Global Pest Control Market

Pest Control Market Size, Share, Growth Analysis, By Pest Type(Insects, Termites, Rodents, Wildlife), By Application(Residential, Commercial, Industrial), By Control Method(Chemical, Biological, Mechanical Treatment.), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15E2402 | Region: Global | Published Date: June, 2024
Pages: 165 | Tables: 91 | Figures: 76

Pest Control Market News

  • In December 2021, A major supplier of top-notch pest management services, Clark's Termite & Pest Control was bought by Anticimex. Anticimex expects to increase the throughput of its pest management services in Carolina as a result of this acquisition.
  • In March 2021, The development of enzyme products for crop protection against fungus and insect pests was a joint effort between FMC Corporation and Novozymes.
  • In February 2021, To control pests on citrus farms, Bayer created the biological and pheromone-based crop protection product Vynyty Citrus. A container called Vynyty Citrus houses an active liquid. It is the only citrus pest control product available on the pest control market that is made using natural pyrethrum and pheromones. Pests are kept at bay by pheromones, which interfere with their mating habits and stop them from reproducing.
  • In May 2020, to assure the safety of its customers and so empower them to combat the COVID19 pandemic, Terminix UK Ltd. introduced their innovative "HomeBox," a social distance pest management service solution, in homes and businesses across the UK. The HomeBox is made primarily to exterminate cockroaches, ants, and rodents. The HomeBox gives the customer the option to confirm with regulatory advice on social distance in addition to expert assistance from industry professionals.
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Pest Control Market size was valued at USD 21.85 billion in 2019 and is poised to grow from USD 23 billion in 2023 to USD 34.3 billion by 2031, growing at a CAGR of 5.3% in the forecast period (2024-2031).

Top Players in the Pest Control Market 'Rentokil Initial plc', 'Ecolab Inc.', 'Rollins Inc.', 'Terminix Holdings Inc.', 'Anticimex Group', 'Truly Nolen of America Inc.', 'Massey Services Inc.', 'Arrow Exterminators Inc.', 'Rentokil Steritech', 'Western Exterminator Company', 'The ServiceMaster Company LLC', 'JG Pest Control', 'Orkin LLC', 'FMC Corporation', 'Bayer AG', 'BASF SE', 'Syngenta AG', 'DowDuPont Inc.', 'Spectrum Brands Holdings Inc.', 'Bell Laboratories Inc.'

Pest control is one of the most crucial elements of food safety in the food supply chains. In addition to climate change, changes in the production, sourcing, and distribution of food have increased the possibility of pests contaminating food. Additional factors that are anticipated to motivate food producers and manufacturers to create more effective and sustainable solutions to assure food quality and safety include stricter laws for food safety and changes in consumer preferences.

Due to its low servicing costs and ability to operate constantly in remote and challenging-to-access regions without affecting the facility's functionality, AI has becoming more widely used. Consequently, it is anticipated that during the next few years, demand for digital pest control solutions would increase significantly.

By region, the pest control market is spread across North America, Europe, Asia-Pacific, and LAMEA. While the Asia Pacific market is estimated to develop at the highest CAGR of 6.7 percent by 2028, the North American pest control market is predicted to be the largest by that time. North America had the greatest pest control customer base in 2021. It continues to be the leading pest control market with a share of 50.8 percent. Over 20,100 pest control businesses with an average of six technicians operate in North America. A steadily expanding economy and a strengthening real estate market have led to increased investments in both residential and commercial properties.

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Global Pest Control Market

Product ID: SQMIG15E2402