Insect Growth Regulator Global Market Report 2024

Description

“Insect Growth Regulator Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on insect growth regulator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for insect growth regulator? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The insect growth regulator market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Chitin Synthesis Inhibitors; Juvenile Hormone Analogs And Mimics; Anti-Juvenile Hormone Agents
2) By Foam: Bait; Liquid; Aerosols
3) By Application: Agricultural; Livestock Pests; Commercial Pest Control
Companies Mentioned: Bayer CropScience LLC; Syngenta AG; Valent U. S. A Corporation; Russell IPM Ltd.; Nufarm Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Insect growth regulators (IGRs) are a type of pesticide designed to mimic the hormones produced by young insects, disrupting their ability to grow, develop, or undergo metamorphosis. Additionally, these regulators impact the reproductive processes of insects. Unlike conventional insecticides that immediately kill insects, IGRs work by preventing insects from growing and maturing normally.

The primary categories of insect growth regulators include chitin synthesis inhibitors, juvenile hormone analogs and mimics, and anti-juvenile hormone agents. Chitin synthesis inhibitors encompass chemically diverse compounds that hinder the chitin synthesis process and the formation of an exoskeleton. These inhibitors find use in regulating the development of fungal species and are commonly employed to mimic the life cycle of fleas that infest cattle and pets. Insect growth regulators are available in various formulations such as bait, liquid, and aerosols, and they are applied in agriculture, livestock pest management, and commercial pest control.

The insect growth regulators research report is one of a series of new reports from The Business Research Company that provides insect growth regulators market statistics, including insect growth regulators industry global market size, insect growth regulators market regional shares, competitors with a insect growth regulators market share, detailed insect growth regulators market segments, insect growth regulators market trends and opportunities, and any further data you may need to thrive in the insect growth regulators industry. This insect growth regulators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The insect growth regulator market size has grown strongly in recent years. It will grow from $0. 94 billion in 2023 to $1. 01 billion in 2024 at a compound annual growth rate (CAGR) of 7. 9%. The expansion observed during the historical period can be attributed to increasing pest-related challenges, heightened environmental concerns, regulatory backing, and advancements in formulations within the pest control industry.

The insect growth regulator market size is expected to see strong growth in the next few years. It will grow to $1. 36 billion in 2028 at a compound annual growth rate (CAGR) of 7. 7%. The anticipated growth in the forecast period can be attributed to the rise in agricultural practices, heightened pest resistance, broader application areas, evolving consumer preferences, and the impact of global climate change. Key trends expected in the forecast period encompass technological advancements, an expanded application across various industries, progress in formulations, an increasing focus on non-target species, and market consolidation.

The significant growth in the insect growth regulators market is attributed to the increasing use of environmentally friendly pesticides. Pesticides, designed to combat pests, including viruses, bacteria, and disinfectants, are essential for agriculture. Environmentally friendly crop protection products, commonly used in organic farming, have minimal environmental impact as they quickly degrade and are derived from natural sources. This approach reduces the risk of chronic poisoning associated with chemical insecticides and promotes sustainable agricultural practices. For instance, a report from MDPI in June 2021 highlighted that Bacillus thuringiensis (Bt), accounting for about 90% of microbial biopesticides, is widely used in the market. The United States has over 200 Bt-based products, while the EU has only around 60. Globally, the use of biopesticides is increasing at approximately 10% annually, emphasizing the growing demand for environmentally friendly pesticides and contributing to the insect growth regulators market's expansion.

The anticipated growth of the insect growth regulator market is further fueled by the rising demand for organic crops. Organic crops, cultivated through organic farming without synthetic pesticide residues, are gaining popularity. Insect growth regulators play a crucial role in preventing soil contamination and managing specific pests, weeds, and nematodes in organic farming. According to the U. S. Department of Agriculture, the total sales of organic goods reached $11. 2 billion in 2021, reflecting a 13% increase from 2019. The demand for residue-free organic crops is on the rise, fostering the growth of the insect growth regulators market.

A key trend gaining traction in the insect growth regulators market is the high adoption of modern technologies for crop protection. These technologies aim to prevent and reduce crop losses caused by pests, diseases, and weeds. Advancements in pesticide technologies contribute to sustainable crop productivity. For example, Syngenta Crop Protection introduced PLINAZOLIN technology, a novel insect control active ingredient with a new mode of action, in November 2021. Additionally, the USDA's Agricultural Research Service developed 'receptor interference' (RECEPTOR-i) technology in August 2021, disrupting fire ants' physiological processes as a natural biological control strategy.

Major companies in the insect growth regulators market are focusing on innovation, introducing new varieties with Rynaxypyr technology to enhance profitability. Rynaxypyr, a type of insecticide utilizing chlorantraniliprole, is effective against various insect pests in agriculture. In March 2022, FMC India launched Corprima, an insect growth regulator using Rynaxypyr technology, providing superior and long-lasting protection against fruit borer pests. This innovative solution reflects FMC's commitment to addressing farmers' crop protection needs.

In January 2022, Syngenta Crop Protection announced the acquisition of two next-generation bioinsecticides, NemaTrident and UniSpore, from Bionema Limited. This strategic move strengthens Syngenta's biocontrol offerings to combat growing resistance and a wide range of insects and pests across various agricultural sectors, emphasizing the company's commitment to providing effective solutions for crop protection.

Major companies operating in the in the insect growth regulator market report are Bayer CropScience LLC, Syngenta AG, Valent U. S. A Corporation, Russell IPM Ltd., Nufarm Limited, ADAMA Agricultural Solutions Ltd., OHP Inc., McLaughlin Gormley King Company, Dow Inc., Sumitomo Chemical Company Limited, Corteva Agriscience Inc., BASF SE, Element Solutions Inc., Central Garden & Pet Company, Helm Agro US Inc., Control Solutions Inc., Central Life Sciences LLC, Zoecon Professional Products, Panpan Industry Group Co. Ltd., Averstar Industrial Co. Ltd., Algenex S. L., Ynsect SAS, Oxitec Ltd., Protix Biosystems, MealFood Europe S. L., Smart Resilin Ltd., Hexafly, Norbite, Koppert Biological Systems, Biobest Group NV, Suterra LLC

Asia-Pacific was the largest region in the regulator market in 2023 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the insect growth regulator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the insect growth regulator market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The insect growth regulators market consists of sales ebufenozide, methoxyfenozide, halofenozide, and chromafenozide. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10411

1. Executive Summary

2. Insect Growth Regulator Market Characteristics

3. Insect Growth Regulator Market Trends And Strategies

4. Insect Growth Regulator Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Insect Growth Regulator Market Size and Growth

5.1. Global Insect Growth Regulator Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Insect Growth Regulator Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Insect Growth Regulator Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Insect Growth Regulator Market Segmentation

6.1. Global Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Chitin Synthesis Inhibitors
Juvenile Hormone Analogs And Mimics
Anti-Juvenile Hormone Agents
6.2. Global Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Liquid
Aerosols
6.3. Global Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Agricultural
Livestock Pests
Commercial Pest Control

7. Insect Growth Regulator Market Regional And Country Analysis

7.1. Global Insect Growth Regulator Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Insect Growth Regulator Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Insect Growth Regulator Market

8.1. Asia-Pacific Insect Growth Regulator Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. 4. Asia-Pacific Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Insect Growth Regulator Market

9.1. China Insect Growth Regulator Market Overview
9.2. China Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9. 4. China Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Insect Growth Regulator Market

10.1. India Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Insect Growth Regulator Market

11.1. Japan Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Insect Growth Regulator Market

12.1. Australia Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Insect Growth Regulator Market

13.1. Indonesia Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Insect Growth Regulator Market

14.1. South Korea Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Insect Growth Regulator Market

15.1. Western Europe Insect Growth Regulator Market Overview
15.2. Western Europe Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. 4. Western Europe Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Insect Growth Regulator Market

16.1. UK Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Insect Growth Regulator Market

17.1. Germany Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Insect Growth Regulator Market

18. 5. France Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 6. France Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 7. France Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Insect Growth Regulator Market

19. 9. Italy Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Insect Growth Regulator Market

20.13. Spain Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Insect Growth Regulator Market

21.1. Eastern Europe Insect Growth Regulator Market Overview
21.2. Eastern Europe Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. 4. Eastern Europe Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Insect Growth Regulator Market

22.1. Russia Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Insect Growth Regulator Market

23.1. North America Insect Growth Regulator Market Overview
23.2. North America Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. 4. North America Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Insect Growth Regulator Market

24.1. USA Insect Growth Regulator Market Overview
24.2. USA Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. 4. USA Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Insect Growth Regulator Market

25.1. Canada Insect Growth Regulator Market Overview
25.2. Canada Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. 4. Canada Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Insect Growth Regulator Market

26.1. South America Insect Growth Regulator Market Overview
26.2. South America Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. 4. South America Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Insect Growth Regulator Market

27.1. Brazil Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Insect Growth Regulator Market

28.1. Middle East Insect Growth Regulator Market Overview
28.2. Middle East Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. 4. Middle East Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Insect Growth Regulator Market

29.1. Africa Insect Growth Regulator Market Overview
29.2. Africa Insect Growth Regulator Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Insect Growth Regulator Market, Segmentation By Foam, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. 4. Africa Insect Growth Regulator Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Insect Growth Regulator Market Competitive Landscape And Company Profiles

30.1. Insect Growth Regulator Market Competitive Landscape
30.2. Insect Growth Regulator Market Company Profiles
- 30.2.1. Bayer CropScience LLC
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1. 4. Financial Performance
- 30.2.2. Syngenta AG
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2. 4. Financial Performance
- 30.2.3. Valent U. S. A Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3. 4. Financial Performance
- 30.2. 4. Russell IPM Ltd.
  - 30.2. 4.1. Overview
  - 30.2. 4.2. Products and Services
  - 30.2. 4.3. Strategy
  - 30.2. 4. 4. Financial Performance
- 30.2. 5. Nufarm Limited
  - 30.2. 5.1. Overview
  - 30.2. 5.2. Products and Services
  - 30.2. 5.3. Strategy
  - 30.2. 5. 4. Financial Performance

31. Global Insect Growth Regulator Market Competitive Benchmarking

32. Global Insect Growth Regulator Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Insect Growth Regulator Market

34. Insect Growth Regulator Market Future Outlook and Potential Analysis

34.1 Insect Growth Regulator Market In 2028 - Countries Offering Most New Opportunities
34.2 Insect Growth Regulator Market In 2028 - Segments Offering Most New Opportunities
34. 3 Insect Growth Regulator Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35. 4. Research Inquiries
35. 5. The Business Research Company
35. 6. Copyright And Disclaimer