Larvicide Market to Grow with a CAGR of 5.41% through 2029
Regulatory support and government initiatives aimed at promoting
integrated vector management and sustainable pest control practices are the
major drivers for the Global Larvicide Market.
According to TechSci Research report, “Larvicide Market
– Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”, Global Larvicide Market was valued at USD 856.12 million
in 2023 and will see an impressive growth in the forecast period at a CAGR of
5.41% to 2029. This can be attributed to the awareness among individuals
regarding Larvicide which has led to favorable market. Increased public
awareness about the health risks associated with mosquito-borne diseases such
as dengue fever, Zika virus, malaria, and West Nile virus has heightened the
demand for effective mosquito control measures, including larvicides. Consumers
are more proactive in protecting themselves and their communities from these
diseases, leading to greater demand for larvicide products.
Growing environmental awareness has prompted consumers
to seek out eco-friendly and sustainable pest control solutions. Many
conventional chemical pesticides pose risks to non-target organisms, water
sources, and ecosystems. Bio-based larvicides, such as those containing
Bacillus thuringiensis israelensis (Bti) or Bacillus sphaericus (Bs), are
perceived as safer alternatives that target mosquito larvae while minimizing
harm to beneficial insects, fish, and other wildlife. Concerns about chemical
exposure and toxicity have driven consumers to seek out non-toxic alternatives
for mosquito control. Larvicides derived from naturally occurring
microorganisms, such as bacteria and viruses, are preferred by consumers who
prioritize safety and environmental stewardship. These biopesticides
effectively control mosquito populations without leaving harmful residues in
the environment.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on "Global Larvicide Market”
In September 2023, Safeway Pest Control Limited, a
privately-owned company in Bangladesh, introduced three BTI (Bacillus
Thuringiensis Israelensis) insecticides designed to manage mosquito larvicides,
asserting their effectiveness and environmentally friendly nature in
controlling dengue outbreaks.
Many larvicides, especially
chemical-based ones, can have adverse effects on non-target organisms such as
fish, amphibians, and beneficial insects. These unintended impacts can disrupt
ecosystems and harm biodiversity, leading to ecological imbalances and loss of
ecosystem services. Larvicides applied to water bodies, such as ponds, lakes,
and streams, can leach into the surrounding environment and contaminate water
sources. Chemical larvicides may persist in water bodies, posing risks to
aquatic organisms and potentially contaminating drinking water supplies if not
properly managed. The widespread use of larvicides can contribute to the
development of resistance in target mosquito populations. Mosquitoes may evolve
mechanisms to tolerate or detoxify larvicides, rendering them less effective
over time. Resistance development poses challenges for larvicide efficacy and
necessitates the development of alternative control strategies.
The Global Larvicide Market is segmented into Target, Form,
Control Method, End Use Sector, regional distribution, and company.
Based on its Control Method, Global Larvicide Market
is segmented into Bio control Agents, Chemical Agents, Insect Growth Regulators
and Other Control Methods. Insect Growth Regulators (IGRs) are a class of
insecticides designed to disrupt the growth and development of insects by
interfering with their hormonal regulation and physiological processes. Unlike
traditional insecticides, which primarily target the nervous system or
metabolic pathways of insects, IGRs specifically target the molting and
reproductive stages of insect life cycles. Insect Growth Regulators mimic or
disrupt the action of insect hormones, particularly juvenile hormones and
ecdysteroids, which regulate insect growth, development, and reproduction. By
interfering with these hormonal signals, IGRs inhibit the molting process,
prevent larvae from reaching adulthood, and disrupt reproductive functions in
adult insects.
Based on
region, North America is dominating the market. North America benefits from a
robust regulatory framework that ensures the safety and efficacy of larvicides.
Stringent regulatory standards promote the use of environmentally friendly
products while ensuring public health and safety. The region's strong economy
enables widespread adoption of larvicides and other vector control measures.
Adequate funding and resources are allocated to research, development, and
implementation of larvicide programs, contributing to North America's
leadership in the global market. Increasing awareness among the population
about the importance of vector control and the risks associated with
mosquito-borne diseases has led to greater demand for larvicides in North
America. This heightened awareness has spurred innovation and investment in
larvicide technologies, further consolidating the region's position as a
dominant player in the global larvicide market.
Major companies operating in Global Larvicide Market
are:
- BASF SE
- Bayer AG
- Syngenta
- ADAMA India Private Limited
- Sumitomo Chemical (UK) plc
- Certis USA L.L.C.
- Summit Chemical, Inc.
- Central Garden & Pet Company.
- Nufarm Australia
- Russell IPM Ltd
Download Free Sample Report
Customers can also request for 10%
free customization on this report
“Larvicide Market represents a dynamic and evolving
landscape characterized by increasing demand for effective, safe, and
environmentally friendly mosquito control solutions. By addressing emerging
challenges and harnessing opportunities for innovation and collaboration, companies
can contribute to improved public health outcomes and sustainable development
in communities affected by vector-borne diseases.," said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based Global management
consulting firm.
“Larvicide Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2019-2029 Segmented By Target
(Mosquitoes, Flies and Others), By Form (Solid and Liquid), By Control Method
(Bio control Agents, Chemical Agents, Insect Growth Regulators and Other
Control Methods), By End Use Sector (Public Health, Agricultural, Commercial,
Residential and Livestock), By Region, and By Competition”, has evaluated
the future growth potential of Global Larvicide 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 Larvicide 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