Global Agricultural Pheromoness Market Overview:
According to MarkNtel Advisors study the Global Agricultural Pheromones Market size was valued at USD 3.5 Billion in 2022 and is projected to grow at a CAGR of around 14% during the forecast period, i.e., 2024-30. The industry is predominantly driven by the incessant need to ramp up agricultural productivity owing to the fast-growing population worldwide. Given this, the adoption of sustainable agriculture practices has surged in the past few years, including pest control usage. Factors like chronic climate change, increased crop protection product usage in fruits, vegetables, and row crops, and the negative impact of pesticides on human health have called for numerous investigations on a variety of biological, chemical, and mechanical techniques to prevent the harmful effects of pesticides and limit the further expansion of pests.
Key Findings of the Study: Agricultural Pheromoness market
Global Agricultural Pheromones Market Challenge:
Constant Competition from the Well-established Chemical Industry – The chemical pesticides sector comprises many multinational corporations that are more well-known in their respective markets. In addition, they have efficient distribution systems that reach remote areas on practically all continents, particularly across the Asia-Pacific. As such, small retailers and shopkeepers in India are reportedly afraid to stock and sell biologicals because they believe their quality is questionable, according to the Institute of Management Development and Research (IMDR) of India. Thus, the well-established chemical pesticide manufacturers, which meet the needs of farmers with the aid of a wide range of products, are another factor in the low adoption rate of pheromones.
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Scope of the Agricultural Pheromoness Market Report Segmentation
-By Type
- Sex pheromones
- Aggregation pheromones
- Others (which include alarm pheromones, host-marking pheromones, and trail pheromones)
-By Mode of Application
- Dispensers
- Traps
- Spray
- Others
-By Species
- Moths
- Beetles & Bugs
- Armyworm
- Butterflies
- Others
-By Crop Type
- Fruits & Nuts
- Vegetable
- Tea Plants
- Flower
- Others
-By Function
- Mass Trapping
- Detection & Monitoring
- Mating Disruption
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Geographical analysis:
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
On the geographical front, North America exhibited dominance in the historical years and is likely to prevail in the same trend in the coming years. It is primarily because of the ever-increasing market for pheromones in the US, as the country solely accounts for the majority share in producing and consuming fresh and processed fruits. On the other hand, the steady adoption of sex pheromones for luring and killing insects targeting apples, cherries, tomatoes, soybeans, and grapes while preventing insect mating has bolstered the market in Canada.
Global Agricultural Pheromones Industry Recent Development:
In March 2022, Provivi, a top manufacturer of pheromone-based crop protection solutions, and Syngenta Crop Protection, one of the world's largest agricultural firms, announced the launch of NelviumTM, a new mating disruption product.
Current Landscape of Agricultural Pheromoness Market
The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Agricultural Pheromoness market. The research report profiles major players, including
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- Russell IPM
- Shin-Etsu Chemical Company
- Isagro S.p.A.
- Biobest Group
- SEDQ Healthy Crops SL
- ISCA Global
- Suterra LLC
- Provivi, Inc.
- Koppert Biological Systems
- Pacific Biocontrol Corporation
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