Pune, April 21, 2022 (GLOBE NEWSWIRE) — The world pheromone market in agriculture is driven by several factors such as the implementation of more sustainable farming practices i.e. integrated pest management to reduce toxicity inflicted on the environment and improve overall agricultural production. Additionally, the increasing preference of pheromones in agriculture can be attributed to target specificity and ease of application of pheromones. This helps in controlling several forms of pests, thus contributing largely to the growth of the global pheromones in agriculture market. However, the high initial investment cost and regular maintenance cost are hampering the growth of this market.
The global market for pheromones in agriculture is estimated to reach over US$12.3 billion by 2030. It is expected to grow at a CAGR of 16.49% from 2022 to 2030.
Pheromone Market by Region
The global pheromones in agriculture market can be segmented into North America, Europe, Asia-Pacific, and Rest of the World (ROW). North America has been dominating the agriculture pheromone market market. The dominance of North America in the global pheromones in agriculture market over the forecast period can be attributed to factors such as large cultivated area and growing need for orchards which mainly include fruit crops or nuts. Additionally, increasing adoption of integrated pest management practices has increasingly contributed to the growth of the market in this region.
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- COMPANY PROFILES (Business Overview, Types Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analysts Corner)*
- ISAGRO SpA
- Russell IPM Ltd
- Pacific Biological Control Society
- Shin-Etsu Chemical Co.,Ltd
- Agrochem Laboratory, SL
- Biobest Group SA
- Bedoukian Research, Inc.
The vendor assessment includes an in-depth analysis of how the vendors meet demand in the Pheromones Market. The MDC Competetive Scape model was used to assess the qualitative and quantitative information for this assessment. MDC’s Competitive Scape is a structured method to identify key players and describe their strengths, relevant characteristics and outreach strategy. MDC’s Competitive Scape enables organizations to analyze the environmental factors that influence their business, set goals and identify new marketing strategies. MDC Research analysts conduct in-depth investigation into solutions, services, programs, marketing, organization size, geographic focus, organization type, and vendor strategies.
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Business ecosystem analysis
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Regions and countries covered
North America (US, Canada), Europe (Germany, UK, France, Spain, Italy and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia- Pacific) and Rest of the World (Row)
Pheromone Market Dynamics, Impact of Covid-19 on the Pheromone Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Industry Outlook, Economic Analysis, Segmental Analysis, Market Sizing pheromone market, analysis charts
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Supplier Profiles Covered
All major Tier 1, 2 and 3 companies are covered in this Pheromone Market report (25 Vendor Profiles)
Answers to key questions in this report:
- What is the potential of the Pheromones market?
- What is the impact of COVID-19 on the global Pheromones market?
- What are the key strategies adopted by companies in the Pheromones market?
- What are the challenges faced by SMEs and major vendors in the Pheromones Market?
- Which region has the highest investments in the Pheromones market?
- What is the latest research and activity for the Pheromones Market?
- Who are the key players in the Pheromones market?
- What is the potential of the Pheromones market?
Additional vendor profiles can be added based on customer business needs
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