Plant Growth Regulators Market Research Report Pheromones Market in Agriculture | Page 4

Field crops are projected to be one of the important crop type segments in the pheromones
market
The large cultivated area under field crops such as cotton, corn, rice, and sugarcane in
developing regions of Asia Pacific and South America are projected to drive the application of
insect pheromones in this segment for Integrated Pest Management (IPM) practices.
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Significant competition to capitalize the market potential among international
manufacturers in the South American region
Rising export quality requirements for agricultural products and increasing adoption of IPM
practices in important fruit-growing nations such as Brazil and Chile are expected to drive the
demand for pheromones among the crop growers in the South American region during the
forecast period. This would increase the inflow of many international manufacturers to set up
their business units and distribution networks thereby leading to a strong market
competition.