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Global Pheromones Based Biopesticides Market, By Type (Sex Pheromones, Aggregation Pheromones, Others), Crop Type (Fruits and Nuts, Field Crops, Vegetable Crops, Others), Function (Detection and Monitoring, Mass Trapping, Mating Disruption), Application Mode (Dispensers, Traps, Sprays), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Pheromones based biopesticides market is likely to reach USD 0.704 billion by 2028 and is expected to expand at a compound annual growth rate of 9.90% over the forecast period of 2021 to 2028. The high growth in organic agricultural practices is the factor for the pheromones based biopesticides market in the forecast period of 2021 to 2028.
Pheromones provides the new environmentally safe approach used for insect control. The pheromones are a set of semiochemicals which insects and other animals discharge to correspond with other individuals of same species.
The pheromones based biopesticides market is expected to gain growth, due to the impact of climatic changes on pest proliferation. Also the rise in acceptance of organic food and high costs related with the development of synthetic crop protection products are also expected to drive the market for pheromones based biopesticides over the forecast period of 2021 to 2028. The strong demand for high-value crops and rapid advancements in integrated pest management solutions are also likely to lift the growth of the pheromones based biopesticides market. Also the rise in the supportive regulations for semiochemicals, ban on chemical pesticide and increase in the awareness programs by government agencies are also the major driving factors leading towards the growth of the pheromones based biopesticides market.
However, the high cost of active ingredients, presence of counterfeit products and high cost of maintenance expected to curb the growth of the pheromones based biopesticides market in the above mentioned forecast period, whereas the lack of awareness and low utilization of biologicals and development of multi-target pest pheromone dispensers can challenge the growth of the target market.
In addition, the rapid advancements in microbial research, pest developing resistance to crop protection chemicals and increase in the usage of biologicals are expected to accelerate various growth opportunities that will enhance the growth of the pheromones based biopesticides market in the forecast period of 2021 to 2028.
This pheromones based biopesticides market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on pheromones based biopesticides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Pheromones based biopesticides market is segmented on the basis of type, crop type, function and application mode. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Pheromones based biopesticides market is analyses and market size, volume information is provided by country, type, crop type, function and application mode as referenced above.
The countries covered in the pheromones based biopesticides market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America leads and will also continue to foster the pheromones based biopesticides market in the forecast period because of the interest in green agricultural practices as well as the rise in consumer demand for organic food.
The country section of the pheromones based biopesticides market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Pheromones based biopesticides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pheromones based biopesticides market.
The major players covered in the pheromones based biopesticides report are BASF SE, Bayer AG, Novozymes, Syngenta AG, FMC Corporation, UPL, Koppert Biological Systems, Isagro, Biobest Group NV, Suterra, Nufarm, Certis USA L.L.C., Russell IPM Ltd., ISCA, AgriLife, Bioline Agrosciences Ltd., Vegalab SA, Valent BioSciences LLC, Andermatt Biocontrol AG and Varsha Bioscience and Technology India Pvt Ltd., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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