Insect Pest Control Market 2028: Rising Government Initiatives in Various Countries Worldwide
Insect Pest Control Market: Growing Use in Hospitals and Other Healthcare Institutions to Prevent Dangerous Diseases and Maintain Hygienic Environment
NEW YORK CITY, NEW YORK, USA, Sept. 21, 2022 /EINPresswire.com/ — The global insect pest control market size is expected to reach USD 23.77 billion in 2028 and register a CAGR of 5.4 % over the forecast period, according to the latest Reports and Data report. The use of insect pest control for the prevention of various dangerous diseases caused by insects is driving the market revenue growth.
Further, the rising demand for insect pest control services across various sectors such as commercial, industrial, residential, livestock farms, agricultural farms, and other applications will bolster the growth of the market during of the forecast period. Most insect pest control methods are useful for properly protecting crops, humans and animals from insects and pests that can cause damage. Pest control has undergone a drastic change due to the development of technology. Different types of biological control methods are present to control insect pests which, in turn, would drive the growth of the market.
The growing number of pests causing damage to crops and livestock has increased the demand for insect pest control services. This would help this market grow in the coming years. A large number of people migrating from villages to cities leads to an increase in population density and creates an unsanitary environment, which increases the number of different insects. Hence, the demand and awareness for insect pest control is increasing and helping to drive the growth of the market.
However, strict government rules and regulations regarding the use of pesticides are hampering the growth of the market. In addition, toxic substances present in chemical pesticides have also affected the growth of the insect pest control market.
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Main companies: Adama, Arrow Exterminators, BASF SE, Bayer AG, Ecolab, Ensystex, FMC Corporation, Rentokil Initial PLC, Rollins, Sumitomo Chemicals Syngenta and The Terminix International Company LP.
Some key highlights of the report:
By application, the commercial and industrial segment accounted for the largest share of revenue in 2020. The growth of this segment is due to the increasing adoption of insect pest control services as it has become necessary to prevent parasitic infections and to provide a professional environment for employees and customers in the trade. buildings. The advancement of pest control methods helps to control dangerous pests. This factor would contribute to the growth of the market.
By control methods, the chemical control methods segment contributed the largest share of revenue in 2020. The growth of this segment is driven by the ability to deliver better results and the low cost of chemical pesticides. Public awareness of these methods and the establishment of strict standards governing the use of many insect pest control solutions are also responsible for the growth of this segment.
The demand for insect pest control services is increasing due to the subsequent increase in the number of patients suffering from diseases such as malaria, dengue fever, cholera, salmonella and others. The growing need for precise pest control methods to prevent the spread of these dangerous diseases is also contributing to the growth of the market.
North America insect pest control market accounted for the largest revenue share in 2020, attributed to the increase in dengue fever and chikungunya cases, as well as strong demand for pest control from commercial sectors and industrial and residential.
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Insect Types Outlook (Revenue, USD Billion; 2018-2028)
Control Method Outlook (Revenue, USD Billion; 2018-2028)
Chemical control methods
Physical control methods
Biological control methods
Application Outlook (Revenue, USD Billion; 2018-2028)
Commercial & Industrial
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Important Features Offered and Report Highlights:
– Detailed overview of the Insect Pest Control market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competitive situation of the Insect Pest Control market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Insect Pest Control Market report is the authoritative source for market research that can significantly accelerate your business. The report shows economic conditions such as major locations, item values, profits, limitations, production, supply, requirements, market development rates, and figures.
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