Plant Growth Regulators Market Research Report Pheromones Market in Agriculture | Page 2

The report "Pheromones Market in Agriculture by Crop Type (Field Crops, Fruits & Nuts,
Vegetables), Application (Mating Disruption, Mass Trapping, Detection & Monitoring),
Mode of Application (Traps, Dispensers, Sprays), Type, and Region - Global Forecast to
2022", The pheromones market in agriculture is projected to grow at a CAGR of 16.26%
from an estimated value of USD 1.99 Billion in 2017 to reach USD 4.23 Billion by 2022.
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The market is driven by factors such as the successful implementation of integrated pest
management practices for sustainable agriculture, growing research and cost-effective
production processes, and the impact of pheromones on the reduced application of
insecticides. Moreover, the demand is increasing in developing countries such as India and
China where various schemes to incorporate sustainable agricultural practices has become a
growing trend.