The globally integrated pest management (IPM) market is anticipated to cross USD 151.0 billion by 2025. Integrated pest management is an approach toward preventing any harm done by pests on the farm. The integrated pest management industry is driven by factors such as the rise in the adoption of modern pest management approaches and the rising concern for hazardous effects on the environment and regulatory affairs.
Extensive farming and agricultural practices to produce more than three to four crops a year are gaining wide traction, which, in turn, triggers the use of pest management to protect the crops from unwanted weeds and insects. The integrated pest management market is expected to gain a strong foothold during the forecast period owing to the rise in the use of pesticides in the commercial and residential sectors.
The integrated pest management (IPM) industry is segmented into weeds, pathogens, invertebrates, pathogens, and vertebrates. By control, the integrated pest management (IPM) market is segmented into cultural, physical, chemical, and biological. The biological segment is expected to account for a significant market share in the forecast period due to changes in the environment.
Application segment for integrated pest management (IPM) industry includes agriculture, commercial and residential.“Agriculture” segment is expected to account for a higher CAGR in the forthcoming period due to the rise in the development of various pest control products for different crop types. The commercial sector is likely to gain significant growth in the forthcoming period due to differences in usage and approach for different crops.
Geographical segmentation for integrated pest management market includes North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa. Asia-Pacific’s market is expected to gain positive traction in the forthcoming period due to an increase in agricultural activities. North American and European markets are expected to gain upward traction in the forthcoming period due to stringent regulations by the government. The Middle East and African countries have registered a remarkable CAGR in the past years and expect to continue witnessing a higher growth curve due to extensive farming in African regions and the prevalence of insects and pests.
The key players in the integrated pest management industry include BASF SE, Advanced Integrated Pest Management (IPM) market include BASF SE, SGS SA, MB Integrated Pest Control, Ecolab Inc, IPM Technologies Pty Ltd., and Bayer Crop Science LP.
Pest Type Outlook (Revenue, USD Million, 2014 - 2025)
Control Method Outlook (Revenue, USD Million, 2014 - 2025)
• Biological Control
• Chemical Control
• Cultural Controls
• Mechanical & Physical Controls
• Other Control Method
Application Outlook (Revenue, USD Million, 2014 - 2025)
• Commercial buildings
Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• the U.S.
• the UK
• the Asia Pacific
• Central & South America
• Middle East & Africa
Research Support Specialist, USA
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