The global demand for Integrated Pest Management Ipm Pheromones Market is presumed to reach the market size of nearly USD 11.04 BN by 2030 from USD 5.07 BN in 2022 with a CAGR of 10.22% under the study period 2023 - 2030.
Pheromones are chemical compounds emitted in the environment by insects. The pheromones are emitted to warn their other partners of the presence of a food source. IPM (integrated pest management) pheromones are synthetically produced and closely resemble naturally released pheromones. As a result, it aids in the proper growth of crops. IPM is a strategy or approach to preventing pest damage in the farm field. IPM pheromones are utilized in one of four control methods: biological control, cultural control, mechanical and physical control, and chemical control.
Market Dynamics
During the projected period, the worldwide IPM pheromone market is predicted to develop at a modest rate. Forestry has grown into a lucrative business, spawning new development paradigms in the integrated pest management pheromones market. The use of pheromones in forestry and agriculture will continue to generate new income in this sector. The use of pheromones for pest management is not limited to agriculture. Several industries, including storage, manufacturing, and warehousing, have opened new market expansion and maturity avenues. Furthermore, the significance of pest management in the manufacturing sector is linked to a bigger purpose. Pest management ensures that processes run smoothly while providing a safety blanket for industrial personnel. Horticulture's relevance to agriculture may be viewed as a great driver of demand in the worldwide market as the use of integrated pest management pheromones aids in the protection of fruits and vegetables grown in controlled conditions. Governments have recently recognized the significance of enhancing agricultural output, prompting them to invest in innovative technology. This has contributed to the generation of new revenues in the worldwide integrated pest control pheromones market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of integrated pest management ipm pheromones. The growth and trends of integrated pest management ipm pheromones industry provide a holistic approach to this study.
Market Segmentation
This section of the integrated pest management ipm pheromones market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Pheromone Type
- Pheromone Traps
- Pheromone Lures
By Pest Type
- Moths
- Fruit Flies
- Beetles
- Others
By Application
- Agriculture
- Horticulture
- Forestry
- Storage Facilities
By End Use
- Detection & Monitoring
- Mating Disruption
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Integrated Pest Management Ipm Pheromones market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Integrated Pest Management Ipm Pheromones Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the integrated pest management ipm pheromones market include Russell IPM, Shin-Etsu Chemicals, International Pheromone Systems Ltd (IPS), Suterra LLC, Trécé, Inc., Novagrica, Agrisense BCS Ltd, Pheromone Chemicals, Ponalab, Indore Biotech Inputs and Research Pvt. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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