Integrated Pest Management Pheromones Market Size, Share & Trends Analysis Report By Product (Sex Pheromones, Aggregation Pheromones, Alarm Pheromones), By Mode Of Application, By Application, By Region, And Segment Forecasts, 2023 - 2030

Research Methodology

A three-pronged approach was followed for deducing the integrated pest management pheromones market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for integrated pest management pheromones market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of integrated pest management pheromones market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Integrated Pest Management Pheromones Market Categorization:

The integrated pest management pheromones market was categorized into four segments, namely product (Sex Pheromones, Aggregation Pheromones, Alarm Pheromones), mode of application (Monitoring & Detection, Mating Disruption, Mass Trapping), application (Agriculture), and region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa).

Segment Market Methodology:

The integrated pest management pheromones market was segmented into product, mode of application, application, and region. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The integrated pest management pheromones market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into sixteen countries, namely, the U.S.; Canada; Mexico; Germany; the UK; France; Italy; Spain; China; India; Japan; South Korea; Indonesia; Brazil; Argentina; Egypt.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Integrated pest management pheromones market companies & financials:

The integrated pest management pheromones market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Active IPM - Active IPM deals with the development, production, and marketing of biocontrol systems, natural pollinators, and integrated pest management products. The company’s products are aimed at protecting & promoting agricultural and horticultural cultivation. Further, the company is engaged in promoting renowned brands within particular product lines apart from its product portfolio. Active IPM is a unit of Harmony Ecotech Pvt. Ltd. and is situated in Hyderabad, India. Its product portfolio includes pheromones, lures, and traps. The company provides extensive IPM solutions to tackle tomato leafminer (Tuta absoluta), which includes active pheromones, lures, and traps.

• AgBiTech - AgBiTech, which is headquartered in Richmond, Australia, provides sustainable solutions to increase agricultural profitability and yield. The company was founded in 2001 by the Bidstrup family in association with agricultural scientists Patrick Buerger and Anthony Hawes. It was established with the primary aim of developing Helicoverpa nuclear polyhedrosis virus for improving agricultural yield. The manufacturing operations are conducted in Toowoomba, Australia. The company conducts extensive R&D at its facility in partnership with various organizations including the United States Department of Agriculture, Queensland University of Technology, University of New England, Australian Grains Research & Development Corporation, and Australian Research Council.

• AgrichemBio - AgrichemBio was founded in 1976 and deals in biopesticides; biostimulants; and specialty fertilizer testing, development, registration, and commercialization. The company, which is headquartered in Madrid, Spain, was previously known as Agrichem S.A. It serves local markets along with Portugal through a network of over 150 suppliers. Key product offerings include biopesticides, nutritional products, and products for healthy crops & healthy food. The company’s warehouses are strategically located to ensure timely delivery in addition to maintaining the viability of the product. It offers four product categories, namely products for pest control, products for disease control, synergists & specialties, and nutritional products.

• AgriSense-BCS Ltd. - AgriSense-BCS Ltd. is a biochemical pest control devices manufacturer located in the UK. The company’s product offerings include attractants, controlled release technology for chemicals & other volatile compounds, chemicals, insect glue technology, repellents, and trap design products. Suterra offers a wide range of commercial and pheromone-based pest monitoring and control products for industrial and residential applications.

• Laboratorio Agrochem, S.L. - Laboratorio Agrochem, S.L. was established in 1987 and is based in Barcelona, Spain. The company deals in chemical products manufacturing of agrochemical, pharmaceutical, and veterinary applications. The product portfolio comprises pests and disease control products including rodenticides, fungicides, insecticides, molluscicides, pheromones, massive trapping, disinfection, and veterinary. The products cater to various sectors such as food and home products. Agriculture, public health, and animal care are the key applications served by the company. The company has established R&D laboratories for developing synthesis methods and new formulations. It also helps customers with approvals & registrations, technical support, and offers contract manufacturing & packaging. The company has a worldwide presence through several distributors in regions including Europe, Central and South America, and Asia Pacific.

• ATGC Biotech - ATGC Biotech is engaged in the synthesis of pheromone chemicals and is headquartered in Hyderabad, India. The company delivers sustainable solutions such as insect pheromones, integrated pest management, bulk semiochemical synthesis, pheromone intermediates, and specialty chemicals for agriculture. The company was formed as a result of coming together of a group of scientists with expertise in diverse fields to develop solutions for crop protection. It has collaborations with leading IPM service providers from the U.S., UK, and Europe. The company has research facilities and production facilities located in Hyderabad, Andhra Pradesh, and Nanded, Maharashtra, in India. Key activities of the company include semiochemical R&D, pheromone manufacturing, pheromone intermediates, aliphatic chemistry expertise, and biotransformation.

• Atlas Agro - Atlas Agro is a biocontrol and pest management company headquartered in Altendorf, Switzerland. The company is engaged in extensive R&D for integrated crop management and biological protection solutions. It was formed as a result of the spin-off of the Swiss Federal Institute of Technology, Zurich. The company focuses on the development of safe and sustainable novel methods for crop protection, storage, forestry, public hygiene, and apiculture. It operates business in Maghreb countries and the Middle East, Asia, and Europe. The product offerings include bioinsecticides, biofungicides, pheromone traps, growth regulators, and farm management systems.

• Hercon Environmental Corporation - Hercon Environmental Corporation was founded in 1974 and is based in Emigsville, Pennsylvania, U.S. It is involved in the research, development, manufacturing, and marketing of pest monitoring and control solutions based on insect pheromones technology. The company has introduced several products for insect monitoring and control such as pheromones, attractants, repellants, and insecticides. Its products are used for gypsy moth population control, boll weevil invasion detection, insect infestation prevention & utility equipment, and mosquito elimination from public and residential environments.

• Russell IPM - Russell IPM is headquartered in Deeside, UK, and delivers pest control solutions in the form of pheromones, lures, and biopesticides. It develops products for agriculture, storage, residential, and commercial applications. It comprises a pheromone dispenser formulation laboratory, trap adhesive research unit, pressure-sensitive adhesive coating equipment, pheromones & attractants incorporation technology, and a printing facility. The company has strategic partnerships with DEFRA, KTP, and EU about the development of multi-species attractant and pheromone release control technology. It has marked its presence in Algeria, Bangladesh, Jordan, Morocco, and Spain.

• SemiosBIO Technologies - SemiosBIO Technologies focuses on the development of environment-friendly insect management products, which help in eliminating the use of toxic chemical pesticides. The company is situated in Vancouver and Ontario. The pheromone-based technology owned by the company provides an effective and non-toxic approach to insect management. It offers solutions for agriculture, pest control, and specialty markets. The integrated pest management program offered by the company includes automated pheromones and pest traps such as mating disruption pheromones, automated pest counts, pest pressure notifications, remote scheduling, and pest degree days.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Integrated Pest Management Pheromones Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Integrated Pest Management Pheromones Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.