The global Agricultural Pheromones market is projected to grow at a CAGR of around 17.5% from an estimated value of $1.99 Billion in 2017 to reach $4.29 Billion by 2024.High demand for quality produce, reduction of agricultural production costs and high profitability cultivation is expected to propel the demand for agricultural pheromones.
Higher growth Pheromones market curve in the next five years:
Factors such as availability of effective trap designs, innovative technical pheromone compounds, especially aggregation pheromones to capture insects of both the sexes are projected to fuel the demand of mass trapping as it can significantly control the insect population and limit insecticide application among crop growers.
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 is inhibiting the market growth.
Scope of Pheromones Report:
1.Pheromones can be mainly divided into Sex Pheromones, Aggregation Pheromones and Others which Sex Pheromones captures about 66.67% of Pheromones market in 2017.According to our research and analysis, manufacturers from Japan and Europe are the major leaders in the international market of Pheromones.
2.Global market is expected to witness significant growth on account of rising applications, so in the next few years, Pheromones consumption will show a trend of steady growth.
3.The global Pheromones consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 30.94% of global consumption of
4.Pheromones downstream are wide and recently Pheromones has acquired increasing significance in various fields of Gypsy Moth, Codling Moth, Vine and Berry Moths.
Pheromones are chemicals produced as messengers that affect the behavior of other individuals of insects or other animals. They are usually wind borne but may be placed on soil, vegetation or various items. Each species of insect relies on some one hundred chemicals in its life, to engage in such routine activities as finding food and mates, aggregating to take advantage of food resources, protecting sites of oviposition, and escaping predation. It has been found that pheromones may convey different signals when presented in combinations or concentrations. Pheromones differ from sight or sound signals in a number of ways. They travel slowly, do not fade quickly, and are effective over a long range. Sound and sight receptors are not needed for pheromone detection, and pheromone direction is not limited to straight lines.
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Pheromones by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
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PRODUCT TYPE COVERAGE MARKET SIZE & FORECAST, MAJOR COMPANY OF PRODUCT TYPE ETC.:
Sex Pheromones
Aggregation Pheromones
Others
COMPANY COVERAGE SALES REVENUE, PRICE, GROSS MARGIN, MAIN PRODUCTS ETC.:
Suterra
Shin-Etsu
Bedoukian Research
SEDQ
Pherobank
Isagro
Russell Ipm
Wanhedaye
APPLICATION COVERAGE MARKET SIZE & FORECAST, DIFFERENT DEMAND MARKET BY REGION, MAIN CONSUMER PROFILE ETC.:
Gypsy Moth
Codling Moth
Vine & Berry Moths
Others
Region Coverage Regional Production, Demand & Forecast by Countries etc.:
North America U.S., Canada, Mexico
Europe Germany, U.K., France, Italy, Russia, Spain etc.
Asia-Pacific China, India, Japan, Southeast Asia etc.
South America Brazil, Argentina etc.
Middle East & Africa Saudi Arabia, South Africa etc.
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