PUBLISHER: Lucintel | PRODUCT CODE: 1418089
PUBLISHER: Lucintel | PRODUCT CODE: 1418089
Pheromones Trends and Forecast
The future of the global pheromones market looks promising with opportunities in the detection & monitoring, mass trapping, and mating disruption markets. The global pheromones market is expected to reach an estimated $10.17 billion by 2030 with a CAGR of 16.0% from 2024 to 2030. The major drivers for this market are rising acceptance of sustainable agriculture practices, pest management techniques and increasing use of semi-chemicals for pest control.
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Pheromones by Segment
The study includes a forecast for the global pheromones by type, crop type, application, and region.
List of Pheromones Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pheromones companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pheromones companies profiled in this report include-
Pheromones Market Insights
Lucintel forecasts that aggregation pheromone will remain the larger segment over the forecast period due to wide applications in agriculture sector.
Within this market, detection & monitoring will remain the largest segment because it helps in detecting & monitoring insect pest control.
North America is expected to witness highest growth over the forecast period due to increasing demand of certain foods and vegetable.
Features of the Global Pheromones Market
Market Size Estimates: Pheromones market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pheromones market size by type, crop type, application, and region in terms of value ($B).
Regional Analysis: Pheromones market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, crop types, applications, and regions for the pheromones market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pheromones market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the pheromones market size?
Answer: The global pheromones market is expected to reach an estimated $10.17 billion by 2030.
Q2. What is the growth forecast for pheromones market?
Answer: The global pheromones market is expected to grow with a CAGR of 16.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the pheromones market?
Answer: The major drivers for this market are rising acceptance of sustainable agriculture practices, pest management techniques and increasing use of semi-chemicals for pest control.
Q4. What are the major segments for pheromones market?
Answer: The future of the pheromones market looks promising with opportunities in the detection & monitoring, mass trapping, and mating disruption markets.
Q5. Who are the key pheromones market companies?
Answer: Some of the key pheromones companies are as follows.
Q6. Which pheromones market segment will be the largest in future?
Answer: Lucintel forecasts that aggregation pheromone will remain the larger segment over the forecast period due to wide applications in agriculture sector.
Q7. In pheromones market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing demand of certain foods and vegetable.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.