Agricultural Pheromones Market: IoT and AI Innovations Fuel Market Expansion

According to TechSci Research report, “Agricultural Pheromones Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Agricultural Pheromones Market stood at USD 3.14 Billion in 2023 and is anticipated to grow with a CAGR of 14.36% through 2029. The global agricultural pheromones market is experiencing robust growth due to several key factors. The increasing demand for sustainable farming practices is leading to the adoption of pheromones as a bio-based solution for pest control. Additionally, the rising resistance of pests to conventional chemical pesticides is driving farmers to turn to pheromones for effective pest management. Supportive government initiatives promoting eco-friendly farming practices, along with growing awareness among farmers about the benefits of pheromones, are further accelerating market growth.

The agricultural pheromones market is a dynamic and rapidly evolving sector that encompasses various aspects of farming and horticulture worldwide. It plays a crucial role in pest management, crop pollination, and overall agricultural sustainability across multiple regions. Continuous research and development efforts aim to innovate and introduce new pheromone products, while advancements in deployment mechanisms seek to enhance efficacy and efficiency.

Technologies such as microencapsulation and controlled release systems are being explored to prolong the duration and effectiveness of pheromone-based pest control methods. Moreover, the integration of artificial intelligence and machine learning algorithms is opening new avenues for precision agriculture and targeted pheromone application.

Regulatory policies are also being established to ensure the responsible and safe use of pheromones in agriculture. International standards and guidelines address concerns such as residue tolerance, ecological impact assessment, and labeling requirements to maintain consumer confidence, protect the environment, and sustain market growth. The expansion of the agricultural pheromones market is driven by various factors, including the increasing demand for sustainable farming practices and the need for effective pest control solutions to protect crops and maximize yields.

Growing awareness of the negative impacts of synthetic pesticides on human health and the environment has also prompted a shift towards integrated pest management approaches, where pheromone-based solutions play a significant role. As farmers and researchers collaborate to address food security and environmental sustainability challenges, the future of agricultural pheromones holds immense potential in shaping global agriculture.

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The Global Agricultural Pheromones Market is segmented into type, function, crop type, mode of application, regional distribution, and company.

Based on Crop Type, Fruits & Nuts have emerged as the dominating segment in the Global Agricultural Pheromones Market in 2023. The agricultural sector has experienced a notable surge in pheromone utilization for pest control, primarily driven by the substantial economic value of crops and the growing emphasis on sustainable farming methods. Fruit and nut growers worldwide have embraced this technology to optimize yields and mitigate crop losses, thereby significantly bolstering the market share of agricultural pheromones.

Additionally, the adoption of pheromones in the Fruits and Nuts segment has yielded not only effective pest management but also various ancillary benefits. By integrating pheromones into their practices, farmers have observed a reduction in the reliance on chemical pesticides, leading to decreased environmental pollution and a safer working environment for agricultural workers. Furthermore, pheromone usage has demonstrated potential in enhancing fruit quality and prolonging the shelf life of harvested produce, thereby augmenting the market value of these agricultural commodities.

Based on Region, Asia Pacific have emerged as the fastest growing region in the Global Agricultural Pheromones Market in 2023. In the Asia Pacific region, agricultural expansion is rapidly unfolding due to population growth, urbanization, and escalating food demand. With the broadening scope of agricultural activities, there arises a heightened necessity for efficient pest management solutions, such as pheromones, thereby propelling market expansion. Concurrently, there is a burgeoning consciousness and uptake of sustainable farming practices among stakeholders in the region. Farmers are increasingly gravitating towards eco-friendly pest control methods, such as pheromones, to mitigate environmental impact and ensure enduring agricultural sustainability.

Moreover, numerous countries within the Asia Pacific realm are enacting supportive policies and initiatives aimed at fostering sustainable agriculture while diminishing reliance on chemical pesticides. Government backing for integrated pest management (IPM) programs, often integrating pheromones, serves to further catalyze market growth. Notably, advancements in pheromone formulation, deployment techniques, and application technologies are enhancing accessibility and efficacy for farmers across the Asia Pacific region. Augmented awareness and education regarding the benefits of pheromones are additionally fostering market penetration and adoption.

Major companies operating in Global Agricultural Pheromones Market are:

• Biobest Group NV
• BASF SE
• Shin-Etsu Chemical Co., Ltd.
• ATGC Biotech Pvt Ltd.
• Bioline AgroSciences Ltd. 
• Bio Controle
• Isagro S.p.A. 
• Koppert B.V. 
• Hercon Environmental, Inc. 

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“The outlook for the global agricultural pheromones market appears promising, buoyed by escalating demand for premium crops, a surge in sustainable farming practices, and growing recognition of the adverse effects of synthetic pesticides on both the environment and human well-being. As consumers display heightened consciousness regarding the necessity for sustainable and environmentally friendly agricultural remedies, the adoption of pheromones for pest management garners substantial global attention. Anticipated technological progressions in pheromone synthesis and delivery systems are poised to propel market expansion further.

Breakthroughs in formulation and application techniques are augmenting the efficiency and efficacy of pheromone-based pest control, facilitating precise and targeted deployment. These innovations not only bolster overall pest management outcomes but also contribute to cost reduction and resource optimization for farmers. With an emphasis on sustainable farming practices, heightened consumer awareness, and ongoing technological advancements, the future of the global agricultural pheromones market holds promise, driving market growth and furnishing effective and eco-friendly solutions to agricultural pest control challenges”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Agricultural Pheromones Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Sex Pheromones, Aggregation Pheromones, Others), By Function (Mating Disruption, Detection & Monitoring, Mass Trapping), By Crop Type (Fruits & Nuts, Field Crops, Vegetable Crops, Others), By Mode of Application (Dispensers, Traps, Sprays), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global Agricultural Pheromones Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Agricultural Pheromones Market.

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