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Agricultural Pheromones Global Market Report 2024 by The Business Research Company| ATGC Biotech Pvt Ltd, BASF SE, Bio Controle, Biobest Group NV, Novagrica, Pherobank BV, Provivi Inc, Russell IPM, Shin Etsu Chemical Co Ltd, Suterra LLC,
Agricultural Pheromones Market Trends
The agricultural pheromones market size is expected to see rapid growth in the next few years. It will grow to $9.6 billion in 2028 at a compound annual growth rate (CAGR) of 17.2%. The growth in the forecast period can be attributed to growing global population, expansion greenhouse farming, rising e-commerce platforms, rising consumer demand for pesticide-free produce, emerging markets for organic and specialty crops. Major trends in the forecast period include integrated pest management (ipm) adoption, customized pheromone blends, collaborative research initiatives, diversification of pheromone types, synthetic pheromone production, .
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Agricultural Pheromones Market Major Segments
The agricultural pheromones market covered in this report is segmented -
1) By Type: Sex Pheromones, Aggregation pheromones, Other Types
2) By Function: Detection And Monitoring, Mass trapping, Mating disruption, Other Functions
3) By Crop Type: Field Crops, Vegetables, Orchard Crops, Other Crop Types
4) By Mode of Application: Dispensers, Traps, Sprayers
Key Driver - Rising Awareness Of Chemical Pesticide Risks Drives The Agricultural Pheromones Market
The growing awareness of the risks of chemical pesticides is expected to propel the growth agricultural pheromones market. The awareness of the risks of chemical pesticides has led people to adopt organic food as organic foods are grown using pheromones chemicals that are pest-free and are good for health. According to the Indian Brand Equity Foundation (IBEF), an Indian Government export promotion agency, the Indian organic business is expected to reach $ 10.73 billion by 2025 because chemical pesticides are harmful. Therefore, the growing awareness of the risks of chemical pesticides is expected to drive the growth of the agricultural pheromones market.
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Prominent Trend - Focus On Technological Advancements For Developing New Products
Technological advancements are shaping the agricultural pheromones market. Technological advancement is a discovery of knowledge that helps in developing products using technology. In 2022, Provivi a US-based biotechnology company, and Syngenta a Switzerland-based agrichemical company launched pheromone-based Nelvium to control detrimental rice pests. This Nelvium pheromone solution helps in controlling pests. This innovation has been applied in Indonesia for crop protection.
Agricultural Pheromones Market Players
Major companies operating in the agricultural pheromones market include ATGC Biotech Pvt Ltd, BASF SE, Bio Controle, Biobest Group NV, Novagrica, Pherobank BV, Provivi Inc, Russell IPM, Shin Etsu Chemical Co Ltd, Suterra LLC, International Pheromone Systems Ltd, Syngenta, Exosect Ltd., Pheromone Chemicals Ltd., Barrix Agro Sciences Pvt. Ltd., Isagro S.p.A., SEDQ Healthy Crops SL, ISCA Technologies Inc., Koppert Biological Systems B.V., Pacific Biocontrol Corporation, Bedoukian Research Inc., Trécé Inc., Isca Technologies Inc., Bioline AgroSciences Ltd., BioPhero ApS, Bioiberica S.A.U., BioWorks Inc., Certis Europe B.V., ChemTica International S.A., ConTech Enterprises Inc.
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Largest And Fastest Growing Region In The Market
North America was the largest region in the agricultural pheromones market in 2023. North America is expected to be the fastest-growing region in the agricultural pheromones market share during the forecast period. The regions covered in the agricultural pheromones market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Agricultural Pheromones Market Report Structure
3. Agricultural Pheromones Market Trends And Strategies
4. Agricultural Pheromones Market - Macro Economic Scenario
5. Agricultural Pheromones Market Size And Growth
…..
27. Agricultural Pheromones Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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