Spain Integrated Pest Management Pheromones Market Size & Outlook
Spain integrated pest management pheromones market, 2018-2030 (US$M)
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Spain integrated pest management pheromones market highlights
- The Spain integrated pest management pheromones market generated a revenue of USD 61.8 million in 2023 and is expected to reach USD 114.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 9.2% 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 61.8 million |
| Market revenue in 2030 | USD 114.6 million |
| Growth rate | 9.2% (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, Spain accounted for 6.3% 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 Europe, Spain integrated pest management pheromones market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 114.6 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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Spain 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 67.96% in 2023. Horizon Databook has segmented the Spain 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.
Growing consumption rate coupled with increase in productive lands for agriculture in Spain is expected to drive demand for IPM pheromones over the coming years. Spain’s agricultural sector accounted for over 3% of the country’s GDP in 2016.
Agriculture in Spain has seen a great level of mechanization and modernization resulting in higher productivity and efficiency. 24.9 million hectares of Spain are dedicated to agriculture and is around 15% of the total EU agricultural area.
The agricultural sector continues to be of great importance to Spain with around 95% of Spanish agricultural and livestock produce being exported, accounting for 5% of total exports. Above mentioned factors are expected to result in high pheromones demand in Spain over the forecast period.
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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 country-level data and insights on the Spain integrated pest management pheromones market , including forecasts for subscribers. This country databook contains high-level insights into Spain integrated pest management pheromones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain integrated pest management pheromones market size, by product, 2018-2030 (US$M)
Spain Integrated Pest Management Pheromones Market Outlook Share, 2023 & 2030 (US$M)
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