Integrated Pest Management Pheromones Market Size, Share, Growth, Trends, Company Analysis, Regional Insights and Forecast 2020 - 2027

Published Date : Nov 2020 | No. of Pages : 250 Pages | Category : Chemical and Material

The global Integrated Pest Management Pheromones market size is expected to be worth around US$ 1.31 billion by 2027, according to a new report by Vision Research Reports.

The global Integrated Pest Management Pheromones market size was valued at US$ 743.1 million in 2019 and is anticipated to grow at a CAGR of 7.3% during forecast period 2020 to 2027.

Growth Factors

Growing awareness regarding food security and concerns over the ill effects of synthetic  are expected to drive the market. Integrated pest management (IPM) pheromones are considered clean and eco-friendly as compared to pesticides.

IPM pheromones belong to the category of products that are used to trap, catch, or kill pesticides, mainly during agricultural activities. They are insect secretions used to communicate and trap other pests. 

Globally, North America is the largest regional market in terms of consumption of IPM pheromones on account of significant demand from U.S. Sex pheromones emerged as the leading integrated pest management pheromone in the U.S. and accounted for a share of 67.2% in 2019.

The U.S. government is taking initiatives to improve the agriculture sector of the country, which is anticipated to boost the demand for IPM pheromones. The Federal IPM Coordinating Committee was established in 2001 by the United States Department of Agriculture (USDA) that provides interagency guidance on integrated pest management policies, programs, and budgets. The USDA is also taking up an initiative to implement pest management on farms, homes, landscapes, and other structures. 

Incorporation of integrated pest management technology in crop protection offers a variety of benefits to the farmers, environment, and pest management organizations. The application of integrated pest management techniques reduces the farmer’s economic risk while promoting low-cost pest management practices. 

Penetration of IPM pheromones in developing agro-economies, such as India, China, Brazil, and Thailand, is less as compared to other pesticides. It is one of the major factors restraining market growth. 

A significant obstacle in the large-scale implementation of IPM pheromones is its restricted use as an insecticide for specific targets. In the crop protection scenario, insecticide application is known to affect non-targeted species to a large extent. 

Report Highlights

Major IPM pheromones are sex, aggregation, and alarm pheromones. Sex pheromones accounted for a share of 66.6% in 2019 owing to their wide usage to control insect population in the field. These pest management pheromones are considered highly effective for pest management as they curb mating disruption and larvae multiplication on crops and trees.

Sex pheromones are primarily extracted from female insects to attract males for mating as they deposit larvae eggs on crops, which then feed on crops, thereby negatively impacting yield.

Alarm pheromones exhibit low penetration and are anticipated to register a moderate CAGR of 5.4% from 2020 to 2027. These pest management pheromones are emitted by insects in response to approaching predators or rapid changes in the immediate environment. 

The application modes of pheromones include monitoring & detection, mass trapping, mating disruption, and others such as push-pull strategy and biological control. Mating disruption was the prominent application segment in 2019 with a share of 41.17%. In this integrated pest management technology, male insects are confused by producing artificial dispensers, which delays their mating and reproduction of pests.

Sex pheromones are largely used in mating disruption activities due to their ability to disrupt the behavior of male insects affecting the development of moths. However, one of the major disadvantages of mating disruption is that it is a targeted pest management technique and can only be used for certain species of moths.

The agricultural sector is the major application area of IPM pheromones and is anticipated to expand at a CAGR of 7.8% from 2020 to 227. Growing trend of sustainable farming, along with stringent regulations on the usage of pesticides across the globe, is anticipated to drive the demand for IPM pheromones in this sector.

Inadequate knowledge among the farmers about the appropriate use of IPM pheromones is affecting the product demand. However, outreach programs undertaken by the local governments are increasing the awareness regarding the benefits of IPM pheromones among the farmers of developing countries, such as China, India, and Indonesia. 

Some of the other applications of IPM pheromones are turf development, landscape gardening, and horticulture. The penetration of these pest management pheromones is low in these applications owing to the availability of low-cost substitutes.

North America was the largest regional market for integrated pest management (IPM) pheromones, accounting for a 40.59% share of the overall revenue in 2019. Demand for IPM pheromones appears to be gaining ground in the agriculture sector of the region as farming has become mechanized and heavily dependent upon an integrated system for supporting agribusinesses.

Farmers in North America have started adopting improved technologies, such as IPM, chemical and , and grain elevators. Growing need for effective pest management techniques to develop specialized crops has compelled many farmers to adopt integrated pest management programs for crop protection.

Europe is the second largest market and is anticipated to exhibit a CAGR of 6.7% from 2020 to 2027 due to rising demand in countries, such as Spain, Italy, and the UK. 

Key Players

Syngenta Bioline, Russell IPM, Sumi Agro France, Hercon Environmental, Active IPM, AgBiTech, Agrichembio, Agrochem, ATGC Biotech, Atlas Agro, SemiosBIO, Shin-Etsu Chemicals, and Suterra LLC

Market Segmentation

  • Product Outlook 

    • Sex Pheromones

    • Aggregation Pheromones

    • Alarm Pheromones

    • Others

  • Mode of Application Outlook 

    • Monitoring & Detection

    • Mating Disruption

    • Mass Trapping

    • Others

  • Application Outlook 

    • Agriculture

    • Others

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • France

      • Italy

      • U.K.

      • Spain

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Indonesia

    • Central & South America

      • Brazil

      • Argentina

    • Middle East & Africa

      • Egypt

The Integrated Pest Management Pheromones market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Integrated Pest Management Pheromones market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Integrated Pest Management Pheromones market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Integrated Pest Management Pheromones market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Integrated Pest Management Pheromones market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Integrated Pest Management Pheromones capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Integrated Pest Management Pheromones by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Integrated Pest Management Pheromones market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Integrated Pest Management Pheromones market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Integrated Pest Management Pheromones market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Integrated Pest Management Pheromones industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Integrated Pest Management Pheromones market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Integrated Pest Management Pheromones market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Integrated Pest Management Pheromones market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Integrated Pest Management Pheromones market. These factors have benefited the growth of the global market for Integrated Pest Management Pheromones. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Integrated Pest Management Pheromones. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Integrated Pest Management Pheromones are as follows:

  • History Year: 2016-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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