Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
agricultural pheromones market operates within the realm of agricultural practices, where farmers and growers utilize pheromones to manage pest populations, enhance crop yields, and optimize agricultural production. Market dynamics within this sector are influenced by various factors, including technological advancements, regulatory frameworks, environmental concerns, and shifting consumer preferences.
One significant factor shaping the agricultural pheromones market is the increasing awareness and adoption of sustainable farming practices. With growing concerns about environmental sustainability and the adverse effects of chemical pesticides on ecosystems, farmers are increasingly turning to alternative pest management strategies, including pheromones. Pheromones offer a non-toxic and environmentally friendly solution for pest control, aligning with the growing demand for organic and eco-friendly agricultural products.
Technological advancements also play a crucial role in driving market dynamics within the agricultural pheromones sector. Advances in formulation technologies, such as microencapsulation and controlled release systems, have improved the efficacy and longevity of pheromone-based products. Additionally, innovations in monitoring and delivery systems, such as automated dispensers and precision agriculture techniques, have facilitated the integration of pheromones into mainstream agricultural practices, further fueling market growth.
Moreover, regulatory frameworks governing the use of pesticides and agrochemicals also influence the dynamics of the agricultural pheromones market. Stringent regulations aimed at reducing the use of synthetic pesticides and promoting sustainable farming practices have led to increased support and incentives for pheromone-based pest management solutions. Government initiatives promoting integrated pest management (IPM) and organic farming practices have created favorable conditions for the adoption of pheromones in agriculture.
Market dynamics are also shaped by the dynamics of pest populations and their interactions with agricultural ecosystems. The prevalence and distribution of pest species, as well as environmental factors such as climate change and habitat loss, can impact the demand for pheromone-based products. Additionally, the emergence of new pest species and resistance to conventional pesticides drive the need for alternative pest management strategies, driving demand for agricultural pheromones.
Furthermore, market dynamics within the agricultural pheromones sector are influenced by factors such as market consolidation, competition, and supply chain dynamics. The presence of established players and the entry of new entrants contribute to competitive pressures and innovation within the market. Additionally, partnerships and collaborations between industry stakeholders, including manufacturers, distributors, and research institutions, play a vital role in shaping market dynamics and driving growth.
In conclusion, the agricultural pheromones market is characterized by dynamic forces driven by technological advancements, regulatory frameworks, environmental concerns, and changing consumer preferences. As the demand for sustainable pest management solutions continues to rise, the market for agricultural pheromones is expected to witness steady growth, driven by innovation, regulatory support, and evolving agricultural practices.
Agricultural Insect Pheromones Market Highlights:
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
- US
- Canada
- Mexico
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
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
