Leading Integrated Pest Management Pheromones Application Markets Databank

Leading Integrated Pest Management Pheromones Application Markets Databank

The Integrated Pest Management (IPM) market was valued at $6,950.0 Million in 2020, and is projected to reach $10,092.1 Million by 2029 growing at a CAGR of 4.28% from 2021 to 2029. Weeds segment is expected to be the highest contributor to this market, with $2,734.4 Million in 2020, and is anticipated to reach $4,007.5 Million by 2029, registering a CAGR of 4.39%. Invertebrates segment is anticipated to reach $1,208.1 Million by 2029 with the highest CAGR of 4.48%. Weeds and Vertebrates segments collectively expected to account for about 66.4% share of the Integrated Pest Management (IPM) market in 2020, with the former constituting around 39.3% share. Invertebrates and Weeds segments are expected to witness significant growth rates at a CAGR of 4.48% and 4.39% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 51.1% in the overall Integrated Pest Management (IPM) market in 2020, and is anticipated to reach 51.7% by 2029.