Agricultural Pheromones Market Industry Trends, Share, Size, Growth And Forecast (2024-2030)

Agricultural Pheromones Market Overview:

The global Agricultural Pheromones market was valued at USD 4.26 billion in 2023, and it is projected to reach USD 11.34 billion by 2030, growing at a CAGR of 15% from 2024 to 2030. Agricultural pheromones are chemicals used to manage and monitor pests and insects in agricultural practices. These natural compounds play a key role in integrated pest management (IPM), offering a sustainable alternative to traditional chemical pesticides. The growing preference for eco-friendly and organic farming practices, along with the European Union’s prohibition of harmful insecticides, is expected to significantly drive market growth in the coming years.

Agricultural Pheromones Market Scope:

The market is witnessing a shift towards non-chemical solutions to manage pest populations effectively. Agricultural pheromones, including mating disruption, monitoring, and mass trapping, have gained widespread acceptance for pest control across various crop types. The demand for these products is fueled by the increasing need for sustainable agricultural practices, the reduction of chemical pesticide usage, and the growing global population requiring more food production.

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Market Drivers:

1. Climate Change and Pest Proliferation: Rapid changes in climatic conditions have led to an increase in plant pests and diseases, driving the demand for effective pest control solutions. As crops become more susceptible to pests, farmers are turning to agricultural pheromones as a reliable solution.
2. Declining Use of Chemical Pesticides: The rise of environmental and health concerns over chemical pesticide usage has prompted a shift toward integrated pest management (IPM) strategies. Agricultural pheromones are a safer and more sustainable alternative.
3. Increased Awareness of Organic Farming: Consumer preferences are leaning towards organic and pesticide-free food, prompting farmers to adopt sustainable practices, including the use of pheromones for pest control.

Market Trends:

• Rising Adoption of Integrated Pest Management (IPM): Farmers are increasingly integrating biological, cultural, and chemical control methods, with pheromones being a key component in reducing environmental risks.
• Technological Advancements in Pheromone Delivery: Innovations in dispenser and trap technologies are making the application of pheromones more efficient, increasing their adoption in large-scale agriculture.
• Focus on Clean and Organic Labels: With consumers becoming more conscious of the environmental impact of farming practices, the demand for clean, pesticide-free crops is surging, driving the growth of the agricultural pheromones market.

Segmentation:

1. By Function:
   • Mating Disruption
   • Detection & Monitoring: Expected to grow rapidly at a CAGR of XX% during the forecast period. Pheromones used for detection and monitoring help identify pest populations and anticipate pest outbreaks.
   • Mass Trapping
2. By Mode of Application:
   • Dispensers: The largest segment, expected to dominate the market by 2030. Dispensers offer a controlled release of pheromones to attract and control pests effectively.
   • Traps
   • Sprays
3. By Crop Type:
   • Fruits & Nuts
   • Field Crops
   • Vegetable Crops
   • Other Crop Types

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Regional Analysis:

• North America is expected to dominate the market during the forecast period, owing to the increasing adoption of pheromone-based pest control in agricultural practices. The United States is a key contributor, with significant use in cotton, grapes, corn, and pome fruits.
• Europe follows, driven by regulations favoring the reduction of chemical pesticides and a shift towards sustainable farming practices.
• Asia Pacific is expected to experience the fastest growth due to the increasing awareness of sustainable farming practices and rising demand for crop protection solutions in countries like China and India.

Key Players:

• Shin-Etsu Chemical Co., Ltd. (Japan)
• Koppert Biological Systems (Netherlands)
• Isagro Group (Italy)
• Biobest Group NV (Belgium)
• Suterra LLC (US)
• Russell IPM (UK)
• ISCA Technologies (US)
• Trécé Incorporated (US)
• Bedoukian Research, Inc. (US)
• Pherobank B.V. (Netherlands)
• BASF SE (Germany)
• Certis Europe BV (Netherlands)
• Bioline AgroSciences Ltd. (US)
• Bio Controle (Brazil)
• ATGC Biotech Pvt Ltd. (India)

Key Questions Answered:

1. What are the key growth drivers for the agricultural pheromones market?
2. How does climate change impact pest control methods, and how do agricultural pheromones help mitigate this?
3. Which regions are poised for the highest growth in the agricultural pheromones market?
4. What are the major trends driving the adoption of integrated pest management (IPM)?
5. How will the market evolve in response to increased demand for organic and pesticide-free products?

Conclusion:

The Agricultural Pheromones market is poised for significant growth, driven by the increasing demand for sustainable farming solutions, the declining use of chemical pesticides, and the growing focus on organic food production. With technological advancements in pheromone delivery systems and increasing awareness of their benefits, the market is expected to thrive through 2030. Key players are focusing on expanding their product portfolios and increasing their global footprint to meet the rising demand for effective pest control solutions.

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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