USD 117.01 billion
Integrated Pest Management Pheromones Market Size, Share, Growth Analysis, By Product(Sex Pheromones, Aggregation Pheromones, Alarm Pheromones, others), By Pheromone Type(Pheromones Traps, Pheromones Lures), By Pest Type(Moths, Fruit Flies, Beetles, others), By Mode of Application(Monitoring & Detection, Mating Disruption, Mass Trapping, others), By Application(Agriculture, Horticulture, Forestry, Storage Facilities), By Region - Industry Forecast 2024-2031
Report ID:
SQSG15C2012 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
147
|Figures:
78
Integrated Pest Management Pheromones Market Insights
Integrated Pest Management Pheromones Market size was valued at USD 117.01 billion in 2019 and is poised to grow from USD 127.46 billion in 2023 to USD 238.62 billion by 2031, growing at a CAGR of 9.2% in the forecast period (2024-2031).
IPM, or integrated pest management is a method of controlling pests that are favourable to the environment. It depends on a variety of techniques to economically control pests with the least amount of risk to people, property, and the environment. Monitoring and controlling specific pests in crops need IPM pheromones. IPM pheromones fall within the category of goods that are used to capture, catch, or kill pesticides primarily during agricultural activities. They are insect secretions that are used to communicate with and attract other bugs. They fall under the category of semiochemicals, which are substances that transmit signals from one organism to another in order to alter the behaviour of the recipient organism. In comparison to pesticides, IPM pheromones are safe and environment-friendly.
Crop protection uses integrated pest management technology has a number of advantages for farmers, the environment, and pest management organisations. While promoting low-cost pest management strategies, the use of integrated pest management techniques lowers the financial risk to the farmer. It lowers the health risk for field workers by promoting the use of best management practises.
US Integrated Pest Management Pheromones Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Fastest Growth
Agriculture
Growth Rate
9.2% CAGR
Global Integrated Pest Management Pheromones Market ($ Bn)
Country Share for North America (%)
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Integrated Pest Management Pheromones Market Segmental Analysis
Global Integrated Pest Management Pheromones Market is segmented based on the product, pheromone type, pest type, mode of application, application and region. Based on product, the market is sub segmented into sex pheromones, aggregation pheromones, alarm pheromones and others. According to pheromone type, the integrated pest management pheromones market is bifurcated into pheromone traps and pheromone lures. Based on pest type, integrated pest management pheromones market is categorized into moths, fruit flies, beetles and others. According to the mode of application, the Integrated Pest Management Pheromones Market is sub segmented into monitoring & detection, mating disruption, mass trapping and others. On the basis of application integrated pest management pheromones market is sub segmented into agriculture, horticulture, forestry and storage facilities. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Analysis by Mode of Application
The mating disruption segment accounted for the highest global integrated pest management pheromones market share in 2022. By creating artificial dispensers, the integrated pest management technique causes male insects to get confused, delaying mating and pest reproduction. Sex pheromones are widely employed to prevent mating because they can stop male insects from acting in a way that affects moth development. The fact that mating disruption is a focused pest management strategy and can only be applied to specific species of moths. However, one of its main drawbacks is when there are too many moths in one region, mating disruption is found to be ineffective.
Monitoring and detection segment is expected to register a high growth rate during the forecast period. This application method is regarded as the first stage in pest management because it aids in determining the kind and number of pests present in the area. It is also regarded as one of the early warning detection programmes, using monitoring logs to examine data on pests.
Analysis by Application
The agricultural sector held the largest market share in 2022 and is expected to attain a high CAGR during the forecast period. The demand for IPM pheromones in this industry is expected to be driven by the expanding trend of sustainable farming and strict global laws on the use of pesticides. The demand for the product is being impacted by farmers' inadequate knowledge on how to utilise IPM pheromones effectively. But outreach initiatives by local governments are adding to knowledge of the advantages of IPM pheromones among farmers in nations like China, India, and Indonesia. This eventually fuels the agricultural sector's product demand.
Integrated Pest Management Pheromones Market BY Application
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Integrated Pest Management Pheromones Market Regional Insights
North America dominated the global market for global integrated pest management pheromones market share in 2022. The region's agricultural sector appears to witness an increasing demand for IPM pheromones as farming has become increasingly mechanised and relies on an integrated system to assist agribusinesses. Improved agricultural technology including IPM, chemical and biological fertilisers, and grain elevators are now being used by farmers in North America. Many farmers have been forced to implement integrated pest management programmes for crop protection for their efficient strategies to develop specialty crops.
Europe is the second largest market and is expected to account for the fastest growth rate during the forecast period. This can be attributed to the abundance of fertile land, agricultural industry breakthroughs and technical innovations, growing consumer demand for food safety and expanding demand for high-quality food goods in nations like Spain, Italy, and the UK. Government agencies are implementing a number of environmental quality goals designed to promote biodiversity, including strict laws against pesticides.
Integrated Pest Management Pheromones Market By Region
- Largest
- Fastest
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Integrated Pest Management Pheromones Market Dynamics
Favorable Government Initiatives to Protect Agrobusiness to Bolster Demand for Integrated Pest Management Pheromones
- The market is expected to be positively impacted by the growing need to increase agricultural production, supportive government initiatives, reforms, and policies, growing public awareness of the benefits of IPM pheromone technologies, and growing public concern over the potential health risks of synthetic pesticides.
- Pheromones are in greater demand in the agricultural sector because of characteristics including biodegradability, non-toxicity to humans, long-term effects, and extensive area coverage. These elements support the growth of the IPM pheromones industry globally. The global IPM pheromones market is fueled in part by end-use sectors like horticulture and storage facilities.
Restraint
Restricted Performance to Hinder Integrated Pest Management Pheromones Market Growth
- IPM pheromone penetration is lower than that of other pesticides in developing agro-economies like India, China, Brazil, and Thailand. It is one of the main things hindering market expansion. The restricted use of IPM pheromones as an insecticide for particular targets is a key barrier to their widespread adoption.
- The development of the global market for IPM pheromone products is constrained by farmers' lack of awareness and expertise of these products. Farmers that are completely reliant on chemical techniques of pest control are discouraged from using IPM due to inadequate training facilities and IPM equipment.
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Integrated Pest Management Pheromones Market Competitive Landscape
Global Integrated Pest Management Pheromones Market is fragmented and competitive due to the presence of major players. To maintain a competitive edge and increase their market position in the worldwide integrated pest management market, leading companies are increasingly focusing on implementing tactics such as adopting new technology, product developments, mergers and acquisitions, joint ventures, alliances, and partnerships. Key players include Syngenta Bioline, Russell IPM, Sumi Agro France, Hercon Environmental and Active IPM. Leading companies are using innovative production processes to meet the rising demand from various end users in the nutraceutical excipients market. Another important tactic used by market participants to stay ahead of the curve is portfolio expansion.
Integrated Pest Management Pheromones Market Top Player's Company Profiles
• BASF SE
• Syngenta AG
• Bayer AG
• DowDuPont Inc.
• FMC Corporation
• Sumitomo Chemical Co., Ltd.
• Shin-Etsu Chemical Co., Ltd.
• Suterra LLC
• Russell IPM Ltd.
• Isagro S.p.A.
• Trécé, Inc.
• Pherobank B.V.
• Bedoukian Research, Inc.
• Bioline AgroSciences Ltd.
• Certis Europe BV
• Koppert Biological Systems
• Scentry Biologicals, Inc.
• CBC (Europe) S.r.l.
• ATGC Biotech Pvt. Ltd.
• Agrisense BCS Ltd
Integrated Pest Management Pheromones Market Recent Developments
- In June 2022, FMC Corporation, a US corporation that specialises in agricultural sciences, announced the acquisition of BioPhero ApS, a Danish company that conducts pheromone research and manufacture, for $200 million. This acquisition will strengthen FMC's position as a pioneer in providing cutting-edge and environment-friendly crop protection solutions by introducing biologically produced state-of-the-art pheromone pest control technology to their product portfolio and research and development pipeline.
- In March 2022, Provivi, a major supplier of pheromone-based crop protection products, and Syngenta Crop Protection, one of the biggest agricultural businesses in the world, announce the launch of jointly developed product Nelvium, a novel mating disruption product, to more successfully and safely control damaging pests in rice. For half of the world's population, this crop provides their principal energy source.
Integrated Pest Management Pheromones Key Market Trends
- Technological Advancement in IPM Industry to bring Lucrative Growth Opportunities for Players: The pest control industry is continually looking for new products and technology that will improve how pests can be prevented. The IPM is a proactive strategy for pest control that focuses on proactive measures like facility maintenance and cleanliness to prevent pests. It is now generally accepted in many industries as the standard for service. Biorational materials are comparatively non-toxic and have negligible environmental effects. The University of California researchers claim that the "pheromone-assisted approach" significantly increases the efficacy of pesticides, particularly for Argentine ants.
- Technological Advancements: Pheromones are used to improve products that reduce pests like ant species and lessen their negative effects on the environment, non-target animals, and human health. As a result, the market participants have significant growth prospects because of technological advancements in various forms of IPM.
Integrated Pest Management Pheromones Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Integrated Pest Management Pheromones Market report, the primary factor propelling the market growth throughout the forecast period is an increase in commercial agriculture. The market for IPM pheromone products is also experiencing growth due to increased knowledge of IPM pheromone technology. Besides, IPM pheromone product makers can benefit from technology developments in various sorts of IPM. These aforementioned factors are expected to positively impact the market of integrated pest management globally in the upcoming years.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 117.01 billion |
| Market size value in 2031 | USD 238.62 billion |
| Growth Rate | 9.2% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Integrated Pest Management Pheromones Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Integrated Pest Management Pheromones Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Integrated Pest Management Pheromones Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Integrated Pest Management Pheromones Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Integrated Pest Management Pheromones Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Integrated Pest Management Pheromones Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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