The authors of the study also offer a holistic view of the global Pest Control Market based on the earnings, volume, and sales recorded. The research report furnishes clear guidelines for players to intensify their market position in the global Pest Control market. It prepares them to deal with potential challenges and optimize profitable opportunities by providing an extensive analysis of the market scenario.
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.
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Top Companies Pest Control Market and 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 Highlights of 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.
Browse the complete Global Pest Control Market Research Report – Industry Analysis, Size, Share, Growth, Trends @ https://www.emergenresearch.com/industry-report/pest-control-market
Objectives of the Report:
- Study of the global Pest Control market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Pest Control market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Pest Control market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Pest Control market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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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
- 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
- Chemical
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.
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