Agricultural Pheromones Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Agricultural Pheromones Market size was valued at USD 3.5 Billion in 2022 and is projected to grow at a CAGR of around 14% during the forecast period, i.e., 2024-30. The industry is predominantly driven by the incessant need to ramp up agricultural productivity owing to the fast-growing population worldwide. Given this, the adoption of sustainable agriculture practices has surged in the past few years, including pest control usage. Factors like chronic climate change, increased crop protection product usage in fruits, vegetables, and row crops, and the negative impact of pesticides on human health have called for numerous investigations on a variety of biological, chemical, and mechanical techniques to prevent the harmful effects of pesticides and limit the further expansion of pests.
Markntel Advisor’s Agricultural Pheromones Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Agricultural Pheromones Market drivers, barriers, Agricultural Pheromones Market Trends, and Key Players in Agricultural Pheromones Market.
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Agricultural Pheromones Market Dynamics: 2024-2030
Agricultural Pheromones Market Driver:
Burgeoning Adoption of Sustainable Agricultural Practices – The relentless utilization of insecticides and pesticides to maximize crop production has amplified over the years. The increasing hazardous impact of conventional pest control techniques on human health has made farmers turn to sustainable agricultural practices in the past few years. This has paved the way for considering biological pesticides, including semiochemicals such as pheromones.
Moreover, traditional pesticides and insecticides injure non-target creatures and contaminate soil and water, among other negative environmental effects. Farmers are moving toward more environmentally friendly options like pheromones as a result of tighter laws against dangerous chemicals and more environmental consciousness. Therefore, backed by the widespread adoption of such eco-friendly techniques, the agricultural pheromones industry is likely to achieve steady growth in the coming years.
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Agricultural Pheromones Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Type
- Sex pheromones
- Aggregation pheromones
- Others (which include alarm pheromones, host-marking pheromones, and trail pheromones)
- By Mode of Application
- Dispensers
- Traps
- Spray
- Others
- By Species
- Moths
- Beetles & Bugs
- Armyworm
- Butterflies
- Others
- By Crop Type
- Fruits & Nuts
- Vegetable
- Tea Plants
- Flower
- Others
- By Function
- Mass Trapping
- Detection & Monitoring
- Mating Disruption
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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Top Companies Operating in the Agricultural Pheromones Market:
- 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
- Pacific Biocontrol Corporation
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