IPM Pheromone Market Overview
The global IPM pheromone market is expected to reach US$ 4,509.46 million in 2030, from its recorded value of US$ 2,415.50 Million in 2022, exhibiting a CAGR of 8.25% during the forecast period.
Growing environmental concerns and the need for sustainable pest control techniques have propelled the market for Integrated Pest Management (IPM) pheromones worldwide. Due to its environmentally friendly qualities, the market is becoming more and more popular in the forestry, urban pest control, and agriculture sectors.
Due to the expansion of the agricultural sector, growing public awareness of environmentally friendly pest management, and government initiatives promoting sustainable farming practices, IPM pheromone usage is increasing in rapidly developing economies such as China and India.
With academic institutions, research facilities, and other business players, major corporations often cooperate, establish joint ventures, and develop strategic alliances. These partnerships promote information exchange, increased market penetration, and access to innovative technologies, which in turn help create and market innovative IPM pheromone products.
By using their existing networks and distribution channels, these businesses aggressively pursue market expansion methods to establish footholds in new geographic areas. Their entry into developing countries and presence in a variety of industries, such as forestry, urban pest control, and agriculture, greatly enhances the size and scope of the industry as a whole.
For instance, in March 2021, Natco Pharma Limited announced that it has entered the Pheromone-Based Mating Disruption Technology market to provide Indian farmers with Integrated Pest Management (IPM) solutions. For the technology, NATCO collaborates with ATGC Biotech Pvt Ltd (ATGC) through its Crop Health Sciences (CHS) division.
IPM Pheromone Market Scope
| Metrics | Details |
| CAGR | 8.25% |
| Size Available for Years | 2021-2030 |
| Forecast Period | 2023-2030 |
| Data Availability | Value (US$) |
| Segments Covered | Product Type, Mode of Application, Crop Type, Function, Application and Region |
| Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
| Fastest Growing Region | Asia Pacific |
| Largest Region | North America |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
To Know More Insights - Download Sample
IPM Pheromone Market Dynamics
Increasing Adoption of Integrated Pest Management (IPM) Practices is Driving the Market Growth of IPM Pheromone
There is a growing awareness of the unfavorable environmental and health effects related to chemical pesticides. According to a journal published by The Pharma Innovation, IPM research over the past 10 years has revealed the changes in farmers' attitudes towards pest management, which resulted in a 20–100% reduction in the use of pesticides in various crops. There is a shift toward extra sustainable and environmentally friendly pest management practices. IPM, which specializes in combining several pest control practices, including pheromones, is gaining popularity as an effective and eco-friendly option. This adoption of IPM practices drives the demand for IPM pheromones.
IPM emphasizes the reduction of chemical pesticide use by integrating multiple pest control techniques. Pheromones play a vital role in this approach by disrupting pest mating patterns and attracting pests to traps, reducing the need for broad-spectrum pesticides. The reduced reliance on chemical pesticides aligns with the growing preference for safer and more sustainable pest control methods, further driving the adoption of IPM pheromones.
Increasing Demand for Sustainable Pest Management is Driving the Market Growth of IPM Pheromone
According to the UN Food and Agriculture Organization (FAO), up to 40% of global agricultural production is lost to pests yearly. Hence, there is a growing demand for pesticides worldwide. But the conventional chemical pesticides have negative environmental impacts and health risks. As a result, customers, are increasingly looking for alternatives that can be extra environmentally pleasant and pose fewer risks to human health. IPM, which makes use of pheromones as a part of an integrated method, gives a sustainable pest control answer that aligns with these concerns.
IPM emphasizes the use of non-chemical and low-chemical pest control methods, that specialize in prevention, tracking, and focused interventions. Pheromones are a key aspect of IPM as they offer an environmentally friendly alternative to traditional pesticides. Pheromones are species-unique, targeting pests at the same time as minimizing damage to useful organisms, non-target species, and the surrounding atmosphere. The growing demand for eco-friendly pest control practices, both in agricultural and non-agricultural settings, propels the increase of IPM pheromones within the marketplace
High Cost of IPM Pheromones Compared to Conventional Pesticides Can Hamper the IPM Pheromone Market
IPM pheromone-primarily based products, which include pheromone lures and traps, frequently involve higher upfront costs in comparison to standard chemical pesticides. Pheromone formulations and delivery systems can be costly to develop, produce, and distribute. This higher initial investment can deter some farmers, growers, and pest control professionals, particularly those with limited financial resources, from adopting IPM practices that include pheromones.
IPM implementation requires ongoing monitoring, training, and management efforts, which can add to the overall operational costs. Pheromone-based traps and lures need regular monitoring and replacement, which can incur additional expenses over time. While IPM can potentially reduce overall pesticide costs in the long run, the immediate operational costs associated with IPM pheromones can be a restraint for some farmers or pest control operators who have limited budgets or prefer low-cost solutions.
IPM Pheromone Market Segment Analysis
The global IPM pheromone market is segmented based on product type, mode of application, crop type, function, application, and region.
Sex Pheromones had the Highest Shares in the IPM Pheromone Market
The market value for the sex pheromones segment is likely to reach US$ 3192.46 million in 2030, from its recorded value of US$ 1712.48 million in 2022, growing with a CAGR of 8.23 % during the forecast period 2023 to 2030.
The FAO estimates in 2022, the annual cost of invading pests is at least $70 billion. Sex pheromones, which are created to mimic the natural sex attractants released by female insects, are very specialized to specific pest species.
They are used to confuse male insects and make it harder for them to find females for reproduction, disrupting the mating habits of pests. Due to their species-precise nature, sex pheromones are mainly powerful in attracting and controlling pest populations.
Sex pheromones are applied in several sectors, together with agriculture, horticulture, forestry, and so forth.
They are effective in competition with a vast type of insect pests which include moths, beetles, and flies. Sex pheromones are widely required for pest management in a variety of industries due to their adaptability and broad range of applications.
Environmentally friendly and sustainable farming methods are becoming more important worldwide. IPM, which includes sex pheromones in its methods, supports this trend by offering a targeted, non-toxic technique for pest management.
The cultivating area is looking for elective techniques to oversee nuisances because of an expansion in guidelines and worries about the natural effect of synthetic pesticides. Sex pheromones give an option in contrast to traditional insect poisons for controlling vermin populaces.
Utilizing sex pheromones to prevent mating is an essential part of integrated pest management. Confounding pests about their mating ways of behaving keeps them from imitating, which brings down the number of pests.
IPM Pheromone Market Geographical Share
North America had the Highest Share in the IPM Pheromone Market
The North American IPM pheromone market is valued at US$ 1,088.82 million in 2022 and is estimated to grow at a CAGR of 7.52% over the forecast period to reach US$ 1,928.37 million by 2030.
North America has utilized favorable climatic conditions along with advanced farming techniques to become a global agricultural powerhouse. The country is a leading producer of corn, soybeans, wheat, cotton, rice and various fruits and vegetables. It also ranks among the major producers of beef, poultry, pork, dairy products, and eggs.
The U.S. agricultural industry is dominant in North America and receives support through government programs, subsidies, and agricultural policies. The measures aim to enhance farm income stability, promote rural development, and ensure food security. Programs include crop insurance, commodity price supports, research funding, and conservation initiatives. For instance, in January 2023, the U.S. department of agriculture (USDA) announced a US$ 7.5 million grant for researching new innovations in agricultural production.
North America has a long tradition of innovation in agricultural sciences and IPM pheromones are no exception. Suterra, a multinational company with U.S.-based research offices has developed a range of integrated crop protection solutions. In December 2023, the company published a case study in which they successfully controlled the infestation of Indian meal moths in food processing facilities utilizing mating disruption pheromones. Furthermore, in June 2023, the company released the CheckMate mating disruption pheromones for vine mealybugs infecting vineyards.
In 2022, North America had the highest revenue share in the IPM Pheromone market. North America, especially the US and Canada, has evolved and technologically advanced agriculture industry. According to the Government of Canada, in 2021, the government invested up to US$297,330 in the Prairie Organic Development Fund (PODF) to enable farmers to adopt best practices in organic farming production. IPM, including the use of pheromones, is substantially observed in North American agriculture to acquire sustainable pest control, making it a significant market for IPM pheromones.
The United States is known for its production of high-price crops, which includes, veggies, nuts, etc. Those crops are often vulnerable to particular pest species, making effective pest control vital for maintaining crop quality. IPM, with the utilization of pheromones, offers targeted and sustainable pest management solutions for these high-value crops. The need for precise pest control in these industries contributes to the demand for IPM pheromones in North America.
IPM Pheromone Market Companies
The major global players include Russell IPM Ltd, BASF SE, AgriSense-BCS Ltd, Laboratorio Agrochem, S.L., ATGC Biotech, Bioline AgroSciences Ltd, Active IPM, Novagrica, Biobest, Suterra
COVID-19 Impact on IPM Pheromone Market
COVID-19 Impact
The pandemic highlighted the significance of food security and the need for resilient agricultural structures. This increased attention on food manufacturing and sustainability could power the adoption of IPM practices, which include the usage of pheromones, as a greater sustainable and environmentally pleasant approach to pest management. The emphasis on secure food supply chains could potentially create opportunities for the IPM pheromone market.
However, the pandemic caused disruptions in global supply chains, including the production and distribution of IPM pheromone products. Lockdown measures, travel restrictions, and temporary closures of manufacturing facilities impacted the availability and timely delivery of pheromone-based products. These disruptions could have led to challenges in meeting the demand for IPM pheromones.
By Product Type
- Sex Pheromones
- Aggregation Pheromones
- Alarm Pheromones
- Trail Pheromones
- Others
By Mode of Application
- Dispensers
- Traps
- Sprayers
- Others
By Crop Type
- Field Crop
- Vegetable Crop
- Others
By Function
- Mating
- Disruption
- Detection
- Monitoring
- Mass Trapping
By Application
- Agriculture
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Middle East and Africa
Key Developments
- In February 2023, Bayer, a Life Science company, announced a collaboration with the French company M2i Group to provide pheromone-based biological crop protection products to fruit and vegetable growers worldwide.
- In May 2022, Syngenta Crop Protection, a provider of agricultural science and technology, launched M2i’s pheromone-based technology, EXPLOYO™ Vit, to support wine growers in France.
- In March 2021, Natco Pharma, a pharmaceutical company, forayed into pheromone-based technology for integrated pest management.
Why Purchase the Report?
- To visualize the global IPM pheromone market segmentation based on product type, mode of application, crop type, function, application, and region understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous IPM pheromone market-level data points all for segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The Global IPM Pheromone Market Report Would Provide Approximately 77 Tables, 81 Figures, And 102 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
