Global Pheromones Market Expects Growth of 47.21$ Billion by 2023 Report

The Pheromones Market in agriculture is projected to grow at a CAGR of 16.26%. The Pheromones Market Report is an analytical guide providing information about the key company profiles, industry insights and market forecast. Pheromones Market report is brief about the corporate opportunities present in the future for the Pheromones industry.

Complete report is now available on 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 at http://www.rnrmarketresearch.com/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-st-to-2022-market-report.html

On the basis of crop type, the fruits &nuts segment dominated the pheromones market in agricultural applications in 2016as the higher costs of pheromone application are suitable for low-volume, high-value crops such as fruits & nuts. On the basis of mode of application, the dispensers segment dominated the market in 2016, in terms of value, due to its increased requirement for implementing successful mating disruption environment for cash crops such as fruits & nuts.

The agricultural pheromones market is estimated to be USD 1.99 million in 2017, growing at a CAGR of 16.26% from 2017 to reach USD 4.23 billion by 2022.Even though simpler production processes can bring down the manufacturing costs, the pheromones market has still been largely evolving with many manufacturers involved in developing new pheromone active ingredients with different functional attributes such as host-marking, alarm, and trail. Higher costs of active ingredients and the need for more manual hours to monitor and replace the dispensers in agricultural areas that have adopted mating disruption and monitoring techniques act as restraining factors to the agricultural pheromones market.

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South America is projected to be the fastest-growing market for agricultural pheromones between 2017 and 2022. The South American market has been experiencing significant demand due to the need to undertake efforts to ensure export quality to their North American and European neighbors which had a sizeable impact on the adoption of integrated pest management (IPM) practices, subsequently driving the growth of the pheromones market in the region.

The pheromones market in agricultural applications is segmented region-wise, with a detailed analysis of each region by studying the key markets. These regions include North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW).

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Break of primary participants in Pheromones Market was as mentioned below:

By Company Type: Tier 1 – 35%, Tier 2 – 41%, and Tier 3 – 24%

By Designation: C Level – 56%, Director Level – 28%, and Others – 16%

By Region: Asia Pacific – 33%, North America – 27%, Europe – 20%, Middle East & Africa – 13%, and Latin America – 7%

Major players of Pheromones Market Report are:

The market is dominated by key players such as Isagro (Italy), Biobest (Belgium), Suterra (US), Russell IPM (UK), ISCA Technologies (US), Bedoukian Research (US), Troy Biosciences (US), Laboratorios Agrochem (Spain), BIOCONT LABORATORY(Czech Republic), Pacific Biocontrol Corporation (US), Exosect (UK), and Pherobank (Netherlands).

Key Benefits of Pheromones Market Report

This report covers the following aspects that will benefit the client:

Market segmentation on the basis of type, application, and region

Market dynamics including drivers, restraints, and opportunities

Porter’s Five Forces analysis

Profile of key players in the global Pheromones market

On an unrelated note, another research titled with Universal Flash Storage Market by Capacity (32 GB, 64 GB, 128 GB, 256 GB, 512 GB), Configuration, End Use (Automotive Electronics, Digital cameras, Gaming Consoles, High-Resolution Displays, Smartphones), Application, and Geography – Global Forecast to 2023. The universal flash storage market is estimated to grow from USD 3.59 billion in 2017 and is estimated to reach USD 9.97 billion by 2023, at a CAGR of 18.6% during 2017–2023. Now available at http://www.rnrmarketresearch.com/universal-flash-storage-market-by-capacity-32-gb-64-gb-128-gb-256-gb-512-gb-configuration-end-use-automotive-electronics-digital-cameras-gaming-consoles-high-resolution-displays-smartphones-applicatio-st-to-2023-market-report.html  

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