Europe Agricultural Pheromones Market, By Type (Sex Pheromones, Aggregation Pheromones, Repellent Pheromones, and Others), Product Type (Pest Control, Pest Control Device, and Accessories), Nature (Organic and Inorganic), Mode of Application (Dispensers, Traps, Spray, and Others), Species (Butterflies, Beetles & Bugs, Moths, Armyworms, and Others), Crop Type (Fruits & Nuts, Vegetable, Flower, Tea Plants, and Others), Function (Detection & Monitoring, Mass Trapping, and Mating Disruption), Distribution Channel (Direct and Indirect) – Industry Trends and Forecast To 2030.
Europe Agricultural Pheromones Market Analysis and Size
The agriculture pheromones are witnessing strong growth owing to increased awareness amongst the customers as it is considered to be a safe crop protection solution. The rising agriculture pheromones market is gaining a bigger market share as compared to earlier. Conventional usage of long-established chemical pesticides has resulted in serious side effects. Thus, to avoid this, routine and proper pest management has been conducted promptly for the reduction of pest damage. Sex pheromones have been recommended as a potential alternative agent for this.
Data Bridge Market Research analyzes that the Europe agricultural pheromones market which was USD 973.34 million in 2022, would rocket up to USD 2,819.05 million by 2030, and is expected to undergo a CAGR of 15.05% during the forecast period. This indicates the market value. The “Sex Pheromones” segment dominates the type segment of the Europe agricultural pheromones market as sex pheromones are mostly preferred to attract insects and help in mass trapping while changing the mechanism of natural sex hormones. 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 depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Europe Agricultural Pheromones Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Sex Pheromones, Aggregation Pheromones, Repellent Pheromones, and Others), Product Type (Pest Control, Pest Control Device, and Accessories), Nature (Organic and Inorganic), Mode of Application (Dispensers, Traps, Spray, and Others), Species (Butterflies, Beetles & Bugs, Moths, Armyworms, and Others), Crop Type (Fruits & Nuts, Vegetable, Flower, Tea Plants, and Others), Function (Detection & Monitoring, Mass Trapping, and Mating Disruption), Distribution Channel (Direct and Indirect)
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Countries Covered
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Germany, U.K., France, Spain, Italy, Denmark, Netherlands, Switzerland, Poland, Russia, Sweden, Belgium, Turkey, and rest of Europe
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Market Players Covered
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International Pheromone Systems Ltd (U.K.), Novagrica (Greece), Bioline AgroSciences ltd. (U.K.), Pherobank B.V. (Netherlands), Certis Europe B.V. (Netherlands), Sedq Healthy Crops S.L. (Spain), Biobest Group NV (Belgium), Koppert Biological Systems (Netherlands), Russell IPM Ltd (U.K.), The Wonderful Company LLC. (U.S), Laboratorio Agrochem (Spain), S.L. SUMI AGRO France (A subsidiary of Sumitomo Corporation) (France), BASF SE (Germany), ISAGRO (Italy), and Shin-Etsu Chemical Co., Ltd. (Japan) among others
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Market Opportunities
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Market Definition
Pheromones are chemicals produced by insects to communicate with one another. These chemicals help in attracting mates, warning each other about predators, and finding food. These are used in agriculture for crop protection. There are other ways of crop protection too amongst which one is pesticides. Pesticides are used for crop protection but they also harm the crop to an extent whereas, pheromones are better for crops as they are safe.
Europe Agricultural Pheromones Market Dynamics
Drivers
- Increasing demand for high-value crops
High-value crops have higher market value than traditional crops. The fruits & nuts segment holds the largest market share and the reason behind it is the increasing demand for high-value crops as it is a high trend to stay fit, and the rising awareness towards health consciousness leads to the preference for high-value crops due to their nutritional value.
- Advancement in integrated pest management solution
Integrated pest management is a strategy that is eco-based and focuses on pest control, damage caused by pests, and pest prevention for a long time. These strategies are a combination of techniques such as modification of cultural practices, biological control, habitat manipulation, and the use of resistant varieties. Integrated pest management is continuous management and integration of strategies such as the span method, monitoring of pests and natural enemies, use of thresholds for decisions, and so on.
- Rising need for pest management activities for sustainable agriculture
Sustainable agriculture is very important so that our future generation does not have to suffer. The pest-damaging crop is a major problem worldwide. It harms the crop either directly, by eating leaves, fruits, and stems, or indirectly by transmitting bacteria, fungal infection, or viral into the crop and causing loss of crop.
Opportunities
Biosafety pesticides are generally pesticides that bring no harm to crops or any insect. These days people are very health conscious and into organic and chemical-free living. Before consuming any kind of product, the consumer mostly checks its health benefits. Hence, the rising demand and continuous innovation in biosafety pesticides such as agricultural pheromones owing to their sustainable nature are expected to generate immense opportunities in the forecast period.
Restraints/Challenges
- High prices of agricultural pheromones as compared to conventional pesticides
Pheromones and pesticides are very different but serve the same purpose that is, pest control and pest management. Pesticides are not safe as they not only kill the pest but damage crops too either directly by affecting the crops or indirectly by injecting some virus. In the case of pheromones, these are safe and do not harm any crops. But despite having this quality, pheromones are very expensive as compared to pesticides. Thus, the high prices of agricultural pheromones are expected to restrain market growth
The Europe agricultural pheromones market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyzes 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 this market, contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In October 2020, Provivi, Inc., a venture capital portfolio company of BASF SE, made a Series C financing in which they raised USD 85.00 million to fight pests with pheromones. This will help the company to grow and scale its solutions by creating value near its customers through pheromones in field trials
- In 2020, Bedoukian Research, Inc. acquired technological equipment from New Biology Inc. This will now be added to companies’ green pest control solutions and pheromones which are the major part of these solutions. This aims towards expanding their business and getting hold of the pheromones market
- In March 2020, Bedoukian Research, Inc., having a great name in the Europe agricultural pheromones market, joined hands with another reputed company P2 Science Inc, which will now together make and create high-value specialty chemicals and further grow their business in the pheromones market. This majorly aims at creating a better business opportunity in the rising market of pheromones by utilizing plant-based renewable chemicals.
Europe Agricultural Pheromones Market Scope
The Europe agricultural pheromones market is segmented into eight notable segments based on type, product type, nature, mode of application, species, crop type, function, and distribution channel. The growth amongst these segments will help you analyze meager 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
Product Type
- Pest Control
- Pest Control Device
- Accessories
Nature
- Organic
- Inorganic
Mode of Application
- Dispensers
- Traps
- Spray
- Others
Species
- Butterflies
- Beetles & Bugs
- Moths
- Armyworms
- Others
Crop Type
- Fruits & Nuts
- Vegetable
- Flower
- Tea Plants
- Others
Function
- Detection and Monitoring
- Mass Trapping
- Mating Disruption
Distribution Channel
- Indirect
- Direct
Europe Agricultural Pheromones Market Regional Analysis/Insights
The Europe agricultural pheromones market is analyzed and market size insights and trends are provided by type, product type, nature, mode of application, species, crop type, function, and distribution channel as referenced above.
The countries covered in this market report are Germany, U.K., France, Spain, Italy, Denmark, Netherlands, Switzerland, Poland, Russia, Sweden, Belgium, Turkey, and rest of Europe.
France is expected to dominate the agricultural pheromones market because of the strong base of consumers, strong presence of major players in the market, and rising number of research activities in this country in terms of market share.
France is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increasing awareness among consumers about the health benefits of agricultural pheromones growing research activities in the region, availability of massive untapped markets, large population pool, and the growing demand for agricultural pheromones in the country.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, and the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Agricultural Pheromones Market Share Analysis
The Europe agricultural pheromones market competitive landscape provides details of competitors. 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, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major market players operating in the Europe agricultural pheromones market are:
- International Pheromone Systems Ltd(U.K.)
- Novagrica(Greece)
- Bioline AgroSciences ltd.( U.K.)
- Pherobank(Netherlands)
- Certis Europe B.V.( Netherlands)
- SEDQ Healthy Crops S.L.(Spain)
- Biobest Group NV(Belgium)
- Koppert Biological Systems(Netherlands)
- Russell IPM Ltd(U.K.)
- The Wonderful Company LLC.(U.S)
- Laboratorio Agrochem(Spain)
- S.L., SUMI AGRO France (A subsidiary of Sumitomo Corporation)(France)
- BASF SE(Germany)
- ISAGRO(Italy)
- Shin-Etsu Chemical Co., Ltd.(Japan)
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