Global Integrated Pest Management (IPM) Pheromones Market, By Type (Sex Pheromones, Aggregation Pheromones, Ovioposition-Dettering Pheromones, Alarm Pheromones, Trail Pheromones and Others), Usage (Pheromone Traps and Pheromone Lures), Pest Type (Moths, Fruit Flies, Beetles and Others), Function (Mating, Disruption, Detection, Monitoring and Mass Trapping), Applications (Residential, Commercial, Agriculture, Horticulture, Forestry, Storage Facilities and Others) – Industry Trends and Forecast to 2030.
Integrated Pest Management (IPM) Pheromones Market Analysis and Size
Integrated pest management pheromones are gaining global popularity and as a result, there is rise in the filings for regulatory approvals by the manufacturers. A crucial element of market competition is regulatory approval. In order to expand into new markets and enhance their offerings, industry participants are investing a lot of money in the development of innovative products. The market for integrated pest control pheromones is expected to be dominated by the agriculture segment due to rising worldwide agricultural output and the massive production of decorative plants and flowers.
Data Bridge Market Research analyses that the integrated pest management (IPM) pheromones market, valued at USD 979.39 million in 2022, will reach USD 2,045.07 million by 2030, growing at a CAGR of 9.64% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Integrated Pest Management (IPM) Pheromones Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Sex Pheromones, Aggregation Pheromones, Ovioposition-Dettering Pheromones, Alarm Pheromones, Trail Pheromones and Others), Usage (Pheromone Traps and Pheromone Lures), Pest Type (Moths, Fruit Flies, Beetles and Others), Function (Mating, Disruption, Detection, Monitoring and Mass Trapping), Applications (Residential, Commercial, Agriculture, Horticulture, Forestry, Storage Facilities and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Bioline AgroSciences ltd (U.K.), Russell IPM Ltd (U.K.), Sumi Agro France (France), Hercon Environmental (U.S.), Harmony Ecotech Pvt. Ltd. (U.S.), AgBiTech (U.S.), AGRICHEM, SA (Spain), AgroChem. (U.S.), ATGC eStore. (India), Atlas Agro AG. (Brazil), Semios. (Canada), Shin-Etsu Chemical Co., Ltd. (Japan), Suterra. (U.S.), Trécé Inc., (U.S.), BASF SE (Germany), Koppert (Netherlands), and BIOBEST GROUP NV (Belgium)
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Market Opportunities
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Market Definition
Integrated pest management (IPM) pheromones are the agricultural chemicals that are used to catch, trap, and kill the pests and insects in order to promote a healthier cultivation of crop. When compared to synthetic agrochemicals such as pesticides, IPM pheromones are considered clean and eco-friendly products. IPM pheromones are used in four approaches: mechanical control, physical control, cultural control, and biological control.
Integrated Pest Management (IPM) Pheromones Market Dynamics
Drivers
- Growing awareness about integrated pest management system will bolster the market growth
Farmers, the environment, and pest management organisations can all profit from the use of integrated pest management technology in crop protection. The use of integrated pest management strategies lowers the financial risk to farmers while encouraging low-cost pest control methods. By promoting the implementation of optimum management practises, it lowers the health risk for field employees. Over the forecast period, it is expected that the decrease in crop and land destruction will increase demand for IPM pheromones.
- Growing demand for crop protection tools and technologies is a major driver
Growth and expansion of the agricultural industry is an indicator for the rise in demand, production, and supply of agricultural tools and technologies that promote the growth of healthier, insect-free and pest-free crops. Rising availability of agricultural chemicals such as IPM pheromones is therefore, an important market growth determinant. Further, rising number of government approved products will generate greater revenues for the overall industry.
Opportunities
- Bright future of commercial agriculture is a promising opportunity
Cultivation of animals and livestock grazing are both a part of commercial agriculture. Commercial farming involves the production of crops and cattle on vast farms employing equipment, irrigation techniques, chemical fertilisers, and other technology. There are many different types of commercial farming, such as dairy farming, grain farming, plantation farming, and cattle ranching. During the forecast period, the global IPM pheromone products market is expected to increase due to the rising demand from commercial agriculture for the large-scale cultivation of crops.
Restraints/Challenges
- Lack of product knowledge will derail the market growth rate
The expansion of the global IPM pheromone products market is constrained by farmers' lack of awareness and expertise in the underdeveloped economies about IPM pheromone products. The main barriers to IPM adoption among farmers include inadequate training programmes and inadequate IPM tools, while others are completely reliant on chemical pest management techniques.
This integrated pest management (IPM) pheromones market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the integrated pest management (IPM) pheromones market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact
COVID-19's impacts have had a significant influence on the sales and distribution of various goods across industries. In order to combat the COVID-19 pandemic, lockdown and quarantine measures were implemented; as a result, the production of IPM pheromone was once constrained, impacting crop protection activities globally. However, China has recovered in the post-pandemic period to become one of the only significant manufacturers and suppliers of plant protection goods to several industrialised and developing nations. IPM pheromone supply and demand are both relatively positive, and global output has increased.
Recent Developments
- In 2021, Koppet took a step towards expanding its Horiver sticky trap. The idea was to expand by introducing four new traps. These traps, namely, Horiver wet, Horiver dry, Horiver disc, and Horiver delta help to trap pests such as leaf miners, asphids, whiteflies, and other harmful insects.
- In 2022, Biobest made an acquisition of acquiring 60% stake of Biopartner. The idea behind the acquisition of was to strengthen Biobest’s presence in Poland.
Global Integrated Pest Management (IPM) Pheromones Market Scope
The integrated pest management (IPM) pheromones market is segmented on the basis of type, usage, pest type, function, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Sex Pheromones
- Aggregation Pheromones
- Ovioposition-Dettering Pheromones
- Alarm Pheromones
- Trail Pheromones
- Others
Usage
- Pheromone Traps
- Pheromone Lures
Pest Type
- Moths
- Fruit Flies
- Beetles
- Others
Function
- Mating
- Disruption
- Detection
- Monitoring
- Mass Trapping
Application
- Residential
- Commercial
- Agriculture
- Horticulture
- Forestry
- Storage Facilities
- Others
Integrated Pest Management (IPM) Pheromones Market Regional Analysis/Insights
The integrated pest management (IPM) pheromones market is analyzed and market size insights and trends are provided by country, type, usage, pest type, function, and application as referenced above.
The countries covered in the integrated pest management (IPM) pheromones market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominates the market and will continue to do so in the forecast period. The region’s dominance is attributed to the prevalence of advanced agricultural infrastructure and growing demand for IPM pheromones in U.S. and Canada. The economy has become heavily dependent on an integrated system for supporting agribusinesses, which in turn, will create lucrative growth opportunities for the region.
On the other hand, Asia-Pacific is predicted to score the highest growth rate and register highest CAGR for the forecast period. Growing adoption of several environmental quality objectives aimed at improving the ecological balance and rising number of regulatory product approvals in the region are the major reasons bolstering Asia-Pacific’s growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Integrated Pest Management (IPM) Pheromones Market Share Analysis
The integrated pest management (IPM) pheromones market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to integrated pest management (IPM) pheromones market.
Some of the major players operating in the integrated pest management (IPM) pheromones market are:
- Bioline AgroSciences ltd (U.K.)
- Russell IPM Ltd (U.K.)
- Sumi Agro France (France)
- Hercon Environmental (U.S.)
- Harmony Ecotech Pvt. Ltd. (U.S.)
- AgBiTech (U.S.)
- AGRICHEM, SA (Spain)
- AgroChem. (U.S.)
- ATGC eStore. (India)
- Atlas Agro AG. (Brazil)
- Semios. (Canada)
- Shin-Etsu Chemical Co., Ltd. (Japan)
- Suterra. (U.S.)
- Trécé Inc., (U.S.)
- BASF SE (Germany)
- Koppert (Netherlands)
- BIOBEST GROUP NV (Belgium)
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