IPM Pheromones Market by Product and Geography - Forecast and Analysis 2021-2025

The IPM pheromones market share is expected to increase by USD 988.35 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.89%.

This IPM pheromones market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers IPM pheromones market segmentation by product (sex pheromone, aggregation pheromone, alarm pheromone, and oviposition deterring pheromone) and geography (North America, Europe, APAC, South America, and MEA). The IPM pheromones market report also offers information on several market vendors, including BASF SE, Bioline AgroSciences Ltd., BioPhero ApS, International Pheromone Systems Ltd., ISCA Inc., Laboratorio Agrochem SL, Russell IPM Ltd., SemiosBio Technologies Inc., Shin-Etsu Chemical Co. Ltd., and Trece Inc. among others.

What will the IPM Pheromones Market Size be During the Forecast Period?

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IPM Pheromones Market: Key Drivers, Trends, and Challenges

The potential role of IPM pheromones in controlling agricultural pests is notably driving the IPM pheromones market growth, although factors such as low adoption of IPM pheromones may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the IPM pheromones industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key IPM Pheromones Market Driver

One of the key factors driving the IPM pheromones market is the potential role of IPM pheromones in controlling an agricultural pests. IPM pheromones are extensively used in the agriculture sector to prevent damage to crops and crop yields by pests. The growing population and increasing demand for food in mainly APAC and Africa are the major factors driving the growth of the agriculture sector. Moreover, consumer awareness about the negative effect of pesticides will also foster the growth of the IPM pheromone market in the agriculture segment. Furthermore, IPM pheromones are extensively used for three major functions, such as monitoring, mating disruptions, and mass trap. In addition, IPM pheromones are also applied in the agriculture field by studying the types of pests present in the area and their density in the region. Furthermore, the most important application of IPM is in monitoring. It helps farmers to gauge the presence or absence of pests in the monitored area. However, the most effective use of IPM pheromones in the agriculture industry is mating disruptions. This is highly used in the agriculture sector to reduce the population density of insects. Therefore, the rising adoption of IPM pheromones is expected to augment due to such functionalities in the next five years.

Key IPM Pheromones Market Trend

Government initiatives to promote IPM in the agriculture sector is another factor supporting IPM pheromones market growth in the forecast period. The IPM approach integrates corrective measures to keep away pests from causing significant crop loss. Therefore, several initiatives have been undertaken by government authorities to use advanced pest control solutions in the agriculture sector. For instance, in December 2019, the CFDA awarded $1.1 million funding in grants to three major IPM projects targeted at agricultural farms. Proactive Management of Avocado Seed and Stem Feeding Weevils; A proactive approach to prepare for the invasion of Tuta absoluta (a tomato leaf-mining pest) into California; and Detection, biology, and control of the exotic Swede midge (Contarinia nasturtii) for California cole crops are the three projects that received the grants for implementing IPM. Such initiatives by government authorities to promote the use of IPM will influence the growth of the market focus during the forecast period.

Key IPM Pheromones Market Challenge

Low adoption of IPM pheromones will be a major challenge for the IPM pheromones market during the forecast period. Even though the IPM technology using semi-chemicals such as pheromones is an ideal method of pest management, the adoption rate is quite low. This can be attributed to the lack of government policies favoring its adoption. In addition, the time needed for the eradication of pests using this technique is also unfavorable for its adoption. Also, IPM pheromone products are difficult to handle and are not suitable for different weather conditions. The IPM pheromone mechanism also involves monitoring and inspection in all stages, which makes the process complicated. The lack of proper training and technical support to farmers, coupled with fewer adoption incentives, poses a severe challenge to the global IPM pheromones market. These factors are also responsible for low adoption rates. therefore, the low adoption of IPM pheromones owing to these factors mentioned above can impede the growth in the global IPM pheromones during the forecast period.

This IPM pheromones market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global integrated pest management (IPM) pheromones as a part of the global fertilizers and agricultural chemicals market within the overall global chemical industry. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the IPM pheromones market during the forecast period.

Who are the Major IPM Pheromones Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• BASF SE
• Bioline AgroSciences Ltd.
• BioPhero ApS
• International Pheromone Systems Ltd.
• ISCA Inc.
• Laboratorio Agrochem SL
• Russell IPM Ltd.
• SemiosBio Technologies Inc.
• Shin-Etsu Chemical Co. Ltd.
• Trece Inc.

 

This statistical study of the IPM pheromones market encompasses successful business strategies deployed by the key vendors. The IPM pheromones market is fragmented and the vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market.

Product Insights and News

• BASF SE - The company offers IPM pheromones that have a novel behavioral activity which is ideal for integrated pest management programs and resistance management programs and reduces insecticide resistance, under the brand name of BASF.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The IPM pheromones market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

IPM Pheromones Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the IPM pheromones market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global fertilizers and agricultural chemicals market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated other innovative approaches being followed by manufacturer providers to ensure a sustainable market presence.

 

Which are the Key Regions for IPM Pheromones Market?

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49% of the market’s growth will originate from North America during the forecast period. The US is the key markets for the IPM pheromones market in North America. Market growth in this region will be faster than the growth of the market in other regions.

The rapid growth in the agriculture sector, along with restrictions on the excessive use of pesticides will facilitate the IPM pheromones market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

Owing to the health impacts of COVID-19, governments attempted to limit the spread through restrictions on activities and interactions and imposed nationwide lockdowns in 2020. However, these restrictions did not impact the primary agricultural sector the way they impacted other industries. It was deemed an essential service, and the operations continued amid the pandemic. However, despite continued shortages, the agri-food sector has since moved back to near normal conditions with prices and production levels similar to those typically observed in years before the pandemic. Hence, the agriculture industry moving to normalcy in the region will drive the Integrated Pest Management (IPM) pheromones during the forecast period.

What are the Revenue-generating Product Segments in the IPM Pheromones Market?

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The IPM pheromones market share growth by the segments. The sex pheromones segment will be significant during the forecast period. Sex pheromones are widely used for effective pest management. They reduce the population count of pests by disrupting the mating of male and female insects. Sex pheromones are highly used to detect the presence and the density of the insects in the monitored area. They help to identify where insects are infesting the crops and the pattern in which they are distributed. ???????

This report provides an accurate prediction of the contribution of all the segments to the growth of the IPM pheromones market size and actionable market insights on the post-COVID-19 impact on each segment.

 

IPM Pheromones Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 6.89%
Market growth 2021-2025	$ 988.35 million
Market structure	Fragmented
YoY growth (%)	6.55
Regional analysis	North America, Europe, APAC, South America, and MEA
Performing market contribution	North America at 49%
Key consumer countries	US, China, Germany, India, and Brazil
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	BASF SE, Bioline AgroSciences Ltd., BioPhero ApS, International Pheromone Systems Ltd., ISCA Inc., Laboratorio Agrochem SL, Russell IPM Ltd., SemiosBio Technologies Inc., Shin-Etsu Chemical Co. Ltd., and Trece Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this IPM Pheromones Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive IPM pheromones market growth during the next five years
• Precise estimation of the IPM pheromones market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the IPM pheromones industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of IPM pheromones market vendors

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