Integrated Pest Management (IPM) Pheromones Market Report by Product (Sex Pheromones, Aggregation Pheromones, Alarm Pheromones, and Others), Function (Monitoring and Detection, Mating Disruption, Mass Trapping, and Others), Mode of Application (Traps, Prayers, Dispensers), Application (Field Crops, Vegetable Crops, and Others), and Region 2024-2032
The global integrated pest management (IPM) pheromones market size reached US$ 989.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,689.5 Million by 2032, exhibiting a growth rate (CAGR) of 5.94% during 2024-2032.
Integrated pest management (IPM) pheromones refer to environmentally friendly pest management approaches that combine different management practices and strategies to grow healthy crops while minimizing the utilization of pesticides. They integrate cultural practices, along with prevention and mechanical, physical, biological and chemical pest controls to prevent and suppress all kinds of pests, such as weeds, insects, diseases and vertebrate pests, including ground squirrels and pigeons. They are considered as a pillar for pesticide risk reduction and sustainable intensification of crop production. They are based on several principles, such as identifying pests, their hosts and beneficial organisms before taking action, establishing monitoring guidelines for each pest species, developing an action threshold for the pest, evaluating and implementing control tactics and monitoring, analyzing and documenting the results.
Integrated Pest Management (IPM) Pheromones Market Trends:
The global market is majorly driven by significant growth in the agriculture industry. Along with this, the rising environmental concerns among the masses have encouraged leading players to heavily invest in the implementation of integrated pest management pheromones, thereby contributing to the growth of the market on the global level. Apart from this, numerous initiatives undertaken by the governments of several countries toward sustainable development are creating a positive outlook. Moreover, the rising awareness regarding the benefits of IPM pheromone technologies and the increasing concerns among individuals over the potential health hazards of synthetic pesticides are impacting the market growth favorably. Furthermore, continual technological advancements and the integration of pest management technology in crop protection are providing a boost to the demand. Other factors, including the widespread adoption of sustainable farming practices, a considerable decrease in arable lands, the growing health-consciousness among the masses and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global integrated pest management (IPM) pheromones market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, function, mode of application and application.
Breakup by Product:
Sex Pheromones
Aggregation Pheromones
Alarm Pheromones
Others
Breakup by Function:
Monitoring and Detection
Mating Disruption
Mass Trapping
Others
Breakup by Mode of Application:
Traps
Prayers
Dispensers
Breakup by Application:
Field Crops
Vegetable Crops
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced IPM, BASF SE, Bayer AG, Ecolab Inc., IPM Technologies Pty Ltd., IPMS India (Pvt) Ltd., Isagro, Novagrica, Russell IPM Ltd., SGS S.A., Shin-Etsu Chemical Co. Ltd., Sumitomo Corporation and The Wonderful Company LLC.
Key Questions Answered in This Report
1. What was the size of the global Integrated Pest Management (IPM) pheromones market in 2023?
2. What is the expected growth rate of the global Integrated Pest Management (IPM) pheromones market during 2024-2032?
3. What are the key factors driving the global Integrated Pest Management (IPM) pheromones market?
4. What has been the impact of COVID-19 on the global Integrated Pest Management (IPM) pheromones market?
5. What is the breakup of the global Integrated Pest Management (IPM) pheromones market based on the product?
6. What is the breakup of the global Integrated Pest Management (IPM) pheromones market based on function?
7. What is the breakup of the global Integrated Pest Management (IPM) pheromones market based on the mode of application?
8. What is the breakup of the global Integrated Pest Management (IPM) pheromones market based on the application?
9. What are the key regions in the global Integrated Pest Management (IPM) pheromones market?
10. Who are the key players/companies in the global Integrated Pest Management (IPM) pheromones market?