Market Size, Growth & Valuation (2024-30)

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.

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Agricultural Pheromones Market Structure – Segmentation & Geography

By Type

• Sex pheromones
• Aggregation pheromones
• Others (which include alarm pheromones, host-marking pheromones, and trail pheromones)

Sex pheromones are expected to emerge as the dominant category, with the majority of the market share in the forecast period.

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

The Fruits & Nuts segment acquired a significant share in the Global Agricultural Pheromones Market in the historical period and is likely to attain the largest market share during the forecast period.

By Function

• Mass Trapping
• Detection & Monitoring
• Mating Disruption

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.

Key Growth Trends (2024-2030)

Convenient and Ready-to-Use Pheromone Traps Gaining Traction –  Pheromone traps are typically employed to catch specific bug species present in stored goods using pheromone attractants. Other than this, traps are also utilized for mass monitoring and trapping. To capture more insects, however, more traps are being placed per unit area when mass trapping is being used. Thus, ready-to-use pheromone traps emerge as a convenient alternative to traditional ones, with delta, sticky, winged, and funnel traps being a few of the most commonly utilized traps.

Moreover, traditional pheromone traps can be difficult to set up and keep up, requiring time and technical know-how. Because pre-baited and pre-assembled traps are easier to use, especially for small-scale and inexperienced farmers, they are a great option. Therefore, the increasing inclination of manufacturers and farmers toward convenient and Ready-to-Use Pheromone Traps is anticipated to boost market size in the coming years.

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Research Methodology

MarkNtel Advisors employs a thorough and iterative research methodology to enhance accuracy in market estimates. Our process combines bottom-up and top-down approaches, focusing on data triangulation for validation. It includes defining research objectives, selecting representative samples, and collecting data through surveys and interviews. Post-collection, we analyze and validate the data using statistical tools, ensuring reliability. Finally, we forecast market trends through predictive modeling, compiling our insights into detailed reports with charts and strategic recommendations for informed decision-making.

Competitive Analysis Framework

The Agricultural Pheromones industry is moderately fragmented, with key players focusing on technological advancements and strategic partnerships. A detailed competitive analysis helps businesses benchmark against industry leaders and identify growth opportunities.

Leading Agricultural Pheromones Companies are:

• 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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Key Questions Answered in This Report:

1. What is the current market size of Agricultural Pheromones, and what growth rate is projected by 2030?
2. Which key trends are driving Agricultural Pheromones market expansion in the next five years?
3. How does market segmentation impact industry dynamics?
4. Which geographic regions offer the highest growth potential?
5. What are the primary challenges hindering Agricultural Pheromones industry growth?
6. How do regulatory policies influence market development?
7. What are the latest technological advancements impacting the sector?
8. Who are the leading Agricultural Pheromones companies, and what are their market shares?
9. What strategies are top competitors adopting to maintain dominance?
10. What are the emerging niche segments with high growth potential?
11. How do macroeconomic factors affect market performance?
12. What are the investment opportunities for new entrants?
13. How does pricing strategy vary across different market segments?
14. What are the future innovation trends expected in this industry?

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