Soar in Agricultural Production due to Booming Population is proliferating the Global Agricultural Pheromones Market Growth

The demand for agricultural pheromones is surging due to rising concern among customers about toxicity associated with synthetic chemical pesticides, increasing preference toward pheromones to treat crop, soar in agricultural production due to booming population. Besides these, burgeoning demand for insecticides in crop production lands, adoption of sustainable agriculture practice along with propelling demand for organic fruits and vegetable, and snowballing inclination toward the adoption of integrated pest control strategies are the driving placing lucrative opportunity for the growth of the Global Agricultural Pheromones Market in the forecast period.

Based on Type, Sex Pheromones acquired the majority market share due to an upsurge in the adoption of sex pheromones for detection & monitoring techniques and to control both male and female pest populations. Besides this, the Aggregation Pheromones segment is also projected to grow at robust in the forthcoming timeline.

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Asia-Pacific is projected to register fastest growth due to boost in the export of fruits from countries, growing awareness regarding the benefits of organic fruits and vegetable and growing funding in research process and burgeoning inclination toward precision agriculture system. Moreover, rise in government regulations to upsurge the research and production processes and escalating presence of international player fueling the market growth. North America dominated the Global Agricultural Pheromones market in 2020 due to rising technological advancement in agricultural technique. US grabbed the highest market share in the North America market on account of rise in government support to encourage sustainable agrochemical, snowballing need for green pest control in agriculture and implementation of pest management solutions for crop production.

The key players with a considerable market share in the Global Agricultural Pheromones market are Russell IPM, Shin-Etsu Chemical Company, Isagro S.p.A., Biobest Group, SEDQ Healthy Crops SL, ISCA Global, Suterra LLC, Provivi, Inc., Koppert Biological Systems, Pacific Biocontrol Corporation etc.