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Insect Pest Control Trends and Forecast
The future of the global insect pest control market looks promising with opportunities in the residential, commercial, and industrial markets. The global insect pest control market is expected to reach an estimated $18.8 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for bio pesticide among residential owners, growing demand to increase the production of agricultural crops along with improving their yields, and continuous advancement and introduction of safe products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Insect Pest Control by Segment
The study includes a forecast for the global insect pest control by method, type, application, and region.
Insect Pest Control Market by Method [Shipment Analysis by Value from 2018 to 2030]:
• Chemical
• Mechanical
• Biological
Insect Pest Control Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Insects
• Termites
• Rodents
Insect Pest Control Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
Insect Pest Control Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Insect Pest Control Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies insect pest control companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the insect pest control companies profiled in this report include-
• FMC Corporation
• Bayer
• Syngenta
• China National Agrochemical Company
• BASF
• Ecolab
• Rollins
• Curtis Gilmour
• ADAMA Agricultural Solution
• Sumitomo Chemical
Insect Pest Control Market Insights
Lucintel forecasts that insects will remain the largest segment over the forecast period because the insects are harmful to both agriculture and non-agriculture, which is why different products and services are used to control and eradicate insects.
North America is expected to witness highest growth over the forecast period due to rising number of residential and commercial spaces, as well as gradual economic development in this region.
Features of the Global Insect Pest Control Market
Market Size Estimates: Insect pest control market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Insect pest control market size by method, type, application, and region in terms of value ($B).
Regional Analysis: Insect pest control market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different method, type, application, and regions for the insect pest control market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the insect pest control market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the insect pest control market size?
Answer: The global insect pest control market is expected to reach an estimated $18.8 billion by 2030.
Q.2 What is the growth forecast for insect pest control market?
Answer: The global insect pest control market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the insect pest control market?
Answer: The major drivers for this market are growing demand for bio pesticide among residential owners, growing demand to increase the production of agricultural crops along with improving their yields, and continuous advancement and introduction of safe products.
Q4. What are the major segments for insect pest control market?
Answer: The future of the global insect pest control market looks promising with opportunities in the residential, commercial, and industrial markets.
Q5. Who are the key insect pest control market companies?
Answer: Some of the key insect pest control companies are as follows:
• FMC Corporation
• Bayer
• Syngenta
• China National Agrochemical Company
• BASF
• Ecolab
• Rollins
• Curtis Gilmour
• ADAMA Agricultural Solution
• Sumitomo Chemical
Q6. Which insect pest control market segment will be the largest in future?
Answer: Lucintel forecasts that insects will remain the largest segment over the forecast period because the insects are harmful to both agriculture and non-agriculture, which is why different products and services are used to control and eradicate insects.
Q7. In insect pest control market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rising number of residential and commercial spaces, as well as gradual economic development in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the insect pest control market by method (chemical, mechanical, and biological), type (insects, termites, and rodents), application (residential, commercial, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Insect Pest Control Market, Insect Pest Control Market Size, Insect Pest Control Market Growth, Insect Pest Control Market Analysis, Insect Pest Control Market Report, Insect Pest Control Market Share, Insect Pest Control Market Trends, Insect Pest Control Market Forecast, Insect Pest Control Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Insect Pest Control Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Insect Pest Control Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Insect Pest Control Market by Method
3.3.1: Chemical
3.3.2: Mechanical
3.3.3: Biological
3.4: Global Insect Pest Control Market by Type
3.4.1: Insects
3.4.2: Termites
3.4.3: Rodents
3.5: Global Insect Pest Control Market by Application
3.5.1: Residential
3.5.2: Commercial
3.5.3: Industrial
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Insect Pest Control Market by Region
4.2: North American Insect Pest Control Market
4.2.1: North American Insect Pest Control Market by Type: Insects, Termites, and Rodents
4.2.2: North American Insect Pest Control Market by Application: Residential, Commercial, and Industrial
4.3: European Insect Pest Control Market
4.3.1: European Insect Pest Control Market by Type: Insects, Termites, and Rodents
4.3.2: European Insect Pest Control Market by Application: Residential, Commercial, and Industrial
4.4: APAC Insect Pest Control Market
4.4.1: APAC Insect Pest Control Market by Type: Insects, Termites, and Rodents
4.4.2: APAC Insect Pest Control Market by Application: Residential, Commercial, and Industrial
4.5: ROW Insect Pest Control Market
4.5.1: ROW Insect Pest Control Market by Type: Insects, Termites, and Rodents
4.5.2: ROW Insect Pest Control Market by Application: Residential, Commercial, and Industrial
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Insect Pest Control Market by Method
6.1.2: Growth Opportunities for the Global Insect Pest Control Market by Type
6.1.3: Growth Opportunities for the Global Insect Pest Control Market by Application
6.1.4: Growth Opportunities for the Global Insect Pest Control Market by Region
6.2: Emerging Trends in the Global Insect Pest Control Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Insect Pest Control Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Insect Pest Control Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: FMC Corporation
7.2: Bayer
7.3: Syngenta
7.4: China National Agrochemical Company
7.5: BASF
7.6: Ecolab
7.7: Rollins
7.8: Curtis Gilmour
7.9: ADAMA Agricultural Solution
7.10: Sumitomo Chemical
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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