Agricultural Pheromones Market Forecast 2024 to 2032

Agricultural pheromones are chemical substances released by plants and animals in the agricultural ecosystem to communicate and coordinate various biological processes. These pheromones play a crucial role in regulating behaviours such as mating, foraging, and territorial marking. In agriculture, synthetic pheromones are extensively used to manipulate and control pest populations by disrupting their mating patterns. By mimicking the natural pheromones, synthetic versions can confuse pests, prevent successful reproduction, and ultimately reduce crop damage. This environmentally friendly approach offers a targeted and sustainable solution for pest management, minimizing the need for conventional chemical pesticides and minimizing negative impacts on beneficial organisms and ecosystems.

Report Overview
The Agricultural Pheromones Market was valued at USD 428.30 million in 2022 and is expected to register CAGR of 7.21% by 2032.

The agricultural pheromones market is influenced by various drivers such as growing demand for sustainable pest management, effective pest control, government support and regulations, increasing organic farming practices, etc.

The Agricultural Pheromones industry is segmented By Type (Sex Pheromones, Aggregation Pheromones, Others), By Application (Orchard Crops, Field Crops, Vegetables, Others)

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Report Coverage:

Market Restraints
1. Limited Effectiveness for Some Pest Species: While agricultural pheromones are highly effective for certain pests, they may not work as well for all insect species. Some pests have complex mating behaviours or are less responsive to pheromone signals, limiting the effectiveness of pheromone-based control methods.
2. High Costs: Agricultural pheromones can be relatively expensive compared to conventional chemical pesticides. The production and extraction of pheromones from natural sources can be challenging and costly. This cost factor can hinder their widespread adoption, especially in regions with limited financial resources.
3. Lack of Awareness and Knowledge: The awareness and understanding of agricultural pheromones among farmers and agricultural stakeholders may be limited. Many farmers may be unfamiliar with pheromone-based pest control methods or may lack knowledge about their proper usage and application. Insufficient education and awareness can hinder market growth.

Key Companies
Shin-Etsu
Suterra
Bedoukian Research
SEDQ
Pherobank
Isagro
Russell Ipm
BASF
Provivi
Biobest
Laboratorios Agrochem
Wanhedaye

Our report takes into consideration revenues of all the Tier 1, 2, 3 players in the market.

Recent News
1. Syngenta Crop Protection Launches M2i’s Pheromone-Based Technology to Support Wine Growers in France (Click here)
2. New Partnership to Offer Pheromone-Based Biological Crop Protection Solutions (Click here)

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Key Questions Addressed in the report Include:
Which market segments are generating the most revenue?
What is the geographical outlook for various market segments?
Where are the future investment opportunities considering the recent trends?
What is the effect of various market dynamics on the market and how will the market shape in future?
Which are Potential & niche segments and regions exhibiting promising growth?
What are the current challenges in Agricultural Pheromones Market?
Who are the major players in the Agricultural Pheromones Market and what does market share analysis looks like?

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