In 2023, the sales of insect attractants straight chain lepidopteran pheromones (SCLPs) in France stood at approximately 98.2 thousand kilograms. From 2024 to 2028, SCLP sales are forecasted to grow consistently, showing a steady year-on-year increase from 106.06 thousand kilograms in 2024 to 139.25 thousand kilograms in 2028. This trend reflects a robust demand with a compound annual growth rate (CAGR) of around 7% over the five-year period.
Future trends to watch for include:
- Technological advancements in pheromone production that could enhance efficiency and scalability.
- Regulatory developments and environmental policies that may impact market dynamics.
- Growth of organic and sustainable agriculture, potentially increasing demand for eco-friendly pest control solutions.
- Potential market entry of new competitors or substitute products which could affect pricing and market share.