Integrated Pest Management (IPM) Pheromones Market

IMARC Group, a leading market research company, has recently releases report titled “Integrated Pest Management (IPM) Pheromones Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global IPM market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global integrated pest management (IPM) pheromones market size reached US$ 926.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,398.8 Million by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028.

What is Integrated Pest Management (IPM) Pheromones Market?

Integrated pest management (IPM) pheromones refer to environment-friendly pest control techniques that combine several management practices and strategies to grow healthy crops while minimizing the usage of pesticides. They integrate cultural traditions, along with physical, biological, prevention, mechanical, and chemical controls, to contain and suppress all kinds of pests, such as insects, diseases, weeds, and vertebrate pests, including ground squirrels and pigeons. IMP pheromones are considered a pillar for sustainable intensification and pesticide risk reduction of crop production. They are based on various principles, such as identifying pests, their hosts, and beneficial organisms before establishing monitoring guidelines for each pest species, taking action, developing an action threshold, evaluating and implementing control tactics, and monitoring, analyzing, and documenting the results.

Integrated Pest Management (IPM) Pheromones Market Trends and Drivers: 

The expanding agriculture industry is among the primary factors driving the integrated pest management (IPM) pheromones market. In addition, the launch of several policies by the government bodies toward sustainable development is further augmenting the market growth. Besides this, the rising awareness toward the benefits of IPM pheromone technologies and the increasing concerns among individuals over the potential health hazards of synthetic pesticides are also catalyzing the global market. Moreover, the inflating number of investments by the leading players in pest control techniques are acting as significant growth-inducing factors. Apart from this, various technological advancements and the integration of this technology in crop protection are also stimulating the market growth. Furthermore, the elevating requirement for innovative farming practices, the decreasing arable lands, the growing health-consciousness among the masses, and the extensive research and development (R&D) activities conducted by the major manufacturers, are anticipated to propel the integrated pest management (IPM) pheromones market over the forecasted period.

Who are the key players operating in the industry?

The report covers the major market players including: 

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.

The report has been segmented the market into following categories:

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

By Geography:

• 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

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