Agricultural Pheromones Market Forecasts to 2030 - Global Analysis By Type (Sex Pheromones, Aggregation Pheromones, Alarm Pheromones, Trail Pheromones, Kairomones and Other Types), Crop Type, Formulation Type, Application, End User and By Geography

According to Stratistics MRC, the Global Agricultural Pheromones Market is accounted for $4.9 billion in 2024 and is expected to reach $14.1 billion by 2030 growing at a CAGR of 19.3% during the forecast period. Agricultural pheromones are chemical substances released by insects or plants that trigger specific behavioral responses in other individuals of the same species. These pheromones play a crucial role in pest management by attracting or repelling target insects, aiding in mating, and signaling danger. In agriculture, they are used as environmentally friendly pest control tools, helping to monitor pest populations and reduce reliance on synthetic pesticides. By leveraging natural communication methods, agricultural pheromones promote sustainable farming practices and enhance crop productivity.

According to the Agricultural and Processed Food Products Exports Development Authority (APEDA), a Government agency, the total area under horticulture in India has witnessed a steady increase, reaching around 28.88 (mh) in the year 2022-23, compared to 28.04 (mh) in the previous year.

Market Dynamics:

Driver:

Sustainable crop solutions

Sustainable crop solutions within the market focus on environmentally friendly pest management techniques. By utilizing pheromones for monitoring and controlling pest populations, farmers can minimize chemical pesticide use, reducing ecological impact. These solutions enhance biodiversity and improve crop yields. Additionally, they support integrated pest management (IPM) strategies, fostering long-term sustainability and resilience in agricultural practices while ensuring food security and safety for consumers.

Restraint:

Lack of skilled workforce

The lack of a skilled workforce in the market can hinder the effective implementation and optimization of pheromone-based pest management strategies. Insufficient training and expertise may lead to improper usage, reduced efficacy, and missed opportunities for maximizing crop yields. Additionally, this gap can slow innovation and adoption of sustainable practices, limiting the potential benefits of pheromones for pest control and impacting overall agricultural productivity and sustainability.

Opportunity:

High-value crop demand

The growing demand for high-value crops, such as fruits, vegetables, and specialty plants, significantly drives the market. As farmers seek to maximize yields and quality, pheromones provide targeted pest control solutions that enhance crop health without relying on harmful chemicals. This demand is fueled by consumer preferences for organic and sustainably grown produce, prompting farmers to adopt innovative pest management practices that improve profitability while ensuring environmental sustainability.

Threat:

Limited awareness in developing economies

Limited awareness of agricultural pheromones in developing economies negatively impacts their adoption and potential benefits. Farmers may rely on traditional pest control methods, missing out on the environmentally friendly and effective solutions offered by pheromones. This lack of knowledge can lead to increased pesticide use, environmental degradation, and lower crop yields. Moreover, it stifles innovation and sustainable practices, hindering overall agricultural development and economic growth in these regions.

Covid-19 Impact:

The COVID-19 pandemic significantly disrupted the market by affecting supply chains, labor availability, and distribution channels. Lockdowns and restrictions hindered the production and timely delivery of pheromone products, leading to delays in pest management applications. Additionally, reduced access to training and support for farmers limited the adoption of these sustainable practices. As agricultural systems faced challenges during the pandemic, the push for innovative pest control solutions became even more critical for recovery and resilience.

The trail pheromones segment is projected to be the largest during the forecast period

The trail pheromones segment is projected to account for the largest market share during the projection period facilitating communication among social insects. These chemical signals guide insects to food sources or suitable habitats, making them crucial for pest management strategies. By disrupting these trails with synthetic trail pheromones, farmers can effectively control pest populations, enhancing crop protection and promoting sustainable agriculture while minimizing reliance on chemical pesticides.

The oilseeds segment is expected to have the highest CAGR during the forecast period

The oilseeds segment is expected to have the highest CAGR during the extrapolated period. Pheromones help control pests that threaten crops like soybeans, canola, and sunflower, enhancing yield and quality. By utilizing pheromone traps and mating disruption techniques, farmers can reduce pest populations while minimizing chemical pesticide use. This approach not only promotes sustainable farming practices but also aligns with increasing consumer demand for responsibly sourced oilseed products, boosting overall market growth.

Region with largest share:

North America region is projected to account for the largest market share during the forecast period. Farmers are adopting pheromone-based technologies to effectively control pest populations while reducing reliance on chemical pesticides. Enhanced awareness of environmental issues and consumer preferences for organic produce further bolster this trend. Additionally, research and development in pheromone formulations continue to advance, providing innovative tools for optimizing crop yields.

Region with highest CAGR:

Asia Pacific is expected to register the highest growth rate over the forecast period. The shift from chemical pesticides to pheromones is driven by concerns over health and environmental impacts, prompting farmers to adopt more sustainable practices, Innovations in agricultural techniques, including the development of synthetic pheromones, are enhancing pest control methods. The large population in the region increases the demand for food, necessitating effective pest management strategies to boost agricultural productivity

Key players in the market

Some of the key players in Agricultural Pheromones market include Syngenta, BASF, Bayer CropScience, Corteva Agriscience, Mitsui Chemicals, Valent BioSciences, Entomotech, Trece, Inc., Gowan Company, Sumitomo Chemical, Verdant Innovations, Russell IPM, Agrichem, Koppert Biological Systems and Agrisure.

Key Developments:

In April 2024, Bayer announced that it has signed an agreement with UK-based company AlphaBio Control to secure an exclusive license for a new biological insecticide. The new product will be the first available for arable crops, including oilseed rape and cereals.

In September 2023, Sumitomo Chemical India (SCIL) has executed definitive agreements for acquiring 85% equity shares and a controlling stake (on a fully diluted basis) in Barrix Agro Sciences, a Bengaluru-based company engaged in the business of developing and providing farmers pheromone traps and chromatic sheets.

Types Covered:

• Sex Pheromones
• Aggregation Pheromones
• Alarm Pheromones
• Trail Pheromones
• Kairomones
• Other Types

Crop Types Covered:

• Fruits and Vegetables
• Cereals and Grains
• Oilseeds
• Nuts
• Ornamental Plants
• Other Crop Types

Formulation Types Covered:

• Liquid
• Solid
• Microencapsulated
• Gel

Applications Covered:

• Pest Control
• Monitoring
• Trapping
• Crop Protection
• Other Applications

End Users Covered:

• Commercial Farmers
• Agricultural Companies
• Research and Development Institutions
• Home Gardeners
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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