Future Demand for Integrated Pest Management (IPM) Market and Prediction by Leading Manufacturers, its Application and Types 2019–2026
By: Abhijeet Pawar
Tags: Pest Management Market, Ipm Market, Market, Pest Management

Future Demand for Integrated Pest Management (IPM) Market and Prediction by Leading Manufacturers, its Application and Types 2019–2026 Abhijeet Pawar Feb 20, 2020·4 min read

The global integrated pest management (IPM) pheromones market size is anticipated to enlarge during the forecast period, 2019–2026. Integrated pheromones is a safe and eco-friendly alternative for hazardous pesticide applications. Increase in production per hectare and rise in demand for biodegradable alternatives is creating lucrative opportunities for the market growth in the years to come.

Integrated Pest Management (IPM) Market

Integrated pest management (IPM) pheromones has a high fundamentality in plant ecology and seeks to offer the plant the essential nutrients for its growth. IPM is a decision making tool highly used in the chemical pest management strategies to avoid any economical damaging pet outbreaks therefore minimizing the risks for human health and environment. For instance, monitoring is an essential step in implementation of an IPM program. As monitoring is an ongoing process for market gardeners as insects and pests start attacking the crop-field if unnoticed. In order to strengthen the monitoring activities, visual observation stands crucial.

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Technically put, pheromones are chemical secretion of insects in environment. Insects release pheromones in order to signal for food or any other alert. It thus acts as a mode of communication among insects that are spread across the field. IPM is therefore an approach to prevent the damage. IPM pheromones are manufactured synthetically imitating the naturally secreted pheromones and creates an unconducive situation for pests to thrive. Mainly four approaches are used i.e. mechanical control, chemical control and physical control. Semiochemicals are normally used in the manufacture of pheromones and depending on the type of pest, beetles etc., particular pheromones are manufactured.

In other terms, sanitation practices help in reducing the source of pest problems and is pivotal in pest and disease management. The selection of a particular pheromone for a specific crop type also depends on the weather and climatic conditions. Since resistance does not fully imply immunity, the chance of developing some disease is still high. For instance, many resistant cultivars are capable of minimizing the use of pesticide. To strengthen the selection, heirloom cultivars have become more popular with no significance for plant breeding. Heirloom is a seed available from various seed companies and can be obtained from other gardeners. It is also essential to beware about contemporary cultivars differing from ancestral cultivars.

Integrated pest management (IPM) pheromones market is driven by rise in demand in the agriculture sector across the globe. Rise in demand for biodegradable products for pest management is helping the market growth by leap and bounds. In addition, modernized hygiene techniques used in cultivation activities are contributing significantly towards market developed for IPM pheromones. On contrary, the lack of awareness and dearth of technical competency is likely to hinder the market growth in the forecast period.

Based on product, the market segmentation comprises aggregation pheromones, alarm pheromones, sex pheromones and oviposition-deterring pheromones. Sex pheromones held a high market share owing to government initiatives in agricultural sector. Rise in research and development is anticipated to drive the growth of segment by leap and bounds.

Based on application, the market segmentation comprises agriculture, horticulture, storage facilities and forestry. Horticulture is likely to gain a rapid growth throughout the forecast period due to shift in trends and modern approach for horticulture is gaining traction. Storage facilities are likely to gain a high share during the forecast period. Based on pest type, integrated pest management (IPM) pheromones market segmentation comprises moths, fruit flies and beetles. Based on type, the market segmentation includes pheromone traps and pheromone lures.

Based on geographical segmentation, the integrated pest management (IPM) pheromones market comprises North America, South America, Europe, Asia Pacific, Middle East and Africa. Europe is anticipated to have a largest market share owing to extensive consumption in the end-use segments. In addition, rise in technical support for manufacturing is creating lucrative opportunities in terms of consumption. Asia Pacific is anticipated to maintain a high competitive edge owing to the rise in demand for pheromones and increase in modern practices for agriculture.

Some of the key players in the integrated pest management (IIPM) pheromones market are Russell IPM, Shin-Etsu Chemicals, Suterra LLC, Pheromone Chemicals, Ponalab, Agrisense BCS Ltd, Indore Biotech Inputs and Research Pvt Ltd. Product launches, mergers and acquisitions, strategic collaborations and mutual agreements are growth strategies adopted by major players in order to strengthen their geographical presence and market position.

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