players: Biobest Sustainable Crop Management, Syngenta, Isagro S.p.A., Suterra and more

The global pheromones market report covered value of USD 1.92 Billion in the year 2017 and is expected to reach US$ 6.21 Bn by 2025. This information was published in a report, titled "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." 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 efficient manner."

Aggregation Pheromones to Emerge as the Dominant Product Type

Aggregation pheromones account for a major share in the global Agricultural Pheromones Market. These types of pheromones attract both female and male insects, controlling 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.

Request a Sample Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pAdf/agricultural-pheromones-market-100071


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

North America is projected to emerge dominant and exhibit a 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 Agricultural Pheromones Market in this region. The market in 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. Farmers are becoming aware of the adverse effects of biological or chemical pesticides, which in turn, will result in the rising demand for natural alternatives. This is expected to further boost the Agricultural Pheromones Market in the years to come. Rapid advancements in biotechnology are likely to pave the way for new agricultural pheromone products.

Product Launches to Strengthen Product Portfolio Will Enable Market Gain Traction

Between 2014 and 2017, mergers and acquisitions and product launches were the most significant strategies adopted by companies. These strategies were implemented to gain higher access to the pheromones market. Now, companies are focusing on developing eco-friendly agricultural pheromone products to gain a competitive edge. Syngenta launched a meso pheromone called Cidetrak EGVM in Chile in November 2018. This pheromone product helped to control European grapevine moth.

Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/agricultural-pheromones-market-100071

List of Best Companies Covered in The Pheromones Market Research Report:

o Biobest Sustainable Crop Management
o Syngenta
o Isagro S.p.A.
o Suterra
o Provivi, Inc.
o Russell IPM
o Bedoukian Research
o BioPhero
o Pherobank
o Laboratorios Agrochem
o Troy Biosciences
o Exosect Limited
o Pacific Biocontrol Corporation
o Other Players

Browse Complete Report Details Enabled with Complete Tables and Figures:
https://www.fortunebusinessinsights.com/industry-reports/agricultural-pheromones-market-100071

Browse Related Reports:

Genetically Modified Seeds Market Size, Share and Global Trend by Crop (Corn, Soybean, Cotton, Canola and Others), and Geography Forecast till 2026

Seed Treatment Market Size, Share and Global Trend by Type (Synthetic Chemicals, Biologicals), By Function (Seed Protection, Seed Enhancement), By Application Technique (Seed Coating, Seed Dressing, Seed Pelleting), By Stage of Seed Treatment (On-Farm, Off-Farm), By Crop Type (Cereals, Oilseeds, Fruits & Vegetables, Other Crops) and Geography Forecast till 2025

Biopesticides Market Size, Share and Global Trend by Product Type (Bioinsecticides, Biofungicides, Bionematicides), Source (Microbials, Biochemicals), Mode of Application (Foliar Application, Seed Treatment, Soil Treatment), Crops (Cereals, Oilseeds, Fruits & Vegetables) and Geography Forecast till 2025
Commercial Seed Market Size, Share and Global Trend by Product Type (Genetically, Modified Seeds, Conventional Seeds), Crop Type (Cereals, Oilseeds, Fruits & Vegetables) and Geography Forecast till 2025

Contact us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1-424-253-0390
UK :+44-2071-939123
APAC :+91-744-740-1245
Email: sales@fortunebusinessinsights.com
Website: https://www.fortunebusinessinsights.com

About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.