Agricultural Insect Pheromones Market Overview
Agricultural Insect Pheromones Market Size was valued at USD 2.40 billion in 2023. The Agricultural Insect Pheromones Market industry is anticipated to grow from USD 2.78 billion in 2024 to USD 10.38 billion by 2032, exhibiting a CAGR of 17.88% during the forecast period (2024-2032).
Agricultural insect pheromones are chemical signals that are used to trap, monitor, or disrupt insects that cause harm to fields. Pheromones are hormones secreted by insects to communicate with each other. Advances in technology and agricultural techniques have enabled farmers and market players to use insect pheromones as an integrated pest management method. The global agricultural insect pheromones market is projected to register a notable CAGR during the forecast period due to the surging adoption of sustainable agricultural practices. Farmers are opting for integrated pest management techniques including insect pheromone traps to maintain the economic threshold level (ETL) of insects in the field. Moreover, increasing government initiatives to promote the use of semiochemicals for pest control are also driving market growth.
The major factors hampering the growth of the global agricultural insect pheromones market are the high cost of such active chemicals, prolonged R&D process, and need for high investments by farmers to set up and maintain insect pheromone traps. Moreover, uncertain climatic conditions are also hampering the growth of the global agricultural insect pheromones market.
Agricultural Insect Pheromones Market Segmentation
The global agricultural insect pheromones market has been segmented based on type, crop type, mode of application, application, and region.
By type, the global agricultural insect pheromones market has been classified as sex pheromones, aggregation pheromones, and others.
Based on crop type, the global agricultural insect pheromones market has been classified as fruits and nuts, field crops, vegetables, and others.
The global agricultural insect pheromones market has also been segregated, on the basis of mode of application, into dispensers, sprayers, and traps.
By application, the global agricultural insect pheromones market has also been classified as trapping, monitoring, and mating disruption.
The global agricultural insect pheromones market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American agricultural insect pheromones market has further been segmented into the US, Canada, and Mexico. The European agricultural insect pheromones market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The agricultural insect pheromones market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The agricultural insect pheromones market in the rest of the world has been segmented into South America, the Middle East, and Africa.
Key Players
Biobest (Belgium), ISAGRO (Italy), BIOCONT LABORATORY (Czech Republic), Suterra (US), Russell IPM (UK), ISCA Technologies (US), Bedoukian Research (US), Pherobank (Netherlands), Troy Biosciences (US), Exosect (UK), Pacific Biocontrol Corporation (US), and Laboratorio Agrochem, SL (Spain) are some of the key players in the global agricultural insect pheromones market.
Agricultural Insect Pheromones Market Share (%), by Region, 2020
Source: Secondary Sources and MRFR Analysis
North America is expected to dominate the global agricultural insect pheromones market during the review period owing to the high adoption of insect pheromone traps over conventional insecticides. However, the market in Asia-Pacific is expected to register the highest growth rate during the forecast period due to the increasing presence of market players in the region and rising adoption of insect pheromone traps by several fruit and field crop growers.
Recent Developments
- Biocontrol Technologies Inc.: Launched "Spodoptera litura Granulovirus (Spolcaf)" in September 2023. This biopesticide utilizes a pheromone lure to attract and control the fall armyworm, a major agricultural pest.
- Bio-Gene: Introduced its "BioLine Phero-Lure" range in August 2023. This range offers pheromone lures for various insects, including codling moths, fruit flies, and leafminers.
Agricultural Insect Pheromones Market, by Type
- Sex Pheromones
- Aggregation Pheromones
- Others
Agricultural Insect Pheromones Market, by Crop Type
- Fruits and Nuts
- Field Crops
- Vegetables
- Others
Agricultural Insect Pheromones Market, by Mode of Application
- Dispensers
- Sprayers
- Traps
Agricultural Insect Pheromones Market, by Application
- Trapping
- Monitoring
- Mating Disruption
Agricultural Insect Pheromones Market, by Region North America
Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia and New Zealand
- Rest of Asia-Pacific
Rest of the World (RoW)
- South America
- Middle East
- Africa
Key Players in the Global Agricultural Insect Pheromones Market
- Biobest (Belgium)
- ISAGRO (Italy)
- BIOCONT LABORATORY (Czech Republic)
- Suterra (US)
- Russell IPM (UK)
- ISCA Technologies (US)
- Bedoukian Research (US)
- Pherobank (Netherlands)
- Troy Biosciences (US)
- Exosect (UK)
- Pacific Biocontrol Corporation (US)
- Laboratorio Agrochem, SL (Spain)
Intended Audience
-
- Insect pheromone manufacturers
- Pheromone exporters and importers
- Pheromone raw material suppliers
- Crop protection product manufacturers
- Agricultural associations
- Insect trap manufacturers
Report Attribute/Metric
|
Details
|
Market Size 2023
|
USD 2.40 Billion
|
Market Size 2024
|
USD 2.78 Billion
|
Market Size 2032
|
USD 10.38 Billion
|
Compound Annual Growth Rate (CAGR)
|
17.88% (2024-2032)
|
Base Year
|
2024
|
Market Forecast Period
|
2024-2032
|
Historical Data
|
2020-2022
|
Market Forecast Units
|
 Value (USD million)
|
Report Coverage
|
 Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
Segments Covered
|
By Type, By Crop Type, By Mode of Application, and By Region
|
Geographies Covered
|
 North America, Europe, Asia-Pacific, and Rest of the World (RoW)
|
Countries Covered
|
The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea
|
Key Companies Profiled
|
Biobest (Belgium), ISAGRO (Italy), BIOCONT LABORATORY (Czech Republic), Suterra (US), Russell IPM (UK), ISCA Technologies (US), Bedoukian Research (US), Pherobank (Netherlands), Troy Biosciences (US), Exosect (UK)
|
Key Market Opportunities
|
 High cost of such active chemicals, prolonged R&D process
|
 Key Market Drivers      Â
|
 Surging adoption of sustainable agricultural practices
|
Agricultural Insect Pheromones Market Highlights:
Frequently Asked Questions (FAQ) :
Agricultural insect pheromones market is driven the adoption of sustainable agricultural practices.
High cost of active chemicals and need for high investments by farmers are factors that can hamper the global insect pheromones market.
North America can dominate the global agricultural insect pheromones market due to adoption of insect pheromone traps.
APAC can register the highest growth rate in the global agricultural insect pheromones market.
Exosect, Suterra, Laboratorio Agrochem, SL, ISAGRO, Bedoukian Research, ISCA Technologies, Pacific Biocontrol Corporation, Troy Biosciences, Russell IPM, BIOCONT LABORATORY, Biobest, and Pherobank are notable players of the global agricultural insect pheromones market.