Global Integrated Pest Management Market Overview
The Integrated Pest Management Market Size was estimated at 24.25 (USD Billion) in 2022. The Integrated Pest Management Industry is expected to grow from 25.36(USD Billion) in 2023 to 37.9 (USD Billion) by 2032. The Integrated Pest Management Market CAGR (growth rate) is expected to be around 4.57% during the forecast period (2024 - 2032).
Key Integrated Pest Management Market Trends Highlighted
Key market drivers for the Global Integrated Pest Management (IPM) Market include rising environmental concerns, stringent government regulations, and the growing demand for sustainable agricultural practices. The increasing adoption of IPM techniques in various industries, such as agriculture, forestry, and public health, presents opportunities for market growth.Recent trends in the IPM market include the integration of technology, such as precision agriculture and remote sensing, to enhance pest detection and monitoring. The development of biological control agents and biopesticides is gaining traction as consumers seek safer and environmentally friendly pest control solutions. Furthermore, the growing awareness of vector-borne diseases and the need for effective mosquito and insect control are expected to drive market expansion.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Integrated Pest Management Market Drivers
Increasing Demand for Sustainable Pest Management Practices
The demand for more sustainable and environmentally friendly methods of controlling pests can be attributed to the increasing realization of the negative effects of conventional ones, especially the use of synthetic pesticides. Integrated pest management is a comprehensive approach to the issues of pest control, which puts a strong emphasis on prevention, monitoring, and the use of non-chemical means to avoid the usage of harmful pesticides, which makes this method only more popular due to the customers’ rising proclivity toward organic and green products.It may be seen that this approach has become increasingly popular in various fields that require pest control, ranging from the agriculture domain to the areas of food processing and hospitality.
Advancements in Technology and Data Analytics
There is no doubt that the development and implementing of new technologies are guiding the Integrated Pest Management Market Industry in the new word. Inclusion of sensors, remote monitoring systems and data analytics in IPM’s help to detect pests in real time, make accurate forecasts, and create a targeted program for fighting them. The author goes on to say that the data pretends to reveal some features of pests, as well as the places of their habitation and reproduction.Consequently, the information obtained helps to avoid the use of insecticides which could be replaced with some other efficient means on the basis of the received data. The use of artificial intelligence and machine learning algorithms increases the precision of pest identification and prediction.
Regulatory Compliance and Government Initiatives
Currently, all governments in the world have put or are putting strict regulations in place that look to minimize the risks on the environmental and health aspect that comes from the use of pesticides. The regulations, therefore, require the adoption of IPM as a preferred pest management method. An example is the EU Sustainable Use of Pesticides directive, which advocates for the adoption of the IPM process in the production of agricultural products.The US EPA supports IPM, and various programs have been put in place, hence making it one of the best methods that can help eliminate the issues related to the use of pesticides. As a result, the government-set regulations have made it an excellent chance for the Integrated Pest Management Market Industry to grow.
Integrated Pest Management Market Segment Insights
Integrated Pest Management Market Pest Type Insights
The excess of Global Integrated Pest Management revenue in 2018 was 43.8 billion USD. The revenue derived from insects reached 12.3 billion USD and is expected to increase to 18.7 billion USD by 2032 with a CAGR of 4.8%. Insects have the largest market share in the Global Integrated Pest Management, as they are found anywhere, easily adapt to other settings, and spread and transmit diseases. Rodents equally destroy goods ranging from infrastructure to stored products and crops. The revenue from the rodent segment is projected to increase to 6.5 billion USD at a CAGR of 4.3% by 2032.Birds are considered to be pests in areas such as airports, urban areas, and other settings. The revenue from birds is expected to reach 3.7 billion USD at a CAGR of 4.1% by 2032. Weeds affect agriculture as they compete with the crops for space and nutrients, thus reducing eventual yields and quality. The revenue from the segment is expected to reach 9.4 billion USD at a CAGR of 4.6% by 2032. Increased demand for crops from the growing population, urbanization, and rising concern related to the negative implications of synthetic pesticides are among the factors contributing to the growth of Integrated Pest Management.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Integrated Pest Management Market Application Method Insights
In 2023, chemical control methods are expected to dominate the Integrated Pest Management Market revenue and will account for over half of the market share. The surge in the use of chemical pesticides and insecticides in several agricultural practices, primarily in developing countries, has advanced the dominance of the chemical control method. However, biological control that involves using natural enemies of pests to manage such pests’ exacerbation is perceived as a significant contributor to the market revenue concerned with the upsurge in environmental matters associated with chemical pesticides.In addition, physical control will experience the fastest growth due to eco-friendly pest control solutions, including traps, barriers, and exclusion. The cultural control that alters the farming system to make it less constructive for the pests will also make a substantial contribution to the booming of the market.
Integrated Pest Management Market Crop Type Insights
The Crop Type segment is a crucial aspect of the Integrated Pest Management Market segmentation. Cereals and Grains, Fruits and Vegetables, Oilseeds and Legumes, Cotton and Sugarcane are key crop types that drive market growth. In 2023, the Cereals and Grains segment held the largest market share due to the extensive cultivation of these crops worldwide. The Fruits and Vegetables segment is anticipated to witness significant growth in the coming years, driven by rising demand for fresh produce and increasing awareness about sustainable farming practices.Oilseeds and Legumes are projected to contribute substantially to market revenue, owing to their growing use in food, feed, and biofuel applications. Cotton and Sugarcane are expected to maintain a steady market presence, supported by stable demand in the textile and bioenergy industries, respectively.
Integrated Pest Management Market End User Insights
The Integrated Pest Management Market Segmentation by End User includes Agriculture, Food Processing, Residential, and Commercial. The Agriculture segment held the largest share of the market in 2023 and is projected to continue to dominate the market throughout the forecast period. The growth of the Agriculture segment can be attributed to the increasing adoption of Integrated Pest Management (IPM) practices by farmers to reduce crop losses due to pests. The Food Processing segment is also expected to witness significant growth during the forecast period due to the increasing demand for safe and high-quality food products.The Residential segment is expected to grow steadily as consumers become more aware of the importance of pest control in their homes.
Integrated Pest Management Market Technology Insights
Conventional IPM technology held the largest market share of 43.2% in 2022. It utilizes traditional pest management methods such as crop rotation, biological control, and chemical pesticides. Precision IPM, with a market share of 32.1% in 2022, employs advanced technologies like remote sensing, drones, and data analytics to optimize pest management practices. Digital IPM, the fastest-growing segment with a projected CAGR of 6.5% from 2023 to 2032, leverages IoT sensors, cloud-based platforms, and AI algorithms to provide real-time pest monitoring and decision support.The Integrated Pest Management Market revenue is expected to reach USD 29.4 billion by 2024, showcasing a significant growth potential for all technology segments.
Integrated Pest Management Market Regional Insights
The Integrated Pest Management Market size was valued at USD 25.36 billion in 2023 and is projected to reach USD 37.9 billion by 2032, exhibiting a CAGR of 4.57% during the forecast period. The market growth is attributed to the increasing adoption of sustainable agricultural practices, growing demand for organic and residue-free food, and supportive government regulations. North America is expected to hold the largest market share due to the presence of well-established agricultural infrastructure, advanced technologies, and stringent regulatory framework.Europe is another major market driven by the high adoption of IPM techniques in countries like France, Germany, and the United Kingdom. APAC is projected to witness significant growth due to the expanding agricultural sector, rising awareness about food safety, and increasing government initiatives. South America and MEA are expected to experience moderate growth due to the growing adoption of IPM in key crops such as coffee, sugarcane, and cotton.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Integrated Pest Management Market Key Players And Competitive Insights
Looking at the market strategies of major players in the Integrated Pest Management Market, it is possible to assume that they are exposed to the absence of acquisition by other corporations. In addition, it could be analyzed that these organizations are not acquired, and they do not acquire major market players. If one analyzes such strategies as the expansion of geographical presence and product portfolio or product offerings by such major players as FMC Corporation or BASF, one may note that they are heavily focused on the development of new products to meet the needs of their customers. Besides, in the majority of cases, major players are acquired by other companies in the market.It is possible to remember that FMC Corporation launched the Biological Products Ramp-Up at the Prokopyevsk site in Russia. The new facility is launched to produce more liquid biological crop protection and enhance BIP-600 and BIP-500 lines, as stated. BASF also constructed a new and modern production facility for agrochemical products in Kazakhstan. Having launched a new tool, one may note that major players are extensively focused on capitalizing on the demand for such strategies as the Integrated Pest Management Market worldwide.To sum up, it is necessary to stress that there is a significant impact of acquisition, especially when major market players are involved in acquisitions or acquiring other companies. In addition, it is possible to state that acquisition is one of the strategies for growth in the market strategy. However, in most cases, acquisitions take place and even major companies can be exposed to acquisitions. Several examples include such companies as FMC Corporation and BASF.
Key Companies in the Integrated Pest Management Market Include
- Ecolab
- Corteva Agriscience
- Nufarm
- Dow AgroSciences
- ICL Group
- Syngenta Group
- Adama Agricultural Solutions
- FMC Corporation
- Bayer
- BASF
- ChemChina
- UPL
- Sumitomo Chemical
- Rentokil Initial
- Plato Industries
Integrated Pest Management Market Industry Developments
The Integrated Pest Management (IPM) market is projected to reach USD 37.9 billion by 2032, exhibiting a CAGR of 4.57% from 2024 to 2032. Increasing adoption of sustainable farming practices, rising demand for safe and residue-free food, and growing awareness about environmental protection are key factors driving market growth. The IPM market has witnessed significant advancements in recent years, including the development of biopesticides, precision farming technologies, and data-driven decision-making tools. Key players in the market are focusing on strategic partnerships, acquisitions, and product innovations to expand their offerings and cater to evolving customer needs.
Integrated Pest Management Market Segmentation Insights
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Integrated Pest Management Market Pest Type Outlook
- Insects
- Rodents
- Birds
- Weeds
-
Integrated Pest Management Market Application Method Outlook
- Chemical Control
- Biological Control
- Physical Control
- Cultural Control
-
Integrated Pest Management Market Crop Type Outlook
- Cereals and Grains
- Fruits and Vegetables
- Oilseeds and Legumes
- Cotton
- Sugarcane
-
Integrated Pest Management Market End User Outlook
- Agriculture
- Food Processing
- Residential
- Commercial
-
Integrated Pest Management Market Technology Outlook
- Conventional
- Precision
- Digital
-
Integrated Pest Management Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
24.25(USD Billion) |
Market Size 2023 |
25.36(USD Billion) |
Market Size 2032 |
37.9(USD Billion) |
Compound Annual Growth Rate (CAGR) |
4.57% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Ecolab, Corteva Agriscience, Nufarm, Dow AgroSciences, ICL Group, Syngenta Group, Adama Agricultural Solutions, FMC Corporation, Bayer, BASF, ChemChina, UPL, Sumitomo Chemical, Rentokil Initial, Plato Industries |
Segments Covered |
Pest Type, Application Method, Crop Type, End User, Technology, Regional |
Key Market Opportunities |
Digital Pest Monitoring Precision Application Equipment AIPowered Pest Prediction BioBased Pest Control Remote Monitoring and Management |
Key Market Dynamics |
Rising Demand for Sustainable Pest Control Technological Advancements Government Regulations Increase in Food Safety Concerns Growth in EcoFriendly IPM Techniques |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Integrated Pest Management Market is expected to reach a valuation of 25.36 billion USD in 2023.
The Integrated Pest Management Market is projected to grow at a CAGR of 4.57% from 2024 to 2032.
The Asia-Pacific region is expected to hold the largest market share in the Integrated Pest Management Market by 2032, driven by factors such as increasing agricultural production and rising awareness about sustainable pest management practices.
Integrated Pest Management is used in various applications, including agriculture, forestry, and urban environments. In agriculture, it helps to protect crops from pests and diseases, while in forestry, it is used to manage pests that can damage trees. In urban environments, Integrated Pest Management is used to control pests in homes, businesses, and public spaces.
Key competitors in the Integrated Pest Management Market include BASF, Bayer, Syngenta, FMC Corporation, and Corteva Agriscience.
Major factors driving the growth of the Integrated Pest Management Market include increasing demand for sustainable pest management practices, growing awareness about the harmful effects of traditional pest control methods, and technological advancements in pest management techniques.
Challenges faced by the Integrated Pest Management Market include the development of pest resistance to pesticides, regulatory hurdles, and lack of awareness about Integrated Pest Management practices in some regions.
Key trends shaping the future of the Integrated Pest Management Market include the adoption of precision farming techniques, increasing use of biological control agents, and the development of smart pest management systems.
The Integrated Pest Management Market is expected to reach a valuation of 37.9 billion USD by 2032.
The Integrated Pest Management Market is expected to surpass 30 billion USD in valuation by 2029.