Pest Control Market Business Status, Industry Trends and Outlook 2021-2030

The Global Pest Control Market size was valued at USD 17.88 billion in 2020, and is predicted to reach USD 35.76 billion by 2030, with a CAGR of 7.5% from 2021-2030.

Pest control is a mode of treatment utilized to control, prevent, or eradicate the progression of pests, that not only damage agricultural crops and furniture but also cause various ailments in human, affecting the life routine. The primary step in professional pest control services is inspection, followed by physical, chemical, biological, or mechanical treatments. Pest control eradicates majorly occurring species like insects, rodents, bed-bugs, and such other organisms, that tend to foster in human habitat.

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Top Companies: BASF SE, Rollins, Inc., Rentokil Initial Plc., Bayer AG, Ecolab, The ServiceMaster Company LLC, FMC Corporation, Anticimex, Syngenta, Terminix UK Ltd, Dodson Pest Control, Inc., and Lindsey Pest Services

Market Dynamics and Trends

The global pest control market is gaining momentum from the past few years with a substantially increasing market size due to higher inclination towards health & hygiene at individual level, stringent government regulations promoting cleanliness of public & private assets, rising concerns for workers in food processing companies, increasing demand from agriculture-based countries, and growing awareness regarding the risk of diseases imposed by prevalence of pests.

Furthermore, drastically changing climatic conditions, consistently increasing environmental pollution, and transfer of pest species from rural areas to urban areas via migrants, are the factors anticipated to propagate the growth of the global pest control market throughout the forecast period.

However, toxicity and side effects associated with pest control products, as well as cost-effectiveness of the advanced formulations are expected to hamper the growth of pest control market.

Moreover, rapid industrialization, growing urbanization, advancement in the conventional formulations due to the development of resistance among pests, as well as eco-friendly product innovations with reduced toxicity and enhanced biological formulations, are expected to create lucrative opportunities for the growth of global pest control market, in coming future.

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Market Segmentations and Scope of the Study:

The global pest control market share has been analyzed based on pest type, control method, method of application, application, and geography.
Based on pest type, the pest control market is segmented into insects, termites, rodents, and wildlife. Based on control method, the market is divided into chemical, biological, and mechanical treatment methods. Based on mode of application, the market is divided into sprays, baits, and traps. Based on application, the pest control market is divided into residential, industrial, and commercial. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America region represents a developed market, and is expected to dominate the global pest control market throughout the forecast period, accounting for the highest market share. This is attributed to advancement in product formulations, higher prevalence of maintaining health & hygiene in homes and offices, and presence of key market players in this region.

Asia Pacific region is expected to grow with the highest CAGR values in the global pest control market, demonstrating a substantial market growth. This is due to rapid urbanization, uneven climatic conditions as well as untapped market opportunities offered by the emerging economies specifically India, China, and Japan, present in this region.

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