At 18.4% CAGR, Agricultural Pheromones Market Size Set to Register 8.2 billion USD by 2027

A comprehensive research study on Agricultural Pheromones market added on Market Study Report provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of Agricultural Pheromones market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

Global Agricultural Pheromones Market to reach USD 8.2 Billion by 2027. Global Agricultural Pheromones Market is valued approximately at USD 2.46 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 18.4% over the forecast period 2021-2027.

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Major market player included in this report are:

  • Shin-etsu chemical co., ltd
  • Koppert biological systems
  • Isagro group
  • Biobest group nv
  • Suterra llc
  • Russell ipm
  • Isca technologies
  • Tr(C)c(C) incorporated
  • Bedoukian research, inc.
  • Pherobank bv.

Agriculture pheromones are specific pheromones, used for monitoring the target pests in agriculture areas, also by constantly monitoring of insects, it might be possible to detect infestation before its occurrence. The global Agricultural Pheromones market is being driven by proliferation of pest due to rapid climate change in various regions and increasing demand for sustainable crop protection solutions.

Furthermore, rising global consumption of high-value crops and supportive regulations for semi chemicals, will provide new opportunities for the global Agricultural Pheromones industry. For instance, in year 2018, European union had ban on insecticide groups of neonicotinoids, such as thiamethoxam, clothianidin, imidacloprid and others in order to take the most cautious approach.

As a result, increased supportive regulations for semi chemicals will necessitate the use of more Agricultural Pheromones, which will serve as a catalyst for the Agricultural Pheromones industry in the future. However, high maintenance and production cost of agricultural pheromones, may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global agricultural pheromones market. the widening scope of applications including agriculture, forestry and for the industrial purposes, such as in the food and pharmaceutical industries makes the North America the leading region across the world in terms of market share. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to the shifting consumer inclination for the sustainable crop in the region.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product Type:

Sex pheromones

Aggregation pheromones

Others

By Function:

Mating distribution

Detection & monitoring

Mass trapping

By Mode of application:

Dispenser

Traps

Sprays

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Agricultural Pheromones Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Full Report Summary At: https://www.marketstudyreport.com/reports/global-agricultural-pheromones-market-size-research?utm_source=marketwatch.com&utm_medium=AG

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