Pest Control Market Trend, Share, Demand, Growth Rate and Opportunity Assessment till 2030

Emergen Research’s latest market research report focuses on the global Pest Control market, and the report provides in-depth analysis of each of its major segments. Reports about the global Pest Control market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Pest Control industry projections and qualitative and quantitative assessments have been provided by the report's authors. The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. A detailed analysis of the global Pest Control market is presented in the report, including North America, Europe, Latin America, Asia Pacific, and Middle East Africa. Aside from revenue growth drivers restraints, production consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets

The global pest control market size was USD 22.91 Billion in 2021 and is expected to register a revenue CAGR of 4.3% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for low-toxic, more sustainable, and environment-friendly pest control methods is driving revenue growth of the market. Pests are one of the key problems for farmers that restricts them in achieving higher production in agriculture crops. In addition, countries, such as India, lose about 25% of their crops due to diseases and pests every year. Moreover, pest controllers protect crops during transport and storage and increase productivity of land and minimize yield losses. Furthermore, insecticides also protect buildings and other wooden structures, such as beds, staircases, and furniture, from damage by termites and woodboring insects.

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Market Dynamics:

The report offers insightful information about the market dynamics of the Pest Control market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Pest Control market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Pest Control market.

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Radical Highlights of the Pest Control Market Report:

The commercial segment is expected to register a rapid revenue CAGR due to rapid urbanization and rising new infrastructural projects. High economic and health risks associated with pest is increasing demand for pest control in commercial and public places. In addition, rising government pest management programs are also driving revenue growth in this segment.
The termites segment is expected to register a steady revenue CAGR over the forecast period. These cellulose-eating insects cause damage to wood and furniture. The U.S. is home to about over 50 species of termites and according to the United States Department of Agriculture (USDA), the U.S. residents spend over USD 1 billion on termite control products. In addition, homeowners spent on an average about USD 3,000 on repairs caused by termites, which has increased demand for termite controllers and is driving revenue growth in this segment.
The North America market accounted for largest revenue share in 2021 due to rising demand for herbicides for killing weeds in agricultural lands. Furthermore, rising demand for organic pesticides owing to less chemical content and being environment-friendly is also driving market growth in this region.
On 07 September 2021, Best Agrolife Limited, an agrochemical company based in India acquired Best Crop Science Pvt. Ltd., which is also an Indian company with robust RD activities in the manufacturing of active ingredients required for insects, fungicides, and herbicides. This acquisition will help Best Agrolife in strengthening its manufacturing base, diversification of risk, and addition of another technical manufacturing unit in Gajraula, Amroha district, Uttar Pradesh.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

The Key Player Profiled in the Report:

Bayer AG, BASF SE, Corteva, ADAMA, Syngenta, Bell Laboratories Inc., FMC Corporation, Ecolab, Rentokil Initial plc, Rollins, Inc., Truly Nolen, and Anticimex

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Market Overview:

The report bifurcates the Pest Control market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

Type Outlook (Revenue, USD Billion; 2019–2030)
- Termites
- Insects
  1. Mosquitoes
  2. Flies
  3. Cockroaches
  4. Ants
  5. Bed bugs
- Rodents
- Others

Control Methods Outlook (Revenue, USD Billion; 2019–2030)
- Chemical
  1. Insecticides
  2. Herbicides
  3. Rodenticides
  4. Repellents
  5. Others
- Biological
  1. Plant-extracts
  2. Microbial
  3. Predatory insects
- Mechanical
  1. Light traps
  2. Adhesive traps
  3. Malaise traps
  4. Mesh screens
  5. UV radiation devices
  6. Ultrasonic vibrations
  7. Others
- Others

Mode of Application Outlook (Revenue, USD Billion; 2019–2030)
- Powder
- Pellets
- Sprays
- Traps
- Others

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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