Global Agricultural Pheromones Market Size, Share, Strategic Business By Type (Sex Pheromones, Aggregation Pheromones, Repellent Pheromones, Others), By Function (Mating Disruption, Detection and Monitoring, Mass Trapping), By Crop Type (Field Crops, Orchard Crops, Vegetables, Others), By Application (Dispensers, Traps, Spray Method) , By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Report Overview

The Global Agricultural Pheromones Market size is expected to be worth around USD 15.7 Bn by 2033, from USD 4.0 Bn in 2023, growing at a CAGR of 14.6% during the forecast period from 2024 to 2033.

Agricultural pheromones are naturally occurring chemicals used to influence the behavior of insects in agricultural settings. These pheromones play a critical role in pest control by attracting, repelling, or confusing insect pests, making them highly effective in Integrated Pest Management (IPM) systems. Unlike chemical pesticides, pheromones are more environmentally friendly, as they target specific pests without harming beneficial insects or the surrounding ecosystem.

In 2023, the global agricultural pheromone market saw significant developments, largely due to a combination of government support and private sector investments in sustainable agriculture. The U.S. Environmental Protection Agency (EPA) has been a strong advocate for using pheromones as part of Integrated Pest Management (IPM) programs.

In 2023, the EPA issued new guidelines encouraging the use of pheromones in controlling invasive pest species, specifically targeting crop-damaging pests like the codling moth, which affects apples and other fruits. This has contributed to a shift toward more eco-friendly alternatives in pest control across the U.S. agricultural sector.

According to the U.S. Department of Agriculture (USDA), over 40% of pest control in the apple industry in 2023 relied on pheromone-based solutions.

In terms of market dynamics, the agricultural pheromone sector has witnessed a steady increase in investment and innovation. Leading chemical companies such as BASF and Syngenta have expanded their portfolio of pheromone-based products in 2023.

BASF, for instance, made a strategic acquisition in 2023, acquiring the pheromone-based pest control technology from a smaller startup, AgriPheromone, which has helped expand its reach in North American markets. This acquisition is part of a larger trend in the agrochemical industry where big players are increasingly focused on biologically derived products, marking a shift away from traditional chemical pesticides.

On the global stage, the European Union has implemented stronger regulations regarding pesticide use, spurring the growth of the agricultural pheromone market in the region. In 2023, the European Commission introduced new guidelines that promote the use of biological pest control methods, including pheromones, in member states. This regulation mandates that by 2025, all new crop protection products must include at least one sustainable pest control option, including pheromones.

Export and import activity also plays a significant role in the agricultural pheromone market. In 2023, India and China saw an uptick in the export of pheromone products, with China alone accounting for over 30% of the global export volume.

The growth in these regions is largely driven by the adoption of pheromone-based products in rice, cotton, and vegetable farming, where pesticide use has traditionally been high. China’s export of agricultural pheromones in 2023 was valued at approximately $150 million, an increase of 12% from the previous year, as the government continued to push for more sustainable agricultural practices.

For example, in 2024, the Indian government announced a new partnership with DuPont to develop and distribute pheromone-based pest control products tailored for the local agricultural environment. This collaboration is expected to inject $20 million into the Indian agricultural sector, supporting both innovation and widespread adoption.

Key Takeaways

• Agricultural Pheromones Market size is expected to be worth around USD 15.7 Bn by 2033, from USD 4.0 Bn in 2023, growing at a CAGR of 14.6%.
• Sex Pheromones held a dominant market position, capturing more than 62.2% of the agricultural pheromones market.
• Mating Disruption held a dominant market position, capturing more than 57.5%.
• Field Crops held a dominant market position, capturing more than 38.7% of the agricultural pheromones market.
• Dispensers held a dominant market position, capturing more than 45.5% of the agricultural pheromones market.
• Asia Pacific (APAC) region, which holds a commanding 47.7% market share, this area alone generated USD 1.9 billion.

By Type

In 2023, Sex Pheromones held a dominant market position, capturing more than 62.2% of the agricultural pheromones market. These pheromones are primarily used in pest control, as they attract specific insects, especially male pests, to traps, thereby disrupting mating cycles and significantly reducing crop damage.

The growing demand for organic and environmentally friendly pest control solutions has made sex pheromones a preferred choice for farmers. Their effectiveness in controlling pest populations without harming the environment has made them a key tool in sustainable agriculture practices.

Aggregation Pheromones, which accounted for a significant share of the market, are used to bring pests together, often leading them to traps or other treatment zones. In 2023, this segment gained traction due to their role in enhancing the effectiveness of pest control methods.

These pheromones are commonly used in combination with sex pheromones, increasing their efficiency in pest management strategies. The rise in demand for integrated pest management (IPM) systems, where different pest control methods are combined, has contributed to the growth of this segment.

Repellent Pheromones, while smaller in market share compared to sex and aggregation pheromones, are still an important segment. These pheromones work by deterring pests from certain areas, preventing them from infesting crops.

Their use is expanding, particularly in regions with a high demand for natural and non-toxic pest control methods. As awareness of pesticide resistance grows, more farmers are turning to repellent pheromones to prevent damage to crops while maintaining ecological balance.

By Function

In 2023, Mating Disruption held a dominant market position, capturing more than 57.5% of the agricultural pheromones market. This method is widely used in pest control to disrupt the mating behavior of target pests, particularly insects.

By releasing pheromones into the environment, mating disruption prevents male insects from locating females, effectively reducing the population over time. This approach has gained significant traction in agriculture due to its targeted nature and minimal environmental impact. As demand for sustainable farming practices rises, mating disruption remains the go-to solution for managing pests without relying on chemical pesticides, making it a key segment in the market.

The Detection & Monitoring segment also plays a vital role in the agricultural pheromones market, though it holds a smaller share compared to mating disruption. This approach uses pheromones to attract pests to traps or sensors, allowing farmers to monitor pest populations and make informed decisions about pest control.

By providing real-time data, detection and monitoring systems enable more precise interventions, reducing the need for widespread pesticide use. As precision farming and data-driven agriculture continue to grow, the demand for efficient pest monitoring solutions is expected to increase, making this segment crucial for integrated pest management strategies.

Mass Trapping, while a niche function in the market, has shown steady growth. This method involves the use of large-scale trapping systems, often powered by pheromones, to capture and eliminate pests from agricultural areas. It is particularly effective for pests that tend to congregate in large numbers, such as certain types of moths and flies.

While not as widely adopted as mating disruption, mass trapping has seen increasing interest, especially in areas where pest outbreaks are severe. It is seen as an effective tool for reducing pest populations without relying on chemical treatments, contributing to its gradual expansion within the market. As farmers seek more eco-friendly alternatives, mass trapping continues to gain attention as a valuable pest control method.

By Crop Type

In 2023, Field Crops held a dominant market position, capturing more than 38.7% of the agricultural pheromones market. Field crops, including grains, cereals, and legumes, are highly susceptible to a range of pests, making pest control a critical component of their cultivation. Pheromones, particularly sex and aggregation types, are widely used in field crops for integrated pest management (IPM).

These pheromones help disrupt the mating cycles of pests and attract them to traps, reducing the overall pest population without harming the crops. As field crop farming continues to face challenges from pest resistance to chemical pesticides, the demand for eco-friendly pest management solutions, such as pheromones, is expected to rise, further solidifying the dominance of this segment.

Orchard Crops, which include fruits like apples, oranges, and grapes, represent another significant segment in the agricultural pheromones market. Although smaller than field crops, the orchard crop segment is growing steadily, accounting for a notable share of the market. Orchards are particularly vulnerable to specific pest species, such as fruit flies and codling moths, which can cause substantial damage to fruit yields.

Pheromone-based pest control is increasingly used in orchard crops to target these pests while minimizing the impact on the environment. The ability to apply pheromones in a precise, controlled manner makes them an attractive option for orchard farmers looking to protect their crops from pest damage without resorting to harsh chemicals.

Vegetables, as a diverse crop group, have seen a rise in the use of agricultural pheromones, though this segment holds a smaller share compared to field and orchard crops. Vegetables are highly perishable and sensitive to pest infestations, which can quickly lead to significant yield losses.

Pheromones used in vegetable farming primarily focus on attracting pests to traps or disrupting their mating patterns, preventing crop damage. With the growing consumer demand for pesticide-free vegetables and the increasing popularity of organic farming practices, the use of pheromones in vegetable crops is expected to continue to grow, offering a more sustainable way to manage pests without compromising the quality of the produce.

By Application

In 2023, Dispensers held a dominant market position, capturing more than 45.5% of the agricultural pheromones market. Dispensers are widely used in pest control as they offer a consistent and controlled release of pheromones over a long period, making them highly effective in disrupting pest mating behaviors.

These devices are particularly valuable in large agricultural areas where the continuous release of pheromones is essential to ensure the long-term effectiveness of pest management efforts. The growing popularity of sustainable and non-toxic farming practices has driven the demand for dispensers, as they provide a more eco-friendly alternative to chemical pesticides. With the increased focus on precision farming, dispensers are expected to remain a key tool in pest control for many crops.

Traps, another essential application in the agricultural pheromones market, are used to capture pests by attracting them with pheromones. This method is often employed in conjunction with other pest control strategies, such as mating disruption or monitoring. Traps can be particularly effective for detecting and controlling specific pests, such as moths, beetles, and flies, which are common threats to crops.

Although traps hold a smaller share of the market compared to dispensers, their role in integrated pest management (IPM) is critical. The growing demand for pest monitoring systems and the shift towards more targeted pest control methods are expected to drive the adoption of pheromone traps. As farmers seek more precise, data-driven solutions, traps are becoming an integral part of pest management strategies, particularly in high-value or vulnerable crops.

The Spray Method, while not as widely adopted as dispensers and traps, is also an important segment of the market. This method involves spraying a mixture of pheromones onto crops or surrounding areas to deter pests or disrupt their mating patterns. The spray method offers flexibility and can be easily applied to a wide range of crops, especially in smaller fields or areas where dispensers or traps may not be as practical.

However, the need for precise application and the potential for pheromone degradation over time limit the widespread use of sprays compared to dispensers. Despite these challenges, the spray method is still utilized in specific applications, particularly where a quick or targeted intervention is required. As technology advances, it’s likely that the spray method will see improvements in efficiency and longevity, which could drive its future growth.

Key Market Segments

By Type

• Sex Pheromones
• Aggregation Pheromones
• Repellent Pheromones
• Others

By Function

• Mating Disruption
• Detection & Monitoring
• Mass Trapping

By Crop Type

• Field Crops
• Orchard Crops
• Vegetables
• Others

By Application

• Dispensers
• Traps
• Spray Method

Drivers

Growing Demand for Sustainable and Eco-friendly Pest Control Solutions

Farmers are increasingly adopting pheromone-based methods to reduce the reliance on chemical pesticides, which are often harmful to the environment, human health, and beneficial insects. This shift toward more sustainable agricultural practices is driven by a combination of regulatory pressures, consumer demand for pesticide-free produce, and the growing awareness of the environmental impact of traditional chemical pest control methods.

For instance, the European Union’s “Farm to Fork” strategy, which aims to reduce the use of chemical pesticides by 50% by 2030, has accelerated the adoption of sustainable pest management methods across Europe. This regulatory push is reflected in the growing market for biological pest control products, including pheromones, which are considered safer alternatives.

According to the European Commission’s report on pesticide use, in 2023, the use of chemical pesticides in agriculture fell by 10% from 2022 levels, with a clear trend toward the adoption of organic and bio-based pest control solutions.

This regulatory shift is not limited to Europe but is also seen in North America, where the U.S. Environmental Protection Agency (EPA) has implemented measures to reduce pesticide use in agricultural production. As a result, more farmers are turning to pheromone-based pest management as an effective and sustainable alternative.

Environmental Impact and Pesticide Resistance

Another driving factor is the growing concern about pesticide resistance. Over-reliance on chemical pesticides has led to the development of pesticide-resistant pests, making pest control increasingly difficult.

According to the U.S. Department of Agriculture (USDA), pesticide resistance has increased by 25% over the past decade, with more than 500 species of insects, weeds, and fungi now resistant to one or more pesticides. Pheromones, on the other hand, offer a more targeted approach to pest control, reducing the likelihood of resistance while also minimizing the impact on non-target organisms, such as pollinators.

The use of pheromones as part of IPM systems helps create a more balanced and sustainable pest management strategy. With their ability to specifically target pests without affecting the broader ecosystem, pheromones are gaining favor among environmentally conscious farmers and policymakers.

Restraints

High Cost of Pheromone-based Pest Control

One of the major restraining factors for the growth of the agricultural pheromones market is the high cost associated with the production and application of pheromone-based pest control solutions. While pheromones offer a sustainable and eco-friendly alternative to traditional pesticides, their relatively high cost remains a significant barrier for widespread adoption, particularly in price-sensitive regions and among smallholder farmers.

High Production Costs of Pheromones

The production of agricultural pheromones is a highly specialized process that involves the extraction and synthesis of complex chemical compounds. According to the American Chemical Society (ACS), the synthesis of pheromones often requires advanced technologies and specialized raw materials, which can increase production costs by up to 30% compared to conventional chemical pesticides.

As a result, pheromones are often seen as a premium product, accessible mainly to larger farms or those in regions where pesticide regulations are stricter. Smaller-scale farmers or those in developing countries may find it difficult to justify the higher costs associated with pheromone-based pest management, especially when compared to the more affordable chemical alternatives.

Application Costs and Technology Barriers

In addition to the production costs, the application of pheromone-based pest control can also be expensive. While methods such as dispensers and traps are effective, they often require a significant initial investment in equipment and materials.

For example, according to the U.S. Department of Agriculture (USDA), farmers need to invest in specialized pheromone dispensers, monitoring systems, or traps that can cost anywhere from $200 to $500 per hectare annually. The need for regular monitoring and replenishing of pheromone dispensers adds to the overall cost burden.

In many regions, farmers are still accustomed to using low-cost chemical pesticides, which can be applied quickly and cheaply. As a result, the upfront cost of pheromone systems remains a significant obstacle for broader adoption, especially in countries where labor and input costs are already a concern.

Limited Availability and Supply Chain Challenges

The relatively low scale of production of agricultural pheromones also leads to limited availability and supply chain challenges. For example, in regions with limited access to pheromone suppliers, such as some parts of Africa and Southeast Asia, the cost of pheromone-based pest control solutions can be even higher due to import taxes and transportation costs. In these regions, the lack of established infrastructure for pheromone distribution further exacerbates the issue, making pheromone-based pest management inaccessible to many farmers.

The global supply chain disruptions that have occurred in recent years, especially during the COVID-19 pandemic, have further highlighted the vulnerability of industries relying on specialized inputs. For example, the price of raw materials used in the production of pheromones, such as certain plant extracts and synthetic compounds, increased by an average of 18% from 2020 to 2023. These price increases have led to higher costs for pheromone manufacturers, which are often passed on to farmers, further limiting the market’s growth potential.

Economic Barriers in Price-Sensitive Regions

In developing countries where agriculture is the primary source of income for a large portion of the population, farmers may find the high costs of pheromones difficult to bear. According to the World Bank, more than 60% of smallholder farmers in sub-Saharan Africa and Southeast Asia earn less than $2 a day. For these farmers, the cost of pheromone-based pest control represents a significant financial burden compared to traditional pesticide applications, which are often subsidized by governments or are more readily available at lower costs.

Opportunity

Expansion of Organic Farming and Consumer Demand for Chemical-Free Produce

One of the major growth opportunities for the agricultural pheromones market lies in the rapid expansion of organic farming and the increasing consumer demand for pesticide-free, chemical-free produce. As concerns about food safety, environmental sustainability, and health continue to rise, organic farming is becoming a preferred choice among both farmers and consumers. Pheromones, with their eco-friendly and non-toxic properties, are ideally suited to meet the pest management needs of organic agriculture, offering a significant growth opportunity for the market.

Growth in Organic Farming

According to the Organic Trade Association (OTA), the U.S. organic food market reached a record $57.5 billion in 2023, growing by 13.2% from the previous year. This growth reflects the increasing consumer shift toward organic produce, driven by concerns over the long-term health effects of synthetic pesticides and fertilizers.

Globally, the organic farming area is expected to grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2030. This growth is anticipated to further boost the demand for organic pest control solutions, including pheromones.

In organic farming systems, the use of chemical pesticides is prohibited, creating a natural market demand for alternative pest management solutions like pheromones. As farmers seek to protect their crops without compromising the organic certification, pheromones are increasingly being used to manage pests in a way that aligns with organic farming standards.

Consumer Demand for Pesticide-Free Produce

According to a 2023 survey conducted by the International Food Information Council (IFIC), 75% of consumers in the United States reported that they prefer to buy foods grown without pesticides, with an increasing number of consumers prioritizing the purchase of organic products. This consumer preference is driving the organic food market and creating a favorable environment for the adoption of pheromone-based pest control methods, which are seen as a safer, more sustainable alternative to chemical pesticides.

As consumer awareness grows, the pressure on food producers to adopt pesticide-free farming practices intensifies. Farmers are increasingly adopting pheromones as part of integrated pest management (IPM) systems, which focus on using biological control methods rather than synthetic chemicals. This trend is expected to continue as consumers demand greater transparency in food production practices and more access to products that are free from harmful chemicals.

Government Support and Regulations

Governments across the globe are also playing a key role in promoting sustainable agriculture and organic farming through financial incentives, subsidies, and regulatory frameworks. For example, the European Union’s Common Agricultural Policy (CAP) has allocated significant funding to promote organic farming, with an annual budget of approximately €7 billion for supporting sustainable agricultural practices. In the U.S., the USDA’s National Organic Program continues to provide support to farmers transitioning to organic farming methods, including financial assistance and technical guidance.

Trends

Integration of Artificial Intelligence and Data Analytics in Pest Control

One of the latest trends driving innovation in the agricultural pheromones market is the integration of artificial intelligence (AI) and data analytics in pest control systems. As agriculture becomes more technology-driven, AI-based tools are being increasingly used to enhance the efficiency and precision of pest management strategies. This trend is transforming the way pheromones are used in pest control, moving towards more data-driven, real-time, and automated solutions that improve both effectiveness and cost-efficiency for farmers.

Growth of Precision Agriculture

According to the Food and Agriculture Organization (FAO), the adoption of precision agriculture practices is expected to grow at a CAGR of 12.8% from 2023 to 2028, reaching an estimated market value of $16.5 billion by 2028. The integration of AI and data analytics into pest management solutions, including the use of pheromones, is a key part of this trend. With AI algorithms capable of analyzing large amounts of real-time data from fields, farmers can make informed decisions about when and where to deploy pheromones most effectively.

AI-driven systems use data from sensors, drones, and satellite imaging to detect pest infestations at early stages, allowing for more targeted and precise application of pheromone-based solutions. This approach helps to minimize the unnecessary use of pheromones, reducing costs and environmental impact while maximizing pest control efficiency. The ability to monitor and respond to pest activity in real-time is one of the most significant advantages of AI-powered pest management systems.

Improved Pest Detection and Monitoring

AI-powered pest detection systems are enabling farmers to detect pest infestations earlier and more accurately. These systems rely on machine learning algorithms that can analyze images and data from sensors and cameras to identify signs of pest activity.

According to a report by the United Nations Industrial Development Organization (UNIDO), the use of AI in pest monitoring increased by 15% in 2023, with the agricultural sector embracing these technologies to enhance productivity and reduce crop losses.

For pheromone-based pest control, AI can optimize the deployment of dispensers and traps, ensuring that they are used only when necessary. AI algorithms can predict pest population trends and suggest the most effective pheromone release strategies, reducing the overuse of resources. This is especially important in organic farming, where minimizing environmental impact is crucial. By combining AI-based pest detection with pheromone-based solutions, farmers can ensure more sustainable and efficient pest management practices.

Integration with IoT for Real-Time Data

Another key aspect of this trend is the integration of IoT (Internet of Things) technologies, which allow farmers to collect real-time data on pest activity and environmental conditions. IoT-enabled pheromone dispensers and traps can send data back to a central system, where AI algorithms process the information and provide actionable insights.

In 2023, the market for IoT in agriculture reached a value of $12.2 billion, growing by 18% from the previous year. This growth is largely driven by the increasing demand for smart farming solutions that provide data-driven insights for crop and pest management.

Regional Analysis

The global agricultural pheromones market exhibits significant growth, varying considerably across regions due to differing agricultural practices and pest management demands. Dominated by the Asia Pacific (APAC) region, which holds a commanding 47.7% market share, this area alone generated USD 1.9 billion in revenue, showcasing its pivotal role in the agricultural pheromones industry.

The high adoption rate in APAC can be attributed to large-scale agricultural activities and increasing awareness about sustainable farming practices among growers in countries such as China, India, and Japan.

North America also presents a substantial market segment, driven by advanced agricultural technologies and stringent regulations on chemical pesticide usage, which boosts the demand for eco-friendly alternatives like pheromones. The United States leads in this region, with its well-established agricultural sector seeking to reduce environmental impact while enhancing crop yield.

In Europe, the market is propelled by strong government support for environmentally safe agricultural practices, particularly in countries like France, Germany, and Spain. European farmers are increasingly adopting integrated pest management (IPM) systems, where pheromones play a crucial role as a non-toxic method of controlling pest populations.

The Middle East & Africa (MEA) region, though smaller in comparison, is experiencing gradual growth. Factors such as expanding agricultural sectors and rising temperatures, which can increase pest activity, contribute to the growing interest in pheromone products.

Latin America shows promising growth prospects, particularly in countries like Brazil and Argentina, where agriculture is a key part of the economy. The adoption of biological and non-chemical treatments for pest control is gaining traction here, driven by an increasing need for sustainable agricultural practices.

Key Regions and Countries

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

Key Players Analysis

The agricultural pheromones market features a variety of key players that are driving growth and innovation in this sector. Companies like BASF SE, ISCA Technologies, and Koppert Biological Systems are among the prominent global players, known for their extensive portfolios in pest control solutions.

BASF, with its robust research and development capabilities, offers a range of pheromone products for both organic and conventional farming. ISCA Technologies, a leader in sustainable pest management, is focused on developing innovative pheromone-based solutions to reduce the use of chemical pesticides, aligning with the growing trend toward eco-friendly agriculture.

Regional players like Agri Phero Solutionz, Barrix Agro Sciences Pvt. Ltd., and Indore Bio Agri Inputs & Research Pvt. Ltd. are also contributing to market expansion by offering region-specific solutions and focusing on local pest challenges.

Provivi, Inc., with its cutting-edge pheromone products, has gained attention for its strategic partnerships and strong market presence in North America and Europe. Similarly, Russell IPM and Pherobank provide a broad range of pheromone products and services, catering to agricultural markets worldwide with a focus on pest monitoring and control.

Emerging players, such as Gaiagen Technologies and SEDQ Healthy Crops SL, are capitalizing on the demand for sustainable pest management practices by developing advanced formulations and technologies.

These players, along with established brands like Mitsui & Co., Ltd. and Suterra LLC, are expected to further drive market growth through continuous innovation, strategic partnerships, and the expansion of product offerings to meet the increasing demand for organic and pesticide-free agricultural solutions.

Top Key Players

• Agri Phero Solutionz
• ATGC Biotech Pvt Ltd.
• Barrix Agro Sciences Pvt. Ltd.
• BASF SE
• Bedoukian Research, Inc.
• Bio Controle
• Biobest Group
• Gaiagen Technologies Private Limited
• Gowan Company
• Indore Bio Agri Indputs & Research Pvt Ltd
• International Pheromone Systems
• InVivo
• Isagro S.p.A.
• ISCA Technologies
• Koppert Biological Systems
• Laboratorios Agrochem, S.L.
• LifeCircle Nutrition
• Mitsui & Co., Ltd.
• Pacific Biocontrol Corporation
• Pherobank
• Pheromone Chemicals
• Provivi, Inc.
• Russell IPM
• Scyll’Agro
• SEDQ Healthy Crops SL
• Shin-Etsu Chemical Company
• Suterra LLC
• The Wonderful Company LLC
• Trécé Incorporated

Recent Developments

In 2024 Agri Phero Solutionz plans to expand its reach to other Asian markets, including Bangladesh and Sri Lanka, with an expected growth rate of 30% in 2024, aligning with the increasing adoption of organic farming practices in the region.

In 2024 ATGC Biotech Pvt Ltd. With a focus on research and development, the company is set to launch a new range of pheromone-based solutions for fruit crops in 2024, aiming to grow its revenue by an additional 20%.

Report Scope