Integrated Pest Management Market size was around USD xxx billion in 2021. It is expected to grow at a CAGR of xx% to reach USD xxx billion by 2026. IPM is an effective & systematic approach, used to control & prevent insects through a combination of multiple prevention methods by minimizing the risks to the environment and people. The program does not use single method but, involves integrating various approaches, based on the information obtained from the site about the pest and their density. These programs are particular to insect and site. They are uniquely designed by type, location or area, population density, and prevention goals. Rise in pest population because of the climatic changes is resulting in numerous health problems, these factors are expected to boost the industry for IPM.
REPORT METRIC |
DETAILS |
Market Size Available |
2020 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
xx% |
Segments Covered |
By Pest Type, Control Method, Application and Region. |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
IPM Pest Control,SGS SA,MB Integrated Pest Control,BASF SE,Advanced Integrated Pest Management,Bayer CropScience LP,Ecolab Inc,IPM Technologies Pty Ltd,Integrated Pest Management Solution (IPMS India) and Others. |
The Integrated Pest Management Market is segmented and sub-segmented into following categories:
Weeds
The Market is Geographically divided into:
North America lead the market with over 32% of the overall market revenue in 2018. The region is expected to grow at a CAGR of 6.1% in the forecast period. The presence of global players and continuous investment in new product development by these players are the primary factors for the regional growth. However, the regional market is at its maturity stage. The strict regulations about the utilization of various control approaches in the region are expected to restrict the use of some control methods.
North America was followed by Europe and accounted for over 24% of the overall market share in 2018. Germany and UK are the majors market in the region. The demand for IPM is the region is expected to grow at a CAGR of 5.5% over the forecast period. Asia Pacific is expected to have the fastest market growth over the forecast period. The growth in the agricultural, commercial, and residential sector coupled with technology advancement, especially in countries such as China, India, and Japan, is projected to drive the regional market over the next eight years.
Key Players:
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