Asia-Pacific Integrated Pest Management (IPM) Pheromones Market – Industry Trends and Forecast to 2030

Asia-Pacific Integrated Pest Management (IPM) Pheromones Market, By Type (Sex Pheromones, Aggregation Pheromones, Ovioposition-Dettering Pheromones, Alarm Pheromones, Trail Pheromones and Others), Usage (Pheromone Traps and Pheromone Lures), Pest Type (Moths, Fruit Flies, Beetles and Others), Function (Mating, Disruption, Detection, Monitoring and Mass Trapping), Applications (Residential, Commercial, Agriculture, Horticulture, Forestry, Storage Facilities and Others) – Industry Trends and Forecast to 2030.

Asia-Pacific Integrated Pest Management (IPM) Pheromones Market Analysis and Size

Consumers and the environment are seriously impacted by the adverse effects of pesticides. Growing consumer knowledge of the negative consequences of pesticides. This has led to the rise in popularity of IPM pheromones. Currently, there are many manufacturers in the world and distributors engaged in the wide-ranging integrated pest management (IPM) pheromone industry during the. Given the growing use of pheromones for moth population control, the moths segment is anticipated to have the greatest proportion of the integrated pest management pheromones market.

Data Bridge Market Research analyses that the integrated pest management (IPM) pheromones market, valued at USD 588.46 million in 2022, will reach USD 2,066.35 million by 2030, growing at a CAGR of 17.00% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Asia-Pacific Integrated Pest Management (IPM) Pheromones Market Scope and Segmentation  

Market Definition

Pheromones used in integrated pest management (IPM) are agricultural compounds that are used to attract, capture, and kill pests and insects in order to encourage healthy crop growth. IPM pheromones are seen as safe and greener alternatives to synthetic agrochemicals like insecticides. The four IPM strategies of mechanical control, physical control, cultural control, and biological control all make use of pheromones.

Integrated Pest Management (IPM) Pheromones Market Dynamics

Drivers

• Growing support by the government will bolster the market growth

The government is taking steps to inform and raise awareness among farmers and cultivars about the advantages of pheromones for integrated pest management. Over the forecast term, the market for aggregate and sex pheromones will benefit from the improving economic situations of farmers and cultivars embracing bio-based pesticides, particularly in the Asia Pacific area.   

• Growing demand for sex pheromones is a major driver

Given their widespread use in the field to control insect population, sex pheromones are becoming more and more in demand. As they reduce mating disruption and larval proliferation on crops and trees, these pest management pheromones are regarded as particularly efficient for controlling pests. The sex pheromones are derived from female insects to entice men for mating while they lay larval eggs on crops, which the larvae then feed on, lowering production.

Opportunities

• Bright future of commercial agriculture is a promising opportunity  

Commercial agriculture includes both the raising of animals for food and the grazing of livestock. Commercial farming is the raising of livestock and crops on large farms with the use of machinery, irrigation methods, chemical fertilisers, and other technology. Commercial farming encompasses a wide range of activities, including dairy farming, grain farming, plantation farming, and cattle ranching. Given the rising demand from commercial agriculture for the extensive cultivation of crops, the market for IPM pheromone products is anticipated to grow throughout the forecast period.

Restraints/Challenges

• Penetration issues will derail the market growth rate

IPM pheromone penetration is lower than that of other pesticides in developing agro-economies like India, China, Brazil, and Thailand. It is one of the main things hindering market expansion. The adoption of innovative methods by farmers is hampered by the long-term use of pesticides and their effective outcomes. The restricted use of IPM pheromones as an insecticide for particular targets is a key barrier to their widespread adoption.   

This integrated pest management (IPM) pheromones market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the integrated pest management (IPM) pheromones market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact

The effects of COVID-19 have had a big impact on the sales and distribution of different items across industries. Lockdown and quarantine procedures were put in place to prevent the COVID-19 pandemic; as a result, the production of IPM pheromone was once restricted, having an effect on crop protection activities all over the world. However, China has recovered in the years after the epidemic to rank among the few major producers and exporters of plant protection products to both developed and developing countries. IPM pheromone output has expanded globally, and supply and demand are both largely favourable.

Recent Developments

• In 2021, Koppet took a step towards expanding its Horiver sticky trap. The idea was to expand by introducing four new traps. These traps, namely, Horiver wet, Horiver dry, Horiver disc, and Horiver delta help to trap pests such as leaf miners, asphids, whiteflies, and other harmful insects.
• In 2022, Biobest made an acquisition of acquiring 60% stake of Biopartner. The idea behind the acquisition of was to strengthen Biobest’s presence in Poland.

Asia-Pacific Integrated Pest Management (IPM) Pheromones Market Scope

The integrated pest management (IPM) pheromones market is segmented on the basis of type, usage, pest type, function, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Sex Pheromones
• Aggregation Pheromones
• Ovioposition-Dettering Pheromones
• Alarm Pheromones
• Trail Pheromones
• Others

 Usage    

• Pheromone Traps
• Pheromone Lures

Pest Type

• Moths
• Fruit Flies
• Beetles
• Others

Function

• Mating
• Disruption
• Detection
• Monitoring
• Mass Trapping

Application

• Residential
• Commercial
• Agriculture
• Horticulture
• Forestry
• Storage Facilities
• Others

Integrated Pest Management (IPM) Pheromones Market Regional Analysis/Insights

The integrated pest management (IPM) pheromones market is analyzed and market size insights and trends are provided by country, type, usage, pest type, function, and application as referenced above.

The countries covered in the integrated pest management (IPM) pheromones market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific (APAC).

The market is being driven throughout the forecast period by growing countries such as India and China. The market would rise throughout the projected period as a result of factors such an expanding population and rising food and vegetable demand.   

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Integrated Pest Management (IPM) Pheromones Market Share Analysis

The integrated pest management (IPM) 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 (IPM) pheromones market.

Some of the major players operating in the integrated pest management (IPM) pheromones market are:

• Bioline AgroSciences ltd (U.K.)
• Russell IPM Ltd (U.K.)
• Sumi Agro France (France)
• Hercon Environmental (U.S.)
• AGRICHEM, SA (Spain)
• AgroChem. (U.S.)
• ATGC eStore. (India)
• Atlas Agro AG. (Brazil)
• Semios. (Canada)
• Shin-Etsu Chemical Co., Ltd. (Japan)
• BASF SE (Germany)
• Koppert (Netherlands)
• BIOBEST GROUP NV (Belgium)