Integrated Pest Management (IPM) Pheromone Market By Product By Application, By Geography — Global Industry Analysis, Growth, Share, Size, Trends, And Forecast 2019–2026

The Global Integrated Pest Management (IPM) Pheromones Market is valued to reach USD 1.5 Billion by 2025, registering a CAGR of 12.6% over forecast period 2020–2026. Increasing adoption of pest management solutions, rise in demand for biodegradable alternatives coupled with surging need to protect crops from plagues are the key factors augmenting the market growth.

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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.

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) Pheromone Market Trends, Drivers and Opportunities:

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.