Global Agricultural Pheromones Market Overview
Agricultural Pheromones Market Size was valued at USD 3.4 Billion in 2022. The Agricultural Pheromones market is projected to grow from USD 4.0 Billion in 2023 to USD 13.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.50% during the forecast period (2023 - 2032). Growing use of integrated pest control techniques and rising demand for crop protection products are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
IPM practises emphasise long-term pest avoidance along with cultural and biological treatments, habitat modification, the adoption of resistant cultivars, and other methods. Agriculture pheromones and IPM work together to provide protection from pests while posing the fewest dangers. This guarantees both cost-cutting and profit maximisation. The best strategy is to mass trap the pests and destroy them selectively while posing no threat to the environment or human health. To effectively catch moths and fruit flies and stop them from harming fruit and vegetable crops, many farmers employ pheromone traps like tube traps and board traps. Additionally, governments from many nations support pheromones to lessen the effects of harmful chemicals. For instance, the Indian Ministry of Agriculture & Farmers Welfare is encouraging IPM among farmers by providing them with training and planning a number of Human Resource Development (HRD) programmes, which is anticipated to accelerate the expansion of the global market.
Insecticides are heavily used in the current agricultural system to guarantee pest eradication and high yield. These xenobiotics, however, negatively affect the ecosystem, parasites, helpful natural predators, and human health. Thus, the introduction of alternative crop protection strategies has been prompted by growing knowledge of the negative consequences of pesticides. Many growers of horticulture use sex pheromones and attractants to efficiently control pests and insects that harm their crops. The industry's considerable research and development efforts to increase the effectiveness of these goods also contribute to the market's growth. For instance, the Earlham Institute in England finds and confirms biosynthetic enzymes that create the Coccoidea insect superfamily's pheromones.
Insecticides and pesticides are heavily used in the current agricultural system to guarantee pest eradication and increase productivity. These insecticides, however, have a detrimental effect on both the environment and human health. Therefore, the use of alternative crop protection strategies, such as insect pheromones, has expanded as a result of growing understanding of the psychological effects of pesticides. Thus, driving the Agricultural Pheromones market revenue.
The Agricultural Pheromones Market segmentation, based on Type, includes sex pheromones, aggregation pheromones, and other types (alarms pheromones, host-marking pheromones, and trail pheromones). Sex pheromones segment dominated the global market in 2022. The high utilization of sex pheromones is due to their species-specific nature, the fact that they are active even when present in very minute concentrations, and the fact that they are not poisonous to humans or other animals. Lepidopteran sex pheromone use is also regarded as safe by regulatory bodies in many nations, including the California Environmental Protection Agency.
The Agricultural Pheromones Market segmentation, based on Function, includes mating disruption, detection & monitoring, and mass trapping. Mating disruption segment dominated the global market in 2022. Using sex pheromones, either female or male, to stop insects from locating one other and mating is referred to as mating disruption. Due to its capacity to lower the pest population, sexual disruption pheromones have a higher success rate. It is a widely established method for eradicating pests from woods, fruit trees, and vegetable crops.
The Agricultural Pheromones Market segmentation, based on the Mode of Application, includes dispensers, traps, and sprays. Dispensers segment dominated the Agricultural Pheromones Market in 2022. Agricultural pheromones are most commonly applied with dispensers since they are simple to use in the field, non-toxic, affordable to make, and don't lose active components. Depending on the pest pressure, it aids in the deployment of pheromones and other bioactive substances.
The Agricultural Pheromones Market segmentation, based on Crop Type, includes fruits & nuts, field crops, vegetable crops, and other crop types (plantation crops, alfalfa, and ornamental crops). The fruits & nuts segment dominated the Agricultural Pheromones Market in 2022. Due to their extensive cultivation for the production of fruits, nuts, and the high demand for high-value horticultural commodities, orchard crops are the most common crop varieties. Pests including the peachtree borer, codling moth, and oriental fruit fly are more likely to affect these crops. As a result, the product is being used more frequently in the horticultural industry.
Figure 1: Agricultural Pheromones Market, by Crop Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Agricultural Pheromones Market dominated this market in 2022 (45.80%). This is due to the extensive use of integrated pest management strategies for crop protection throughout the area. The governments of the United States and Canada support the use of sustainable agrochemicals for crop protection. The regional market is fueled in part by a number of well-known local companies that produce agricultural pheromones, including ISCA Technologies Inc. and Suterra LLC. Further, the U.S. Agricultural Pheromones market held the largest market share, and the Canada Agricultural Pheromones market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: AGRICULTURAL PHEROMONES MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Agricultural Pheromones market accounted for the healthy market share in 2022. The demand for efficient crop protection solutions has expanded as the horticulture industry has grown in a number of European nations, including Spain, France, and the United Kingdom. The significant need for natural pest management methods and agrochemicals for important fruit crops, including plums, grapes, peaches, and apples, contributes to the price of the product. Further, the German Agricultural Pheromones market held the largest market share, and the U.K Agricultural Pheromones market was the fastest growing market in the European region
The Asia Pacific Agricultural Pheromones market is expected to register significant growth from 2023 to 2032. Farmers in Asia and the Pacific are increasingly using agricultural pheromones to increase crop productivity and increase earnings. In order to lower the overall production cost of the product and increase its efficacy, unique and affordable active components are increasingly being incorporated into the products, which is boosting the regional market. The sales momentum of agricultural semiochemical goods is being driven by the increased awareness regarding product application and its benefits for yield improvement and reducing agricultural damage caused by pests and insects. Moreover, China’s Agricultural Pheromones market held the largest market share and the Indian Agricultural Pheromones market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Agricultural Pheromones market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Agricultural Pheromones industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Agricultural Pheromones industry to benefit clients and increase the market sector. In recent years, the Agricultural Pheromones industry has offered some of the most significant advantages to medicine. Major players in the Agricultural Pheromones market, including Russell IPM, Shin-Etsu Chemical Company, Isagro S.p.A., Biobest Group, SEDQ Healthy Crops SL, ISCA Global, Suterra LLC, Provivi, Inc., Koppert Biological Systems, and Pacific Biocontrol Corporation, are attempting to increase market demand by investing in research and development Types.
A chemical corporation is BASF SE (BASF). Chemicals, polymers, crop protection products, and performance goods are produced, marketed, and sold by it. Solvents, adhesives, surfactants, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides are among the company's product offerings. Construction, furniture and wood, agricultural, electronics and electrical, paints and coatings, automotive, home care, nutrition, chemicals, and other industries are among the many that the company serves. R&D is conducted by BASF in collaboration with international clients, partners, and scientists. A global network of production sites supports the company's operations. It is present throughout North America, Europe, Asia Pacific, South America, Africa, and the Middle East. The headquarters of BASF are in Ludwigshafen, Germany.
Chemical firm FMC Corp. (FMC) caters to the agricultural industry. It creates, distributes, and retails fungicides, herbicides, and insecticides. These chemicals are used in non-agricultural sectors for pest management as well as in agriculture to improve crop yield and quality by controlling a wide range of insects, weeds, and diseases. A wide range of pests are controlled by the use of insecticides, and a wide range of weeds that are challenging to eradicate are targeted by the herbicide portfolio. Additionally, it makes investments in a plant health programme that uses micronutrients, seed treatments, and biological crop protection products. It has facilities throughout Asia, South America, the Middle East, and Africa, among other continents.
November 2021Â Suterra, a pioneer in environmentally friendly pheromone pest control, joined forces with Phytech.
Agricultural Pheromones Type Outlook
Agricultural Pheromones Function Outlook
Agricultural Pheromones Mode of Application Outlook
Agricultural Pheromones Crop Type Outlook
Agricultural Pheromones Regional Outlook
North America
Europe
Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)