The Agricultural Pheromones market is projected to witness exceptional growth, with market value expected to soar from USD 3 billion in 2021 to an impressive USD 16.4 billion by 2032, representing a robust Compound Annual Growth Rate (CAGR) of 16.7% over the forecast period from 2022 to 2032.

Agricultural pheromones, which are chemical signals used to detect, capture, or eliminate harmful insects in agricultural areas, are becoming increasingly vital in modern, environmentally friendly insect control methods. These pheromones, along with other semiochemicals, protect crops by repelling pest insects, preventing their reproduction, or controlling their activities in various ways. In organic farming, pheromone traps serve as a natural pest control method, utilizing artificially produced sex pheromones to attract and capture pest insects. Unlike traditional pesticides, pheromone controls specifically target pest species, leaving beneficial pollinators and other wildlife unaffected.

The use of pheromones is advantageous in many ways: they do not pollute the environment, leave no hazardous residues on food, and are less likely to lead to the development of insect resistance. The market's anticipated growth is driven by the increasing demand for microencapsulated spray pheromones, which offer ease of use, effective reach (attaining the necessary crop height for better mating disruption), and a reliable release rate of technical ingredients.