Product Overview
Pheromones are substances used by insects and other creatures for mutual communication. These chemical transmissions are sent by insects to attract potential mates, inform others of predators, or search for food. Traps may be used with different pheromones to control target pests in crops or residential neighborhoods. It could be possible to spot an infestation before it happens by actively checking for insects. Early intervention of insect pests using pheromone tricks can also reduce the harm to farming and other plants. Pheromones can also restrict the existence of insects which sting. Wide quantities of scattering of pheromones may be used to inhibit insect mating in agriculture.
Market highlights
The global market size of pheromones is currently valued at USD 3 billion in 2019 and is expected to rise at a CAGR of 17% from 2020 to reach a value of USD 9 billion by 2030. The rising demand for the promotion of green agriculture and comprehensive pest management strategies has enabled market growth. Expanding pheromone prevalence in fruit such as apples, pears, oranges, and peaches in the U.S. and Mexico is attributed to the requirement for regulation of moth codling, grape moth, and Asian moth fruit. Similar activities have increased in popularity in vegetable and farm crops, such as sweet corn and cotton, respectively, through the US EPA and USDA IPM programs.
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 PI Industries (India) acquired its Indian subsidiary, Isagro Asia, in September 2019. This purchase helped to improve the exposure of the PI Industries to Isagro Asia's production facilities, thereby allowing it to grow its customer base. The purchase will also reduce the financial burden of the Isagro Group.
 Koppert Biological System collaborated with ISCA Technologies and Tech-IB in December 2019. Some companies have methods for the management of pests in farm pheromones. This collaboration has shown that even major players in the same industry are widening their business too.
Pheromones Market in Agriculture: Regions
Pheromones Market in Agriculture is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA. Due to the growing adoption of pheromone traps over traditional insecticides, North America is predicted to seize control of the global market for agricultural pheromones during the forecast period.
The area is a home for some of the pheromone market's key vendors, such as Koppert Biological Systems (Netherlands), Suterra LLC (US), and Russell IPM (US). Along with being the largest buyers, the area is also one of the biggest fruit suppliers. These factors provided for market growth. However, the Asia Pacific segment is forecasted to record the highest growth rate over the forecast period due to an increase in the existence of global and domestic vendors in the region and rise in the acceptance of pheromone traps by many fruit and field crop producers. China dominates the market for agricultural pheromones, as China contributes to technological innovations and has also incorporated comprehensive pest management alternatives a long way earlier. In Europe, France dominates the market for agricultural pheromones due to the use of the largest quantity of insecticides per hectare in the farmland and rising crop production. The rise in export demand for Chilean and Brazilian agricultural products is expected to boost the use of agricultural pheromones in orchard crops in these nations.

Global Pheromones Market in Agriculture is further segmented by region into:
 North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – the United States and Canada
 Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
 Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
 APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
 MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Pheromones Market in Agriculture: Key Players
 BASF SE (Germany)
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
 Suterra LLC (US)
 Russell IPM (US)
 Shin-Etsu Chemical Co. Ltd (Japan)
 Koppert Biological Systems (Netherlands)
 Isagro Group (Italy)
 Biobest Group NV (Belgium)
 ISCA Technologies (US)
 Trécé Inc. (US)
 Pherobank B.V (Netherlands)
 Certis Europe BV (Netherlands)
 Bioline Agrisciences Ltd (UK)
 Bio Controle (Brazil)
 ATGC Biotech Pvt Ltd (India)
 Sumi Agro France (France)
 SEDQ Healthy Crops S.L. (Spain)
 Novagrica (Greece)
 International Pheromone Systems (UK)
 Other Prominent Players
The Pheromones Market in Agriculture report also contains analysis on:
 Pheromones Market in Agriculture Segments:
 By type:
 Sex pheromones
 Aggregation pheromones
 Others (which include alarm pheromones, host-marking pheromones, and trail pheromones)
 By crop type:
 Field crops
 Fruits & nuts
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