Global Pheromones Market By Type (Sex Pheromones,Aggregation Pheromones,Others), By Application (Gypsy Moth,Codling Moth,Vine & Berry moths,Others), By Region, And Segment Forecasts, 2023 to 2032

Market Overview:

Pheromones are chemicals secreted by animals, including insects that influence the behaviour or physiology of others of the same species. In agriculture, pheromones are primarily used for pest control, acting as a safer and environmentally friendly alternative to traditional insecticides. They can also be employed in various forms, such as lures, traps or mating disruption techniques to monitor and manage pest populations effectively.

The global agricultural pheromones market was valued at USD 3.14 billion in 2023 and is projected to reach USD 10.46 billion by 2032, growing at a CAGR of 16.5%. Growing environmental concerns about chemical pesticides have led to an increase in demand for sustainable pest management techniques. Pheromones provide an environmental substitute, which encourages their use in agriculture and is one of the key elements anticipated to fuel market expansion.

Premium Insights:

• Pheromones offer an environmentally friendly solution to pest management, aligning with the global trend towards sustainable farming practices.

• The market is expanding due to the growing adoption of integrated pest management (IPM) practices and the increasing prevalence of organic farming

Global Pheromones Market Dynamics:

Drivers: Increased focus on IPM, growing demand for organic food production and development of new pheromone-based technologies 

-Modern pest management strategies emphasize IPM, which combines various control methods. Pheromones play a crucial role in IPM by monitoring, disrupting mating, or attracting targeted pest populations, reducing reliance on chemical insecticides.

-The increasing demand for organic food necessitates the use of non-chemical pest control methods. Pheromones offer a safe and effective solution for organic farmers to manage pest populations.

-Advancements in pheromone research and encapsulation technologies are leading to the development of more potent, long-lasting, and user-friendly pheromone products.

Restraints: Higher initial costs, efficacy can be affected by environmental conditions, limited availability of certain pheromones and potential for pest adaptation & reduced effectiveness

-In some cases, implementing pheromone-based pest control strategies may require an initial investment in specialized equipment and expertise compared to readily available insecticides.

-The effectiveness of pheromones can be influenced by environmental factors like temperature, wind, and humidity. This may require adjustments to application methods or limitations in certain environments.

-The availability of pheromones for specific pest species may be limited due to the complexities of pheromone identification and commercial production.

-Over time, some pest populations may develop a tolerance to specific pheromones. Monitoring and rotating pheromone types with other control methods is crucial for long-term effectiveness.

Opportunities: R&D of new pheromones, advancements in delivery systems & monitoring technologies and focus on combination strategies & integration with precision agriculture.

-Continuous research efforts focused on identifying pheromones for a wider range of pest species and developing more targeted and effective formulations can significantly expand market reach.

-Innovation in delivery systems like sustained-release dispensers and pheromone-based monitoring traps can improve user convenience and effectiveness in pest management programs.

-Integrating pheromones with other IPM techniques and precision agriculture technologies like remote monitoring systems can optimize pest management strategies and enhance overall crop protection.

Market By Pheromones Type Insights:

Based on crop type, the market is segmented into Fruits, Vegetables, Tea Plants, Turf and Ornaments, Oilseeds and Pulses, Cereals and Grains and Others. The fruits and nuts segment accounted for the largest share of the market. Insects such as codling moths, oriental fruit borer, fruit fly, Indian meal moths and leafroller.  Research is also being done to efficiently manage fruit pests by making use of pheromone nanogels. In most cases, dispensers are utilised for the delivery of pheromones used in mating disruption in fruit crops. The fruit and nuts segment is expected to propel the market growth.

Based on type, the market is segmented into Sex pheromones, Aggregation pheromones and Others (host-marking pheromones, alarm pheromones and trail pheromones). Sex pheromones are expected to dominate the market. This is due to farmers in horticulture and agriculture using sex pheromones and attractants extensively to effectively decrease crop-damaging insect and pest populations. Additionally the widespread recognition by regulatory bodies in numerous nations regarding the safety of  sex pheromone usage has helped in its worldwide adoption.

Based on function, the market is segmented into Mating Disruption, Mass Trapping, Detection and Monitoring and Others. Mating disruption is expected to lead the market in the coming years owing to a variety of reasons. It is a highly sustainable and environmentally friendly pest control method as it involves the use of synthetic pheromones to interfere with the communication between insects, particularly disrupting their mating behaviour. In this method, the pheromones are released at such a high rate that the male is confused or unable to detect the plume of the calling female. Hence, mating disruption stands out as an effective and promising approach in the agricultural pheromones market, offering a safer, more targeted and environmentally conscious way to manage pests, driving the market growth.

Based on the mode of application, the market is segmented into Dispenser, Traps, Sprays and Others. Dispensers accounted for the largest market share due to it being used to monitor insect populations in stored products, arable crops and forest ecosystems. Some of the most commonly utilised dispensers include membrane dispensers, septum dispensers and solid matrix dispensers. Furthermore, the introduction of modern dispensers coupled with techniques catering to a specific type dispensing, is driving market growth.

Market By End-Use Insights:

Based on end use, the agricultural segment is the largest segment driven by the need to protect crops and enhance yield. 

Market By Region Insights:

Based on regional coverage, the global pheromones market is segmented into Asia-Pacific, North America, Europe, Latin America and Middle East & Africa. North America has dominated the pheromones market before and is likely to continue to dominate owing to the ever-increasing market for pheromones in the US as the majority of the market share is attributed to the production and consumption of processed fruits. The growing adoption of sex pheromones for luring and killing insects targeting cherries, apples, tomatoes and grapes while preventing insect mating has bolstered the market in Canada.

Competitive Scenario:

Key players include Shin-Etsu Chemical Co., Ltd, FMC Corporation, BASF SE, Bioline AgroSciences Ltd., ISCA, BedoukianBio, Koppert, Biobest Group NV, ChemTica Internacional, S. A.,  Laboratorios Agrochem S.L., Nufarm,  Pherobank,  Hercon Environmental, Russell IPM Ltd, Suttera (A Subsidiary of The Wonderful Company LLC.), and Trécé Inc., among others.

Scope of Work-Global Pheromones Market

Key Market Developments 

• January 2023- Koppert Biological Systems completed the acquisition of Linderso AB, a prominent Swedish distributor. The acquisition would enable the company to improve its geographical presence and commercial strength in the Scandinavian region.

• May 2023-Biobest Group NV proposed the acquisition of Bioworks Inc. This acquisition would enable Biobest Group NV to expand its biopesticide product portfolio and to also enhance the company’s manufacturing capabilities in North America.

• February 2023- Suttera LLC, a subsidiary of Wonderful Company LLC launched a new monitoring lure for apple, pear and walnut pests. This lure then could be beneficial for controlling coddling moths that affect fruit crops. Suterra LLC is expanding its product portfolio of monitoring products which are used for mating disruption, particularly in orchids

Frequently Asked Questions ( FAQs)

1. What is the current size of the global pheromones market?

Ans. The current size of the market was valued at USD 3.14 billion in 2023

2. What are the main drivers of the pheromones market?

Ans. Key drivers include increased focus on IPM, growing demand for organic food production and development of new pheromone-based technologies

3. What are the primary challenges faced by the market?

Ans. Challenges include higher initial costs, efficacy can be affected by environmental conditions, limited availability of certain pheromones and potential for pest adaptation & reduced effectiveness

4. What opportunities exist in the market?

Ans. Opportunities include R&D of new pheromones, advancements in delivery systems & monitoring technologies and a focus on combination strategies & integration with precision agriculture.