The global integratedpest management market value
is anticipated to reach USD 151.0 billion by 2025, according to a new report by
Grand View Research, Inc. Favorable regulatory scenario banning the usage of
pesticides and growing concerns regarding the diseases caused by insects are
anticipated to favor industry growth.
IPM program is a systematic approach used
for solving insect, weed, & diseases problems and prevent them from
damaging crops, infesting buildings, & harming animals. It is the most
effective and least-risk options for responding to the problem. The approach
can be used to manage all kinds of insect anywhere such as in urban,
wildland, agricultural, and natural areas.
The rising concern over harmful effects of
pesticides on the environment is likely to enhance the popularity of the
product. Some of the major application sectors of the industry include
agriculture, commercial buildings, industrial, residential, and others.
Agricultural is the largest application segment and is expected to follow the
same growth trend over the forecast period, owing to its usage in controlling
and preventing the insect from crops.
Invertebrates have emerged as the largest
segment in 2016 followed by weeds, pathogens, and vertebrates. Change in
climate conditions and rising temperature is anticipated to be the major factor
for the growth of invertebrate. Invertebrates are generally the
household insect including ants, cockroaches, flies, and caterpillars.
They can harm the household farming thus leading to infect human health and
environment. The IPM program and training may help in mitigating the risk of
invertebrate control with reducing the utilization of chemicals and increasing
efficiency.
Browse full report by Grand View
Research : http://www.grandviewresearch.com/industry-analysis/integrated-pest-management-ipm-market
Further key findings from the report suggest:
·
The global demand for integrated pest
management market was valued at USD 91.8 billion in 2016. The market is
anticipated to grow to USD 151 billion by 2025, growing at a CAGR of 5.8% from
2017 to 2025.
·
Chemical control approach dominated the
market in 2016 followed by mechanical & physical, biological, cultural, and
others method.
·
Agricultural is largest application segment
and is projected to follow the same growth trend over the forecast period.
·
The North America and Europe region was the
largest regional market with a combined share of over 56%.
·
Asia Pacific region is anticipated to have
the fastest growth. the region is projected to grow at a CAGR of 6.4% from 2017
to 2025.
·
The industry is dominated by a few
multinational corporations such as BASF SE, Advanced Integrated Pest
Management, IPM Pest Control, SGS SA, MB Integrated Pest Control, Bayer
CropScience LP, Ecolab Inc., IPM Technologies Pty Ltd, and Integrated Pest
Management Solution (IPMS India).
Browse more reports of this category by Grand View
Research: https://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers
Grand View Research has segmented the
global integrated pest management market by pest type, control method,
application, and region:
Integrated Pest Management Pest Type Outlook (Revenue,
USD Million, 2014 - 2025)
·
Weeds
·
Invertebrates
·
Pathogens
·
Vertebrates
Integrated Pest Management Control Method Outlook
(Revenue, USD Million, 2014 - 2025)
·
Biological Control
·
Chemical Control
·
Cultural Controls
·
Mechanical & Physical Controls
·
Other Control Method
Integrated Pest Management Application Outlook (Revenue,
USD Million, 2014 - 2025)
·
Agriculture
·
Commercial buildings
·
Industrial
·
Residential
·
Others
Integrated Pest Management Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o UK
o Netherland
o Germany
·
Asia Pacific
o China
o India
·
Central & South America
o Brazil
·
Middle East & Africa
View press
release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-integrated-pest-management-ipm-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and fact-based
research across a range of industries, from technology to chemicals, materials
and healthcare.
