Middle East FinTech today
SEE OTHER BRANDS

Reporting on finance and banking news in the Middle East

Agricultural Pheromones Market Set to Reach $9.6 Billion by 2029 | North America Leads the Way

Delray Beach, FL, Oct. 28, 2025 (GLOBE NEWSWIRE) -- According to a research report published by MarketsandMarkets, The global agricultural pheromones market is on a significant growth trajectory, expected to reach USD 9.6 billion by 2029 from USD 4.5 billion in 2024, reflecting a robust Compound Annual Growth Rate (CAGR) of 16.4%. Growing consumer and governmental concerns over food safety are prompting farmers to adopt environmentally friendly alternatives to chemical pesticides, and pheromones have emerged as a cost-effective and sustainable solution. Government initiatives across the globe are further encouraging the use of pheromones in crop protection, bolstering market growth.

Innovations Driving Market Expansion

The agricultural pheromones market is being fueled by continuous innovations, including the development of new technical ingredients, advanced pheromone traps, and creative lure designs. Increased awareness of the harmful effects of chemical pesticides and the target-specific nature of pheromones is further driving market adoption. Companies are investing heavily in research and development to enhance product efficiency and diversify applications. For example, Provivi invested over USD 85 million in 2019 to expand its pheromone product portfolio.

Get Custom Data to Solve Your Business Challenges

The Push for Sustainable Crop Solutions

Farmers are increasingly seeking sustainable methods to maintain high crop yields while reducing pesticide use. Insecticides and chemical pesticides have long dominated agriculture, but growing consumer awareness of their health impacts is encouraging the adoption of biopesticides and integrated pest management systems. Sex pheromones and other attractants are being used effectively to control crop-damaging pests, providing a safer alternative to chemical sprays.

Opportunities in High-Value Crop Cultivation

Agricultural pheromones are particularly effective in permanent croplands growing fruits, tree nuts, ornamentals, and plantation crops. The rising demand for high-value crops such as pome fruits, grapes, and cotton is driving the need for pheromones. Consumers’ preference for organic, safe, and pesticide-free products is further increasing market adoption, as pheromones improve both crop quality and yield.

Overcoming Awareness Barriers in Developing Economies

Low awareness of pheromones in developing countries poses a market challenge. Farmers are accustomed to chemical pesticides, which are easier to apply, and many lack technical knowledge about pheromone usage. Despite efforts by agronomists, agricultural universities, and companies, adoption remains limited, especially in regions where farmers are reluctant to embrace new technologies.

Key Trends and Market Dynamics

Sex pheromones are projected to see the highest growth among pheromone types, mainly due to their effectiveness in mating disruption and monitoring techniques. These pheromones target specific pest species, reducing reproduction without harming non-target organisms. Research continues to explore other pheromone functions, such as host-marking, trail, and alarm pheromones, for commercial applications.

In the crop type segment, field crops are expected to register the highest CAGR. While traditionally underutilized in row crops like soybean, corn, and cotton due to cost, research and development efforts are focused on making pheromone-based pest control more accessible. For instance, Provivi and Syngenta Crop Protection launched Nelvium, a pheromone-based solution for rice pests, demonstrating the potential for broader adoption.

Make an Inquiry to Address your Specific Business Needs

Regional Insights: North America Leads the Way

The agricultural pheromones market in North America is expected to grow at the fastest rate. The US Environmental Protection Agency (EPA) supports integrated pest management and the use of pheromones in crops such as peaches, apples, and nonfood crops. Government support, rising demand for organic food, and modernized export regulations are driving growth in this region, alongside reduced reliance on conventional insecticides.

Leading Players in the Market

Key players shaping the global agricultural pheromones market include Shin-Etsu Chemical Co., Ltd (Japan), BASF SE (Germany), Mitsui & Co., Ltd. (Japan), Biobest Group NV (Belgium), and The Wonderful Company LLC (US). Agricultural pheromones companies are strengthening their market positions through collaborations, partnerships, mergers, acquisitions, and geographic expansion.

A Sustainable Future for Crop Protection

The agricultural pheromones market represents a promising shift toward sustainable, eco-friendly crop protection. Rising consumer awareness, government support, and technological innovations are driving its growth, particularly for high-value crops and in regions like North America. As research and development continue to improve accessibility and cost-effectiveness, pheromones are set to play a pivotal role in shaping the future of agriculture.

Explore Adjacent Markets


About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:

Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445,
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: www.marketsandmarkets.com

Primary Logo

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions