Agricultural Pheromones Market Size, Share, Trends, and Forecast
Market
Overview:
The
Global Agricultural Pheromones Market size was valued at USD 684.3 Million in
2023 and is projected to reach USD 1,545.21 Million by 2030, growing at a CAGR
of 12.34% from 2023 to 2030.
The Agricultural Pheromones Market is
experiencing significant growth driven by a paradigm shift towards sustainable
and eco-friendly agricultural practices. Pheromones, which are chemical signals
emitted by organisms to communicate with others of the same species, find
extensive applications in agriculture. These compounds are harnessed for pest
management, crop protection, and enhancing overall agricultural productivity.
As concerns about chemical pesticide use rise and environmental sustainability
becomes a priority, the adoption of agricultural pheromones is gaining traction
globally.
The market offers a range of
pheromone-based products, including traps, dispensers, and formulations
tailored for specific crops and pests. Integrated pest management (IPM)
strategies, where pheromones play a pivotal role, are becoming increasingly
popular among farmers seeking to reduce reliance on traditional pesticides.
Leading
companies reviewed in the Agricultural Pheromones Market report is:
Shin-Etsu
Chemical Co. Ltd. (Japan), Koppert Biological Systems (Netherlands), Isagro
Group (Italy), Biobest Group NV (Belgium), Suterra LLC (US), Russell IPM (UK),
ISCA Technologies (US), Trécé Incorporated (US), Bedoukian Research Inc. (US),
Pherobank BV (Netherlands), BASF SE (Germany), Certis Europe BV (Netherlands),
Bioline Agrosciences Ltd. (US), Bio Controle (Brazil), ATGC Biotech Pvt Ltd.
(India), Sumi Agro France (France), SEDQ Healthy Crops S.L. (Spain),
Laboratorios Agrochem S.L. (Spain), Novagrica (Greece), International Pheromone
Systems (UK)
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Key
Chapter Will Be Provided In The Report
·
Patent Analysis
·
Regulatory Framework
·
Technology Roadmap
·
BCG Matrix
·
Heat Map Analysis
·
Price Trend Analysis
·
Investment Analysis
·
Company Profiling and
Competitive Positioning
·
Industry Value Chain
Analysis
·
Market Dynamics and
Factors
·
Porter’s Five Forces
Analysis
·
Pestle Analysis
·
SWOT Analysis
Market
Driver:
A key driver propelling the Agricultural
Pheromones Market is the growing demand for sustainable agriculture practices.
Pheromones provide a targeted and environmentally friendly alternative to
traditional chemical pesticides. As consumers become more conscious of the
environmental impact of agricultural practices, and regulations tighten around
the use of chemical inputs, there is a rising preference for bio-based
solutions like pheromones. These compounds enable precision pest control,
minimizing harm to beneficial organisms and reducing chemical residues on
crops, thus aligning with the broader trend towards sustainable farming.
Market
Opportunity:
An exciting market opportunity lies in
expanding the application of agricultural pheromones beyond pest control.
Pheromones can be utilized for crop enhancement, including techniques like
mating disruption to control plant diseases or improve pollination. As research
and development in this field advance, there is potential for innovative
pheromone-based solutions that go beyond pest management, contributing to the
overall health and resilience of crops. This diversification of applications
opens avenues for companies to explore novel formulations and expand their
product portfolios.
Segmentations
Analysis of Agricultural Pheromones Market
By
Type
·
Sex Pheromones
·
Aggregation Pheromones
·
Repellent Pheromones
·
Others
By
Function
·
Mating Disruption
·
Detection & Monitoring
·
Mass Trapping
By
Application
·
Dispensers
·
Traps
·
Spray Method
By
Crop Type
·
Field Crops
·
Orchard Crops
·
Vegetables
·
Others
By
Region
·
North America (Us, Canada, Mexico)
·
Eastern Europe (Bulgaria, The Czech
Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
·
Western Europe (Germany, UK, France,
Netherlands, Italy, Russia, Spain, Rest of Western Europe)
·
Asia Pacific (China, India, Japan, South
Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand,
Rest Of APAC)
·
Middle East & Africa (Turkey,
Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
·
South America (Brazil, Argentina, Rest
Of SA)
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Key
Industry Developments in the Agricultural Pheromones Market
In
March 2023, BASF presents the latest advancements
in its agricultural innovation pipeline of crop protection, seeds and traits,
and digital solutions. Their focus is to provide much-needed solutions for
farmers to overcome local and crop system-specific pest pressures, climate
challenges, changing regulatory requirements, and rising consumer expectations.
Important Features
that are under offering & key highlights of the report:
·
The
primary objective is to underline the competitive structure of Global Agricultural
Pheromones Industry.
·
The
research includes study of several small to medium-sized companies that compete
with each other and large enterprises.
·
Which
segment has the potential to gain the highest market share?
·
Identifying
Untapped Geographic Market Territory with growth Potential of Agricultural
Pheromones Market
·
Identify
regional factors impacting production studied at Global scale.
·
Insights
on Regulatory & Economic policies by geography giving ease to Market entry.
·
What
product features & benefits offered by Industry players studied and broken
down by diverse group of customer class.
·
Correlate
cost structure historical data with key business segments
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Key
Reasons to Purchase:
1) To gain insightful analyses of the market and have
comprehensive understanding of the global market and its commercial landscape.
2) Assess the production processes, major issues, and
solutions to mitigate the development risk.
3) To understand the most affecting driving and
restraining forces in the Agricultural Pheromones market and its impact in the global market.
4)
Learn about the Agricultural Pheromones market
strategies that are being adopted by leading respective organizations.
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