Posted on Leave a comment

Agricultural Pheromones Market Projected to Reach $6.1 Billion by 2026 | Key Players are Isagro Group, Biobest Group NV, Suterra LLC, Russell IPM, ISCA Technologies, BASF SE, Certis Europe BV

Agricultural Pheromones Market Projected to Reach $6.1 Billion by 2026 | Key Players are Isagro Group, Biobest Group NV, Suterra LLC, Russell IPM, ISCA Technologies, BASF SE, Certis Europe BV
MarketsandMarkets™

The global agricultural pheromones market size is estimated to be valued at USD 2.9 billion in 2021. It is projected to reach USD 6.1 billion by 2026, recording a CAGR of 16.1%

The report “Agricultural Pheromones Market by Crop Type (Fruits & Nuts, Field Crops, & Vegetable Crops), Function (Mating Disruption, Mass Trapping, Detection & Monitoring), Mode of Application (Dispensers, Traps, & Sprays), Type, and Region – Global Forecast to 2026“, published by MarketsandMarkets™. The global agricultural pheromones market is estimated to be valued at USD 2.9 billion in 2021. It is projected to reach USD 6.1 billion by 2026, recording a CAGR of 16.1% during the forecast period. Semiochemicals such as pheromones and allelochemicals are those biological pesticides that are organic in nature and are environmentally safe. Companies nowadays are increasing their research & development investments to diversify the application area for these pesticides and thus, propelling the growth of the overall market. Many horticulture and agriculture farmers are employing sex pheromones and attractants to decrease the number of crop-damaging insects and pests effectively.

Agricultural Pheromones Market

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11243275

Convenient and ready-to-use traps are projected to witness the highest growth during the forecast period.

Pheromone traps are usually used to capture certain species of insects in stored products. A pheromone attractant is used inside the trap to lure the insects. Traps are used for monitoring and mass trapping as well. However, in the case of mass trapping, the number of traps per unit area is increasing effectively to trap more insects. Some of the most commonly used traps include delta traps, sticky traps, winged traps, and funnel traps.

By crop type, the fruit & nuts segment dominated the agricultural pheromones market in 2020.

Fruits & nuts include crops, such as apple, peach, pear, grapes, citrus, mango, and coconut. Some of the major insects that infest crops include oriental fruit borer, codling moths, fruit fly, Indian meal moths, and leafroller. Companies such as Suterra (US), Koppert Biologicals (Netherlands), and Russell IPM (UK) focus on providing solutions for insect pheromones in fruits. Research is also conducted for the efficient management of fruit pests by making use of pheromone nanogels. This technology is currently being tested for guavas. The methodology is still under trial and would be a simple and cost-effective technique if it clears the clinical trials and could significantly reduce fruit fly infestation on guavas. In most cases, dispensers are utilized for delivering pheromones used in mating disruption in fruit crops.

The US dominated the North America market for agricultural pheromones market in 2020.

In the US, common pests found on fruit crops are grapevine moth, banana weevil, oriental fruit moth, and codling moth. These insects are mainly used for monitoring, mass trapping, and attract-and-kill purposes in the US. The insect pests found on field crops in the US are cotton boll weevil, pink bollworm, and southwestern corn borer. In the US, mating disruption is usually practiced in apple, peach, pear, and cotton farms to control populations of insect species, such as codling moths, oriental fruit moths, and pink bollworms. Some of the major pheromone manufacturing companies, such as Suterra (US) and Provivi, Inc. (US), have also made the US a favorable market for the utilization of pheromones.

Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=11243275

Key Players:

The key players in this market include Shin-Etsu Chemical Co., Ltd. (Japan), Koppert Biological Systems (Netherlands), Isagro Group (Italy), Biobest Group NV (Belgium), Suterra LLC (US), Russell IPM (UK), ISCA Technologies (US), Trécé Incorporated (US), Bedoukian Research, Inc. (US), Pherobank B.V. (Netherlands), BASF SE (Germany), Certis Europe BV (Netherlands), Bioline AgroSciences Ltd. (US), Bio Controle (Brazil), and ATGC Biotech Pvt Ltd. (India).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/pheromone-market-11243275.html