U.S. Integrated Pest Management Pheromones Market Size & Outlook
U.S. integrated pest management pheromones market, 2018-2030 (US$M)
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U.S. integrated pest management pheromones market highlights
- The U.S. integrated pest management pheromones market generated a revenue of USD 294.5 million in 2023 and is expected to reach USD 558.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 9.6% 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 294.5 million |
| Market revenue in 2030 | USD 558.7 million |
| Growth rate | 9.6% (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, U.S. accounted for 30.1% 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 North America, U.S. integrated pest management pheromones market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 558.7 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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U.S. 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 65.98% in 2023. Horizon Databook has segmented the U.S. 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.
U.S. is a major exporter of agricultural products and hence the farmers are under constant pressure to maintain quality. The U.S. Department of Agriculture has taken responsibility for promoting IPM adoption.
The Pesticide Environmental Stewardship Program is an EPA initiative along with pesticide users to promote IPM practices. U.S. EPA, FDA and USDA had pledged to have 75% of the agricultural acreage under IPM and to reduce the use of pesticides.
Owing to favorable government initiatives coupled with awareness regarding IPM benefits, there is an increased demand for pheromones in the U.S. The Sex pheromones market in the U.S. was valued at USD 164.3 million in 2016 and is expected to reach USD 467.5 million by 2025.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. integrated pest management pheromones market , including forecasts for subscribers. This country databook contains high-level insights into U.S. integrated pest management pheromones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. integrated pest management pheromones market size, by product, 2018-2030 (US$M)
U.S. Integrated Pest Management Pheromones Market Outlook Share, 2023 & 2030 (US$M)
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