The global Integratedpest 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 in the farm. Integrated pest management industry is driven by factors such as rise in adoption of modern pest management approach and the rising concern for hazardous effects on environment and regulatory affairs.
Extensive
farming and agricultural practices with an objective to produce more than three
to four crops a year is gaining a 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 use of pesticides in commercial and
residential sector.
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. Biological segment is expected to account for a significant market
share in the forecast period due to change in environment.
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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 rise in development of various
pest control products for different crop type. Commercial sector is likely to
gain a significant growth in the forthcoming period due to difference 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 a positive traction in the forthcoming period due to
increase in agricultural activities. North American and European markets are
expected to gain an upward traction in the forthcoming period due to stringent
regulations by government. Middle East and African countries have registered a
remarkable CAGR in the past years and expects to continue witnessing a higher
growth curve due to extensive farming in African regions and prevalence of
insects and pests.
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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.
Market
Segment:
Pest
Type Outlook (Revenue, USD Million, 2014 - 2025)
• Weeds
• Invertebrates
• Pathogens
• Vertebrates
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)
• Agriculture
• Commercial buildings
• Industrial
• Residential
• Others
Regional
Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Netherland
• Germany
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa
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