Global Integrated Pest Management Pheromones Market Insights Forecasts to 2033

• The Global Integrated Pest Management Pheromones Market Size was Valued at USD 945.7 Million in 2023
• The Market Size is Growing at a CAGR of 7.76% from 2023 to 2033
• The Worldwide Integrated Pest Management Pheromones Market Size is Expected to Reach USD 1995.9 Million by 2033
• Europe is Expected to Grow the fastest during the forecast period.

 

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The Global Integrated Pest Management Pheromones Market Size is Anticipated to Exceed USD 1995.9 Million by 2033, Growing at a CAGR of 7.76% from 2023 to 2033.

 

Market Overview 

Integrated pest management (IPM) pheromones are agrochemicals designed to attract, capture, and kill pests and insects to encourage healthy crop growth. Modern agricultural and pest management strategies depend on Integrated Pest Management (IPM) pheromones, which aim to minimize insect populations while having the least detrimental impact on the environment. IPM pheromones are thought to be cleaner and more environmentally friendly than synthetic agrochemicals like pesticides. IPM pheromones are applied in four ways: mechanical control, physical control, cultural control, and biological control. Pheromones used in Integrated Pest Management (IPM) are regarded as cleaner and more environmentally friendly than insecticides. IPM pheromones are items used to trap, catch, or destroy insects and pests, primarily during agricultural operations, and are considered to be cleaner and more environmentally friendly than pesticides. Integrated pest management (IPM) pheromones are considered a key component in pesticide risk mitigation and healthy crop development. They are based on several principles, including recognizing pests, their hosts, and beneficial organisms before taking action, creating monitoring regulations for each pest species, establishing an action threshold level for the pest, assessing and implementing control tactics, and tracking, evaluating, and documenting the results. Based on the medium of interaction, pheromones can be categorized as alarm, aggregation, or sex pheromones.  

 

Report Coverage

This research report categorizes the market for the global integrated pest management pheromones market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global integrated pest management pheromones market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global integrated pest management pheromones market.

 

Driving Factors

Pheromones are substances a variety of insects utilize to communicate, attract mates, or locate food. IPM pheromones are widely employed in many industries, including agriculture, horticulture, and forestry, to minimize pest infestations in vegetables, fruits, food grains, and crops. Rising knowledge about food security, innovations in the agricultural sector, increased research and development activities, and increased understanding of the use of sustainable products are some of the important reasons driving worldwide revenue growth. The world's rapidly expanding population, the growing need to improve agricultural productivity, and the rising demand for high-quality crops and food products are all driving worldwide market expansion. Furthermore, government initiatives and campaigns to educate farmers on the importance of employing pheromones are helping to expand the global IMP pheromones market. The agricultural industry's expansion and development indicate an increase in demand, production, and supply of agricultural instruments and technology that encourage the growth of healthier, insect- and pest-free crops. The increased availability of agricultural chemicals such as IPM pheromones represents a major market growth factor. Increased government approval of items will also lead to higher industry revenues overall.

 

Restraining Factors

Farmers' lack of understanding and experience in underdeveloped economies limits the global IPM pheromone products market's growth. The biggest impediments to IPM acceptance among farmers are insufficient training programs and IPM instruments, while others rely solely on chemical pest management strategies.  

 

Market Segmentation

The global integrated pest management pheromones market share is classified into product, mode of application, and application.

 

• The sex pheromones segment is expected to dominate in the global integrated pest management pheromones market during the forecast period.   

Based on the product, the global integrated pest management pheromones market is divided into sex pheromones, aggregation pheromones, and alarm pheromones. Among these, the sex pheromones segment is expected to dominate in the global integrated pest management pheromones market during the forecast period. This is outlined by the fact that it is frequently used to manage insect populations in fields. These pest management pheromones are thought to be highly effective since they reduce mating disruption and larval multiplication on crops and trees.

 

• The mating disruption segment accounted for a significant share of the global integrated pest management pheromones market during the forecast period.   

Based on the mode of application, the global integrated pest management pheromones market is divided into monitoring & detection, mass trapping, mating disruption, and others. Among these, the mating disruption segment accounted for a significant share of the global integrated pest management pheromones market during the forecast period. In mating disruption science, male insects are confused by synthetic dispensers, which causes pest mating and reproduction difficulties. Sex pheromones are widely utilized in mating disruption operations as a result of their capacity to disturb male insect behavior, hence impacting moth development.

 

• The agriculture segment accounted for the largest share of the global integrated pest management pheromones market during the forecast period.   

Based on the application, the global integrated pest management pheromones market is divided into residential, agriculture, horticulture, forestry, and storage facilities. Among these, the agriculture segment accounted for the largest share of the global integrated pest management pheromones market during the forecast period. This is linked to the global trend of sustainable farming and the strict laws governing the use of pesticides, which are expected to increase demand for IPM pheromones in this industry.

 

Regional Segment Analysis of the Global Integrated Pest Management Pheromones Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

 

North America is anticipated to hold the largest share of the global integrated pest management pheromones market over the predicted timeframe.

 

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North America is anticipated to hold the largest share of the global integrated pest management pheromones market over the predicted timeframe. This is due to increased demand for IPM pheromones in North America's agricultural sector, where farming has grown mechanized and largely reliant on an integrated system to support agribusinesses. Farmers in North America have begun to use enhanced technology such as IPM, chemical and biofertilizers, and grain elevators. The increased demand for effective pest management strategies to develop specialty crops has driven many farmers to implement integrated pest management systems to protect their harvests. The adoption of the precision farming effort by the Canadian federal government to develop ecological and cost-effective practices is likely to open up new market opportunities over the forecast period. Farmers in the United States have widely used IPM tactics due to strict pesticide residual laws. Key pests are managed by most fruit and vegetable growers using pheromone-based IPM methods.    

 

Europe is expected to grow at the fastest pace in the integrated pest management pheromones market during the forecast period. This is due to the quantity of fertile land, agricultural industry discoveries and technical advancements, increasing demand from consumers for food safety, and developing demand for high-quality food commodities in countries such as Spain, Italy, and the United Kingdom. The national government is implementing several environmental quality goals, such as strict laws prohibiting pesticides, to foster biodiversity. These goals are aimed at promoting biodiversity and include strict limitations on the use of toxic pesticides. All of these factors drive the IPM pheromones market in Europe.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global integrated pest management pheromones market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• 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.
• BASF SE
• Biobest Group NV
• Isagro Group
• Bio Controle
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Developments

 

• In June 2022, FMC Corporation, a US agricultural science business, has announced the $200 million takeover of BioPhero ApS, a Danish pheromone research and manufacturing firm.

 

• In April 2022, Biobest completed an acquisition of a 60% share in Biopartner. The acquisition aimed to increase Biobest's presence in Poland.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Integrated Pest Management Pheromones Market based on the below-mentioned segments: 

 

Global Integrated Pest Management Pheromones Market, By Product

• Sex Pheromones
• Aggregation Pheromones
• Alarm Pheromones

 

Global Integrated Pest Management Pheromones Market, By Mode of Application

• Monitoring & Detection
• Mass Trapping
• Mating Disruption
• Others

 

Global Integrated Pest Management Pheromones Market, By Application

• Residential
• Agriculture
• Horticulture
• Forestry
• Storage Facilities

 

Global Integrated Pest Management Pheromones Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa