Insect Pest Control Market Incredible Growth, Best Strategies, Future Industry Trends And Forecast 2023-2032

As per the report published by The Brainy Insights, the global insect pest control market is expected to grow from USD 15.23 Billion in 2020 to USD 25.28 Billion by 2030, at a CAGR of 5.2% during the forecast period 2021-2030. North America region emerged as the largest market for the global insect pest control market with a 36.6% share of the market revenue in 2020. North America currently dominates the insect pest control market due to an increase in residential and commercial applications, while Asia-Pacific is expected to rise in the forecast period due to the adoption of new safety and hygiene laws.

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Insect Pest Control Market Size by Course Type Insect Type (Bedbugs, Termites, Cockroaches, Flies, Mosquitoes, & Ants), Control Method (Biological, Chemical, & Physical), Application, Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2021 to 2030

Leading companies in the industry include Adama, BASF, Bayer, Ecolab, FMC Corporation, Rentokil Initial Group, Rollins, Inc., Sumitomo Chemical Co., Ltd., Syngenta and Terminix among others which are offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.

The insect type segment is divided into termites, bedbugs, cockroaches, mosquitoes, flies, & ants. The termites segment dominated the market with a market share of around 32% in 2020. The control method segment is divided into biological, chemical, & physical. Over the forecast period, the biological segment is expected to grow at the fastest CAGR of 32%. The application segment is divided into residential, commercial & industrial, livestock farms, other applications. In 2020, the commercial & industrial segment dominated the market, accounting for around 40% of global revenue. Because of the growing need for skilled pest control solutions, especially in the food manufacturing and hospitality sectors, to maintain a hygienic environment for the control of cockroaches, bedbugs, flies, and mosquitoes, insect pest control is the most widely used in the commercial and industrial sector.

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Climate change, according to the WHO book "Public Health Significance of Urban Pest," will result in a rise in the population of flying insects. According to a statement released by the World Health Organization, fly populations would increase by 244 percent by 2080. The Asian tiger mosquito, which is mostly prevalent in Asian nations such as Indonesia, Nepal, India, Malaysia, Myanmar, Thailand, Taiwan, and Vietnam, has spread rapidly to 28 countries in the last ten years, according to the Centre for Agriculture and Bioscience International.

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