by The global integrated pest management pheromones market has emerged as a lucrative solution for organic farmers looking for environmentally friendly pest control alternatives. Pheromones are natural chemical signals released by insects to communicate and help deter unwanted infestations in an eco-friendly manner. Integrated pest management (IPM) relies on monitoring insect populations and uses multiple techniques such as trap crops, natural enemies and behavior-disrupting chemicals before resorting to pesticides.
Pheromones play a key role as part of IPM strategies and are widely used across agriculture, forestry and public health sectors. They mimic the scent of female insects to attract and confuse male bugs, thereby reducing mating opportunities and subsequent pest proliferation. Compared to pesticides, pheromones pose negligible risks to non-target species while effectively managing damaging insects.
The global Integrated Pest Management Pheromones Market is estimated to be valued at US$ 783.1 Mn in 2024 and is expected to exhibit a CAGR of 8.9% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the integrated pest management pheromones market are Russell IPM, Hercon Environmental Corporation, SemiosBIO Technologies, Shin-Etsu, Sumi Agro France, Syngenta Bioline Ltd., Trece, Inc., Active IPM, AgrichemBio, AgriSense-BCS Ltd., Laboratorio Agrochem, S.L., ATGC Biotech, and Atlas Agro.
Integrated Pest Management Pheromones Market size for organic and residue-free farm produce has bolstered the adoption of pheromone-based IPM programs globally. Various government initiatives and regulatory support for sustainable agriculture is further fueling market revenue opportunities.
Several companies are expanding their product portfolios and geographical presence across major farming economies like the U.S., Brazil, India and China to tap the widespread need for environment-friendly pest control solutions. Partnerships with distributors and rural communities have strengthened last-mile connect with smallholder farmers.
Porter’s Analysis
Threat of new entrants: Low barrier of entry but presence of established players make market entry difficult.
Bargaining power of buyers: Buyers have low to moderate bargaining power due to availability of alternatives. However, demand for eco-friendly solutions increase power
Bargaining power of suppliers: Suppliers have moderate bargaining power due to differentiated products and technologies required. However, presence of substitutes reduce power.
Threat of new substitutes: Threat is moderate as other integrated pest management techniques can substitute pheromones. However, eco-friendly nature of pheromones attract buyers.
Competitive rivalry: Intense as market dominated by international brands. Companies focus on product innovation and expanding geographical reach to compete.
Market Key Trends
One of Integrated Pest Management Pheromones Market trends is the development of advanced formulation technologies. Companies are investing in research to enhance the effectiveness and longevity of pheromone dispensers. Controlled-release and dual-lure systems capable of attracting pest populations over longer durations are helping reduce application frequency and costs of IPM programs. Such innovative product designs also improve access and affordability of biological pest control for resource-poor farmers globally.
Geographical Regions
North America dominated the global market in terms of value in 2024 due to stringent government regulations over pesticide usage and growing demand for sustainable agriculture. United States accounted for major demand owing to huge agricultural sector and rising pest issues.
Asia Pacific projected to be the fastest growing regional market during the forecast period 2024-2031. Countries such as China, India provided impetus due to increasing fruit & vegetable production, growing pest problem and shift toward eco-friendly solutions. Government support and awareness about integrated pest management techniques benefit market.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author - Ravina Pandya
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile
