Agricultural Pheromones Market on a Growth Trajectory Reaching USD 9.6 Billion by 2029

Strategic Insights -

The agricultural pheromones market is experiencing a significant growth trajectory, driven by growing consumer and governmental concerns over food safety, prompting farmers to adopt environmentally friendly alternatives to chemical pesticides. Pheromones have emerged as a cost-effective and sustainable solution, with government initiatives across the globe encouraging their use in crop protection. Innovations in technical ingredients, pheromone traps, and lure designs are fueling market expansion.

Key Takeaways:

  • The agricultural pheromones market is 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, driving the use of pheromones.
  • Innovations in technical ingredients, pheromone traps, and lure designs are fueling market expansion, with companies investing heavily in research and development to enhance product efficiency and diversify applications.
  • Provivi invested over USD 85 million in 2019 to expand its pheromone product portfolio, solidifying the company's position in the market.
  • Farmers are increasingly seeking sustainable methods to maintain high crop yields while reducing pesticide use, with sex pheromones and other attractants being used effectively to control crop-damaging pests.
  • Agricultural pheromones are particularly effective in permanent croplands growing fruits, tree nuts, ornamentals, and plantation crops, with the rising demand for high-value crops such as pome fruits, grapes, and cotton driving the need for pheromones.
  • Low awareness of pheromones in developing countries poses a market challenge, with farmers in these regions often relying on chemical pesticides due to lack of familiarity with pheromone usage.

Statistics:

  • The global agricultural pheromones market is 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%.
  • Sex pheromones are projected to see the highest growth among pheromone types, mainly due to their effectiveness in mating disruption and monitoring techniques.
  • The market in North America is expected to grow at the fastest rate, with government support, rising demand for organic food, and modernized export regulations driving growth.
  • Leading players in the 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).

Sources:

  • MarketsandMarkets research report, 2025
  • Provivi press release, 2019
  • Shin-Etsu Chemical Co., Ltd website
  • BASF SE website
  • Mitsui & Co., Ltd website
  • Biobest Group NV website
  • The Wonderful Company LLC website
  • US Environmental Protection Agency (EPA) website