Pheromones Market report represents the revenue opportunities in the market through to 2022, highlights the market size and growth by technology, geography, type and size. The report outlines the evolution of the industry and identifies and assesses the best performing vendors in the market.
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Pheromones Market highlights key players such as Isagro (Italy), Biobest (Belgium), Suterra (US), Russell IPM (UK), ISCA Technologies (US), Bedoukian Research (US), Troy Biosciences (US), Laboratorios Agrochem (Spain), BIOCONT LABORATORY(Czech Republic), Pacific Biocontrol Corporation (US), Exosect (UK), and Pherobank (Netherlands).
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The agricultural pheromones market is estimated to be USD 1.99 million in 2017, growing at a CAGR of 16.26% from 2017 to reach USD 4.23 billion by 2022.Even though simpler production processes can bring down the manufacturing costs, the pheromones market has still been largely evolving with many manufacturers involved in developing new pheromone active ingredients with different functional attributes such as host-marking, alarm, and trail. Higher costs of active ingredients and the need for more manual hours to monitor and replace the dispensers in agricultural areas that have adopted mating disruption and monitoring techniques act as restraining factors to the agricultural pheromones market.
On the basis of crop type, the fruits &nuts segment dominated the pheromones market in agricultural applications in 2016as the higher costs of pheromone application are suitable for low-volume, high-value crops such as fruits & nuts.
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On the basis of mode of application, the dispensers segment dominated the market in 2016, in terms of value, due to its increased requirement for implementing successful mating disruption environment for cash crops such as fruits & nuts.
South America is projected to be the fastest-growing market for agricultural pheromones between 2017 and 2022. The South American market has been experiencing significant demand due to the need to undertake efforts to ensure export quality to their North American and European neighbors which had a sizeable impact on the adoption of integrated pest management (IPM) practices, subsequently driving the growth of the pheromones market in the region.
The pheromones market in agricultural applications is segmented region-wise, with a detailed analysis of each region by studying the key markets. These regions include North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW).
Key Point from Table of Content:
Pheromones Market in Agriculture, By Application
Detection & Monitoring
Pheromones Market in Agriculture, By Mode of Application
Passive Pheromone Dispensers
Retrievable Polymeric Pheromone Dispensers
High Emission Dispensers
Pheromones Market in Agriculture, By Type
Pheromones Market in Agriculture, By Crop Type
Fruits & Nuts
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