Pest Control Market to Grow with a CAGR of 5.83% through 2029
Increasing Preference for Sustainable Products and a supportive
regulatory environment are the major drivers for the Global Pest Control Market
According to TechSci Research report, “Pest Control
Market – Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”, the Global Pest Control Market was valued at USD 24.86
billion in 2023 and is anticipated to observe an impressive growth in the forecast period at a
CAGR of 5.83% to 2029. This can be attributed to the awareness among
individuals regarding Pest Control which has led to favorable market.
The organic farming movement is
blossoming, driven by concerns about sustainability, environmental health, and
consumer preferences for natural products. However, with great organic harvests
come great pest-related responsibilities. This heightened focus on organic
agriculture is fueling a surge in demand for innovative and eco-friendly pest
control solutions in the agricultural sector. Organic farming relies on
natural predators and ecological balance to keep pests in check. But this often
leaves crops vulnerable to pest outbreaks, especially without the chemical
ammunition used in conventional farming.
Organic pest control requires a diverse
toolbox. Crop rotation, cultural practices like interplanting, and attracting
beneficial insects all play a role, but sometimes targeted interventions are
needed. This creates a demand for specialized biopesticides, traps, and other
eco-friendly solutions. Consumers choose organic for a reason. They want
assurance that their food is free from harmful chemical residues. This puts
pressure on organic farmers to employ effective pest control strategies that
maintain consumer trust and market competitiveness. Regulations for organic
certification dictate which pest control methods are permissible. This
encourages the development and adoption of innovative alternatives that meet
rigorous environmental and safety standards.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on "Global Pest Control Market”
While pest control plays a crucial role
in protecting crops and ensuring food security, public perception surrounding
its methods in agriculture poses a significant challenge for the industry.
Navigating these concerns is crucial for the industry's future and requires
proactive efforts to bridge the gap between perception and reality. Consumers
prioritize food safety and health, raising concerns about potential pesticide
residues on crops. Images of contaminated fruits and vegetables readily
circulate in media, fuelling anxieties about long-term health impacts. Chemical-based
pest control is often associated with environmental damage, harming non-target
organisms like pollinators, and disrupting ecosystems. News of bee colony
collapses and ecological imbalances paint a negative picture of pest control
practices. The public often perceives the pest control industry as opaque and
secretive, fuelling concerns about hidden risks and potential harm. Farmers are
sometimes seen as prioritizing yields over consumer health and environmental
well-being. Unfounded claims and sensationalized media reports can distort the
reality of pest control practices, creating unfounded fears and negative
stereotypes.
The Global Pest Control Market is segmented into Type,
Control Method, Mode of Application, Application, regional distribution, and
company.
Based on its Type, the Global Pest Control Market is divided into segments including Insects, Rodents, Termites, Wildlife, and Others. Rodents present a significant threat to agriculture, causing considerable damage to crops and stored grains. Implementing effective control measures is essential to safeguard yields and mitigate financial losses. Rodents consume and harm crops in the field, resulting in reduced yields and economic losses. Moreover, their droppings and fur can contaminate stored grains, rendering them unsuitable for consumption and sale. Additionally, rodents' gnawing on wood and wires can cause damage to buildings and equipment. Furthermore, rodents may carry and transmit diseases such as hantavirus and leptospirosis, posing health risks to humans and livestock.
Based on region, North America holds a dominant position in the pest control market, facing a wide array of pest challenges ranging from termites and mosquitoes to rodents and bed bugs. This diversity underscores the need for comprehensive pest control solutions, driving innovation within the industry. The continual demand for adaptability maintains market dynamism and growth. Unlike other regions, North America maintains well-defined regulations and standards for pest control practices, ensuring service quality and safety. This instills confidence among consumers and contributes to a robust and sustainable market. North America leads in technological advancements in pest control, with companies embracing drones, AI-powered solutions, and precision targeting methods.
Major companies operating in Global Pest Control Market
are:
- Ecolab Inc.
- Rollins, Inc.
- Rentokil Initial plc
- ServiceMaster Company, LLC
- Massey Services, Inc.
- Arrow Exterminators Inc.
- Sanix Incorporated
- Dodson Pest Control, Inc.
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“Pest control plays a critical role in safeguarding
public health, ensuring food safety, and preventing the spread of vector-borne
diseases. Biopesticides derived from natural sources, such as microbes,
botanicals, and biochemicals, are gaining traction as safer and more
sustainable alternatives to conventional chemical pesticides. Effective pest
management practices in residential, commercial, and agricultural settings are
essential for protecting human health and maintaining regulatory compliance.,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Pest Control Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Insects, Rodents, Termites, Wildlife, Others), By Control Method (Chemical, Mechanical, Biological), By Mode of Application (Powder, Pellets, Sprays, Traps, Baits), By Application (Residential, Commercial, Industrial, Livestock, Others), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global
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 Pest Control Market.
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