Market revenue in 2023 | USD 200.3 million |
Market revenue in 2030 | USD 370.2 million |
Growth rate | 9.2% (CAGR from 2023 to 2030) |
Largest segment | Sex pheromones |
Fastest growing segment | Aggregation Pheromones |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Sex Pheromones, Aggregation Pheromones, Alarm Pheromones |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to integrated pest management pheromones market will help companies and investors design strategic landscapes.
Sex pheromones was the largest segment with a revenue share of 68.3% in 2023. Horizon Databook has segmented the Asia Pacific integrated pest management pheromones market based on sex pheromones, aggregation pheromones, alarm pheromones covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific IPM pheromones market was valued at USD 81.5 million in 2016. Increasing population in the region has resulted in increased food demand as a result increasing agriculture activity in the region this is expected to increase the IPM adoption rate, positively impacting pheromones market growth.
Accelerated economic growth in Asia, there is a growing middle class that has more income to spend on food. Increased calorie consumption, coupled with population growth and a scarcity of agricultural land and water in these growth markets, is creating huge demand for agricultural products.
Increasing adoption of novel technologies in agriculture to increase yield and improve quality is expected to augment pheromones demand in the region over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific integrated pest management pheromones market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific integrated pest management pheromones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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