Pest Control Market to See Incredible Growth | 2026
Pest
control is defined as regulation or management of species of the
animal kingdom that impact human activities and hamper the
performance of various human related activities. Pest control
measures may be performed as part of an integrated pest management
strategy. For instance, keeping pests at bay through cultural,
chemical, and biological means is a common strategy employed in the
agriculture industry. Furthermore, plowing and cultivation of the
soil before sowing mitigates the nuisance of pests. There is a modern
trend to limit the use of pesticides as far as possible. This can be
achieved by monitoring the crop and applying insecticides only when
necessary. Growing crops that are resistant to pests is another way
of limiting the usage of pesticides.
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Rise
in urbanization and industrialization is also boosting the demand for
pest control products. This, in turn, is augmenting the pest control
market. Additionally, the change in climatic conditions, which helps
in the growth of pests, is propelling the demand for pest control
products. Implementation of stringent regulations regarding pest
control in commercial buildings, hospitals, etc. is also fueling the
demand for pest control products. This, in turn, is driving the pest
control market.
Problems
in proper application of pest control products is acting as a major
restraint of the pest control market. Pest control products also
remain in the atmosphere and form residue and accumulate, leading to
health issues for consumers. Pest control products also remain in the
soil for a longer time. This causes soil pollution. This is also
hampering the pest control market.
Based
on type, the pest control market can be segmented into chemical pest
control, mechanical pest control, biological pest control, and
others.
In
terms of pest type, the pest control market can be divided into
insects, termites, rodents, and others.
Based
on application, the pest control market can be segregated into
commercial, residential, agricultural, industrial, and others. Of
these, the agricultural segment is expected to expand at the highest
CAGR during the forecast period. In terms of value, the commercial
and residential segments collectively accounted for more than 50%
share of the pest control market in 2018. In terms of value, the
agricultural segment holds significant share of the market owing to
the rising need for the protection of crops.
Based
on region, the pest control market can be split into North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America is expected to dominate the market owing to the
implementation of new food safety and hygiene legislations in the
region. North America accounted for almost 50% share of the global
pest control market in 2017. The market in the region is anticipated
to expand significantly, led by the rise in awareness about the
outbreak of diseases related to pests.
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Key
players operating in the pest control market are Rentokil Initial
PLC, BASF SE, Ecolab Inc., Syngenta AG, National Pest Control, Orkin,
LLC, Lindsey Pest Control, Bayer AG, FMC Corporation, and Rollins,
Inc.
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