Wednesday, October 4, 2023

Agriculture with Precision: Agricultural Pheromones Market Size, Share & Forecast (2023-2032) by MRFR"

 

Global Agricultural Pheromones Market Overview

Agricultural Pheromones Market Size was valued at USD 3.4 Billion in 2022. The Agricultural Pheromones market is projected to grow from USD 4.0 Billion in 2023 to USD 13.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.50% during the forecast period (2023–2032). .according to a report by the market is growing due to the increasing demand for sustainable pest control methods. Insect pheromones are chemical signals that are used to attract, trap, or disrupt insects that damage crops. They are a non-toxic and environmentally friendly alternative to insecticides.

The market is segmented by type, application, crop type, and region. By type, the market is segmented into sex pheromones, aggregation pheromones, and food pheromones. Sex pheromones are the most widely used type of pheromones in agriculture. They are used to attract and trap insects for monitoring and control. Aggregation pheromones are used to attract insects to a specific location, such as a trap. Food pheromones are used to attract insects to baits, which can then be poisoned.

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By application, the market is segmented into monitoring, mass trapping, and mating disruption. Monitoring is the most common application of pheromones. Pheromones are used to detect the presence of pests and to track their populations. Mass trapping is used to reduce pest populations by attracting and trapping large numbers of insects. Mating disruption is used to prevent insects from mating, which can help to reduce pest populations.

By crop type, the agricultural insect pheromones market is segmented into fruits, vegetables, and field crops. Fruits and vegetables are the largest segment of the market. Pheromones are used to protect these crops from a variety of pests, including moths, beetles, and fruit flies. Field crops are the second largest segment of the market. Pheromones are used to protect these crops from a variety of pests, including insects, weeds, and nematodes.

By region, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is the largest market for agricultural insect pheromones. This is due to the high demand for sustainable pest control methods in the region. Europe is the second largest market for agricultural insect pheromones. Asia Pacific is the fastest growing market for agricultural insect pheromones. This is due to the increasing demand for agricultural products in the region.

Key Players

Biobest (Belgium), ISAGRO (Italy), BIOCONT LABORATORY (Czech Republic), Suterra (US), Russell IPM (UK), ISCA Technologies (US), Bedoukian Research (US), Pherobank (Netherlands), Troy Biosciences (US), Exosect (UK), Pacific Biocontrol Corporation (US), and Laboratorio Agrochem, SL (Spain) are some of the key players in the global agricultural insect pheromones market.

The growth of the agricultural insect pheromones market is being driven by a number of factors, including:

· Increasing awareness of the environmental and health risks of insecticides

· Rising adoption of integrated pest management (IPM) practices

· Growing demand for sustainable pest control methods

· Development of new and improved pheromone products

The agricultural insect pheromones market is facing a number of challenges, including:

· High cost of pheromone products

· Lack of awareness of pheromone technology among farmers

· Competition from synthetic insecticides

Despite these challenges, the agricultural insect pheromones market is expected to continue to grow in the coming years. This is due to the increasing demand for sustainable pest control methods.

Browse In-depth Market Research Report (128 Pages, Charts, Tables, Figures) Agricultural Insect Pheromones Market Report: https://www.marketresearchfuture.com/reports/agricultural-insect-pheromones-market-7838

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