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Pest Control Market Research Study on Revenue, Statistics, Industry Growth, and Demand by 2030

Submitted by ravi1996 on Mon, 06/05/2023 - 22:50

The market for Pest Control is thoroughly examined in the Global Pest Control Market Research Report and Forecast to 2027, which also includes market size and share, current and future trends, and the most recent technological developments. The research provides a complete forecast through 2027 as well as insight into the regional and global competitive landscape of the Pest Control market. The new study offers up-to-date details on the COVID-19 pandemic's effects on the market for Pest Control. It examines how the outbreak changed the political climate and judicial system in each location. Along with providing a present and future, it also examines the economic instability and supply chain disruptions brought on by the disease.

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.

The pest control market plays a vital role in safeguarding public health, preserving agricultural productivity, and maintaining a comfortable living environment. With the increasing awareness about the health and economic risks associated with pests, the demand for pest control services has been steadily growing. This article explores the current trends and outlook of the pest control market, highlighting key factors driving its expansion and the emergence of innovative solutions.

The pest control market encompasses a wide range of services, including residential, commercial, and agricultural pest management. It involves the identification, prevention, and elimination of pests such as insects, rodents, termites, and other unwanted organisms.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed 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

Target Audience of the Global Pest Control Market Report:

Key Market Players

Investors

Venture capitalists

Small- and medium-sized and large enterprises

Third-party knowledge providers

Value-Added Resellers (VARs)

Global market producers, distributors, traders, and suppliers

Research organizations, consulting companies, and various alliances interested in this sector

Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

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)

Market Segmentations of the Pest Control Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Pest Control market on the basis of product, application, and region:

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

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/pest-control-market

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.

Additional information offered by the report:

Along with a complete overview of the global Pest Control market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.

The report elaborates on the global Pest Control 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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