According to the publisher, the Global Pheromones market is accounted for $1.79 billion in 2017 and is expected to reach $7.75 billion by 2026 growing at a CAGR of 17.6%.
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 are inhibiting the market growth.
Pheromones are the chemical molecules secreted by insects in the environment. Pheromones are used from basic unicellular prokaryotes to complex multicellular eukaryotes. These pheromones acts a communication between the insects spread across the field. Thus, it helps in growing the crops in a healthy manner.
By type, the demand for aggregation pheromones segment is growing rapidly as these pheromones are widely used for bark beetles and it also attracts male and female species for mass trapping. In addition, fruits & nuts segment has acquired largest market share and the growth of this segment can be attributed to reduction in crop damage and also helps in producing high quality products. North America is dominating the Pheromones market owing to growing demand for fruit & field crops such as apples, pears, peaches, cotton, and corn and rising awareness.
- Certis Europe
- Bioline Agrosciences
- Isca Technologies
- Bedoukian Research
- Biobest Belgium
- Russell Ipm
- Bio Controle
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Pheromones Market, By Type
6 Global Pheromones Market, By Crop Type
7 Global Pheromones Market, By Mode of Application
8 Global Pheromones Market, By Application
9 Global Pheromones Market, By End User
10 Global Pheromones Market, By Geography
11 Key Developments
12 Company Profiling
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