Market Size of IPM Pheromones Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.02 Billion |
Market Size (2029) | USD 1.67 Billion |
CAGR (2024 - 2029) | 10.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
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Integrated Pest Management (IPM) Pheromones Market Analysis
The IPM Pheromones Market size is estimated at USD 1.02 billion in 2024, and is expected to reach USD 1.67 billion by 2029, growing at a CAGR of 10.5% during the forecast period (2024-2029).
Integrated pest management (IPM) is a science-based, sustainable decision-making approach that combines biological, chemical, physical, cultural tools and strategy to reduce the effect of pest in fields, thus minimizing overall economic, environmental and health risks associated with it.Pesticides'side effects have a serious effect on consumers and the environment. The flora and fauna are affected highly in long run. Growing awareness among consumers regarding the side effects of pesticides going to drive the IPM pheromone market. Now, a Large number of active players and distributors are involved in the production of wide range integrated pest management (IPM) pheromone market during the forecast period.