Integrated Pest Management Pheromones Market Trends, and Forecast 2024-2032

The global integrated pest management (IPM) pheromones market size reached US$ 989.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,689.5 Million by 2032, exhibiting a growth rate (CAGR) of 5.94% during 2024-2032.

Global Integrated Pest Management (IPM) Pheromones Industry: Key Statistics and Insights in 2024-2032

Integrated Pest Management (IPM) Pheromones Industry

Summary:

  • The global integrated pest management (IPM) pheromones market size reached USD 989.9 Million in 2023.
  • The market is expected to reach USD 1,689.5 Million by 2032, exhibiting a growth rate (CAGR) of 5.94% during 2024-2032.
  • North America leads the market, accounting for the largest integrated pest management (IPM) pheromones market share.
  • Sex pheromones hold the majority of the market share in the product segment as they are species-specific that makes them a precise and eco-friendly solution.
  • Mating disruption exhibits a clear dominance in the integrated pest management (IPM) pheromones industry.
  • Dispensers remain a dominant segment in the market because they are versatile and can be used in various agricultural settings, such as orchards and field crops.
  • Field crops represent the leading application segment.
  • The growing awareness among the masses about sustainable agriculture is a primary driver of the integrated pest management (IPM) pheromones market.
  • Rising concerns about health and safety are reshaping the integrated pest management (IPM) pheromones market.
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Industry Trends and Drivers:

  • Growing awareness about sustainable agriculture:

The increasing awareness among people about sustainable agriculture, as farmers and agricultural producers are seeking eco-friendly and non-toxic alternatives to chemical pesticides, is supporting the market growth. Pheromones are a key component of IPM strategies, offering a way to control pests without harming beneficial insects or pollinators, which are vital for biodiversity and crop health. As sustainability is becoming a priority, particularly in response to the rising consumer demand for organic and chemical-free produce, IPM pheromones are providing a targeted and environmental-safe approach to pest management, thereby offering a favorable market outlook.

  • Rising concerns about health and safety:

The growing concerns about health and safety, as agricultural producers are seeking safer alternatives to traditional chemical pesticides, are positively influencing the market. Pesticides are linked to a range of health issues like allergies, cancer, and hormone disruption, which are raising concerns about their widespread use, especially in food production. As a result, there is an increase in the demand for pest control methods that are both effective and safe for human health, wildlife, and the environment. Pheromones, which target specific pests without affecting non-target species or leaving harmful residues on crops, are aligning with this rising demand for safer agricultural practices, thereby supporting the market growth.

  • Technological advancements in pheromone formulations:

Innovations in pheromone formulations to improve the effectiveness, durability, and cost-efficiency of pheromone-based solutions, are impelling the market growth. Advancements in pheromone delivery systems, such as slow-release formulations and more precise application techniques, are enhancing the longevity and impact of pheromones, thereby supporting the market growth. Additionally, innovations in synthetic biology and chemical engineering are making pheromones production more efficient and cost-effective, making them more accessible to farmers. These developments are creating the need for pheromone formulations that can target specific pests with greater precision and reduce the application of broad-spectrum chemical pesticides.

Integrated Pest Management (IPM) Pheromones Market Report Segmentation:

Breakup By Product:

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  • Sex Pheromones
  • Aggregation Pheromones
  • Alarm Pheromones
  • Others

Sex pheromones represent the largest segment as they are used in pest control to attract and disrupt the mating behaviors of target pests, which makes them highly effective in IPM strategies.

Breakup By Function:

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

Mating disruption accounts for the majority of the market share because it is one of the most successful and widely used methods in IPM, which reduces pest population without harmful chemicals.

Breakup By Mode of Application:

  • Traps
  • Prayers
  • Dispensers

Dispensers exhibit a clear dominance in the market due to their efficiency to release pheromones over a long period, ensuring consistent pest management.

Breakup By Application:

  • Field Crops
  • Vegetable Crops
  • Others

Field crops hold the biggest market share on account of their extensive cultivation and vulnerability to pest infestations, which requires effective pest management solutions like pheromones for protection.

Breakup By Region:

  • 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

North America enjoys the leading position in the market owing to the advanced agricultural practices, rising demand for sustainable farming solutions, and increasing investments in pest management technologies.

Top Integrated Pest Management (IPM) Pheromones Market Leaders:

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The integrated pest management (IPM) pheromones market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

  • 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
  • The Wonderful Company LLC.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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