Pheromones Market in Agriculture by Crop Type, Application, Mode of Application, Type And Region - Global Forecast to 2022

NEW YORK, Oct. 16, 2017 /PRNewswire/ -- "The pheromones market in agriculture is projected to grow at a CAGR of 16.26%."
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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"Fruits & nuts segment dominated the pheromones market in 2016."
On the basis of crop type, the fruits & nuts segment dominated the pheromones market in agricultural applications in 2016 as the higher costs of pheromone application are suitable for low-volume, high-value crops such as fruits & nuts.

"Dispenser mode of application led the market in 2016."
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.

"South America is projected to grow at the highest rate during the forecast period."
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).

Breakdown of the profile of primary participants is as follows:
? By Company Type: Tier I ? 70 %, Tier II ? 10%, and Tier III ? 20%
? By Designation: C level ? 15%, D level ? 10%, and Others ? 75%
? By Region: Asia Pacific ? 40%, Europe ? 20%, North America ? 10%, and RoW ? 30%

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).

Research Coverage:
? This study estimates the global pheromones market in agriculture, in terms of value, till 2022, segmented on the basis of crop type, application, mode of application, type, and region.
? It offers a detailed qualitative and quantitative analysis of this market with reference to the competitive landscape, and the preferred development strategies such as investments & agreements, expansions, new product launches, and acquisitions to gain a larger share of the market.
? It provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues of the market.
? It covers various important aspects of the market. These include analysis of the value chain, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the pheromones market.

Reasons to buy this report:
From an insight perspective, this research report has focused on various levels of analysis?supply chain analysis, patent analysis, competitive landscape mapping, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the pheromones market in agriculture; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
? Market Penetration: Comprehensive information on pheromones offered by the top players in the market.
? Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the pheromones market.
? Market Development: Comprehensive information about lucrative emerging markets?the report analyzes the agricultural markets for pheromones across various regions.
? Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the pheromones market for agricultural applications.
? Competitive Assessment: In-depth assessment of the market share, strategies, products, and manufacturing capabilities of the leading players in the pheromones market.

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