Know More About “Integrated Pest Management (IPM) Market 2019-2025” Growth Worldwide…..|Grand View Research, Inc.


The global integrated pest 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 incest 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 incests 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 incest 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.
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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).
The IPM market experiences the presence of established players. the industry is highly comparative and fragmented in nature. Some of the key players in the industry include 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). Global companies such as BASF SE and Ecolab Inc. are investing in research and development activities to develop new control approaches and products to increase their product portfolio.
Pest such as cockroaches, dust mites, and rodents which are present in buildings can cause various health problems such as asthma attacks and allergic reactions. The technique used to reduce them from the residential sector uses products which do not affect the human populations living around it. These factors are expected to propel the growth in the residential sector.
The other application areas involve amenity horticulture and natural spaces & places. IPM practice in natural spaces and national parks are related to insect and vertebrate, which includes pigs, rabbits, wild dogs, and foxes. Weeds in these areas are managed by using integrated control approaches that reduce spraying of chemicals.
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Grand View Research has segmented the global integrated pest management market by pest type, control method, application, and region:
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
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.




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