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.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?