Increased destruction from pests is driving the growth in Global Agricultural Pheromones Market in the forecast period, 2022-2026.
According to TechSci Research report, “Agricultural Pheromones Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type (Sex Pheromones, Aggregation Pheromones, Others), By Function (Mating Disruption, Detection & Monitoring, Mass Trapping), By Mode of Application (Dispensers, Traps, Sprays), By Crop Type (Fruits & Nuts, Field Crops. Vegetable Crops, Others), By Region”, the global agricultural pheromones market would potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of rapidly increasing demand for the higher yields of the crop. Insect and pests population destroying the agricultural crops are also driving the growth of the global agricultural pheromones market in the upcoming five years. Additionally, increasing demand for the high-value crops, like organic fruits & vegetables crops along with the organic commodities is further supporting the growth of the global agricultural pheromones market in the next five years. Also, increasing general awareness regarding the safety and nutritional value of food is also substantiating the growth of the global agricultural pheromones market in the future five years. Surge in the demand for the environment friendly and sustainable initiatives to decrease the usage of artificial pesticide is also aiding the growth of the global agricultural pheromones market in the forecast years. Increasing research and development of the innovative products along with other technological advancements is also supporting the robust growth of the global agricultural pheromones market in the forecast period, until 2026.
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The global agricultural pheromones market is segmented by type, function, mode of application, crop type, regional distribution, and competitional landscape. Based on function, the market is further fragmented into mating disruption, detection & monitoring, and mass trapping. Mating disruption is anticipated to generate the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of demand for controlling the excessive population of pests and insects. Piezoelectric micro-sprayer and microencapsulated sprayable, sprays are actively utilized for controlling insect pests. These chemical agents function in a way that it controls the pheromone release rate. Due to the easier application and the surging demand for the effective method for disrupting the insect and pest population is further driving the growth of the global agricultural pheromones market in the next five years. Mass trapping is also anticipated to register significant growth and impressive CAGR value in the future five years. Microencapsulated agricultural pheromones and its application for decreasing the pest and insect population are supporting the growth of the agricultural pheromones market in the forecast period, until 2026.
Biobest Group NV, BASF SE, Shin-Etsu Chemical Co., Ltd., ATGC Biotech Pvt Ltd., Bioline AgroSciences Ltd, Bio Controle - Métodos de Controle de Pragas Ltda., Isagro Group, Koppert Biological Systems, Hercon Environmental Corporation, ISCA Technologies, Inc., Trécé Incorporated, Russel IPM Ltd, Trece Inc., Pherobank B.V., Certis Europe BV, are some of the market players holding the major shares of the global Agricultural pheromones market. Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through Agricultural pheromones. Further advancement would aid the market value and brand establishment in the future five years. New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
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“Asia Pacific region is anticipated to dominate the regional market and generate largest revenue shares of the market on the account of agricultural industry in the countries like China, India, etc. shifting toward modern technological and innovative methods from a conventional agricultural practice. Application of integrated pest management to combat the excessive population of pests and their destruction of crops is further anticipated to aid the growth of the global agricultural pheromones market in the next five years. Also, countries like China, India, are some of the largest producers of fruit crops and the demand for high quality fruits, such as apples, pears, grapes etc. Also, North America region is expected to register significant growth and impressive CAGR values on the account of technological advancement and innovative products development in the upcoming five years, also substantiating the growth of the global agricultural pheromones market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.
“Global Agricultural Pheromones Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type (Sex Pheromones, Aggregation Pheromones, Others), By Function (Mating Disruption, Detection & Monitoring, Mass Trapping), By Mode of Application (Dispensers, Traps, Sprays), By Crop Type (Fruits & Nuts, Field Crops. Vegetable Crops, Others), By Region”, has evaluated the future growth potential of global agricultural pheromones and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global agricultural pheromones market.
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