Integrated Pest Management Market

Global Integrated Pest Management Market Size (2024 to 2032)

The global integrated pest management market was valued at USD 20.08 billion in 2023 and is anticipated to reach USD 21.32 billion in 2024 from USD 34.51 billion by 2032, growing at a CAGR of 6.2% from 2024 to 2032.

IPM is an effective & systematic approach, used to control & prevent insects through a combination of multiple prevention methods by minimizing the risks to the environment and people. The program does not use a single method but involves integrating various approaches based on the information obtained from the site about the pest and their density. These programs are particular to insects and sites. They are uniquely designed by type, location or area, population density, and prevention goals. Rise in pest population because of the climatic changes is resulting in numerous health problems, these factors are expected to boost the industry for IPM.

REPORT COVERAGE

 REGIONAL ANALYSIS

North America led the market with over 32% of the overall market revenue in 2018. The region is expected to grow at a CAGR of 6.1% in the forecast period. The presence of global players and continuous investment in new product development by these players are the primary factors for regional growth. However, the regional market is at its maturity stage. The strict regulations about the utilization of various control approaches in the region are expected to restrict the use of some control methods.

North America was followed by Europe and accounted for over 24% of the overall market share in 2018. Germany and the UK are the major markets in the region. The demand for IPM is the region is expected to grow at a CAGR of 5.5% over the forecast period. Asia Pacific is expected to have the fastest market growth over the forecast period. The growth in the agricultural, commercial, and residential sectors, coupled with technological advancement, especially in countries such as China, India, and Japan, is projected to drive the regional market over the next eight years.

KEY MARKET PLAYERS

IPM Pest Control, SGS SA, MB Integrated Pest Control, BASF SE, Advanced Integrated Pest Management, Bayer CropScience LP, Ecolab Inc, IPM Technologies Pty Ltd, Integrated Pest Management Solution (IPMS India). Some of the market players dominate the global Integrated pest management market.

DETAILED SEGMENTATION OF THE GLOBAL INTEGRATED PEST MANAGEMENT MARKET INCLUDED IN THIS REPORT

This research report on the global integrated pest management market has been segmented and sub-segmented into the following categories.

By Pest Type

• Weeds
• Invertebrates
• Pathogens
• Vertebrates

By Control Method

• Cultural Controls
• Mechanical & Physical Controls
• Biological Control
• Chemical Control
• Control Method

By Application

• Agriculture
• Commercial buildings
• Industrial, Residential
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa