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What are the Predicted Size and Growth Rates for the Global Integrated Pest Management (IPM) Market?
The integrated pest management (IPM) market size has shown immense growth in recent years. It is projected to grow from $133.61 billion in 2024 to $144.07 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.8%. This growth during the historical period can be attributed to environmental concerns, regulatory pressures, consumer demand, and cost savings. The market size is further expected to expand and reach $204.2 billion in 2029 with a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to factors like the impact of climate change, global food security concerns, and collaborative initiatives. Major trends to watch are technology advancements, market expansion, biological control methods, digital agriculture integration, crop-specific IPM solutions, biotechnology innovations, focus on non-chemical alternatives, and certification programs.
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What are the Key Factors Driving the Integrated Pest Management (IPM) Market?
A significant increase in the pest population due to climate change is a major factor propelling the growth of the IPM market. The physiology and metabolism of insects are temperature-regulated; with rising temperatures, the metabolic rate and physiological activity increase, causing insects to consume more for survival. Both chemical and non-chemical methods are employed in integrated pest management to prevent pest populations from reaching economically harmful levels. Hence, it is anticipated that rising temperatures will result in an increase in pest populations, further fueling the growth of the integrated pest management market.
How is the Global Integrated Pest Management (IPM) Market Segmented?
The global integrated pest management (IPM) market is classified into different segments:
1) By Pest Type: Weeds, Invertebrates, Pathogens, Vertebrates
2) By Control Method: Biological Control, Chemical Control, Cultural Controls, Mechanical and Physical Controls, Other Control Methods
3) By Application: Agriculture, Commercial Buildings, Industrial, Residential, Other Applications
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Which Major Players are currently operating in the IPM Market?
The major companies influencing the integrated pest management (IPM) market include BASF SE, Integrated Pest Management Inc., Bayer CropScience Limited, Ecolab Inc., Hercon Environmental Corporation, Suterra LLC, AgBiTech Pty Ltd., Russell IPM Ltd., AgrichemBio, Atlas Agro Products Pvt Ltd, Laboratorio Agrochem SRL, Atgc Biotech Private Limited, Agrisense BCS Ltd., Syngenta Group Co. Ltd., Corteva Agriscience, FMC Corporation, Sumitomo Chemical Co. Ltd., ADAMA India Pvt Ltd., Nufarm Limited, Valent BioSciences LLC, Certis USA LLC, BioWorks Inc., Koppert Biological Systems, ISCA Technologies Inc., BioTEPP Inc., Vestaron Corporation, Andermatt Biocontrol AG, Marrone Bio Innovations Inc., BioSafe Systems LLC, Dow AgroSciences LLC, E. I. du Pont de Nemours and Company.
What are the Emerging Trends in the Integrated Pest Management Market?
Technological advancements and innovative products are shaping the landscape of the integrated pest management market. Many companies are developing professional pest management solutions to target larger customer bases, maximize sales, and increase revenue.
What’s Driving Regional Market Growth in the Integrated Pest Management Market?
North America held the dominant position in the integrated pest management (IPM) market in 2024, while the Asia-Pacific region is expected to exhibit the fastest growth in the forecast period. The IPM market report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Integrated Pest Management (IPM) Market Report 2025 Offer?
Integrated pest management (IPM) refers to an ecosystem-based strategy that focuses on long-term pest management or damage control using various methods, including biological control, habitat manipulation, changing cultural practices, and using resistant crops. It endorses robust structures, thriving plants, and eco-friendly, bio-based pest control measures. The Integrated Pest Management (IPM) Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and potential avenues.
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