Integrated Pest Management Pheromones Market Trends [2031]

Report Description

Integrated Pest Management Pheromones Market Outlook 2031

The global integrated pest management pheromones market size was USD 977 Million in 2022 and is likely to reach USD 1,690 Million by 2031, expanding at a CAGR of 8.1% during 2023–2031. The market growth is attributed to the increasing demand for crop protection tools and new technologies across the globe.

High demand for crop protection tools and technologies, due to the increasing importance of sustainable and eco-friendly farming practices is anticipated to drive the integrated pest management (IPM) pheromones market. High availability of agricultural chemicals such as IPM pheromones is increasing its demand in the market. Increasing research & development in the crop field, fostering partnerships between agriculture industries and technology providers, and advocating for policies increase the adoption of innovative pest management solutions. Additionally, it emphasizes the long-term benefits of IPM such as enhanced crop yield and reduced environmental impact.

• In June 2021, Suterra launched BioAmp AA, the major trail pheromone adjuvant for the control of Argentina Ants. Pheromones are semiochemicals that direct insect behaviors such as finding mates or forming trials. It is a synthetic copy of the trail pheromone for Argentina Ants that is formulated into a microencapsulated, sprayable adjuvant.

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The market report finds that the COVID-19 pandemic hampered the integrated pest management (IPM) pheromones market, due to the strict lockdown imposed by governments across the globe. During the pandemic, disruption in the supply chain and the transportation of goods resulted in a shortage of raw materials and finished products, which impacted the market. However, the pandemic has created opportunities for the IPM pheromones, as people shifted their focus on sanitation and hygiene.

Integrated Pest Management Pheromones Market Dynamics

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Major Drivers

Increasing demand for high-value crops is projected to fuel the IPM pheromones market in the coming years. In developing countries, the demand for organic vegetables and fruits is increasing, due to the high need for satisfying the nutritional and taste preferences of the population. Several companies are collaborating with agricultural stakeholders to raise awareness, conduct training sessions, and facilitate the adoption of pheromone-based solutions to address the specific pest challenges associated with high-value crops. This, in turn, is likely to increase the demand for the crops in the market.

Rising adoption of sustainable pest management, due to environmentally friendly agriculture practices, is anticipated to boost the IPM pheromones market during the forecast period. Agriculture industries are shifting towards eco-friendly pest management technologies, as several people are becoming increasingly aware of environmental sustainability and the harmful impacts of chemical insecticides. Synthetic pheromones harm insect mating behaviors by replicating the natural chemical signals that insects use to communicate, lowering pest populations without heavily depending on chemical insecticides.

• In March 2022, Provini collaborated with Syngenta Crop Protection to launch pheromone-based technology, Nelvium, a new mating disruption solution, to efficiently and safely control harmful pests in rice. Pheromones are a new addition to the company portfolio, which provides farmers with additional choices in managing insect resistance, addressing consumer demands, and lessening pesticide residue in crops.

Existing Restraints

High maintenance cost is expected to hinder the integrated pest management (IPM) pheromones market during the forecast period. Maintenance of pheromone-based pest management systems is expensive, owing to the high need for regular monitoring and replacement of pheromone dispensers. However, the lack of product knowledge, as several farmers has a lack of understanding of pheromone-based pest management, impedes the market. Farmers who are not familiar with IPM techniques are reluctant to use them, due to ignorance or skepticism regarding the effectiveness of pheromone-based treatments.

Emerging Opportunities

High demand for IPM pheromones in the agriculture sector, due to their effectiveness in sustainable pest control, is expected to create lucrative opportunities for the market players during the forecast period. IPM programs work to manage the lawn, crop, and indoor space preventing a threat from pests. Cultural methods such as selecting pest-resistant varieties, planting pest-free rootstock, and rotating between different crops are used in an agricultural crop. These control methods are very efficient and cost-effective as well as present a minimal to no risk for human health and the environment. Several companies are collaborating with manufacturers to increase the demand for IPM pheromones in the market.

• In June 2022, FMC Corporation acquired BioPhero ApS, a Denmark-based pheromone research and production company. This acquisition adds biologically produced advanced pheromone insect control technology to the FMC product portfolio and research & development pipeline, underscoring the company role as a leader in providing advanced and sustainable crop protection solutions.

Scope of Integrated Pest Management Pheromones Market Report

The market report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.

Integrated Pest Management Pheromones Market Segment Insights

Product Segment Analysis

Based on product, the integrated pest management pheromones market is divided into trail pheromones, sex pheromones, alarm pheromones, aggregation pheromones, and others. The sex pheromones segment is expected to expand at a significant pace during the projection period, owing to the high usage of sex pheromones in controlling insect populations. It attracts insects to traps for detection and determination of temporal distribution. It is highly precise to pest species, which makes it an accurate tool in pest management. It is also used to confuse male insects using releasing large quantities of synthetic pheromones into the environment, which overwhelmed their capacity to locate female mates.

The alarm pheromones segment is anticipated to hold a key share of the market in the coming years, as it reduces predation risk. These pest management pheromones are emitted by insects in response to approaching predators or sudden changes in their surroundings. However, these pheromones are not effective in eliminating pests from a food source. Their only used to deter insects from reaching the food source.

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Application Segment Analysis

In terms of application, the global market is segregated into agriculture, forestry, horticulture, and others. The agriculture segment is projected to register a considerable CAGR during the forecast period, due to the increasing trend towards sustainable farming and strict regulations on the usage of pesticides.

IPM pheromones are adopted by agriculture to manipulate pest populations correctly whilst minimizing the use of conventional chemical pesticides. Pheromones are essential in IPM applications, as they target pests and disrupt their mating patterns. IPM pheromones are used in a variety of crop types such as vegetables, grains, fruits, and forte crops.

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Pheromones Type

On the basis of pheromones type, the integrated pest management pheromones market is segmented into pheromone lures and pheromone traps. The pheromone traps segment is expected to register a robust growth rate during the forecast period. Pheromone traps are equipped with adhesive traps or baited containers coated with insect sex pheromones. When pests encounter these traps, they get captured, aiding in monitoring and control of the pests. These traps target specific pests, which minimizes harm to non-targeted organisms and poses minimal risks to human health and the environment.

Mode of Application Segment Analysis

Based on mode of application, the global market is classified into mass trapping, monitoring & detection, mating disruption, and others. The mating disruption segment is anticipated to hold a key share of the market in the coming years. Male insects are confused by producing artificial dispensers delaying their mating and reproduction of pests in the mating disruption technology. Sex pheromones are used in mating disruption activities, as their ability to disrupt the behavior of male insects.

Regional Analysis

In terms of region, the global integrated pest management pheromones market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, owing to the high demand for IPM pheromones in the agriculture industry in the region. Farmers are adopting improved technologies such as biofertilizers and chemicals, IPM, and grain elevators, which boost the market. The regional market growth is further attributed to the availability of enhanced pheromones, increasing consumption of IPM pheromones in storage facilities & forests, and the availability of innovative farming technology.

The market in Asia Pacific is anticipated to expand at a rapid pace in the coming years, due to the increasing number of regulatory product approvals and the rising adoption of several environmental quality objectives to improve the ecological balance. The regional market growth is further attributed to the high demand for vegetables & food, increasing population, and rising technological advancements in the agriculture industry.

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