Global Agricultural Pheromones Market
The global agricultural pheromones market is expected to reach USD 10,450.89 million by 2031 from USD 3,147.20 million in 2023, growing at a CAGR of 16.4% during the forecast period of 2023 to 2031.
Market Segmentation:Global Agricultural Pheromones Market, By Type (Sex Pheromones, Aggregation Pheromones, Repellent Pheromones and Others), Species (Moths, Beetles and Bugs, Armyworm, Butterflies and Others), Function (Mating Disruption, Mass Trapping, Detection and Monitoring and Others), Mode of Application (Dispenser, Traps, Sprays and Others), Crop Type (Fruits, Vegetables, Tea Plants, Turf and Ornaments, Oilseeds and Pulses, Cereals and Grains and Others), Distribution Channel (Direct, and Indirect) Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Netherlands, Belgium, Switzerland, Turkey, Rest of Europe, China, Japan, India, South Korea, Indonesia, Philippines, Thailand, Australia, Malaysia, Singapore, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E., South Africa, Kuwait and Rest of Middle East and Africa)– Industry Trends and Forecast to 2031
Overview of Global Agricultural Pheromones Market Dynamics:Drivers
• Growing demand for sustainable pest management
• Regulatory support for integrated pest management (IPM)
• Rising awareness about pesticide residues
• Advancements in pheromone technology
Restrains
• High initial investment costs
• Limited efficacy against some pest species
Opportunities
• Expansion in emerging markets
• Development of target-specific formulations
• Integration with digital agriculture technologies
Challenges
• Variable environmental conditions
• Complexity of implementation and adoption
Market Players:
The key market players operating in the global agricultural pheromones market are listed below: • Shin-Etsu Chemical Co., Ltd
• FMC Corporation
• BASF SE
• Bioline AgroSciences Ltd.
• ISCA
• Biobest Group NV
• BedoukianBio
• Suttera (A Subsidiary of the Wonderful Company LLC.)
• Trécé Inc.
• Nufarm
• Russell IPM Ltd
• Koppert
• Hercon Environmental
• Pherobank
• ChemTica International, S. A.
• Laboratorios Agrochem S.L.
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