PUNE, India, October 10, 2017 /PRNewswire/ --
The report "Pheromones Market in
Agriculture by Crop Type (Field Crops, Fruits &
Nuts, Vegetables), Application (Mating Disruption, Mass Trapping,
Detection & Monitoring), Mode of Application (Traps,
Dispensers, Sprays), Type, and Region - Global Forecast to
2022", published by MarketsandMarkets™, the market is projected
to grow at a CAGR of 16.26% from an estimated value of USD 1.99 Billion in 2017 to reach USD 4.23 Billion by 2022.
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Browse 67 Market Data Tables and 33 Figures spread
through 157 Pages and in-depth TOC
on "Pheromones Market in
Agriculture"
http://www.marketsandmarkets.com/Market-Reports/pheromone-market-11243275.html
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report.
The market is driven by factors such as the successful
implementation of integrated pest management practices for
sustainable agriculture, growing research and cost-effective
production processes, and the impact of pheromones on the reduced
application of insecticides. Moreover, the demand is increasing in
developing countries such as India
and China where various schemes to
incorporate sustainable agricultural practices has become a growing
trend.
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Mass trapping method is projected to remain in the higher
growth 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.
Field crops are projected to be one of the important crop
type segments in the Pheromones Market
The large cultivated area under field crops such as cotton,
corn, rice, and sugarcane in developing regions of Asia Pacific and South America are projected to drive the
application of insect pheromones in this segment for Integrated
Pest Management (IPM) practices.
Significant competition to capitalize the market potential
among international manufacturers in the South American
region
Rising export quality requirements for agricultural products and
increasing adoption of IPM practices in important fruit-growing
nations such as Brazil and
Chile are expected to drive the
demand for pheromones among the crop growers in the South American
region during the forecast period. This would increase the inflow
of many international manufacturers to set up their business units
and distribution networks thereby leading to a strong market
competition.
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The report Pheromones Market in Agriculture includes a
study of marketing and development strategies, along with the
product portfolio of leading companies. These companies include
Shin-Etsu Chemical (Japan),
Russell IPM (UK), Koppert (Netherlands), Isagro (Italy), and Pherobank (Netherlands) which are some of the
well-established and financially stable players that have been
operating in the industry for several years. Other players include
Biobest (Belgium), Pacific
Biocontrol Corporation (US), Exosect (UK), Suterra (US), Bedoukian
Research (US), ISCA Technologies (US), Troy Biosciences (US), and
BIOCONT LABORATORY (Czech
Republic).
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Biofungicides, Bioherbicides, and Bionematicides), Origin
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