Agricultural Insect Pheromones Market Industry Research Report Forecast 2028
Agricultural Insect Pheromones Market Overview:
The global agricultural insect pheromones market industry is highly lucrative. Manufacturers of insect pheromones can leverage
growth opportunities in the market due to advancements in agricultural
technology. The use of remote sensing technology enables the effective
monitoring of insects. Bioorganic synthesis of insect pheromones by market
players is also driving market growth. Additionally, the development of
pheromones as aerosol formulations is boosting sales as aerosol formulations
offer high efficiency and are convenient to use. However, the major challenge
being faced by the manufacturers of agricultural insect pheromones is the
development of multi-target pest pheromone dispensers. Insect pheromones are
usually species-specific and thus can be used to target a specific species of
insect only. Therefore, market players are focusing on developing enhanced
insect pheromone dispensers that can target multiple insect species
simultaneously.
Agricultural
Insect Pheromones Market Competitive Landscape:
The global market on the agriculture
insect pheromones is getting backed by strategic developments of various
companies like ISAGRO (Italy), Biobest (Belgium), Suterra (US), BIOCONT
LABORATORY (Czech Republic), ISCA Technologies (US), Russell IPM (UK),
Pherobank (Netherlands), Pacific Biocontrol Corporation (US), Bedoukian
Research (US), Exosect (UK), Troy Biosciences (US), and Laboratorio Agrochem,
SL (Spain). These segments are known for their exclusive contributions
through various strategic mediums to increase the growth possibilities of the agriculture
insect pheromones market industry.
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Regional
Analysis:
The global market report on agriculture
insect pheromones holds various insights related to growth pockets, which upon
exploration, would reveal strong market growth possibilities. North America
would take charge of the global market as the region is spending substantially
to develop technologies and creating scope for its easy integration. Hike in
expenditure related to research and development would ensure strong growth
possibilities. The US and Canada are two major countries with substantial
growth possibilities.
Europe is also on the course to record
substantial growth during the forecast period. This would be possible as
several countries are putting an emphasis on their supply of food to meet the
regular requirement. In the Asia Pacific region, quite a few countries are
agrarian in nature and these countries would generate substantial revenues by
incorporating such technologies. Various fruit and field crop growers would
dominate the regional intake of the agriculture insect pheromones. The regional
agriculture insect pheromones market industry would be the fastest-growing as well.
Agricultural
Insect Pheromones Market Segmentation:
The global report on the agricultural
insect pheromones market has been studied by keeping in focus segments like
crop type, application, mode of application, and type. These segments have
substantial pointers that would help in a proper assessment of the market
growth.
By type, the report on the global agricultural
insect pheromones market can be segmented into aggregation pheromones, sex
pheromones, and others. The aggregation pheromones segment would dominate the
growth pattern substantially.
By crop type, the report on the global agricultural
insect pheromones market can be segmented into field crops, vegetables, fruits
& nuts, and others. Various field crops segment would see substantial
growth in the market.
By mode of application, the report on the global agricultural
insect pheromones market industry integrates sprayers, dispensers, and
traps.
By application, the global report on the agricultural
insect pheromones market industry can be segmented into monitoring, trapping,
and mating disruption.
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