According to the most recent analysis by Emergen Research, the size of the worldwide pest control market was USD 22.91 billion in 2021 and is projected to grow at a revenue CAGR of 4.3% during the forecast period. The market is expanding in terms of revenue due to the rising demand for non-toxic, environmentally safe, and more sustainable pest management techniques. One of the main issues for farmers that prevents them from increasing the yield of agricultural crops is pests. In addition, nations like India lose roughly 25% of their crops annually to illnesses and pests. Moreover, pest controls boost farm productivity, reduce production losses, and safeguard crops during transportation and storage.
In order to better position themselves in the global Pest Control Market, the Pest Control Market study will offer readers, stakeholders, and enterprises detailed information about market size, revenue growth, and general market dynamics. Along with market segmentations based on things like product type, application, and regional bifurcation, it also includes comprehensive information on important considerations, limits, limitations, and problems.
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Global Pest Control Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- RD Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Pest Control market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Pest Control market and pinpoint the fundamental growth trends.
Key Companies 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
Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales distribution channels
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Some Key Highlights From the 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.
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
- Mosquitoes
- Flies
- Cockroaches
- Ants
- Bed bugs
- Rodents
- Others
- Control Methods Outlook (Revenue, USD Billion; 2019–2030)
- Chemical
- Insecticides
- Herbicides
- Rodenticides
- Repellents
- Others
- Biological
- Plant-extracts
- Microbial
- Predatory insects
- Mechanical
- Light traps
- Adhesive traps
- Malaise traps
- Mesh screens
- UV radiation devices
- Ultrasonic vibrations
- Others
- Others
- Mode of Application Outlook (Revenue, USD Billion; 2019–2030)
- Powder
- Pellets
- Sprays
- Traps
- Others
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Additional information offered by the report:
- Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Cobots market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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