Global Agricultural Pheromones Market – Industry Trends and Forecast to 2030

Global Agricultural Pheromones Market, By Type (Sex Pheromones, Aggregation Pheromones, Repellent 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.

Agricultural Pheromones Market Analysis and Size

Farmers and market participants are now using pheromones as an integrated pest management strategy because of technological advancements and innovations in agricultural techniques. These artificial copies of natural pheromones aid in gathering or attracting insects. They are used in various ways, including luring, mass trapping, disrupting mating rituals, and other purposes. Pheromones, an effective alternative to traditional pesticides for agricultural pest control, have quickly gained popularity due to the adverse effects of conventional pesticides on the environment, human health, and organisms.

Data Bridge Market Research analyses that the agricultural pheromones market, valued at USD 3,021.16 million in 2022, will reach USD 9,829.73 million by 2030, growing at a CAGR of 15.89% 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.

Agricultural Pheromones Market Scope and Segmentation  

Market Definition

Agricultural pheromones are chemical signals used to find, catch, or get rid of insects that are harmful to agricultural fields. Synthetic pheromones are variations of natural pheromones. These assist in luring insects. Farmers and other important market players use pheromones as a pest management strategy. Rapid advancements in agricultural technology and ongoing technological development on a global scale are to blame for this.

Agricultural Pheromones Market Dynamics

Drivers

• Demand for crop protection products is rising

The global architecture industry uses insecticides and pesticides to eliminate pests and increase crop yields. Farmers have been forced to upgrade their agricultural management system due to the growing consumer awareness of the detrimental effects of insecticides and chemical pesticides on human health. Pheromones and allelochemicals are examples of semi-chemical biological pesticides, driving the market's growth. Provivi, for instance, spent USD 85 million in 2019 to support the expansion of its product line; thus, growing demand for crop protection products creates growth in the market

• Increasing the use of integrated pest management techniques to support market expansion

Integrating cultural and biological controls, habitat modification, resistant varieties, and other methods with long-term prevention of pests is the focus of integrated pest management practices. Many farmers employ pheromone traps such as tube traps and boards to catch fruit flies and moths and keep them from harming their fruit and vegetable crops. Since there is now more demand for insect pheromones due to all these practices, the market is growing.

• Climatic conditions changing surge the demand

The agricultural pheromones industry is rapidly growing with climatic changes. The crops are directly impacted by the rapid climate change, which could increase plant diseases and pests. These ongoing changes make the crops more susceptible to various diseases and pests, negatively impacting how much of the crops are produced. As a result, these climatic changes affect farming methods and cause a decline in crop productivity. Although these factors, farmers may depend more on effective crop protection products to prevent pests from entering their fields, which may increase the spread of agricultural pheromones.

Opportunities

• Increasing awareness regarding the detrimental effects of synthetic pesticides

Insecticides are heavily used in the current agricultural system to guarantee pest eradication and high productivity. The adoption of alternative crop protection techniques has been prompted by increasing awareness of the harmful effects of pesticides. Horticulture farmers widely use sex pheromones and attractants to reduce crop-damaging pests and insects. The industry's extensive research and development efforts to increase the effectiveness of these products also contribute to growth. The present-day agricultural system heavily relies on insecticides and pesticides to ensure the eradication of pests while being extremely profitable. However, these insecticides have a detrimental effect on the environment and human health. As a result, alternative crop protection techniques, such as insect pheromones, have increased due to growing awareness of pesticides' psychological effects, which has further created lucrative opportunities to grow.

• Innovation and technological progress will expand the market in the future.

The development of mass trapping is predicted to be fueled by technical advancements in pheromone compounds, particularly aggregation pheromones, to capture insects and the availability of efficient trap designs due to their ability to control insect populations and reduce the use of insecticides by crop growers. Through several initiatives and policies, the government is attempting to reduce the use of conventional insecticides and pesticides, which are detrimental to the environment and human health and will further expand the market in view of innovation and technological advancement.

Restraints/Challenges

• High costs for upkeep and production limit growth

The market for agricultural pheromones is restricted by high start-up and operating costs for pheromone traps and drawn-out research and development processes. Insect pheromone dispensers need a variety of targets because pheromones are target-specific. The market is also limited in light of manufacturers' rising production and maintenance costs and the introduction of cutting-edge solutions. Additionally, the price of the active chemicals required to create agricultural pheromones is high, which will restrain growth in the future. The increased production and maintenance costs of agricultural pheromones could restrict the market growth.

• Pest pheromone dispensers with multiple targets could control the growth.

Pets are now more resistant to conventional crop protection products due to the widespread and ongoing use of modern crop protection products to eradicate or reduce pest infestation. Depending on their behavior, metabolism, target site, and penetration, they exhibit varying degrees of resistance. A market inhibitor could be the difficulty of manufacturing multi-target pest pheromone dispensers.

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, mating disruption dispenser, also received regulatory approval in Brazil.

Global 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 U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

France dominates the market and will continue to flourish its trend of dominance during the forecast period in Europe. The major factors attributable to the region’s dominance owing to the utilization of the highest amount of insecticides per hectare of the cropland and increased production of crops have led the market

North America will undergo the highest growth rate during the forecast period owing to the high demand from developing economies in the U.S. In addition, massive demand for high-yield crops because of the health awareness in people. Further, China is leading in technological advancements and has adopted integrated pest management solutions 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)