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Emerging Trends Influencing The Growth Of The Exterminating And Pest Control Services Market:Launch Of New Pest Control Solutions
Exterminating And Pest Control Services
What Is the Projected Growth of the Exterminating And Pest Control Services Market?
The market size of exterminating and pest control services has seen significant growth in the past few years. It is projected to increase from $84.61 billion in 2024 to $91.29 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.9%. The growth during the historical period can be linked to factors such as health and safety issues, regulatory adherence, urban development and population density, food safety norms, and climatic conditions.
Expectations for considerable expansion are in sight for the pest control and extermination services market for the coming years. Predictions are it will amplify to $121.88 billion by 2029, with a compound annual growth rate (CAGR) of 7.5%. This projected growth in the forecast period is due to factors such as the adaptation of eco-friendly pest control techniques, the globalization of food supply networks, integrated pest management (IPM), heightened customer expectations, and technological advancements in pest control. Significant trends to watch during this forecast period include a consolidated focus on education and prevention, the development of smart pest control gadgets, adherence to regulatory requirements and certifications, enhanced pest control measures in urban settings, and incorporation of predictive analysis.
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What Are the Emerging Segments Within the Exterminating And Pest Control Services Market?
The exterminating and pest control services market covered in this report is segmented -
1) By Control Method: Chemical, Mechanical, Biological, Other Control Methods
2) By Pest Type: Insect, Termite, Rodents, Other Pest Types
3) By Application: Commercial, Residential, Industrial
Subsegments:
1) By Chemical: Insecticides, Rodenticides, Pesticides
2) By Mechanical: Traps And Barriers, Exclusion Techniques, Vacuuming
3) By Biological: Natural Predators, Microbial Pest Control Agents, Biopesticides
4) By Other Control Methods: Integrated Pest Management (IPM), Cultural Control, Physical Control
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What Long-Term Drivers Are Shaping Exterminating And Pest Control Services Market Trends?
The escalating occurrences of diseases transmitted by pests are anticipated to fuel the expansion of the exterminating and pest control services sector. These diseases, commonly known as vector-borne diseases, are human afflictions caused by parasites, bacteria, and viruses carried by vectors. Efficient pest control methods such as extermination and pest control are key for decreasing these vector populations, either by wiping out their breeding sites or by exterminating the mature insects using insecticides or other interventions. For example, in June 2023, the European Centre for Disease Prevention and Control (ECDC), a governmental agency based in Sweden that focuses on strengthening Europe's protection against infectious diseases, reported 1,133 human cases and 92 deaths from the West Nile virus infection in the EU/EEA, with 1,112 cases contracted locally in 11 countries in 2022, marking the highest incidence since the peak of the epidemic. In the same year, the EU/EEA reported 71 instances of locally transmitted dengue fever, matching the total number of cases reported in the previous ten years. Consequently, the escalating occurrences of diseases transmitted by pests will stimulate the exterminating and pest control services sector's growth.
Who Are the Top Competitors in Key Exterminating And Pest Control Services Market Segments?
Major companies operating in the exterminating and pest control services market include Rentokil Initial plc, Rollins Inc., Anticimex Group, Dodson Pest Control Inc., Ecolab Inc., Massey Services Inc., ServiceMaster Global Holdings Inc., Arrow Exterminators Inc., The Terminix International, Bayer AG, BASF SE, Syngenta AG, FMC Corporation, Lloyd Pest Control Ltd., Apex Pest Control Inc., Environmental Pest Service LLC, Senske Inc., Anderson Pest Solutions, Aptive Environmental, Bulwark Exterminating LLC, Orkin LLC, Pest Defense Solutions, Truly Nolen of America Inc., Western Exterminator Company, Cook's Pest Control Inc., Clark Pest Control, JP Pest Services, Plunkett's Pest Control, Rose Pest Solutions, Wil-Kil Pest Control, American Pest Management Inc., Catseye Pest Control, Critter Control Inc.
What Exterminating And Pest Control Services Market Trends Are Gaining Traction Across Different Segments?
Leading corporations in the extermination and pest control sector are prioritizing the creation of innovative solutions to consolidate their market footing. For example, in March 2022, Provivi, Inc., an American scientific company developing safer, scalable insect control technologies collaborated with Syngenta Crop Protection, LLC to launch Nelvium. This product is the first of its kind in Indonesia, aiming to assist rice growers in effectively managing crucial pests as rice cultivation serves as the primary energy source for half of the global population. Pheromones have been utilized in farming for over three decades to manage pests, marking the first instance for Indonesian rice to be treated with this strategy. Employing pheromones in an effective pest management system offers significant benefits, including their highly specific target activity and a method that inhibits instead of eradicating, thereby fostering the conservation of biodiversity and the expansion of non-target species. Syngenta Crop Protection is a manufacturing corporation based out of Switzerland that offers crop protection chemical substances and agricultural services.
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Which Regions Are Becoming Hubs for Exterminating And Pest Control Services Market Innovation?
North America was the largest region in the exterminating and PST control services market in 2024. The regions covered in the exterminating and pest control services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Exterminating And Pest Control Services Market?
2. What is the CAGR expected in the Exterminating And Pest Control Services Market?
3. What Are the Key Innovations Transforming the Exterminating And Pest Control Services Industry?
4. Which Region Is Leading the Exterminating And Pest Control Services Market?
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