Agricultural Pheromones Market by Type (Sex Pheromones, Aggregation Pheromones, and Others), Function (Mating Disruption, Detection & Monitoring, Mass Trapping, and Others), Crop Type (Fruits, Vegetables, Field Crops, and Others): Global Market Size Estimates and Forecast (2022-2030)
The market crossed US$ 3 billion mark in 2022 and is expected to hit US$ 7.5 billion by 2030, recording a CAGR of 9% during the forecast period.
Agricultural pheromones market has been significantly growing with the rising acceptance of sustainable agricultural practices
The agricultural pheromones market is growing as there is a growing acceptance of more sustainable, less environmentally impactful pest control solutions. Moreover, phasing out and bans on insecticides in different countries and regions is also driving the growth of the agriculture pheromones market. The detection and monitoring segment is one of the major functions of agricultural pheromones. Further, other segments such as mating disruption and mass trapping are also expected to gain traction during the forecasted year.
Within the report, the market is segmented into type, function, crop type, and geography. By type, the market is further segmented into sex pheromones, aggregation pheromones, and others. On the basis of function, the market is segmented into mating disruption, detection & monitoring, mass trapping, and others. On the basis of crop type, the market is segmented into, fruits, vegetables, field crops, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
Growing prevalence of plant pests and diseases
The changes in climatic conditions have resulted in the growing prevalence and occurrence of plant pests and diseases. The climate change plays an important role in crop production and susceptibility of pests. The climate change condition increases the susceptibility of crops to different pests, which negatively impacts the overall crop production. This has encouraged farmers to use different crop protection products for effective pest prevention. This is fuelling the agricultural pheromones market growth.
Strong growth of the market in North America region
The agricultural pheromones market in North America is growing due to increasing use of pheromones in agriculture. The government is also encouraging the use of sustainable crop protection products. Further, the presence of the various major players offering a high quality product is also contributing to the growth of the market in the region.
Recent strategic developments in agricultural pheromones market
The agricultural pheromones market has undergone several significant developments, and a few of these have been mentioned below:
- In 2020, Syngenta Crop Protection launched M2i’s pheromone-based technology, EXPLOYO Vit, to support wine growers in France.
- In March 2022, Provivi and Syngenta Crop Protection launched pheromone-based Nelvium to control detrimental rice pests. The innovation has been applied in Indonesia, the world’s third-largest rice producer.
The agricultural pheromones market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Biobest Group NV, Russell IPM, Pherobank, Suterra, and Koppert are among the prominent players operating in the market.
Target audience for the report:
- Raw material providers
- Agricultural pheromones related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-up companies
- Applications of agricultural pheromones
- Research institutes, organizations, and consulting companies
Scope of the report:
In this report, the market has been segmented on the basis of:
- Sex Pheromones
- Aggregation Pheromones
- Mating Disruption
- Detection & Monitoring
- Mass Trapping
- Crop Type
- Field Crops
- North America
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
- Companies profiled
- Biobest Group NV
- Russell IPM
The List of Companies
- Biobest Group NV
- Russell IPM