Upcoming Growth Trends in the Beneficial Insects Market

 According to a research report "Beneficial Insects Market by Application (Crop protection, Crop production), Type (Predators, Parasitoids, Pathogens, and Pollinators), Crop Type (Fruits & Vegetables, Flowers & Ornamentals, and Grains & Pulses) and Region - Global Forecast to 2028" published by MarketsandMarkets, the beneficial insects market is projected to reach USD 1,630 million by 2028 from USD 877 million in 2023, at a CAGR of 13.2% during the forecast period in terms of value. The market for beneficial insects is experiencing growth due to increasing demand for chemical-free farming and organic farming which has led to a surge in beneficial insects.

Asia Pacific to boost market growth during the forecast period.

The Asia-Pacific region is experiencing a significant surge in demand for beneficial insects, reflecting a growing recognition of their role in sustainable agriculture. As countries in the region have to enhance food security and reduce the environmental impact of conventional farming practices, the adoption of biological control measures has gained momentum. Beneficial insects, such as parasitoids, predators, and pathogens, offer a natural and eco-friendly solution to pest management, reducing the reliance on chemical pesticides. The rising demand for organic and pesticide-free produce, coupled with an increased awareness of the importance of biodiversity conservation, has fueled the interest in these beneficial allies. By incorporating them into integrated pest management (IPM) programs, farmers can effectively combat pests while preserving the ecological balance of their agricultural systems. The Asia-Pacific region, with its diverse agricultural landscape, is witnessing a shift towards sustainable practices, and the demand for beneficial insects is poised to continue rising as more farmers recognize their immense potential in achieving better production and ecological harmony.

Beneficial insects help in crop protection in fruits and vegetables.

Beneficial insects play a vital role in crop protection for fruits and vegetables. These natural predators, such as ladybugs, lacewings, and parasitic wasps, offer an eco-friendly solution for controlling pests that commonly infest these crops. By introducing beneficial insects into the fields, farmers can effectively combat pests like aphids, caterpillars, and whiteflies. These beneficial insects prey upon the pests, reducing their populations and preventing damage to the plants. Utilizing beneficial insects for crop protection in fruits and vegetables offers numerous benefits, including reduced reliance on chemical pesticides, minimized environmental impact, and the preservation of beneficial organisms and pollinators. Integrating these natural pest control agents into agricultural practices promotes sustainable farming, enhances crop quality, and contributes to the long-term health and productivity of the crops.

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Opportunity: Ease of Management in Controlled Environments for Beneficial Insects

Beneficial insects offer an opportunity for easy management in controlled environments. Unlike chemical pesticides, these insects can be conveniently deployed and monitored in controlled settings such as greenhouses or indoor farms. With regulated temperature, humidity, and lighting, the controlled environment creates optimal conditions for beneficial insect populations to thrive. This enhances their reproduction, survival, and pest control capabilities. Additionally, managing beneficial insects in controlled environments allows for precision agriculture, as farmers can closely monitor their performance and target specific pests. The ease of management in controlled environments presents an opportunity to maximize the effectiveness of beneficial insects, promoting sustainable agriculture and consistent crop protection outcomes.

North America is expected to dominate its market share in the market during the forecast period.

The beneficial insects market in the world is dominated by North America. Beneficial insects are one of the crop protection market's fastest-growing segments in North America. Due to growing consumer concern over their health and the environment, there is an increase in the market for organic crop protection solutions in North America. The consumption of organic products has also been heavily promoted because they don't include synthetic chemicals that leave behind residues and support the expansion of the beneficial insects market in North America.

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Prominent firms featured

The key players in this include Applied Bio-nomics Ltd (Canada), Biobest Group NV (Belgium), Bioline AgroSciences Ltd (UK), Fargro Limited (UK), Andermatt Group AG (Switzerland), ARBICO Organics (US), BioBee Ltd (Israel), BIONEMA (UK), Koppert (Netherlands), Tip Top Bio-Control (US). These players in this market are focusing on increasing their presence by extending their product portfolio. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Food and Beverage Processing Equipment Market Global Outlook, Trends, and Forecasts

 The Food and Beverage Processing Equipment Market is a segment of the broader food and beverage industry that focuses on the machinery and equipment used in various stages of food and beverage production, processing, and packaging. This market plays a crucial role in ensuring the efficiency, quality, and safety of food and beverage products.

Key components of the Food and Beverage Processing Equipment Market include:

1. Processing Equipment: This category includes machines used for various food and beverage processing activities such as cutting, slicing, mixing, cooking, and pasteurizing. Examples of processing equipment include blenders, mixers, ovens, and pasteurization machines.
2. Packaging Equipment: Packaging is a critical aspect of the industry, and this category encompasses machinery used for filling, sealing, labeling, and packaging food and beverage products. Common examples include filling machines, labeling machines, and packaging lines.
3. Bakery and Confectionery Equipment: This niche within the market focuses on equipment used in the production of bakery and confectionery products. It includes ovens, dough mixers, and cookie or candy forming machines.
4. Beverage Processing Equipment: Specifically designed for the production of beverages, this category includes machinery for brewing, carbonating, and bottling beverages. Equipment like brewing tanks, carbonation systems, and filling machines are common in this segment.
5. Meat and Poultry Processing Equipment: Specialized machinery is used in the meat and poultry processing industry, including meat grinders, slicers, and portioning equipment.
6. Dairy Processing Equipment: This segment deals with machinery used in dairy product production, including pasteurizers, homogenizers, and equipment for yogurt and cheese production.
7. Food Sterilization Equipment: Sterilization equipment is essential for ensuring the safety and shelf life of many food products. Autoclaves and retort systems are examples of such equipment.
8. Food and Beverage Testing and Inspection Equipment: Quality control is crucial in the food and beverage industry. Testing and inspection equipment, such as food analyzers and metal detectors, help ensure product quality and safety.

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The Asia Pacific region accounted for the largest share and fastest growing market, in terms of value, of the global food & beverage processing equipment market in 2023.

The Asia Pacific region dominates in the food and beverage processing equipment market for several reasons. Firstly, the region has a large population, which has led to an increase in demand for processed food and beverages. This has in turn fueled the demand for food and beverage processing equipment. Secondly, the food processing industry in the Asia Pacific region is diverse and includes various sub-sectors such as meat and poultry processing, dairy processing, bakery and confectionery, and processed fruits and vegetables. Furthermore, the Asia Pacific region is home to many major food processing companies, including Nestle, Danone, Fonterra, and Tyson Foods, among others. The region also has many local companies that are leaders in their respective markets. Thus, catering for all these food industries in this region have generated a high demand for the food and beverage processing equipment and accounted to be the largest share and fasted growing market.

The automatic segment accounted for the largest share of the food & beverage processing equipment market in 2023 in terms of value.

Automatic machines provide consistency in production, which is crucial for maintaining the quality of the food product. With manual machines, there is a higher risk of human error, which can lead to inconsistent product quality. Automatic machines, on the other hand, can produce the same product consistently, ensuring that the product meets the required specifications every time. These advantages make them a preferred choice for food manufacturers, leading to increased adoption of automatic machines in the food industry.

Opportunities: Government initiatives toward meat & processed food industry

The growing demand for extruded snacks, dairy, meat, confections, and bakery products in developing markets such as China, India, Brazil, and the European region is driving up demand for automation in the food & beverage processing industry. Manufacturers are increasing production to reach these markets, driving up demand for food extruders in the area. Manufacturers of snack pellets are being inspired by this to upgrade and expand their facilities. Industry automation has steadily increased since 2017, says Invest India (National Investment Promotion and Facilitation Agency), and investments have increased. According to the Minister of State for Food Processing Industries, FDI in the food processing industry totaled USD 44.3 billion in 2018–2019.

In 2019, through training, food safety audits, certification of animal feed, and pressuring merchants to make health and safety improvements, the Food Safety and Standards Authority of India (FSSAI) undertook a hygiene and cleanliness crusade in the Indian meat business. Within the next three months, it intended to conduct a food safety audit of meat processing facilities, slaughterhouses, distribution centers, and retail establishments throughout 40 cities. Additionally, by December 2019, the FDA had held 50 training sessions for meat handlers throughout India. The FSSAI stated that it was considering updating formal animal feed requirements as well as financing initiatives offering small meat businesses government support to enhance their sanitary methods, collaborating with other government organizations, including the Bureau of Indian Requirements.

The cost of labor per hour increased by 4.2% in the Euro region and 4.1% in the European Union (EU) in the second quarter of 2020, the quarter that saw the widespread implementation of the COVID-19 containment measures in the European Union. Hourly labor costs climbed by 3.7% and 3.9%, respectively, in the first quarter of 2020. Automation now has more room to grow in all economies. To address the labor shortage, because of the increasing labor wages, European manufacturers are concentrating on robotic interventions because of the rising labor wages.

The working and living circumstances of the posted and temporary workers employed by the German meat processing sector had been the subject of heated discussion for years. The government attempted to address the issue by reaching agreements with the sector that would ensure moral behavior and better working conditions. However, the pandemic exposed occupational health and safety gaps, infection prevention, and health protection standards. The large number of infections that resulted from these gaps, as well as the new regulations on labor inspection in general and the working conditions in the meat sector, are the results. New rules went into effect on January 1, 2021. They must be vigorously enforced by the appropriate authorities.

Brazil is transforming into an economic powerhouse in promoting domestic industry development and foreign investment. For processed bakery and snack goods, there is a significant market in Europe. By bringing together various stakeholders in the snacks industry, the European Snacks Association (ESA) has supported the markets for snacks and snack pellets. To advance trade through knowledge sharing, the association organizes various trade shows, conferences, and publications of technical insights. The ESA accepts responsibility for informing members of the association’s current and future trends. The North American Association of Food Equipment Manufacturers also offers all the assistance needed to start, grow, or improve a business in terms of technical know-how and other guidance. Via all these government initiatives, the region-wise government is trying to increase employment opportunities and promote better quality meat for export purposes.

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Key industry participants presented:

• Tetra Laval (Switzerland)
• Marel (Iceland)
• GEA Group Aktiengesellschaft (Germany)
• JBT (US)
• Bühler (Switzerland)
• Alfa Laval (Sweden)
• Bucher Industries AG (Switzerland)
• SPX Flow Inc.(US)
• The Middleby Corporation (US)
• Krones AG (Germany)

Upcoming Growth Trends in the Turf Protection Market

 The turf protection market refers to the industry involved in providing products and solutions aimed at safeguarding and enhancing the health and quality of natural and synthetic turf surfaces. Turf protection is essential in various applications, including sports fields, golf courses, residential lawns, parks, and commercial landscaping. The primary goal of turf protection is to maintain the integrity and durability of these surfaces while ensuring they remain safe for use.

Turf Protection Market is projected to reach USD 8.1 billion by 2028 from USD 6.4 billion by 2023, at a CAGR of 4.9% during the forecast period in terms of value. Owing to the increase in demand for sports, residential and commercial sectors and the adoption of integrated pest management in the turf industry.

Key factors driving the turf protection market include:

1. Sports Industry: The demand for high-quality sports fields and stadiums is a significant driver. Well-maintained and protected turf surfaces are crucial for sports such as football, soccer, baseball, and golf.
2. Landscaping and Aesthetics: Landscaping and lawn care services also contribute to the market. Property owners, both residential and commercial, seek products and solutions to enhance the appearance and longevity of their lawns.
3. Environmental Concerns: With growing environmental awareness, there's a demand for eco-friendly and sustainable turf protection solutions that minimize the use of harmful chemicals and promote natural turf health.
4. Recreational Parks: Public parks and recreational areas need turf protection to ensure that they can accommodate visitors safely and comfortably.
5. Weather Variability: Turf protection products are often used to protect against adverse weather conditions, such as heavy rainfall, frost, and drought, which can damage turf surfaces.
6. Technological Advancements: Innovations in turf protection technology, such as advanced drainage systems, synthetic turf options, and monitoring solutions, are driving market growth.

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Market Driver : Increase in consumer demands from sports fields and residential areas and improvement in integrated pest management in turf industry

The turf protection market continues to grow rapidly. Key factors contributing to this growth are an increase in demand from residential & commercial property development and increasing number of golf courses & other sports fields across the globe. Moreover, according to the survey, demand for apartments is at an all-time high. Also, around the world, there is also more investment being made in sports infrastructure. In the US, a number of sports clubs will start investing in new or refurbished stadiums in 2022. The Los Angeles Clippers of the National Basketball Association plan to invest USD 1.2 billion in the building of the facility.

Integrated Pest Management (IPM) systems that incorporate suitable control techniques to keep pest damage below an established threshold level are gaining acceptance in the turf industry. However, an IPM program should result in a more efficient use of pesticides, which usually means optimum usage of pesticides. Integrated pest management involves establishing a pest threshold level that is consistent with the intended function of the sports turf, thorough on-site monitoring & record-keeping, and consideration of different pest control measures

Demand for Biological products drive the market due to increase in environmental awareness

Biological products are those that contain active compounds that are derived from microbial, plant, or animal sources and are prepared with micronutrients to help improve the general condition of the grass. Bio-based ingredients such as plant & animal extracts and fungi in biological products are more effective in controlling insects and pests found in turf; they also have less carcinogenic effects over prolonged usage, which makes them more favorable among turf managers. Colonies of helpful microorganisms multiply in the soil, which helps in enhancing soil quality by facilitating the availability of fertilizers and crucial nutrients to the turf. The use of herbicides and insecticides has the potential to contaminate groundwater; however, biological management of the grass may be able to reduce this risk. This makes biological turf protection more popular and with increased focus on usage of natural products, demand for biological turf protection remains optimistic

By application, the sports turf category holds a significant market share during the forecast period

Sports activities that take place on natural grass turf require proper maintenance and protection to ensure the safety and longevity of the playing surface. Turf protection products such as chemicals, biostimulants, and other solutions play a critical role in achieving this goal. Chemicals such as herbicides, fungicides, and insecticides can help to control pests, weeds, and diseases that can cause damage to the turf. Biostimulants, on the other hand, promote healthy growth by enhancing the soil structure, increasing nutrient uptake, and improving root development.

South America to boost market growth during the forecast period

The South American region is segmented into Brazil, Argentina, and Rest of South America ( Chile and Colombia). The South American turf protection market is expected to grow in the coming years, driven by various factors such as the increasing demand for sports turf, the growing popularity of sports, and the development of sports infrastructure in the region. Brazil is the largest market for turf protection in South America, accounting for a significant share of the regional market. The country has a large number of sports clubs and facilities. Argentina, Chile, and Colombia  are other key markets for turf protection in South America. These countries have a growing sports culture and have been investing in sports infrastructure in recent years.

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Primary Companies Highlighted in the Industry:

• Syngenta Crop Protection AG (Switzerland),
• UPL Limited (India),
• Corteva Agriscience (US),
• Nufarm (US),
• Bayer AG (Germany),
• BASF SE (Germany),
• SDS Biotech K.K. (Japan),
• AMVAC Chemical Corporation (US),
• Bioceres Crop Solutions (Argentina),
• Colin Campbell (Chemicals) Pty Ltd (Australia),
• ICL Group Ltd. (US)

Feed Phosphates Market: Competitive Landscape, Regional Outlook, and Driving Factors

 According to a research report "Feed Phosphates Market by Type (Dicalcium, Monocalcium, Mono-dicalcium, Defluorinated, and Tricalcium), Livestock (Ruminants, Swine, Poultry, and Aquaculture), Form (Powder and Granule), and Region - Global Forecast to 2028" published by MarketsandMarkets, the feed phosphates market is estimated at USD 2.6 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 4.0% from 2023 to 2028. Feed phosphates contribute to the overall health and performance of animals, including bone development, energy metabolism, and immune function. Livestock and poultry farmers are increasingly aware of the benefits of feed phosphates in enhancing animal well-being, leading to their higher adoption.

Market Driver: Rise in consumption of meat and dairy products

The demand for meat, eggs, and dairy products in developing countries has also increased significantly over the past few years. According to Organisation for Economic Co-operation and Development (OECD), in 2021, global milk production, comprising approximately 81% cow milk, 15% buffalo milk, and 4% from goats, sheep, and camels combined, increased by 1.1% to reach approximately 887 million metric tonnes (Mt). This growth was primarily fueled by increased output in India and Pakistan, attributed to the expansion of dairy herds and improved availability of fodder, aided by favorable monsoon rains. According to OECD 2021, the per capita consumption of dairy products is projected to rise by 0.4% per year to reach 21.9 kg (milk solids equivalent) by 2031 in high-income countries. According to the same source, in comparison, low-middle-income countries are expected to experience an annual increase of 2.0% to reach 21.2 kg, while low-income countries are anticipated to see a 1.5% annual increase to reach 5.4 kg. Utilizing feed phosphates in dairy cattle diets can lead to improved feed efficiency. The presence of adequate phosphorus and other essential minerals in the feed enhances nutrient absorption and utilization in the rumen and digestive tract. As a result, dairy cows can convert feed into milk more efficiently, reducing wastage and enhancing overall feed efficiency.

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Europe is expected to account for the largest market share in 2023.

The feed phosphates market industry has been studied in North America, Europe, Asia Pacific, South America and Rest of the World. According to the Alltech Feed Survey, in 2021, feed production in Europe occupied 261.9 million metric tons in 2020 and held a third rank worldwide to cater to animal nutrition in livestock, poultry, swine, and many others. Meat consumption in the region has been on a steady rise, driven by factors such as population growth, urbanization, demographics, higher incomes, and price fluctuations. As a result, the demand for feed in Europe is increasing.

Prominent Firms Featured in the Industry Are:

• Mosiac (US)
• Nutrien Ltd (Canada)
• OCP (Morocco)
• Rotem (Turkey)
• Eurochem Group (Switzerland)
• Phosagro (Russia)
• Fosfitalia Group (Italy)
• Phosphea (France)
• YARA (Norway)
• J. R. Simplot Company (US)

Dicalcium phosphate (DCP) segment, by type is expected to account for the largest market share in 2023

DCP is known for its high bioavailability and digestibility, meaning animals can absorb and utilize the calcium and phosphorus efficiently. Improved nutrient utilization leads to better feed efficiency, resulting in cost savings for farmers as less feed is required to achieve optimal animal growth and production. Dicalcium phosphate can be used in various animal feed formulations, including poultry, swine, cattle, and aquaculture feeds. Its versatility and suitability for different species make it a popular choice among livestock farmers.

𝑻𝒐 𝑲𝒏𝒐𝒘 𝑴𝒐𝒓𝒆 𝑮𝒆𝒕 𝑷𝑫𝑭 𝑪𝒐𝒑𝒚: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2507098

Powder segment, by form, is projected to witness the highest CAGR during the forecast period.

Powdered feed phosphates are easy to handle and mix with other feed ingredients. Their fine texture allows for uniform distribution throughout the feed, ensuring that animals receive a consistent and balanced supply of essential minerals. The fine particle size of powdered feed phosphates results in higher surface area, facilitating better enzymatic activity and absorption in the gastrointestinal tract. This enhanced bioavailability ensures that the animals can efficiently utilize the phosphorus and other minerals present in the feed phosphate.

Plant Factory Market Trends and Forecast

 The global plant factory market is expected to see significant growth in the coming years, driven by factors such as increasing population, climate change, and the need for more sustainable food production methods. Plant factories use less water, pesticides, and fertilizers than traditional farming, making them an environmentally friendly solution for meeting the growing demand for food.

The plant factory market is estimated at USD 138 million in 2023; it is projected to grow at a CAGR of 7.3% to reach USD 196 million by 2028. The demand for plant factory market has been steadily increasing over the years due to several factors. One of the main drivers is the growing global population and the need to produce more food in a sustainable manner. Plant factories offer a solution by using advanced technology to grow crops in a controlled environment, allowing for year-round production and higher yields. Additionally, plant factories are able to reduce the amount of water and land required for farming, making them an attractive option for countries facing water scarcity and limited arable land. Furthermore, consumers are increasingly demanding locally grown, pesticide-free produce, which can be provided by plant factories. As a result, the plant factory market is expected to continue growing in the coming years as the demand for sustainable, high-quality produce increases.

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Vertical farming, a type of plant factory that stacks multiple layers of plants vertically, is becoming increasingly popular due to its high efficiency and the ability to grow large quantities of food in a small space. Plant factories also provide greater control over plant growth, allowing for year-round production and customization of plant characteristics.

The plant factory market is an emerging industry that is still evolving and growing rapidly. Here are some of the current trends shaping the plant factory market:

1. Vertical farming: Vertical farming, which involves stacking layers of plants vertically, is becoming increasingly popular in the plant factory market due to its high efficiency and ability to maximize limited space. Vertical farms can produce large quantities of food using fewer resources than traditional farming methods.
2. Automation: Plant factories rely heavily on automation technology to monitor and control the growth environment. The use of artificial intelligence, sensors, and robotics is increasing in the plant factory market, allowing for greater precision and efficiency in crop production.
3. LED lighting: LED lighting is an important technology in the plant factory market, as it allows for precise control over light wavelengths and intensity, which can significantly impact plant growth. LED lighting is also energy-efficient, making it an attractive option for plant factories looking to reduce their carbon footprint.
4. Organic plant factories: As consumers become more interested in organic and sustainable food options, there is a growing trend toward organic plant factories that use natural inputs and methods to grow crops.
5. Local production: Plant factories are increasingly being used to produce food in urban areas, bringing fresh, locally grown produce to city dwellers who may not have access to traditional farming. This trend is expected to continue as demand for local food options grows.

The key players in this include AeroFarms (US), Gotham Greens (US), BOWERY FARMING INC. (US), Oishii (US), Plenty Unlimited Inc. (US), MIRAI (Japan), Agricool (France), AppHarvest (US), CropOne (UAE) and BrightFarms (US). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Full artificial light segment of the plant factory market by light type is projected to witness the highest CAGR during the forecast period.

Based on light type, the full artificial light segment estimated to account for the highest growth rate. Full artificial light, or LED lighting, is a critical component of plant factories, which are indoor farms designed specifically for commercial crop production. LED lighting technology has advanced significantly in recent years, allowing for precise control over the light spectrum and intensity, making it possible to optimize plant growth and increase crop yields. This technology has been a major driver of the plant factory market, as it enables year-round crop production in a controlled indoor environment, independent of weather conditions and seasonal changes.

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Based on crop type, Vegetables segment are anticipated to dominate the market.

Based on crop type, the market is segmented into the vegetables, fruits, flowers & ornamentals, other crop types. By providing an ideal growing environment, plant factories can produce vegetables that are more consistent in size, color, and taste, and are free from pesticides and other contaminants. Additionally, plant factories can use advanced technologies such as hydroponics and aeroponics to deliver nutrients directly to the roots of plants, reducing the need for fertilizers and improving the efficiency of nutrient uptake. The result is produce that is free from harmful chemical residues and other contaminants, promoting healthier and safer food for consumers.

Top Driving Factors of Agricultural Pheromones Market

 Agricultural pheromones are chemical compounds produced by insects and other organisms in the agricultural ecosystem. These chemicals play a crucial role in the communication and behavior of pests, beneficial insects, and even some plants. They are used in various ways to manage agricultural pests and improve crop yields while reducing the reliance on chemical pesticides.

According to MarketsandMarkets, the agricultural pheromones market is projected to reach USD 8.2 billion by 2028 from 3.9 billion by 2023, at a CAGR of 16.2% during the forecast period in terms of value. A number of variables influence the need for agricultural pheromones worldwide. Initially, there is a global shift away from chemical-intensive farming practices and a growing emphasis on sustainable agriculture practices. Agricultural pheromones provide a targeted, all-natural pest management strategy that lessens the need for toxic pesticides. In addition, farmers are looking for creative ways to maximize agricultural yields due to the growing world population and the necessity to increase food production. Pheromones are essential for enhancing pollination and elevating agricultural output. Regulatory demands and customer demands for pesticide-free produce have also accelerated the use of agricultural pheromones as a secure and environmentally friendly pest control method.

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The list of Top Key Players in the Agricultural Pheromones Market Report are : 

Shin-Etsu Chemical Co., Ltd (Japan), BASF SE (Germany), Mitsui & Co., Ltd. (Japan), Biobest Group NV (Belgium), The Wonderful Company LLC (US), Russell IPM (UK), ISCA Technologies (US), Trécé Incorporated (US), Bedoukian Research, Inc. (US), Pherobank (Netherlands), Koppert Biological Systems (Netherlands), Gowan Company (US), InVivo (France), Bio Controle (Brazil), and ATGC Biotech Pvt Ltd. (India).

Shin-Etsu (Japan), Shin-Etsu Chemical Co., Ltd is a leading manufacturer of agricultural pheromones founded as Shin-Etsu Nitrogen Co., Ltd. initially manufactured chemical fertilizer and limestone nitrogen. The company operates through four business segments that include infrastructure materials, electronics materials, functional materials, processing & specialized services. The company offers pheromones through its functional materials business segment. The company has its domestic as well as overseas production bases. There are 27 domestic production bases and 93 production bases across Asia, Oceania, Europe, North America, and South America. In Japan, the company has its R&D divisions located within the premises of each production plant, that allows the company to quickly develop products along with extensive research support.

Koppert Biological Systems (Netherland), Koppert Biological Systems is involved in the production and distribution of biological solutions, which aids in coping with challenges, such as pest control, disease control, boosting pollination, and plant growth promotion. The company provides pesticides, pollination systems, distribution appliances (including blowing devices and dispersal systems), and monitoring solutions. It also provides pheromone traps through its monitoring solutions category. The company supports its customers across more than 100 countries for the successful application of sustainable growing methods. The company has 30 subsidiaries across regions such as North America, South America, Asia-Pacific, and Europe. In January 2023, Koppert Biological Systems completed the acquisition of Linderso AB, a prominent distributor in Sweden. The acquisition would enable the company to improve its geographical presence and commercial strength in the Scandinavian market.

The Asia Pacific region accounted for the largest growing market, in terms of value, of the global agricultural pheromones market in 2028.

Due to several variables, the market for agricultural pheromones is expanding in North America. As farmers look for alternatives to chemical pesticides, there is first a growing awareness of and adoption of sustainable farming practices in the area. Second, the demand for organic produce and governmental laws are pushing the need for efficient pest control techniques. Additionally, improvements in pheromone-based solution research and development have raised their affordability and efficacy, further boosting the market in North America.

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Market Driver : Increasing demand for sustainable crop protection solutions

The thriving agriculture industry has gradually paved the way for the increased organized production of agricultural commodities products, which is, in turn, boosting the agriculture industry. The global agriculture sector actively uses insecticides and pesticides to eliminate pests and attain high crop yields. As per the FAO, at the global level, total pesticides use in agriculture remained stable in 2020, at 2.7 million tonnes (Mt) of active ingredients. The worldwide application of pesticides per area of cropland was 1.8 kg/ha. On a per capita and per value of agricultural production basis, pesticides application was 0.69 kg/1000 litre and 0.37 kg/person, respectively. However, the rising consumer inclination toward the harmful effects of insecticides and chemical pesticides on human health has compelled farmers to improve their agricultural practices. This, in turn, led to the worldwide utilization of biopesticides and the implementation of a sustainable crop management system.

Insect Repellent Active Ingredients Market Will Hit Big Revenues In Future

 Insect repellent active ingredients market in terms of revenue was estimated to be worth USD1.0 billion in 2023 and is poised to reach USD1.5 billion by 2028, growing at a CAGR of 7.6% from 2023-2028 according to a latest report published by MarketsandMarkets™. The rise in insect-borne diseases, such as malaria, dengue fever, Zika virus, and Lyme disease, has heightened the need for effective insect repellents.

The key stakeholders in the Insect Repellent Active Ingredients Market include:

• Manufacturers: These companies are responsible for producing insect repellent active ingredients, which are the essential components used in repellent formulations. Manufacturers often engage in research and development to improve the effectiveness and safety of their products.
• Formulators and Brands: Formulators are businesses or individuals who create insect repellent products by blending active ingredients with other components like carriers and fragrances. Brands then market and sell these products to consumers under their respective labels.
• Retailers: Retailers, such as supermarkets, pharmacies, outdoor stores, and online marketplaces, play a crucial role in distributing insect repellent products to the end-users. They may include both brick-and-mortar stores and e-commerce platforms.
• Consumers: Consumers are the end-users of insect repellent products. Their preferences and demands drive the market, as they choose products based on factors like effectiveness, safety, fragrance, and convenience.
• Research and Development Institutions: Universities, research organizations, and government agencies conduct research to develop new and improved insect repellent active ingredients. Their findings contribute to advancements in the field and may lead to the discovery of novel compounds.
• Regulatory Authorities: Government agencies, such as the Environmental Protection Agency (EPA) in the United States, regulate the registration and approval of insect repellent active ingredients and products. They ensure that these products meet safety and efficacy standards before they can be sold to consumers.
• Healthcare Professionals: Doctors, nurses, and public health experts provide guidance to individuals and communities on the use of insect repellents to prevent insect-borne diseases. They may recommend specific products based on the risk of disease transmission in each area.

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Market Driver: Growing cases of disease outbreak.

More than 17% of all infectious diseases are vector-borne, according to a report released by the WHO in March 2020. Each year, these illnesses result in about 700,000 deaths. They may be caused by viruses, bacteria, or parasites. Life-threatening diseases like chikungunya, influenza, the H1N1 virus, Zika virus, and dengue have all been on the rise over the past ten years and are typically carried by insects. The Zika virus outbreak in the Americas in 2017 (spread by Aedes aegypti and Aedes albopictus) was the most latest outbreak caused by insect vectors.

The most harmful diseases are spread by mosquitoes. Millions of people globally contract mosquito-borne diseases including malaria and dengue each year. The need for insect repellent products has increased recently due to the spread of diseases.

Malaria is a parasitic infection transmitted by Anopheles mosquitoes. Globally, an estimated 219 million cases of malaria are reported; it results in more than 400,000 deaths annually. Most of the deaths occur in children below the age of five years.

Dengue is another deadly infection transmitted by Aedes mosquitoes. Every year, more than 3.9 billion people in over 129 countries contract dengue. The disease reportedly claims an estimated 40,000 lives every year. According to the National Vector Borne Disease Control Programme (NVBDCP) (India), in 2017, about 11,552 cases of dengue were reported in Tamil Nadu, recording a 350% increase in the number of cases compared to 2016.

Who are the key players in the insect repellent active ingredients market?

Major manufacturers in this market are based in North America, Asia and Europe. BASF SE (Germany), Spectrum Brands, Inc. (US), Reckitt Benckiser Group PLC (UK), Henkel Ag & Co. (Germany), Merck Kgaa (Germany), S C Johnson & Sons Inc. (US), Dabur (India), Godrej Consumer Products Limited (Us), Enesis Group (Indonesia), Sawyer (Us), Bugg Products Llc (US) are among a few leading players operating in the insect repellent active ingredients market. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the insect repellent active ingredients market.

SPECTRUM BRANDS, INC.

Spectrum Brands Inc. is a diversified consumer products company operating through various business segments, including Global Batteries & Appliances, Global Pet Supplies, Home & Garden, and Hardware & Home Improvement. Within the Home & Garden segment, Spectrum Brands offers a range of insect repellents, catering to the needs of consumers seeking protection from bugs and mosquitoes. Some of their popular insect repellent products include Cutter, Repel, and Hot Shot. The company has a strong presence in North America, Europe, Latin America, and the Asia-Pacific region. In 2023, Cutter introduced new diffuser technology with cutter eclipse zone mosquito repellent device that continually releases insect repellent, creating an invisible shield that protects against mosquitoes.

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DABUR

Dabur is a leading consumer goods company based in India, known for its diverse portfolio of products in healthcare, personal care, and food segments. With a rich history spanning over a century, Dabur has established itself as a trusted brand both domestically and globally. In the healthcare segment, Dabur offers a range of products including Ayurvedic medicines, health supplements, and natural remedies. It has a strong presence in the personal care segment with offerings such as hair care, oral care, skincare, and baby care products. Additionally, Dabur manufactures and markets a wide range of food products, including fruit-based beverages, honey, and culinary pastes.One of Dabur's notable product lines is its range of insect repellents. These products provide effective protection against mosquitoes and other insects, ensuring the well-being of consumers. Some popular insect repellent products from Dabur include Odomos and Dabur Good Knight. These products are widely recognized for their quality, efficacy, and long-lasting protection.Dabur has a robust presence across India and has expanded its reach to several international markets. In 2019 Dabur launched, 'Kids Vs Mosquito Rap Battle', to promote, Odomos spray.