Asia-Pacific Agricultural Pheromones Market – Industry Trends and Forecast to 2030

Asia-Pacific Agricultural Pheromones Market, By Type (Sex Pheromones, Repellent Pheromones, Aggregation Pheromones, Others), Product Type (Pest Control, Pest Control Device, Accessories), Nature (Inorganic, Organic), Mode of Application (Dispensers, Traps, Spray, Others), Species (Moths, Beetles and Bugs, Armyworm, Butterflies, Others), Crop Type (Field crops, Orchard Crops, Fruits and Nuts, Vegetable, Tea Plants, Flower, Others), Function (Detection and Monitoring, Mating Disruption, Mass Trapping, Others), Distribution Channel (Direct, Indirect) – Industry Trends and Forecast to 2030.

Asia-Pacific Agricultural Pheromones Market Analysis and Size

In light of technological advancements and innovations in agricultural techniques, pheromones are now being used by farmers and market participants as an integrated pest management strategy. These synthetic pheromones that mimic natural ones help to attract or gather insects. They can be injured, caught in large numbers, used to disturb mating rituals and other things. The detrimental effects of conventional pesticides on the environment, human health, and living things, pheromones have quickly become a popular alternative to traditional pesticides for agricultural pest control.

Data Bridge Market Research analyses that the agricultural pheromones market, valued at USD 840.75 million in 2022, will reach USD 2,626.04 million by 2030, growing at a CAGR of 15.3% during the forecast period of 2023 to 2030. 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.

Asia-Pacific Agricultural Pheromones Market Scope and Segmentation  

Market Definition

Chemical cues known as agricultural pheromones can be used to identify, catch, or kill insects that harm agricultural fields. Synthetic pheromones change natural pheromones. This help to attract insects. Farmers and other significant market participants currently use pheromones as part of an integrated pest management strategy. This results from the ongoing global technological development and the rapid advancement of agricultural technology.

Asia-Pacific Agricultural Pheromones Market Dynamics

Drivers

• Rising demand for crop protection products

The global architecture industry employs insecticides and pesticides to eliminate pests and boost crop yields. Insecticides and chemical pesticides harm human health, and farmers have been forced to modernize their agricultural management system. Examples of semi-chemicals that are biological pesticides and are driving the market's expansion include pheromones and allelochemicals. For instance, Provivi invested USD 85 million in 2019 to support the development of its product line, which increased market demand for crop protection products.

• Integrated Pest Management (IPM) techniques frequently use to help support market expansion.

Integrated pest management practices emphasize combining cultural and biological controls, habitat modification, resistant varieties, and other techniques with long-term pest prevention. Many farmers use pheromone traps such as tube traps and boards to catch fruit flies and moths and prevent them from harming their fruit and vegetable crops. Due to the increased demand for insect pheromones, the market is expanding due to all these procedures.

Opportunities

• Growing understanding of the adverse effects of synthetic pesticides

The current agricultural system heavily relies on insecticides to ensure pest eradication and high productivity. Pesticides' detrimental effects on human health are becoming better understood. Thus, as people become more aware of the harmful effects of pesticides, alternative crop protection methods are being adopted. Horticulture farmers frequently employ sex pheromones and attractants to lower crop-damaging pests and insects significantly. Growth is also aided by the industry's extensive research and development efforts to boost these products' efficacy. Today's highly profitable agricultural system heavily relies on insecticides and pesticides to guarantee the eradication of pests. However, these insecticides harm the environment and human health. With the growing knowledge of the psychological effects of pesticides, alternative crop protection methods, such as insect pheromones, have become more popular and have created lucrative opportunities to grow.

• Changes in the climate increase demand

With climatic changes, the agricultural pheromones industry is expanding quickly. Rapid climate change impacts crops immediately, which could increase plant diseases and pests. These ongoing changes reduce the crops' ability to produce as much, making them more vulnerable to various diseases and pests. Therefore, these climatic changes have an impact on farming practices and a decrease in crop productivity. Despite these elements, farmers might rely more on efficient crop protection products to keep pests out of their fields, which could lead to an increase in the spread of agricultural pheromones in the future.

Restraints/Challenges

• Growth is constrained by high maintenance and production costs.

With the expensive start-up and operating expenses for pheromone traps and protracted research and development processes, the market for agricultural pheromones is constrained. Since pheromones are target-specific, insect pheromone dispensers require a variety of targets. The market is also constrained by manufacturers' rising maintenance and production costs and the release of cutting-edge products. Furthermore, the price of the active chemicals needed to make agricultural pheromones is high, limiting future growth. Market expansion might be constrained by agricultural pheromones' high production and upkeep costs.

• Multiple-targeted pest pheromone dispensers could restrain the expansion.

Through the widespread and ongoing use of modern crop protection products to eradicate or reduce pest infestation, pets are now more resistant to conventional crop protection products. They show varying degrees of resistance depending on their behavior, metabolism, target site, and penetration. The difficulty of producing multi-target pest pheromone dispensers may be a market restraint.

This agricultural pheromones market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the agricultural pheromones market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In 2021, with the help of agricultural pheromones, Suterra and Phytech have teamed up to offer growers a complete solution for enhancing irrigation, nutrition, and pest control.
• In 2021, Provivi announced that Pherium AL mating disruption products had received regulatory approval to control damaging rice pests, particularly the Rice Stemborers such as Chilo suppressalis in Indonesia.
• In 2021, to control pests on citrus farms, Bayer unveiled Vynyty Citrus, proposing its newest biological and pheromone-based crop protection product.
• In 2020, the fall armyworm Spodoptera frugiperda mating disruption control, SPLAT FAW, was launched in Brazil, according to an announcement from ISCA.
• In 2020, Provivi announced that its pheromone-based PherogenTM mating disruption product for controlling Fall Armyworm (Spodoptera frugiperda) in corn received regulatory approval in Mexico and Brazil. Pherogen TM Dispenser SpoFr, a mating disruption dispenser, also received regulatory approval in Brazil.

Asia-Pacific Agricultural Pheromones Market Scope

The agricultural pheromones market is segmented on the basis of type, product type, nature, mode of application, species, crop type, and function and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Sex Pheromones
• Aggregation Pheromones
• Repellent Pheromones
• Others
• Alarm
• Host marking
• Trail

Product Type

• Pest Control
• Pest Control Device
• Accessories

Nature

• Inorganic
• Organic

Mode of Application

• Dispensers
• Traps
• Spray
• Others

Species

• Moths
• Beetles and Bugs
• Armyworm
• Butterflies
• Others

Crop Type

• Field crops
• Orchard Crops
• Fruits and Nuts
• Vegetable
• Tea Plants
• Flower
• Others
• Plantation crops
• Alfalfa
• Ornamental Crops

Function

• Detection and Monitoring
• Mating Disruption
• Mass Trapping
• Others

Distribution Channel

• Direct
• Indirect

Agricultural Pheromones Market Regional Analysis/Insights

The agricultural pheromones market is analysed and market size insights and trends are provided by country, of type, product type, nature, mode of application, species, crop type, and function and distribution channel user as referenced above.

The countries covered in the agricultural pheromones market report are Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC)

China dominates the market and will continue to flourish its trend of dominance during the forecast period in Asia-Pacific. The major factors attributable to the region’s dominance owing to technological advancements and has also adopted integrated pest management solutions way earlier.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Agricultural Pheromones Market Share Analysis

The agricultural pheromones market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to agricultural pheromones market.

Some of the major players operating in the agricultural pheromones market are:

• International Pheromone Systems Ltd (U.K.)
• Novagrica (Greece)
• ATGC (India)
• Pacific Biocontrol Corporation (U.S.)
• Pherobank (Netherlands)
• Certis Europe (Netherlands)
• SEDQ Healthy Crops S.L. (Spain)
• Koppert (Netherlands)
• Russell IPM Ltd (U.K.)
• The Wonderful Company LLC. (U.S.)
• Trécé Inc (U.S.)
• Laboratorio Agrochem, S.L. (Spain)
• BASF SE (Germany)
• Gowan Company, L.L.C. (U.S.)
• Shin-Etsu Chemical Co., Ltd. (Japan)
• Futura GmbH (Germany)
• Barrix Agro Sceinces Pvt Ltd (India)
• Jaydev Chemical Industries (India)
• Scyll'Agro  (France)