Integrated Pest Management Market Analysis and Forecast to 2032: By Control Method (Biological, Chemical, Pathogen & Weed), Pest (Invertebrates, Vertebrates, Others), Application (Agricultural, Residential, Industrial), and Region

Integrated Pest Management Market Analysis and Forecast to 2032: By Control Method (Biological, Chemical, Pathogen & Weed), Pest (Invertebrates, Vertebrates, Others), Application (Agricultural, Residential, Industrial), and Region

The global integrated pest management market was valued at USD 17.8 billion in 2022 and it is anticipated to grow further till USD 36.5 billion by 2032, at a CAGR of 7.5% during the forecast period.

An ecosystem-based strategy known as integrated pest management (IPM) stresses long-term pest avoidance or damage reduction by employing a number of techniques, including biological control, habitat management, changing cultural practices, and the adoption of resistant cultivars. It promotes sturdy construction, thriving vegetation, and bio-based, ecologically friendly pest control methods.
Global Integrated Pest Management Market Scope and Report Structure
Market Driver and Trends
The market for integrated pest management has grown dramatically as a result of growing environmental concern. In the next years, the market will be led by variables like IPM programmes, which are important approaches utilised to deal with weed, insect, and disease issues as well as prevent them from destroying crops, endangering animals, or infesting buildings.
Market Restraints and Challenges
Planning and expertise in a variety of sectors are necessary for the proper execution of integrated pest management (IPM). The global Integrated Pest Management (IPM) market's revenue growth is largely being held back by a lack of awareness and a shortage of experienced personnel in developing nations.

Global Integrated Pest Management Market Segmental Overview
The global integrated pest management market is segmented into control method, pest, application, and region.

Global Integrated Pest Management Market by Control Method

Based on control method, it is segmented into biological, chemical, pathogen & weed, and region. The biological segment is anticipated to dominate the market during the forecast period. Similarly, chemical segment is anticipated to witness the fastest growth during the forecast period.

Global Integrated Pest Management Market by Pest

Based on the pest, it is segmented into invertebrates, vertebrates, and others. The invertebrates segment is anticipated to dominate the market during the forecast period. Similarly, the vertebrates segment is anticipated to witness the fastest growth during the forecast period.

Global Integrated Pest Management Market by Application

Based on the application, it is segmented into agricultural, residential, and industrial. The agricultural segment is anticipated to dominate the market during the forecast period. Similarly, residential segment is anticipated to witness the fastest growth during the forecast period.
Geographical Analysis of the Global Integrated Pest Management Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, Asia Pacific region is anticipated to witness the fastest growth during the forecast period.
Major Players in the Global Integrated Pest Management Market
The key players studied in the report are BASF SE, Advanced Integrated Pest Management, IPM Pest Control, SGS SA, MB Integrated Pest Control, Bayer CropScience LP, Ecolab Inc., IPM Technologies Pty Ltd, and Integrated Pest Management Solution (IPMS India) among others.
COVID-19 Impact
The market for integrated pest management pheromones has been adversely affected by the COVID-19 outbreak. The production and supply of integrated pest control pheromones were impacted, and crop protection activities were hampered globally as a result of the global lockdown and quarantine measures taken to combat the COVID-19 pandemic. In most cases, manpower is needed to apply integrated pest management pheromones. Most nations experienced a labour deficit. This had an immediate effect on the market for IPM pheromone products.
Recent Developments

November 2020, Syngenta AG, a Switzerland-based agricultural science and technology company, launched Spiropidion, a new insecticide active ingredient. It is a cutting-edge new insect control technique that will assist farmers in effectively and sustainably defending their crops against destructive sucking pests. Spiropidion gives farmers a new tool for Integrated Pest Management (IPM) programs because it is safe for naturally occurring beneficial insects and pollinators.
April 2022, Viking Pest Control, a US-based company operating in integrated pest management acquired Integrated Pest Management of Hammonton for an undisclosed amount. Through the acquisition, Viking Pest Control aims to strengthen its integrated pest management product portfolio and gain market leadership in pest management. Additionally, it aims to offer clients innovative, smart, and hassle-free pest control solutions.

Frequently Asked Questions
Q1. How big is the Integrated Pest Management market?

Ans. The global Integrated Pest Management market size was USD 17.8 billion in 2022 and it is anticipated to grow further till USD 36.5 billion by 2032, at a CAGR of 7.5% from 2023 to 2032.

Q2. What is the Integrated Pest Management market growth rate?

Ans. The growth rate of the Integrated Pest Management market is 7.5%.

Q3. Which region holds a major market share for the Integrated Pest Management market?

Ans. North America holds a major market share of the Integrated Pest Management market in 2022.

Q4. Which segment accounted for the largest Integrated Pest Management market share?

Ans. By application, agricultural segment accounted for the largest Integrated Pest Management market share.

Q5. Who are the key players in the Integrated Pest Management market?

Ans. The global Integrated Pest Management market report includes players such as BASF SE, Advanced Integrated Pest Management, IPM Pest Control, SGS SA, MB Integrated Pest Control, Bayer CropScience LP, Ecolab Inc., IPM Technologies Pty Ltd, and Integrated Pest Management Solution (IPMS India) among others.

Q6. What are the factors driving the Integrated Pest Management market growth?

Ans. The major factors driving the growth of the market are the growing market in emerging countries.

Q7. What are the key growth strategies of Integrated Pest Management market players?

Ans. The key growth strategies of Integrated Pest Management market players are product launch and product approval.

Q8. Which region will provide more business opportunities for the Integrated Pest Management market during the forecast period?

Ans. The Asia-Pacific region will provide more business opportunities for the Integrated Pest Management market during the forecast period.

Please Note: This report will be delivered by publisher within 3-4 business days of order confirmation.