Agricultural Pheromones Market to Rear Excessive Growth during 2031
Agricultural Pheromones Market to Rear Excessive Growth during 2031
A recent market intelligence report that is published by Data Insights Partner on Agricultural Pheromones Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international ABC Market. The research study also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and world Agricultural Pheromones Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of international Agricultural Pheromones Market is offered.
In accordance with the report, the Agricultural Pheromones Market is projected to expand at a CAGR of X.X% over the period of forecast. The global Agricultural Pheromones Market was valued at USD XX.X Mn in 2021 and is expected to reach USD XX.X Mn in 2031, growing with a significant CAGR rate during the forecast period. The use of conventional insecticides is on the decline. The European Union's recent prohibition on insecticide groups of neonicotinoids, including as thiamethoxam and fipronil, is also expected to fuel the expansion of the agricultural pheromones business in Europe. Despite government initiatives to raise knowledge about IPM, crop growers are increasingly reliant on conventional inputs to boost crop output. However, the region has seen a considerable increase in the use of pheromones for crops including as grapes, cotton, sugarcane, peaches, okra, and oil palms. The rising number of moths and pests, which are destroying wider sections of agricultural fields, is driving up demand and, as a result, supporting the worldwide agricultural pheromones market's growth over the next five years. Rapid urbanisation, rising awareness of the health benefits associated with these high-yield crops, and the cultivation of high-value crops are some of the primary factors driving market revenue growth. The high cost of setting up and maintaining pheromone traps, as well as extensive R&D procedures, are two primary restraints on the global agricultural pheromones industry. North America leads the agricultural pheromones market, according to geographical data, and is predicted to develop at the highest rate over the projection period. In North America, pheromones are used to prevent mating. Due to the existence of important firms that primarily focus on developing revolutionary agricultural pheromones in the region, the region is likely to keep the greatest position in the worldwide market over the projection period.
To compile the detailed study of the global Agricultural Pheromones market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Agricultural Pheromones Market. Comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, Industrial papers, and paid databases. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the Agricultural Pheromones Market.
COVID-19 Scenario Analysis:
The COVID-19 outbreak has shaken the whole economy in the world. In this scenario some industries are doing quite well while others have been crushed. This section of the report has explored the overall status of the COVID-19 scenario. The industry witnessed a huge decline in terms of sales. Likewise, the Agricultural Pheromones market was affected negatively due to the shutdown of manufacturing/processing facilities for some time. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.
Agricultural Pheromones Market report has been segmented By Product Type, By Application, By Function and By Crop Type also includes the market size and forecast for all these segments. Compounded annual growth rates for all segments have also been provided for 2021 to 2031. This report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
Agricultural Pheromones Market research report includes an in-depth coverage of the industry with estimates & forecast from 2019 to 2031, for the following segments:
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Agricultural Pheromones Market, By Product Type, 2021-2031 (USD Million)
- Sex Pheromones
- Aggregation Pheromones
Agricultural Pheromones Market, By Application, 2021-2031 (USD Million)
- Fruits and Vegetables
- Field Crops
Agricultural Pheromones Market, By Function, 2021-2031 (USD Million)
- Mating disruption
- Detection & monitoring
- Mass trapping
Agricultural Pheromones Market, By Crop Type, 2021-2031 (USD Million)
- Fruits & nuts
- Field crops
- Vegetable crops
- Other crop types
The prime objective of the Agricultural Pheromones market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with different major regions and more than 30 major countries across the globe. During the report's production, extensive research and analysis were conducted. This research will assist readers in gaining a thorough understanding of the market.
Agricultural Pheromones Market, By Region, 2021-2031 (USD Million)
- North America ( United States, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
- South Asia ( India, Pakistan and Bangladesh)
- East Asia (China, Japan and South Korea)
- South East Asia (Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
- Middle East (Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
- Africa (Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
- South America (Brazil, Argentina, Colombia, Chile, and Rest of SA)
- Oceania (Australia and New Zealand)
To enhance their position in the global market, key suppliers/manufacturers are concentrating on business expansion and product innovation. Manufacturers/producers are also working on boosting their manufacturing capacity and product quality to gain a competitive advantage. The following are some of the prominent manufacturers in the worldwide Agricultural Pheromones market:
- Bedoukian Research
- Pacific Biocontrol
- Laboratorio Agrochem
- BIOCONT LABORATORY (Czech Republic)
- Russell IPM
- ISCA Technologies
- Bioline AgroSciences
- Shin-Etsu Chemical
- Suterra, Certis Europe
- Bio Controle
- Troy Biosciences
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Agricultural Pheromones Market Report Highlights:
- Detailed analysis of the parent market
- Key players' strategies and products supplied in the competitive landscape
- Market segmentation in depth analysis
- Market size in terms of volume and value, past, present, and future scenario
- Potential and specialty areas, as well as geographical regions with promising growth prospects
- Market players use this information to maintain and expand their market presence, thus it's important to have an unbiased perspective on market performance.