Middle East & Africa Integrated Pest Management Pheromones Market Size & Outlook
Middle East & Africa integrated pest management pheromones market, 2018-2030 (US$M)
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MEA integrated pest management pheromones market highlights
- The MEA integrated pest management pheromones market generated a revenue of USD 31.4 million in 2023.
- The market is expected to grow at a CAGR of 4.3% 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, Egypt is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 31.4 million |
| Market revenue in 2030 | USD 42.3 million |
| Growth rate | 4.3% (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, MEA region accounted for 3.2% 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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Middle East & Africa 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 69.11% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
With improving economy, coupled with agricultural development in the region is expected to witness demand on increasing IPM adoption. IPM market is expected to witness demand primarily from African countries. However, with poor economic conditions and lack of technology advancements there is a very less chance of IPM adoption by farmers in this region.
In Middle East countries more than 50% of food consumed is imported. High population rate coupled with water constraints and land resources has increased the dependence on import this is expected to restrain the market in MEA region.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa integrated pest management pheromones market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa integrated pest management pheromones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA integrated pest management pheromones market size, by country, 2018-2030 (US$M)
Middle East & Africa Integrated Pest Management Pheromones Market Outlook Share, 2023 & 2030 (US$M)
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