North America to dominate the Integrated Pest Management Market through 2026
Rising demand to maximize
the agricultural yield and strict regulations by the leading authorities is expected
to drive the demand for global integrated pest management market in the forecast
period.
According to TechSci Research report, “Global Integrated
Pest Management Market By Pest Type (Weeds, Invertebrates, Pathogens,
Vertebrates) By Control Method (Biological Control, Chemical Control, Cultural
Controls, Mechanical & Physical Controls, Others) By Application
(Agricultural, Residential, Commercial, Industrial) By Region, Company Forecast
& Opportunities, 2026”, the global integrated pest management market is
expected to witness significant growth in the forecast period. Integrated pest
management, which is also known as integrated pest control is a process used
for minimizing the pest problems in agricultural yield to prevent them from
damaging the crops, harming animals, or infesting buildings. The integrated
pest management method aims to manage the pest population below the economic
injury level. It helps in maximizing the agricultural yield by efficiently managing
the external factors negatively impacting the growth of the market. Integrated
pest management methods can be sued to solve the insect problem in rural-urban
or agricultural areas. The integrated pest management method is based on the
information about insects and sites and is made on the basis of their
population density, location or area, type, and the prevention goals for
insects. The growing awareness among consumers about the losses suffered by the
commercial and industrial sector due to the presence of pests is expected to
fuel the market demand in the next five years.
However, a lack of information about the integrated
pest management market may restrain the market growth in the forecast period.
Browse XX Figures spread through XX Pages and an
in-depth TOC on "Global Integrated Pest Management Market”
Global
integrated pest management market is segmented into pest type, control method,
application, regional distribution, and company. Based on the application, the
market can be divided into agricultural, residential, commercial, and
industrial. The agriculture segment is expected to account for major market
share in the forecast period, 2022-2026 owing to the high-end investments by
the market players for the development of different approaches to increase the
agricultural yield. Based on the pest
type, the market can be divided into weeds, invertebrates, pathogens, and
vertebrates. The invertebrate segment is expected to witness growth in the
forecast period. The foremost step of the integrated pest management method is
the identification of the pest and the analysis of the situation based on the
different factors. The factors aiding the growth of the pests can be soil
moisture, temperature, cultural practice performed on the field. Based on the
control method, the market can be divided into biological control, chemical
control, cultural controls, mechanical & physical controls, and others. The
chemical control method is expected to account for major market share in the
forecast period. The rise in awareness about the adverse effects of pesticides
and the stringent regulation regarding their usage is expected to boost market
growth. The biological control method segment is expected to witness the
fastest incremental growth in the next five years. This method uses the natural
enemies of the pests and releases the natural enemies into the field to provide
protection to the agricultural field from getting affected by the pests.
Bayer
CropScience LLC, BASF SE, Advanced Integrated Pest Management, Integrated Pest
Management, Inc., SGS SA, Ecolab Inc, IPM Technologies Pty Ltd, Integrated Pest
Management Solution (IPMS India) are the leading players operating in global integrated
pest management market. Organic farming providers are increasingly focusing on research
and development process to fuel higher growth in the market. To meet evolving
customer demand with respect to better efficiency and durability, several integrated
pest management providers are coming up with their technologically advanced
offerings.
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“The
growing food requirements around the globe and the rise in the adoption of
advanced methods to influence the agricultural yield by minimizing the
agricultural losses are expected to fuel the market growth. The high demand to
achieve sustainable agricultural practices along with effective and quality
food production and to devise the way ensuring conservation of non-renewable
resources are expected to create lucrative opportunities for market growth.
Therefore, the surging demand for environment-friendly and sustainable alternatives
and the development of creative pest control technologies is expected to propel
market growth till 2026” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global Integrated Pest
Management Market By Pest Type (Weeds, Invertebrates, Pathogens, Vertebrates)
By Control Method (Biological Control, Chemical Control, Cultural Controls,
Mechanical & Physical Controls, Others) By Application (Agricultural,
Residential, Commercial, Industrial) By Region, Company Forecast &
Opportunities, 2026” has evaluated the future growth potential of global integrated
pest management market and provided statistics & information on market
size, shares, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the of global integrated
pest management market.
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