Product ID: UCMIG15C2014
Agricultural Pheromones Market Size, Share, Growth Analysis, By Type(Sex Pheromones, Aggregation Pheromones), By Function(Mating Disruption, Detection & Monitoring), By Application(Dispensers, Traps), By Crop Type(Field Crops, Orchard Crops), By Regions(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG15C2014 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Agricultural Pheromones Market Insights
Market Overview:
The market size of the global agricultural pheromones was valued at USD 3.18 billion in 2021, and it is expected to grow significantly during the forecast period. The market is projected to exhibit a CAGR of 16.67%, with a projected increase from USD 3.66 billion in 2022 to USD 10.78 billion by 2029. However, the global COVID-19 pandemic has caused a decline in the demand for agricultural pheromones across all regions, as compared to pre-pandemic levels. According to analysis, the global market exhibited a decline of 7.13% in 2020 compared to 2019.
Agricultural Pheromones Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Fertilizers & Agricultural Chemicals by segment aggregation, the contribution of the Fertilizers & Agricultural Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Agricultural Pheromones Market Report Snapshots
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