Global Insect Pest Control Market Insights Forecasts to 2032

• The Global Insect Pest Control Market Size was valued at USD 12.98 billion in 2022
• The market is growing at a CAGR of 4.6% from 2022 to 2032
• The Worldwide Insect Pest Control Market size is expected to reach USD 20.43 billion by 2032
• Asia Pacific is expected to grow the fastest during the forecast period

 

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The Global Insect Pest Control Market is anticipated to reach USD 20.43 billion by 2032, at a CAGR of 4.6% over the predicted period from 2022 to 2032. Pest control products for insects are used in a variety of end-user industries, including residential buildings, commercial and non-commercial institutions, livestock, and the industrial sector. The demand for insect pest control is being driven by the bulk end-users, which include hospitals, airports, hotels, commercial establishments, factories, and manufacturing plants. Non-commercial institutions, storage and transportation facilities, and public landscapes are also having a positive impact on the market.

 

Market Overview

Insect pest control is the method of handling and regulating insect distribution using a variety of techniques. This technique can be used to protect trees, wood, and crop production from insect infestation, as well as people. Pests are generally undesirable organisms that can endanger both property and human health. Physical control methods, biological control methods, chemical control methods, and other control methods are among the numerous control procedures used.

 

The global insect pest control market is a significant and growing industry that encompasses a wide range of products and services designed to manage and control insect populations in various settings. Insect pest control is critical in agriculture, forestry, and food processing industries to protect crops, forests, and stored products from insect damage. The market includes a variety of products and services, including insecticides, traps, baits, and repellents, among others. These products are used to control insect populations in residential, commercial, and industrial settings. The increasing demand for food products and the rising awareness of the harmful effects of insect-borne diseases have driven the growth of the insect pest control market.

 

The future of the global insect pest control market looks promising, with the increasing demand for food products and the growing awareness of insect-borne diseases. The market is expected to grow at a steady rate in the coming years, driven by the adoption of innovative pest control products and services and the increasing focus on sustainable pest control methods.

 

Report Coverage

This research report categorizes the market for global insect pest control market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the insect pest control market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the insect pest control market.

 

Driving Factors

Liquid formulations usually combine with water, but labels may allow the use of kerosene, crop oil, diesel fuel, or another light oil as a carrier in some cases. Liquid pesticide formulations include emulsifiable concentrate, ready-to-use invert emulsion, aerosols, low concentration solutions, ultra-low volume, and others. The rising demand to increase agricultural crop production while improving yields is expected to drive market expansion during the period of forecasting.

 

There is a growing awareness of the negative environmental impact of traditional pest control methods. As a result, there is a shift towards sustainable pest control methods, such as biological control, which uses natural enemies of pests to control their populations. This trend is driving the development of innovative and sustainable pest control products and services. With the growing global population, there is an increasing demand for food products. Insect pest control is critical in agriculture to protect crops from insect damage and ensure a stable food supply.

 

The growing demand for bio pesticides within residential homeowners for an effective and safe environment influences termite and pest control prevention services to install sustainable products, boosting the market growth. Furthermore, the expansion of comprehensive pest management services, which include general pest control, mosquito & termite inspections, and bed bug inspections, has resulted in the growth of the promising pest control solution in this sector. As a result, the increase in residential buildings will help to increase demand for insect pest control in the residential building market during the forecast period.

 

Restraining Factors

The use of traditional insecticides can have adverse effects on human health and the environment. These concerns have led to a shift towards more sustainable pest control methods, which may not be as effective as traditional methods, thereby limiting the growth of the market. Environmental protection manufacturers must adhere to stringent regulatory standards. Furthermore, these vary according to county policies. The use of insect pest control is subject to registration in many countries by environmental, health, and insect pest control agencies. Governments inspect the policies governing the acquisition, application, registration, formulation, and disposal of pesticides.

 

Market Segmentation

The Global Insect Pest Control Market share is classified into insect type, control method, and form.

 

• The mosquito control segment is expected to hold the largest market share during the prediction period. 

Based on the insect type, the global insect pest control market is differentiated into mosquitoes, termites, cockroaches, bedbugs, flies, ants, and others. Among these, the mosquito control segment is expected to hold the largest market share due to the significant public health concerns associated with mosquito-borne diseases, such as malaria, dengue fever, and Zika Virus. The rising awareness of these diseases and the need for effective mosquito control measures are driving the growth of this segment of the market. The development of innovative and eco-friendly mosquito control methods is also contributing to the growth of this segment.

 

• The chemical segment is estimated to hold the largest share over the forecast period.

Based on the control method, the global insect pest control market is classified into biological, chemical, & physical. Among these, the chemical segment is estimated to hold the largest share over the forecast period. Chemical control measures involve the use of insecticides to control insect pest populations. This method is considered highly effective but can have adverse effects on the environment and non-target organisms if not used carefully. The chemical control segment of the market is expected to remain the largest due to its high effectiveness and widespread use in various applications, including residential, commercial, and agricultural pest control. The growth can be attributed due to the chemical control methods are highly effective in controlling insect pests and are widely used in various applications, including agricultural pest control and others.

 

• The liquid segment is anticipated to hold the largest market of insect pest control market over the forecast period.

On the basis of form, the global insect pest control market is categorized into dry and liquid. Among these, the liquid segment is expected to hold the largest market of insect pest control market over the forecast period. The liquid segment includes products such as sprays, foggers, and insecticides that are designed to be used in liquid form. These products are typically used for outdoor pest control and are effective against a wider range of insects, including mosquitoes, flies, and ticks. The growth can be increased due to liquid products such as sprays and insecticides are more versatile and can be used to control a wider range of insects, including those that are commonly found outdoors such as mosquitoes, flies, and ticks. This is in contrast to dry products such as baits and powders, which are typically used for indoor pest control and are effective against a narrower range of insects.

 

Regional Segment Analysis of the Insect Pest Control Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is expected to hold the largest share of the Global Insect Pest Control Market during the projected period.

 

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North America is expected to hold the largest market share in the global insect pest control market over the study period. This is primarily due to factors such as increasing awareness of the health risks associated with insect-borne diseases, growing demand for sustainable and eco-friendly pest control solutions, and a greater focus on public health and sanitation. In North America, the United States is the largest market for insect pest control products, driven by factors such as a high prevalence of insect-borne diseases such as Lyme disease and West Nile virus, and a strong emphasis on pest control in residential and commercial settings.

 

The Asia Pacific is estimated to grow at the fastest rate in the insect pest control market over the predicted period. In the Asia Pacific region, the market for insect pest control products is driven by factors such as rapid urbanization, a growing population, and increasing demand for food safety and hygiene. The market in this region is expected to grow at the fastest rate due to increasing demand for insect pest control products in countries such as China and India. Additionally, mosquitoes and termites are major threats throughout the region; additionally, other pests such as flying insects, cockroaches, ants, and rodents are prevalent. 

 

In Europe, the market for insect pest control products is driven by factors such as increasing regulations on the use of pesticides, growing awareness of the health risks associated with insect-borne diseases, and a greater focus on sustainable pest control solutions.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global insect pest control market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• ADAMA 
• Rentokil Initial Group 
• Bayer 
• Ecolab
• BASF
• Arrow Exterminators, Inc.
• FMC Corporation 
• Sumitomo Chemical 
• Korea Henkel home care Co. Ltd
• Bell Laboratories Inc.
• Syngenta 
• Ensystex
• Terminix 
• Rollins, Inc.

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Developments

• In March 2023, Zevo, America's fastest growing pest control brand1, has announced the launch of its new On-Body Mosquito + Tick Repellents, which offer odorless, non-sticky, and long-lasting protection against mosquitos and ticks.

 

• In June 2022, Flupyrimin, a new insecticide from UPL, has been launched in India. Flupyrimin is an insecticide with novel biological properties and residual control that is effective against major rice pests.

 

• In May 2022, UPL has announced a new openAg collaboration for SPIROTETRAMAT insecticide development to develop novel pest management solutions.

 

• In May 2021, ADAMA has completed the purchase of Huifeng (China). ADAMA completed the purchase of a 51% stake in Huifeng's key crop protection synthesis and formulation facilities, significantly expanding ADAMA's commercial presence in China's insect pest control market.

  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Insect Pest Control Market based on the below-mentioned segments:

 

Global Insect Pest Control Market, By Insect Type

• Mosquitoes
• Termites
• Cockroaches
• Bedbugs
• Flies
• Ants

 

Global Insect Pest Control Market, By Control Method

• Biological
• Chemical
• Physical

 

Global Insect Pest Control Market, By Form

• Dry
• Liquid

 

Global Insect Pest Control Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa