What is Global Insect Pheromones Market?
The Global Insect Pheromones Market is a fascinating and rapidly expanding field that focuses on the production and distribution of insect pheromones on a global scale. Insect pheromones are chemical substances produced and released into the environment by insects. These substances trigger specific responses in other members of the same species, such as sexual attraction or aggregation. The market for these pheromones has seen significant growth in recent years, driven by factors such as advancements in pheromone synthesis techniques, increasing awareness about the benefits of pheromone-based pest control, and the growing need for sustainable agricultural practices. The market encompasses a wide range of products, including sex pheromones, aggregation pheromones, and others, each with its unique applications and uses.
Sex Pheromones, Aggregation Pheromones, Others in the Global Insect Pheromones Market:
The Global Insect Pheromones Market is segmented based on the type of pheromones, namely Sex Pheromones, Aggregation Pheromones, and Others. Sex pheromones are primarily used by insects to attract mates, and they play a crucial role in the reproductive process. These pheromones are widely used in pest control, as they can lure pests into traps or disrupt their mating patterns. Aggregation pheromones, on the other hand, are used by insects to signal others of their species to gather at a particular location. These pheromones are often used in pest management to attract pests to a specific area, making them easier to control. The 'Others' category includes a variety of other types of pheromones, such as alarm pheromones, trail pheromones, and marking pheromones, each with its unique applications and uses.
Fruits and Vegetables, Field Crops, Others in the Global Insect Pheromones Market:
The Global Insect Pheromones Market finds its applications in various areas, including Fruits and Vegetables, Field Crops, and Others. In the Fruits and Vegetables sector, insect pheromones are used to protect crops from pest infestations, thereby improving yield and quality. They are used in traps to monitor pest populations and to disrupt their mating, reducing their numbers without the use of harmful pesticides. In Field Crops, insect pheromones are used for similar purposes, helping farmers to manage pests in a sustainable and environmentally friendly way. The 'Others' category includes various other applications of insect pheromones, such as in forestry, ornamental plants, and home and garden use.
Global Insect Pheromones Market Outlook:
The future of the Global Insect Pheromones Market looks promising, with significant growth expected in the coming years. As of 2023, the market was valued at US$ 373.8 million. However, it is projected to reach a value of US$ 674.8 million by 2030. This represents a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period from 2024 to 2030. This growth can be attributed to several factors, including advancements in pheromone synthesis techniques, increasing awareness about the benefits of pheromone-based pest control, and the growing need for sustainable agricultural practices.
| Report Metric | Details |
| Report Name | Insect Pheromones Market |
| Accounted market size in 2023 | US$ 373.8 million |
| Forecasted market size in 2030 | US$ 674.8 million |
| CAGR | 8.7% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Shin-Etsu, BASF, Suterra, Biobest Group, Isagro, Bedoukian Research, Hercon Environmental, Koppert Biological Systems, Pherobio Technology, Russell IPM, SEDQ Healthy Crops, Certis Europe, Agrobio, Jiangsu Wanhe Daye, ISCA, Scentry Biologicals |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
