Latin America Integrated Pest Management Pheromones Market Size & Outlook
Latin America integrated pest management pheromones market, 2018-2030 (US$M)
Related Markets
Latin America integrated pest management pheromones market highlights
- The Latin America integrated pest management pheromones market generated a revenue of USD 88.7 million in 2023.
- The market is expected to grow at a CAGR of 6.5% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 88.7 million |
| Market revenue in 2030 | USD 138.0 million |
| Growth rate | 6.5% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.1% of the global integrated pest management pheromones market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 370.2 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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Latin America 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 67.53% in 2023. Horizon Databook has segmented the Latin America 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.
Central & South America’s agricultural sector has witnessed improved economic conditions owing to investments from various financial institutions this is expected to increase the demand for IPM pheromones.
The agriculture industry in Latin America is primarily driven by innovations in terms of increased productivity and food security. Innovation in agriculture relates to new and improved seed varieties, tissue, vaccines, equipment, and cropping and husbandry techniques.
It also includes the application of quality protocols, organizational restructuring, improved management, and selling to new markets and buyers. As a result governments and development agencies have supplemented private innovation efforts not only by providing funds, but also by establishing research capacity in public research organizations.
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Target buyers of Latin America integrated pest management pheromones market databook
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Our clientele includes a mix of integrated pest management pheromones market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America integrated pest management pheromones market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America integrated pest management pheromones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America integrated pest management pheromones market size, by country, 2018-2030 (US$M)
Latin America Integrated Pest Management Pheromones Market Outlook Share, 2023 & 2030 (US$M)
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