Agricultural Pheromones Market Comprehensive Analysis, Prospects and Opportunities 2019-2024


Posted October 8, 2020 by bisrsrch

Focus on Species Type (Codling Moth and Gypsy Moth), Application (Detection & Monitoring and Control and Kill) and Crop Type (Field Crop and Fruit and Nuts)
 
During the time of discovery of agricultural pheromones, their primary use was the detection and monitoring of growing or prevailing pest species in crops. However, with the expansion of their application base, control and treatment has become one major application of pheromones. Apart from understanding the density of pest population, consumers currently showcase more interest in pest eradication techniques such as lure and kill, mating disruption, and mass trapping. Chemical pesticides and the adverse health disorders associated with them have helped the agricultural pheromones to be accepted as a lucrative alternative. Not only the slowing growth of chemical pesticides, but also the benefits which are offered to its consumers by agricultural pheromones such as species specificity have resulted in an efficient pest-eradicating technique with no effect on the environment. Control and treatment have been applied on almost every category of crops which are grown in almost all around the world such as fruit and vegetable crops. For example, the method is highly efficient in vegetables such as cabbage and tomato as well as fruits such as apple and peers.

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Trends of the agricultural pheromones market vary across different geographical regions. The agricultural pheromones market currently holds a prominent share in various countries of North America, Europe, Asia-Pacific (APAC), and Rest-of-the-World (RoW). North America is at the forefront of the market with high market penetration rate in the U.S., Mexico, and others, which are expected to display robust market growth in the coming five years.

Europe generated the highest revenue in the agricultural pheromones market in 2018, followed by the North American region. European is one of the largest regions in terms of the availability of land for agriculture and hence has experienced immense infestation through harmful pest species over a long period of time. Moreover, the pheromones market in the region has been experiencing a rapid growth rate in the past few years, owing to the increasing environmental concerns which have led the authorities to regulate the incorporation of harmful chemical pesticides, hence increasing the acceptance of agricultural pheromones in the region.

Asia-Pacific is an emerging region in the agricultural pheromones industry. Asia-Pacific includes large areas of agriculture land and is also a home to many fruit and vegetable crops grown majorly in countries such as India, China, Australia, and New Zealand. These countries are also actively involved in foreign trading including both imports and exports of agricultural products and commodities. All such factors have made the area more vulnerable to pest infestations and hence led to the active adoption of agricultural pheromone products. In countries such as India, ‘Make in India’ initiative also has opened new horizons of investments through authorities and has seen many companies capitalizing on the opportunities.

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Among all the major countries, the U.S. generated the highest revenue in 2018, since it is a significantly prone country to infestation through trade. The U.S. is one of the major processors of fruits and vegetables and hence depicts a higher demand for almost every agricultural commodity which is applied into the processing industry.

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Categories Agriculture , News , Research
Tags agricultural pheromones , agricultural pheromones market , agriculture
Last Updated October 8, 2020