Insect Pest Control Market to Grow with a CAGR of 6.58% through 2029
Adoption of high-yield crop varieties and increasing environmental concerns and sustainability is expected to drive the Global Insect Pest Control Market growth in the forecast period, 2025-2029.
According to TechSci Research report, “Insect Pest
Control Market – Global Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2029F”, the Global Insect Pest Control Market stood at
USD 18.01 Billion in 2023 and is anticipated to grow with a CAGR of 6.58% through 2029. Increased public awareness regarding insect pest management has created favorable market conditions for the global Insect Pest Control market. Various factors are propelling the growth of insect pest control products. The expansion of the agriculture sector and the uptake of intensive farming methods are bolstering the insect pest control market. Contemporary agricultural practices, such as large-scale monoculture and dense planting, create ideal environments for pest proliferation. Farmers are increasingly seeking insect pest control remedies to safeguard their crops and optimize yields. Additionally, the adoption of precision agriculture and technology-driven farming practices is amplifying the demand for advanced pest control approaches.
The expansion of the insect pest control market is propelled by the continuously growing global population. With a heightened demand for food production to satisfy the needs of this expanding population, there is a mounting necessity for effective pest management measures. Insects pose a significant menace to crops, potentially resulting in reduced yields. As a result, farmers and agricultural enterprises are seeking dependable pest control solutions to shield their crops and ensure food security. The requirement for insect pest control solutions correlates directly with the imperative to boost agricultural productivity to address the increasing global food demand.
There is a rising awareness of the environmental implications associated with conventional pest control methods, such as chemical pesticides. This awareness has prompted the enactment of stringent regulations worldwide, emphasizing the adoption of sustainable and eco-friendly pest control solutions. Governments advocate for approaches that minimize adverse effects on ecosystems, non-target organisms, and human health. This regulatory framework encourages the advancement and adoption of innovative, environmentally friendly insect pest control techniques, including biological control agents, integrated pest management (IPM), and organic farming practices.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Insect Pest Control Market”
The Global Insect Pest Control Market is segmented
into type, application, method, regional distribution, and company.
Based on Type, Insect have emerged as the dominant segment in the Global Insect Pest Control Market in 2023. Versatile in its application methods, which encompass dusting, spraying, water mixing, or direct application to infested areas, providing flexibility across diverse scenarios. Frequently deemed the most cost-effective choice, particularly for extensive pest management endeavors, notably within agricultural contexts. Permits the blending of various insecticides and synergists to craft customized remedies for distinct pest challenges. Considerations of convenience, efficacy, and environmental impact will continue to impact the selection of formats. Advancements in encapsulation methods, enhanced powder flowability, and concentrated liquid formulations are poised to shape forthcoming trends. Stringent regulations concerning dust emissions and environmental safety may favor granules and liquids in specific use cases.
Based on Region, Europe have emerged as the fastest growing region in the Global Insect Pest Control Market in 2023. The European market is positioned to experience rapid growth, presenting attractive prospects for Insect Pest Control stakeholders in the upcoming forecast period. Factors such as stringent standards and consumer demand for safe, residue-free options propel the market for premium, frequently eco-friendly, and inventive insect control approaches. Europe showcases unparalleled research and development prowess, fostering progress in biocontrol, precision application methodologies, and integrated pest management (IPM) approaches. Sustainability emerges as a paramount concern, spurring the creation of green insecticides, organic pest control remedies, and environmentally mindful methodologies.
Major
companies operating in Global Insect Pest Control Market are:
- FMC
Corporation
- Syngenta Crop Protection AG
- BASF
SE
- Ecolab USA Inc.
- Rollins,
Inc.
- Brown
Gibbons Lang & Company
- ADAMA
Agricultural Solutions Limited
- Sumitomo
Chemical Company Limited
- Rentokil Initial plc
Download Free Sample Report
Customers can also request for 10% free customization
on this report
“The adoption of high-yield crop varieties and escalating environmental considerations and sustainability efforts serve as primary catalysts for the Insect Pest Control market. Recent times have seen a surge in environmental consciousness and apprehensions regarding the ecological ramifications of conventional chemical pesticides, propelling the quest for sustainable pest management approaches. Consequently, the market is witnessing a surge in eco-friendly alternatives such as biological control agents, organic pesticides, and integrated pest management (IPM) strategies. Furthermore, heightened consumer focus on preemptive agricultural solutions has bolstered both production and marketing endeavors. To align with market demands, manufacturers are increasingly integrating advanced technologies to enhance production efficiency. As consumer acceptance grows and product innovation persists, the Insect Pest Control market is poised for continued expansion in the foreseeable future”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Insect Pest Control Market – Global Industry Size, Share, Trends, Opportunity, & Forecast, Segmented By Type (Insect, Termites, Rodents, Others), By Application (Residential, Commercial, Industrial), By Method (Chemical, Mechanical, Biological), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global Insect Pest
Control Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Insect Pest Control
Market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com