What is the expected growth of the pheromones market?
The pheromones market is projected to grow at a remarkable 16% CAGR from 2023 to 2030, fueled by increasing demand for sustainable pest control solutions.
What are the key drivers of the pheromones market growth?
Growing awareness of the harmful effects of pesticides, rising adoption of integrated pest management practices, and advancements in pheromone technology are driving market expansion.
Which type of pheromone holds the largest market share?
Sex pheromones currently dominate the market due to their species-specificity and effectiveness in pest control.
How is the COVID-19 pandemic impacting the pheromones market?
While initial disruptions occurred, the pandemic is expected to drive future growth due to a focus on resilient and sustainable agricultural practices.