The global demand for Insect Pheromones Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Insect infestation is one of the biggest challenges to the agriculture sector as it affects crop production at a larger scale. Insect infestation can affect fruits and nuts, vegetable crops, and grain crops. It can cause severe crop damage and make agricultural produce unmarketable and inedible. Insect pheromones are a possible and safe alternative for insect control. Insect pheromones are chemicals that are used as a trap to attract and capture insects. By capturing a large number of insects successfully, insect population can be detected and controlled to reduce the economic damage. Insect pheromones are of various types such as sex pheromones, aggregation pheromones, and others. Sex pheromones attract both male and female insects and capture them. The other pheromones include trail, alarm, and host-marking pheromones.
Market Dynamics
The significant factors driving the global insect pheromones market include growing insect population due to climate changes, increased economic damage caused by insect infestation, and growing adoption for organic farming. The other factors contributing to the market are the growth in the human population, increased food demand, and the availability of advanced integrated insect management tools. Insect pheromones are eco-friendly, safe, and clean compared to synthetic pesticides. The increasing awareness about food security and the hazardous effects of chemical pesticides is expected to boost the global insect pheromones market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of insect pheromones.
Market Segmentation
The entire Insect Pheromones market has been sub-categorized into type, application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- Sex Pheromones
- Aggregation Pheromones
- Others
By Application
- Fruits and Vegetables
- Field Crops
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for insect pheromones market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Insect Pheromones Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the insect pheromones market include Bedoukian Research, Pacific Biocontrol, Exosect, Biobest, Laboratorio Agrochem, BIOCONT LABORATORY (Czech Republic), Russell IPM, ISCA Technologies, ISAGRO, Pherobank, Bioline AgroSciences, Shin-Etsu Chemical, Suterra, Certis Europe, Bio Controle, Troy Biosciences. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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