Press Release

May, 15 2024

Growing Demand for Sustainable Pest Management is driving the Growth of Global Agricultural Pheromones Market

Agricultural pheromones are chemical substances produced and released by organisms in the agricultural environment, particularly insects, to communicate with each other. These pheromones play a crucial role in various aspects of agricultural management, including pest control, mating behavior, and social organization. Additionally, agricultural pheromones can also be used to monitor pest populations by trapping insects attracted to specific pheromones. This information helps farmers and agricultural researchers track pest populations, assess the effectiveness of control measures, and make informed decisions about pest management strategies

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Data Bridge Market Research analyzes that the Global Agricultural Pheromones Market is expected to grow with a CAGR of 16.4% from 2024 to 2031 and is expected to reach USD 10.45 billion by 2031 from USD 3.15 billion in 2023.

Key Findings of the Study

Global Agricultural Pheromones Market

Regulatory Support for Integrated Pest Management (IPM)

With a focus on reducing reliance on chemical pesticides, governments worldwide are championing Integrated Pest Management (IPM), which integrates various pest control methods, including the strategic use of pheromones. By promoting sustainable farming practices, regulatory bodies contribute to environmental preservation and public health protection.

The recognition of pheromones' effectiveness in pest management by regulatory agencies is evident in the development of guidelines, regulations, and certification programs aimed at encouraging their adoption. These initiatives not only emphasize the importance of reducing pesticide usage but also provide incentives for farmers to implement environmentally-friendly alternatives like pheromones. Additionally, regulatory collaboration with industry stakeholders ensures the continuous improvement and standardization of pheromone-based products, instilling confidence in their safety and efficacy among farmers.

Moreover, regulatory support for IPM and pheromone use is driven by broader environmental concerns, including ecosystem conservation and biodiversity preservation. Governments recognize the need to safeguard natural resources and mitigate the adverse impacts of conventional pesticides on ecosystems and human health. By endorsing sustainable pest management practices like pheromone-based solutions, regulatory agencies contribute to the collective effort towards achieving a more environmentally-friendly and sustainable agricultural sector.

In conclusion, the worldwide market for agricultural pheromones is mostly driven by legislative support for integrated pest management, which includes the use of pheromones. The need for pheromone-based pest control solutions is anticipated to increase as long as governments promote environmental stewardship and sustainable agriculture. This need will be bolstered by regulatory activities that seek to ensure the efficacy and safety of these solutions.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022  (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion

Segments Covered

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)

Countries Covered

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

Market Players Covered

Shin-Etsu Chemical Co., Ltd (Japan), FMC Corporation (U.S.), BASF SE (Germany), Bioline AgroSciences Ltd. (U.K.), ISCA (U.S.), BedoukianBio (U.S.), Biobest Group NV (Belgium), ChemTica Internacional, S. A. (U.S.), Hercon Environmental (U.S.), Koppert (Netherlands), Laboratorios Agrochem S.L. (Spain), Nufarm (Australia),  Pherobank (Netherlands), Russell IPM Ltd (U.K.), Suttera (A Subsidiary of The Wonderful Company LLC.) (U.S.), and Trécé Inc. (U.S.), among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Segment Analysis

The global agricultural pheromones market is segmented into six notable segments based on type, species, function, mode of application, crop type and distribution channel.

  • On the basis of type, the market is segmented into sex pheromones, aggregation pheromones, repellent pheromones and others

In 2024, the sex pheromones segment is expected to dominate the Global Agricultural Pheromones Market

In 2024, the sex pheromones segment is expected to dominate the market with a market share of 53.92% due to growing demand for sustainable pest management.

  • On the basis of species, the market is segmented into moths, beetles and bugs, armyworm, butterflies, and others

In 2024, the moths segment is expected to dominate the Global Agricultural Pheromones Market

In 2024, the moths segment is expected to dominate the market with a 37.97% market share due to expansion of agriculture, particularly in regions experiencing population growth, urbanization, and changing land use patterns, is driving the demand for effective pest management solutions

  • On the basis of function, the market is segmented into mating disruption, mass trapping, detection and monitoring and others. In 2024, the mating disruption segment is expected to dominate the market with a 45.52% market share
  • On the basis of mode of application, the market is segmented into dispenser, traps, sprays and others. In 2024, the dispenser segment is expected to dominate the market with a 46.77% market share
  • On the basis of crop type, the market is segmented into fruits, vegetables, tea plants, turf and ornaments, oilseeds and pulses, cereals and grains and others. In 2024, the fruits segment is expected to dominate the market with a 38.26% market share
  • On the basis of distribution channel, the market is segmented into direct and indirect. In 2024, the direct segment is expected to dominate the market with a 64.87% market share

Major Players

Data Bridge Market Research analyzes Shin-Etsu Chemical Co., Ltd (Japan), FMC Corporation (U.S.), BASF SE (Germany), Bioline AgroSciences Ltd. (U.K.), and ISCA (U.S.) as the major players in the global agricultural pheromones market.

Agricultural Pheromones Market

Market Developments

  • In February 2024, a new pheromone lure for Contarinia pyrivora, also known as the pear gall midge was released. This pest poses a significant threat to pear orchards in Europe and North America. Our newly formulated lure, based on the identified female pheromone (2R,7R)-2,7-diacetoxyundecane, offers a sensitive and accurate solution for monitoring adult midge emergence. Now available in ready-to-use lures, this product enhances pest management efforts for pear growers across regions
  • In May 2023, Koppert has Integrated Pest Management (IPM) was embraced for sustainable pest control solutions in agriculture. Various strategies, including biological methods, were combined to foster conducive environments for plant growth while deterring pests and diseases. Felipe de Mendonça, Koppert's Market Development Manager, emphasized IPM's role in nurturing robust crops and soil health, optimizing yield through genetic diversity and pest tolerance
  • In June 2022, FMC Corporation significantly expands biologicals platform with agreement to acquire BioPhero. It brings new game-changing biologically produced pheromone technology to FMC's award-winning pipeline and product portfolio. BioPhero's patented fermentation process can manufacture sustainably advantaged pheromones at costs significantly lower than competitive processes
  • In June 2022, FMC has unveiled a new brand identity for its Plant Health sector, marking the company's growth and expansion in the biologicals platform. Agricultural biologicals encompass a variety of crop protection and stimulant products sourced from living organisms and natural compounds. With Biologicals by FMC, the company underscores its commitment to offering farmers scientifically supported biological solutions. These solutions aim to support sustainable crop management, safeguard yields, and address resistance challenges
  • In March 2022, xarvio SCOUTING, a BASF Digital Farming GmbH product, launched a new feature in its free smartphone app. This feature employs advanced technology to instantly analyze pheromone traps for European growers of grapes, pome fruit, and stone fruit in countries like France, Germany, Greece, Italy, Poland, Spain, and the UK

Regional Analysis

Geographically, the countries covered in the global agricultural pheromones market report are U.S., Canada, Mexico, Germany, France, Italy, U.K., Netherlands, Belgium, Spain, Switzerland, Russia, Turkey, rest of Europe, China, Japan, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, South Africa, U.A.E., Kuwait, and rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

North America is the dominant region in the Global Agricultural Pheromones Market

In 2024, North America is expected to dominate the global agricultural pheromones market as North American countries have made significant investments in research and development, leading to continuous advancements in pheromone synthesis, formulation, and delivery systems. These technological innovations have resulted in highly effective and user-friendly pheromone products that cater to the diverse needs of farmers.

Asia-Pacific is estimated to be the fastest-growing region in the Global Agricultural Pheromones Market

Asia-Pacific is expected to grow during the forecast period 2024 to 2031 as growing demand for the sustainable pest management in this region

For more detailed information about the global agricultural pheromones market report, click here – https://www.databridgemarketresearch.com/ko/reports/global-agricultural-pheromones-market


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