Insect Pest Control Market Size
The global Insect Pest Control market size was valued at $13.23 billion in 2023 and is projected to reach $18.87 billion by 2029, growing at a CAGR of 6.1% during the forecast period.
Insect Pest Control Market Dynamics
• Impact of climate change on insect proliferation, elevations in rising concerns of vector-based disease outbreaks are contributing to the market's growth.
• Additionally, the new product developments and alliances between top players aiming for expansion are some of the factors that are expected to provide future growth opportunities for the global market.
• However, the interminable time for regulatory approval of products is restraining the market.
Insect Pest Control Market Overview
Insect pest control is a process used to kill insects by using chemicals. This approach is used to fulfill the function of preserving trees, wood, crop production, and citizens from exposure to insect. Pests are generally undesirable organisms that could potentially affect human concerns and belongings. The need for pest control solutions is important in industries like food and hospitality to maintain a hygienic environment for the control of flies and mosquitoes. The application of insect pest control is the largest in the commercial & industrial sector due to the increasing need for professional pest control solutions, especially for food manufacturing and hospitality sectors, to maintain a hygienic environment for the control of mosquitoes cockroaches, bedbugs, and flies.
By Control Method, the Chemical Segment Holds the Dominant Position in the Market Revenue
The chemical segment holds the dominant position in the market revenue during the forecast period. This can be attributed due to its superior results & the cost-effectiveness. Thus, the inclination for chemical type is high as compared to, mechanical, and others. Additionally, the increasing awareness among the consumers is leading to a rise in the biological control method.
By Geography, North America Region Dominates by Being the Largest Market for Insect Pest Control
The North American insect pest control market has been experiencing significant growth. The US acquired the largest share of the North American insect pest control market. According to the Centers for Disease Control and Prevention (CDC), between 2004 and 2016, more than 640,000 cases of insect-borne diseases were reported in the US. Furthermore, during this period, nine new germs spread by bites from infected mosquitoes and ticks were discovered or introduced in the US. As a result, the demand for effective insect pest control methods has significantly increased in recent years.
Some of the Key Players Profiled in the Report Include:
• ADAMA
• BASF
• Bayer
• FMC Corporation
• Korea Henkel home care Co. Ltd
• Rentokil Initial Group
• Rollins, Inc
• Sumitomo Chemical
• Syngenta
• Terminix
What Can be Explored with this Research Report:
• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Form:
• Dry
• Liquid
Market by, Control Method:
• Chemical
• Physical
• Biological
• Other Control Methods
Market by, Insect Type:
• Ants
• Bedbugs
• Cockroaches
• Flies
• Mosquitoes
• Termites
• Other Insect Types
Market by, Application:
• Commercial and Industrial
• Residential
• Livestock Farms
• Other Applications
Market by, Geography:
The Insect Pest Control Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.
Table Of Content
1 Market Overview
1.1 Introduction
1.2 Research Objectives
1.3 Market Segmentation
1.4 Stakeholders
1.5 List of Acronyms
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Data Sources
3.6 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Increase in Instances of Insect-borne Disease Outbreaks
4.1.2 High Efficiency of Insect Pest Control Products
4.2 Market Restraints
4.2.1 Risks Associated with Storage of Insect Pest Control Products
4.3 Market Opportunities
4.3.1 Increased Inclination for Integrated Controls
4.4 Market Challenges
4.4.1 Advent of Synthetic Chemical Insecticides
4.5 Impact of COVID-19 on Insect Pest Control Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Insect Pest Control Market by, Form
6.1 Overview
6.2 Dry
6.3 Liquid
7 Global Insect Pest Control Market by, Control Method
7.1 Overview
7.2 Chemical
7.3 Physical
7.4 Biological
7.5 Other Control Methods
8 Global Insect Pest Control Market by, Insect Type
8.1 Overview
8.2 Ants
8.3 Bedbugs
8.4 Cockroaches
8.5 Flies
8.6 Mosquitoes
8.7 Termites
8.8 Other Insect Types
9 Global Insect Pest Control Market by, Application
9.1 Overview
9.2 Commercial and Industrial
9.3 Residential
9.4 Livestock Farms
9.5 Other Applications
10 Global Insect Pest Control Market by, Geography
10.1 Overview
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 UK
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia
10.4.6 New Zealand
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 Qatar
10.6.4 Iran
10.6.5 South Africa
10.6.6 Rest of Middle East & Africa
11 Key Developments
12 Company Profiling
12.1 ADAMA
12.1.1 Business Overview
12.1.2 Product/Service Offering
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Activities
12.2 BASF
12.3 Bayer
12.4 FMC Corporation
12.5 Korea Henkel home care Co. Ltd
12.6 Rentokil Initial Group
12.7 Rollins, Inc
12.8 Sumitomo Chemical
12.9 Syngenta
12.10 Terminix
Report Details
SKU Code | : DI2091 |
Industry | : Agriculture |
Region | : Global |
Tables | : 126 |
Format | : Electronic PDF |
Published | : 2023 |
Choose License Type
Why Diligence Insights?
-
24/7 Research Support
We understand the various needs of our customers and remain always flexible in our approach. And we have a 24X7 client engagement team to ensure the best customer experience.
-
Tailor-Made Values
We consider each and every client’s business issues unique and exhibit precise solutions befitting your business goals and expectations.
-
Data Accuracy and Reliability
We offer a 360-degree view of the market to generate high standards and comprehensive data.
-
Customer Satisfaction
At Diligence Insights, we are committed to offering high-quality market research reports to our esteemed clients and focus on providing innovative solutions.
-
Information Security
We stand by the information security policy and stick to keeping your business information safe and secure.