Kairomones Market Overview
The Kairomones Market size is projected to grow at a CAGR of 14.5% during the forecast period 2022-2027. Kairomones is a semiochemical or
allelochemicals that provoke a behavioral or physiological response in the
receiver of the signal, which is beneficial to the receiver but not the
emitter. Kairomones
and synthetic pheromones are used for the
biological control of insect pests. The growing demand for medicinal plants
for herbal medicine at the global level is on the rise, which
is also driving the global kairomones industry’s growth. Additionally, the
growing organic food industry is focussing on increased organic food crops, by
utilizing kairomones as pest control for
increasing their yield. Owing to such factors, the demand for kairomones is expected to grow significantly over the forecast
period. The global economic downturn caused
by the COVID-19 pandemic resulted in a huge drop in demand for plantation
crops, floriculture and others, all across the world, which had a significant
impact on the growth of the Kairomones market size.
Kairomones Market Report
Coverage
The report: “Kairomones Market Report
– Forecast (2022 - 2027)” by Industry ARC,
covers an in-depth analysis of the following segments in the Global Kairomones industry.
Key Takeaways
- The North American region dominates the
Kairomones Market
owing to the rising growth and increasing investments in the organic food
industry. For instance, according to the Government of Canada, in 2022, the government announced an investment of up
to US$103,400 for the Organic Federation
of Canada to enable a new
collaboration that will promote sustainability and growth for Canada's organics industry.
- Rapidly rising demand for kairomones to meet the growing demand for high-quality and quantity of crops has driven the growth of the kairomones market.
- The increasing demand for global kairomones in the agriculture sector, due to their usage to protect crops from infectious diseases, has been a critical factor driving the growth of the market in the upcoming years.
- However, the usage of conventional synthetic pesticides can hinder the growth of the Kairomones market size.
Figure: North America Kairomones Market Revenue, 2021-2027 (US$ Million)
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Kairomones Market Segment Analysis – by Function
The mating disruption segment held the largest Kairomones Market share in 2021 and is anticipated to grow at a CAGR of 14.7% during the
forecast period 2022-2027. Mating
disruption has emerged as the leading function due to its higher effectiveness in
low or moderate pest infestations in comparison to other functions such as mass
trapping, detection and monitoring. The technique of mating disruption in pests
includes releasing high quantities of synthetic female sex hormones to alter
the mating behavior of males. Moreover, mating disruption controls
target species and therefore, greatly reduces the number of mating and hence, reduces
species reproduction. Thus, the exhibited characteristics of mating
disruption make it a preferred choice over the other function types, which is
driving its segmental growth.
Kairomones Market Segment Analysis – by Crop Type
The horticulture crops segment held the largest Kairomones Market share in 2021 and is anticipated to grow at a CAGR of 14.4% during the
forecast period 2022-2027. Kairomones
is a semiochemical or allelochemicals, which are mainly applied on
horticulture crops as compared to other crops such as field and plantation
crops, due to the growing demand for high-value crops among consumers.
Moreover, horticulture crops are more susceptible to pests such
as fruit flies, codling moths and peach-tree borers. The growing popularity of
organic crop protection products has increased the demand for biological
pesticides among farmers. The emerging trend of consuming organic and
clean-label foods is expected to boost the utilization of horticulture
crops. The organic farming sector of horticulture crops is
growing, for instance, according to the Indian Brand Equity Foundation (IBEF),
the Indian Organic Sector is forecasted to reach Rs75,000 crore (US$10.73
billion) by 2025 from Rs2,700 crore (US$386.32 million) in 2015. Thus, with
the growing demand for horticulture crops, the
market growth for Kairomones market size will further rise over the forecast period.
Kairomones Market Segment Analysis – by Geography
North America region dominated the Kairomones Market share of 39% in the year 2021, due to the increasing requirement for kairomones in Canada and USA. Canada is expected to continue its dominance in the kairomones market due to the growth of the organic food industry in the country. For instance, according to the government of Canada, in 2021, the government invested up to US$297,330 in the Prairie Organic Development Fund (PODF) to enable farmers to adopt best practices in organic farming production. The demand for organics in Canada is increasing at a rate of 8.7% annually. Additionally, in 2021, the U.S. Department of Agriculture’s (USDA) National Institute of Food and Agriculture (NIFA) announced an investment of over US$30 million for 33 grants that support farmers and ranchers who grow and market high-quality organic food, fiber and other organic products. They are used in agriculture and horticulture crops for the biological control of plant diseases and plant pathogens, similar to synthetic pheromones. Thus, the rising growth in the demand for kairomones for various crop protection from pests is proving to be a market booster for the Kairomones market size in this region.
Kairomones Market Drivers
Increasing High-Quality and Quantity of Crops:
Increasing
population and income have led to rising demand for high quantity and quality
crops. For instance, according to the United Nations, the world’s population is
forecasted to rise by 2 billion persons in the next 30 years, from 7.7 billion
in 2021 to 9.7 billion in 2050. Globally, farmers are increasing crop
production, either by increasing the agricultural land to grow crops or by
improving the production of crops on existing agricultural lands, by using
fertilizer, pesticides, irrigation and adopting other new products. The rising
demand for freshly produced, high-quality crops has increased the demand for kairomones
and
synthetic pheromones for crop protection. The yield of high-quality crops is increasing, for
instance, according to the Indian Brand Equity Foundation, in September 2021,
the Union Ministry of Agriculture and Farmers’ Welfare signed five MoUs with
CISCO, Ninjacart, Jio Platforms Limited, ITC Limited and NCDEX e-markets
Limited, in order to help farmers, make decisions on the kind of crops to grow,
variety of seeds to use and best practices to adopt to maximize the yield. Also,
according to the United States Department of Agriculture (USDA), in 2022,
Russian wheat production for the marketing year is forecast at 81.0 million
metric tons (MMT), up 1 percent from last month and up 8 percent from last
year. Moreover, in Brazil, total corn production for marketing year (MY)
2021/22 at 116.0 million metric tons (MMT), is larger than the previous year’s
crop (MY 2020/21) by 29.0mmt (33 percent). Thus, the growing demand for
high-quality and quantity of crops will drive the growth of the Global Kairomones industry.
Growing Agriculture Sector:
The demand for Kairomones,
which is a semiochemical or allelochemicals, to protect the
crops from infectious diseases caused by insects and pests such as bacterial
panicle blight and bacterial leaf scorch is expected to drive the kairomones market growth. The
increasing population with decreasing arable land generates the necessity for
using pesticides to prevent damage to food crops. The agriculture sector is
growing, for instance, in September 2021, the Spanish government allocated
EUR13 million (US$15.4 million) to fund the country’s agricultural projects.
The projects aim at increasing the country’s food production capacity while
contributing to rural development and regional balance. Also, according to the
Ministry for Development of the North-East Region, in 2019, the Government of
Japan invested 205.784 billion Yen (USD1.50 billion), in several ongoing
projects for Sustainable Agriculture & Irrigation as well as new projects
in different states of India's North-Eastern region. Moreover, increasing
government initiatives to strengthen the agrochemicals sector is anticipated to
surge the demand for biological pest controls such as kairomones in the agriculture sector. For instance,
according to the Indian Brand Equity Foundation, in 2021-2022, the government
plans to introduce production-linked incentives (PLI) scheme to promote
domestic manufacturing of agrochemicals such as pesticides and fertilizers,
with an allocation of US$32.2 million to the department of chemicals and
petrochemicals. Thus, to protect the farm yield, the need to control the damage
to farm output and with the increased investments by the government in the
agriculture sector, the growth of the Kairomones market is
forecasted to rise.
Kairomones Market Challenges
The Use of Conventional Synthetic Pest Control Products:
The rising usage and
popularity of substitutes such as synthetic pesticides will continue to hamper
the Kairomones Market growth. A number of farmers
especially in Asian countries, continue to practice the conventional
agricultural technique, despite the popularity of kairomones and also rely on conventional agricultural products
in the form of pest control. Moreover, the world's population is expected to
grow to almost 10 billion by 2050, therefore, in order to increase the
plantations and crops yield, the use of biological control of plant diseases
and pathogens has increased, for
instance, according to Food and Agriculture Organization (FAO), pesticide use
went up by 36% between 2000 and 2019. Thus, the usage of conventional synthetic
pesticides will hinder market growth.
Kairomones Industry Outlook
Technology launches,
acquisitions and R&D activities are key strategies players adopt in the Kairomones markets. The top 10
companies in the Kairomones market are:
- Shin-Etsu
- Pacific Biocontrol Corp
- Bedoukian Research
- Corteva Agriscience
- Suterra
- Pherobank
- Certis
- Koppert Biological Systems
- Isagro Group
- Rusell IPM
Relevant Reports
Report Code: CMR
0092
Report Code: CMR
1201