Global Pheromones Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Type;
Sex Pheromones, Aggregation Pheromones, and Others.By Mode of Application;
Dispensers, Traps, and Sprays.By Function;
Mating Disruption, Detection & Monitoring, Mass Trapping.By Crop Type;
Fruits & Nuts, Field Crops, Vegetable Crops, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).Introduction
Global Pheromones Market (USD Million), 2020 - 2030
In the year 2023, the Global Pheromones Market was valued at USD 3,793.75 million. The size of this market is expected to increase to USD 10,983.46 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 16.4%.
Pheromones are chemical compounds utilized by insects and other animals for communication purposes. Additionally, these chemicals are employed in agricultural fields for monitoring, trapping, or disrupting toxic pests. Synthetic pheromones are artificial versions of natural pheromones, aiding in insect attraction. Nowadays, farmers and key market participants are increasingly adopting pheromones as an integrated pest management technique, driven by rapid advancements in agricultural methods and technology worldwide.
Agricultural pheromones offer numerous health benefits and are environmentally friendly. As a result, their usage is projected to grow significantly in the coming years. The utilization of agricultural pheromone traps enables early detection of pests and insects, thereby reducing damage to crops and other plants. The introduction of innovative pheromone formulations stands as a key driver for the growth of the agricultural pheromones market.
Global Pheromones Market Report Snapshot
Parameters | Description |
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Market | Global Pheromones Market |
Study Period | 2020 - 2030 |
Base Year (for Pheromones Market Size Estimates) | 2023 |
Drivers |
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Restraints |
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Opportunities |
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Segment Analysis
This report extensively covers different segments of Global Pheromones Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
Global Pheromones Segment Analysis
In this report, the Global Pheromones Market , Segmented by Type, Mode of Application, Function, Crop Type and Geography.
Global Pheromones Market, Segmentation by Type
Global Pheromones Market ,Segmented by Type into Sex Pheromones, Aggregation Pheromones, and Others.
Based on the Type, the Sex Pheromones segment is currently dominating the Global Agricultural Pheromones Market due to their widespread usage in integrated pest management systems. These pheromones have proven to be highly effective in disrupting the mating cycles of various pest species, thereby controlling pest populations and minimizing crop damage. By interfering with their ability to reproduce, sex pheromones play a crucial role in revolutionizing pest control practices worldwide. With their continued success and growing adoption in agriculture, the use of sex pheromones is expected to expand even further, offering sustainable and innovative solutions for pest management in the future, Sex pheromones are primarily used to attract mates and are widely used in pest management to disrupt mating patterns of insects, thereby reducing pest populations.
Aggregation pheromones, on the other hand, are used to attract individuals of the same species, often for purposes such as monitoring or mass trapping. Other types of pheromones may include alarm pheromones, which are used to signal danger, or trail pheromones, which are used by social insects like ants to mark paths. Each type of pheromone has specific applications and plays a crucial role in various industries such as agriculture, forestry, and pest control.
Global Pheromones Market, Segmentation by Mode of Application
Global Pheromones Market, Segmented by Mode of Application into Dispensers, Traps and Sprays.
Dispensers are devices that release pheromones slowly over time, typically used in integrated pest management (IPM) programs to control insect pests in agricultural settings. Traps are designed to attract and capture pests using pheromones, helping to monitor and reduce pest populations. Sprays are formulations containing pheromones that can be applied directly to crops or areas affected by pests, offering targeted control measures.
Each mode of application has its advantages and is used based on the specific pest control requirements and application methods preferred by users. Dispensers and traps are often used in combination to lure and trap pests effectively, while sprays provide a more direct and immediate application for controlling pests in specific areas. As the demand for environmentally friendly pest control methods increases, the use of pheromones in these different application modes is expected to grow, driving the overall market growth.
Global Pheromones Market, Segmentation by Function
Global Pheromones Market, Segmented by Function into Mating Disruption, Detection & Monitoring, Mass Trapping.
Mating disruption involves the use of pheromones to interfere with the mating behavior of pests, reducing their reproductive success and ultimately controlling their population. This method is particularly effective for pests that rely on pheromones for mate attraction, such as moths and beetles. Detection & Monitoring uses pheromone-baited traps to monitor pest populations, providing early warning of potential infestations and helping to guide pest management decisions. Mass trapping involves the use of pheromone traps to capture large numbers of pests, reducing their population density and minimizing crop damage.
These different functions offer targeted and environmentally friendly pest control solutions, reducing the reliance on chemical pesticides and minimizing the impact on non-target organisms. As sustainable agriculture practices gain traction worldwide, the demand for pheromones for these functions is expected to increase, driving the growth of the global pheromones market.
Global Pheromones Market, Segmentation by Crop Type
Global Pheromones Market, Segmented by Crop Type into Fruits & Nuts, Field Crops, Vegetable Crops, and Others.
Fruits & Nuts segment includes crops like apples, grapes, and almonds, where pheromones are used to control pests such as codling moths and grapevine moths. Field Crops segment covers crops like corn, wheat, and soybeans, where pheromones are used to control pests like corn earworms and armyworms. Vegetable Crops segment includes crops like tomatoes, peppers, and cucumbers, where pheromones are used to control pests such as tomato fruitworms and diamondback moths. Other crops may include specialty crops like spices, herbs, and medicinal plants, where pheromones can also be used for pest control.
The use of pheromones in these different crop types offers targeted and environmentally friendly pest control solutions, helping to reduce the reliance on chemical pesticides and minimize the impact on beneficial insects and the environment. As the demand for sustainable agriculture practices grows, the adoption of pheromones in crop protection is expected to increase, driving the growth of the global pheromones market.
Global Pheromones Market, Segmentation by Geography
In this report, the Global Pheromones Market , Segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Pheromones Market Share (%), by Geographical Region, 2023
North America accounted for the highest market shares globally in 2022 and is projected to maintain its dominance in the market going forward. The increasing market penetration, not only in agriculture but also in forestry and various industries such as pharmaceuticals and food, is expected to drive the demand for agricultural pheromones. Significant agricultural crop production in the region includes grapes, cotton, corn, tomatoes, and stone fruits, which are susceptible to insect species like codling moths, leaf miners, pink bollworm, and berry moths. Agricultural pheromones are used for mating disruption purposes to address these challenges. Consequently, these factors are anticipated to fuel the market demand in North America in the coming years. Asia Pacific is expected to exhibit the highest compound annual growth rate (CAGR) globally in the near future.
This growth can be attributed to increasing research and development (R&D) activities in the agriculture sector and the cultivation of crops like coffee, corn, and soybean across the region. The agriculture sector in the APAC region is transitioning from traditional practices to innovative methods and modern technological developments. As a result, there will be a growing need for effective pest control methods and updated crop management techniques, creating lucrative opportunities for the agriculture pheromones market in the Asia Pacific region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Pheromones Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Influence of Climate Change on Agricultural Practices
- Advances in Pheromone Synthesis Technologies
- Rising Interest in Organic Farming & Natural Pest Control Methods
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Adoption & integration of IoT and AI in Pest Monitoring:- The global demand for Agricultural Pheromones is projected to surge in the coming years, driven largely by the adoption and integration of Internet of Things (IoT) and Artificial Intelligence (AI) in pest monitoring. These technologies provide accurate, real-time data that allows for more effective pest management, reducing the reliance on harmful chemical pesticides. Pheromones, as eco-friendly solutions, fit perfectly into this technologically-enabled approach.IoT devices can detect pest presence and intensity, sending this information to cloud-based AI systems for analysis.The AI can then predict the potential spread of pests and recommend the appropriate use of pheromones. This means that agricultural pheromones can be deployed precisely where and when they are needed, maximizing their effectiveness and reducing waste.
The use of AI and IoT helps in the early detection of pest infestations, allowing for timely intervention with pheromones before the populations become unmanageable. This, in turn, improves crop health and yields, making the use of pheromones even more attractive to growers. As the benefits of this tech-enabled approach become more evident and the technology itself becomes more affordable, it's expected more and more agricultural operations around the globe will adopt this method, driving the demand for agricultural pheromones.
Restraints
- Competition from Chemical Pesticides
- Limited Awareness and Acceptance
- Regulatory Challenges
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High Maintenance & Production Costs of Agricultural Pheromones:- Global demand for agricultural pheromones is expected to be adversely affected by the high maintenance and production costs associated with these products. Pheromones, although highly effective in pest control, require substantial financial investment in terms of production, preservation, and application. The production process is complex and requires specialized facilities, leading to increased costs. In addition, these products need to be stored in controlled conditions to maintain their efficacy, further adding to the overall costs. The application process often demands the use of specialized equipment and skilled personnel, making it less economically viable for farmers operating on a small scale or in regions with limited resources.
The high expenses associated with the use of agricultural pheromones may deter potential users, especially in developing countries where farmers are price-sensitive and have limited access to advanced farming technologies. Consequently, the affordability factor plays a significant role in determining the demand, and the high costs involved in the production and maintenance of agricultural pheromones could potentially decrease their global demand.
Opportunities
- Growing Demand for Sustainable Agriculture
- Expanding Application in Crop Protection
- Increasing Research and Development
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Growing Adoption in Developing Regions:- The growing adoption of pheromones in developing regions presents a significant opportunity for market expansion. As economies in these regions develop and agricultural practices evolve, there is an increasing awareness of the benefits of pheromones in pest management and crop protection.
Factors such as rising incomes, changing consumer preferences towards organic and sustainable products, and government initiatives promoting environmentally friendly agricultural practices are driving the adoption of pheromones. Additionally, the availability of cost-effective pheromone products and the support from agricultural extension services are further fueling the growth of the market in developing regions.
Competitive Landscape Analysis
Key players in Global Pheromones Market include,
- Biobest Group NV
- BASF SE
- Shin-Etsu Chemical Co., Ltd.
- ATGC Biotech Pvt Ltd.
- Bioline AgroSciences Ltd
- Bio Controle
- Métodos de Controle de Pragas Ltda.
- Isagro Group
- Koppert Biological Systems
- Hercon Environmental Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Mode of Application
- Market Snapshot, By Function
- Market Snapshot, By Crop Type
- Market Snapshot, By Region
- Market Opportunity Map
- Global Pheromones Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Influence of Climate Change on Agricultural Practices
- Advances in Pheromone Synthesis Technologies
- Rising Interest in Organic Farming & Natural Pest Control Methods
- Adoption & integration of IoT and AI in Pest Monitoring
- Restraints
- Competition from Chemical Pesticides
- Limited Awareness and Acceptance
- Regulatory Challenges
- High Maintenance & Production Costs of Agricultural Pheromones
- Opportunities
- Growing Demand for Sustainable Agriculture
- Expanding Application in Crop Protection
- Increasing Research and Development
- Growing Adoption in Developing Regions
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Pheromones Market, By Type, 2022 - 2032 (USD Million)
- Sex Pheromones
- Aggregation Pheromones
- Others
- Global Pheromones Market, By Mode of Application, 2022 - 2032 (USD Million)
- Dispensers
- Traps
- Sprays
- Global Pheromones Market, By Function, 2022 - 2032 (USD Million)
- Mating Disruption
- Detection & Monitoring
- Mass Trapping
- Global Pheromones Market, By Crop Type, 2022 - 2032 (USD Million)
- Fruits & Nuts
- Field Crops
- Vegetable Crops
- Others
- Global Pheromones Market, By Geography, 2022 - 2032 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Pheromones Market, By Type, 2022 - 2032 (USD Million)
- Competitive Landscape
- Company Profiles
- Biobest Group NV
- BASF SE
- Shin-Etsu Chemical Co., Ltd.
- ATGC Biotech Pvt Ltd.
- Bioline AgroSciences Ltd
- Bio Controle
- Métodos de Controle de Pragas Ltda.
- Isagro Group
- Koppert Biological Systems
- Hercon Environmental Corporatio
- Company Profiles
- Analyst Views
- Future Outlook of the Market
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