The agricultural pheromones market is expected to grow significantly due to the increasing demand for sustainable agriculture practices, stricter regulations on pesticide use, and growing consumer preference for organic products. The market is projected to grow from $5.39 billion in 2024 to $19.04 billion by 2032, with a CAGR of 17.1%. Agricultural pheromones are used to disrupt mating, attract pests to traps, or repel them, providing a non-toxic and targeted pest management solution. The market is dominated by North America and Europe, but Asia-Pacific is expected to grow the fastest. Key players in the market include International Pheromone Systems, Suterra, Syngenta, Certis USA, AgBiTech, Trece, and Marrone Bio Innovations. The market growth is driven by factors such as the shift to sustainable agriculture, government regulations, and organic farming. However, challenges such as high initial costs and limited awareness exist. Opportunities for growth include the rising demand for eco-friendly products, emerging agricultural markets, and strategic partnerships and collaborations. The market is expected to continue growing as technological advancements improve the efficiency and cost-effectiveness of pheromone solutions.
Sustainable Farming Boosts Demand for Eco-Friendly Agricultural Pheromones Let me know if you’d like me to make any changes!
