The global pheromones market size is estimated to be valued at USD 2.4 billion in 2019 and is expected to reach a value of USD 5.7 billion by 2025, growing at a CAGR of 15.3%

The global pheromones market size is estimated to be valued at USD 2.4 billion in 2019 and is expected to reach a value of USD 5.7 billion by 2025, growing at a CAGR of 15.3% during the forecast period.

The growing demand for adoption of organic farming and integrated pest management solutions has helped drive the growth of the pheromones market.

Due to the implementation of integrated pest management practices for sustainable agriculture, pheromones have been gaining a preference for their ease of application, target-specificity, thus limiting the use of insecticides.