Agriculture Insect Pheromones Market:
The global report on the agriculture insect pheromones market is showing growth possibilities that would depend substantially on the advancement of technologies, better inclusion of technologies, demand to curb the use of pesticides, growing government initiatives, increasing expenditure in research and development projects, and others would be reasons behind the easy growth of the agricultural insect pheromones market. Market Research Future (MRFR) discussed all these points in detail to understand how the market would shape up in the coming days.
But there are several factors that can also prevent the agricultural insect pheromones market from achieving significant growth. These factors would be a high cost of such impacting chemicals, the need for better investment from farmers, climatic conditions, and others.
Segmentation:
The global report on the agricultural insect pheromones market has been studied by keeping in focus segments like crop type, application, mode of application, and type. These segments have substantial pointers that would help in a proper assessment of the market growth.
By type, the report on the global agricultural insect pheromones market can be segmented into aggregation pheromones, sex pheromones, and others. The aggregation pheromones segment would dominate the growth pattern substantially.
By crop type, the report on the global agricultural insect pheromones market can be segmented into field crops, vegetables, fruits nuts, and others. Various field crops segment would see substantial growth in the market.
By mode of application, the report on the global agricultural insect pheromones market integrates sprayers, dispensers, and traps.
By application, the global report on the agricultural insect pheromones market can be segmented into monitoring, trapping, and mating disruption.
Regional Analysis:
The global market report on agriculture insect pheromones holds various insights related to growth pockets, which upon exploration, would reveal strong market growth possibilities. North America would take charge of the global market as the region is spending substantially to develop technologies and creating scope for its easy integration. Hike in expenditure related to research and development would ensure strong growth possibilities. The US and Canada are two major countries with substantial growth possibilities.
Europe is also on the course to record substantial growth during the forecast period. This would be possible as several countries are putting an emphasis on their supply of food to meet the regular requirement. In the Asia Pacific region, quite a few countries are agrarian in nature and these countries would generate substantial revenues by incorporating such technologies. Various fruit and field crop growers would dominate the regional intake of the agriculture insect pheromones. The regional agriculture insect pheromones market would be the fastest-growing as well.
Competitive Landscape:
The global market on the agriculture insect pheromones is getting backed by strategic developments of various companies like ISAGRO (Italy), Biobest (Belgium), Suterra (US), BIOCONT LABORATORY (Czech Republic), ISCA Technologies (US), Russell IPM (UK), Pherobank (Netherlands), Pacific Biocontrol Corporation (US), Bedoukian Research (US), Exosect (UK), Troy Biosciences (US), and Laboratorio Agrochem, SL (Spain). These segments are known for their exclusive contributions through various strategic mediums to increase the growth possibilities of the agriculture insect pheromones market.
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Industry News:
In February 2020, a Vancouver-based startup SemiosBio raised USD 102 million as its fund to develop technologies that would prevent the growth of pests in the agricultural fields.
In January 2020, researchers from Cornell University said the diamondback moths of the Oxitec Ltd. is a success. The moth carries a self-limiting gene, which could reduce the use of pesticides.
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