China Integrated Pest Management Pheromones Market Size & Outlook
China integrated pest management pheromones market, 2018-2030 (US$M)
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China integrated pest management pheromones market highlights
- The China integrated pest management pheromones market generated a revenue of USD 76.5 million in 2023 and is expected to reach USD 161.0 million by 2030.
- The China market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
- In terms of segment, sex pheromones was the largest revenue generating product in 2023.
- Aggregation Pheromones is the most lucrative product segment registering the fastest growth during the forecast period.
Integrated pest management pheromones market data book summary
| Market revenue in 2023 | USD 76.5 million |
| Market revenue in 2030 | USD 161.0 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Sex pheromones |
| Fastest growing segment | Aggregation Pheromones |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sex Pheromones, Aggregation Pheromones, Alarm Pheromones |
Other key industry trends
- In terms of revenue, China accounted for 7.8% of the global integrated pest management pheromones market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China integrated pest management pheromones market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 161.0 million by 2030.
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Integrated Pest Management Pheromones Market Scope
Integrated Pest Management Pheromones Market Companies
| Name | Profile | # Employees | HQ | Website |
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China integrated pest management pheromones market outlook
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 65.23% in 2023. Horizon Databook has segmented the China 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.
China IPM pheromones market was valued at USD 28.6 million in 2016. China is one of the fastest expanding agricultural markets of the world owing to high population and economic growth the demand for IPM pheromones is expected to see a positive growth over the forecast period.
China government initiatives have sought to increase farmer’s income, to improve the comprehensive capacity of agriculture products, to advance the movement of building new rural areas, to develop modern agricultural practices, to enhance the infrastructure in rural areas, to promote stability of agricultural development and to accelerate the development of water resources.
The country’s increasing agricultural productivity is a result of adoption of industry’s best practices, use of high quality seeds, GM seeds, pesticides and fertilizers. This is expected to result in increased IPM adoption thus augmenting pheromones demand over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the China integrated pest management pheromones market , including forecasts for subscribers. This country databook contains high-level insights into China integrated pest management pheromones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China integrated pest management pheromones market size, by product, 2018-2030 (US$M)
China Integrated Pest Management Pheromones Market Outlook Share, 2023 & 2030 (US$M)
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