According to a market report by Lucintel, the future of the global agricultural pheromones market looks promising with opportunities in the dispenser, trap, and spray markets. The global agricultural pheromones market is expected to reach an estimated $11.9 billion by 2030 with a CAGR of 15.3% from 2024 to 2030. The major drivers for this market are growing demand for sustainable crop protection solutions, rising awareness among farmers and focus on reducing chemical pesticide usage, along with the development in the technology and agricultural techniques globally.
In this market, sex
pheromones and aggregation pheromones are the major segments of agricultural
pheromones market by Type.
Lucintel forecast that
sex pheromones is expected to witness larger segment over the forecast period.
Within this market,
dispensers will remain the largest segment over the forecast period because the
dispensers don't waste the active ingredients and are inexpensive, simple to
use, and non-toxic, as well as, further makes it easier for bioactive
components to be consumed in accordance with insect pressure, ensuring
effective pest management.
North America is
expected to witness largest region over the forecast period due to existance of
prominent companies that mainly focus on building innovative agricultural
pheromones in the region, as well as, increasing market penetration in forestry
and agriculture.
Shin-Etsu Chemical,
BASF, Mitsui & Co, Biobest, The Wonderful Company, Russell, Bedoukian,
Pherobank, Koppert Biological, and Gowan are the major suppliers in the
agricultural pheromones market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056
or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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