Integrated Pest Management (IPM) Pheromones Market Revenue, Share, Growth Strategies, Emerging Trends, CAGR Status, Business Challenges and Forecast 2023-2033: SPER Market Research
A pheromone is a chemical that members of the same species secrete or release that trigger social responses in them. Pheromones are commonly utilised in traps used to monitor pest populations because they are effective at communicating the presence of pests or the arrival of migratory populations. Female insects generate powerful chemical attractants known as sex pheromones to lure males in for mating. Pheromones from many species are synthesised and used in insect pest management programmes. While some pheromones are unique to a single species of insect, others are shared by several closely related species. They can be used to monitor the arrival of pest populations, disrupt mating habits, and use mass-trapping as a control measure.
According to SPER market research, ‘Integrated Pest Management (IPM) Pheromones Market Size- By Type, By Usage, By Pest Type, By Function, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Integrated Pest Management (IPM) Pheromones Market is predicted to reach USD 2738.35 million by 2033 with a CAGR of 10.22%.
The expansion and growth of the agricultural industry are directly linked to the increase in supply, demand, and manufacturing of agricultural technology and tools that facilitate the growth of healthier, pest- and insect-free crops. Increasing availability of agricultural chemicals such as IPM pheromones is therefore a major driver of industry growth. Farmers, the environment, and pest management organisations can all gain from the use of integrated pest management technologies in crop protection. Integrated pest management systems reduce financial risk for farmers and encourage low-cost pest treatment methods. By promoting the application of best management practices, it lessens the risk to the health of field workers. Due of a decline in crop and land destruction, it is anticipated that the need for IPM pheromones would increase during the projection period.
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One of the main obstacles to the establishment of the global market for IPM pheromone products in developing nations is farmers’ ignorance and lack of expertise with these products. Farmers’ adoption of integrated pest management (IPM) is hampered by inadequate training programmes and IPM tools. Certain farmers rely only on chemical approaches for managing pests. Despite the fact that IPM pheromones offer numerous benefits, a lot of growers and pest management specialists are still unaware of their effectiveness. Compared to conventional pest control methods, pheromone-based integrated pest management (IPM) systems may require a larger initial investment.
Impact of COVID-19 on Global Integrated Pest Management (IPM) Pheromones Market
The global market for integrated pest management (IPM) pheromones has been impacted by the COVID-19 epidemic in both positive and negative ways. On the one hand, the epidemic has increased public awareness of the importance of sustainable agriculture and environmentally friendly pest control. On the other hand, disruptions in the supply chain have affected the availability of pheromone products.
Integrated Pest Management (IPM) Pheromones Market Key Players:
Geographically, Europe is a major market for IPM pheromones, with France and Germany setting the standard. Eco-friendly pest management methods have become more popular as a result of the strict pesticide use limits imposed by the European Union. Additionally, some of the key market players are ATGC eStore., Atlas Agro AG., Bioline AgroSciences ltd, Harmony Ecotech Pvt. Ltd., Hercon Environmental and others.
Integrated Pest Management Pheromones Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Type: Based on the Type, Global Integrated Pest Management (IPM) Pheromones Market is segmented as; Aggregation Pheromones, Alarm Pheromones, Oviposition-Deterring Pheromones, Sex Pheromones, Trail Pheromones
By Usage: Based on the Usage, Global Integrated Pest Management (IPM) Pheromones Market is segmented as; Pheromone Lures, Pheromone Traps
By Pest Type: Based on the Pest Type, Global Integrated Pest Management (IPM) Pheromones Market is segmented as; Beetles, Fruit Flies, Moths
By Function: Based on the Function, Global Integrated Pest Management (IPM) Pheromones Market is segmented as; Detection, Disruption, Mass Trapping, Mating, Monitoring
By Application: Based on the Application, Global Integrated Pest Management (IPM) Pheromones Market is segmented as; Agriculture, Commercial, Forestry, Horticulture, Residential, Storage Facilities
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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Integrated Pest Management (IPM) Pheromones Market Outlook
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