report-image

Global Agricultural Pheromone Traps Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast

  • PUBLISHED ON
  • 5/25/2023
  • NO OF PAGES
  • 242
  • CATEGORY
  • Agriculture
Market Overview
The global Agricultural Pheromone Traps market size was valued at USD 200 million in 2022 and is projected to reach USD 481 million by 2033, growing at a CAGR of 4.5% during the forecast period.

Report Scope
Report Attributes Description
Market Forecast in 2022 USD 200 million
Market Forecast in 2033 USD 481 million
CAGR % 2023-2033 4.5%
Base Year 2022
Historic Data 2020-2021
Forecast Period 2023-2033
Report USP Product, end-user industry, company share, company heat map, company Capacity Technology Product capacity, growth factors and more
Key Companies Shin-Etsu Chemical Co., Ltd.; Russell IPM Ltd.; Suterra LLC; Trécé Inc.; BioContego Ltd; Pherobank B.V.; Turning Point Natural Care; Isagro Group; Bedoukian Research, Inc.; Biobest Group NV; Exosect Ltd.

Global Agricultural Pheromone Traps Market- Description
The global agricultural pheromone traps market refers to the market for devices that use pheromones to attract and trap agricultural pests. Pheromone traps are an environmentally friendly method of pest control widely used in agriculture to monitor and manage pest populations. These traps mimic the natural pheromones released by pests to attract them, thereby helping farmers to monitor pest activity, reduce damage to crops, and implement targeted pest management strategies. Agricultural pheromone traps are devices designed to capture and monitor pest insects in agricultural fields. These traps are equipped with specific pheromones that mimic the insects to lure them into the trap. By capturing pests, farmers can accurately assess pest populations, monitor pest activity, and make informed decisions regarding pest control measures.

The increasing awareness and demand for sustainable agricultural practices have fueled the adoption of pheromone traps. Pheromone-based pest control methods are eco-friendly, as they specifically target pests and minimize the use of chemical pesticides. The emphasis on sustainable agriculture and integrated pest management (IPM) practices has contributed to the growth of the agricultural pheromone traps market. With the growing global population and the need to ensure food security, protecting crops from pests is crucial. Pheromone traps offer an effective and targeted approach to pest management. By accurately monitoring and trapping pests, farmers can reduce crop damage, prevent yield losses, and minimize the reliance on conventional pesticides, thereby improving overall crop productivity.

Global Agricultural Pheromone Traps market: Key Trends
• Adoption of Automated and Smart Traps:
The agricultural pheromone traps market is witnessing a trend towards automated and smart trap systems. These traps are equipped with sensors, wireless connectivity, and data analysis capabilities. Automated traps can provide real-time data on pest activity, enabling farmers to make prompt decisions and implement timely pest control strategies. Smart traps also offer remote monitoring and control features, enhancing operational efficiency.

• Integration of Pheromone Traps with Precision Agriculture Technologies:
Pheromone traps are being integrated with precision agriculture technologies to improve monitoring and management practices. Integration with geographic information systems (GIS), remote sensing, and data analytics allows farmers to map pest distribution, analyze patterns, and make informed decisions. This integration helps optimize trap placement, timing of control measures, and overall pest management strategies.

Global Agricultural Pheromone Traps market: Geographical landscape
The agricultural pheromone traps market is distributed globally, with key regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe are significant markets due to the adoption of advanced agricultural practices, stringent regulations on pesticide usage, and a strong focus on sustainable agriculture. Asia Pacific is also witnessing substantial growth, driven by increasing awareness about eco-friendly pest control methods and the need to address crop losses caused by pests.

Global Agricultural Pheromone Traps Market- Recent Developments
• In 2021, The Pheromone Trap Network (TDF Network), launched by the Argentine Association for the Professional Protection of Extensive Crops (AAPPCE), is a tool aimed at predicting the presence of major pests. This network, which focuses on Lepidoptera, effectively monitors productive centers across Argentina. Its primary goal is to proactively detect and identify patterns related to significant pest outbreaks in extensive crop areas. The management of information within the network relies on protocols developed by AAPPCE's partners, with support from specialists affiliated with CONICET, as stated by the association. The TDF Network utilizes specific pheromone traps designed for Fall armyworm, Southern armyworm moth, South American bollworm, and Soybean looper moth.

Global Agricultural Pheromone Traps market: Segmental Analysis
Type of Pest
• Insects
• Moths
• Fruit Flies
• Beetles
• Others

Trap Type
• Delta Traps
• Funnel Traps
• Bucket Traps
• Pan Traps
• Others

Crop Type
• Field Crops
• Fruits and Vegetables
• Specialty Crops
• Others.

Global Agricultural Pheromone Traps Market: Key Companies

• Shin-Etsu Chemical Co., Ltd.
• Russell IPM Ltd.
• Suterra LLC
• Trécé Inc.
• BioContego Ltd.
• Pherobank B.V.
• Turning Point Natural Care
• Isagro Group
• Bedoukian Research, Inc.
• Biobest Group NV
• Exosect Ltd.
• Others

Global Agricultural Pheromone Traps Market: Regional Scope
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
South America
• Brazil
• Argentina
• Rest of South America
Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of Middle East and Africa

Why to buy this Report?
The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
• Business Model
• Production Capacity, Revenue, Sales, Gross Margin
• Key Business Strategy
• SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:
• Company Share Analysis from 2018-2022
• Company Analysis by Revenue and Sales
• Company Production Capacity, Gross Margin
• Company Share Analysis by Application/End Use
• Company Share Analysis by Product/Specification.


Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $4250

Only Four Thousand Two Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $5250

Only Five Thousand Two Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $6250

Only Six Thousand Two Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI