Integrated Pest Management Trends and Forecast
The future of the global integrated pest management market looks promising with opportunities in the agricultural, residential, industrial markets. The global integrated pest management market is expected to reach an estimated $165.2 billion by 2030 with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are rising demand from the agricultural sector and surge in pest population owing to climate change.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Integrated Pest Management by Segment
The study includes a forecast for the global integrated pest management by pest, control method, application, and region.
Integrated Pest Management Market by Pest [Shipment Analysis by Value from 2018 to 2030]:
• Invertebrate
• Vertebrate
• Others
Integrated Pest Management Market by Control Method [Shipment Analysis by Value from 2018 to 2030]:
• Biological
• Chemical
• Pathogen and Weed
Integrated Pest Management Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Agricultural
• Residential
• Industrial
Integrated Pest Management Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Integrated Pest Management Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies integrated pest management companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the integrated pest management companies profiled in this report include-
• FMC
• Hercon Environmental
• AgrichemBio
• BASF
• Bayer Crop Science
• Oxitec
• Sumitomo Chemical
• Rentokil Initial
• ADAMA
• AgBiTech
Integrated Pest Management Market Insights
Lucintel forecasts that invertebrate will remain the larger segment over the forecast period.
Within this market, industrial will remain the largest segment.
North America is expected to witness highest growth over the forecast period.
Features of the Global Integrated Pest Management Market
Market Size Estimates: Integrated pest management market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Integrated pest management market size by pest, control method, application, and region in terms of value ($B).
Regional Analysis: Integrated pest management market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different pest, control methods, applications, and regions for the integrated pest management market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the integrated pest management market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the integrated pest management market size?
Answer: The global integrated pest management market is expected to reach an estimated $165.2 billion by 2030.
Q2. What is the growth forecast for integrated pest management market?
Answer: The global integrated pest management market is expected to grow with a CAGR of 7.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the integrated pest management market?
Answer: The major drivers for this market are rising demand from the agricultural sector and surge in pest population owing to climate change.
Q4. What are the major segments for integrated pest management market?
Answer: The future of the integrated pest management market looks promising with opportunities in the agricultural, residential, industrial markets.
Q5. Who are the key integrated pest management market companies?
Answer: Some of the key integrated pest management companies are as follows:
• FMC
• Hercon Environmental
• AgrichemBio
• BASF
• Bayer Crop Science
• Oxitec
• Sumitomo Chemical
• Rentokil Initial
• ADAMA
• AgBiTech
Q6. Which integrated pest management market segment will be the largest in future?
Answer: Lucintel forecasts that invertebrate will remain the larger segment over the forecast period.
Q7. In integrated pest management market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the integrated pest management market by pest (invertebrate, vertebrate, and others), control method (biological, chemical, and pathogen and weed), application (agricultural, residential, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Integrated Pest Management Market, Integrated Pest Management Market Size, Integrated Pest Management Market Growth, Integrated Pest Management Market Analysis, Integrated Pest Management Market Report, Integrated Pest Management Market Share, Integrated Pest Management Market Trends, Integrated Pest Management Market Forecast, Integrated Pest Management Companies, write Lucintel analyst at email:Â helpdesk@lucintel.com. We will be glad to get back to you soon.