Pest Control Market Size Worth USD 33.83 Billion, Globally, by 2030 at 4.3% CAGR: Emergen Research

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Pest Control Market Size Worth USD 33.83 Billion, Globally, by 2030 at 4.3% CAGR: Emergen Research

June 28
02:41 2022
Pest Control Market Size Worth USD 33.83 Billion, Globally, by 2030 at 4.3% CAGR: Emergen Research
Emergen Research | Pest Control Market
Rapid advancements and innovation in pest control technologies is a key factor driving market revenue growth

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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The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Major Players/Manufacturers profiled in the report are:

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

The Pest Control market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Pest Control market.

Some Key Highlights

  • 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.

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 Emergen Research has segmented the global pest control market based on type, control methods, mode of application, application, and region:

  • Type Outlook (Revenue, USD Billion; 2019–2030)
    • Termites
    • Insects
  1. 1.      Mosquitoes
  2. 2.      Flies
  3. 3.      Cockroaches
  4. 4.      Ants
  5. 5.      Bed bugs
  • Rodents
  • Others
  • Control Methods Outlook (Revenue, USD Billion; 2019–2030)
    • Chemical
  1. 1.      Insecticides
  2. 2.      Herbicides
  3. 3.      Rodenticides
  4. 4.      Repellents
  5. 5.      Others
  • Biological
  1. 1.      Plant-extracts
  2. 2.      Microbial
  3. 3.      Predatory insects

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Post-covid-19 Outlook: The readers in the section will understand how the Pest Control Market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, and supply chain. The Market experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall market in the years to come.

Major Regions Covered in the Pest Control Market Report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Key questions answered in the report:

  • What are the key factors driving the Global Pest Control market?
  • Who are the key manufacturers in market space?
  • What are the market openings, market hazard and market outline of the market?
  • What are sales, revenue, and price analysis of top manufacturers of Pest Control market?
  • Who are the distributors, traders, and dealers of Pest Control market?
  • What are the Pest Control market opportunities and threats faced by the vendors in the Global Pest Control industries?
  • What are deals, income, and value examination by types and utilizations of the market?
  • What are deals, income, and value examination by areas of enterprises?

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Thank you for reading our report. Customization of the report is available according to the requirements of clients. In case of further queries about the report, do get in touch with us. Our team will make sure your report is tailored according to your needs.

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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