Insect Growth Regulators Market size was valued at USD 2.29 billion in 2024 and is set to exceed USD 5.45 billion by 2037, registering over 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of insect growth regulators is evaluated at USD 2.55 billion.
The market growth can be ascribed to the increasing availability of remarkably large land areas dedicated to agriculture across the globe to boost the demand for insecticides in order to protect crops from insects ruining them by controlling the insect population.
An insect's maturation process can be stopped and slowed down by pesticides known as insect growth regulators. Farmers frequently employ these regulators to develop pesticides and make their crops insecticide-resistant. There are reportedly close to 150 million farmers in India, according to a recent estimate that was released in the year 2021.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
6.9% |
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Base Year Market Size (2024) |
USD 2.29 billion |
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Forecast Year Market Size (2037) |
USD 5.45 billion |
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Regional Scope |
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Application (Agriculture & Gardens, Commercial Pest Control, Livestock Pest Control)
The agriculture & garden segment in the insect growth regulators market are expected to account for a large share of 45% by the end of 2037. Growth in this sector is attributed on the back of high employment rates in the agricultural sector, which is underpinned by the fact that a large portion of the population makes their living from farming and there is a growing need for insect-free crops. In addition, there is high demand for gardening as a notable side business across the globe, which is projected to continue to have a positive impact on the growth of the segment. For instance, in 2021, nearly 18 million US households will be found to be gardening, ranking the country among the top three gardening powerhouses.
Type (Anti-Juvenile Insect Growth Regulator, Chitin Synthesis Insect Growth Inhibitors, Juvenile Hormone Analog)
Insect growth regulators market from the juvenile hormone analog segment is estimated to acquire the largest revenue share during the projected time period. Juvenile hormone analogs (JHA) are insecticides that mimic insect juvenile hormones to prevent larvae that can damage crops, especially cockroaches, mosquitoes, and fleas, from developing into adults. In addition, the chitin synthetic insect growth inhibitor segment is expected to grow significantly due to its increasing use in pea crops as part of pest control products and services worldwide.
Our in-depth analysis of the global market includes the following segments:
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APAC Market Forecast
North America industry is anticipated to account for largest revenue share of 33% by 2037, driven by health concern in the region.This is caused by the fact that the region is home to important agricultural producers like China and India. China is the world's top producer and user of pesticides. Thus, the Asia-Pacific region's agricultural production has expanded as a result of the region's fast urbanization and expanding agricultural sector. For instance, China and India were the biggest producers of crops like wheat, rice, and maize in 2021. Moreover, according to data, Asia is the world's largest producer of crops such as wheat, rice, potatoes, and oil palm fruits, with rice accounting for 90%, oil palm fruits 88%, wheat 44%, and potatoes 51%.
North America Market Statistics
In the North America region, the insect growth regulators market is estimated to observe a notable market expansion by the end of 2037. The growth of the market in this region is primarily driven by people in the region's growing concern for health. Additionally, the need for products is being supplemented by creative packaging, new products, and high standards of living which is further driving the market growth in the estimated timeframe.
Author Credits: Rajrani Baghel
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