Agricultural Pheromones Market by Type (Aggregation Pheromones, Alarm Pheromones, Host-Marking Pheromones), Function (Detection & Monitoring, Mass Trapping, Mating Disruption), Crop Type, Application Mode - Global Forecast 2024-2030

Agricultural Pheromones Market by Type (Aggregation Pheromones, Alarm Pheromones, Host-Marking Pheromones), Function (Detection & Monitoring, Mass Trapping, Mating Disruption), Crop Type, Application Mode - Global Forecast 2024-2030

The Agricultural Pheromones Market size was estimated at USD 4.28 billion in 2023 and expected to reach USD 5.02 billion in 2024, at a CAGR 17.49% to reach USD 13.26 billion by 2030.

Agricultural pheromones are chemical substances secreted by insects, plants, and other organisms to communicate with members of their species. These chemical signals can trigger various behaviors, such as attracting mates, marking territory, or signaling distress. In agriculture, synthetic or artificially produced versions of these substances are utilized as a pest control method. They work by disrupting the normal mating patterns of pests, causing a decrease in their population over time without the need for traditional pesticides. This approach is more environmentally friendly and sustainable, targeting specific pests without harming beneficial insects or the surrounding ecosystem. Increased awareness of the adverse impacts of chemical pesticides on the environment and human health pushes the agricultural sector towards eco-friendly alternatives, including agricultural pheromones. In addition, the rise in organic farming and integrated pest management practices has further propelled the use of pheromones in agriculture. However, pheromone-based systems' setup and maintenance costs can be high, limiting adoption among small to medium-sized farms. Ongoing research and development to formulate cost-effective and broad-spectrum pheromone products presents a significant avenue for the key players. Technological advancements in controlled release systems and exploring pheromones for a wider range of pests present significant growth prospects for agricultural pheromones.

Regional Insights

In the Americas, the United States and Canada stand as significant markets for agricultural pheromones due to their advanced agricultural practices and substantial investments in research. The region has seen a growing adoption of environmentally friendly pest management solutions among farmers, driven by a heightened awareness of the harmful impacts of chemical pesticides. On the other hand, EMEA has been at the forefront of adopting green agricultural practices, with a strong regulatory framework supporting the use of pheromones. The EU’s Common Agricultural Policy (CAP) encourages using environmentally friendly pest control methods, including pheromones. Investment in research within the EU is robust, with several initiatives aiming to develop new pheromone solutions for crop protection. Recent research has focused on increasing the efficacy and range of pheromone products available to European farmers. Moreover, the Asian Pacific agricultural pheromones market is witnessing considerable growth, driven by the growing need for sustainable and environmentally friendly pest control methods. This region, known for its vast agricultural landscapes and diverse crop production, is seeing a rising adoption of pheromone-based products to address pest-related challenges, thereby reducing reliance on chemical pesticides.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Agricultural Pheromones Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Growing awareness of the environmental impacts of conventional pesticide
• Rising global population and the need for maximized agricultural productivity
• Increasing demand for sustainable crop protection solutions

Market Restraints

• High cost of setup and maintenance of agricultural pheromones

Market Opportunities

• Innovations in pheromone synthesis and dispersion techniques
• Favorable government initiatives and regulations for semiochemicals

Market Challenges

• Lack of awareness of agricultural pheromones in developing economies

Market Segmentation Analysis

• Type: Utilization of aggregation and host-marking pheromones in farming methods to control and monitor pest populations
• Application Mode: Increasing usage of dispensers and sprays to address specific pest challenges in short span of time

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Agricultural Pheromones Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Agricultural Pheromones Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Ecological Approach Using Pheromone Disruption as Innovative Strategy for Spongy Moth Control

The Department of Entomology at Virginia Tech is at the forefront of combating the spongy moth, identified as a critical threat to eastern U.S. forestry due to its consumption of over 300 tree and shrub species. Department of Entomology has collaborated with College of Agriculture and Life Sciences to develop advanced, cost-effective samplers for volatile organic compounds.

CDFA Grant Award Supporting Sustainable Pest Management Focuses On Pheromone Disruption

The California Department of Food and Agriculture (CDFA) has allocated USD 490,000 in funding to the Coalition for Urban/Rural Environmental Stewardship (CURES) for a pioneering three-year initiative designed to promote sustainable pest management practices among almond, pistachio, and walnut growers in the eastern San Joaquin Valley. This project is specifically focused on implementing pheromone mating disruption techniques to combat the Navel Orangeworm (NOW), a significant pest that traditionally requires chemical insecticides for control.

Innovative Partnership Between Bayer and M2i Group Lead in Eco-Friendly Crop Protection

Bayer AG has teamed up with the French company M2i Group to deliver pheromone-based biological solutions for fruit and vegetable farmers worldwide, targeting lepidoptera pests in various crops, including stone fruits, pome fruits, tomatoes, and grapes. This partnership underlines Bayer’s commitment to offering growers safe, effective, and residue-minimal solutions by combining M2i's sustainable pheromone products with Bayer’s portfolio of biological and synthetic products.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Agricultural Pheromones Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Agricultural Pheromones Market, highlighting leading vendors and their innovative profiles. These include Agri Phero Solutionz, ATGC Biotech Pvt Ltd., Barrix Agro Sciences Pvt. Ltd., BASF SE, Bio Controle, Biobest Group NV, Bioline Agrosciences Ltd., Certis Europe B.V by Mitsui & Co., Ltd., FMC Corporation, International Pheromone Systems Ltd., Isagro S.p.A. by Gowan Company, L.L.C., ISCA, Jaydev Chemical Industries, Koppert, Laboratorio Agrochem, S.L., Novagrica, Pacific Biocontrol Corporation, Pherobank B.V., PheroSyn Ltd., Provivi, Inc., Russell IPM Ltd., Scyll'Agro, SEDQ Healthy Crops S.L., SHIN-ETSU Chemical Co., Ltd, Suterra LLC by The Wonderful Company LLC, and Trécé Inc..

Market Segmentation & Coverage

This research report categorizes the Agricultural Pheromones Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
• Aggregation Pheromones
• Alarm Pheromones
• Host-Marking Pheromones
• Sex Pheromones
• Trail Pheromones
• Function
• Detection & Monitoring
• Mass Trapping
• Mating Disruption
• Crop Type
• Alfalfa
• Field Crops
• Fruits & Nuts
• Ornamental Crops
• Plantation Crops
• Vegetable Crops
• Application Mode
• Dispensers
• Sprays
• Traps
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year